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Tag Archives: cooling

Utility's earnings take big hit during third quarter

NEW ORLEANS — Entergy Corporation reported third quarter 2012 as-reported earnings of $337.1 million, or $1.89 per share, compared with $628.1 million, or $3.53 per share, for third quarter 2011. On an operational basis, Entergy’s third quarter 2012 earnings were $347.7 million, or $1.95 per share, compared with $628.1 million, or $3.53 per share, in third quarter 2011. Entergy said ...

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PSC pondering change to rate-setting policy

JACKSON — Northern District Public Service Commissioner Brandon Presley reports the Mississippi Public Service Commission (PSC) has opened an inquiry into whether reduced borrowing costs for electric utility companies and other factors should translate into lower rates for customers. The PSC voted 3-0 to open the inquiry. Presley said current rates were set when interest rates were much higher and ...

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Gas utilities want regulators to approve previously unapproved rates

NORTH MISSISSIPPI — Six municipally owned natural gas utilities are asking state regulators to approve rates they’ve already been charging customers without approval. The Northeast Mississippi Daily Journal reports the requests have been filed with the Public Service Commission by utilities in Pontotoc, Batesville, Booneville, Holly Springs, New Albany and Walnut. Northern District Public Service Commissioner Brandon Presley said that ...

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PSC OKs utility's decrease in fuel cost recovery

GULFPORT — State regulators have approved Mississippi Power Co.’s proposed decrease in the amount it recovers in its annual fuel filing. Mississippi Power’s fuel costs are recovered from customers on a dollar-for-dollar basis. The company does not earn a profit on the fuel used to generate electricity. Public Service Commission chairman Leonard Bentz says Mississippi Power customers will see an ...

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