A white flag, the prelude to surrender.
U.S. taxpayers could be joining Mississippi Power ratepayers on the hook for the soaring costs of the Kemper Project clean coal power plant.
“Other local heroes include the Sierra Club, Brett Wingo (the former plant manager who became a whistleblower), Steve Wilson at WatchDog.org and the folks at BiggerPieForum.org who have helped make transparent the ever-escalating costs of this fiasco.”
Mississippi Power Co. is trying again for a rate increase to help pay for the $6.2 billion power plant it’s building in Kemper County.
Regulators on Tuesday ordered Mississippi Power Co. to lower rates later this month and plan for customer refunds by November.
Mississippi Power’s Kemper County Lignite Plant holds the record for the most expensive 500 MW power plant ever. Over $6 billion. And it’s not done yet and hasn’t run. Think its CEO is sweating?
The future of the most expensive fossil-fuel power plant ever built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to the clean-coal project.