PSC approves cost recovery for new energy efficiency initiatives

PSC approves cost recovery for new energy efficiency initiatives

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Mississippi Power is offering new energy efficiency programs to help customers save energy and money.
Mississippi Power is offering new energy efficiency programs to help customers save energy and money.

The Mississippi Public Service Commission approved funding for Mississippi Power’s Energy Efficiency programs which are designed to help customers reduce their bills and use energy wisely.

The approval allows Mississippi Power to move forward with new programs for residential customers such as HVAC tune-ups and in-home energy assessments, as well as ones aimed at savings for business and industrial customers including installation of energy efficient LED lighting for indoor or outdoor use.

“We want to help customers make the most of their energy dollars. These programs will provide opportunities for customers across the Mississippi Power service territory to improve energy efficiency in their homes and businesses,” said Customer Services Organization Vice President Jeff Franklin. “Whether it’s switching to energy saving CFLs, reviewing individual energy habits or taking advantage of low-interest financing to replace heating and cooling units, Mississippi Power’s programs will bring immediate value to customers.”

In July 2013, the PSC adopted the Energy Efficiency and Conservation Rule 29 that required all electric and gas utilities in Mississippi to offer more energy efficiency incentives to customers. The rule set standards for the programs offered and also allowed for the cost to implement the initiatives to be recovered by utilities.

Beginning in the December billing cycle, residential customers will see an increase of approximately $1.69 per 1,000 kWh. Small commercial and industrial customers will pay $0.504 per 1,000 kWh. Large commercial and industrial customers will pay $0.365 per 1,000 kWh.

The majority of the energy efficiency programs will begin in early December and continue through 2016.

“Each of the programs helps strengthen Mississippi Power’s commitment to providing solutions for customers and enhances energy savings programs already available,” Franklin said. “Last month we distributed 19,350 CFL bulbs to customers. If everyone uses those bulbs, they will save enough energy over the next year to power 54 homes for a year. That’s significant energy savings.”