A publication of the Kentucky Center for Public Service Journalism

Public Service Commission orders credit for Delta Natural Gas customers to reflect federal tax cut

The Kentucky Public Service Commission has reduced the annual revenue of Delta Natural Gas Co. to reflect a federal tax cut, thereby lowering the base rate portion of the average monthly bill for residential customers. In an order issued Friday, the PSC approved a customer credit to reflect reduced federal corporate income tax rates that took effect at the first of the year. The credit will take effect...

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...