Posts Tagged ‘power generation’

Ratepayers watching closely as TV board meets to craft budget

by Associated Press Published: August 16,2012

Tags: board of directors, budget, electricity, energy, meeting, power, power bill, power generation, rate, ratepayer

NORTH MISSISSIPPI — Electricity rates for Tennessee Valley Authority customers in seven states are on the agenda for the utility’s board of directors. The board meets today in Knoxville and will vote on the budget for the fiscal year that begins Oct. 1. Part of the financial plan will be deciding whether to raise or […] [...]

SMEPA to buy power plant; county watching with concern

BATESVILLE — South Mississippi Electric Power Association plans to buy a Batesville power plant for almost $286 million, a spokeswoman said yesterday. SMEPA spokeswoman Sara Peterson said the utility won a bankruptcy auction Monday to buy the assets of LSP Energy. Hattiesburg-based SMEPA generates and transmits power to 11 cooperatives in southern and western Mississippi. […] [...]

TVA reports substation expands capacity, reliability

WEST POINT — The Tennessee Valley Authority says its $55-million transmission infrastructure project in the southern portion of TVA’s Mississippi District is expanding power capacity, improving system reliability and helping boost the region’s economy. TVA’s new 500-kilovolt substation in Clay County was activated in June. The utility says the project was completed on time and […] [...]

Entergy: Consultant’s report supports MISO membership

JACKSON — Entergy Mississippi Inc. says Mississippi stands to gain from a proposal by the utility to join a large regional transmission organization. This is according to a recent analysis by Mississippi Public Service Commission consultants Bates White, LLC, Entergy reports. The consulting firm was hired by the MPSC to provide an independent analysis of […] [...]

Entergy: Grand Gulf license renewal remains on track

CLAIBORNE COUNTY — Entergy Nuclear officials say the license renewal for the Grand Gulf Nuclear Power Plant in Claiborne County remains on track. Grand Gulf’s license expires in 2024, and an application to extend it an additional 20 years is expected to be finalized by September 2013. On June 8, the U.S. Court of Appeals […] [...]

PSC could rule on Mississippi Power rate-hike request today

by Associated Press Published: June 22,2012

Tags: coal, electric, electric generation, electricity, power, power generation, Power plant, rate, ratepayer, state agency, utility

KEMPER COUNTY — A rate increase for Mississippi Power Co. customers could be approved today. The Mississippi Public Service Commission will consider a request by the company to raise rates by $58.6 million over the last six months of 20102. That money would start paying debt costs for the $2.76 billion coal-fired power plant the […] [...]

AP analyzes impact of Mississippi Power’s proposed rate increase

by Associated Press Published: June 20,2012

Tags: electricity, energy, media, power, power bill, power distribution, power generation, rate, rate increase, ratepayer, utility

KEMPER COUNTY — Regulators meeting Friday could allow Mississippi Power Co. to collect an additional $58.6 million in the last six months of 2012. That would start paying for the $2.76 billion power plant the company is building in Kemper County. Filings made Thursday with the Public Service Commission show that the average residential customer’s […] [...]

Mississippi Power petitions for rate hike to pay for Kemper plant

KEMPER COUNTY — Mississippi Power Co. wants a 6 percent rate increase to pay for the coal-fired power plant it is building in Kemper County. Jeff Shepard, a spokesman for the Gulfport-based unit of Southern Co., said yesterday that would increase the company’s overall revenue from its 193,000 customers by about $50 million. The Mississippi […] [...]

Topazi retiring as COO of Southern Company

ATLANTA — Southern Company chairman, president and CEO Thomas A. Fanning has made public a number of changes within the company’s management team, effective July 1, including the replacement for Anthony Topazi. According to Fanning, Mark A. Crosswhite will become executive vice president and COO for Southern Company. Crosswhite will assume the role vacated by […] [...]

Entergy losses $151.7M in first quarter due to Vermont plant

NEW ORLEANS — Power provider Entergy Corp. posted a first-quarter loss after taking an accounting loss on its Vermont Yankee nuclear plant and expenses from the pending spinoff of its electric transmission business. For the January-through-March period, New Orleans-based Entergy said it lost $151.7 million, or 86 cents per share, on revenue of $2.38 billion. […] [...]

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