09/01/2026
STATEMENT RELEASE: STATE SENATORS COMMEND PSC FOR OPENING ENERGY AFFORDABILITY INVESTIGATION
FRANKFORT, Ky. (Aug. 31, 2026)—The following is a joint statement from members of the Senate Majority Caucus regarding the Kentucky Public Service Commission opening Case No. 2026-00185, an investigation involving PSC-regulated electric utilities and Kentucky’s five largest natural gas utilities. The PSC order expressly cites Senate Joint Resolution (SJR) 75 and takes up many of the affordability concerns its sponsors raised.
“Kentucky’s economy depends on energy that is both reliable and affordable. That concern brought the Senate together behind SJR 75, which passed 36-0. We appreciate the Public Service Commission taking up many of the issues raised in the resolution and opening a serious public review of what is driving customer bills.
“That work matters across Kentucky, but Eastern Kentucky deserves particular attention. Residents and employers there already face elevated energy costs. For decades, federal energy policies have put pressure on the industries that built the region’s economy. Affordable power should help drive its future, not stand in the way of jobs and investment.
“The PSC should start with the facts. Fuel costs, fixed charges, rate design, operating and capital expenses and cost allocation all deserve scrutiny. Utilities must recover reasonable costs to maintain safe, reliable and resilient systems. Rates still must remain fair, just and reasonable. Major new demand should carry the costs and risks it creates rather than shifting them to existing households and businesses. Public input and transparent data will matter. We will study the findings and consider legislative action where the record shows it is needed.”
__
The statement is attributable to Sens. Scott Madon, R-Pineville; Phillip Wheeler, R-Pikeville; Shelley Funke Frommeyer, R-Alexandria; Mike Nemes, R-Shepherdsville; Brandon Smith, R-Hazard; Brandon J. Storm, R-London; Lindsey Tichenor, R-Smithfield and Robin L. Webb, R-Grayson
According to the PSC order, Kentucky’s calculated average residential electricity price increased from 10.87 cents per kilowatt-hour in 2020 to 13.24 cents in 2025, a 21.8 percent increase. The order also cites 152,798 residential electricity disconnections and 24,921 residential natural gas disconnections in Kentucky during 2024. The investigation remains in its early stages and has not produced any findings or adopted any affordability reforms.