electricity

LG&E, KU Rates to Increase in 2013

Whitney Jones — Fri, 21 Dec 2012 14:11:30 +0000

The Kentucky Public Service Commission accepted a settlement increasing the base electric and natural gas rates for Kentucky Utilities Company and Louisville Gas and Electric Company customers. The rate increases take effect Jan. 1. The average monthly bill for a KU residential customer will increase around $5. LG&E electric customers can expect around a $4 increase and natural gas customers a $5.50 increase.

TVA Becoming Less Coal Dependent

The Associated Press and Angela Hatton — Mon, 08 Oct 2012 16:27:52 +0000

The Tennessee Valley Authority's reliance on coal has dropped and the use of natural gas as fuel to generate electricity has increased. The Commercial Appeal reports TVA's use of gas climbed 70 percent in the fiscal year ended September 30. At the same time, coal-fired generation declined 30 percent from fiscal year 2011.

W. Ky. Aluminum Smelter Could Close

Angela Hatton and The Associated Press — Mon, 20 Aug 2012 19:55:56 +0000

Nearly 700 employees at an aluminum smelter in Hawesville may lose their jobs because the power costs to operate the plant are too high. Century Aluminum Company says it gave a 12-month notice Monday to terminate its power contract with Big Rivers Electric Corp.

TVA Will Not Raise Electricity Rates for Customers

Shelly Baskin and The Associated Press — Thu, 16 Aug 2012 20:01:06 +0000

The Tennessee Valley Authority will keep electricity rates the same for customers in the coming fiscal year. TVA's board of directors voted today to approve an over eleven billion dollar budget without raising rate hikes for the fiscal year that begins October 1st. The federal utility provides electricity to 9 million people in seven states, including Kentucky and Tennessee. TVA CEO Tom Kilgore also announced at the meeting that he will be retiring after 6 years in the position.

TVA board to decide budget, power rates

The Associated Press — Thu, 16 Aug 2012 14:24:50 +0000

Electricity rates for Tennessee Valley Authority customers in seven states, including Kentucky and Tennessee, are on today’s agenda for the utility's board of directors.

TVA electricity: winter sales down, summer sales up

Associated Press — Fri, 03 Aug 2012 16:16:54 +0000

A 5 percent increase in electricity sales from hot weather this summer has boosted the Tennessee Valley Authority’s profits this quarter. But it wasn’t enough to offset the 5.9 percent drop that came with last winter’s mild patterns. TVA officials couldn't say whether they'd increase power rates at the start of the new fiscal year in October until after its board meets later this month.