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Kentucky PSC Takes Public Comment in Lexington on KU, LG&E Rate Hike Requests

Regulators are evaluating the first requested increases since 2020.

Overview

  • The Public Service Commission is holding a 5 p.m. public meeting at Bluegrass Community and Technical College on Newtown Pike in Lexington to gather customer input.
  • Kentucky Utilities is seeking an 11.8% electric rate increase, while Louisville Gas & Electric requests 8.3% for electric service and 14% for natural gas.
  • If approved, the proposed changes could add about $18 to a typical monthly residential bill, according to the filings.
  • The filings remain under review by the PSC, and no approval or final decision has been announced.
  • KU says the additional revenue would fund grid upgrades such as stronger poles and wires and expanded vegetation management.