Posts Tagged ‘Kemper Plant’
Southern Company Shedding Assets to Cover Kemper Plant Losses
Now that regulators have ruled in favor of ratepayers in Mississippi, the Southern Company needs some cash to cover its losses.
Read MorePeak Idiocy
Peak idiocy is an apt description of the Kemper County Lignite craze that possessed a former governor, the Mississippi Public Service Commission before the last election, and other notables. I borrowed the term from a recent article in Investor’s Business Daily entitled “Goodbye, OPEC” which asked this question: “Doesn’t it seem like yesterday when the left was running around shrieking about ‘peak oil?’ More like peak idiocy.” Not just the left, it seems.
Read MoreA Conversation Starter for Changing Mississippi’s Regulation of Utilities
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.
Read MoreThe Public Service Commission vs the Attorney General
The Mississippi Legislature is choosing sides in the fight between Mississippi’s Attorney General and Public Service Commission. The fight is over $600 million of over-charges by Entergy Mississippi to its customers for high cost electricity from its sister companies in other states.
Read MoreKemper Has A Long Tail
Kemper has a long tail. Customers, PSC and MPUS must be patience and remain diligent.
Read MoreStanding Firm and Pushing Back: The PSC Tilts the Scales Toward the Consumer
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.
Read MoreWhere’s the Prosecutor – The Need for a Consumer Advocate
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?
Read MoreI Don’t Always…
I don’t always believe stories from Mississippi Power or from its parent Southern Company about the Kemper Lignite Plant. But when I do, it’s because I’ve been kidnapped, tortured, drugged, and forced to watch endless video loops of CNN and MSNBC and Chris Mathews.
Read MoreA Bigger Pie View – Southern Company Blues
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…
Read MoreThe PSC and the MRC
What do the Mississippi Public Service Commission (PSC) and the Mississippi River Commission (MRC) have in common? Both have presided over multi-billion dollar project failures.
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