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Tag Archives: utilities

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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TVA has spent $11M on defense of ash spill

NORTH MISSISSIPPI — The Tennessee Valley Authority has spent almost $11 million so far on outside legal help to battle lawsuits from the Kingston Plant coal ash spill. The nation’s largest public utility told The Associated Press it paid about $10.8 million to the Shook Hardy & Bacon law firm of Kansas City, Mo. The TVA statement said about $600,000 ...

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Justices: Kemper County coal plant case is not about coal

>> KEMPER COUNTY CLEAN COAL PLANT HEARD BEFORE STATE SUPREME COURT JACKSON — Three Mississippi Supreme Court justices say that so far, they can’t find the evidence that state regulators used to justify their decision to allow Mississippi Power Company to build a $2.4 billion clean coal plant under construction in Kemper County. If the high court rules that the ...

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Fuel cost adjustment to lower TVA electric bills

NORTH MISSISSIPPI — A 3.1 percent decrease in the Tennessee Valley Authority’s fuel cost will bring down average residential electric bills in January by between $2 and $4. TVA said in a statement yesterday that the decrease is related to hydroelectric generation in November that was almost 30 percent higher than expected. That meant the utility did not have to ...

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PEER investigates complaints against utility authorities

MISSISSIPPI GULF COAST — The PEER Committee has released a report on its finding involving county utility authorities and their use of the Mississippi Gulf Coast Regional Infrastructure Program. The executive summary of the report says: “In the 2006 Regular Session, subsequent to Hurricane Katrina, the Legislature passed the Gulf Coast Region Utility Act, which authorized creation of individual county ...

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GAO finds problems with TVA's spending plan

NORTH MISSISSIPPI — A U.S. Government Accountability Office report says the Tennessee Valley Authority’s plans for spending on power-generating facilities and its agreement to spend up to $5 billion on pollution controls pose difficult financial decisions. The report also says TVA has been slow to consider the potential of energy efficiency measures but acknowledges the utility is about to finish ...

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