Rates are likely going up in the near future on your bills from Louisville Gas & Electric and Kentucky Utilities. But if there s a silver lining, it could have been worse.
Louisville Metro and other groups that opposed the energy companies initial rate increase proposal since it was filed last year reached a settlement with LG&E and KU late Monday afternoon. The deal came a week ahead of a hearing with the Kentucky Public Service Commission, which will approve or deny the bid, and the new rates could be in effect this summer.
While Jefferson County Attorney Mike O Connell called the settlement a win for everyone in Louisville, the deal will still have an impact on anyone in the city who pays an electric bill which, last time we checked, covers a significant number of people. Here s a closer look at the numbers behind the settlement and what LG&E customers can expect.
2021 Derby Diversity & Business Summit will Feature Three Days of Business Intersecting with Diversity from Louisville, Los Angeles, and Philadelphia, April 27 - May 1
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Annual Diversity Conference Offers Both In-Person & Virtual Sessions to Celebrate Equity Champions & Connect Diverse-Owner Businesses in Advance of Kentucky Derby
“Bringing all groups together intentionally enables our members, community, and corporate allies to have honest dialogues and conversations about our differences, as well as our similarities, to strengthen solidarity across race, gender, age, and ability. - DDBS Founder Tawana Bain LOUSIVILLE, Ky. (PRWEB) April 20, 2021 The Derby Diversity Business Summit (DDBS) brings together the world’s top suppliers, executives, and business leaders inclusive of ALL diverse groups (Minority, Women, LGBTQ, Veteran & Disabled) to network, develop, and enjoy the Kentucky Derby. Guest
LG&E and KU reach settlement agreement in rate review
Credit lowers initial impact; at least four years before next review; basic service charge remains flat.
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LOUISVILLE, Ky., April 19, 2021 /PRNewswire/ Louisville Gas and Electric Company, Kentucky Utilities Company and more than a dozen parties to the utilities current rate review, have reached an agreement that helps the utilities continue to provide safe and reliable energy at some of the lowest costs in the nation. The agreement was filed today with the Kentucky Public Service Commission for their consideration in resolving the review.
Apr 10, 2021
Two providers of electricity to local homes and businesses are seeking permission from the state to increase their rates.
East Kentucky Power Cooperative (EKPC), which generates and transmits wholesale electricity to 16 electric co-ops including South Kentucky RECC, filed its application last Thursday with the Kentucky Public Service Commission (PSC). If approved, SKRECC projects their own rates would increase by about $3.99 or 3.76 percent per month for the average residential member.
With the EKPC filing, SKRECC has also filed an application with the PSC detailing how the adjustment would be passed through its monthly bills to the membership. SKRECC officials note that any additional revenue from this rate increase will go to EKPC, not South Kentucky RECC.
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Vistra Backs Illinois Transition Measure to Keep At-Risk Coal Plants Online Through 2025
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