Kentucky Power files rate case to recover costs of Mitchell Plant

Sponsored by

Kentucky Power Co., a unit of American Electric Power (AEP), will file a base rate case with the Kentucky Public Service Commission (KPSC) to recover costs associated with the anticipated transfer of 50 percent of the ownership of two power generating units from AEP Ohio’s Mitchell Power Plant near Moundsville, West Virginia, to Kentucky Power.

The filing calls for an increase in revenue of $114 million over existing rates and asks for a general rate increase for Kentucky Power customers of 23.39 percent.

While the overall impact on revenue is about 23 percent, the impact on residential customers will be about 31 percent due to the way revenues are allocated among customer classes based on usage, service charges and other factors. There are two mitigation measures in the filing that could effectively lessen the overall rate impact from 23 percent to 12 percent and the residential impact from about 31 percent to about 20 percent.

Kentucky Power is an operating unit of American Electric Power and provides electricity to about 173,000 customers in all or parts of 20 eastern Kentucky counties.

Sponsored by

Get All the Electric Light & Power and POWERGRID International to Your Inbox

Subscribe to Electric Light & Power or POWERGRID International and the email newsletter today at no cost and receive the latest news and information.

Related Articles

Texas power grid operator expects to avoid summer blackouts

05/10/2019

ERCOT predicted that demand will rise as high as 74,853 MW, or 1,300 MW higher than the record set last July 19

Environmental officials give draft permit to Rhode Island gas plant

05/10/2019

The board is the licensing and permitting authority and its decision will ultimately determine whether the facility is built

MAN Energy Solutions opens new US headquarters in Texas

05/10/2019

MAN Energy Solutions USA expands its capabilities and unites all technical expertise under one roof in Brookshire, Texas

Clean energy drives power, utility merger activity

05/09/2019

This was in spite of overall M&A headwinds as global deal value declined 33% from Q4 2018 to $20.6 billion in Q1 2019