FRANKFORT, Ky. — Six weeks after seeing their power bills rise 12.8 percent, customers of Big Sandy RECC, as well as other electric co-ops in the state, could get hit with another rate hike.
That’s because East Kentucky Power Cooperative, which supplies electricity to the co-ops, is asking for a 7.5 percent increase to its wholesale rate. East Kentucky Power says it needs the rate hike to account for inflation and higher interest rates.
If that request is successful, Big Sandy and the other utilities are asking for it to be reflected in their rates, as well. If granted, the utility says the increase would amount to $6.73 more on the average residential bill…