Jackson Purchase Electric

Business
3:57 pm
Mon August 19, 2013

Jackson Purchase Electric Notifies Customers Of Rate Increase

Credit securitynet.org

A western Kentucky electric utility is telling customers their rates will increase by more than 20 percent after its power supplier lost its biggest customer, an aluminum smelter.

Jackson Purchase Energy Corp. is telling rate-payers their electric bills will increase by an average of about $22 a month. The higher rates begin Tuesday. The utility's power supplier, Big Rivers Electric Corp, recently lost the Century Aluminum smelter in Hawesville as a customer. Big Rivers is requesting a $68.6 million rate increase to cover the losses.

Read more