FRANKFORT, Ky. (AP) - Kentucky Power Co. is asking the state
Public Service Commission to approve a rate increase of nearly 35
Company spokesman Ronn Robinson says it's the first base rate
increase the company has sought in more than four years.
The company says if the PSC approves the request, a typical
residential bill for 1,427 kilowatt hours of electricity in a month
would rise from $114.57 to $154.62. The increase amounts to 2.81
cents per kilowatt hour.
Robinson says the increase is needed to cover the costs of items
such as labor, materials and equipment as well as investments in
Kentucky Power is an operating unit of America Electric Power
and serves some 175,000 customers in all or parts of 20 eastern
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