Lexington Mayor Criticizes Kentucky American's Proposed 16% Rate Hike
1 report, 1 independent
Updated Wed 00:00
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What happened
Kentucky American is requesting a nearly 16% rate increase for residential customers, which would translate to over $8 in additional monthly costs for the average ratepayer. Lexington Mayor Linda Gorton called the rate increase an "outrage," noting that residential bills have already increased over 60% since 2019, and this hike would push the total increase past 86%. The Public Service Commission dismissed the city's complaint but allowed Lexington to refile the case within 20 days.
From wuky.org
Why it matters
The proposed rate increase directly impacts the cost of living for residential customers in Lexington. Kentucky American stated that the hike is intended to balance affordability with the costs of necessary projects.
From wuky.org
Who's involved
- Linda GortonMayor of Lexington, who criticized the utility company's rate increase.