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 PD Holds First Meeting at New Headquarters, Recognizes Outstanding Officers

News

Pearl River County Sheriff’s Office Conducts Multiple Drug-Related Arrests

News

MDOT Announces Construction Updates for Pearl River County

News

City Council Meeting Recognizes Longtime Employee and Local Achievers

Columns

Then and Now: NASA Stennis Continues Frontline Support of Space Exploration

News

Pearl River County SPCA Announces Expansion of HOPE Thrift Store

News

PRC Graduate Wins Scholarship

News

Picayune Mayor’s Youth Council Selects 2024-2025 Members

News

BEAM Program Prepares for BEAD Challenge Process in Poplarville

News

Picayune Police Request Public Assistance to Locate Missing Teen

News

Body of boy recovered in waters behind Vinton Welcome Center

News

How a NASA Engineer Supports the Commercialization of Space

News

Carriere Teen Adleigh Fricke to Compete in Distinguished Young Woman Competition

News

Picayune Hosts 3rd Annual Independence Day Celebration

News

Wrong-Way Driver on I-59 Apprehended After Collision with Patrol Unit

News

City Council Attends MLL Award Ceremony, Honors Mayor’s Youth Council for City Spirit

News

Helena Hansen to Represent Pearl River County in Mississippi Miss Hospitality Competition

News

MML Honors 2024 Municipal Excellence Awards Winners at Annual Conference

News

Pearl River County SPCA Launches “20K for 20K” Fundraiser

News

Pearl River County Sheriff’s Department Makes Multiple Drug Arrests

News

Pearl River Man Sentenced to 30 Years for Production of Child Pornography

News

April Holifield Honored at 43rd Quilt Show & Competition

News

For Pearl River Hall of Fame inductee Nick Smith, Pearl River was the right place at the right time

News

Injured Army Veteran Receives Mortgage-Free Smart Home from Tunnel to Towers