Public Service Commissioner Brandon Presley on Monday blasted Mississippi Power’s embattled and over-budget Kemper County coal plant, but noted the $4.3 billion project is “past the point of no return” and “too big to fail.”
“The decision has been made, and the train is on the track,” Northern District Commissioner Presley said. “I feel for those 185,000 customers on the Coast that are going to have to pay for this. Let’s hope it works.”
Presley spoke at the Stennis Institute of Government’s monthly press luncheon on Monday. Presley has often been the lone dissenting vote on the three-member commission as it has granted various approval for the “clean-coal” plant the company is building in Kemper County. The company had originally pledged to build the plant — much of which rate payers will finance — for $2.4 billion.