Prairie State Energy

Fitch to Lower PPS Credit Rating to Triple B

Dec 17, 2014
Lance Dennee

Paducah Power Systems interim general manager Mark Crisson told the Paducah city commission Tuesday night the credit rating company Fitch plans to announce a downgrade of PPS to triple B.

Viktor Gmyria 123RF Stock Photo

An Illinois community is asking the state’s Attorney General to investigate its contract with Prairie State Energy Campus as it battles skyrocketing electricity prices.

Batavia, Ill is battling power pricing issues similar to Paducah Power Customers due to their ownership stakes in the under-performing coal power plant. 

Paducah Power System

The Paducah Power Board of Directors may have violated the Kentucky Open Meetings Law as the energy provider seeks ways to increase revenue. The publicly owned company provides power to more than 22,000 customers and is subject to  open meetings law requirements.

However, on Tuesday four of the five board members participated in a conference call with a portfolio management company with whom the Kentucky Municipal Power Agency is considering a contract.

Class Action Lawsuit Filed In IL over Electric Rates

Aug 20, 2014

A class action lawsuit has been filed against Southern Illinois’ Prairie State Energy Campus on behalf of electricity ratepayers in Batavia, Illinois.

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Paducah Power System customers are facing a financial double whammy of cold temperatures and a limited power supply that’s costing them upwards of an extra $100 for one month.