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Tag Archives: utilities

Area Development Magazine ranks Mississippi as second in the nation for competitive utility rates

  JACKSON, Mississippi — Public Service Commissioner Brandon Presley announced today that Area Development, a national site selection publication, recently ranked Mississippi as second in the nation for competitive utility rates related to economic development and job growth. “I am proud that the economic development community around the country is taking note of the pro-jobs efforts of the Mississippi Public ...

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WILLOUGHBY: David Reynolds counts listening as key

People often think of effective leaders as “talkers.” While the ability to communicate is certainly important and leaders need to be able to share their vision with others, I believe it is equally important for leaders to be great “listeners.” I have heard it said, “We have two ears and only one mouth for a reason.” Great listeners are fully ...

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Topazi retiring as COO of Southern Company

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 Topazi, who has announced plans ...

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Louisiana PSC approves Entergy's bid to join MISO

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 in which approval has been ...

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PSC review of Pontotoc Gas System results in reduced bills

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 adjusted its rates annually according ...

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TVA: Lack of rainfall negatively imacting hydroelectric generation

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 boating and fishing. The upper ...

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TVA increasing its fuel adjustment charge in June

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 the federal utility to credit ...

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TVA to cut positions due to slumping sales, looming expenses

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 billion in revenue during the ...

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Entergy losses $151.7M in first quarter due to Vermont plant

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. In the year-ago first quarter, ...

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