JACKSON, Miss.--Small business operators know that in this economy keeping overhead costs down is a must to keep your business going. Northern District Public Service Commissioner Brandon Presley tells News Mississippi he wants to see four Mississippi utility compnaies help keep costs down by extending incentives that are already in place.
A news release from Presley's office said the savings thus far under a program introduced last year have been about $140,000 for five companies: Miss. Power, Center Point Energy, Entergy, Wilmut Gas and Oil and Atmos. He said the savings could be used to reinvest in the economy.
For Entergy, Wilmut, CenterPoint and Miss. Power, the incentive riders will expire at the end of the year. The rider for Atmos will end Sept. 2013.
The incentives have included waiving deposits for businesses, reduced rates and encouraging new businesses to occupy vacant buildings.
"Small businesses are sadly forgotten in many areas of government, but not at the PSC," he said in the news release. "These small business owners are the backbone of our state's economy. As the economy grows, enrepreneurs will see opportunities to open businesses and create new jobs. We should not allow high utility costs to dissuade them."
He called the incentives "solid encouragement" to bring business to the state and said he will ask the Commission for riders that will allow the companies to extend the incentives at the December meeting of the PSC.