Mountain Top Media
Big Sandy RECC seeking $3.4 million rate increase
PAINTSVILLE, Ky. — Higher electricity prices could be in the future for more than 12,000 customers in Eastern Kentucky, as Big Sandy RECC is asking for a rate increase.
The utility filed an application with the Kentucky Public Service Commission this week, asking for a more than 13 percent increase that would generate an additional $3.4 million.
Big Sandy’s last rate increase was in 2018. The company says an increase is necessary now because its finances are being pinched by rising costs, a declining population, and the collapse of the coal industry. The utility serves customers in Breathitt, Floyd, Johnson, Knott, Lawrence, Magoffin and Martin counties, but only has one customer that qualifies as an industrial account.
Big Sandy’s application much of the burden on residential and agricultural customers, who would see their bills climb by more than 15 percent, generating nearly $3 million of the increase. That amounts to an increase of more than $21 a month for the average customer. That increase would come from raising the customer charge from about $22 to $29 and by raising the energy charge 1.4 cents per kilowatt hour.
The PSC will now review the case and likely schedule a public hearing before deciding whether to accept, reject or alter the application.
Big Sandy’s application and additional items from the rate case can be found at https://psc.ky.gov/Case/ViewCaseFilings/2024-00287.
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Construction services and design firm to bring 36 jobs to Floyd County
LANGLEY, Ky. — A construction services firm based in Oldham County is planning to expand its operations in Kentucky with a new facility in Floyd County that will bring in 36 jobs and a $1.75 million investment.
Infinity Design & Construction provides 3D design, 3D scanning and construction services. The company’s LaGrange fabrication shop is currently operating at full capacity, so they are opening a new location at Langley that will occupy a nearly 44,000 square foot building on 7.5 acres across from the Floyd County Community Center.
“Infinity is a great example of a company fully committed to serving its community and the commonwealth,” Gov. Beshear said. “Kentucky is experiencing a period of economic development growth because companies like Infinity continue to believe in our workforce and resources. I want to thank the company’s leadership and am excited to see this expansion into Floyd County bring even greater success.”
In a Facebook post, 95th District Rep. Ashley Tackett Laferty said the new facility will provide welding and pipe fabrication jobs paying $41.50 an hour, with unionized health care and pension benefits.
“Here in Eastern Kentucky, our people have always been our top resource,” Laferty said. “The decline in the coal industry, unfortunately, has meant many of our highly trained workers are being forced to look elsewhere for comparable employment. I was committed to help bring this established company’s newest location to the mountains because I am confident that its success can and will show others throughout the Commonwealth that Eastern Kentucky is the place for their next big success story.”
Laferty said a ribbon-cutting ceremony will be held for the new facility Oct. 28.
On its Facebook page, Infinity said its purchase of the building was finalized on Thursday.
“Infinity Design & Construction Group has had the privilege of working closely with LU 248 Business Manager Ben Collier over the past two years, achieving significant success together,” Infinity Executive Keith McKinney said. “We extend our sincere gratitude to Kentucky State Rep. Ashley Tackett Laferty and her team, Bob Burgess and Brett Traver with Southeast Kentucky Economic Development, Colby Kirk with One East Kentucky, Amanda Clark with Kentucky Power, Floyd County Judge Executive Robbie Williams and Kristina Slattery and Brittney Petty with the Department for Business Development at the Kentucky Cabinet for Economic Development, for their unwavering support.
“Throughout this collaboration, we have been continually impressed by the exceptional work ethic of the Eastern Kentucky workforce. Given the growth in our pipe fabrication segment, expanding into Eastern Kentucky is a natural progression for our team, and we are excited about broadening our operations in this region. At the same time, Infinity remains committed to the Louisville market. We recently completed work at the Ford Blue Oval project under Local 502 and are eager to continue growing our presence in the area. We are actively exploring opportunities to expand our footprint in Louisville, including the acquisition of new properties to support this growth.”
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