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Tag Archives: ratepayer

Kemper County plant's costs continue to rise; completion delayed again

KEMPER COUNTY — Southern Co. said yesterday that it will cost at least another $59 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost above $5.6 billion. The Atlanta-based parent of Mississippi Power Co. also announced that the work on the parts of the plant that will gasify lignite and extract chemicals ...

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PSC approves rate hike for Mississippi River Gas

FLOWOOD — Natural gas rates are going up for customers of Mississippi River Gas, LLC. The Flowood-based company serves almost 3,300 customers around Port Gibson, Fayette, Bogue Chitto, Tchula and Natchez. The Mississippi Public Service Commission approved the rate increases earlier this month. Customers will now have to pay a basic charge of $9 a month. Before now, there was ...

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Presley calling for investigation of electric power associations

JACKSON — Northern District Public Service Commissioner Brandon Presley wants the utility regulator to investigate whether some electric power associations are holding money they should refund to their member-owners. Presley, a Democrat, said yesterday that he plans to ask the Public Service Commission at its meeting today to launch a formal inquiry. Michael Callahan, CEO of the Electric Power Associations ...

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Kemper County power plant hearing postponed

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 at least August. Those hearings ...

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Court denies AG's motion to remand Entergy case to Chancery

JACKSON — The U.S. District Court for the Southern District of Mississippi has denied the state attorney general’s motion to remand a lawsuit against Entergy Mississippi Inc. and other Entergy companies to state Chancery Court, according to Entergy. Under the ruling, the lawsuit will continue to be addressed by the U.S. District Court. “We’re pleased with the ruling, but we ...

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TVA board meets — Kilgore retiring and rates to stay steady

NORTH MISSISSIPPI — Tennessee Valley Authority president Tom Kilgore is retiring. TVA announced that the board of directors has a process underway to recommend a new president and CEO. Kilgore announced his retirement at the end of the meeting. He will serve as the head of the federal utility until a successor is hired. Kilgore joined TVA in 2005. He ...

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Ratepayers watching closely as TV board meets to craft budget

NORTH MISSISSIPPI — Electricity rates for Tennessee Valley Authority customers in seven states are on the agenda for the utility’s board of directors. The board meets today in Knoxville and will vote on the budget for the fiscal year that begins Oct. 1. Part of the financial plan will be deciding whether to raise or lower the price that wholesale ...

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PSC pondering change to rate-setting policy

JACKSON — Northern District Public Service Commissioner Brandon Presley reports the Mississippi Public Service Commission (PSC) has opened an inquiry into whether reduced borrowing costs for electric utility companies and other factors should translate into lower rates for customers. The PSC voted 3-0 to open the inquiry. Presley said current rates were set when interest rates were much higher and ...

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Could better interest rates, sales offset Kemper plant cost overruns?

KEMPER COUNTY — Lower interest rates and higher sales of byproducts could allow Mississippi Power Co. to make up for higher costs at the power plant it’s building in Kemper County. Officials say customers won’t have to pay more to cover the plant’s cost, which has risen from $2.4 billion to more than $2.8 billion. Southern Co. won’t say how ...

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Mississippi Power appealing PSC's rate increase rejection

GULFPORT — Mississippi Power Co. asked the state Supreme Court yesterday to overturn regulators’ rejection of a rate increase. And while that appeal is going on, the company wants the high court to allow it collect the additional $55 million from customers. The unit of Atlanta-based Southern Co. would have to refund the money if the court rejects its appeal. ...

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