Posts Tagged ‘CWIP’

Kemper Plant Update: MPC will ask commission for rehearing

Mississippi Power Company plans to ask the state Public Service Commission for a rehearing regarding its proposed $2.4 billion Kemper County clean coal plant. MPC will ask for the Commission’s permission to charge rate payers for plant financing costs before the facility produces electricity, a practice called putting Construction Work in Progress (CWIP) in rate […] [...]

New plant would more than double Miss. Power’s assets

Mississippi Power Company’s Kemper County lignite coal plant is the largest proposed addition to any electric utility rate base in state history. Financing it would require customers to pre-pay some of the company’s costs through Construction Work in Progress (CWIP) in rate base, which would be a first for Mississippi. The proposed plant would more […] [...]

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