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Tag Archives: Mississippi Power

Mississippi Power rates fall as Katrina repair bonds repaid

Mississippi Power Co. customers will see rates fall by $3.45 a month starting with bills sent out in late February. Regulators voted Tuesday to abolish a flat monthly charge after it paid off $121 million in government bonds. The borrowing helped pay to rebuild the company’s electrical system after 2005’s Hurricane Katrina. Residential customers who use 1,000 kilowatt hours of ...

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Regulators delay vote on Mississippi Power coal ash plan

Mississippi utility regulators aren’t quite ready to vote on an $82 million plan for Mississippi Power Co. to close coal ash disposal areas in Gulfport. The Public Service Commission Tuesday delayed action on the plan until at least Dec. 15, questioning whether rules might change under incoming President Donald Trump. Mississippi Power, a unit of Atlanta-based Southern Co., says it’s ...

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Report warns of possible tax subsidy for Kemper plant

A report released Tuesday warns Congress against tax changes that could subsidize Mississippi Power Co.’s Kemper County power plant by an additional $700 million to $4.5 billion. Environmental group Friends of the Earth and anti-subsidy group Taxpayers for Common Sense say members of Congress could try to enact changes before year’s end as part of a larger tax bill. Lukas ...

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SAVING HOUSE MONEY — Energy programs provide ‘moral high ground to dance on’

By BECKY GILLETTE Palace Casino Resort in Biloxi has reduced its exterior lighting energy use by 80 percent by switching 563 fixtures to LED lights. That represents dropping from 866,589 kilowatt-hours per year to only 176,281 kilowatt hours per year of usage. The Palace also replaced interior lighting with LED, light emitting diode bulbs. Not only is the Palace Casino doing ...

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Mississippi Power adds $9 million to Kemper cost

Associated Press Mississippi Power Co. says it will spend another $9 million on its overrun-plagued Kemper County power plant, pushing its total cost toward $6.8 billion. The unit of Atlanta-based Southern Co. will absorb the cost, part of $2.5 billion it’s absorbing. Southern Co. will write off $38 million before taxes from its quarterly earnings, which will be announced Wednesday. ...

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Mississippi Power: SEC investigating Kemper project

The federal agency tasked with protecting investors has opened an investigation into the estimated costs and schedule of Mississippi Power Co.’s overrun-plagued $6.7 billion Kemper County power plant being built in Mississippi. In a filing Thursday with the Securities and Exchange Commission, the unit of Atlanta-based Southern Co. said it believes the inquiry is focused primarily on “periods subsequent to ...

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Update: Five years in the making: PSC adopts net-metering rule

By JACK WEATHERLY The Mississippi Public Service Commission took its time – five years – to develop and adopt a rule for “net metering,” which will allow homeowners and businesses to produce their own power and sell it to electric utilities. The agency established a docket in 2010, commissioned an independent study and filed it in September of 2014, on ...

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Solar projects approved for Mississippi Power

MBJ staff The Public Service Commission unanimously approved on Tuesday three solar power projects that will produce just over 105 megawatts of electricity for customers of Mississippi Power Co. Mississippi Power ratepayers will not bear any costs in the construction of the plants, which will be located in Hattiesburg, Sumrall, and Gulfport. Mississippi Power expects the plants to ultimately help ...

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Most said to want Kemper refund checks, not credits

  Associated Press The unit of Atlanta-based Southern Co. said Monday that 110,000 customers had contacted it by Friday to ask that refunds be issued as checks, not as bill credits. Customers who didn’t request checks will automatically get credits. The state Supreme Court ordered Mississippi Power in February to refund about $377 million to its 186,000 customers — money ...

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Father of state Republican Party, Clarke Reed, supports Democrat

My name is Clarke Reed. I am from Greenville. I am the second State Chairman of the Republican Party in modern times and have been active in Republican leadership roles since the early ‘60s. For the first time in my 87 years, I am supporting a Democrat, Thomas Blanton, Democratic candidate for Public Service Commission in the 3rd District. This ...

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