Investor Presentation December 2021
Mississippi regulatory summary
Average-rated regulatory jurisdiction by RRA
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Rate Stabilization Adjustment (RSA)
RSA provides for annual rate performance reviews rather than periodic rate cases
Formulaic approach to ROE setting with equity capitalization currently set at 50%
Rate adjustment when ROE is outside a 1% band of allowed ROE (9.83%)
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- 50% of the amount over the allowed return going to a rate reduction, or
75% of the deficiency toward a rate increase
0
Fixed rate structure and weather normalization mechanism effective with 2018-19 heating season
Supplemental Growth (SG) Rider
Program through Oct. 2024 for up to $5M investment
-Qualified industrial development projects qualify for forward-looking rate base treatment
Mississippi Public Service Commission – commissioners elected to 4-year term
Dane Maxwell, Chair (R) - 2023 (Southern District)
- Brandon Presley (D) - 2023 (Northern District)
Brent Bailey (R) - 2023 (Central District)
29 Spire | Investor presentation December 2021View entire presentation