The Mississippi Public Service Commission unanimously approved the company’s annual fuel filing in Jackson today, reducing the fuel portion of customers’ bills by ten percent.
A Mississippi Power residential customer using 1,000 kWh of electricity per month will see an average savings of $2.86 on their total monthly bill.
Combined with the $2.17 roll-off of the PEP surcharge from bills in December, a residential customer using 1,000 kWh of electricity will see a reduction of more than $5 on their bills.
“Today’s approval by the Commission allows us to once again deliver on our promise to provide reliable service at an affordable price,” said Senior Vice President and Senior Production Officer Jim Heilbron. “Our generating facility employees continue to efficiently operate our units to our customers benefit.”
This is the second year in a row that Mississippi Power’s fuel filing has resulted in a decrease for customers, resulting in a total decrease of $7 per month for a residential customer using 1,000 kWh of electricity.
The cost of fuel is a separate component of customers’ electricity bills. Mississippi Power recovers the cost of fuel on a dollar-for-dollar basis and does not earn a profit on fuel costs.
Mississippi Power, a subsidiary of Southern Company (NYSE: SO), produces safe, reliable and environmentally responsible energy for more than 188,000 customers in 23 southeast Mississippi counties. With nearly 160 megawatts of approved solar energy capacity, Mississippi Power is the largest partner in providing renewable energy in the state of Mississippi. Visit our websites at mississippipower.com and mississippipowernews.com, like us on Facebook, and follow us on Twitter, LinkedIn, and YouTube.