Conway files motion to dismiss utility rate increase requests

FRANKFORT, Ky. (AP) - Attorney General Jack Conway has filed a
motion to dismiss a rate increase request by Louisville Gas and
Electric and Kentucky Utilities because the companies are being
Conway said Wednesday that the company purchasing the utilities
should have to make its case for a rate increase - not the company
selling them.
E.On U.S., the parent company of LG&E and KU, filed notice last
month with the PSC that it intended to sell the utilities to
Pennsylvania Power and Light. The utilities, which are Kentucky's
largest providers of natural gas and electricity, requested the
increase partly to recoup costs from severe storms.
E.On U.S. said in a statement the utilities "must continue to
invest to serve our customers, and that's what a rate case allows
us to do."

(Copyright 2010 by The Associated Press. All Rights Reserved.)

Comments are posted from viewers like you and do not always reflect the views of this station. powered by Disqus