A publication of the Kentucky Center for Public Service Journalism

PSC orders for-profit utilities to track federal tax savings in effort to pass savings on to consumers

The Kentucky Public Service Commission (PSC) has ordered for-profit utilities to track their savings under lower corporate tax rates that took effect yesterday, paving the way for those savings to be passed on to customers in the form of lower electric, gas or water rates. In two orders issued Dec. 27 the PSC noted that investor-owned utilities recover their federal tax expenses from ratepayers. Under...

State Public Service Commission approves sale of Winchester-based Delta Natural Gas Co. to PNG

The Kentucky Public Service Commission (PSC) has approved the sale of Delta Natural Gas Co. to PNG Companies LLC. Delta is headquartered in Winchester and serves about 39,000 customers in 23 counties in eastern and central Kentucky. It is the smallest of Kentucky’s five major local natural gas distribution companies. PNG, which is based in Pittsburgh, distributes gas to about 700,000 customers through...