East Kentucky Power seeks $43 million rate increase

FRANKFORT, Ky. — East Kentucky Power Cooperative has filed for a $43 million rate increase with the Kentucky Public Service Commission.

That would also mean a raise in rates from customers of the co-op’s 16 member cooperatives, including Big Sandy RECC and Licking Valley RECC.

According to the applications filed by the utilities, the average customer bill would increase by about 3.3 percent, if the proposed rates are approved. That translates to an average of $4.20 for Big Sandy residential customers and $3.56 for Licking Valley residential customers.

Big Sandy RECC has roughly 13,000 customers in Breathitt, Floyd, Johnson, Knott, Lawrence, Magoffin, Martin and Morgan counties.

Licking Valley RECC has more than 17,000 customers in Breathitt, Elliott, Lee, Magoffin, Menifee, Morgan, Rowan and Wolfe counties.