FRANKFORT, KY (May 12, 2005)
- Attorney General Greg Stumbo intervened today in a case
filed by Big Sandy Rural Electric Cooperative. The cooperative,
which serves nearly 13,000 customers in seven east Kentucky
counties, has asked the Public Service Commission to grant
an annual utility rate increase of $831,000.
“I will continue to protect the rate
payers of the Commonwealth from excessive rate hikes,”
Stumbo said.
Big Sandy has asked that the increase be
placed only on the residential and commercial rates. “While
I understand the need to keep industrial rates low to maintain
and encourage industrial growth, big companies need to shoulder
some of the burden of the proposed rates. If any increase
is granted by the Commission, it should be shared by all,”
Stumbo added.
The Attorney General’s Office is currently
reviewing the request to determine the extent to which it
will challenge the increase.