PSC could rule on Mississippi Power rate-hike request today
Published: June 22,2012
KEMPER COUNTY — A rate increase for Mississippi Power Co. customers could be approved today.
The Mississippi Public Service Commission will consider a request by the company to raise rates by $58.6 million over the last six months of 20102. That money would start paying debt costs for the $2.76 billion coal-fired power plant the company is building in Kemper County.
Filings with the PSC show that the average residential customer’s bill would go up $20 a month, if a majority of the three commissioners approve.
Average bills for the company’s 185,000 customers would be 15.7 percent higher over six months. On a yearly basis, bills would rise 7.8 percent.
The unit of Atlanta-based Southern Co. had originally requested a rate increase over all of 2012 worth $97 million, or 11.7 percent.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- WILLOUGHBY: Mayo Flynt leads AT&T Mississippi by enjoying both work and workers
- MARTIN WILLOUGHBY: Gary Herring building tomorrow by educating today
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- Hyatt-Place is Columbus’ newest hotel option
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters