Ice Storm Costs Kentucky Power Companies Millions
Murray, KY – Kentucky residents will soon face higher power bills to help pay for recent weather damage. Public Service Commission spokesman Andrew Melnykovych says preliminary estimates indicate repairs from January's ice storm could cost power companies more than 200 million-dollars. This includes an estimated $12 to 15 million for West Kentucky Rural Electric Cooperative alone. WKRECC customers are likely to see a smaller rate increase because the cooperative is not privately owned and is eligible for state and federal disaster assistance.