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Kentucky Power asks PSC to reconsider some cuts made in recent rate case - Mountain Top Media
Summary by Mountain Top Media | | Pikeville, KY
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Kentucky Power asks PSC to reconsider some cuts made in recent rate case - Mountain Top Media
FRANKFORT, Ky. — Fresh off of receiving approval to raise rates, Kentucky Power is asking state regulators to reconsider parts of their decision, warning the current order could hurt the utility’s finances and reliability. On Feb. 28, the Kentucky Public Service Commission granted a rate increase that would generate an additional $55 million a year for Kentucky Power, after the company had requested $77 million. But in a motion filed Friday, the…
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