- Associated Press - Tuesday, April 21, 2015

FRANKFORT, Ky. (AP) - Kentucky Utilities’ customers will pay more for their monthly electric bill while Louisville Gas & Electric customers will pay more for their gas bills, according to a settlement reached Tuesday concerning the companies’ rate requests.

Documents filed with the Kentucky Public Service Commission show the average LG&E; customer will pay 10 cents less on the monthly electric bill but $1.25 more on the monthly gas bill. The average KU customer’s electric bill will go up by about $9 a month.

The settlement means KU will get an extra $125 million in revenue while LG&E; will see a $7 million increase. Both companies are owned by Pennsylvania-based PPL.

The PSC must still approve the settlement.

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