Critics Utility Rate Bill Would Hurt KY Residential and Business Customers / Public News Service
Backers of a bill in the Kentucky Legislature say it would streamline regulatory procedures to allow utilities to more easily adjust rates, but critics say House Bill 341 would eliminate rate-hike protections for residential and business customers. The bill would reduce the number of days opponents of a rate-hike proposal could challenge it - down from 30 days to 15. Tom Fitzgerald - senior staff attorney with the Kentucky Resource Council - said it also eliminates evidentiary hearings, and allows more so-called "riders," which are add-on costs to ratepayers for certain t...