Kentucky Public Service Commission

Final Order Entered: 1. LG&E/KU’s request to for authorization to establish regulatory assets for the repair and restoration of the 2025 Winter Storm is granted. 2. LG&E/KU are authorized to establish regulatory assets for the incremental actual costs of extraordinary O&M expenses related to the storms as described in their application. 3. LG&E/KU shall file with this Commission, within 30 days from the date final actual costs amounts are known, a statement setting forth the total costs incurred, amounts deferred to a regulatory asset, and amounts determined to be normal operations. 4. The regulatory asset accounts established in this case are for accounting purposes only. 5. The amount, if any, of the regulatory assets authorized herein that is to be amortized and included in rates shall be determined in LG&E/KU’s next base rate case. 6. Any documents filed in the future pursuant to ordering paragraph 3 herein shall reference this case number and shall be retained in the post-case correspondence file. 7. This case is closed and removed from the Commission’s docket.

Verified Joint Application

Kendrick R. Riggs of Stoll Keenon Ogden PLLC Kentucky Utilities Company and Louisville Gas and Electric Company

20250129_PSC Acknowledgment Letter.pdf

Kentucky Utilities Company and Louisville Gas and Electric Company Notice of Intent to File a Joint Application for an Order Approving the Establishment of Regulatory Assets Using Electronic Filing Procedures