A publication of the Kentucky Center for Public Service Journalism

PSC completes tax-related changes to Kentucky Power Co. rates; residential monthly bills to decrease

The Kentucky Public Service Commission has completed its review of the effect of federal corporate income tax reductions on the rates of Kentucky Power Co. and ordered further reductions of those rates. In a pair of orders issued last week, the PSC approved changes that will have the net effect of reducing an average monthly residential bill by $5.90 for the remainder of 2018. The rates approved today...

LG&E, KU to seek PSC approval to install 1.3 million advanced meters in all service territories

Louisville Gas and Electric Company and Kentucky Utilities Company announced today that, after months of meetings with representatives of customer groups, they plan to ask the Kentucky Public Service Commission for approval of a “Certificate of Public Convenience and Necessity” to install 1.3 million advanced meters across the utilities’ service territories. Advanced meters offer customers near-real-time...

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...