Paducah Power System

Government
3:42 pm
Mon January 26, 2015

Paducah Power Hires New CEO

Credit Lance Dennee, Paducah Power System

The Paducah Power System’s board has named Gary Zheng as its new General Manager. Zheng comes from  Lubbock Power and Light in Texas and is credited with turning around the company when near bankruptcy.

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Government
3:12 pm
Tue January 20, 2015

Prairie State CEO to PPS: "We Are Focused on Eliminating Everything that has Brought us Offline"

Interim Paducah Power CEO Mark Crisson (left) with Prairie State Energy Campus CEO Don Gaston
Credit Lance Dennee

 

The Paducah Power Board and some of its customers heard first hand Tuesday from the new CEO of the troubled Prairie State Energy Campus. PPS is part owner of the recently underperforming coal-fired power plant in Illinois.

PPS’ debt service for it’s ownership of Prairie State and the plant’s related low performance has, in part, prompted customers to pay some of the highest power bills in the state.

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Business
5:08 pm
Thu January 15, 2015

Paducah Power Using Peaking Plant to Cut Usage

Credit Paducah Power System

Paducah Power System is getting more use out of its “underutilized” peaking plant as the utility aims to bring rates down by July.

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Business
10:43 am
Tue January 13, 2015

Paducah Power System Board Interviewing General Manager Candidates This Week

Interim PPS CEO Mark Crisson (Left) and PPS Board Chairman Hardy Roberts.
Credit Lance Dennee

The Paducah Power System Board is interviewing general manager candidates this week for the permanent position.

Interim General Manager Mark Crisson joined the utility in October after Dave Clark stepped down from the position amid community concern about high bills.

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Government
2:54 pm
Mon December 15, 2014

PPS Evaluates CEO Candidates, Mum on Finalists

Credit elycefeliz / Flickr (Creative Commons License)

Paducah Power Board Members evaluated 12 CEO applicants in a closed meeting today. The board has employed the national search firm, Dowdy Recruiting,  to find a new leader for the embattled power provider

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Government
6:28 am
Wed December 10, 2014

PPS Updates City Commission

Credit Paducah Power System

Paducah City Commissioners asked Mayor Gayle Kaler to request a brief from Paducah Power System on the Rate Recovery Plan at last night’s city commission meeting.

Commissioner Richard Abraham says the City Commission wants more details about a PPS meeting with insurance and bond rating companies this week.

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Business
5:16 pm
Mon December 8, 2014

Paducah Power System Will Not File Bankruptcy

Credit Lance Dennee

The Paducah Power System board voted not to file Chapter Nine bankruptcy during their meeting today in Paducah.

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Business
12:15 pm
Fri November 28, 2014

Paducah Power System, West Kentucky Allied Services Offering Assistance with Energy Bills

Credit Security Net (securitynet.org)

The Paducah Power System and West Kentucky Allied Services have teamed up to help people struggling to pay their energy bills this winter. 

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Business
4:31 pm
Thu November 20, 2014

Paducah Power System Looks to Lower Rates, Offer Free Energy Efficiency Tools this Winter

Credit Paducah Power System

Even though Paducah Power System customers won’t see benefits of the company’s new financial plan until this summer, General Manager Mark Crisson says he’s currently trying to cut costs and provide free tools for customers.

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Business
4:55 pm
Thu November 13, 2014

Paducah Power Customers Won't See Rate Changes Until July, Board Approves Plan to Reduce Debt

Credit paducahpower.com

Paducah Power System customers aren’t likely to see a rate change until July 2015 now that the utility board has approved a plan to handle its increasing rates and debt.

Board members signed off on Interim General Manager Mark Crisson’s plan yesterday.  It aims to bring the Power Cost Adjustment, or PCA, down from more than 2 cents per kilowatt hour to almost half a cent for fiscal year 2016. 

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