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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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 26,2012
Tags: bench, coal, construction, courts, electricity, energy, environment, environmentalists, environmernt, judges, judicial, judiciary, lawsuit, natural gas, Power plant, utilities
KEMPER COUNTY — Environmentalists have gone back to court with their continued opposition to construction of a coal power plant in east Mississippi. In the latest court filing in Harrison County Chancery Court, the Sierra Club of Mississippi wants the plant’s builder, Mississippi Power Co., to assume the risk of construction while the appeal proceeds. [...] [...]
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 [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority says the revised total cost to complete Unit 2 at Watts Bar Nuclear Plant in Spring City, Tenn., is up to $4.5 billion. The earlier estimate in 2007 had been $2.49 billion. The federal utility, in a statement yesterday, blamed the increase on poor previous estimates and that [...] [...]
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