PSC votes unanimously to deny Mississippi Power’s proposed rate hike

PSC votes unanimously to deny Mississippi Power’s proposed rate hike

Public Service Commissioners voted 3-0 Friday morning to deny a rate increase proposed by Mississippi Power Co. for the Kemper County coal plant.

The company had asked for a 13 percent rate increase that would have lasted until the end of 2012. In their denial, commissioners said they would not consider rate increases associated with the plant until litigation surrounding it is resolved by the Mississippi Supreme Court.

The Sierra Club, which has long fought the plant, currently has the issue before a chancellor in Harrison County.

Mississippi Business Journal
6/22/12