Red Flag Warning expires at 6:00 PM on 4/20, issued at 1:38 PM Athol, KY | Beattyville, KY | Bethany, KY | Campton, KY

Kentucky American Water Requests 17.5% Rate Increase

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 12/28/2012 6:08 pm
LEXINGTON, Ky. (AP) — Kentucky American Water, which serves Lexington and other communities, is asking for a rate increase that would raise average monthly residential bills by 17 1/2 percent, or $5.76, to $38.51 per month. The company said in a statement it filed the request Friday with the Kentucky Public Service Commission based on capital investments of approximately $58 million made since last seeking a rate increase nearly three years ago. The request would increase total annual revenue by approximately $12.3 million. Kentucky American says the improvements include upgrades to water distribution systems and to water treatment plants. The company has approximately 500,000 customers in parts of 10 Kentucky counties.
Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
Most Popular
KSP: 2 Men Shot During Turkey Hunt, 1 Pronounced Dead
State Police are looking into a shooting in Clay County, where they said three men went turkey hunting Thursday morning and two of them were shot -- one fatally.
Making The Right Decision
Coach Cal wants his players to come back only if it is right for them and their families. Video Video
Search Continues For Escaped Wolf-Dog In Jessamine County
The search continued Friday night for the last of three wolf-dog's that escaped from the Wolf Run Wildlife Refuge near Highway 27 in Jessamine County. Video Video
UPDATE: Clay Co. Sheriff Reports Fatal Shooting Not Drug-Related
Meth and other drugs have been ruled out in a fatal shooting that occurred during a turkey hunt Thursday morning, according to the Clay County Sheriff.
Kentucky Basketball Future Ready To Meet The Present
Incoming Freshmen Call And Implore Freshmen To Stick Around For Second Season At UK Video Video
Inergize Digital This site is hosted and managed by Inergize Digital.

WTVQ.com supports children's privacy rights. All persons under the age of 13 MUST have parental permission to use this website and direct parental supervision is strongly recommended.