Sunday, April 8, 2012

KY Power Proposes Rate Increase

{Frankfort, Kentucky}...The EPA has KY Power officials searching for the least costly way to implement new environmental regulations. The electric company's proposed plan could mean a 30 percent increase for customers in 20 counties by 2016 after a rate increase 18 months ago left some struggling to make ends meet. KY Power officials say it is due to the EPA enforcing new regulations for coal producing plants throughout the country, and a scrubbing method, which would decrease pollution, is the least costly way, but it is still expensive. A hearing April 30th could determine what happens next.