by MBJ Staff Published: January 31,2013
Tags: costs, eartnings, electricity, energy, expenses, financial statement, income, power, power generation, profit, publicly traded company, revenue, sales
ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, [...] [...]
by Associated Press Published: January 30,2013
Tags: bill, bonds, coal, construction, electricity, energy, law, lawmaker, legislation, legislator, power, Power plant, state government, utility
KEMPER COUNTY — Lawmakers are advancing a proposal to let Mississippi Power Co. sell bonds to cover expenses above $2.4 billion at the Kemper County power plant it’s building. They also want to allow the Mississippi Public Service Commission to approve a multi-year rate plan, to prevent a rate spike when the plant begins operation. [...] [...]
by MBJ Staff Published: January 28,2013
Tags: COST, disaster, disaster recovery, electricity, ice, poll, power, power line, power outage, snow, storm, utility, Weather
LITTLE ROCK, Ark. — Entergy Arkansas has compiled preliminary damage estimates following the Christmas Day ice storm that gripped Central Arkansas and left more than 194,000 customers without power and caused extensive damage due to ice, snow and high wind. Total restoration costs for the repair and/or replacement of Entergy Arkansas’ electrical facilities in areas [...] [...]
NEW ORLEANS — Entergy Corporation expects fourth quarter 2012 as-reported earnings of approximately $1.65 per share and operational earnings of approximately $1.71 per share. Results for fourth quarter 2011 were $0.87 per share on an as-reported basis and $0.94 per share on an operational basis. Entergy also affirmed previously issued operational earnings guidance for 2013. [...] [...]
by Associated Press Published: January 18,2013
Tags: courthouse, culture, destroy, destruction, disaster, electricity, emergency, fire, Heritage, historic, history, investigate, investigation, investigator, power strip, short
WALTHALL — Authorities say a predawn fire that gutted the Webster County courthouse in Walthall was caused by an electrical short. Sheriff Tim Mitchell told supervisors an investigation showed yesterday’s predawn fire started when a power strip in a first-floor office on the southwest corner of the building shorted out. Mitchell says the fire marshal’s [...] [...]
by Associated Press Published: January 14,2013
Tags: appeal, court, distribution, electricity, energy, generation, judge, justice, law, legal, nuclear energy, power, regulator, state government, utility
JACKSON — The question of whether Vermont’s only nuclear plant can continue operating without the approval of state regulators goes before a federal appeals court today in a dispute that has gained increasing attention nationally about the boundaries of federal authority over a controversial power source. Entergy Nuclear Operations Inc. brought the issue to court. [...] [...]
by Associated Press Published: January 11,2013
Tags: cooperative, electricity, energy, nuclear, nuclear power, power, Power plant, reactor, refueling, utility
NORTH MISSISSIPPI — The Tennessee Valley Authority has refueled its Unit 2 reactor at the Sequoyah Nuclear Plant ahead of schedule. In a statement, TVA also said the refueling came in under budget. The reactor at the plant in Soddy-Daisy, Tenn., near Chattanooga, Tenn., was scheduled to be down for 90 days when the planned [...] [...]
by MBJ Staff Published: January 11,2013
Tags: award, disaster, disaster recovery, electricity, emergency, energy, flood, flooding, hurricane, natural disaster, poweer, rain, response, storm surge, superstorm, tornado, utility, Weather, wind
NEW ORLEANS — The Edison Electric Institute has again honored Entergy Corporation with the association’s 2012 Emergency Recovery Award and Emergency Assistance Award, this time for the utility’s work restoring power to its own customers following Hurricane Isaac and to customers of other utilities after Hurricane Sandy and last June’s derecho weather event. This is [...] [...]
by Associated Press Published: January 8,2013
Tags: bill, commission, electricity, energy, generation, power, Power plant, rate, state agency, transmission
JACKSON — Entergy Corp. will raise customer bills again starting later this month to pay the costs of Entergy Mississippi buying a share of the Grand Gulf nuclear plant from sister company Entergy Arkansas. A residential customer who uses 1,000 kilowatt hours per month will see his or her bill increase $2.78 per month from [...] [...]
by MBJ Staff Published: January 4,2013
Tags: coal, electricity, energy, equipment, generation, highway, power, traffic, transportation, travel, utility
ACROSS MISSISSIPPI — Another large piece of equipment will be moved next week to Mississippi Power Co.’s coal-powered power plant under construction in Kemper County. According to the Mississippi Department of Transportation (MDOT), on Jan. 9, a group of four wide loads will begin leaving Big Bee Valley in Noxubee County for the Kemper County [...] [...]
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