MPC: Declining fuel costs mean lower electric bills

GULFPORT, Miss. (WTOK) - Good news for Mississippi Power customers. The Mississippi Public Service Commission approved the company's annual fuel filing, reducing the fuel portion of customers' bills by three percent.

Source: MGN

Residential customers using 1,000 kWh of electricity per month will see an average savings of $4.14 on their total monthly bill.

"So beginning in February, our customers on average will see over four dollars savings on their monthly bill," said Michael Harvey, Division Manager for the Northern Division of Mississippi Power.

The company made its annual filing in November 2018, which reflected a decrease in fuel costs, driven primarily by lower natural gas prices. Each year the PSC adjusts Mississippi Power’s prices up or down to reflect changes in the cost of fuel used by the company to generate electricity.

This means more money in the customers' pockets, but officials say this isn't the only way you can save on energy.

"MississippiPower.com offers a lot of information in these winter months, what customers can do to cut down on their usage which will save more dollars on their monthly bill," said Harvey.

Officials say one of the best tips is keeping your air conditioning unit at a consistent level. 78-degrees is recommended. It's also important to seal cracks in your house and turn off fans and appliances when no one is using them.

"As a company, we're always looking for ways to help our customers and in the end, our mission is to deliver world class value to our customers and our communities," said Harvey.

A few tips to keep your bill as low as possible as we continue through the winter months.

You can find more energy saving tips posted on MississippiPower.com.