Atmos Energy Corporation customers will see their bills rise after the company won approval for an $8 point 5 million annual revenue increase. The Kentucky Public Service Commission PSC stated that the adjusted rates will be “fair, just and reasonable.”
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.
An ordinance gradually raising water bills about 31 percent in Hopkinsville is set for the city council’s approval.
Hopkinsville Water Environment Authority General Manager Derrick Watson says the ordinance which spreads the increase over three years unanimously passed its first reading at Tuesday’s city council meeting. Watson says if the increase passes its second reading the additional revenue will go toward projects in Hopkinsville.
The Kentucky Public Service Commission will conduct public hearings in Paducah, Henderson and Owensboro over a proposed rate hike for electric customers who could see their bills increase by nearly 20 percent.
The proposed hike comes as Big Rivers Electric attempts to raise a $74.5 million to fill a budget hole left by its biggest customer, Century Aluminum and pay debt obligations.
The possible 20 percent increase would account for an extra $24 per month for the average customer. Industrial customers would see nearly 17 percent rate increases.
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.