A utility company has asked permission to raise rates for about 176,000 customers in Kentucky.
Atmos Energy Corporation has asked the Kentucky Public Service Commission to approve a rate increase that would add an extra $4.41 to the average residential natural gas bill.
The company had previously requested a rate request, but abandoned it after President Donald Trump signed a law making changes to the country’s tax code. Instead of raising rates, the company cut rates by about $2 for the average customer.
Atmos Energy Vice President Mark Martin said after the company passed its savings from the tax bill to its customers, it must raise rates so it can make improvements to the system. The new rates would generate an extra $14.5 million this year.
Source: AP
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