A nonprofit publication of the Kentucky Center for Public Service Journalism

PSC allows Jackson Energy to restructure rates; shift designed to stabilize, not increase, revenue

The Kentucky Public Service Commission (PSC) has allowed Jackson Energy Cooperative Corp. to restructure its rates by increasing the monthly residential customer charge while decreasing the cost per kilowatt-hour of electricity. In an order issued Monday, the PSC found that Jackson Energy’s proposed changes will not alter the utility’s overall revenue and will provide a steadier income stream in...