JACKSON, Miss.–If you are on Entergy Mississippi power, your bill will not go up, at least not because of this. Entergy had asked the state Public Service Commission if they could sell their high voltage transmission system to another company. The Commission unanimously said no Tuesday.
The big three reasons the commission gave: they believed Entergy would have raised what you pay every month, the PSC would not have any control over it, and they did not believe it would be of any real benefit to the customer.
“We respect Entergy’s desire to improve its organizational effectiveness,” said Central Dist. Commissioner Lynn Posey in a statement, “but the Commission was not persuaded the transfer would be in the best interest of Entergy Mississippi’s customers.
The company they wanted to sell it to: ITC Holding Company, a utility similar to Entergy, started by Detroit Edison.
The deal was started in October 2012 and the “spin merger” also included transmission systems in Arkansas, Louisiana, and Texas. It was not clear if the deal in those states was approved.
