US regulators have reached a settlement with Mississippi Power on the split of the remaining costs associated with the troubled $7.5 billion Kemper County power plant – once intended as a pilot coal gasfication plant before developers pulled the plug over technical issues. After months of quarrels at court, Southern Co. agreed to lower the price tag on the project by $85 million to $853 million, lowering the burden on ratepayers.
|Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here