Regulators delay Mississippi Power request to raise rates

July 18, 2015 2:21 PM

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Mississippi Power Co. won't be allowed to charge higher rates as soon as it wanted to help pay for a $6.2 billion power plant in Kemper County.

In an order filed this week, the Mississippi Public Service Commission said it would hold a hearing Aug. 6 on the company's request to raise rates by 18 percent to pay for $1.1 billion in assets that Mississippi Power says are already in commercial service at the Kemper site.

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