Mississippi Business Journal » light

Solar power company inks letter with manufacturer

MBJ Staff — Wed, 01 May 2013 12:49:34 +0000

GULFPORT — Solar America Corp. has signed a letter of intent with L&G Energy Solutions, a commercial manufacturer of energy management devices including LED lighting and solar equipment. L&G Energy Solutions, based in Round Rock, Texas, is a clean tech company building products aimed at reducing energy consumption. According to the provisions of the LOI, [...]

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Commissioner wants review of utility metering following school issue

MBJ Staff — Thu, 11 Apr 2013 12:48:25 +0000

JACKSON— Northern District Public Service Commissioner Brandon Presley is requesting a formal review of Mississippi’s electric utilities’ metering policies and procedures. The Public Utilities Staff will work in conjunction with Commission staff to conduct the review, which will cover both investor owned utilities and electric power associations, according to a release from Presley’s office. Over [...]

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Commissioners want more info on gas utility’s plan

Associated Press — Wed, 10 Apr 2013 11:54:24 +0000

JACKSON — Regulators want to look again at an Atmos Energy Corp. plan to raise connection charges and cut rates for natural gas. The Mississippi Public Service Commission voted for more study, with commissioners expressing concerns about raising bills for people who use little natural gas in summer. Dallas-based Atmos wants to raise monthly connection [...]

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Entergy repaying school $1.2M-plus for years of overbilling

Associated Press — Tue, 09 Apr 2013 12:18:50 +0000

HERNANDO — Entergy Mississippi is reimbursing Hernando High School $1,230,313.55 for over a decade of high electricity bills, according to Public Service Commissioner Brandon Presley. From September 2001 to July 2012, Entergy over billed the school for electricity usage for an amount just under a million dollars, a press release from Presley’s office states. At [...]

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Entergy Mississippi executes agreement with MISO

MBJ Staff — Tue, 04 Dec 2012 16:06:11 +0000

JACKSON — Five Entergy utilities have taken a key step toward membership in a regional transmission organization via submission of the executed transmission owner agreement to the Midwest Independent Transmission System Operator, or MISO. The utilities – Entergy Mississippi Inc., Entergy Texas Inc., Entergy Louisiana, LLC, Entergy Gulf States Louisiana, LLC and Entergy New Orleans [...]

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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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Utility reports performance hurt by election uncertainties

Associated Press — Mon, 05 Nov 2012 13:09:51 +0000

ATLANTA — Southern Company reported third quarter earnings of $976 million, or $1.11 a share, compared with $916 million, or $1.07 a share, for the same period a year ago. For the nine months ended Sept. 30, 2012, Southern’s earnings were $1.97 billion, or $2.26 a share, compared with $1.94 billion, or $2.27 a share, [...]

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Utility reports all nuclear plants safely weathered Sandy

MBJ Staff — Tue, 30 Oct 2012 17:03:56 +0000

JACKSON — Entergy Nuclear reports its Indian Point Energy Center and James A. FitzPatrick Nuclear Power Plant in New York, Pilgrim Nuclear Power Station in Massachusetts and Vermont Yankee Nuclear Power Plant in Vermont have all safely weathered Hurricane Sandy. Indian Point 2, FitzPatrick and Pilgrim remained at full power while Vermont Yankee reduced power [...]

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Commissioners give nod to co-op’s purchase of power plant

Associated Press — Tue, 30 Oct 2012 12:27:40 +0000

BATESVILLE and HATTIESBURG — The Mississippi Public Service Commission has approved the $286-million sale of bankrupt LSP Energy to South Mississippi Electric Power Association. Commissioners voted 3-0 yesterday to give Hattiesburg-based SMEPA the right to operate the natural gas-fired power station in Batesville. The order also gives SMEPA the right to acquire any rights of [...]

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