FRANKFORT, Ky. (AP) - The Kentucky Public Service Commission has
given Big Rivers Electric Corp. the go-ahead to adjust wholesale
rates and approved rate increases for three electric cooperatives
that purchase power from Big Rivers.
The PSC says average residential monthly bills will increase by
about $6. The actual increase will depend on which of the three
co-ops - Jackson Purchase Energy Cooperative, Kenergy Corp. or
Meade County Rural Electric Cooperative Corp. - serves the
customers and on usage.
The changes will allow Big Rivers to increase annual revenue by
approximately $26.75 million, or about 6 percent, the PSC said. Big
Rivers had requested an increase of $39.93 million.
The PSC also ordered changes that reduce the extent that large
industrial customers, including two aluminum smelters, subsidize
service to residential and small commercial customers.