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KU and sister company Louisville Gas and Electric Co. plan to purchase wind power from the breezy prairie of northern Illinois to help meet what they expect will be federal requirements to increase their use of renewable energy.
Last month, they asked the Kentucky Public Service Commission for permission to add a "renewable resource clause" to customer bills so they can recover the costs of the pricier wind power and transmission.
Also filed under [
Impact on Economy|
Tax Breaks & Subsidies]
Kentucky Utilities Co. intends to purchase wind power from northern Illinois and will soon ask state regulators to charge home customers about a buck a month more to pay for that alternative energy.
The wind power, including the cost of transmitting the electricity to Kentucky, is about twice as much as it costs KU to generate power by burning coal at power plants.
To pay for the wind power, KU plans to file an application with the Kentucky Public Service Commission, requesting permission to impose a "renewable resource clause" so it can recover the costs of purchased wind power and transmission costs.
Also filed under [
Energy Policy]
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