Public Service Commission Suspends Proposed Rate Adjustment for Farmers Rural Electric Cooperative Corporation

The Public Service Commission of Kentucky has accepted an application from Farmers Rural Electric Cooperative Corporation (Farmers RECC) for a general rate adjustment based on a historic test year and tariff changes. However, due to the public notice requirement, the proposed rates cannot take effect until June 4, 2025. Following an investigation, the Commission has suspended the effective date of the proposed rates for five months to review the reasonableness of the rates.

Key Takeaways:

• The Public Service Commission of Kentucky has accepted an application from Farmers Rural Electric Cooperative Corporation (Farmers RECC) for a general rate adjustment based on a historic test year and tariff changes.
• The proposed rates cannot take effect until June 4, 2025, due to the public notice requirement of 30 days.
• The Commission has suspended the effective date of the proposed rates for five months, up to and including November 4, 2025, to review the reasonableness of the rates.
• A procedural schedule has been attached as an Appendix to the Order to review the proposed rates.
• Any hearing scheduled in this matter will be held in the Richard Raff Hearing Room at the offices of the Public Service Commission in Frankfort, Kentucky.
• Witnesses are expected to participate in person at the hearing.

Statistics:

• The proposed rates will not take effect until June 4, 2025.
• The suspension period is five months, up to and including November 4, 2025.
• The public notice requirement is 30 days prior to implementing the proposed rates.
• The procedural schedule has been attached as an Appendix to the Order.

Sources:

• Commonwealth of Kentucky Before the Public Service Commission, In the Matter of: Electronic Application of Farmers Rural Electric Cooperative Corporation for General Adjustment of Rates, Case No. 2025-00107, Pantagraph.