Posted August 7, 2020 in News
Mississippi’s diverse and abundant energy supply, technology centered workforce and growing fiber network are just a few of the state’s advantages for locating data centers. Entergy Mississippi works collaboratively with companies, economic developers and the public regulatory authority to offer electricity at a competitive rate.
Learn more about all of the advantages of doing business in Mississippi »
Mississippi offers a stable and supportive business climate that enables data centers and other high-tech enterprises to prosper over the long term. The state’s Data Center Incentives Program provides specific tax incentives that require a minimum capital investment of $20 million, creation of at least 20 new full-time jobs and a minimum average annual salary of 125% of the average annual state wage.
• 10-year state income and franchise tax exemption.
• Sales and use tax exemption on construction materials, equipment and software & hardware replacement.
• No sales tax on electricity used to operate a data center.
Available to new or existing industry customers with a monthly credit of $.01 per kWh for a five-year term.
Entergy is member of the Midcontinent Independent System Operator (MISO) – their day ahead energy market ensure the lowest cost generation, as well as enhanced reliability.
We have the ability and the structure in place to create and provide a competitive rate for data centers.
Across all sectors, Entergy Operating Company rates are 30% lower than the national average.
2001: Entergy was the first U.S. Electric Utility to voluntarily commit to stabilizing greenhouse gas emissions.
2019: Entergy announced a new goal to achieve a 50% reduction of CO2 emissions from our 2000 level by 2030.
2020: Entergy announced the largest utility-owned solar farm in the state of Mississippi. With a 100MW capacity, this emissions-free facility diversifies the fuel mix with renewable energy
Entergy has gone to “the grid” to identify sites that have the transmission and distribution capability, along with the reliability and redundancy required to power up to a Tier 4 data center.
Our commitment to growing communities continues by:
Responsible for developing, planning, and directing Entergy New Orleans Economic Development programs, activities, and policies to improve the economy in the company’s service territory. This also includes leading the strategic direction of the organization to develop profitable growth opportunities for Entergy New Orleans.
