Notice of Proposed Adjustment to Retail Electric Rates

NOTICE OF PROPOSED ADJUSTMENT TO

RETAIL ELECTRIC RATES

PLEASE TAKE NOTICE that, in accordance with the requirements of the Kentucky Public Service Commission (“Commission”), as set forth in 807 KAR 5:001, Section 17(2)(b), of the Commission’s Rules and Regulations, notice is hereby given to the member consumers of South Kentucky Rural Electric Cooperative Corporation (“South Kentucky”) of a proposed general rate adjustment.  South Kentucky intends to file an application styled, The Electronic Application of South Kentucky Rural Electric Cooperative Corporation for General Adjustment of Rates, and Other General Relief, to the Commission, on or after February 3, 2025. 

The rate adjustment, with a requested effective date of March 5, 2025, or after, will result in an increase in retail power costs to its member consumers, and in an increase in revenue of $10,766,999 or 7.2% for South Kentucky. 

The amount and percent of increase by rate class are listed below:

The effects of the proposed rates on the average monthly bill by rate class are listed below:

The present and proposed monthly rates for each rate schedule are listed below:

South Kentucky proposes two additions to Tariff P.S.C. KY. NO. 7., 2^nd Revised Sheet NO. R-5 “Rules and Regulations Section II – Service Procedures” to add a Remote Reconnect – 60 Days or Less fee and Remote Reconnect – 61 through 365 days fee.  South Kentucky proposes the following language for the two new types of reconnect services:

(d)      In lieu of (b) and (c) above, where a remote meter with remote connect, disconnect and meter reading capability is installed and service is inactive for less than 60 days, a charge of $20 shall apply.

(e)       To reconnect service for the same member where service has been disconnected for more than 60 days and less than 12 months, a charge of $300 shall apply.

South Kentucky does not propose any revisions to other tariffs or schedules not listed above. 

Any person may examine the rate application and related documents which South Kentucky has filed with the Commission at the utility’s principal office located at:

South Kentucky Rural Electric Cooperative Corporation 

200 Electric Avenue 

Somerset, Kentucky 42501

Any person may also examine the rate application and related documents which South Kentucky has filed with the Commission on the Commission’s website at https://psc.ky.gov, or Monday through Friday, 8:00 a.m. to 4:30 p.m., at its office located at:

Kentucky Public Service Commission

211 Sower Boulevard

Frankfort, Kentucky 40602

Comments regarding the application may be submitted to the Commission by mail to:  Kentucky Public Service Commission, P.O. Box 615, Frankfort, Kentucky 40602, or by electronic mail to:

psc.info@ky.gov.        

The rates contained in this notice are the rates proposed by South Kentucky Rural Electric Cooperative Corporation.  However, the Commission may order rates to be charged that differ from the proposed rates contained in this notice.

Any person may submit a timely written request for intervention to the Kentucky Public Service Commission, P.O. Box 615, Frankfort, Kentucky 40602, establishing the grounds for the request, including the status and interest of the party.  If the Commission does not receive a written request for intervention within thirty (30) days of initial publication or mailing of this notice, the Commission may take final action on the application.