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 PSC OKs Duke Energy Kentucky to deploy smart meters; some customers may opt out

The Kentucky Public Service Commission (PSC) has approved a request by Duke Energy Kentucky to begin a system-wide replacement of old electric and natural gas meters with advanced meters that can be read remotely. Under an agreement Duke Kentucky reached with the Kentucky Office of Attorney General, customers who do not wish to receive an Advanced Metering Infrastructure (AMI or “smart”) electric...