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Ky. Power seeks large rate hike

Kentucky Power Company is again asking the state Public Service Commission to approve a large rate increase for customers across eastern Kentucky

A public notice the company placed in The Mountain Eagle this week outlines proposed increases of 16 percent for residential service, 17.1 percent for residential load, and 20.5 for residential time-of-day billing.

The largest increase would be in small general service time-of-day rates, which would go up 36.7 percent under the proposal.

Outdoor lighting would increase 10.8 percent and street lighting — a rate that would presumably be passed on to city taxpayers — would increase by 8.1 percent.

The company in late 2017 was seeking similar increases, however the Kentucky Public Service Commission ruled in January 2018 that the company must roll back its request because of the federal corporate tax cut. The company still got an increase in rates, just not as big as it had asked for.

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