SECURITY THREAT (Jan. 16-21): On the advice of law enforcement, access to Capitol Area state office buildings, including the SCC’s Tyler Building, is restricted through Thursday, Jan. 21. All business with the Commission must be done through electronic filing systems, email, or by telephone. Work is being done remotely only. The processing of any filing or payment physically delivered to the building during this time will be delayed.
SCC Approves Reduced Fuel Rate for Kentucky Utilities; Typical Residential Customer Will See $4.55 Reduction on Monthly Bill
JUN 25, 2020
RICHMOND – The State Corporation Commission (SCC) has approved a reduced fuel rate for Kentucky Utilities, doing business as Old Dominion Power Company.
Effective for service rendered on and after July 1, 2020, the fuel factor will be $0.02168 per kilowatt-hour (kWh). For a typical residential customer using 1,000 kWh per month, it represents a decrease of $4.55 per month compared to the fuel rate a customer paid during the 2019-2020 fuel year.
The reduction helps offset a base rate increase of $9 million in annual operating revenue for Kentucky Utilities that was approved by the SCC on April 6 and went into effect on May 1. The April order also provided for a one-time refund of $1 million to customers resulting from a reduction in the company’s federal tax rate that took effect on January 1, 2018.
Kentucky Utilities provides electric service to approximately 28,000 customers in Wise, Lee, Russell, Scott and Dickenson counties.
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