PSC Rejects Rate Hike Complaint Against Water Company in Lexington
What happened
The Public Service Commission rejected the rate hike complaint filed by Lexington. Linda Gorton, Mayor of Lexington, had previously criticized the water company, questioning the frequency of requested rate hikes and citing unreasonable construction practices. The PSC allowed Lexington to refile the case within 20 days, while the water company maintained that the latest rate request is necessary to support infrastructure investment.
From wuky.org
Why it matters
The rejection blocks the city's immediate regulatory action on the water company's rates. The water company stated the increase will fund $108 million toward modernizing and strengthening its water systems and repairing aging pipes.
From wuky.org
Who's involved
- LexingtonThe city that filed the complaint regarding rate hikes and construction practices.
- Linda GortonThe Mayor of Lexington who publicly criticized the water company's operations.
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The entities involved
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Lexington
city in and county seat of Fayette County, Kentucky, United States