Paducah Power System Public Hearing Tonight for Possible Rate Increase
Paducah Power System residential customers may have another rate increase starting in April.
PPS spokeswoman Andrea Underwood says the proposed residential 7.5 percent jump would begin April 1. This proposed increase follows a 5 percent November increase. PPS is also proposing another rate increase in April 2014 for its residential customers.
Underwood says the increase is due to a depressed market for industrial power, which limits how much excess power PPS can sell.
The Paducah Electric Plant Board holds a public hearing tonight at 5 p.m. in Paducah to discuss the results of a third party rate study.
The proposed rate changes would net a 5 percent increase in revenue for the utility. The electric plant board makes its decision March 25th.