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Tag Archives: rates

Entergy Mississippi: Utility bills to decrease more than expected

JACKSON — Customers of Entergy Mississippi Inc. will see their rates drop more than previously announced through April, May and June, according to the utility. Haley Fisackerly, president and CEO for Entergy Mississippi, said, “With a continuation of low natural gas prices combined by efficient operations of our system by our employees we are able to lower bills even more ...

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Taxi companies lobbying councilmen for rate hike

JACKSON — The Jackson City Council has scheduled a public hearing on whether taxicab fares should be increased by $1 per mile. The Clarion-Ledger reports taxicab companies have lobbied the council in recent months for the hike. They say higher gas prices make it difficult to operate at the current $2 per mile allowed by city law. The hearing is ...

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Mississippi Power files rate reduction plan with PSC

GULFPORT — At the request of Public Service Commissioner Leonard Bentz, Mississippi Power Company has filed a rate reduction incentive plan that includes rate reduction incentives for new businesses as well as incentives for existing businesses. In August, Bentz passed a plan aimed at helping to encourage the development of new small businesses with the requirement that utility companies also ...

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TVA to complete nuclear reactor, raising rates

NORTH MISSISSIPPI — The Tennessee Valley Authority board voted unanimously yesterday to finish construction of the 37-year-old Bellefonte nuclear plant in Northeast Alabama and to increase rates for average residential customers by $1.60 a month in October. The nine board members took both votes — first on the plant and later on the rate increase — at a daylong meeting ...

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Lower reinsurance prices not resulting in lower premiums

Many insurance companies using discounted reinsurance rates to increase exposure to risks Insurance companies in the United States have been acquiring reinsurance at bargain prices the last few years, giving themselves a hedge against claims from a catastrophic event. So why haven’t policyholders seen a decline in premiums? Because price is but one element of the cost of providing insurance coverage, ...

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