Rate Case Roundup: Louisiana
The formula rate plan in effect for Southwestern Electric Power will adjust downward the utility's target ROE.
Although approving an increase in base rates for an electric cooperative, the Kentucky Public Service Commission acted to keep the revenue increase at the lowest level possible, by disallowing a portion of the costs of retirement, life insurance, health care, and dental benefits claimed by the co-op, Farmers Rural Electric Cooperative Corporation. The commission ruled that the smaller increase still would allow Farmers to meet its financial obligations, including satisfying the terms of its loan agreements.