“This will be very expensive even if it fulfills all the promises,” said Bigger Pie Forum Board Member Charles Grayson.
How much should Southern Co pay for their mistakes? The PSC will answer that question. Short of proving fraud or gross misrepresentations, it could take years to resolve. That would damage economic development in MPC’s rate area.
“Kelley Williams, chairman of the Bigger Pie Forum…said he suspects even the current estimate is a ‘low-ball number.'”
When talking about the Kemper Project clean coal power plant, it’s easy to get hung up on the plant’s capital costs, now up to nearly $6.9 billion.
Kemper flunks Economics 101. The PSC flunks Human Nature 101. Customers don’t want to pay more to make environmentalists happy – or to pay for the PSC’s and Mississippi Power’s mistakes. They shouldn’t have to.