Gas Companies Fined

Frankfort, KY — The Kentucky Public Service Commission has levied fines against two eastern Kentucky natural gas companies. The companies, B & H Gas Company and Johnson County Gas Company, both owned by Bud Rife, have been fined $107,500.00 for unauthorized debt and failing to adjust the amount charged to customers. The companies must pay the penalties by August 28th. B & H Gas has 258 customers in Floyd County, while Johnson County Gas has 315 customers in Johnson County. The PSC said B & H Gas and Rife were fined for issuing six promissory notes without PSC approval as required by law. Johnson County Gas and Rife were penalized for issuing three unauthorized promissory notes and penalized for failing to file quarterly adjustments to reflect fluctuations in the natural gas market price.