Mississippi Business Journal » heating

Commissioner pushing for extension of utilities’ incentives

MBJ Staff — Tue, 13 Nov 2012 18:16:24 +0000

JACKSON — Public Service Commissioner Brandon Presley is encouraging four of Mississippi’s major electric and gas utilities to extend small business rate incentives for another year. Incentives provided by Entergy Mississippi, Mississippi Power Company, CenterPoint Energy Resources and Wilmut Gas & Oil Company are set to expire Dec. 31. Atmos Energy Corporation has a similar [...]

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Utility’s earnings take big hit during third quarter

MBJ Staff — Tue, 06 Nov 2012 00:34:12 +0000

NEW ORLEANS — Entergy Corporation reported third quarter 2012 as-reported earnings of $337.1 million, or $1.89 per share, compared with $628.1 million, or $3.53 per share, for third quarter 2011. On an operational basis, Entergy’s third quarter 2012 earnings were $347.7 million, or $1.95 per share, compared with $628.1 million, or $3.53 per share, in [...]

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PSC pondering change to rate-setting policy

MBJ Staff — Wed, 08 Aug 2012 16:22:17 +0000

JACKSON — Northern District Public Service Commissioner Brandon Presley reports the Mississippi Public Service Commission (PSC) has opened an inquiry into whether reduced borrowing costs for electric utility companies and other factors should translate into lower rates for customers. The PSC voted 3-0 to open the inquiry. Presley said current rates were set when interest [...]

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Gas utilities want regulators to approve previously unapproved rates

Associated Press — Fri, 22 Jun 2012 15:44:15 +0000

NORTH MISSISSIPPI — Six municipally owned natural gas utilities are asking state regulators to approve rates they’ve already been charging customers without approval. The Northeast Mississippi Daily Journal reports the requests have been filed with the Public Service Commission by utilities in Pontotoc, Batesville, Booneville, Holly Springs, New Albany and Walnut. Northern District Public Service [...]

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PSC OKs utility’s decrease in fuel cost recovery

Associated Press — Thu, 12 Jan 2012 14:46:56 +0000

GULFPORT — State regulators have approved Mississippi Power Co.’s proposed decrease in the amount it recovers in its annual fuel filing. Mississippi Power’s fuel costs are recovered from customers on a dollar-for-dollar basis. The company does not earn a profit on the fuel used to generate electricity. Public Service Commission chairman Leonard Bentz says Mississippi [...]

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Delta town finally gets gas after failing to pay bill

Associated Press — Fri, 02 Dec 2011 17:51:38 +0000

WINSONVILLE — People in a struggling Mississippi Delta town will soon have natural gas service after six months of heating bath water on electric stoves or cooking on hot plates because the town failed to pay its gas supplier for years. Utility crews are restoring service in Winstonville this week just as the first blast [...]

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Environment Masters expands services in metro area

For the MBJ — Mon, 18 Apr 2011 19:04:07 +0000

JACKSON — Environment Masters, specializing in heating and air-conditioning since 1957, has expanded to also serve the plumbing needs of homeowners and businesses throughout the Jackson metro area, according to Raymond J. Nalty, III, president. David Hicks, a master plumber with 28 years of local experience, heads the new Environment Masters division. A Jackson native [...]

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Environment Masters acquires Hodges Engineering

Wally Northway — Tue, 28 Sep 2010 15:33:52 +0000

RIDGELAND — Environment Masters, a residential and commercial heating and air-conditioning company serving metro Jackson since 1957, has purchased the assets of Hodges Engineering Corporation of Ridgeland, according to Raymond J. Nalty, III, Environment Masters president. Customers who held service agreements with Hodges recently were notified of the change in a letter signed by Nalty [...]

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South sucks heating money from cold-weather states

Associated Press — Fri, 12 Feb 2010 15:43:37 +0000

PORTLAND, Maine — The recent cold snap in the Deep South has sucked federal emergency home heating dollars away from traditional cold-weather states, causing heating aid to dry up faster than usual in many northern states. The South was the beneficiary last month when the Obama administration released $490 million in emergency heating funds, using [...]

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