Dive Summary:

• Southern Co's Mississippi Power announced the departure of CEO Ed Day as unresolved controversy brews over the Kemper coal-gasification plant under construction in Mississippi. The company has appointed G. Edison Holland to replace Day.
• Tommy Anderson, Mississippi Power's vice president of generation development and manager of the Kemper project, will also depart the company.
• The plant’s expenses which total more than $4.2 billion and a breakdown in communication with the Mississippi Public Service Commission has made for bad business.

From the article:

“Mississippi Power's 185,000 customers saw bills jump 12-percent, or nearly $19, on an average monthly bill, tied to early recovery of Kemper costs.”