/Kemper coal plant construction now expected to go into 2017

Kemper coal plant construction now expected to go into 2017

Late Friday, the utility said that while it was possible for the plant’s commercial operation by its Dec. 31 in service date, it now anticipates another month of delay. In a U.S Securities and Exchange Commission filing, Mississippi Power said that this is “based upon the current status of commissioning activities” The project’s total cost is now estimated at $7 billion, more than two years late. Mississippi Power states in its filing that it is still testing the plant’s start-up and commissioning processes and is currently reviewing cost estimates. The filing estimates that each month’s delay will cost between $25 million and $35 million. This does not include future equipment or design problems that may occur. Mississippi Power Co. is a division owned by Southern Co. in Atlanta. It stated that shareholders would pay the extra costs incurred due to the delays and not customers.