On Thursday, the PSC accepted a settlement in a rate increase request by KU and Louisville Gas and Electric Co. (LG&E), both subsidiaries of E.ON-US, that leaves electric rates for customers of essentially the same while increasing natural gas base rates for customers of LG&E.
A typical KU residential customer using 1,000 kilowatt hours per month will see an 11-cent increase in the monthly bill. A kilowatt-hour is the amount of electricity used by a 100-watt light bulb in 10 hours.
The approved rate increase began today.
