by MBJ Staff Published: December 20,2012
Tags: agency, bond, cooperative, credit, credit ratinmg, debt, debt rating, electric, electricity, elevtricity, enegy, energy, federal, government, power, utility
NORTH MISSISSIPPI — Fitch Ratings has assigned an “AAA” rating to the $1-billion 2012 series B Tennessee Valley Authority (TVA) global power bonds. The bonds were priced Dec. 18, 2012. Proceeds from the 2012 series B bonds will be primarily used to refinance outstanding debt. In addition Fitch awarded a parity global power bond rating [...] [...]
by MBJ Staff Published: December 20,2012
Tags: acauiaitiopn, bill, buy, electric, electricity, energy, fuel, generation, hurricane, mmerger, natural gas, outage, power, purchase, rate, sale, sell, storm, transmission, tropical, utility, Weather
JACKSON — Entergy Mississippi customers will see a rate increase of about 5 percent in early 2013, according to the utility. The typical residential customer using 1,000 kWh will pay $95.63 in January and $99.71 in February. For comparison, in February 2012, the typical customer paid $95.08 per 1,000 kWh of electricity. “Electricity rates are [...] [...]
by Associated Press Published: December 18,2012
Tags: bench, coal, conmtamination, construction, court, decision, electricity, elevtric, environment, judge, judicial, judiciary, justice, law, legal, plant, pollution, power, power generation, ruling, wildlife
KEMPER COUNTY — Mississippi Power Co.’s $2.8 billion Kemper County power plant is one step closer to legal clearance. Company spokesman Jeff Shepard tells The Associated Press that Harrison County Chancery Judge Jim Persons has denied a Sierra Club challenge to the plant’s license. Shepard says Persons released the ruling late yesterday. The environmental group [...] [...]
by Associated Press Published: December 17,2012
Tags: air pollution, automaker, automobile, car, clean, commonwealth, economic development, elected official, electric, electricity, environment, factory, government, green, incentive, manufacture, manufacturer, manufacturing, plant, politica, politician, pollution, public official, Site Selection, state, vehicle
HORN LAKE and TUNICA — An electric car firm headed by Virginia Democratic gubernatorial candidate Terry McAuliffe never provided Virginia officials enough details to obtain economic development incentives, according to an Associated Press review of state records. McAuliffe claimed in a Dec. 5 news conference that the Virginia Economic Development Partnership didn’t want to bid [...] [...]
HATTIESBURG and JACKSON — MISO’s board of directors has approved seven new transmission-owning members, as well as a new transmission-planning portfolio. The additions include six Entergy utility operating companies, including Entergy Mississippi in Jackson, along with Hattiesburg-based South Mississippi Electric Power Association (SMEPA). Full integration of Entergy and SMEPA is planned for December 2013. [...]
by Associated Press Published: December 12,2012
Tags: Alternative energy, biofuel, electricity, employee, employer, employment, energy, environment, green, incentive, job, solar, sustainability, sustainable, wind, work, worker
ACROSS MISSISSIPPI — Mississippi has disbursed nearly $227 million in aid to six alternative energy companies since 2010, but so far has fewer than 500 jobs to show for it. Research by The Associated Press finds the state has put in most of its total commitment, mainly in loans, to help some companies get off [...] [...]
by MBJ Staff Published: December 12,2012
Tags: agency, electricity, energy, entrepreneur, entrepreneurship, natural gas, power, small business, state, utility
JACKSON — Electric and natural gas utility companies doing business in Mississippi have submitted extensions of their Small Business Rate Incentive Plans, according to a release from Public Service Commissioner Leonard Bentz. Bentz originally put these plans into place in 2011. Incentive plans filed by Mississippi Power Company, Entergy Mississippi, Atmos Energy Corporation, CenterPoint Energy [...] [...]
by Associated Press Published: December 11,2012
Tags: coal, electric, electricity, employer, employment, energy, environment, job, labor, pollution, power generation, union, utility, work, worker
KEMPER COUNTY — In exchange for the promise of 1,000 jobs, a group of labor unions is throwing its support behind Mississippi Power Co.’s Kemper County coal plant. The unions had most recently opposed the plant because contractors for Atlanta-based Southern Co. were excluding union members from the $2.8 billion project, which currently employs 2,600 [...] [...]
by Associated Press Published: December 10,2012
Tags: authority, board of directors, cooperative, electricity, energy, executive, federal, generation, management, meeting, power, transmission, utility
NORTH MISSISSIPPI — The Tennessee Valley Authority is expected to have a special meeting today to discuss delegating authority to the utility’s new chief executive until it fills several vacancies on its board. The board is made up of nine members and five seats are pending congressional action, including one that’s up for reappointment. Congress [...] [...]
NORTH MISSISSIPPI — Nuclear power plant regulators want more specific information from TVA on how the utility plans to protect reactors in case of severe flooding. According to the Chattanooga (Tenn.) Times Free Press, the Nuclear Regulatory Commission heard TVA’s flood plans and scheduled another meeting on Dec. 13, seeking more information. An NRC project [...] [...]
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