The Kentucky Public Service Commission has granted Water Service Corp. of Kentucky permission to increase annual revenue from its Kentucky operations by about $473,000, or 29 percent, to about $2.1 million. The company had sought an increase of $807,000, or about 51 percent, to bring annual revenues to $2.47 million. In its application, Water Service said it needs additional revenue to pay for system improvements and modernization of its customer service and billing systems. Much of the proposed increase was for what Water Service described as the Kentucky customers’ share of company-wide computer system improvements. However, the PSC said that Water Service failed to meet its burden of proof that the indirect cost allocations were directly related to providing water service or would benefit Kentucky ratepayers. Water Service has about 7,300 residential customers in Hickman and Bell counties.
-
Share This!
Eastern Kentucky
December 1, 2009
366 Views
You may also like
Popular Stories
UPS expects cash flow of $17-18B in 2026
March 27, 2024
UK patient finds relief after 25 years of shoulder pain
March 26, 2024
S&P Global Market Intelligence recognize Republic Bank
March 27, 2024
NKU public lecture series explores where AI is taking us
March 27, 2024
The Lane Report
- Good Central Ky housing news as inventory grows
- Asbury course offers financial literacy for high schoolers
- Innovator forum seeks to develop energy solutions for Appalachia
- OP-ED: Confronting Ky food insecurity together
- Michter’s Is Releasing Its 10 Year Bourbon
- Norton Healthcare, Norton Children’s launch $200M campaign
- S&P Global Market Intelligence recognize Republic Bank
- UPS expects cash flow of $17-18B in 2026
- NKU public lecture series explores where AI is taking us
- UofL reopens graduate certificate program in logistics planning
Add Comment