by Associated Press Published: February 23,2012
Tags: angling, boating, electricity, energy, fees, fishing, marinas, outdoors, power, power distribution, power generation, recreation, utilities, water
NORTH MISSISSIPPI — The Tennessee Valley Authority is preparing to roll out new fees for shoreline marinas across the seven-state region. Some smaller operators say it could be the death knell of their businesses. But TVA says these are private operators making money from public land and a restructuring of fees has been in order [...] [...]
NORTH MISSISSIPPI — The second nuclear reactor at TVA’s Watts Bar Nuclear Plant will not be completed on schedule and will be over budget. Tennessee Valley Authority president and CEO Tom Kilgore updated the government utility’s board yesterday during a meeting in Chattanooga, Tenn. Kilgore said Watts Bar Unit 2 in Spring City, Tenn., would [...] [...]
by MBJ Staff Published: February 16,2012
Tags: acquisitions, computers, electricity, energy, hardware, Internet, mergers, power, smart grid, software, telecommunications, utilities
JACKSON — Itron Inc. of Liberty Lake, Wash., has signed an agreement to acquire SmartSynch Inc. in a transaction valued at $100 million. The parties said they expect the transaction to close in the second quarter of 2012. “SmartSynch is a compelling strategic acquisition that strengthens our position in the industry and with our energy [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority expects to pay about $7 million more in fees in lieu of taxes to the state of Mississippi in fiscal year 2012 versus the past fiscal year. Federal government-owned corporations like TVA pay fees to states where they operate in lieu of state property taxes. TVA spokesman Mike [...] [...]
by MBJ Staff Published: February 12,2012
Tags: energy, Entergy Corporation, Entergy Mississippi, Gary Taylor, GE Industrial Systems, Harvard Business School, Marcus Brown, Robert Sloan, Rod West, Southern University Law Center, utilities
Gary Taylor, group president of utility operations at Entergy Corporation, will be retiring from the company May 31. Taylor will continue to lead utility operations with a transition period to his successor, who will be named at a later date. In addition, Robert (Bob) Sloan, executive vice president and general counsel, announced his decision to [...] [...]
ACROSS MISSISSIPPI — CenterPoint Energy is decreasing the purchased gas adjustment (PGA) portion of Mississippi customers’ natural gas bills beginning this month. The adjustment will lower a Mississippi residential winter gas bill using 100 Ccf (hundred cubic feet) of natural gas by 19 percent. This means a bill that was $79.36 in January will be [...] [...]
by MBJ Staff Published: February 8,2012
Tags: banking, Banks, colleges, consumer confidence, economy, education, electricity, energy, financial institutions, higher education, power, universities, utilities
STARKVILLE — Mississippians’ optimism about the economy jumped 10 percent from the third to fourth quarter of 2011, according to the latest Mississippi Index of Consumer Sentiment featured in the current edition of “Economy Watch.” Based at Mississippi State University’s College of Business, “Economy Watch” is published in cooperation with BankPlus and Entergy. More than [...] [...]
NORTH MISSISSIPPI — Milder weather than last year in the Tennessee Valley Authority’s service region drove sales of electricity down 5 percent for the three-month period ended Dec. 31, 2011, compared with the same period last year, TVA said in its quarterly report to the Securities and Exchange Commission. The lower-than-expected sales and resulting lower revenue [...] [...]
PORT GIBSON — The Nuclear Regulatory Commission has opened a public comment period on Grand Gulf Nuclear Station’s license to operate for another 20 years. The Vicksburg Post reports the NRC is in the middle of a 22-month review of the renewal application. Entergy Nuclear filed the application last November. That started a multistep process [...] [...]
by Associated Press Published: January 31,2012
Tags: environment, ground water, pollution, regulations, rural, state government, utilities, water, water associations, wildlife
JACKSON — The Mississippi Department of Environmental Quality has decided against enforcing proposed amendments to state ground water regulations. “We held a public hearing about the proposed regulations and listened carefully to the concerns of those in attendance. We are not moving forward with the proposed regulations,” MDEQ spokesman Robbie Wilbur in a statement. The [...] [...]
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