Louisville, LG&E agree to reduce rate increase, keep service charge flat
Louisville, LG&E agree to reduce rate increase, keep service charge flat Share Updated: 6:51 PM EDT Apr 19, 2021 WLKY Digital Team Share Updated: 6:51 PM EDT Apr 19, 2021 Hide Transcript Show Transcript UP FRIDAY AND IS OPEN TO EVERYONE LOVELL AND LG&E HAVE AGREED TO A NEW RATE REQUEST THAT WILL LOWER THE PROPOSED RATE INCREASE UTILITY. LOWERING ITS REVENUE REQUIREMENT BY NEARLY 60 MILLION DOLLARS AS PART OF THE DEAL. IT STILL MEANS A SIX TO SEVEN PERCENT INCREASE TO CUSTOMERS BUT THE SIX DOLLAR BASIC SERVICE CHARGE INCREASE HAS BEEN REMOVED TRACKING ...
Source: wlky.com