ASHLAND, Ky. (KT) - Decisions by the Kentucky Public Service Commission combined with federal tax cuts are reducing bills for the average Kentucky Power residential customer, the company said Thursday.
“Our residential rates have stabilized and overall bills are down for the average customer,” said Matt Satterwhite, Kentucky Power president and chief operating officer. “If customers are still seeing higher bills, it is due to an increase in their overall usage. We have experienced extreme temperatures recently that may have resulted in increased usage from running air conditioners to keep cool.”
Satterwhite said for those customers who continue to see higher usage it is recommend they check insulation, windows, caulking, and thermostats to reduce energy use in their home.
“These items under your control can significantly affect how much electricity you use,” he said.
When compared to bills in September 2017, September 2018 bills for customers using the average 1,300 kilowatts of electricity a month dropped $14.34. Much of the reduction is the result of Public Service Commission orders. Those decisions included a rate adjustment, implementation of the federal tax cuts, and the elimination of most energy efficiency programs. The savings are being passed onto customers.
“This overall decrease is good news for our customers,” Satterwhite said. “We are working hard to partner with our communities everyday as we provide safe and reliable electric service while also controlling costs, providing exceptional customer service, and leading economic development efforts in the region.”