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Tag Archives: Mississippi Power Company

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 by new technology? Could energy ...

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Reed says GOP officials were 'duped' by MPC

By political columnist Bill Minor You’d hardly expect to hear a diehard Reagan-era Mississippi Republican sharply criticizing a big utility company for building a costly, unneeded — and experimental — generating plant with endorsement from state GOP leadership. Well, it has happened. Clarke Reed, of Greenville, pioneer of the state’s modern GOP, has spoken out against the controversial $4 billion ...

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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 customers who use 1,000 kilowatt-hours ...

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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 Mississippi Power to issue bonds ...

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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 it render the Baseload Act ...

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Kemper rate mitigation bill similar to 2009 Georgia law

Four years ago, lawmakers in Georgia’s General Assembly approved a bill designed to lessen the rate shock for Georgia Power Co. customers related to the utility’s construction of nuclear power units. Mississippi lawmakers are considering a similar bill for Mississippi Power Co.’s Kemper County coal plant. >> Read complete story here …  

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Sierra Club: Poll shows customer opposition to rate hikes via Kemper coal plant

The Sierra Club was supposed to release last Thursday the results of a poll meant to gauge Mississippi Power Co. ratepayers’ attitudes toward the Kemper County coal plant. The environmental group delayed the results because of a hearing in which the Mississippi Public Service Commission reached a rate case settlement with the utility. >> Read the rest of the story ...

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Costs at coal plant won’t rise, union says

If Mississippi Power Co. successfully defends its Kemper County coal plant from litigation that seeks to invalidate it and the facility eventually opens, workers from two labor unions will have played a big role in getting it operational. General laborers and craftsmen are among the membership from the Central Mississippi Building and Construction Trade Council and the Mississippi chapter of ...

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PSC to ask utilities to extend small business incentives

The Mississippi Public Service Commission’s December meeting will likely contain an agenda item meant to encourage a handful of utility companies in the state to extend incentives for their small business customers. Mississippi Power Co., Entergy Mississippi and CenterPoint Energy Resources all offer some kind of incentives or payment modification plans to small businesses that are set to expire Dec. ...

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