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Tag Archives: Entergy

Entergy 2Q profit tops Street, lifts 2016 profit outlook

Entergy

Entergy’s second-quarter profit easily topped Wall Street’s view, and the power company raised its full-year earnings forecast. Entergy’s net income attributable to the company was $567.3 million, or $3.16 per share, for the period ended June 30. A year earlier net income attributable to the company was $148.8 million, or 83 cents per share. Earnings, adjusted for one-time gains, were ...

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Entergy New Orleans seeks to build plant at Michoud site

natural gas

Entergy New Orleans has proposed building a $216 million natural gas-burning power plant in New Orleans East that will provide power during peak demand periods and post-storm repairs. The New Orleans Advocate reports the company applied to the City Council on Monday for approval to build the 226-megawatt plant at the site of its 1960s-era Michoud power plant. Entergy deactivated ...

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Entergy unveils $1 million educational initiative

Entergy

MBJ staff Entergy Mississippi announced on Thursday its People Power Initiative , an investment of more than $1 million from shareholders to help prepare the state’s work force and raise its competitive level to attract business and industry. Unveiled at the Mississippi Economic Council’s annual meeting, it comes on the heels of a $75,000 commitment parent Entergy Corp. made to ...

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Entergy officials say Brookhaven solar station complete

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BROOKHAVEN — Entergy Mississippi officials have announced the completion of its Brookhaven solar station. The Daily Leader reports Entergy Customer Accounts Manager Bill Howard recently said that the Bright Future Solar Project Brookhaven station was complete and online and producing electricity. A dedication ceremony will be held April 14. The station will be used to harness the sun’s energy to ...

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3 join Main Street board

Three new members have been elected to the Mississippi Main Street Association Board of Directors. Ed Gardner, Jr., Director of Business and Economic Development of Entergy in Jackson and Keith A. Williams, Mississippi Regional President of Hancock Bank in Gulfport have both been elected to the state board. Also, Jennifer Gregory, Chief Executive Officer of the Greater Starkville Development Partnership ...

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Update: Five years in the making: PSC adopts net-metering rule

net-metering

By JACK WEATHERLY The Mississippi Public Service Commission took its time – five years – to develop and adopt a rule for “net metering,” which will allow homeowners and businesses to produce their own power and sell it to electric utilities. The agency established a docket in 2010, commissioned an independent study and filed it in September of 2014, on ...

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Natural gas rates keep falling; Entergy lowers rates

natural gas

JACKSON — Only months after Entergy Mississippi customers got a break on electricity bills because of falling natural gas prices, they’re likely to get another. Pending approval by the Public Service Commission, the unit of New Orleans-based Entergy Corp. expects to collect $75 million less in 2016 to pay for natural gas. For residential customers who use 1,000 kilowatts of electricity ...

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Lower than predicted natural gas prices means Entergy Mississippi users to get bill credits for 6 months

Entergy

JACKSON — Entergy Mississippi customers will get a refund over the next six months thanks to lower natural gas prices. The Mississippi Public Service Commission on Thursday approved a plan for Entergy to issue $46 million in bill credits to customers beginning in September and ending in February. A residential customer using 1,000 kilowatt hours of electricity per month will ...

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DAVID DALLAS — Mississippi sunshine and the perfect storm

DeSotoSolarPanels

The perfect solar storm is hitting Mississippi. One that could have us all dancing and singing that Brady Bunch song, “Sunshine Day.” More solar panel manufacturing jobs have come to our state. Entergy Mississippi has developed a pilot project to collect better data for more efficient solar energy for its consumers. And our Public Service Commission is set to approve net ...

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Mississippi, other states score victory in challenge to EPA rule

The Supreme Court said the Environmental Protection Agency needs to weigh the economic impact of proposed regulations on power companies and their customers. (Matt Brown / Associated Press)

By JACK WEATHERLY Mississippi is one of 23 states that succeeded in convincing the U.S. Supreme Court that cost of compliance — estimated at $9.6 billion a year — for coal-fired power plants should have been considered by the Environmental Protection Agency in imposing limits on mercury and other air toxins under the Clean Air Act. While the 5-4 decision ...

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