State regulators have approved Mississippi Power Co.’s proposed decrease in the amount it recovers in its annual fuel filing.
Mississippi Power’s fuel costs are recovered from customers on a dollar-for-dollar basis. The company does not earn a profit on the fuel used to generate electricity.
Public Service Commission chairman Leonard Bentz says Mississippi Power customers will see an average of $2.20 reduction in their residential electric bills. Average usage is considered 1,000-kilowatt hours.
Bentz says the decrease should show up in utility bills as soon as February 2012.