Kentucky Public Service Commission

Final Order Entered: 1. Kentucky Power is authorized to establish a regulatory asset for the incremental actual costs of extraordinary O&M expenses related to the storms as described in its application. 2. Kentucky Power is authorized to defer only the amount of incremental actual costs of extraordinary O&M expenses to the extent it exceeds the $1.1 million embedded in its base rates. 3. The regulatory asset accounts established in this case are for accounting purposes only and is not a final approval of the individual expenses for ratemaking purposes. 4. The amount, if any, of the regulatory asset herein that is to be amortized and included in rates shall be determined in Kentucky Power’s next base rate case. Kentucky Power shall maintain records, and provide the same in its rate case application, in sufficient detail to provide justification of all recorded expenses within the regulatory asset as prudent and necessary. 5. Kentucky Power is allowed to record expenses for storms occurring in any quarter of the fiscal year as a regulatory asset for accounting purposes only, subject to Kentucky Power providing the Commission with notice within five days of the establishment of the regulatory asset and subject to Kentucky Power filing an application within 90 days of the occurrence of the storm seeking Commission approval for such authority.

Kentucky Power Company’s Responses to Commission Staff’s First Set of Data Requests dated March 7, 2025

Marilyn Michelle Caldwell Kentucky Power Company

Data Request

Kentucky Power Company’s Application

Marilyn Michelle Caldwell Kentucky Power Company

Kentucky Power Company’s Amended Notice of Election to Use Electronic Filing Procedures and Amended Case Style

Marilyn Michelle Caldwell Kentucky Power Company

20250204_PSC Acknowledgment Letter.pdf

Kentucky Power Company Notice of Intent to File an Application for an Order Approving Accounting Practices to Establish a Regulatory Asset Related to the Extraordinary Expenses Incurred by Kentucky Power Company in Connection with the January 5, 2025 Major