Posts Tagged ‘rate’

PSC pondering change to rate-setting policy

by MBJ Staff Published: August 8,2012

Tags: bill, cool, cooling, elevtricity, energy, heat, heating, interest rate, natural gas, rate, ratepayer, state agency, utility

JACKSON — Northern District Public Service Commissioner Brandon Presley reports the Mississippi Public Service Commission (PSC) has opened an inquiry into whether reduced borrowing costs for electric utility companies and other factors should translate into lower rates for customers. The PSC voted 3-0 to open the inquiry. Presley said current rates were set when interest [...] [...]

Mississippi Power appealing PSC’s rate increase rejection

GULFPORT — Mississippi Power Co. asked the state Supreme Court yesterday to overturn regulators’ rejection of a rate increase. And while that appeal is going on, the company wants the high court to allow it collect the additional $55 million from customers. The unit of Atlanta-based Southern Co. would have to refund the money if [...] [...]

Utility Authority seeking input from officials on proposed rate increase

HERNANDO — The DeSoto County Regional Utility Authority is asking officials in Southaven, Olive Branch, Hernando, Horn Lake and Walls to comment on a proposed rate increase. The Commercial Appeal reports the proposal calls for a 20-cent rate hike to help cover an increase of about $511,000, tied to operating costs and construction, over this [...] [...]

PSC votes unanimously to deny Mississippi Power’s proposed rate hike

by Clay Chandler Published: June 22,2012

Tags: electricity, energy, power, power bill, rate, rate hike, rate increase, ratepayer, state agency, utility, utility bill

Public Service Commissioners voted 3-0 Friday morning to deny a rate increase proposed by Mississippi Power Co. for the Kemper County coal plant. The company had asked for a 13 percent rate increase that would have lasted until the end of 2012. In their denial, commissioners said they would not consider rate increases associated with [...] [...]

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 [...] [...]

Gas utilities want regulators to approve previously unapproved rates

by Associated Press Published: June 22,2012

Tags: cooling, energy, heating, natural gas, rate, ratepayer, regulation, regulator, utility

NORTH MISSISSIPPI — Six municipally owned natural gas utilities are asking state regulators to approve rates they’ve already been charging customers without approval. The Northeast Mississippi Daily Journal reports the requests have been filed with the Public Service Commission by utilities in Pontotoc, Batesville, Booneville, Holly Springs, New Albany and Walnut. Northern District Public Service [...] [...]

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 [...] [...]

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