Posts Tagged ‘Mississippi Power Company’

PSC asking for more information on Kemper coal plant

KEMPER COUNTY — Regulators say Mississippi Power Co. needs to submit more evidence that it has spent money prudently on the power plant it’s building in Kemper County. The state Public Service Commission voted 3-0 yesterday to require more information from Mississippi Power on the $4.75 billion it is spending to build the coal-fueled power […] [...]

Presley pushing to block MEI payment by Mississippi Power customers

JACKSON — Public Service Commissioner Brandon Presley is pushing to have $45,000 paid by Mississippi Power Company for membership to the Mississippi Energy Institute, a group recently promoting nuclear waste storage in Mississippi, excluded from payment by electric customers on the Gulf Coast. Presley raised the issue yesterday in the Commission’s regular business meeting in […] [...]

No timetable for replacing Leonard Bentz

Southern District Public Service Commissioner Leonard Bentz had not, as of Tuesday, sent Gov. Phil Bryant a letter noticing his resignation from the Mississippi Public Service Commission. It’s a matter of time before he does, Bentz said. Bentz was hired last week as the new executive director of the South Mississippi Planning and Development District, […] [...]

UPDATE: Leonard Bentz leaves post at Public Service Commission

Southern District Public Service Commissioner Leonard Bentz leaned into a radio reporter’s microphone Tuesday morning in his office, and sang the first few bars of Elvis Presley’s “Blue Christmas.” It wasn’t bad. For Bentz, it must have felt awfully good, even though he said the appearance of shedding years of coal plant-related stress was “just […] [...]

PSC’s Mississippi Power probe continues as regulators mull next move

An abrupt leadership change at Mississippi Power Co. spurred by the former president’s stonewalling the Mississippi Public Service Commission has regulators plotting their next steps. Southern Co.’s board of directors voted Monday to name G. Edison “Ed” Holland the utility’s new president. Holland replaces Ed Day, who was named president in 2010. Day has spent […] [...]

Ricky Nobile- May 24, 2013

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Is danger ahead for utility companies?

At one time telephone companies had monopolies providing landline telephones. Deregulation meant that telephone companies were split up, people could choose which company to get service from, and telephone companies lost their monopoly. Later, cell phones further disrupted the landline telephone company model. Could monopoly power companies be the next business model to be disrupted […] [...]

PSC approves multi-year rate plan for Kemper coal plant

Mississippi Public Service commissioners voted 2-1 last Tuesday to approve a multi-year rate plan for Mississippi Power Co.’s Kemper County coal plant. Terms of the plan call for the utility to receive $99 million in construction-work-in-progress funds for the rest of 2013. That will create a rate increase between 12 and 13 percent for residential […] [...]

Mississippi Power files Kemper rate recovery plan

      A multi-year financing plan for Mississippi Power Co.’s Kemper County coal plant took two steps forward last week. Gov. Phil Bryant signed bills that would give the Mississippi Public Service Commission authority to grant the utility permission to recover costs associated with the project over a number of years. Another bill allows […] [...]

Whether CWIP constitutes a tax takes up most of Kemper hearing in front of Supreme Court

Most of last Monday’s hour-long Kemper coal plant hearing at the Mississippi Supreme Court centered on two questions: If the Mississippi Public Service Commission allows Mississippi Power Co. to charge its ratepayers for the facility’s construction, will it constitute a tax, or will it simply be a rate assessment? If it is a tax, does […] [...]

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