Home » Tag Archives: power (page 4)

Tag Archives: power

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 which the Mississippi Public Service ...

Read More »

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 restored to all customers who ...

Read More »

Denault: Future is bright for Coast, natural gas

One utility executive sees an opportunity along the Gulf Coast, and believes his company is going to ride that wave perhaps for an entire decade. Entergy Corp. CEO Leo Denault is predicting above-average growth in the next five to 10 years, thanks to an industrial boom along the Gulf Coast powered by low natural gas prices. “We see a growing ...

Read More »

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 and/or schedule extensions cannot be ...

Read More »

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 to a total of about ...

Read More »

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 the tornado that struck the ...

Read More »

Kemper County power plant hearing postponed

The question of who should foot the bill for a new and controversial power plant is on hold. Upcoming hearings on whether Mississippi Power Co. should be able to get customers to pay for its Kemper County power plant have been postponed. The Mississippi Public Service Commission yesterday delayed prudency hearings from May 19 until at least August. Those hearings ...

Read More »

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 share, in first quarter 2013. ...

Read More »

School system gets check from TVA for energy efficiency

OXFORD — Energy-efficiency efforts by the Oxford School District will put $44,439.60 back into school classrooms, where Superintendent Brian Harvey says it belongs. The Tennessee Valley Authority (TVA) recently presented school district officials with a check for energy-efficiency improvements made over the past year, specifically for energy saving costs related to the construction of the new Oxford High School building. ...

Read More »

Communities vie for TVA sustainability designation

STARKVILLE and TUPELO — Thirteen communities in the Southeast are hoping to be designated as sustainable communities by the Tennessee Valley Authority. TVA designated 13 locations as Valley Sustainable Communities last year and says 13 more are about to begin the review process. TVA executive John Bradley says the idea is to help communities be prepared when companies look for ...

Read More »