Posts Tagged ‘Mississippi Public Service Commission’

Rep. Brown says he will run for Posey’s seat on PSC

JACKSON — Democratic state Rep. Cecil Brown of Jackson said yesterday that he’s running in 2015 for a seat on the Mississippi Public Service Commission, the three-member board that regulates utilities. Brown, 70, said he will seek the central district seat that is held by Republican Lynn Posey, a former state senator from Union Church. […] [...]

PSC fines companies for alleged violations of no-call law

JACKSON — The Mississippi Public Service Commission has fined three companies for alleged violations of the state’s no-call law. Commissioners voted unanimously yesterday to enter default judgments against Financial Knowledge Network, HME Providers and Fountain of Youth Bathtubs. Financial Knowledge Network of Wyoming, James Thomas Graham of Florida and associated companies are alleged to have […] [...]

Water association sues PSC over waiver for domestic violence victims

JACKSON — The Mississippi Rural Water Association has sued the state Public Service Commission in federal court, claiming the commission overstepped its authority and conflicted with federal law when it required a 60-day delay in utility deposits for domestic violence victims. The suit was filed in U.S. District Court in Jackson by the association, which […] [...]

Entergy agrees to cut $35M from its new rate plan

JACKSON — Entergy Corp. has agreed with Mississippi regulators to cut $35 million from the amount it is seeking from customers under a new rate plan, dropping the total to $14 million annually and setting the stage for the Public Service Commission to approve the plan by Dec. 9. Mississippi’s largest private utility also agreed […] [...]

PSC sticks to order allowing domestic violence victims to delay utility deposits

JACKSON — The Mississippi Public Service Commission won’t reconsider its order to let victims of domestic violence delay paying utility deposits for 60 days, setting up a possible legal showdown over the regulator’s authority over rural water association and electrical cooperatives. The commission voted 3-0 yesterday to deny a request from rural water associations and […] [...]

Entergy expects drop in quarterly as-reported earnings compared to last year

NEW ORLEANS — Entergy Corporation expects third quarter 2014 as-reported earnings of approximately $1.26 per share and operational earnings of approximately $1.67 per share. Results for third quarter 2013 were $1.34 per share on an as-reported basis and $2.41 per share on an operational basis. The Utility posted another quarter-over-quarter of industrial sales growth, led […] [...]

Entergy Mississippi unveils energy-efficiency, cost-cutting programs

JACKSON — Entergy Mississippi is launching a number of programs designed to help improve energy efficiency and save money on bills. “The Mississippi Public Service Commission wanted utilities to create more opportunities for customers to save money on their electric bills through energy efficiency,” said Haley Fisackerly, Entergy Mississippi president and CEO. “Entergy Solutions is […] [...]

PSC approves rate hike for Mississippi River Gas

FLOWOOD — Natural gas rates are going up for customers of Mississippi River Gas, LLC. The Flowood-based company serves almost 3,300 customers around Port Gibson, Fayette, Bogue Chitto, Tchula and Natchez. The Mississippi Public Service Commission approved the rate increases earlier this month. Customers will now have to pay a basic charge of $9 a […] [...]

Fitch gives Mississippi Power a negative outlook due to Kemper plant

GULFPORT — Fitch Ratings has affirmed the issuer default rating (IDR) and security ratings for Southern Company, and has affirmed the IDRs and debt ratings for Southern Company’s subsidiaries. The rating outlook for all of the subsidiaries is stable, except for Mississippi Power, which remains negative. Fitch wrote: “The key near-term uncertainty at Mississippi Power […] [...]

Regulators to look at electric power co-ops’ books

JACKSON — Regulators will review the books of Mississippi’s 25 electric power associations to try to determine whether they are holding money that should instead flow back to customers. The Mississippi Public Service Commission voted 3-0 yesterday for its own legal staff and the freestanding Public Utilities Staff to conduct a joint review, with an […] [...]

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