KU Seeks Permission to Increase Rates

Later this month, Kentucky Utilities and Louisville Gas and Electric will ask the state Public Service Commission for permission to raise rates to pay for a series of generation and transmission upgrades made in recent years. The proposal is the latest in a series of increases over the past couple of years. For KU customers, the proposal would amount to an increase of $82.4 million, or 6.5 percent. For a residential customer using 1,000 kilowatt-hours on average, a monthly bill would increase by $6.98.