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Court Ruling Leads to Kentucky Power Bill Increase Starting Next Month

Frankfort, KY (WMDJ) — Kentucky Power customers will soon see a small increase on their monthly bills, after a court ruling required the Kentucky Public Service Commission to revise its previous rate decision.

 

In 2023, the utility asked for an 18-percent rate hike, but the PSC approved less than six percent, saying more than $14 million in transmission and rate case expenses couldn’t be recovered. Kentucky Power appealed that decision and won, leading to a new surcharge being added to customer bills.

 

The surcharge amounts to about half a cent per kilowatt-hour and will remain in effect for 22 months, ending in August 2027.

 

Officials say the change won’t result in a major increase. A customer using 1,200 kilowatt-hours each month should see their bill rise by $5.97.

 

Kentucky Power also has another rate case pending that would raise rates by roughly 15 percent if approved.

 

To view the PSC's order, you can click here

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