Mississippi power plant deal set to lower customers' rates

Posted: February 7, 2018 at 1:58 a.m.

Anthony Wilson, president of the Mississippi Power Co. (center), sits with company attorney Ben Stone (right) and Billy Thornton, a Mississippi Power Co. vice president, as they listen Tuesday to the Mississippi Public Service Commission approve a settlement declaring how much the power company’s customers should pay for their share of a troubled $7.5 billion Kemper County power plant.

Years of contention and threatened electric-rate increases ended Tuesday as utility regulators approved a settlement declaring how much Mississippi Power Co. customers should pay for their share of a troubled $7.5 billion power plant.

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