Mississippi Business Journal » rate

Cooperative raising rates due to Kemper plant costs

Associated Press — Thu, 18 Apr 2013 16:41:20 +0000

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 [...]

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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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Commissioners approve second part of Entergy’s rate increase

Associated Press — Tue, 08 Jan 2013 19:33:27 +0000

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 [...]

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BauerFinancial gives Hancock Bank five stars — again

MBJ Staff — Thu, 03 Jan 2013 16:48:35 +0000

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 [...]

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Entergy raising rates; cites storm, fuel costs, acquisitions

MBJ Staff — Thu, 20 Dec 2012 12:54:58 +0000

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 [...]

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Fitch gives hospital bonds ‘negative’ outlook

MBJ Staff — Fri, 12 Oct 2012 11:27:23 +0000

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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Pine Belt city raises rates for third straight year, but not taxes

Associated Press — Thu, 04 Oct 2012 12:52:52 +0000

LAUREL — Residents in Laurel will see an increase in their water, sewer, and garbage rates effective Nov. 1. WDAM TV reports the Laurel City Council voted 5-1 in favor of increasing rates for the third straight year. City officials say the rate increase will go to helping repair the city’s dilapidated water sewer system. [...]

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Court denies AG’s motion to remand Entergy case to Chancery

MBJ Staff — Mon, 27 Aug 2012 13:03:32 +0000

JACKSON — The U.S. District Court for the Southern District of Mississippi has denied the state attorney general’s motion to remand a lawsuit against Entergy Mississippi Inc. and other Entergy companies to state Chancery Court, according to Entergy. Under the ruling, the lawsuit will continue to be addressed by the U.S. District Court. “We’re pleased [...]

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TVA board meets — Kilgore retiring and rates to stay steady

Associated Press — Fri, 17 Aug 2012 13:08:41 +0000

NORTH MISSISSIPPI — Tennessee Valley Authority president Tom Kilgore is retiring. TVA announced that the board of directors has a process underway to recommend a new president and CEO. Kilgore announced his retirement at the end of the meeting. He will serve as the head of the federal utility until a successor is hired. Kilgore [...]

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Ratepayers watching closely as TV board meets to craft budget

Associated Press — Thu, 16 Aug 2012 16:05:19 +0000

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 [...]

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