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Tag Archives: Ed Holland

Anthony Wilson named president of Mississippi Power

Mississippi power

JACKSON — New leadership is in place at Mississippi Power. On Monday, Anthony Wilson was named president of the company and on Jan. 1 he will take over the duties of Chief Executive Officer G. Edison Holland Jr. Holland will remain chairman of the company and continue to oversee the completion of the Kemper County energy facility, which is scheduled ...

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PSC to vote next week on Miss. Power rates, approves refunds

Ben Stone, an attorney with Mississippi Power Company, responds to a question by the Mississippi Public Service Commissioners, Tuesday, July 7, 2015 in Jackson, Miss. The commission voted 3-0 to comply with a state Supreme Court order that found illegal the 2013 rate increase for the $6.2 billion plant. The power company is to develop a refund plan by November for customers who want them. Commissioners say they'll vote on a refund plan in August. (AP Photo/Rogelio V. Solis)

JACKSON — State utility regulators plan to decide Mississippi Power Co.’s request for an 18 percent rate increase on Aug. 13. The three-member Public Service Commission set the next meeting Thursday, after taking testimony from company officials saying the unit of Atlanta-based Southern Co. urgently needs the additional $159 million a year from its 186,000 customers. Mississippi Power wants the ...

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Kemper County plant will cost at least another $496M to complete

KEMPER COUNTY — Southern Co. says it will cost at least another $496 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost above $6.1 billion. And, unlike other recent overruns, customers could have to pay $167 million of the charges if regulators agree. The Atlanta-based parent of Mississippi Power Co. pushed back ...

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Mississippi Power, Sierra Club reach settlement in Kemper plant case

KEMPER COUNTY — Mississippi Power will convert from coal to natural gas or retire several units at plants in south Mississippi and Greene County, Alabama, as part of an agreement to end litigation over construction of a coal-fired power plant in Kemper County. The company and the Sierra Club announced yesterday that they are ending the litigation. “The Sierra Club ...

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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 plant in eastern Mississippi. The ...

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Mississippi Power CEO talks about rate hike for Kemper plant

KEMPER COUNTY — Mississippi Power Co. CEO Ed Holland has told a Mississippi newspaper that if a 22 percent rate hike is approved to pay for its Kemper County power plant, the company won’t try to hit up customers for more. Holland told The Clarion Ledger in a meeting yesterday that shareholders will eat hundreds of millions in cost overruns ...

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Southern Co. shareholders to feel losses from Kemper plant

KEMPER COUNTY — Southern Co. shareholders will absorb $450 million in losses incurred while building a new coal-fired power plant in Mississippi, raising the total write-offs on the construction project to nearly $1 billion, utility officials said today. The utility announced the pre-tax write-off on its massive project in Mississippi’s Kemper County before releasing its second-quarter earnings Wednesday. Company officials ...

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