FRANKFORT, Kentucky, Feb. 25 -- The Kentucky Public Service Commission (PSC) has approved a Settlement Agreement revising the Large Industrial Customer Standby Service (LICSS) tariff for Big Rivers Electric Corporation (BREC) and Kenergy Corp. The decision, following a period of rehearing and negotiation, resolves disputes surrounding standby service rates and conditions for large industrial customers. The utilities initially filed revised tariffs in September 2023, which prompted an investigat  more

FRANKFORT, Kentucky, Feb. 25 -- The Kentucky Public Service Commission (PSC) has granted partial confidential protection to Duke Energy Kentucky for certain data filed in its rate adjustment case (Case No. 2022-00372). Duke Kentucky had requested a 20-year confidentiality period for information provided in response to a request from the Sierra Club. The PSC's decision, issued on [Date of Order], allows Duke Kentucky to shield some commercially sensitive information from public disclosure. The c  more

FRANKFORT, Kentucky, Feb. 25 -- The Kentucky Public Service Commission (PSC) has approved Louisville Gas and Electric Company's (LG&E) request to recover costs associated with the retirement of Mill Creek Unit 1 (MC1) through its Retired Asset Recovery Rider (Rider RAR). The decision, issued on October 4, 2024, allows LG&E to begin recouping these costs from customers starting in January 2025. The approval follows LG&E's application filed in October 2024, seeking cost recovery for MC1 and revis  more

CHICAGO, Illinois, Feb. 24 [Category: BizLaw/Legal] -- McDermott Will and Emery, a law firm, issued the following news release: * * * McDermott Represents Nautic Partners in its Acquisition of the Specialty Tapes Business from Berry Global McDermott Will & Emery represented Nautic Partners, LLC (Nautic), a Rhode Island-based middle-market private equity firm, in its acquisition of the specialty tapes and adhesives business from Berry Global Group, Inc., a Kentucky-based manufacturer of pressu  more