Mississippi Power Will Increase Rates to Pay for CO2 Capture Coal Plant

Mississippi Power files for price increase

MELISSA M. SCALLAN – mmscallan@sunherald.com

Mississippi Power has filed documents with the Public Service Commission to raise rates to its customers for 2012, the company said today in a press release.

The power company is asking for an 11.35 percent price increase, said company spokeswoman Cindy Duvall.

Duvall said Mississippi Power made three separate filings late Tuesday. Two were for increases and one was for a decrease in fuel costs. The majority of the increase is for the plant under construction in Kemper County.

“This is the financing cost while the project is under construction,” Duvall said. “These costs are being covered up front. It would be significantly higher if we waited until the plant is completed.”

The PSC will decide if and when the price increases go into effect.

Read more: http://www.sunherald.com/2011/11/16/3578486/mississippi-power-files-for-price.html#ixzz1dti9ZLFr

Advertisements

About Mississippi Coal
Welcome! It is an honor to have a moment of your day. We are in favor of all forms of energy. We care about the future of this great Nation and seek to expose the corruption behind the Kemper County CO2 capturing experimental Lignite coal Demonstration unit. Our Chief complaint is that the rate payers pay for it in their electric bills. The CO2 capturing does not produce electricity so therefore serves no purpose for the ratepayers. It is a money scam for Mississippi power and Southern Company. Mississippi is first in following the (United Nation's Agenda 21) Kyoto Protocols for the regulation of carbon dioxide, a gas we breathe out of our lungs, by forcing the people to pay for it through energy bills and taxes. Through the process of investigating the Kemper County Coal Plant issue, we feel criminal acts have been committed and that soon FCC violations will be added to the offenses. People are being lied to, deceived, or misled and therefore are fully cooperating with this Lignite experiment. "This blog or any content may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of political pathways, Constitutional infringements, democracy, science, and other issues. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. This material is compiled and distributed without profit. This blog does not always agree with certain personal views or agendas of the published authors, but we will overlook such views many times in order to present facts, conclusions, and connections for knowledge or clarification. We hope you gain from this critical subject matter of the article/op-ed."

One Response to Mississippi Power Will Increase Rates to Pay for CO2 Capture Coal Plant

  1. The PSC should look out for the citizens of the state and deny the rate increase. They will if they haven’t been paid off, but I’m guessing that payoff was already made.

    Mississippi Power is already building the plant. This means they will, relatively shortly, have more power output capacity. This means their customers can USE more power. More use means more income. Since rates are already set so that they are profitable, when power use increases, income increases.

Do you have a question comment or information please reply.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: