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Mon December 22, 2008
Utility Companies Trying To Recover Disaster Damage Costs
By Kentucky Public Radio
Frankfort, KY – The remnants of Hurricane Ike swept through Kentucky September 14th, leaving a trail of debris, downed power lines and at least one fatality.
More than 300-thousand customers of Louisville Gas and Electric, mostly in Jefferson County, lost power during the storm. Fierce winds also knocked out power to at least 76-thousand customers of Kentucky Utilities, mostly in western Kentucky.
LG&E is asking the Public Service Commission to recoup 24-million dollars in damage recovery costs. KU is seeking two-point-six million.
The PSC is allowing each utility to establish separate accounts to track damage expenditures. The commission will make a thorough review of the claims before deciding sometime next year what portion of the costs the utilities will be allowed to recoup from ratepayers.