More Overruns Plague Kemper Co. Coal Plant

Mississippi Power Co. says it will spend another $61 million on its overrun-plagued Kemper County power plant, pushing its total cost above $6.7 billion.

Although the unit of Atlanta-based Southern Co. will absorb $35 million of the cost, customers could pay for $26 million in interest if the Mississippi Public Service Commission eventually approves.

WTOK
4/26/16