Paducah Power System customers should see a drop in their bills beginning in July after suffering from high bills during this year’s arctic winter. The company’s Power Cost Adjustment is dropping 40 percent.
The PCA is tied directly to the operating performance of its power supplier Prairie State Energy and covers the wholesale power cost so Paducah Power doesn’t have to change its base rates every month.
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.