Monday, March 30, 2009

Kentucky American Water still running strong

If former Lexington Mayor Teresa Isaac had her way in taking over Lexington's private water company, the April 7 Public Service Commission rate hearing at Bryan Station High School wouldn't be scheduled.

Instead, the city would ram through any rate increase it wanted in addition to making interest payments it couldn't afford to buy the company.

Kentucky American had requested an $18.5 million annual rate increase. Instead, they are now applying for a $10.3 million increase.