Mississippi Supreme Court denies Mississippi Power petition

Mississippi Supreme Court denies Mississippi Power petition

The state Supreme Court says Mississippi Power Co. can’t raise its rates while appealing the denial of the price increase by the Public Service Commission.

The court ruled 8-0 against Mississippi Power Tuesday. Chief Justice Bill Waller Jr. did not participate.

Mississippi Power is seeking a total rate increase of more than $55 million. It would cost the average residential customer about $20 a month more.

AP
7/31/12