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Kentucky Utilities wants to raise residential electric rates 13.7 percent, and some of its customers are speaking out against the request.
The company says the increase is needed to cover growing demand for electricity, higher operating costs and to offset its $133.7 million investment following a major windstorm in 2008 and ice storm in 2009.
The company has 6,378 residential and business customers in Anderson County. The company’s overall request is for an 11.5 percent increase, which includes an 11.1 percent increase for industrial customers.
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