Kemper was a political decision in 2006 which legislative and regulatory processes have simply confirmed from 2009 all the way to the present, a mistake driven by a Federal grant tied to lignite gasification.
The PSC knowingly treating Kemper lignite gasification investment, operating and maintenance costs as a utility rather than the fuel factory they are, allowed Mississippi Power Co. (MPC) to play Three-Card Monte with customers as their mark.
Several experts with impressive backgrounds have filed testimony with the PSC prior to the November hearing to consider prudency for the Kemper turbines running on natural gas and putting those investments into MPC customer’s base rates.
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%
Company said Kemper COULD have a catastrophic explosion… But, not to worry… Summary by Charles Grayson | Bigger Pie Forum | October 24, 2014 Mississippi law established the Public Service Commission (PSC) with regulatory and quasi-judicial functions. The legislature also established the Mississippi Public Utilities Staff (MPUS) separate from the PSC. The primary functions of […]
The deadline has come and gone…What will happen to the rates? By Charles Grayson | Bigger Pie Forum | June 2, 2014 The Mississippi Power Company’s (MPC) retail customers Kemper rate increases were approved by the Public Service Commission March 5, 2013. The increases totaled 18%, 15% in 2013 and 3% in 2014, in a […]