Residents of the Mississippi Gulf Coast must be breathing a sigh of relief with the news from the Southern Company in Georgia.
The MS Public Service Commission is investigating implementing an integrated resource planning (IRP) process for electric utilities. As described by the PSC, IRP is “a long range planning process that requires a utility to forecast it’s future energy demand and evaluate how that demand can most efficiently and cost-effectively be met.”
Bigger Pie Forum was approved Friday to participate in a docket with the Mississippi Public Service Commission that will decide how the commission reviews the future generation needs and capacity of the state’s two investor-owned utilities, Mississippi Power and Entergy.
Now that regulators have ruled in favor of ratepayers in Mississippi, the Southern Company needs some cash to cover its losses.
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.
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…