Tuesday, November 26, 2013

KY Power Files to Withdraw Rate Case in Connection to Power Plant Transfer

Officials with Kentucky Power want the state's Public Service Commission to withdraw a base rate case filed by the utility last year.

Kentucky Power officials filed the case in June 2012 to recover costs associated with buying half the Mitchell power plant in West Virginia.

The company still plans to shut down one of the coal-fired units at the Big Sandy plant in Lawrence County in 2015.

Kentucky power officials estimate customers will see a five percent increase in their bills in January 2014, and another increase of eight to nine percent about 18 months later.