Kentucky Public Service Commission Issues Regulatory Document on Electric Rates Adjustment and Pole Attachment Charges

The Kentucky Public Service Commission has released a regulatory document concerning the adjustment of electric rates and approval of certain regulatory and accounting treatments for Kentucky Utilities Company and Louisville Gas and Electric Company. The document addresses concerns raised by the Kentucky Broadband and Cable Association (KBCA) regarding pole attachment charges and rate calculations. The KBCA has submitted supplemental requests for information to the companies, seeking clarification on various aspects of the rate calculations and pole attachment charges.

Key Takeaways:

• The Kentucky Public Service Commission has issued a regulatory document addressing electric rates adjustment and pole attachment charges for Kentucky Utilities Company and Louisville Gas and Electric Company.
• The Kentucky Broadband and Cable Association (KBCA) has submitted supplemental requests for information to the companies, seeking clarification on various aspects of the rate calculations and pole attachment charges.
• The KBCA is concerned about the companies' use of projected numbers for pole attachment charges, rather than historical data, and is seeking clarification on the basis for this approach.
• The companies have been asked to provide detailed explanations for their rate calculations, including the mathematical derivation of forecasted amounts, and to confirm that they are relying solely on data, costs, and pole counts for poles in Kentucky.
• The KBCA has requested information on the companies' FERC Form 1 filings, including separate reports for 2024, and has asked the companies to confirm that they have not filed combined FERC Form 1 reports for 2024.
• The companies have been asked to provide computations of rates based on year-end 2024 data, including all methodology, steps, and calculations performed, and to identify any items in which the numbers/data provided deviate from their FERC Form 1 filings for 2024.

Statistics:

• $22,247,777: The amount reported to FERC by Kentucky Utilities Company for calendar year 2024 for account 593.
• $21,768,582: The amount remaining after prior year amortization for account 593 for 2024, as reported by Kentucky Utilities Company.
• $14,616,861: The amount reported to FERC by Louisville Gas and Electric Company for calendar year 2024 for account 593.
• $13,884,896: The amount remaining after prior year amortization for account 593 for 2024, as reported by Louisville Gas and Electric Company.

Sources:

• REGULATORY DOCUMENT: COMMONWEALTH OF KENTUCKY BEFORE THE PUBLIC SERVICE COMMISSION In the Matter of: ELECTRONIC APPLICATION OF KENTUCKY UTILITIES COMPANY FOR AN ADJUSTMENT OF ITS ELECTRIC RATES, AND APPROVAL OF CERTAIN REGULATORY AND ACCOUNTING TREATMENTS CASE NO. 2025-00113
• REGULATORY DOCUMENT: In The Matter Of: ELECTRONIC APPLICATION OF LOUISVILLE GAS AND ELECTRIC COMPANY FOR AN ADJUSTMENT OF ITS ELECTRIC AND GAS RATES, AND APPROVAL OF CERTAIN REGULATORY AND ACCOUNTING TREATMENTS CASE NO. 2025-00114
• SUPPLEMENTAL REQUESTS FOR INFORMATION: KENTUCKY BROADBAND AND CABLE ASSOCIATION'S SUPPLEMENTAL REQUESTS FOR INFORMATION TO KENTUCKY UTILITIES COMPANY AND LOUISVILLE GAS AND ELECTRIC COMPANY