South Ms. Electric Power Pulls Out of Deal with Kemper County Power Plant

Yesterday, South Mississippi Electric Power Association’s board voted to pull out of a deal to buy 15% of the $6.2 billion Kemper County Power Plant.
A SMEPA spokeswoman says they decided not to pursue ownership after a study showed the electricity from Kemper would cost more than previously planned because of rising construction costs.
SMEPA’s move comes days after the unit of Atlanta based Southern Co. had filed new rate plans with the state to pay for the share of the plant that would be shouldered by Mississippi Power’s customers.

Categories: Local News, News

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