Electrical cooperative pulls out of Kemper power plant deal

May 21, 2015 3:45 AM

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Electrical cooperative pulls out of Kemper power plant deal

The entity that procures power for many Mississippi electric cooperatives says it is pulling out of a deal to buy 15 percent of the $6.2 billion Kemper County power plant.

South Mississippi Electric Power Association spokeswoman Sara Peterson says SMEPA's board voted Wednesday to end pursuit of an ownership interest. That after the association's staff did a study showing that electricity from Kemper would cost more than previously planned because of rising constructio...

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