Posts Tagged ‘rate’

Mississippi Power asks for rate hike to meet fuel costs

GULFPORT — Mississippi Power Co. says it needs to charge more in 2014 for fuel as part of its yearly rate evaluation. The unit of Atlanta-based Southern Co., in a filing with the Mississippi Public Service Commission, says it wants to raise rates by 3.35 percent. For residential customers, bills would go up 2.66 percent […] [...]

Insurance Department files lawsuit; looks to block federal rate hikes

JACKSON — The Mississippi Department of Insurance filed a lawsuit yesterday against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. State Insurance Commissioner Mike Chaney said that unless something changes, some customers could see their rates rise by more than 3,000 percent because of a […] [...]

New mayor proposes rate, tax hikes in Capital City

JACKSON — Mayor Chokwe Lumumba has proposed sweeping water and sewer rate hikes and a one-time tax increase that together will raise more than $36 million in new revenue. In his remarks to the Jackson City Council yesterday, Lumumba repeatedly returned to the theme of doing what is necessary, instead of what is politically convenient. […] [...]

CenterPoint customers to see increase in monthly bill

by Associated Press Published: July 12,2013

Tags: bill, CenterPoint, energy, Mississippi Public Service Commission, natural gas, rate, Richard Leger

JACKSON — Rates are going up for CenterPoint’s natural gas customers in Mississippi. The Mississippi Public Service Commission approved a rate increase that will cost the average CenterPoint residential customer an additional $1.58 a month. The average small commercial customer will pay about $4 more per month. The increase goes into effect today, the company […] [...]

Cooperative raising rates due to Kemper plant costs

by Associated Press Published: April 18,2013

Tags: coal, construction, cooperative, electricity, energy, plant, power, rate, utility

MERIDIAN — East Mississippi Electric Power Association is raising rates for some customers because of higher wholesale power rates charged by Mississippi Power Co. to cover the costs of its Kemper County power plant. The Meridian-based electric cooperative says customers in Lauderdale, Clarke, Newton, Wayne and Jasper counties will see power rates rise by 9.3 […] [...]

Commissioners want more info on gas utility’s plan

by Associated Press Published: April 10,2013

Tags: connection, energy, fee, light, natural gas, power, rate, reguilator, regulation, state agency, utility

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 […] [...]

Commissioners approve second part of Entergy’s rate increase

by Associated Press Published: January 8,2013

Tags: bill, commission, electricity, energy, generation, power, Power plant, rate, state agency, transmission

JACKSON — Entergy Corp. will raise customer bills again starting later this month to pay the costs of Entergy Mississippi buying a share of the Grand Gulf nuclear plant from sister company Entergy Arkansas. A residential customer who uses 1,000 kilowatt hours per month will see his or her bill increase $2.78 per month from […] [...]

BauerFinancial gives Hancock Bank five stars — again

by MBJ Staff Published: January 3,2013

Tags: bank, banker, banking, finance, financial institution, rank, ranking, rate, rating

GULFPORT — Hancock Bank has received a “Superior 5-Star” rating from BauerFinancial Inc. for the quarter ending Sept. 30. Hancock Bank has now earned a recommended rating from Bauer (5-Stars or 4-Stars) for the past 93 consecutive quarters — more than 23 years. “Consumers and businesses alike have come to depend on Bauer’s rating system […] [...]

Entergy raising rates; cites storm, fuel costs, acquisitions

JACKSON — Entergy Mississippi customers will see a rate increase of about 5 percent in early 2013, according to the utility. The typical residential customer using 1,000 kWh will pay $95.63 in January and $99.71 in February. For comparison, in February 2012, the typical customer paid $95.08 per 1,000 kWh of electricity. “Electricity rates are […] [...]

Fitch gives hospital bonds ‘negative’ outlook

by MBJ Staff Published: October 12,2012

Tags: bond, clinic, credit, debt, health, health care, hospital, medical, medicine, outlook, rate, rating

HATTIESBURG — Fitch Ratings has affirmed its “A” rating on the following bonds issued on behalf of Forrest County General Hospital (Forest Health) (MS): — $70,000,000 Mississippi Hospital Equipment and Facilities Authority revenue bonds, series 2010; — $43,265,000 Mississippi Hospital Equipment and Facilities Authority, series 2009. The Rating Outlook is revised to “negative” from “stable.” […] [...]

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