Kentucky Public Service Commission



807 KAR 5:078. Alternative Rate Adjustment for Electric Cooperatives


PSC Regulations

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A public hearing on this administrative regulation shall be held on May 21, 2024, at 10:00 a.m. eastern daylight time at the Kentucky Public Service Commission, 211 Sower Boulevard, Frankfort, Kentucky 40601. Individuals interested in being heard at this hearing shall notify this agency in writing by five workdays prior to the hearing of their intent to attend. If no notification of intent to attend the hearing is received by that date, the hearing may be canceled. This hearing is open to the public and instructions on how to attend and participate virtually will be published on the commission’s website at psc.ky.gov. Any person who wishes to be heard will be given an opportunity to comment on the proposed administrative regulation. A transcript of the public hearing will not be made unless a written request for a transcript is made. If you do not wish to be heard at the public hearing, you may submit written comments on the proposed administrative regulation. Written comments shall be accepted through May 31, 2024. Written notification of intent to be heard at the public hearing.

Written comments on the proposed amendment should be sent or delivered to John E.B. Pinney, Executive Advisor, Kentucky Public Service Commission, 211 Sower Boulevard, Frankfort, Kentucky 40601, phone (502) 782-2587, fax (502) 564-7279 and email: jeb.pinney@ky.gov .

Reminder

Due March 31, 2024

Reminder for Annual and Gross Reports

2023 Annual Financial and Statistical Reports and Reports of Gross Operating Revenues due March 31, 2024

The Report of Gross Operating Revenues is required to be filed by March 31, pursuant to KRS 278.140 and 807 KAR 5:006, Section 4(1), and may be emailed to PSC.Reports@ky.gov. No hard copy is required.

Further, most utilities are also required to electronically file an Annual Financial and Statistical Report by March 31, pursuant to 807 KAR 5:006, Section 4(2), via the Utility Financial Report (UFR) Electronic Filing System.

Any officer, agent, or employee of a utility failing to comply with reporting requirements may be subject to a civil penalty assessed by the commission up to the amount of two thousand five hundred dollars ($2,500) for each offense or a criminal penalty of imprisonment for up to six (6) months, or both, as provided under KRS 278.990.

If you have any questions or did not receive the annual reminder email notice in January, please inquire via email at PSC.Reports@ky.gov to update your contact information, pursuant to 807 KAR 5:006, Section 3(c).


 
 

Interest on Customer Deposits


Calendar year 2024, effective January 1, 2024, shall be:

5.38%


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Interest on Customer Deposits


Calendar year 2024, effective January 1, 2024, shall be:

5.38%


Frequently Asked Questions

Historical Information

Deposits Announcement


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