It’s not a fair fight. It’s not a fight at all because there is no one representing the little guy. Who should? The AG? He could, but he’s AWOL. Or a consumer advocate?
I don’t always believe stories from Mississippi Power or from its parent Southern Company about the Kemper Lignite Plant. But when I do, it’s because I’ve been kidnapped, tortured, drugged, and forced to watch endless video loops of CNN and MSNBC and Chris Mathews.
This piece from Seeking Alpha is designed to be the “chicken soup for the soul” for potential Southern Company investors. The piece says that the utility presently has the “blues” with billions in cost overruns for the Kemper Project coal gasification power plant…
What do the Mississippi Public Service Commission (PSC) and the Mississippi River Commission (MRC) have in common? Both have presided over multi-billion dollar project failures.
PSC to Southern: Keep and pay for the gasifiers and all related assets or keep and pay for the entire Kemper project including power generation.
A white flag, the prelude to surrender.
In a special PSC meeting, the commissioners conveyed a dramatic shift in their language from the previous years
Has Southern CEO Tom Fanning no shame? The Southern Co. Board of Directors is AWOL.
Mississippi Power cleverly disguised its requested increase. It said it was just keeping the earlier increase in place — even though it’s supposed to fall.
A protected monopoly with regulators who don’t regulate for the benefits of customers.