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Miss. AG sues Entergy for info on its...

Miss. AG sues Entergy for info on its operations

By: Magnolia Tribune - September 23, 2008

CNN Money, 9/22/8

Attorney General Jim Hood says he has sued Entergy Mississippi to get information about the company’s fuel purchase operations, fuel price adjustments and fuel cost recovery practices.

Hood said Monday the lawsuit was filed in Hinds County Chancery Court.

Hood has accused Entergy of buying electricity and fuel at inflated rates from its sister companies in neighboring states and then overcharging Mississippi customers.

Mississippi has a fuel adjustment policy that allows electric utilities to predict the price of the natural gas that they’ll need to make electricity before they actually buy it.

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.