Members of the public who would be impacted by a potential rate increase by Big Rivers Electric Corporation have opportunities to speak out this week. The Kentucky Public Service Commission is holding meetings in Owensboro and Henderson, and a chance for Brandenburg residents to link via video conferencing.
The Henderson-based Big Rivers wants approval for a rate adjustment that will raise $74.5 million dollars in increased revenue. The possible 20 percent increase would account for an extra $24 per month for the average customer. Industrial customers would see nearly 17 percent rate increases.
The utility says most of that new revenue is needed to offset the loss of the Century Aluminum smelter in Hawesville, which will cease to be a Big Rivers client in mid-August. Big Rivers provides power to a region extending from Meade County through Owensboro and Henderson and into Paducah in far western Kentucky.
The Public Service Commission will hold two meetings this Thursday for public comments on the proposed rate hike. The first is at South Middle School in Henderson at 1 p.m., and the second will be at the Owensboro Community and Technical College that evening at 5:30.
Big Rivers customers in the Brandenburg area can watch the Owensboro meeting via a video-conference at Meade County High School starting at 6:30 p.m. eastern.
Gov. Steve Beshear joined local and company officials Wednesday in announcing that Gibbs Die Casting is expanding operations at its world headquarters in Henderson, adding 160 jobs and investing more than $22.8 million.
Gibbs Die Casting, established in 1965 and owned by Koch Enterprises, has grown into one of the world’s largest die casting companies, operating eight factories for aluminum and magnesium casting, machining, assembly and die building with facilities in Hungary, Brazil and China. The Henderson facility currently employs more than 560 people.
The expansion project includes adding new manufacturing lines for eight-speed transmission parts and rear axles for the automotive industry.