Kentucky PSC Grants Rehearing on Big Rivers
Posted on Dec 13, 2013 in Litigation, Rates, Regulation & Policy, Reliability | Comments Off on Kentucky PSC Grants Rehearing on Big Rivers
The Kentucky Public Service Commission will reconsider the revenues Big Rivers Electric Corporation (Big Rivers) is positioned to receive for its continued operation of a power plant required by the Midcontinent Independent System Operator for reliability reasons. Big Rivers’ opponents claim that the coop understated the revenues it will receive from continued operations by roughly $12 million a year. The rehearing may affect rate increases approved by the state regulator to account for the loss of Big Rivers’ largest customer. The Evansville Courier & Press has the full story.
