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Posts Tagged ‘energy’

Topazi retiring as COO of Southern Company

ATLANTA — Southern Company chairman, president and CEO Thomas A. Fanning has made public a number of changes within the company’s management team, effective July 1, including the replacement for Anthony Topazi. According to Fanning, Mark A. Crosswhite will become executive vice president and COO for Southern Company. Crosswhite will assume the role vacated by [...] [...]

Louisiana PSC approves Entergy’s bid to join MISO

by MBJ Staff Published: May 25,2012

Tags: electricity, energy, power, state agency, state government, transmission, utilities

BATON ROUGE, La. — The Louisiana Public Service Commission has approved Entergy Louisiana, LLC’s and Entergy Gulf States Louisiana, LLC’s proposal to join a large regional transmission organization. The LPSC unanimously approved the joint application of the two companies to join the Midwest Independent Transmission System Operator Inc. or MISO. Louisiana is the first state [...] [...]

PSC review of Pontotoc Gas System results in reduced bills

by Associated Press Published: May 18,2012

Tags: energy, gas, natural gas, overcharging, raterpayers, state agency, utilities, utility bills

PONTOTOC — Customers of Pontotoc Gas System will see their bills drop after a Mississippi Public Service Commission review found them too high. Starting immediately, residential rates will decrease from $9.56 per million metric British thermal units (mmbtu) to $7.14 per mmbtu. The utility wasn’t intentionally overcharging customers, said Pontotoc Mayor Jeff Stafford. It had [...] [...]

TVA: Lack of rainfall negatively imacting hydroelectric generation

by MBJ Staff Published: May 17,2012

Tags: drought, electricity, energy, generation, hydroelectric, reservoirs, utilities, Weather

NORTH MISSISSIPPI — The Tennessee Valley Authority says a lack of rainfall has hydroelectric generation running 12 percent below normal. Hydro is TVA’s cheapest source of electricity, but accounts for only about 8 percent of the power the federal utility produces. The lower water level in the reservoirs might have more effect on recreation, including [...] [...]

TVA increasing its fuel adjustment charge in June

by Associated Press Published: May 15,2012

Tags: electiricty, energy, fuel adjustment, utilities, utility bills

NORTH MISSISSIPPI — The Tennessee Valley Authority is increasing its fuel adjustment charge by 0.7 percent in June. According to the Chattanooga (Tenn.) Times Free Press, a typical household power bill will rise 80 cents for the same amount of use. TVA spokesman Scott Brooks said the mild winter that was beneficial to customers allowed [...] [...]

Lower river allows Lexaria to begin early work on oil wells

by MBJ Staff Published: May 13,2012

Tags: energy, exploration, flooding, floods, fuel, gas, Oil, oil wells, petroleum, river, Weather

MISSISSIPPI DELTA — Lexaria Corp reports it has a rig is on-site at the Belmont Lake Oilfield near Clarksdale to perform workovers on the 12-1 and 12-3 wells. The Mississippi River has fallen below flood-stage earlier this spring than it has during the last several years, and as a result field access has already been [...] [...]

Entergy warns utility customers of billing scam

by Associated Press Published: May 11,2012

Tags: Barack Obama, energy, Entergy, Haley Fisackerly, Mississippi, Mississippi Business Journal

JACKSON — Entergy Corp. is warning utility customers not to fall for a scam where people claim President Barack Obama is providing credits or payments toward bills. The company says more than 2,000 customers, mainly in Louisiana but also in Texas, have been affected. No instances have been reported in Mississippi and Arkansas, but Entergy [...] [...]

TVA to cut positions due to slumping sales, looming expenses

by Associated Press Published: May 6,2012

Tags: electricity, employment, energy, expenses, jobs, layoffs, sales, unemployment, utilities, Weather, workers

NORTH MISSISSIPPI — The Tennessee Valley Authority will seek to cut less than 1,000 positions as it faces a drop in electricity sales driven by an unusually warm winter and looming expenses, including an over-budget effort to finish building a nuclear reactor in Tennessee. TVA officials reported that the electricity supplier brought in roughly $5.2 [...] [...]

Barbier schedules trial to hear non-class action claims

NEW ORLEANS — The federal judge who will decide whether to approve a class-action settlement of claims against BP PLC has scheduled a January 2013 trial for other claims spawned by the deadly blowout of the company’s deepwater well in the Gulf Mexico. After meeting yesterday behind closed doors with attorneys, U.S. District Judge Carl [...] [...]

Barbier gives preliminary approval to BP oil spill settlement

NEW ORLEANS — A federal judge yesterday preliminarily approved a proposed class-action settlement that would resolve billions of dollars in claims against BP over the 2010 oil spill in the Gulf of Mexico. U.S. District Judge Carl Barbier’s ruling allows the settlement process to proceed, but he will hold a “fairness hearing” on Nov. 8 [...] [...]

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