A publication of the Kentucky Center for Public Service Journalism

Public Service Commission cuts KU, LG&E bills to reflect tax changes; bills to decline by six percent

The Kentucky Public Service Commission (PSC) has reduced the total annual revenue of the Kentucky Utilities Co. (KU) and of Louisville Gas & Electric Co. (LG&E) by $203.8 million to reflect the reduction in federal corporate income taxes that took effect at the first of the year. As a result of the revenue reduction, KU and LG&E residential electric customers will see their average monthly...

KY PSC decision reduces total burden on Kentucky Power Co. residential ratepayers through 2018

The Kentucky Public Service Commission (PSC) has trimmed by about four-fifths of a base rate increase sought by Kentucky Power Co., and has substantially scaled back the company’s demand-side management (DSM) programs and the customer surcharges that pay for those programs. The net effect of the two orders issued Thursday will be that residential customers using the same amount of electricity will...

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...

PSC fines Kentucky Power $2,500 for safety violation contributing to death of a tree trimmer in 2015

The Kentucky Power Co. has paid a $2,500 fine to the Kentucky Public Service Commission (PSC) for a safety violation contributing to the July 2015 death of a tree trimmer working to clear vegetation from the utility’s lines in Greenup County. In an order issued Thursday, the PSC has closed the case. The fatal accident occurred on July 9, 2015, when Tony Craig, an employee of Kentucky Power contractor...