Nov 29, 2017
(LOUISVILLE, Ky.) – Louisville Gas and Electric Company and Kentucky Utilities Company proudly announced today that, thanks to its customers who have embraced the utilities’ energy efficiency programs, they have been able to offset roughly the same amount of energy that equates to building a new power plant.
The utilities set a goal in 2008 of saving approximately 500 megawatts of capacity and, to date – with a year remaining for the existing programs – they have essentially reached that goal.
“The programs were designed to help change customers’ behavior in regards to using energy more wisely. Through their combined use of more energy-efficient appliances, devices and lighting in homes and businesses, customers have saved money and energy,” said David Huff, director of Energy Efficiency and Emerging Technologies.
Since 2008, through participating in LG&E and KU’s energy efficiency programs, customers have:
In addition, LG&E and KU announced today that they will request that the Kentucky Public Service Commission extend some of the current programs through Dec. 31, 2025. All of the current programs are set to expire Dec. 31, 2018. The utilities are required by regulation to meet customers’ energy needs at the lowest reasonable cost. Because of a variety of factors that include the abundance of more energy-efficient appliances, devices and lighting in homes and businesses, some of the existing programs are no longer cost-effective.
As a result of allowing certain programs that are no longer cost-effective to expire, if LG&E and KU’s new plan is approved, residential customers’ bills would be reduced between $20 to $30 in 2018, and $35 to $45 in 2019.
“Today’s average customer is much more energy-efficient than when we ramped up our program offerings years ago. Coupled with the fact that we do not need to offset additional capacity for the immediate future, the cost of continuing to offer some of our existing programs simply outweighed the benefits to our customers,” Huff added.
The utilities will request approval from the commission for five program extensions:
Chief among the changes requested in the extension will be the addition of industrial customers to the revised nonresidential programs and the addition of a master-metered multifamily component to WeCare that would target properties that qualify for governmental subsidies such as Section 8 housing.
“The programs for which we are requesting commission approval allow us to continue offering customers, especially some of our most vulnerable ones, energy efficiency choices and provide programs to engage the industrial segment for the first time,” Huff said. “We thank our customers for helping us achieve this success and want to continue offering a variety of tools, tips and programs to help them use energy wisely.”
Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation (NYSE: PPL) family of companies, are regulated utilities that serve nearly 1.3 million customers and have consistently ranked among the best companies for customer service in the United States. LG&E serves 324,000 natural gas and 407,000 electric customers in Louisville and 16 surrounding counties. KU serves 549,000 customers in 77 Kentucky counties and five counties in Virginia. More information is available at www.lge-ku.com and www.pplweb.com.