Posts Tagged ‘interest rate’

PSC pondering change to rate-setting policy

by MBJ Staff Published: August 8,2012

Tags: bill, cool, cooling, elevtricity, energy, heat, heating, interest rate, natural gas, rate, ratepayer, state agency, utility

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 […] [...]

Could better interest rates, sales offset Kemper plant cost overruns?

by Associated Press Published: August 7,2012

Tags: byproducts, coal, construction, cost overrun, electricity, energy, interest rate, plant, power, ratepayer, sales, state agency

KEMPER COUNTY — Lower interest rates and higher sales of byproducts could allow Mississippi Power Co. to make up for higher costs at the power plant it’s building in Kemper County. Officials say customers won’t have to pay more to cover the plant’s cost, which has risen from $2.4 billion to more than $2.8 billion. […] [...]

Europeans expected to keep interest rate at record low

by Associated Press Published: July 6,2010

Tags: economy, interest rate, world markets

BERLIN — The European Central Bank is set to leave its benchmark interest rate at a record low of 1 percent for the 14th straight month when it meets this week amid ebbing concerns over the health of the continent’s banking sector and a modest recovery for the euro. With little prospect of rates changing […] [...]

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