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Kentucky Utilities residential customers could see a nearly 14 percent increase in their bills this year.
Citing a growing customer demand as the main culprit, with a 2008 windstorm and 2009 ice storm as contributing factors, KU has asked the Public Service Commission to grant a rate increase.
According to information provided by Cliff Feltham, KU’s statewide media relations manager, the company is requesting a $136 million base rate increase, which the company says is necessary to meet growing demand.
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