Chevron, Greenleaf CO2 Solutions and the U.S. Air Force have asked the state Public Service Commission to reject or lower a rate increase sought by Mississippi Power. The PSC on Thursday will consider an agreement between Mississippi Power and the PSC staff that calls for a 15 percent rate increase. The PSC earlier this … Continue reading Air Force, Chevron ask PSC to reject Mississippi Power rate increase
Pending approval by the Mississippi Public Service Commission, monthly bills for residential customers who use 1,000 kilowatt hours would fall from $100 to $93 in February. (A spokesperson) said Entergy has collected $48 million too much for natural gas in 2015, even after the earlier $46 million rate decrease. Under state law, utilities get … Continue reading Entergy rate reduction pending PSC approval
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 … Continue reading Kemper Plant Costs spiraling out of control.
Earlier this month, a blogger by the name of Eddie Curran divulged the details of an on-the-record conversation he had with Blanton. Curran spent much of his reporting and blogging career railing against Mississippi Power, which might explain why Blanton was so shockingly candid. If Curran’s account is true, Blanton’s motivations for securing a … Continue reading Is Thomas Blanton’s run for PSC an attempt to gut and takeover MS Power?
Mississippi Power reported Tuesday the estimated cost of the power facility in Kemper County rose another $25 million in July. The cost of the plant now stands at $5 billion. Read More
The cost of the Kemper County power plant is up another $45 million, Mississippi Power reported Tuesday. The latest increase brings the total cost of the plant to $6.17 billion. In its monthly status report to the Public Service Commission, Mississippi Power and its parent Southern Company said the additional costs are related to operational … Continue reading Here We Go Again: Kemper Power Plant costs to rise another $45 million.
With dreams of a biofuels revolution based in Mississippi seemingly wiped away for good amid mounting losses and questions from investors and regulators regarding being misled about the company's prospects, KiOR now finds itself not as Mississippi's latest business success story but its newest defendant. State officials have filed suit against KiOR's leaders and its … Continue reading Crony Capitalism: Mississippi taxpayers loan to KiOR for biofuels plant headed for a messy ending.
Gov. Phil Bryant has hired the former director of the Mississippi Department of Environmental Quality as a consultant. The contract with Trudy Fisher, dated Sept. 5, says she will advise the governor on energy policy, environmental and restoration policy and provide support in court cases. The agreement is good for six months and can be … Continue reading Gov. Bryant brings back former director of MDEQ Trudy Fisher as consultant on environmental policy.
Bernell McGehee, a Liberty accountant who owns mineral rights and publishes a website that tracks Tuscaloosa Marine Shale developments, said landowners in Louisiana can get better terms because rules there favor oil companies less. He wants Mississippi to reduce the leverage that oil companies have to force owners to sign leases, as well as stop … Continue reading Oil and Gas Board may change some drilling rules due to Tuscaloosa Shale speculation.
Southern Co. said Thursday 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 … Continue reading With latest delay and cost adjustment, Kemper plant now twice original estimates.