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www.pplweb.comThe Kentucky Public Service Commission (KPSC) is expected to rule in the fourth quarter of 2025 on applications filed by Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) for revenue increases. The companies anticipate requesting approximately $105 million and $226 million increases in annual electricity revenues for LG&E and KU, respectively, alongside a $60 million increase in annual gas revenues for LG&E. These changes, pending KPSC approval, would represent increases of 8.3%, 11.5%, and 14% in revenue for electricity at LG&E and KU and gas at LG&E, respectively, to become effective January 1, 2026. The applications are based on a forecasted test year from January 1 to December 31, 2026, with a requested return-on-equity of 10.95%.
KPSC Ruling AnticipatedLouisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) plan to file requests with the Kentucky Public Service Commission (KPSC) for significant increases in annual electricity and gas revenues. If approved, these changes aim for an increase of approximately $105 million for LG&E and $226 million for KU in electricity revenues, and $60 million for LG&E in gas revenues, translating to increases of 8.3%, 11.5%, and 14.0%, respectively. The proposed rates are expected to take effect on January 1, 2026, pending KPSC approval, with a ruling anticipated in Q4 2025.
Proposed Rate Changes Effective Date