Walmart Inc.'s Requests for Information to Kentucky Utilities Company

Walmart Inc. has submitted several requests for information to Kentucky Utilities Company as part of a regulatory proceeding before the Kentucky Public Service Commission. The requests seek detailed information on various aspects of the company's operations, including its treatment of certain proxy group companies, the need for new generation resources, and the costs incurred by ratepayers to provide electric service to certain economic development projects.

Key Takeaways:

• Walmart has asked Kentucky Utilities Company to clarify its response to a question regarding the exclusion of potential proxy group companies that have lowered their common dividend.
• The company has requested information on the need for new generation resources to provide electric service to two economic development projects, and has asked if the customer affiliated with the "second project" is contractually obligated to execute a contract for electric service.
• Walmart has requested that Kentucky Utilities Company explain how much new customers are paying to recover the investment required to serve those new customers, expressed as a percentage.
• The requests also seek detailed information on the companies' responses to previous requests for information, including any changes or updates to their previous responses.
• The requests cover a wide range of topics, including the companies' accounting practices, regulatory and accounting treatments, and the treatment of certain proxy groups.
• The requests require Kentucky Utilities Company to provide detailed information and explanations, including copies of all documents and work papers relied upon in their responses.
• The requests are part of a larger regulatory proceeding before the Kentucky Public Service Commission, which is reviewing the companies' requests for rate adjustments and regulatory approvals.

Statistics:

• The requests for information span multiple topics and require detailed responses from Kentucky Utilities Company.
• The companies are requested to provide information from all corporate files, affiliated companies, and past and present board members, officers, and management-level employees.
• The requests require the companies to explain their positions and provide copies of all statements, studies, and documents relied upon in their responses.
• The requests have been served on a wide range of parties and/or counsel of record in this proceeding, including Robert M. Conroy, Rick E. Lovekamp, LG&E and KU Services Company, and Nathaniel T. Shoaff, Sierra Club.

Sources:

• Walmart Inc.'s Supplemental Requests for Information to Kentucky Utilities Company (July 31, 2025)
• Kentucky Public Service Commission's June 18, 2025, Order