Mississippi Power Customers Could Pay $20 More Per Month

By: The Associated Press
By: The Associated Press

Regulators meeting Friday could allow Mississippi Power Co. to collect an additional $58.6 million in the last six months of 2012.

That would start paying for the $2.76 billion power plant the company is building in Kemper County.

Filings with the Public Service Commission show that the average residential customer's bill could go up $15 to $20 a month, if a majority of three commissioners approve.

It's unclear whether commissioners will vote Friday or later.

The increase would be crammed into six months, pushing average bills for all users 15.7 percent higher in that period.

PSC staff members have proposed that commissioners cut the overall rate increase by $3.3 million, to $55.3 million.

The company has already spent $1.4 billion on Kemper, about half of which is borrowed.

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  • by Scott Location: Meridian on Jun 21, 2012 at 09:20 AM
    Here's a question for Mississippi Power. And I would like a response. WHO IN ____ _____ IS GOING TO GIVE ME THE $20 DOLLARS TO GIVE TO YOU! I know I didn't tell ya,ll to build that plant.
  • by Anonymous on Jun 21, 2012 at 07:21 AM
    Don't they understand that people are already struggling to pay there utility bills as it is and what about people on fixed income like our elderly citizens.They really need to come up with another idea. Electric bills are already high enough!!
  • by jr on Jun 20, 2012 at 04:31 PM
    Meanwhile most all other power companies are lowering their rates.
  • by ms scott Location: meridian on Jun 20, 2012 at 03:59 PM
    it dont make any sicne that the bills goin up cute it out
  • by Ed on Jun 20, 2012 at 09:01 AM
    Sounds like a Republican Paradise for 2 of the PSC Commissioners. Get ready to be fleeced by the corporate monopoly consumers.
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