Miss. High Court Denies Rate Hike For $3B Plant Amid Appeal

Law360, New York (August 2, 2012, 10:18 PM EDT) -- The Mississippi Supreme Court voted 8-0 Tuesday to deny a Southern Co. unit's bid to impose an interim rate hike while it appeals a local regulatory authority’s denial of a rate hike until litigation over its $2.88 billion coal gasification plant is resolved.

The state high court denied Mississippi Power Co.’s July 9 motion to implement an interim rate hike while it appeals the Mississippi Public Service Commission’s June 22 decision denying a rate hike in Kemper County, where the plant is being built, while litigation...
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