Dive Summary:

• Mississippi's Supreme Court ruled on Tuesday that Mississippi Power Co. may not raise rates while its price hike appeal is being considered.
• Mississippi Power wants to increases rates to generate more than $55 million, costing average residential customers about $20 more per month.
• The company is arguing that regulators previously pledged to allow it to collect money from 185,000 customers to cover costs from a $2.8 billion coal-fired power plant in Kemper County.

From the article:

The state Supreme Court ruled Tuesday Mississippi Power Co. can't raise its rates while appealing the denial of a price increase by the Public Service Commission.

The court's ruling was 8-0 against Mississippi Power. Chief Justice Bill Waller Jr. didn't vote. ...