Energy and Environment Public Service Commission

Actual FY 2024Actual FY 2025Revised FY 2026Recommended FY 2027Recommended FY 2028
SOURCE OF FUNDS
General Fund
Regular Appropriation12,862,50013,833,40014,620,90013,728,60013,992,500
State Salary and Compensation Allocation314,8001,0001,600
Continuing Approp-General Fund2,353,6801,687,9601,172,900 (438,700)
Total General Fund15,530,98015,522,36015,356,70013,728,60013,992,500
Restricted Funds
Balance Forward3,230,5603,884,7273,600,1002,231,4001,059,000
Current Receipts1,342,746997,143996,9001,176,4001,292,300
Non-Revenue Receipts618,907540,680676,700691,500693,000
Total Restricted Funds5,192,2135,422,5505,273,7004,099,3003,044,300
Federal Fund
Balance Forward(142,998)(124,259)(124,000)
Current Receipts881,9321,039,2141,346,9001,169,6001,181,200
Non-Revenue Receipts(123,421)(94,748)(84,200)(84,200)(84,200)
Total Federal Fund615,513820,2071,138,7001,085,4001,097,000
TOTAL SOURCE OF FUNDS21,338,70621,765,11621,769,10018,913,30018,133,800
EXPENDITURES BY CLASS
Personnel Costs13,005,75314,658,00516,638,80015,369,50015,601,800
Operating Expenses1,845,4352,280,2882,524,3002,158,7002,203,500
Grants Loans Benefits6,905
Capital Outlay1,039,091170,863374,600326,100326,100
TOTAL EXPENDITURES15,890,27817,116,06119,537,70017,854,30018,131,400
EXPENDITURES BY FUND SOURCE
General Fund13,843,01914,349,48515,356,70013,728,60013,992,500
Restricted Funds1,307,4861,822,3673,042,3003,040,3003,041,900
Federal Fund739,773944,2091,138,7001,085,4001,097,000
TOTAL EXPENDITURES15,890,27817,116,06119,537,70017,854,30018,131,400
EXPENDITURES BY UNIT
Public Service Commission15,890,27817,116,06119,537,70017,854,30018,131,400
TOTAL EXPENDITURES15,890,27817,116,06119,537,70017,854,30018,131,400

The Public Service Commission, pursuant to KRS Chapter 278, regulates the intrastate rates and services of over 500 investor-owned electric, natural gas, telephone, water and sewage utilities, rural electric and telephone cooperatives, and water districts. The three-member Commission performs its regulatory functions through written orders following adjudicative and rule making procedures outlined in statute. The Commission is an independent agency attached to the Energy and Environment Cabinet for administrative purposes only.

The Commission's goal is to ensure that every utility charges fair, just, and reasonable rates for the services rendered and that those services are adequate and efficient.

The agency is funded by an assessment of all utilities under the Commission's jurisdiction based on the annual gross intrastate revenues.