Testimony of John R. Crockett III: Electric and Gas Rate Adjustments for Kentucky Utilities Company and Louisville Gas and Electric Company

Strategic Insights -

John R. Crockett III, President of LG&E and KU Energy LLC, and Senior Vice President and Chief Development Officer of PPL Services Corporation, provided testimony on behalf of Kentucky Utilities Company and Louisville Gas and Electric Company in a public hearing before the Public Service Commission. The testimony focused on the companies' request for an adjustment of their electric and gas rates, as well as the approval of certain regulatory and accounting treatments. The hearing is part of a proceeding initiated by the companies' electronic applications, Case No. 2025-00113 and Case No. 2025-00114.

Key Takeaways:

  • John R. Crockett III, the President of LG&E and KU Energy LLC, testified before the Public Service Commission on behalf of Kentucky Utilities Company and Louisville Gas and Electric Company.
  • The testimony concerned the companies' request for an adjustment of their electric and gas rates, as well as the approval of certain regulatory and accounting treatments.
  • The testimony included a summary of the companies' performance, economic development, and community service.
  • The president mentioned that he had previously testified before the Commission in Case No. 2022-00402.
  • The Companies' most recent business plan is the source of financial projections for these proceedings, as attested to under 807 KAR 5:001 Section 16(7)(e).
  • The president stated that he was sponsoring and providing the attestation required under 807 KAR 5:001 Section 16(7)(e).
  • The testimony included information on the Companies' performance in terms of efficiency and productivity.

Statistics:

  • None mentioned in the provided testimony.

Sources:

  • Commonwealth of Kentucky Before the Public Service Commission. (2025). In the Matter of: Electronic Application of Kentucky Utilities Company, Case No. 2025-00113; In the Matter of: Electronic Application of Louisville Gas and Electric Company, Case No. 2025-00114.
  • Direct Testimony of John R. Crockett III, President of LG&E and KU Energy LLC and Senior Vice President and Chief Development Officer, PPL Services Corporation. (2025).