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PSC approves special contract allowing Entergy to continue serving Nucor's Flowood plant
Summary
The Mississippi Public Service Commission approved Entergy's Sixth Amendment special contract to continue providing power to Nucor Steel's Flowood facility after staff found the contract met special-contract criteria and would recover incremental costs while providing contribution margins benefiting other customers.
The Mississippi Public Service Commission on its December docket approved a special contract authorizing Entergy to continue providing electric service to Nucor Steel's Flowood facility in Rankin County.
Staff told commissioners the Sixth Amendment to the contract qualifies as a special contract under Mississippi law and PSC rules, because it recovers sufficient revenues to meet Entergy's incremental cost of service to Nucor, offers a price competitive enough to retain the customer, and yields a contribution margin that will benefit Entergy's other retail customers. Staff recommended approval and commissioners voted in favor with no recorded opposition.
Commissioners did not request further changes or conditions during discussion. The order approved by the commission accepts staff's recommendation and authorizes Entergy to proceed under the amended contract terms.
The commission did not record an extended debate or additional evidentiary presentations on the item; staff's summary and the subsequent voice vote closed the matter.
The order is effective as entered; the commission did not specify additional reporting requirements in the hearing discussion.
