KY Utility's Biggest Customer Set to Go Offline

By: Associated Press
By: Associated Press

LOUISVILLE, Ky. (AP) -- A western Kentucky aluminum smelter is moving closer to ending its power purchasing agreement with a Kentucky utility that depends on the massive plant for more than a third of its annual revenue.

Big Rivers Electric says the loss of Century Aluminum will lead to 19 percent rate hikes for residential customers. Big Rivers said in a statement it has finalized an agreement with Century that must be approved by the Kentucky Public Service Commission.

The commission is holding public hearings Thursday on the proposed increases.

Century Aluminum's contract ends in August. Big Rivers CEO Mark Bailey says Century's smelter and the Rio Tinto Alcan smelter generated $360 million, or 64 percent, of Big Rivers' revenue in 2012. Rio Tinto is also planning to stop buying power from Big Rivers.


WBKO.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 211483921 - wbko.com/a?a=211483921