PSC Says No to Mississippi Power Increase

By: The Associated Press
By: The Associated Press

The Mississippi Public Service Commission Friday denied Mississippi Power Co.'s request for a rate
increase to help pay for a power generating plant.

Southern District Commissioner Leonard Bentz says he doesn't want to grant a rate increase until the state Supreme Court rules on litigation surrounding the $2.76 billion coal-fired plant in
Kemper County.

The denial likely means Mississippi Power will get none of the $58.6 million it had requested for 2012 to pay debt on the plant's construction.

Filings with the PSC show that the average residential customer's bill would've increased $20 a month.

Average bills for the company's 185,000 customers would've been 15.7 percent higher over six months. On a yearly basis, bills would've risen 7.8 percent.

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  • by Anonymous on Jun 24, 2012 at 12:05 AM
    well gee jolly gosh-praise the lord-praise the lord johnnie for the delayed increase
  • by Waterman on Jun 22, 2012 at 09:01 PM
    This just means it will go up $30 in a few months. Deals have to be made and people paid. I do have a couple of questions. How much decrease will the 185,000 customers get when the plant is up and running? I'm betting NONE. Why did we need this power plant to began with? Better service and to reach new customers. While let the new customers pay for this plant and all its out of state and country workers.
  • by Thomas Location: Meridian on Jun 22, 2012 at 06:57 PM
    I agree with Msmiss...Praise the Lord! And thank you PSC for no increase now!
  • by southerngentlemen on Jun 22, 2012 at 04:10 PM
    No need to praise anyone, msmiss. As the story said, theyre only waiting until the court rules on the mpc case before them before allowing the increase. Its coming, its just delayed a little.
  • by Msmiss Location: Meridian on Jun 22, 2012 at 03:59 PM
    Praise the lord! :)
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