Tuesday, April 29, 2014

PSC allows Big River rate increase

Average bill to increase by $15 per month

The Kentucky Public Service Commission (PSC) last week adjusted the revenue and rates of Big Rivers Electric Corp. to reflect the January departure from its system of the Century Aluminum smelter in Sebree.
 The rates for the remaining customers will increase, although not by as much as the utility requested. Customers will not feel the effect of the rate increases until next year. The PSC agreed to let Big Rivers use reserve funds to fully offset the increases for as long as possible.