LEXINGTON, Ky. (ABC36 NEWS NOW) – Rising prices can be seen everywhere — from the gas pump to the grocery store — and now, some Kentuckians could soon see higher utility bills.
Kentucky Utilities (KU) and Louisville Gas and Electric (LG&E) have filed requests with the Kentucky Public Service Commission to raise rates. If approved, KU customers could see an 11.8% increase — or an average of about $18 more per month on their electric bills. LG&E is requesting an 8.3% increase for electric service and a 14% increase for natural gas.
According to KU, this would be the company’s first rate increase since 2020. Officials say the added revenue would go toward system upgrades, including stronger poles and wires, as well as expanded vegetation management — which KU says is the leading cause of power outages…