Increase takes effect July 1 for some LaRue County residents
By The Staff
Wednesday, October 28, 2009 at 8:00 pm
The Kentucky Public Service Commission has accepted a settlement that permits Farmers Rural Electric Cooperative Corp. to raise its rates in order to increase its annual revenue by $3.69 million, or about 9.8 percent.
Farmers negotiated the settlement – which gives the rural electric cooperative about $350,000 less in annual revenue than it requested – with the Office of Attorney General.
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