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TexasTowelie

(116,872 posts)
Thu Nov 16, 2017, 07:15 AM Nov 2017

Mississippi Power wants to raise rates by 8.5 percent

Mississippi Power on Wednesday filed two documents asking for a 4.5 percent fuel adjustment rate increase and another 4 percent to cover the cost of doing business.

The combined 8.5 percent increase has nothing to do with the Kemper energy facility, said President Anthony Wilson, but the timing is “unfortunate” given Mississippi Power’s date with the Mississippi Public Service Commission on Dec. 4.

That hearing in Jackson is to resolve the final issue with the Kemper County energy facility, and Wilson said he expects it to last about three days.

“Kemper is completely separate and aside,” he said. “There will be no further rate increases associated with Kemper. Period.”

Read more here: http://www.sunherald.com/news/business/article184855033.html

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