Kentucky Utilities is applying with the state’s Public Service Commission to increase its utility rates by 11.5%, or $226.1 million in revenue. If that’s approved, the average customer would see their electric bill increase by $18.15 per month.
A KU spokesperson says the rate hike is necessary to upgrade the utility’s infrastructure and technology, and to keep pace with inflation.
The PSC hosted a public hearing in Lexington to hear from customers who might be impacted…