PSC approves Entergy special contract to continue serving Nucor's Flowood facility
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Summary
The Public Service Commission approved Entergy's sixth amendment to its electric service agreement with Nucor Steel, with staff saying the special contract meets statutory criteria and provides a contribution margin that benefits other retail customers.
The Public Service Commission voted to approve Entergy's sixth amendment to a special contract with Nucor Steel to continue providing power to the Flowood facility in Rankin County.
Miss Myrick, a commission staff presenter, said Entergy's filing (filed Sept. 30) qualifies as a special contract under Mississippi Code '''77-3-35 and the commission's Rule 27 because it recovers the incremental cost of service, contains a competitive price to retain the customer and yields a contribution margin that would benefit Entergy's other retail customers. "Therefore, staff recommends approval," Myrick said.
Commissioners had no substantive questions during the brief presentation; a motion to approve the proposed order was moved, seconded and carried on a voice vote.
The order approving the amendment formalizes Entergy's continued service arrangement with Nucor and reflects the staff finding that the contract achieves the statutory goals for special contracts. The commission did not attach additional conditions during the meeting.
The commission's action was procedural and limited to approving the proposed order; no rehearing or appeal details were discussed at the meeting.