Friday, January 2, 2009

PSC to hear comments on KU rate request

The Kentucky Public Service Commission (PSC) will hold its second in a series of public meetings Tuesday in western Kentucky to receive comments on the requests for rate increases by Louisville Gas and Electric Co. (LG&E) and Kentucky Utilities Co. (KU).

“These meetings offer an opportunity for the ratepayers who would be affected by any increases to speak directly to the commissioners,” PSC Chairman David Armstrong said. “We look forward to hearing those comments.’”

Tuesday's meeting will be in the health campus auditorium of Madisonville Community College, 750 N. Laffoon St, at 5:30 p.m. Other meetings will be Monday in Louisville, Thursday in Middlesboro and Jan. 12 in Lexington.

The application and related documents are available on the PSC Web site, psc.ky.gov. The case numbers are 2008-00251 (KU) and 2008-00252 (LG&E).

KU and LG&E are seeking to increase revenue from electricity sales by about 2 percent. An average KU residential customer would see an increase of $4.50 in his or her monthly bill, while the average monthly bill for an LG&E electric customer would increase by $5.20. LG&E is also asking for an increase of nearly 6 percent in gas revenues, which would increase the average monthly residential bill by about $11.

Persons wishing to comment on the proposed increases may do so at the meetings. Depending on the number of people wishing to speak, the length of oral comments may be limited.                                         

Written comments also will be accepted at the meetings. Written comments also may be mailed to the PSC at P.O. Box 615, Frankfort, KY 40602, faxed to (502) 564-9625 or e-mailed from the PSC Web site.

The evidentiary hearing in the case will be held at the PSC offices in Frankfort beginning Jan. 13. It will be open to the public, but there will be only limited opportunity for public comments. Written comments will be accepted through the conclusion of the hearing.
The PSC is an independent agency attached for administrative purposes to the Energy and Environment Cabinet. It regulates more than 1,500 gas, water, sewer, electric and telecommunication utilities operating in Kentucky and has approximately 100 employees.