KU to ask PSC for rate increase Print E-mail
Written by -Chuck   
Friday, 04 July 2008


Kentucky Utilities has announced that it will ask state regulators for a rate increase that could push a residential customer's bill up by 7.3 percent.

If approved by the Public Service Commission, the average customer, using 1,000 kilowatts, would pay $4.50 more a month.

The overall money collected by the company . its base rate . would increase by 2 percent. Officials stressed that specific rates for classes of customers still are being calculated.

The Lexington-based company's last increase, 6.4 percent to the base rate, was in 2004.


Posted originally: 2008-07-04 10:18:00

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