Paducah-based Jackson Purchase Energy Corporation is seeking approval from the Kentucky Public Service Commission to build a new headquarters.
Last Friday, JPEC filed an application for a certificate of public convenience and necessity with the PSC, which regulates customer-owned electric cooperatives. In its filings, Jackson Purchase says it "intends to acquire an existing building within its service territory and construct/remodel to accommodate its need for a new headquarters facility."
JPEC has also filed a motion with the PSC to keep the details of its plans to acquire property for the new headquarters confidential, contending the disclosure "would give competitors an unfair commercial advantage and insights into Jackson Purchase's business operations and financial strategies that are otherwise publicly unavailable."
In a statement provided to The Sun, Greg Grissom, JPEC president/CEO, said the utility has outgrown its current headquarters at 2900 Irvin Cobb Drive, which was erected in 1969-1970.
Advances in equipment have also proven to be a problem in the 1970-era building, he said.
"As bucket trucks have increased in size, they have become increasingly difficult to even fit through the garage doors of our shop, a shop that was designed using materials typically employed at the time for similar commercial buildings and model trucks."
According to the statement, the new facility "will be located near the center of the JPEC six-county service area and will be designed to accommodate future growth."
JPEC provides electric service to more than 30,000 consumer-members in all or portions of six counties: Ballard, Carlisle, McCracken, Graves, Marshall and Livingston.
"Economic development not only means more jobs for our thriving community, but more residents in our service territory and growth for the cooperative," Grissom said.