Archive | Kemper

Photo Credit: Mississippi Power

What should be done with Kemper plant?

The Clarion Ledger selectively cut and pasted my article, It’s still a good idea, to change the message. It seems as though the Clarion Ledger buried the point that customers should only pay for the turbines on natural gas ($800 million) and omitted entirely the point that the company should pay for the gasifier ($5.4 […]

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Photo: Shannon Stapleton/Reuters

Why Uber Drives the Left Crazy

Kemper and NYC yellow taxis have something in common. “Government-enforced cartels fall faster and harder to disruptive innovation than most businesses. When change comes, it is more dramatic than in industries that already have competition.” Fracking is a disruptive innovation that makes natural gas and electricity cheap. The Kemper lignite plant is a wanna’ be […]

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UP, UP AND AWAY: The Kemper Project’s costs have ballooned to more than $6.2 billion.  Mississippi Power Photo

Mississippi Power files Kemper refund plan with regulators

The power company filed a court-ordered plan Tuesday with the Mississippi Public Service Commission on how it will refund money billed to customers since 2013 to help fund the controversial Kemper Project integrated gasification power plant, now billions over budget and two years behind schedule.

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Mississippi Power Company’s 2014 Retail Customer Breakdown

  Mississippi Power Company’s 2014 Retail Customer Breakdown Dollars and KWH (Millions) Revenue KWH Residential $239 30.1%         2,126 21.3% Commercial 257 32.3%         2,860 28.7% Industrial 291 36.6%         4,943 49.6% Other 7 0.9%               41 0.4% Total Retail $795 99.9%         9,969 100.0%      

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Photo Credit: Mississippi Power

It’s still a good idea

Bad news for Mississippi Power. Good news for its customers. The Mississippi Public Service Commission met recently to implement the Mississippi Supreme Court’s orders issued six months ago to rescind the 18% rate increase and refund the $350 million the company illegally collected for its Kemper lignite project.

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