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Tag Archives: Southern Company

Mississippi Power: Another month, another $99M for Kemper

Mississippi Power Co. said Monday that it needs one more month and another $99 million to finish its $7.2 billion Kemper County power plant. The subsidiary of Atlanta-based Southern Co. said in a stock filing that it has finished repairs from a March tubing leak. The company aims to have the plant fully running by April 30, completing work more ...

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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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Mississippi Power adds month, $62 million at Kemper plant

Mississippi Power Co. is adding another month to the construction schedule and another $62 million to the cost of the power plant it’s building in Kemper County. Atlanta-based Southern Co., the parent of the electrical utility, announced Monday that it’s pushing back the completion date from Oct. 31 to Nov. 30. Because every month’s delay prompts more construction and interest ...

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Kemper overrun reaches $81 million for second quarter

By JACK WEATHERLY As expected, Mississippi Power’s coal-gasification power plant has missed another deadline. The utility on Monday moved back the start-up of the commercial operation of the plant in Kemper County another month, till Oct. 31. Time delayed is cost accumulated. The latest postponement will add $43 million to the price tag on the plant, which originally was projected to ...

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Kemper plant succeeds in producing gas from lignite

By JACK WEATHERLY Mississippi Power has started producing synthetic gas using lignite at the Kemper County energy facility, the long-overdue and cost-overrun plagued project. “This is a major achievement for the Kemper project, and I am very proud of everyone who has worked safely and tirelessly to overcome challenges and reach this important point,” Mississippi Power President and Chief Executive Anthony ...

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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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Natural gas rates keep falling; Entergy lowers rates

JACKSON — Only months after Entergy Mississippi customers got a break on electricity bills because of falling natural gas prices, they’re likely to get another. Pending approval by the Public Service Commission, the unit of New Orleans-based Entergy Corp. expects to collect $75 million less in 2016 to pay for natural gas. For residential customers who use 1,000 kilowatts of electricity ...

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PSC grants Mississippi Power interim rate hike

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

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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