Small businesses utility rate incentives extended

By NEMS Daily Journal

For another year, small businesses can take advantage of reduced rates and waived security deposits from the state’s four largest gas and electric utilities.
Northern District Public Service Commissioner Brandon Presley announced Tuesday that Entergy Mississippi, CenterPoint Energy Resources, Mississippi Power Co. and Atmos Energy Corp., are extending the Small Business Rate Incentive plan introduced last year by Presley.
As of November, Presley said, the incentive programs helped 400 small businesses save more than $140,000.
Presley sent letters to the utilities a few weeks ago “stressing the importance of small business to the Mississippi economy,” he said.
At the time, Presley said, “These small business owners are the backbone of our state’s economy. They are the folks at your service station, local diner and Main Street businesses. They have no lobbyists, yet they are, many times, the ones putting people to work. I want to make sure they get help doing that.”
Presley encouraged the utility companies not to allow the incentive rates to expire.
“As the economy grows, entrepreneurs will begin to see opportunities to open businesses and create new jobs. We should not allow high utility costs to dissuade them from this goal,” he wrote.

Click video to hear audio