The Public Service Commission on Tuesday approved three energy dockets affecting Mississippi Power and Entergy, adopting staff-recommended stipulations and rate adjustments the commission said are intended to preserve system reliability while moderating bill impacts.
Commission staff told the commission that Mississippi Power’s system restoration rider (SRR-2) filing proposes no rate change for 2026 and that the utility is collecting about $1.1 million per month (roughly $13.5 million per year) to fund a property damage reserve. Staff said the reserve is projected to reach about $71 million by Dec. 31, 2026 if no storms occur and that $5,957 in 2025 storm costs should be removed for ratemaking; "staff recommends approval," the staff presenter said. The commission adopted the item on a voice vote.
On a separate docket (2019-UN-219), staff summarized Mississippi Power’s PEP filing, saying the company’s projected retail return fell below the approved PEP band and indicated a revenue adjustment of approximately $20 million. Staff said interim rates implemented in January raised a typical 1,000 kWh residential bill by about $2.99 per month, but that a previously authorized amortization of excess deferred income taxes (roughly $21 million) over 18 months will produce a $3 monthly credit for the same customer, effectively offsetting the interim increase for June–July comparisons. Staff said a joint stipulation with the company leaves the overall requested revenue requirement unchanged and recommended approval; the commission adopted the stipulation.
On Entergy’s annual formula rate filing (docket 2025-UN-112), staff reported the company’s projected return for the 2026 test year remained within the no-change bandwidth and that a 2025 look-back produced an interim rate adjustment reducing rates by about $239,000. Staff described disallowances to rate base and O&M expense and said it reached a stipulation with Entergy; with the stipulated adjustments the commission approved the item. Commissioner Stamps said he had voted against the item last year but would support the stipulated outcome this year "because there are measures being taken to put in place to change the reliability of service," and the commission carried the motion by voice vote.
Votes at a glance
- Docket UN-515 (Mississippi Power SRR-2): approved (voice vote).
- Docket 2019-UN-219 (Mississippi Power PEP/stipulation): approved (voice vote).
- Docket 2025-UN-112 (Entergy formula rate/stipulation): approved (voice vote).
Why it matters: Staff characterized the energy actions as balancing investments in reliability and capital with modest customer impacts; the PEP and tax amortization mechanics mean some customers will see net-neutral month-to-month changes once the credits are applied.
What’s next: The items were adopted by voice vote during the open meeting; no additional commission action was announced in the record provided.