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Tag Archives: utilities

Mild weather impacts TVA's sales, earnings

NORTH MISSISSIPPI — Milder weather than last year in the Tennessee Valley Authority’s service region drove sales of electricity down 5 percent for the three-month period ended Dec. 31, 2011, compared with the same period last year, TVA said in its quarterly report to the Securities and Exchange Commission. The lower-than-expected sales and resulting lower revenue is causing TVA to revisit ...

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Entergy Nuclear applying for license renewal for Grand Gulf

PORT GIBSON  — The Nuclear Regulatory Commission has opened a public comment period on Grand Gulf Nuclear Station’s license to operate for another 20 years. The Vicksburg Post reports the NRC is in the middle of a 22-month review of the renewal application. Entergy Nuclear filed the application last November. That started a multistep process expected to culminate in September ...

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MDEQ decides against controversial ground water regulations

JACKSON — The Mississippi Department of Environmental Quality has decided against enforcing proposed amendments to state ground water regulations. “We held a public hearing about the proposed regulations and listened carefully to the concerns of those in attendance. We are not moving forward with the proposed regulations,” MDEQ spokesman Robbie Wilbur in a statement. The new regulations had been opposed ...

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Nearly 100 water associations miss PSC's reporting deadline

NORTH MISSISSIPPI — Northern District Public Service Commissioner Brandon Presley says 92 water associations in North Mississippi have failed to meet a Jan. 18 deadline for submitting a copy of their corporate by-laws to the PSC. Presley gave the 92 associations until Jan. 27 at 5 p.m. to submit by-laws or face subpoenas for records. Presley’s office has been collecting ...

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Construction mistakes halt TVA's nuclear reactor project

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 reactor in December and discovering ...

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TVA's monthly fuel cost will drop in February

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 kilowatt-hour. That represents a 3.5 ...

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SmartSynch opens offices in California, China

JACKSON — SmartSynch has opened offices in Silicon Valley, Calif., and Shenzhen, China. The expansion is the result of a record growth year for the company in 2011. SmartSynch’s headquarters in Jackson currently houses more than 100 employees. The company has already hired 10 new employees for the Silicon Valley office, with significant growth anticipated in the coming months. The ...

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PSC OKs utility's decrease in fuel cost recovery

GULFPORT — State regulators have approved Mississippi Power Co.’s proposed decrease in the amount it recovers in its annual fuel filing. Mississippi Power’s fuel costs are recovered from customers on a dollar-for-dollar basis. The company does not earn a profit on the fuel used to generate electricity. Public Service Commission chairman Leonard Bentz says Mississippi Power customers will see an ...

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Under-billing of factory costs utility $350K

GREENWOOD — Greenwood Utilities has taken a $350,000 hit after under-billing a local furniture factory for 15 years before the mistake was caught. The Greenwood Commonwealth reports it received the details of under-billing after filing a public records request. The newspaper said the city-owned facility last March notified the John-Richard furniture factory that its account had been set up incorrectly ...

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Entergy completes purchase of Rhode Island facility

NEW ORLEANS — Entergy Corporation’s Entergy Wholesale Commodities business segment has completed the previously announced purchase of the Rhode Island State Energy Center (RISEC), an approximately 583-megawatt power plant located in Johnston, R.I., from subsidiaries of NextEra Energy Inc. for approximately $346 million, subject to customary closing adjustments. The facility is a Siemens natural gas-fired combined-cycle generating plant that entered ...

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