The PSC will now hire outside firms to audit Entergy and Mississippi Power whenever they come before the commission with a rate case to make sure the company is spending its money prudently on capital costs, salaries and other expenses.
Bigger Pie Forum commissioned a study of the structure of PSCs around the country. Among its many discoveries, the study found that Mississippi’s arrangement, which has an investigative staff that is a separate entity from the PSC, is unique among the states.
MPCO brazenly threatens recovery of all costs associated with the gasifiers, definitely not in the best interests of its customers. The PSC tilts the scales toward the consumer threatening a Show Cause Order which demands MPC prove the need of the Kemper Project in the first place or risk having the entire site closed resulting in total write offs of $7.6 billion.
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?