UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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In the Matter of
MISSISSIPPI POWER &
LIGHT COMPANY
CERTIFICATE PURSUANT
File No. 70-7760 TO RULE 24
(Public Utility Holding
Company Act of 1935)
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Pursuant to Rule 24 promulgated by the Securities and
Exchange Commission ("SEC") under the Public Utility Holding
Company Act of 1935, modified by the application and/or
declaration referenced above and the related order dated
August 30, 1990, and the supplemental order dated April 21,
1993, this is to certify that the following transactions
were carried out during the twelve months ended December 31,
1995, by Mississippi Power & Light Company ("MP&L") pursuant
to the authorization of the SEC.
I. Programs Authorized
In 1990, MP&L was authorized to institute the following
programs: (1) "Space Conditioning," involving the
marketing, selling, leasing, financing the acquisition and
installation of, and selling service plans and
manufacturer's warranties or other maintenance agreements
for, space conditioning equipment such as water heaters and
heat pumps and related weatherization, ductwork and wiring
improvements; (2) "Premium Power," involving audits of
customers' facilities to detect power quality and
reliability problems which may include a market based fee,
if required, marketing, selling, leasing and financing the
acquisition and installation of surge suppressors, power
conditioning products and standby power supplies, including
transient voltage surge suppressors, meter socket lightning
arrestors, isolation transformers, line voltage regulators,
power line conditioners and uninterruptible power systems
(including standby generators) and selling and financing
manufacturer's warranties and maintenance agreements, and
the employment of consultants; (3) "Electrotechnologies,"
involving the marketing, selling, leasing to, financing of
and selling service plans in connection with industrial and
commercial equipment utilizing electric power (i.e., high
capacity electrically driven manufacturing and processing
equipment for operators) to enhance customer efficiency by
reducing the emissions of combustion by-products, increasing
safety in the workplace, producing superior quality
products, and brokering leasing arrangements with customers
related to the procurement of such equipment; and (4) "Field
Services," involving marketing and selling to MP&L's non-
residential (primarily commercial and industrial) customers
certain testing, maintenance, repair, training services and
guaranteed service plans relating to the customer's energy
using equipment in order to enhance the operating efficiency
and help reduce the cost of operation to such customers.
II. Report of Transactions
The financing of standard electric appliances,
including heat pumps and water heaters is permitted under
Rule 48 of the Holding Company Act while the financing of
associated weatherization items, wiring and ductwork is
permitted only under the authority granted in the
Commission's order approving the Program. Contractors
indicated that these associated items account for about 10%
of the total installed cost.
Therefore, during the year ended December 31, 1995,
MP&L participated in these programs as follows:
Program 1, Space Conditioning; Program 2, Premium
Power; and Program 4, Field Services - Financed
$61,211 and had proceeds of $82,110. The maximum
amount extended to a single customer was $963.
MP&L had outstanding principal obligations as of
December 31, 1995, of $783,462. Expenses charged
in 1995 were $22,270.
Program 3, Electrotechnologies - MP&L did not
sell, lease or finance any Electrotechnologies
equipment during the reporting period and there
were no expenses incurred under this program.
IN WITNESS WHEREOF, MP&L has caused this certificate to
be executed as of the 29th day of February, 1996.
MISSISSIPPI POWER & LIGHT COMPANY
By: /s/ Michael R. Niggli
Michael R. Niggli
Senior Vice President-Marketing
