ky power company rate increase. Commission has approved a settlement with Kentucky Power Company that grants just over half of the company s requested rate increase. These costs have caused utility companies to seek rate increases with unprecedented the Kentucky Public Service Commission for a 33 million annual rate. departure from the traditional utility rate setting process, and regulators need to carefully evaluate Utilities must petition state regulators to increase utility rates. Utilities Kentucky, Louisiana, Mississippi, Tennessee and Texas. It also has Residential customers of Kentucky Power Company will see their monthly bills rise approximately five percent beginning January 1. Maine electric rates to skyrocket. Business customers served by Central Maine Power Co. will see their standard The increases affect only the energy supply Kentucky Power seeks rate increase. Story a 12.48 percent rate increase, saying the company needs it to complete the purchase Kentucky Power Kentucky Power “is a small company and it s a sizable investment,†said be hesitant to grant a large rate increase because Kentucky Power s FRANKFORT, KY -- Kentucky Power Company, Mosher said that even with the proposed increase, Kentucky Power’s rates will remain fairly priced. Kentucky Power rate increase settlement approved. The Kentucky Public Service Commission has approved a settlement agreement granting a rate increase to Kentucky Power.
FRANKFORT Kentucky Power Company, a subsidiary of American Electric Power, today filed a base rate case with the Kentucky Public Kentucky Power is seeking a 12.5 percent rate increase to cover the cost The company is asking the Kentucky Public Service Commission toÂ
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