Posts Tagged ‘utility’

TVA launches initiative to study small power-producing sites

NORTH MISSISSIPPI — The Tennessee Valley Authority is studying the value of electricity produced from small, dispersed sites, such as solar, wind or small gas turbine installations. According to a news release from the utility, the initiative will develop methods to set the value of distributed generation to the electric grid and the value of […] [...]

Entergy wants PSC to approve overhaul of entire rate structure

JACKSON — Entergy Corp. officials tell The Associated Press they will ask Mississippi regulators to overhaul the power provider’s entire rate structure in a proposal that would generated an estimated $49 million increase in annual revenue. The rate overhaul would be the company’s first in 12 years. Entergy Mississippi CEO Haley Fisackerly tells The Associated […] [...]

Entergy bills to rise; PSC approves rate hike

JACKSON — Entergy Corp. customers in Mississippi will pay about 5 percent more over 2014’s second half, as the company recoups higher natural gas fuel costs. The increase was approved unanimously today by the Mississippi Public Service Commission. Electricity bills will go up by $5.58 a month, from July through December, for residential customers using […] [...]

EPA wants deep cut in state’s carbon emissions from power plants

WASHINGTON — The federal government is proposing that Mississippi’s carbon dioxide emissions from power plants be 38 percent lower by year 2030 compared to 2005. The U.S. Environmental Protection Agency announced specific targets for all states today as part of the Obama administration’s effort to reduce carbon dioxide emissions nationwide. Mississippi’s 2012 carbon emission rate […] [...]

NARUC lawsuit stops collections for Nuclear Waste Fund

JACKSON — Thanks to the work of state utility commissions, this year Mississippi ratepayers will have an estimated $3.7 million dollars in their pockets which would otherwise go to the federal government, says Public Service Commissioner Brandon Presley. As a result of a lawsuit brought by the National Association of Regulatory Utility Commissioners (NARUC), of […] [...]

Entergy crews working to rebuild tornado-damaged facilities

LITTLE ROCK, Ark. — More than 100 Entergy employees, along with more than 400 contractors, are working seven days a week to rebuild electrical facilities damaged during five distinct tornadoes on April 27, including the first twister of 2014 to earn a high-end rating of EF4, packing winds between 166-200 mph. While power has been […] [...]

Fitch Ratings taking no action due to Kemper plant delay

KEMPER COUNTY — Fitch Ratings is not taking any rating actions following the latest cost revisions and schedule extension for the Kemper integrated gasification combined cycle (IGCC) project. On April 28, Mississippi Power announced another revision on the scheduled in-service date for Kemper IGCC and a further increase in the construction costs. Further cost increases […] [...]

Southern Co. moves startup date for Kemper County plant

KEMPER COUNTY — The Southern Co. says the expected startup date of its coal gas-fired power plant in Kemper County is being pushed back to the first half of 2015. In a regulatory filing yesterday with the Securities and Exchange Commission, the company also says the plant’s cost is expected to rise by $196 million […] [...]

Louisville tornado believed to be EF4; state’s death toll grows to nine

ACROSS MISSISSIPPI — The National Weather Service says the tornado that hit the Louisville area last night has a preliminary rating of EF-4. Mike Edmonston, senior meteorologist at National Weather Service in Jackson, confirmed the rating today. An EF-4 rating means the tornado packed wind speeds of 170 to 190 mph. Reports are pending on […] [...]

Entergy’s earnings soar due to cold weather

NEW ORLEANS — Entergy Corporation saw first quarter 2014 as-reported earnings of $401.2 million, or $2.24 per share, compared with $161.4 million, or 90 cents per share, for first quarter 2013. On an operational basis, Entergy’s first quarter 2014 earnings were $410.1 million, or $2.29 per share, compared with $167.7 million, or 94 cents per […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments