Utilities May Increase Rates To Pay For Ice Storm

Kentucky's utilities companies spent more than a hundred million dollars to restore power after the January ice storm.

Kentucky Utilities spent $62 million to restore service to homes and business in central Kentucky. LG&E paid $45 million during the storm.

Those costs could be passed along to customers in the coming months.

The utilities just reported their bills to the Public Service Commission, which is the first step in asking for a rate hike.

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