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There's no doubt the cost of providing electricity to homes and businesses has become more expensive across our nation, but especially in eastern Kentucky. The loss of population and industry here has created real challenges, pushing costs even higher. When we make decisions about investments, we must balance those investments with keeping costs as low as possible. To continue making investments and providing the level of service all customers deserve, regulated utilities apply with the Public Service Commission (PSC) to have rates reviewed and adjusted.
On August 29, 2025, we will file a base rate review with the PSC, requesting to adjust rates to recover increased costs. The proposed increase is 14.9% for residential customers and approximately 13-15% for commercial and industrial customers, with new rates projected to be in place in Spring 2026. This case is necessary to maintain and improve the service you depend on.
During this thorough and transparent review process, we always search for ways to reduce the customer impact. This review has a number of proposals that will be beneficial, and we want you to know about them.
We recognize that this review comes when individuals, families and businesses are seeing higher costs for products and services, including electric bills.
We offer several programs, services and rebates to help you control your energy usage and lower monthly bills.
Average Monthly Payments
Payment Assistance Options
Energy Efficiency Programs
Base rates refer to the costs of building, maintaining and operating our electric system, including power plants, transmission and distribution lines and facilities to serve you and your neighbors.
The proposed increase is 14.9% for residential customers, or an average of approximately $27.30 in their monthly bill; and approximately 13.8% for commercial customers, or an average of about $40.17 in their monthly bill.
If approved, new rates are projected to be in place in Spring 2026.
View Case Filings for: 2025-00257
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