Posts Tagged ‘Mississippi Public Service Commission’

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 […] [...]

Kemper power plant goes online burning natural gas

KEMPER COUNTY — Mississippi Power Co. says a key part of its $5.5 billion Kemper County power plant is operational. The unit of Atlanta-based Southern Co. announced yesterday that it has put three power generating turbines into commercial operation burning natural gas piped to the east Mississippi plant. It comes even as Mississippi Power completes […] [...]

Water utilities balk at free hook-ups for domestic abuse victims; Presley offended

JACKSON — Water utilities said yesterday that the Mississippi Public Service Commission doesn’t have the power to force them to allow victims of domestic abuse to hook up utilities without immediately paying deposits. And some representatives said it wasn’t a good idea anyway, saying the commission was singling out “a special group” that could cause […] [...]

PSC delays Kemper power plant hearing; Blanton files motion

JACKSON  — The Mississippi Public Service Commission today delayed hearings on whether Mississippi Power Co. has spent prudently in building the $5.5 billion Kemper County power plant. Prudency hearings are a key step in the company collecting from its 186,000 ratepayers to pay for the plant, even though rates have already risen 18 percent. The […] [...]

PSC wants to hear from utilities about proposed EPA regulations

JACKSON — The Mississippi Public Service Commission is seeking input from others, including utilities, in its efforts to fight proposed federal rules that would cut carbon dioxide emissions from Mississippi’s power plants. The U.S. Environmental Protection Agency, as part of a nationwide effort, proposed in June that Mississippi’s carbon dioxide emissions from power plants be […] [...]

Entergy wants PSC to approve overhaul of entire rate structure

JACKSON — Entergy Corp. officials tell The Associated Press they will ask Mississippi regulators to overhaul the power provider’s entire rate structure in a proposal that would generated an estimated $49 million increase in annual revenue. The rate overhaul would be the company’s first in 12 years. Entergy Mississippi CEO Haley Fisackerly tells The Associated […] [...]

NARUC lawsuit stops collections for Nuclear Waste Fund

JACKSON — Thanks to the work of state utility commissions, this year Mississippi ratepayers will have an estimated $3.7 million dollars in their pockets which would otherwise go to the federal government, says Public Service Commissioner Brandon Presley. As a result of a lawsuit brought by the National Association of Regulatory Utility Commissioners (NARUC), of […] [...]

Fitch Ratings taking no action due to Kemper plant delay

KEMPER COUNTY — Fitch Ratings is not taking any rating actions following the latest cost revisions and schedule extension for the Kemper integrated gasification combined cycle (IGCC) project. On April 28, Mississippi Power announced another revision on the scheduled in-service date for Kemper IGCC and a further increase in the construction costs. Further cost increases […] [...]

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