| 5/00: The Mississippi Public Service Commission (PSC) concluded that a competitive electric power industry would not be beneficial to the State's consumers at this time. After several years of hearings and investigation into the benefits of competition, a decision was made to suspend the 1996 docket opened by the PSC to investigate electric power industry restructuring. Prices for electricity in Misssissippi are below the national average, and studies conducted by the PSC indicate that prices for residential and small consumers could rise in a competitive environment. 6/98: The PSC issued a Revised Proposed Plan for retail competition that addresses the comments received from industry, consumers, suppliers, and utilities. Hearings will be held throughout 1999 to address the issues and retail competition will be phased-in beginning January 1, 2001 through January 1, 2004, pending authorizing legislation. 5/98: The PSC issued orders to conduct studies on market power and cost of service. 4/98: The PSC will receive comments and hold hearings on its restructuring plan. 1/98: Entergy Mississippi commented to the PSC that the restructuring plan was overly optimistic and recommended January 2002 as the earliest date to begin retail competition. 7/97: The PSC issued an order requesting the Public Utilities Staff to develop a plan for restructuring the industry, due by November 1997. The plan, if accepted, will be a basis to draft legislation for 1999. |
Industry M&A
Power Plants