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Approved Rate Increase for Kentucky Coop Less Than Expected

The Kentucky Public Service Commission (PSC) approved a $3.7 million rate increase for South Kentucky Rural Electric Cooperative Corporation (Kentucky RECC), less than half the amount originally applied for by the coop.  Residential and small commercial
April 12, 2012

The Kentucky Public Service Commission (PSC) approved a $3.7 million rate increase for South Kentucky Rural Electric Cooperative Corporation (Kentucky RECC), less than half the amount originally applied for by the coop.  Residential and small commercial customers will see an increase in monthly charges, but usage charges will remain the same.  Citing current economic strains on consumers, the PSC refused to grant a larger increase, which Kentucky RECC had planned to use for capital credit payments to member-owners.  Read more.

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