Thursday, May 23, 2013

PSC to hold hearing on Kentucky-American request for rate increase Tuesday; Midway's hike would be 2.3%

The state Public Service Commission will hold a meeting in Lexington Tuesday, May 28 to hear public comments on Kentucky-American Water Co.'s request for a rate increase. The company wants to raise the typical residential customer's bill by 17.6 percent, but it is asking for an increase of 2.3 percent in the wholesale rate paid by the City of Midway, according to Mayor Tom Bozarth. The city passes along to its customers rate increases by Kentucky American.

PSC spokesman Andrew Melnykovich said the company is seeking an increase of less than 1 percent in its rate for wholesale water users like Midway, but is also seeking a 57 percent increase in the city's monthly meter charge, to $1,120 from $712, which appears to be included in the 2.3 percent figure cited by the mayor.

The meeting is scheduled for 5:30 p.m. in the auditorium in Bryan Station High School at 201 Eastin Road. The public comment portion of the meeting will begin at 6:30 and will be preceded by an information session in which PSC staff will explain the rate adjustment process and the criteria used to evaluate rate adjustment requests rates. The presentation will include an overview of the Kentucky-American Water application.

The Kentucky-American application and related documents are available on the PSC website, www.psc.ky.gov. The case number is 2012-00520. Persons wishing to address the proposal may speak at the meeting or submit their comments in writing to the PSC at P.O. Box 615, Frankfort KY 40602, faxed to 502-564-9625 or e-mailed via the PSC website. The evidentiary hearing in the case will be held at the PSC offices at 211 Sower Blvd. in Frankfort Tuesday, June 4, at 10 9 a.m. The hearing, which may last several days, will be open to the public. Public comments will be taken at the beginning of the hearing. Written comments will be accepted through the conclusion of the hearing. The evidentiary hearing may be viewed live on the PSC website.

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