Yesterday, Entergy Mississippi Inc. provided additional information in response to a Mississippi Public Utilities Staff (MPUS) request. This information estimates the effect on Entergy Mississippi’s fuel costs if the electric energy generated using Entergy Louisiana’s long-term Evangeline gas contract was not allocated through the Entergy System Exchange in 2005. The company previously provided such information for 2006 through 2008.
The information is part of an ongoing response to a MPUS request to quantify the effect of the Evangeline contract. Some of the energy generated by Entergy Louisiana using the Evangeline natural gas went to Entergy Mississippi through the Entergy System Exchange, which is regulated by the Federal Energy Regulatory Commission. Entergy Mississippi has been preparing the information requested by the MPUS and has pledged to keep the MPSC and customers informed of findings.
The results of the calculation, provided to date, are as follows:
o 2008 — $1.9 million (0.2 percent of total fuel and purchased power costs for the year)
o 2007 — $1.4 million (0.2 percent of total fuel and purchased power costs for the year)
o 2006 — $6.5 million (0.6 percent of total fuel and purchased power costs for the year)
o 2005 — $12.1 million (1.5 percent of total fuel and purchased power costs for the year)
“It’s important to note that these calculations in no way suggest that Entergy Mississippi customers suffered any harm,” said Dorman Davis, manager of regulatory affairs for Entergy Mississippi Inc. “The Evangeline contract is a valuable resource that provides a reliable and flexible supply of natural gas that is used to provide reliable energy service to Entergy Mississippi and the other Entergy operating companies.
MS Business Journal