Kentucky Public Service Commission Approves Revised Gas Line Tracker Rates for Louisville Gas and Electric Company

Strategic Insights -

The Kentucky Public Service Commission has approved revised Gas Line Tracker (GLT) rates for Louisville Gas and Electric Company (LG&E) effective May 1, 2025. The approved rates are summarized in the appendix to the order. The Commission found that the revised GLT rates proposed by LG&E are fair, just, and reasonable. The rates include a true-up component for the transmission-related portion and a forecasted rate component based on the estimated GLT revenue requirement for calendar year 2025. The Commission also ordered LG&E to include an electronic version of the supporting calculations and exhibits used to compute the GLT rates in future applications.

Key Takeaways:

  • The Kentucky Public Service Commission has approved revised Gas Line Tracker (GLT) rates for Louisville Gas and Electric Company (LG&E) effective May 1, 2025.
  • The approved rates include a true-up component for the transmission-related portion and a forecasted rate component based on the estimated GLT revenue requirement for calendar year 2025.
  • The Commission found that the revised GLT rates proposed by LG&E are fair, just, and reasonable.
  • The rates include a forecasted revenue requirement eligible for recovery under the GLT mechanism related to distribution projects for 2025 of $12,613,988.
  • LG&E had a total under-collection of $3,263,527 related to its distribution-related projects in 2024.
  • The Commission ordered LG&E to include an electronic version of the supporting calculations and exhibits used to compute the GLT rates in future applications.
  • The revised GLT rates will be set out in tariff sheets and filed with the Commission using the Commission's electronic Tariff Filing System within 20 days of the date of service of this Order.

Statistics:

  • Forecasted revenue requirement eligible for recovery under the GLT mechanism related to distribution projects for 2025: $12,613,988
  • Total under-collection related to distribution-related projects in 2024: $3,263,527
  • Number of delivery points: 14.84 (CGS, SGSS) and 203.04 (IGS, AAGS, DGGS, SPEC)
  • Transmission Projects per Ccf: $0.00000 (RGS, VFD) and $0.00000 (FT, LGDS)
  • Distribution Projects per delivery point: $2.97 (RGS, VFD) and $14.84 (CGS, SGSS)

Sources:

  • Kentucky Public Service Commission. (August 1, 2025). Order in Case No. 2025-00041.
  • Louisville Gas and Electric Company. (February 28, 2025). Electronic Application for Approval of Revised Gas Line Tracker Rates.
  • Kentucky Public Service Commission. (June 30, 2021). Order in Case No. 2020-00350.
  • Kentucky Public Service Commission. (April 28, 2023). Order in Case No. 2023-00066.