AP – Miss. Power wants rehearing on coal-fired plant

AP – Miss. Power wants rehearing on coal-fired plant

JACKSON, Miss. (AP) – Mississippi Power Co. will ask state regulators to reconsider conditions they placed on the utility for building a coal-fired generating plant in Kemper County.

The Public Service Commission last week approved the plant application but with a lengthy set of conditions — conditions that Mississippi Power said after the decision would make it impossible to finance or construct the plant.

The three-member Mississippi Public Service Commission voted 2-1 in favor of proposal, detailing its decision in a 50-page document.

The most significant condition was a $2.4 billion cap in the amount of construction costs the company would be able to charge to rate payers.

AP
4/4/10