Electricity in South Mississippi is becoming more costly to consumers

This Coast Electric substation at the corner of Mississippi Highway 11 North and Stemwood Drive will be distributing more expensive electricity beginning this month. Mississippi Power Co., one of the companies from which the electricity cooperative purchases the power it distributes has been granted a rate increase. The increase will be passed on to Coast Electric customers in their bills for that portion of electricity purchased from Miss. Power.  Photo by Will Sullivan

This Coast Electric substation at the corner of Mississippi Highway 11 North and Stemwood Drive will be distributing more expensive electricity beginning this month. Mississippi Power Co., one of the companies from which the electricity cooperative purchases the power it distributes has been granted a rate increase. The increase will be passed on to Coast Electric customers in their bills for that portion of electricity purchased from Miss. Power.
Photo by Will Sullivan

Mississippi Power Company and Coast Electric customers should start seeing an increase in their monthly bills soon.

Last week, the Mississippi Public Service Commission voted to allow Mississippi Power to raise its rates in order to recover higher natural gas costs from 2013 and to cover higher projected costs in 2014.

Jeff Shepard, a representative for Mississippi Power, said the average residential customer would see about a 2.6 percent increase starting in February.

Coast Electric receives transmitted power through South Mississippi Electric, which purchases power from Mississippi Power, said April Lollar of Coast Electric.

Lollar explained that about 28 percent of the power Coast Electric purchases comes from Mississippi Power, which means there will be a small increase in customer’s rates.

“It’s not as not as big as for their customers because we’re only purchasing 28 percent from South Miss Power,” Lollar said.

Lollar said the new adjustment would equate to an additional $5.62 per 1,000 kwh hours used per month.

“Each year the company projects the exact amount of fuel necessary to generate electricity for customers for the upcoming year,” Shepard explained. “When the fuel price is lower than expected, the lower cost is passed on to customers the following year. When the price is higher than expected, the difference is requested to break even.”

Coast Electric customers will start seeing an increase in their January bill, Lollar said.

 

News

PRC SPCA Organizes Wellness Event for Pets at Jack Reed Park

News

Senior Center Hosts Spring Fling Karaoke Contest

News

Picayune City Council Meeting Highlights Local Achievements

News

Picayune Man Arrested After Fleeing Traffic Stop

News

Governor Proclaims Confederate Heritage Month

News

Severe Weather Hits Mississippi: Two Dead, Six Injured

News

Governor Reeves Announces Federal Approval of Medicaid Reimbursement Reform

News

Picayune Man Receives 159-Month Prison Sentence for Methamphetamine Conspiracy

News

Multiple Arrests Made Following Investigations by Pearl River County Law Enforcement

News

Pearl River County Board of Supervisors Addresses Garbage Pickup and Zoning Changes

News

Picayune Street Festival Draws Crowds with 220+ Vendors and Food Trucks

News

Strawberries & Cream Festival Celebrates Mississippi State University Crosby Arboretum’s History

News

Pearl River County Prepares for National Crime Victims’ Rights Week

News

Mississippi Children’s Museum Expands Educational Outreach Following National Recognition

News

Pearl River County Historical Society to Host Meeting with Musical Program

News

Picayune Officer Completes FBI Firearms Instructor School

News

Judge Lumpkin Pledges Service to 15th Circuit Court District

News

Tate Reeves Announces Key Appointments in Mississippi Government

News

Picayune Carver Culture Center and SHEA Collaborate for First Health Fair to Address Health Disparities

News

Fire Departments Conduct Bus Rescue Training Session

News

Pearl River County Democrats Hold County Convention

News

Pearl River County Board of Supervisors Meeting Highlights

News

Six Former Mississippi Law Enforcement Officers Sentenced for Civil Rights Violations

News

Picayune City Council Approves Tax Abatement, Receives Legal Victory