Kentucky Power Responds to Attorney General and PSC’s Complaint
On March 13, 2025, Kentucky Power, a subsidiary of American Electric Power (AEP), released a statement in response to a complaint filed by Kentucky’s Attorney General and the Public Service Commission (PSC) with the Federal Energy Regulatory Commission (FERC). The complaint alleges that Kentucky Power overcharged its customers for transmission investments in Kentucky and the region.
Kentucky Power’s Position
In the statement, Kentucky Power President Cindy Wiseman strongly disagreed with the claims made by the Attorney General and PSC. She emphasized that the company has previously demonstrated in commission proceedings that its customers benefit from these transmission investments. The investments, according to Wiseman, have resulted in improved reliability, better grid efficiency, and lower costs in the long run.
Impact on Customers
If the FERC rules in favor of the Attorney General and PSC, Kentucky Power customers could see a reduction in their electricity bills. The exact amount of the potential rebate is not specified in the complaint, but it could reach millions of dollars.
Impact on the World
The outcome of this complaint could have far-reaching implications for the energy industry. If the FERC rules in favor of the Attorney General and PSC, it could set a precedent for other states and utilities to challenge transmission investment costs. This could potentially slow down the pace of transmission infrastructure investments, which are crucial for the integration of renewable energy sources into the grid and the transition to a cleaner energy future.
Additional Context
- The complaint was filed on March 12, 2025, and the associated news release was made public the following day.
- The FERC is an independent federal agency that regulates the interstate transmission of electricity, natural gas, and oil.
- The Attorney General and PSC are responsible for representing the interests of Kentucky consumers.
Conclusion
The outcome of the FERC’s decision on the complaint filed by the Attorney General and PSC against Kentucky Power could have significant consequences for the energy industry. While customers may see a reduction in their electricity bills if the FERC rules in favor of the complaint, potential delays or slowdowns in transmission infrastructure investments could hinder the transition to a cleaner energy future. Kentucky Power remains confident in the benefits of these investments for its customers and the region.
As this situation develops, it is important for consumers and industry professionals to stay informed about the latest developments and potential implications. Stay tuned for updates on this story.
