Wednesday, December 17, 2014

Kentucky Power Seeks Adjustment Rates

        Kentucky Power is seeking a rate adjustment to fund increasing operating costs and investments to meet E-P-A requirements.

        Kentucky Power, a subsidiary of American Electric Power, plans to ask the Kentucky Public Service Commission to adjust costumer rates, the next step in a cost-conscious plan to meet increasing E-P-A demands.

        The adjustment will also pay for expanded tree trimming to strengthen service reliability and cover growing costs of doing business.

        The request completes the recovery of Kentucky Power’s remaining commitment to purchase half of the coal-fired Mitchell power plant in Moundsville, West Virginia.