Public Service Commission passes “Hire Mississippi” rule

Earlier today, the Mississippi Public Service Commission unanimously passed the “Hire Mississippi” rule, a measure designed to bring more Mississippi-based companies to the market of utility contracts. The rule, introduced by Chairman Brandon Presley in May, requires much more aggressive notification and reporting requirements by rate-regulated, investor-owned utilities to track when and how the companies are reaching out and awarding contracts to Mississippi-based companies. The goal of Hire Mississippi is to increase the use of Mississippi-based companies for public utility contracts and create a more transparent and open bid process to boost economic development and employment in the state.