Posts Tagged ‘utility’

Entergy expects drop in quarterly as-reported earnings compared to last year

NEW ORLEANS — Entergy Corporation expects third quarter 2014 as-reported earnings of approximately $1.26 per share and operational earnings of approximately $1.67 per share. Results for third quarter 2013 were $1.34 per share on an as-reported basis and $2.41 per share on an operational basis. The Utility posted another quarter-over-quarter of industrial sales growth, led […] [...]

USM reports $10M-plus in savings from energy-efficiency efforts

HATTIESBURG — The University of Southern Mississippi has undertaken significant changes in energy consumption and efficiency that have resulted in a savings of more than $10 million since 2009, according to USM. Facilities across the Hattiesburg campus — including those designated for academics, athletics, residence life and dining — continue to be examined to determine […] [...]

PSC approves rate hike for Mississippi River Gas

FLOWOOD — Natural gas rates are going up for customers of Mississippi River Gas, LLC. The Flowood-based company serves almost 3,300 customers around Port Gibson, Fayette, Bogue Chitto, Tchula and Natchez. The Mississippi Public Service Commission approved the rate increases earlier this month. Customers will now have to pay a basic charge of $9 a […] [...]

TVA lowering Pickwick reservoir to inspect dam due to earthquake concerns

NORTHEAST MISSISSIPPI — The Tennessee Valley Authority is lowering the water level at Pickwick Landing Reservoir to test the soundness of the dam there. According to the utility, a recent dam inspection showed the possibility that an earthen portion of the dam could be damaged by a large earthquake. The reservoir is located about 120 […] [...]

PSC approves waiver of utility deposits for domestic violence victims

JACKSON — Mississippi regulators have approved a plan to let victims of domestic violence delay paying utility deposits for 60 days as a way to help victims move away from abusers even if they don’t have enough money to pay deposits. The Public Service Commission voted 3-0 yesterday to approve the waiver, a month after […] [...]

TVA retiring coal-fired power plant; to build gas-burning facility

MEMPHIS, Tenn. — The Tennessee Valley Authority board of directors today approved replacing the Allen Fossil Plant in Memphis, Tennessee, with a natural gas plant. Following an environmental review that received comments from more than 1,500 people, the board agreed to retire the 55-year-old coal plant and replace it with a 2-on-1, combined-cycle gas plant. […] [...]

TVA cutting 2,000-plus jobs in massive cost-saving effort

CHATTANOOGA, Tenn. — The nation’s largest public utility is eliminating more than 2,000 jobs as part of a $500 million cost-cutting campaign. The Chattanooga Times Free Press reports the Tennessee Valley Authority is making the cuts this year to pare expenses and make electric rates in the Tennessee Valley more competitive with neighboring utilities. Most […] [...]

Water utilities balk at free hook-ups for domestic abuse victims; Presley offended

JACKSON — Water utilities said yesterday that the Mississippi Public Service Commission doesn’t have the power to force them to allow victims of domestic abuse to hook up utilities without immediately paying deposits. And some representatives said it wasn’t a good idea anyway, saying the commission was singling out “a special group” that could cause […] [...]

Mississippi Power, Sierra Club reach settlement in Kemper plant case

KEMPER COUNTY — Mississippi Power will convert from coal to natural gas or retire several units at plants in south Mississippi and Greene County, Alabama, as part of an agreement to end litigation over construction of a coal-fired power plant in Kemper County. The company and the Sierra Club announced yesterday that they are ending […] [...]

Alabama Power closing two coal units, blames federal regulations

Alabama Power Co. says federal regulations are forcing it to close two coal-fired units at its Walker County power plant and to cease using coal at others, according to a story from the Birmingham Business Journal. The Birmingham-based utility said it will close two coal-fired units at Plant Gorgas in Walker County and work toward […] [...]

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