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Public utilities

Public Service Commission Orders Louisville Gas and Electric Company to Provide Further Information

Strategic Insights

— 2 min read

The Kentucky Public Service Commission has directed Louisville Gas and Electric Company to provide additional information regarding its request to approve a retired asset recovery rider cost recovery for the retirement of Mill Creek Unit 1. The commission has specified that Louisville Gas and Electric Company must file an electronic version of the requested information by December 20, 2024. This includes information related to the bill impact, tariff revisions, and monthly reporting forms. The commission has also emphasized the importance of ensuring that electronic documents are in portable document format (PDF), searchable, and appropriately bookmarked.

Key Takeaways:

  • The Kentucky Public Service Commission has ordered Louisville Gas and Electric Company to provide additional information regarding its request to approve a retired asset recovery rider cost recovery.
  • The commission has specified that the information must be filed electronically by December 20, 2024.
  • The requested information includes details related to the bill impact, tariff revisions, and monthly reporting forms.
  • The commission has emphasized the importance of ensuring that electronic documents are in portable document format (PDF), searchable, and appropriately bookmarked.
  • The order references the commission's July 22, 2021 Order in Case No. 2020-000851, which provided guidance on filings with the commission.
  • The commission has directed Louisville Gas and Electric Company to confirm that the retired asset recovery rider will only be calculated to reflect the retirement of Mill Creek 1.
  • The company has also been asked to explain why including the Environmental Cost Recovery Surcharge revenues is not a material change to the rider calculation.
  • A hypothetical bill will be calculated for June 2025, with and without the Environmental Cost Recovery (ECR) factor.
  • The company will need to explain how it will calculate the retired asset recovery rider factor upon the retirement of another generation unit if the ten-year period of recovery for Mill Creek 1 has not yet expired.
  • The commission has instructed Louisville Gas and Electric Company to make timely amendment to any prior response if it obtains information that indicates the response was incorrect or incomplete when made.
  • The company has been directed to provide a written explanation of the specific grounds for its failure to completely and precisely respond to any request.

Statistics:

  • The commission has specified that the information must be filed electronically by December 20, 2024.
  • The commission has emphasized the importance of ensuring that electronic documents are in portable document format (PDF), searchable, and appropriately bookmarked.

Sources:

  • Commonwealth of Kentucky Public Service Commission, "Case No. 2024-00317: COMMONWEALTH OF KENTUCKY BEFORE THE PUBLIC SERVICE COMMISSION In the Matter of: ELECTRONIC APPLICATION OF LOUISVILLE GAS AND ELECTRIC COMPANY FOR APPROVAL OF RETIRED ASSET RECOVERY RIDER COST RECOVERY FOR THE RETIREMENT OF MILL CREEK UNIT 1 AND OF RETIRED ASSET RECOVERY RIDER TARIFF REVISIONS AND MONTHLY REPORTING FORMS" (December 12, 2024)
  • Commonwealth of Kentucky Public Service Commission, "Order in Case No. 2020-000851" (July 22, 2021)
  • Commonwealth of Kentucky Public Service Commission, "Case No. 2020-00350: Electronic Application of Louisville Gas and Electric Company for an Adjustment of its Electric and Gas Rates, a Certificate of Public Convenience and Necessity to Deploy Advanced Metering Infrastructure, Approval of Certain Regulatory and Accounting Treatments, and Establishment of a One-Year Surcredit" (April 19, 2021)

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