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...