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Kentucky Frontier warns of cash flow problems after PSC ruling
FRANKFORT, Ky. — Kentucky Frontier Gas is asking the Kentucky Public Service Commission to reconsider a recent rate decision, arguing the approved rate structure could create major cash flow problems for the utility.
In a motion for rehearing filed with the PSC, Kentucky Frontier says the commission’s April order did not raise monthly customer charges enough to cover the company’s fixed operating costs.
The utility had requested a monthly customer charge of $25, similar to rates charged by larger Kentucky gas companies, but the commission approved a charge of about $17.63 per month. Kentucky Frontier argues that amount would only cover about one-third of its summer operating expenses, when gas usage drops sharply.
The company says it could be forced to borrow at least $300,000 just to make it through the summer months because most of its approved rate increase was tied to gas usage rather than fixed monthly charges. The utility also cited unusually high natural gas costs during this past winter’s cold weather, saying those expenses prevented the company from building up cash reserves needed for lower-usage summer months.
Kentucky Frontier serves about 4,700 customers across several Eastern Kentucky counties, including Pike, Floyd, Johnson, Letcher and Perry counties.
In its original order, the PSC approved a lower overall revenue increase than the utility requested and raised concerns about some of the company’s expenses and affiliate business relationships.
Kentucky Frontier is now asking the commission to raise the monthly customer charge to at least $22.50, or alternatively to approve a revised rate structure aimed at improving year-round cash flow.
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McKinney asks to be freed from home incarceration, drug testing
PRESTONSBURG, Ky. — A Prestonsburg dentist accused of evidence tampering in the murder of Amber Spradlin has formally asked the court to release him from home incarceration and drug testing requirements.
Spradlin’s body was found June 18, 2023, at the Arkansas Creek home of dentist Michael McKinney. McKinney’s son, M.K. McKinney, has been charged with her murder, while both McKinneys and family friend Josh Mullins are charged with multiple counts of evidence tampering for allegedly trying to cover up the crime.
Michael McKinney and Mullins were both released from jail to home incarceration with work release shortly after their indictments. Now, in a motion filed with the court on Thursday, Michael McKinney is asking to be freed of those conditions.
The motion notes that McKinney has been in home incarceration for 21 months with no violations and no new criminal charges. It also says the random drug testing requirements are having a negative impact on his business, since he is required to leave patients waiting for up to two hours when he is called to give a sample.
Attorneys for Michael McKinney and Mullins both said in the last hearing May 11 that they would ask the court to be released from home incarceration and drug testing. Attorneys for M.K. McKinney said they would also ask for an amendment to his release conditions, but did not specify what changes they would seek.
Commonwealth’s Attorney Brent Turner indicated at the same hearing that he would agree to the release of Michael McKinney and Mullins, if the court thought it warranted, but he would oppose any attempt to release M.K. McKinney.
There has been no response yet to the motion.
A copy of the motion follows:
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