Mississippi Power energy rates to decrease by $4 monthly

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After making its annual fuel filing with the Mississippi Public Service Commission, customers of Mississippi Power could see a decrease of at least $4 per month on their energy bill beginning in February.

If the filing is approved, lower natural gas prices will reflect on customers power bills beginning with the first billing cycle in February.

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The state Public Service Commission adjusts Mississippi Power’s prices up or down to reflect any changes in the cost of fuel used by the company to generate power.

Mississippi Power produces safe, reliable, and environmentally responsible energy for more than 180,000 customers in 23 southeast Mississippi counties.  Jeff Shepard with Mississippi Power said, “This is a filing that we do every year and it just shows how seriously we take managing our expenses and the expenses that are passed on to customers. We do not earn a profit on our fuel cost. So what we spend to purchase natural gas is what we charge customers. The lower we can get that commodity for, the lower price we pass it on to customers. It’s going to be a reduction to their bills and we’re very excited to make this filing today.”