Southern Company (SO) is playing the CWIP game of charging customers for electricity they won’t for years with coal in Kemper, Mississippi, not just with nuclear at Plant Vogtle in Georgia. Maybe we should elect some new Georgia Public Service Commissioners so we won’t see the kind of behavior Mississippi’s PSC has turned to.
Cassandra Sweet wrote for Dow Jones and WSJ 25 July 2012, 2nd UPDATE: Southern Co. Second-Quarter Profit Up as Economy Improves,
The company is proceeding with construction of a $2.88 billion advanced-coal plant in Mississippi, despite a decision last month by state regulators to deny a $55 million rate increase the company requested while a related court case is pending. The company’s Mississippi Power unit has filed an appeal of that decision with the state Supreme Court, and argues that without the rate increase it won’t be able to cover certain project expenses that could boost its customers’ future costs.
Mississippi’s Public Service Commission actually denied that rate increase, partly due to opposition from AARP, Sierr Club, and other concerned organizations and citizens. Imagine Georgia’s captive PSC doing that! Mississippi Power took it all the way to the MS Supreme Court, challenged by MS Sierra Club, and that Supreme Court also denied the rate increase. According to MS Sierra Club:
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