The Kemper power plant is 20 times more expensive per kilowatt than five natural gas plants recently acquired by Entergy and the Tennessee Valley Authority (TVA).
Imagine being forced to pay $70 for a gallon of gas from a government-sanctioned monopoly. That’s Kemper, the most expensive construction project in the history of Mississippi.
Last month, TVA spent $400 million to purchase a 774-megawatt natural gas plant in Southhaven.
Compare this to Kemper, which has cost $5 billion for a 500-megawatt lignite plant.