Mississippi Power's Kemper Project

State Supreme Court orders Mississippi Power’s rate increase be refunded to ratepayers

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The Mississippi Supreme Court on Thursday reversed the March 5, 2013, rate increase granted by the Public Service Commission to Mississippi Power Co. and ordered the commission to direct that the money be refunded to ratepayers.

BY MARY PEREZ | meperez@sunherald.com | Twitter: MaryPerezSH | February 12, 2015

The Mississippi Supreme Court on Thursday reversed the March 5, 2013, rate increase granted by the Public Service Commission to Mississippi Power Co. and ordered the commission to direct that the money be refunded to ratepayers.

The rate increase was approved by the PSC to pay for part of the plant Mississippi Power is building in Kemper County.

The PSC also was to told to provide notice to ratepayers in any future proceedings dealing with rates and prudency hearings.

“Ratepayers should not be bound by decisions made by the commission, which do not comport with the laws of our state,” the order said. “This court will not condone the forced payments for rate increases not authorized by the act or existing law.”

Read more here: http://www.sunherald.com/2015/02/12/6067854_state-supreme-court-orders-mississippi.html?rh=1#storylink=cpy

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