FRANKFORT, Ky. (AP) - The Kentucky Public Service Commission has
approved settlements in two cases affecting environmental
surcharges for Kentucky Utilities Co. and Louisville Gas & Electric
The surcharges are related to new environmental compliance plans that are being put in place to meet several U.S. Environmental
Protection Agency regulations affecting coal-burning electric power
The settlement reduces the total electric bill increases from
19.2 percent by 2016 to 18.3 percent for LG&E customers and from
12.2 percent to 9.65 percent during the same time for KU customers,
the PSC said.
LG&E will invest $1.4 billion and KU $896 million in
environmental upgrades, the companies said in a statement.
They are also to provide an additional $500,000 in shareholder
funds to home energy assistance programs, adding a penny to the