by MBJ Staff Published: May 25,2012
Tags: chief operating officer, electricity, energy, executive, power distribution, power generation, powerr, retirement, retiring, senior management, utilities
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 [...] [...]
by Associated Press Published: April 26,2012
Tags: accounting, electricity, energy, loss, net loss, nuclear, plant, power, power distribution, power generation, publicly traded company, utilities
NEW ORLEANS — Power provider Entergy Corp. posted a first-quarter loss after taking an accounting loss on its Vermont Yankee nuclear plant and expenses from the pending spinoff of its electric transmission business. For the January-through-March period, New Orleans-based Entergy said it lost $151.7 million, or 86 cents per share, on revenue of $2.38 billion. [...] [...]
by Associated Press Published: April 24,2012
Tags: coal, construction, electricity, energy, environment, habitat, power, power distribution, power generation, state agency, utilities, wildlife
KEMPER COUNTY — The Mississippi Public Service Commission has given new approval for Mississippi Power Co.’s coal-fired power plant in Kemper County, pushing aside opponents call for a fresh look at the plant’s finances. The commission voted 2-1 to approve the $2.4 billion plant today. Southern District Commissioner Leonard Bentz and Central District Commissioner Lynn [...] [...]
by Associated Press Published: March 26,2012
Tags: compensation, electricity, energy, managers, pay, power, power distribution, power generation, salary, utilities
NORTH MISSISSIPPI — Top managers at the Tennessee Valley Authority now make more than members of Congress, who are paid $174,000 annually. The Chattanooga Times Free Press reports TVA is paying out nearly $30 million a year more for 155 of its top leaders since Congress removed salary limits at the federal utility in 2004. [...] [...]
by MBJ Staff Published: March 7,2012
Tags: computers, electricity, energy, hardware, Internet, power, power distribution, power generation, smart meters, software, technology, telecommunications, utilities
JACKSON — SmartSynch has unveiled the team that will help provide the advanced metering system that will form the foundation of a grid and meter modernization program for Consumers Energy’s 1.8 million electric customers in Michigan. Members of the team include GE Energy, who will provide the meter hardware, and Grid Net, who will provide [...] [...]
JACKSON — Entergy Mississippi has requested to postpone the installation of the new Northpark 115-kilovolt transmission line in the vicinity of the I-55/I-220 interchange in Ridgeland indefinitely. The work was scheduled for March 4 on I-220 between Hanging Moss Road and I-55. Entergy cited a permitting problem as the reason for the delay, and is [...] [...]
by Associated Press Published: February 23,2012
Tags: angling, boating, electricity, energy, fees, fishing, marinas, outdoors, power, power distribution, power generation, recreation, utilities, water
NORTH MISSISSIPPI — The Tennessee Valley Authority is preparing to roll out new fees for shoreline marinas across the seven-state region. Some smaller operators say it could be the death knell of their businesses. But TVA says these are private operators making money from public land and a restructuring of fees has been in order [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority expects to pay about $7 million more in fees in lieu of taxes to the state of Mississippi in fiscal year 2012 versus the past fiscal year. Federal government-owned corporations like TVA pay fees to states where they operate in lieu of state property taxes. TVA spokesman Mike [...] [...]
CHATTANOOGA, Tenn. — Mistakes by construction workers at the Tennessee Valley Authority’s Watts Bar reactor project have idled about 1,000 workers temporarily for a safety talk. TVA ordered the unpaid safety work stoppage at the reactor project between Chattanooga and Knoxville in response to finding cables being erroneously removed from the plant’s operating Unit 1 [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority’s monthly fuel cost will drop between $2 and $4.50 in February billings for average residential customers due to mild weather. The Knoxville-based utility said for billing periods beginning Feb. 1, the total monthly fuel cost would decrease from the current 2.251 cents per kilowatt-hour to 1.996 cents per [...] [...]
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