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Tag Archives: Kemper Coal Plant

Moody’s cuts Mississippi Power rating despite rate increase

A look at the Kemper County Coal Plant from the top. The plant will be tasked with mining lignite coal a few hundred yards away from the plant. That coal is moved through a process that will convert it to syngas. The syngas is then used to drive the energy output of the plant, and the resulting electricity is then moved into the grid.

JACKSON — An emergency rate increase granted by regulators was not enough to keep a bond rating agency from downgrading Mississippi Power Co.’s debt. Moody’s Investors Service cut the debt rating FRIDAY on the unit of Atlanta-based Southern Co. by a notch to Baa2. The agency still rates Mississippi Power’s bonds as investment grade, but that’s the second-lowest investment grade ...

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PSC grants Mississippi Power interim rate hike

Public Service Commission chairman Lynn Posey, left, listens as Northern District Public Service Commissioner Brandon Presley stresses the need for accountability from Mississippi Power Company in issuing refunds or credits to customers after the commission voted to comply with a state supreme court order that found illegal the 2013 rate increase for the $6.2 billion power plant in Kemper County, Tuesday, July 7, 2015, in Jackson, Miss. In addition, the unit of Atlanta-based Southern Co. must roll back the 18 percent increase starting with the August billing cycle. Commissioners say they'll vote on a refund plan in August. (AP Photo/Rogelio V. Solis)

Associated Press State utility regulators agreed Thursday that Mississippi Power Co. needs more money immediately, granting the company an 18 percent rate increase that, while temporary for now, could become permanent by December. The Mississippi Public Service Commission voted 2-1 Thursday to allow the utility to raise rates starting with bills beginning Aug. 20. A residential customer who uses 1,000 ...

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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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BILL CRAWFORD: Blanton, court make higher rates likely for MPC customers

A look at the Kemper County Coal Plant from the top. The plant will be tasked with mining lignite coal a few hundred yards away from the plant. That coal is moved through a process that will convert it to syngas. The syngas is then used to drive the energy output of the plant, and the resulting electricity is then moved into the grid.

For years, communities, businesses, and consumers in southeast Mississippi have counted on Mississippi Power Company for far more than electricity. The company has been a valued partner in economic development projects, disaster recovery (especially after Katrina), fights to save military bases, and more. Further, company leaders frequently provide effective leadership for statewide initiatives.  »» READ: Thomas Blanton’s response to this ...

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DAVID DALLAS — Mississippi sunshine and the perfect storm

These Desoto solar panels are part of Entergy's small scale “Bright Future Solar Projects”

The perfect solar storm is hitting Mississippi. One that could have us all dancing and singing that Brady Bunch song, “Sunshine Day.” More solar panel manufacturing jobs have come to our state. Entergy Mississippi has developed a pilot project to collect better data for more efficient solar energy for its consumers. And our Public Service Commission is set to approve net ...

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ALAN TURNER — Glenn McCullough taking on the challenge of Mississippi’s economic development

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  This past week, we had the opportunity to meet with Glenn McCullough, the new head of the MDA, to discuss some of his thoughts and perspectives on energizing Mississippi’s economic development effort. A lifelong Mississippian who was born in Tupelo, Glenn is no stranger to either public or private business. After graduating from Tupelo public schools and Mississippi State ...

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Regulators order end to Kemper rate increase, plan refunds

A look at the Kemper County Coal Plant from the top. The plant will be tasked with mining lignite coal a few hundred yards away from the plant. That coal is moved through a process that will convert it to syngas. The syngas is then used to drive the energy output of the plant, and the resulting electricity is then moved into the grid.

JACKSON — Regulators on Tuesday ordered Mississippi Power Co. to lower rates later this month and plan for customer refunds by November. In issuing the order, the Mississippi Public Service Commission voted 3-0 to comply with a state Supreme Court order that found illegal a 2013 rate increase for the $6.2 billion plant. The unit of Atlanta-based Southern Co. must roll ...

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Regulators discuss Kemper refunds for Miss. Power customers

A look at the Kemper County Coal Plant from the top. The plant will be tasked with mining lignite coal a few hundred yards away from the plant. That coal is moved through a process that will convert it to syngas. The syngas is then used to drive the energy output of the plant, and the resulting electricity is then moved into the grid.

JACKSON — Mississippi regulators plan to discuss at a Tuesday meeting how to obey a state Supreme Court order to refund about $350 million that Mississippi Power Co. has collected from customers to build a power plant in Kemper County. The Supreme Court ruled in February that an 18 percent rate increase was illegal because regulators didn’t conduct hearings to ensure ...

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Court won’t reverse ruling on Kemper rate increase

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JACKSON — The Mississippi Supreme Court is sticking by its original decision finding illegal rate increases for Mississippi Power Co.’s Kemper County power plant. The court refused Thursday to reconsider its February ruling, despite requests from the power company, regulators and some business groups. That leaves standing an order to the Public Service Commission to reverse an 18 percent rate ...

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DAVID DALLAS — Kemper III: Return of the co-op

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Earlier last week, South Mississippi Electric Power Association (SMEPA) backed out of its partnership with Southern Company of Atlanta and its subsidiary, Mississippi Power Company (MPC). It was a bold step by the Board of SMEPA to protect rate payers but their decision creates even more problems for the embattled Kemper County Energy Facility. Southern Company’s “clean-coal” is new, untried ...

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