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Kentucky Energy Infrastructure Settlement and New Generation Projects

Sector: Natural Gas • Location: Louisville, Kentucky, United States

Source: The Motley Fool

Project
Proposed And Approved (For Cpcn)

LG&E and KU reached a proposed settlement agreement in Kentucky including a $235 million revenue increase, authorized ROE of 9.9%, and a base rate stay-out through August 1, 2028. The settlement introduces new rate mechanisms such as a generation cost recovery adjustment clause and a sharing adjustment clause. The Kentucky Public Service Commission approved a CPCN stipulation agreement for constru

Status
Prospective
Sector
Natural Gas, Power Generation (CCGT), Manufacturing (Industrial)
Location
Louisville, Kentucky, United States of America
Updated
22 Jul 2026
Source
The Motley Fool

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Project Information

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The project “Kentucky Energy Infrastructure Settlement and New Generation Projects” is an infrastructure initiative in the Natural Gas sector, located in Louisville, Kentucky, United States. Taiyo aggregates data on it from The Motley Fool.

Participants

Not available for this record.

Status

Original status

proposed and approved (for cpcn)

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

LG&E and KU reached a proposed settlement agreement in Kentucky including a $235 million revenue increase, authorized ROE of 9.9%, and a base rate stay-out through August 1, 2028. The settlement introduces new rate mechanisms such as a generation cost recovery adjustment clause and a sharing adjustment clause. The Kentucky Public Service Commission approved a CPCN stipulation agreement for constructing two new 645-megawatt natural gas combined cycle units, Ground 12 and Mill Creek 6, and installing SCR at Unit 2. Recovery mechanisms for Mill Creek 6 and Mill Creek 2 stay-open costs are under review in separate proceedings.

Original sector

Energy

Location

Country

United States of America (USA)

State

Kentucky

City

Louisville

Source

Source

The Motley Fool

URL

More Details

Record type

Project

Sector

Natural Gas, Power Generation (CCGT), Manufacturing (Industrial)

Article published date

2025-11-08

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