Thank you for visiting paducahsun.com, the online home of The Paducah Sun.

June 2012
27 28 29 30 31 01 02

Click here to submit an event.

Residents paying dearly for Paducah Power's mistake



Paducah Power is costing its customers thousands of dollars.

If Paducah Power is truly "Owned By The People of Paducah" their board has put each of us in debt in excess of $20,000 while charging the highest electrical rates in our area.

One reason PPS stated for leaving TVA was their being "heavily" in debt. TVA debt is about $3,000 per customer.

Their decision to form KMPA and become a power producer by investing in the Prairie State Power Plant will cost the people of Paducah for many years to come in increased electrical costs and diminished real estate value because of it. The board has refused to admit that it was a poor decision to invest in a power plant in Illinois. The plant went more than $2 billion over budget and has no incentive to operate efficiently because all its power is pre-sold at whatever it costs to produce.

We should join the other investor communities that are seeking an investigation from the Securities & Exchange Commission. The Paducah Power Board was sold a terrible deal with false promises and claims.

We operate lumber yards in six different counties in western Kentucky. In February our kilowatt rate in Paducah was 30 percent higher than the closest non-KMPA member and 65 percent higher than our cheapest rate. My personal power bill from PPS increased by 42.6 percent per kilowatt in February 2014 versus February 2013.

When buying or building a new home or business in McCracken County in the future, who the electrical provider is will be a determining factor. Paying 30 percent more for electricity will affect the price that a home or commercial building is worth.

Because of the extreme cost overruns of the Illinois-based Prairie State plant and its poor performance, the residents of Paducah and McCracken County are going to continue to pay dearly for the decisions of the Paducah Power board for many years to come.

I think it is time for new management at Paducah Power and the mayor needs to appoint a board member with power "generating" experience. There are plenty of qualified candidates who worked at and managed one of TVA's most efficient coal-fired steam plants, Shawnee Fossil Plant in West Paducah.



Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha 9b5fa2ce8a244c2e9cef11f7ca31f432
Top Classifieds
  • • Old English Bulldog Puppy$ ... Details
  • FREE kittens508-479-8673 Details
  • FIRST NATIONAL BANK of Paducah Series ... Details
  • RUNNING, fixable, junk vehicles, equi ... Details
  • PILLOW TOPmattress sets NEW in plasti ... Details
  • SEEING is believing! Don't b ... Details
This Week In Photos
Most Popular
  1. Thought dedication You decide what to think, how to react
  2. Make informed decision on old 401K
  1. WKCTC adds welding training enhanced with robotics
  2. Authorities arrest 2 in Smithland assault
  3. New WKCTC welding certification benefits students and area companies
  1. Thought dedication You decide what to think, how to react
  2. Make informed decision on old 401K

Check out these recently discussed stories and voice your opinion...