Wednesday, February 11, 2015

Small Business Incentives Renewed for Another Year/ Tops 2,200 Businesses Assisted

The PSC led incentives have saved small businesses over $835,000
in less than four years. Jackson, Mississippi (February 10, 2015) – Public Service Commissioner Brandon Presley announced today that due to the success of Commission-led small business aid programs, the state’s largest investor-owned utilities will continue to offer the programs beyond their original expiration dates.

One utility, Entergy Mississippi, will become the first utility in Mississippi to make the program a permanent part of its business operations. The programs were first proposed by Presley in 2011, and have been renewed annually since. To date, the incentives have helped over 2,200 Mississippi "mom and pop" businesses save $835,967 in utility costs by way of reduced rates and alternative deposit options. "The assistance we are able to bring to Main Street businesses with their utility bills has been one of the highlights of my time as Commissioner. 

These are the people creating jobs, staying in Mississippi and hiring
Mississippians. They don't move to China and Mexico and we should continue to help them open up, expand and create jobs.” Presley said. In effort to make more businesses aware of the available assistance and to announce the renewal of the incentives, Presley will discuss the programs’ success today at Trulove's Auto Service Center 1911 East Main Street in Tupelo, a business that has benefitted from the plan. On Thursday, Presley will make similar stops at Hair Therapy Beauty Salon 522 West Park Avenue in Greenwood and Crawfish Haven 2100 Goodman Road West in Horn Lake