Mississippi Power said Tuesday it still expects the startup of the Kemper lignite plant in the first half of 2016 — but not by April 19, which means the company will have to return $234 million in tax credits to the IRS.
Mississippi Power President and CEO Ed Holland told the Sun Herald it’s possible but not probable the plant will be operational by that date. He still expects it to be running by June 30.
“We will know much more by the end of October,” he said. Updates to the projected in-service date and cost estimates are expected in the report that will be filed by the end of October.
For customers worried about what the continued spikes in the cost of construction and startup of the energy facility will mean to their bills, Mississippi Power’s August status report to the state Public Service Commission is not encouraging.