Entergy Mississippi, Inc.
Company's activities help strengthen communities, create jobs
and boost the economy
JACKSON, Miss. - Research of Entergy's activities in
Mississippi paints a picture of an investor-owned utility
that not only lights up the homes and businesses of more than
400,000 Mississippians, but also lights up the entire state
Entergy's total economic impact in Mississippi reaches almost
$1 billion, and the low-cost electricity it provides for
customers helps encourage business growth and job creation.
"Entergy's first priority is providing safe, reliable and
low-cost electricity for our customers," said Haley
Fisackerly, Entergy Mississippi president and CEO. "Our
residential rates are 29 percent below the national average
and 18 percent below the state average. Lower rates not only
allow our customers to have more available income for other
necessities like food and gasoline, but they also give
Mississippi an advantage in competing for economic
Entergy is one of Mississippi's largest taxpayers, paying
more than $100 million in state and local taxes, as well as
one of the largest private employers, with a workforce of
2,000 and an annual payroll of $228 million.
Over the last five years, Entergy's construction projects in
the state - building customer service centers, upgrading
distribution and transmission equipment and renovating
facilities - have yielded more than $972 million in economic
impact. Entergy's many activities in Mississippi helped
create an additional 4,000 indirect jobs, further boosting
payrolls and tax revenues.
"Each dollar spent by Entergy ripples through the state
economy, triggering employment, new income, production and
spending in virtually every industry sector," said Michael D.
Larsen, president of Global Strategies, Inc., a
Mississippi-based economic development and organizational
At Entergy's request, Global Strategies, Inc. quantified the
statewide economic impact of the utility's operations in
Mississippi. Financial and operations data for the 2010
fiscal year formed the primary-source information for the
Jackson serves as the national headquarters for Entergy's
nuclear energy and transmission operations, which has helped
build the metro area into a hub for engineering talent from
across the country.
Entergy Mississippi also actively supports and invests in
community-based organizations, charities, events and
activities. In 2010, Entergy's $2 million in philanthropy and
community investments in Mississippi created 60 jobs and made
an economic impact of $4 million.
"Entergy can always be counted on to provide leadership and
resources that help build stronger communities," said Blake
Wilson, president of the Mississippi Economic Council. "Over
the years, Entergy's support has been a significant factor in
statewide efforts to improve education, economic development
and quality-of-life issues that are crucial to Mississippi's
Entergy Mississippi has invested nearly $150 million in
upgrades to its distribution and transmission system over the
last five years. An extensive power upgrade completed this
year at its Grand Gulf Nuclear Station in Port Gibson made
the facility the largest single-unit nuclear reactor in the
country and a long-term source of safe, reliable and
emission-free energy for Mississippians.
Entergy Mississippi, Inc. provides electricity to more than
435,000 customers in 45 counties. It is a subsidiary of
Entergy Corporation. Entergy Corporation is an integrated
energy company engaged primarily in electric power production
and retail distribution operations. Entergy owns and operates
power plants with approximately 30,000 megawatts of electric
generating capacity, and it is the second-largest nuclear
generator in the United States. Entergy delivers electricity
to 2.7 million utility customers in Arkansas, Louisiana,
Mississippi and Texas.