The question of who should foot the bill for a new and controversial power plant is on hold. Upcoming hearings on whether Mississippi Power Co. should be able to get customers to pay for its Kemper County power plant have been postponed. The Mississippi Public Service Commission yesterday delayed prudency hearings from May 19 until […]
Tag Archives: Southern Co.
April 2, 2014
The cost of Mississippi Power’s controversial plant being built in Kemper County is rising again. The Southern Co. says it will cost at least another $177 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost above $5.2 billion The Atlanta-based parent of Mississippi Power Co. said yesterday […]
October 30, 2013
Cost overruns in construction of Mississippi Power’s Kemper County lignite coal plant so far this year have taken a nearly $800 million bite out of parent Southern Co.’s earnings. A cooler than normal summer across the Southeast further eroded earnings, the company reported in its third quarter earnings statement. Frequent rainfall combined with what Southern […]