CORBIN — By Jeff Noble / Staff Writer
A public hearing, to hear comments and suggestions about the Corbin Utilities Commisson's proposed electric, water and sewer rate increase, will be held today at 6 p.m. in the Meeting Room of Corbin City Hall.
The public is invited to attend the meeting. Oral comments will be heard and written statements will be accepted.
After the public hearing, the CUC will officially call a special meeting and put the rate adjustments into effect.
If approved, the rate changes would take place in December or January.
In their regular meeting on October 15, utilities commission board members voted unanimously to accept a proposed flat rate adjustment in water and sewer rates. They also authorized CUC General Manager Ron Herd to hold a public hearing on the rate changes.
At that time, he said the last water and sewer increase by CUC was six years ago.
Herd added the city's electric rates were being adjusted for Kentucky Utilities (KU), which the city utilities buys their wholesale electricity from. He said KU passed along a five-percent increase to CUC customers, which began in August.
The proposed changes came after the financial analyses for their rates were reviewed.
They pointed out the rate changes were needed to move KU's annual rate increases from the Power Cost Adjustment Factor to the base rates.
In addition, the planned rate changes would provide more revenue for needed CUC projects.
More on this story can be read in tomorrow's Times-Tribune.