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Tag Archives: utilities

Company given 20 days to respond to PSC allegations

JACKSON — The Mississippi Public Service Commission has ordered BLC Management, LLC, d/b/a Angles Communication Solutions, to respond within 20 days to allegations that the company has violated numerous state statutes and PSC rules, including failure to file sufficient annual reports and failure to file requests of change of control of the company. Commissioner Brandon Presley said, “Companies like BLC ...

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Entergy OKs agreement to divest transmission business

NEW ORLEANS — The boards of directors of Entergy Corporation and ITC Holdings Corp. have approved a definitive agreement under which Entergy will divest and then merge its electric transmission business into ITC. Entergy’s electric transmission business consists of approximately 15,700 miles of interconnected transmission lines at voltages of 69kV and above and associated substations across its utility service territory ...

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Utilities hope PSC approves discounted rates for businesses

JACKSON — A number of the state’s utilities are hoping lower power bills for their business customers will help those companies save money to grow their operations. With approval of the overall effort from the Mississippi Public Service Commission, five utilities are offering discounted power rates to smaller businesses. Participating utilities include Entergy Mississippi, Mississippi Power, Atmos Energy, CenterPoint Energy ...

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TVA reports 270 percent improvement in power savings

NORTH MISSISSIPPI — Energy efficiency initiatives by the Tennessee Valley Authority (TVA) and local power distributors reduced electric power consumption by 559 gigawatt-hours in fiscal year 2011 — a 270 percent improvement in power savings over last year — according to TVA. TVA’s energy efficiency programs have reduced the region’s electricity use by 765 gigawatt-hours over the last two years, ...

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Mississippi Power wants rate hike, mainly for Kemper plant

GULFPORT — Mississippi Power Co. has filed documents with state regulators for a net rate increase of 11.35 percent. The company says customer impact will vary with electricity usage. Company spokeswoman Cindy Duvall says Mississippi Power made three separate filings late Tuesday to the Public Service Commission. Duvall says two were for increases and one was for a decrease in ...

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Rising fuel costs to hike TVA power bills

NORTH MISSISSIPPI — A 2.8 percent increase in the Tennessee Valley Authority’s fuel cost will boost average residential electric bills in December between $1.50 and $3.50. TVA said in a statement that demand for December is projected to be about 16 percent higher than November and TVA expects to use higher cost resources. The December forecast shows purchased power contributing ...

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Entergy issues guidance, expenditure plan

NEW ORLEANS — Entergy Corporation has issued 2012 earnings guidance and outlined its preliminary three-year capital expenditure plan for the period 2012 through 2014. In addition, Entergy affirmed its long-term financial outlook. Entergy is initiating 2012 earnings guidance in the range of $5.40 to $6.20 per share on both as-reported and operational bases. While Entergy affirms its updated 2011 earnings ...

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Supreme court will hear Kemper Coal Plant arguments

The Mississippi Supreme Court will hear arguments from the Sierra Club challenging the state Public Service Commission’s approval of the project in Kemper County by Mississippi Power Co. Mississippi Power has started construction of the $2.4 billion coal plant. Oral arguments are scheduled for Dec. 14. The suit was filed and heard in Harrison County Chancery Court. Judge Jim Persons ...

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Chinese utility financing BlueFire's biorefinery

FULTON — BlueFire Renewables Inc. has entered into a memorandum of understanding (MOU) with China Huadian Engineering Co., LTD., to finance its integrated power plant and biorefinery in Fulton in Northeast Mississippi and up to five additional plants in the United States. Under the MOU, Huadian will invest equity by purchasing an interest in BlueFire Fulton Renewable Energy, LLC and, ...

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