Mississippi Power customers dodge $2.8 billion bill for Kemper technology

Mississippi Power Co. customers are off the hook. Atlanta-based Southern Co. said Wednesday it will absorb $2.8 billion in costs related to the Kemper County energy facility’s lignite coal gasification project. Southern, the parent company of Mississippi Power, said in a U.S. Securities and Exchange Commission filing Wednesday that cost recovery from Mississippi Power customers for the $7.5 billion plant’s gasification technology “is no longer probable.” So the utility will absorb the cost of the gasification portions of the plant and its adjacent lignite coal mine.