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.

 

SportsPlus

News

Picayune Mayor Jim Luke Receives 2024 Excellence in Local Government Award

News

Law Enforcement Discusses Social Media Risks Following September Threats

News

Army Corps Approves Final Plan for Yazoo Backwater Pumps

News

Picayune Police Arrest Suspect in Woodglen Cove Shooting

News

November 27 Edition may be Delayed

News

Mississippi State University Extension Service Opens New Office in Poplarville

News

Mississippi Allocates $1.4 Million for Pearl River County Industrial Park Improvements

News

AG Fitch Announces Four Arrests in CyberOperation Cold Turkey

News

Pearl River County Approves Purchase of Stab Vests for Correctional Officers

News

Pearl River County Board of Supervisors Takes Bids Under Advisement

News

Letters to Santa 2024

News

Governor Reeves Announces $4.8 Million Investment for Economic Growth in Pearl River County

News

Governor Reeves Unveils Fiscal Year 2026 Budget with Focus on Economic Growth and Safety

News

Picayune Police Arrest Suspected Fentanyl Trafficker, Seize Drugs and Firearms

News

New Orleans Woman Arrested in Carriere Murder Case

News

PRCSO Releases Report on October DUI Arrests

News

Picayune Carver Culture Center to Host Community Health & Resource Fair

News

Picayune Honors Veteran of the Year in Ceremony

News

Pearl River County Sheriff’s Department Assists in Apprehension Following Covington Bar Fight

News

Pearl River County SPCA to Host Fall 2024 Wellness Clinic for Pets

News

Picayune Names U.S. Army Sergeant Sidney L. Worthy as 2024 Veteran of the Year

News

Poplarville Board of Aldermen Approves TA Truck Stop Development

News

Pearl River County Sheriff’s Office Reports Numerous DUI-Related Arrests

Breaking News

2024 Pearl River County General Election