Posts Tagged ‘utility’

Entergy assess cost of Christmas Day ice storm

by MBJ Staff Published: January 28,2013

Tags: COST, disaster, disaster recovery, electricity, ice, poll, power, power line, power outage, snow, storm, utility, Weather

LITTLE ROCK, Ark. — Entergy Arkansas has compiled preliminary damage estimates following the Christmas Day ice storm that gripped Central Arkansas and left more than 194,000 customers without power and caused extensive damage due to ice, snow and high wind. Total restoration costs for the repair and/or replacement of Entergy Arkansas’ electrical facilities in areas [...] [...]

Entergy expects quarterly earnings to rise significantly

by MBJ Staff Published: January 23,2013

Tags: earnings, electricity, energy, financial statement, income, power, publicly traded company, utility

NEW ORLEANS — Entergy Corporation expects fourth quarter 2012 as-reported earnings of approximately $1.65 per share and operational earnings of approximately $1.71 per share. Results for fourth quarter 2011 were $0.87 per share on an as-reported basis and $0.94 per share on an operational basis. Entergy also affirmed previously issued operational earnings guidance for 2013. [...] [...]

Entergy in court in Vermont over nuclear plant

by Associated Press Published: January 14,2013

Tags: appeal, court, distribution, electricity, energy, generation, judge, justice, law, legal, nuclear energy, power, regulator, state government, utility

JACKSON — The question of whether Vermont’s only nuclear plant can continue operating without the approval of state regulators goes before a federal appeals court today in a dispute that has gained increasing attention nationally about the boundaries of federal authority over a controversial power source. Entergy Nuclear Operations Inc. brought the issue to court. [...] [...]

Refueling of nuclear reactor completed ahead of schedule

by Associated Press Published: January 11,2013

Tags: cooperative, electricity, energy, nuclear, nuclear power, power, Power plant, reactor, refueling, utility

NORTH MISSISSIPPI — The Tennessee Valley Authority has refueled its Unit 2 reactor at the Sequoyah Nuclear Plant ahead of schedule. In a statement, TVA also said the refueling came in under budget. The reactor at the plant in Soddy-Daisy, Tenn., near Chattanooga, Tenn., was scheduled to be down for 90 days when the planned [...] [...]

Entergy earns another EEI award for disaster response

NEW ORLEANS — The Edison Electric Institute has again honored Entergy Corporation with the association’s 2012 Emergency Recovery Award and Emergency Assistance Award, this time for the utility’s work restoring power to its own customers following Hurricane Isaac and to customers of other utilities after Hurricane Sandy and last June’s derecho weather event. This is [...] [...]

More big equipment headed for Kemper power plant

by MBJ Staff Published: January 4,2013

Tags: coal, electricity, energy, equipment, generation, highway, power, traffic, transportation, travel, utility

ACROSS MISSISSIPPI — Another large piece of equipment will be moved next week to Mississippi Power Co.’s coal-powered power plant under construction in Kemper County. According to the Mississippi Department of Transportation (MDOT), on Jan. 9, a group of four wide loads will begin leaving Big Bee Valley in Noxubee County for the Kemper County [...] [...]

Fitch Ratings gives TVA bonds ‘negative’ outlook

NORTH MISSISSIPPI — Fitch Ratings has assigned an “AAA” rating to the $1-billion 2012 series B Tennessee Valley Authority (TVA) global power bonds. The bonds were priced Dec. 18, 2012. Proceeds from the 2012 series B bonds will be primarily used to refinance outstanding debt. In addition Fitch awarded a parity global power bond rating [...] [...]

Entergy raising rates; cites storm, fuel costs, acquisitions

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 [...] [...]

MISO board approves Entergy, SMEPA as new members

by MBJ Staff Published: December 17,2012

Tags: board of directors, cooperative, electricity, energy, member, power, regionalism, transmission, utility

HATTIESBURG and JACKSON — MISO’s board of directors has approved seven new transmission-owning members, as well as a new transmission-planning portfolio. The additions include six Entergy utility operating companies, including Entergy Mississippi in Jackson, along with Hattiesburg-based South Mississippi Electric Power Association (SMEPA). Full integration of Entergy and SMEPA is planned for December 2013. [...]

Utilities extend incentive plan to small businesses

by MBJ Staff Published: December 12,2012

Tags: agency, electricity, energy, entrepreneur, entrepreneurship, natural gas, power, small business, state, utility

JACKSON — Electric and natural gas utility companies doing business in Mississippi have submitted extensions of their Small Business Rate Incentive Plans, according to a release from Public Service Commissioner Leonard Bentz. Bentz originally put these plans into place in 2011. Incentive plans filed by Mississippi Power Company, Entergy Mississippi, Atmos Energy Corporation, CenterPoint Energy [...] [...]

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