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Public Service Commission approves prudence finding for $47 million substation amid concerns over limited oversight
Summary
The Mississippi Public Service Commission approved a proposed order finding $47 million in costs for the Cosmo/Kosmos substation prudently incurred, while commissioners warned the Legislature's carve-out limits the agency's ability to review large-customer infrastructure and raised transparency and ratepayer-protection concerns.
The Public Service Commission on its March docket approved a proposed order finding that $47,000,000 in costs for phase two of the Cosmo (referred to in filings as Kosmos) substation were prudently incurred.
Miss Taylor, the commission staff presenter, told commissioners the review is narrow: "it's a very narrow ruling. It's it can't we're mandated to find that the costs are prudent unless a serious doubt is raised with respect to specific costs." She said staff and Bates White reviewed Entergy Mississippi's filing and…
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