We need a regulation on the rate hikes of AEP Kentucky Power. Customers are being forced to pay outrageous utility bills while they add excessive fees without any customer input. Kentucky Power has a system of outdated and patched lines which accumulate more waste and expense than replacing the failing system. Kentucky Power meters need to be subject to the same regulations as fuel pumps at service stations to ensure accuracy and prevent misreadings.

This is an example of a current bill

 

Current KPCO Charges:

Tariff 015 -Residential Service 01/24/17

Rate Billing$147.85

Fuel Adj @ 0.0021534 Per KWH3.35

DSM Adj @ 0.0068709 Per KWH 10.69

Residential HEAP @ $0.15.15 

Kentucky Economic Development Surcharge .15

Capacity Charge @ 0.0014820 Per KWH 2.31

Big Sandy 1 Operation Rider @ 0.0058000 Per KWH 9.02

Purchased Power Adj 0.1066000%.18

Big Sandy Retirement Rider 3.7089000%  6.44

Environmental Adj 9.9045000% 17.19

School Tax5.92

Current Electric Charges Due $203.25

Tariff 113 -Outdoor Light

01/25/17 Rate Billing 148 KWH Used (Nbr.Lights:2)$21.16

Fuel Adj @ 0.0021534 Per KWH.32

Capacity Charge @ 0.0014820 Per KWH .22

Big Sandy 1 Operation Rider @ 0.0015900 Per KWH .24

Purchased Power Adj 0.1066000%.02

Big Sandy Retirement Rider 3.7089000% .81

Environmental Adj 9.9045000% 2.18

School Tax .75

Current Electric Charges Due $25.70  

 Notice the difference in price before and after the added fees. $55.40 of fees