Paducah Power System

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The Paducah Power System board has approved a new “pay as you go” option for the utility’s customers.

PPS ratepayers have seen higher bills in recent years after the system cut ties with the Tennessee Valley Authority.

Paducah Power System

Paducah Power System is negotiating to sell its excess capacity from Prairie State Energy Campus to another energy company, which will aid in lowering customer bills. 

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McCracken County Schools want Paducah Power Systems to release the district from its service contract, but state law may not allow it.  

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Three of the four Republican gubernatorial candidates converged in Paducah Friday night to court votes at the McCracken County Republican Party’s Reagan Dinner, held at the Carson Center.

Paducah Power System

The law firm investigating whether to file suit against Prairie State and Peabody Energy on behalf of Paducah Power System has decided to discontinue legal action.  

Paducah lawyer Mark Bryant sent a letter to PPS General Manager Gary Zheng Thursday afternoon explaining the decision.  

Paducah Power System

Paducah Power System and West Kentucky Allied Services are now making progress in their effort to aid residents with high power bills.

PPS recently donated $22,000 to WKAS to initiate their “Round-Up” program. 

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Paducah Power System and Princeton Electric will lessen some financial strain after refinancing $211 million in bonds this week.

The two utilities make up the Kentucky Municipal Power Agency, which owns 7.82 percent of the recently troubled Prairie State Energy Campus.

Paducah Power System

Paducah Power System management says a new credit rating by Standard & Poor’s Rating Services is “very good news” and a positive development in the beleaguered utility’s rate recovery efforts.

Paducah Power System

The Paducah Power System Board voted Monday night to contract with Standard & Poor’s Rating Services after the rating company kept the Kentucky Municipal Power Agency revenue bond rating the same at A-.

Paducah Power System

  Moody’s Investor Service has downgraded Paducah Power System’s revenue bond rating, but the beleaguered utility says the new rating is an improvement over a December downgrade from Fitch Ratings.

The new rating from Moody’s - "Baa1" - reflects a medium-grade rating and a moderate credit risk.

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