The agency that regulates Kentucky’s utilities is planning a public meeting here that would allow Kentucky Power Company to retire its Big Sandy generating facility in Louisa.
The Kentucky Public Service Commission will hold the meeting in Whitesburg on May 15, the day after a similar meeting in Louisa. The PSC will also conduct a meeting in Hazard on May 15.
Kentucky Power is seeking approval from the PSC to purchase a 50 percent interest in Ohio Power Company’s Mitchell power plant south of Moundsville, W.Va. Both companies are owned by American Electric Power.
Kentucky Power says in its application the purchase price of $536 million would be more than $404 million less than upgrading Big Sandy to meet stricter federal air quality standards.
Both units burn coal, but the PSC says in a news release the Mitchell plant has the equipment needed to comply with the new regulations. (AP)