Mississippi Business Journal » utilities

WILLOUGHBY: David Reynolds counts listening as key

Martin Willoughby — Fri, 22 Mar 2013 19:09:25 +0000

People often think of effective leaders as “talkers.” While the ability to communicate is certainly important and leaders need to be able to share their vision with others, I believe it is equally important for leaders to be great “listeners.” I have heard it said, “We have two ears and only one mouth for a [...]

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Topazi retiring as COO of Southern Company

MBJ Staff — Fri, 25 May 2012 14:59:25 +0000

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 [...]

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Louisiana PSC approves Entergy’s bid to join MISO

MBJ Staff — Fri, 25 May 2012 12:28:40 +0000

BATON ROUGE, La. — The Louisiana Public Service Commission has approved Entergy Louisiana, LLC’s and Entergy Gulf States Louisiana, LLC’s proposal to join a large regional transmission organization. The LPSC unanimously approved the joint application of the two companies to join the Midwest Independent Transmission System Operator Inc. or MISO. Louisiana is the first state [...]

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PSC review of Pontotoc Gas System results in reduced bills

Associated Press — Fri, 18 May 2012 15:20:36 +0000

PONTOTOC — Customers of Pontotoc Gas System will see their bills drop after a Mississippi Public Service Commission review found them too high. Starting immediately, residential rates will decrease from $9.56 per million metric British thermal units (mmbtu) to $7.14 per mmbtu. The utility wasn’t intentionally overcharging customers, said Pontotoc Mayor Jeff Stafford. It had [...]

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TVA: Lack of rainfall negatively imacting hydroelectric generation

MBJ Staff — Thu, 17 May 2012 16:26:57 +0000

NORTH MISSISSIPPI — The Tennessee Valley Authority says a lack of rainfall has hydroelectric generation running 12 percent below normal. Hydro is TVA’s cheapest source of electricity, but accounts for only about 8 percent of the power the federal utility produces. The lower water level in the reservoirs might have more effect on recreation, including [...]

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TVA increasing its fuel adjustment charge in June

Associated Press — Tue, 15 May 2012 13:30:40 +0000

NORTH MISSISSIPPI — The Tennessee Valley Authority is increasing its fuel adjustment charge by 0.7 percent in June. According to the Chattanooga (Tenn.) Times Free Press, a typical household power bill will rise 80 cents for the same amount of use. TVA spokesman Scott Brooks said the mild winter that was beneficial to customers allowed [...]

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TVA to cut positions due to slumping sales, looming expenses

Associated Press — Sun, 06 May 2012 16:46:06 +0000

NORTH MISSISSIPPI — The Tennessee Valley Authority will seek to cut less than 1,000 positions as it faces a drop in electricity sales driven by an unusually warm winter and looming expenses, including an over-budget effort to finish building a nuclear reactor in Tennessee. TVA officials reported that the electricity supplier brought in roughly $5.2 [...]

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

Associated Press — Thu, 26 Apr 2012 22:33:46 +0000

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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Environmentalists back in court to fight Kemper coal plant

Associated Press — Thu, 26 Apr 2012 22:32:48 +0000

KEMPER COUNTY — Environmentalists have gone back to court with their continued opposition to construction of a coal power plant in east Mississippi. In the latest court filing in Harrison County Chancery Court, the Sierra Club of Mississippi wants the plant’s builder, Mississippi Power Co., to assume the risk of construction while the appeal proceeds. [...]

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PSC gives new approval to controversial Kemper power plant

Associated Press — Tue, 24 Apr 2012 20:15:25 +0000

KEMPER COUNTY — The Mississippi Public Service Commission has given new approval for Mississippi Power Co.’s coal-fired power plant in Kemper County, pushing aside opponents call for a fresh look at the plant’s finances. The commission voted 2-1 to approve the $2.4 billion plant today. Southern District Commissioner Leonard Bentz and Central District Commissioner Lynn [...]

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