Eastern Kentucky lawmakers recently filed legislation that could offer relief from high electricity rates in economically distressed counties. Senate Bill 147 would require the Public Service Commission (PSC) to reconsider previous electricity rate increases in economically-distressed counties and to consider whether future increases would have an adverse economic impact on the citizens of those counties. In cases involving retail electric suppliers that have economically distressed counties in their service territory, the bill states that “the assumed rate of return on investment shall be no more than six percent (6%).” The most recent PSC decision allowed Kentucky Power to recover a 9.7% return on investment while the national average rate of return for electricity utility is 10%. Under this legislation, PSC would have the authority to modify, repeal, or replace rates and charges that do not meet established criteria. The bill further states that within six months of when a rate increase appears on the bill, ratepayers may file a petition with the PSC for a rehearing of the rate increase approval.