KENTUCKY-Utilities to request rate hike, install smart meters

Utilities to request rate hike, install smart meters

EXCERPTS:

Smart meter concerns

The commission said smart meters elicited more public comments than any other issue, with people raising concerns that the devices “transmit dangerous levels of radiation and represent a potential invasion of privacy by utilities.”

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Over the life of the smart meters, customers “will see a benefit of nearly $1 billion,” the utilities promised.

However, those savings will be far less than the proposed rate hike will add to consumers’ bills: The utilities have 1.3 million customers, meaning each consumer would, over the lifespan of the smart meter, which LG&E said is 20 years, save an average $769 — or $3.20 per month.

Utilities to request rate hike, install smart meters

 

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