Thursday, September 16, 2021

Play

Hundreds of wealthy Americans back the Biden Build Back Better Act; Roger Stone is served with a warrant on live radio; and family caregivers are in need of assistance.

Play

Virginia gubernatorial candidates debate; former federal prosecutor Michael Sussmann indicted for lying to FBI; lawmakers set to question oil industry over climate disinformation; and FDA scientists express skepticism over booster shots.

Play

Lawsuits stall debt relief for America's Black farmers; Idaho hospitals using "critical care" protocols; grant money boosts rural towns in Utah and more conservation acreage could protect the iconic sage grouse.

KY Regulators Rein In Utilities' Proposed Rate Hikes

Play

Monday, July 12, 2021   

FRANKFORT, Ky. -- The Kentucky Public Service Commission has rejected proposed rate hikes by Louisville Gas and Electric Company and Kentucky Utilities, instead setting new rate increases lower than what the companies had asked for.

Advocates called the decision a win for consumers.

Cathy Kuhn, executive director of the Metro Housing Coalition, explained the average bill of a typical customer will increase by around 7% per month, or an additional $8.

"We don't like to see any increase in our gas or electric rates, but we were very pleased to see that the increase was much less than what the company was initially asking for," Kuhn stated.

The companies also must comply with a so-called stay out provision, which prevents another rate increase from being implemented before July 2025. Several community groups were interveners in the case, including the Metro Housing Coalition, Kentuckians for the Commonwealth, and the Kentucky Solar Energy Society.

Charlotte Whittaker, volunteer state president of AARP Kentucky, said fifty-plus residents across the Commonwealth are already struggling with rising living costs and economic stability coming out of the pandemic.

She pointed out many residents couldn't have afforded the proposed 12% rate hike in their electric bills and 9% increase for gas.

"We have so many seniors that are on a very fixed income," Whittaker noted. "And it's a choice they will have to make. Do they not buy their medicine? Do they try to buy fewer groceries?"

Whittaker added over the last few months, AARP Kentucky has mobilized its volunteers to call on the Public Service Commission to carefully consider if the rate increase was reasonable.

Kuhn noted the commission also decided against raising the companies' basic monthly charge.

"Which is really the amount that customers pay regardless of how much energy they use," Kuhn explained.

The commission also approved a one-year economic relief surcredit totaling $38.9 million for LG&E's electric customers, $2.7 million for LG&E's natural-gas customers, and $11.9 million for K-U's customers.

Disclosure: AARP Kentucky contributes to our fund for reporting on Budget Policy & Priorities, Health Issues, Senior Issues, and Urban Planning/Transportation. If you would like to help support news in the public interest, click here.


get more stories like this via email
Oregon's Hispanic population grew 30% from 2010 to 2020. (Gstudio/Adobe Stock)

Social Issues

PORTLAND, Ore. -- Hispanic Heritage Month began this week, and will be celebrated through Oct. 15. Oregon has a rapidly growing Hispanic population…


Social Issues

SILVER SPRING, Md. -- As the Biden administration challenges a Texas law restricting abortion after six weeks of pregnancy, Planned Parenthood for …

Social Issues

CHEYENNE, Wyo. -- Social Security, the program credited with lifting 15 million older residents in Wyoming and across the U.S. out of poverty…


Arkansas' rental-assistance program has distributed funds to more than 3,200 households in the state. (Adobe Stock)

Social Issues

LITTLE ROCK, Ark. -- Arkansas has made some changes to its state rent relief program to make it easier to distribute assistance to residents…

Environment

SPRINGFIELD, Ill. -- The historic clean-energy bill signed into Illinois law yesterday includes measures from closing coal and natural gas plants by 2…

Indiana ranks 44th out of 50 states for bankruptcy. (Andriy Blokhin/Adobe Stock)

Social Issues

INDIANAPOLIS -- A new coalition is forming to push back against predatory lending and urge state lawmakers to take action to protect consumers…

Social Issues

HARRISBURG, Pa. -- More than 200 high earners have written a letter urging Congress to raise taxes to help support social safety-net programs that …

Health and Wellness

LINCOLN, Neb. -- Limiting women's access to abortion and other reproductive health care can have a devastating impact on state economies. According …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member and audience-supported news source since 1996 Copyright 2021