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Kentucky utility regulators allow limited rehearing in Big Rivers rate case
Reported by: Associated Press
Reported: Wednesday, December 11, 2013 4:02 AM EST
Kentucky utility regulators are revisiting a portion of their decision adjusting revenue and rates for Big Rivers Electric Corp. to offset the loss of its largest customer.
The issue to be reviewed deals with calculating revenue Big Rivers will receive from the continued operation of its Coleman plant.
Those seeking the rehearing were the state attorney general's office, the Kentucky Industrial Utility Customers Inc. and the Sierra Club. They contend Big Rivers understated annual revenue it will receive for operating the Coleman plant by about $12 million.
In October, the PSC authorized Big Rivers to receive an additional $54.2 million annually from its remaining customers to reflect the loss of a Hawesville smelter as a customer.