Posts Tagged ‘utility’

BBB issues alert involving Mississippi Power scam

ACROSS MISSISSIPPI — The Mississippi chapter of the Better Business Bureau (BBB) BBB is warning of a utility scam targeting Mississippi Power customers. John O’Hara, president and CEO of BBB Mississippi, reports that these type of scams will move from utility company to utility company and spread throughout our state. These scams will also move […] [...]

Entergy reports decreased profit; gives 2014 forecast

NEW ORLEANS — Entergy Corp. said day that its third-quarter profit fell 29 percent on higher costs, and it gave a 2014 forecast with midpoint below analysts’ expectations. Shares of the power generating and distribution company fell $2.05, or 3 percent, to close at $66.06. Net income fell to $239.9 million, or $1.34 per share, […] [...]

Presley wants waiver on utility deposits for domestic violence victims

JACKSON — Public Service Commissioner Brandon Presley is proposing a 60-day waiver on utility deposits for victims of domestic abuse. Presley, who represents Mississippi’s Northern District on the three-member PSC, said the measure is intended to provide financial relief that would make it easier to get out of dangerous situations. The measure is modeled after […] [...]

PSC asking for more information on Kemper coal plant

KEMPER COUNTY — Regulators say Mississippi Power Co. needs to submit more evidence that it has spent money prudently on the power plant it’s building in Kemper County. The state Public Service Commission voted 3-0 yesterday to require more information from Mississippi Power on the $4.75 billion it is spending to build the coal-fueled power […] [...]

TVA recovers $42M toward $1B ash spill cleanup

NORTHEAST MISSISSIPPI — About $42 million has been recovered in the last week by the Tennessee Valley Authority to help pay for more than $1 billion in expenses stemming from the cleanup at the 2008 ash spill at the Kingston Fossil Plant in Tennessee. The latest payment comes after an arbitrator ruled that one of […] [...]

TVA saw record year for hydroelectric power generation

NORTH MISSISSIPPI — The Tennessee Valley Authority says fiscal 2013 was a record year for hydroelectric power generation. During the year ended Monday, TVA’s 29 hydroelectric dams provided 18.5 million megawatt-hours of energy. That’s enough electricity to serve more than 1.2 million homes in TVA’s seven-state region. TVA attributes the record to above-average precipitation. Rainfall […] [...]

Kemper plant will not meet construction schedule

KEMPER COUNTY — Mississippi Power Co. says its Kemper County power plant won’t be finished by the original May 2014 deadline, but will start service sometime later that year. The unit of Atlanta-based Southern Co. will have to repay $133 million in federal tax credits it received with the condition of meeting the May deadline. […] [...]

Entergy-ITC merger back on after refiling in Texas

NEW ORLEANS — Entergy Corp. and ITC Holdings Corp. have refiled their merger application in Texas, indicating the companies believe they can go forward without restructuring their overall merger agreement. The companies are pushing for Texas to make a decision by Dec. 19, and say they will ask regulators in other states to restart consideration. […] [...]

Gas utility to build pipelines to industrial parks

EAST MISSISSIPPI — Atmos Energy will begin construction of 23 miles of natural gas pipelines next year to three industrial parks in East Mississippi. The company and Central District Public Service Commissioner Lynn Posey made the announcement yesterday in Meridian. The three industrial sites that will receive the pipeline service are the Sonny Montgomery Industrial […] [...]

Utility Authority gives nod to nearly $7M budget

HERNANDO — The DeSoto County Regional Utility Authority board has approved a $6.68 million budget for the fiscal year that begins Oct. 1. Under the blueprint, Olive Branch, Southaven, Horn Lake, Hernando and Walls will be charged $3.19 per 1,000 gallons of treated wastewater, a 34-cent increase from the fiscal 2013 rate of 2.85. The […] [...]

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