In accordance with state law, the Kentucky Public Service Commission (PSC) has calculated the annual interest rate to be paid on member deposits for 2015.

Reserve funds that have been applied to fully offset a 2014 increase in Kenergy's wholesale power costs to the co-op's 19 industrial members is expected to end in August. The fund's depletion will end a credit on Kenergy bills this class has received since Feb. 1, 2014.

Business members should expect their credits to end at the same time.

Earlier projections had the reserve fund drying up in July.

"We are pleased the credits are expected to remain intact until August," said David Hamilton, Vice President of Member Services. "We're sure our commercial and industrial members will be pleased with this additional assistance."

Prior to Kenergy's Annual Meeting to be held on June 9, individuals will be elected to represent District 2, 7 and 10.

A ballot listing the qualified candidates in a contested district election will be mailed in May to each Kenergy member residing within the district.  Members will also have the option to vote online in 2015.

FRANKFORT, Ky. (April 25, 2014) – The Kentucky Public Service Commission (PSC) today adjusted the revenue and rates of Big Rivers Electric Corp. to reflect the January departure from its system of the Century Aluminum smelter in Sebree.

The rates for the remaining customers will increase, although not by as much as the utility requested. Customers will not feel the effect of the rate increases until next year. The PSC agreed to let Big Rivers use reserve funds to fully offset the increases for as long as possible.

Once the reserve funds are exhausted, residential customers will see monthly bills increase by about $15 on average. But the actual size of any increase will vary depending on which of three distribution cooperatives serves that customer and on individual usage patterns.

Kenergy’s Owensboro District recently hired Marc Stewart, an apprentice line tech. Marc started work on Monday, Oct. 20. Before coming to Kenergy, Marc was a line tech at Delaware County Electric Cooperative, where he worked more than four years.  Part of that time, Marc worked with Greg Starheim. Marc is married to Lacy Stewart. The couple will reside in Owensboro. His hobbies are hunting and outdoor sports.

Jill Frakes has been hired to work as a Member Service Representative (MSR) at Kenergy’s Hawesville office. Frakes, a Hawesville resident, starts training for her new position on Monday, Oct. 6. She will take over the position now held by Carla Early, who plans to retire Jan. 2 after working as an MSR at the Hawesville office for 36 years. As the title implies, MSRs assist members in various ways,…

Kenergy’s Board of Directors elected officers at the board’s regularly scheduled meeting on Tuesday, July 8. Bob White of Sturgis was re-elected as chairman.  Billy Reid of Owensboro is now vice-chairman.  And Brent Wigginton of Hawesville is the secretary-treasurer.

Despite "a tumultuous two years," Kenergy Corp. is performing well.
That was the overarching message Greg Starheim, Kenergy Corp's president and CEO, delivered to the Green River Area Development District board of directors and guests Wednesday.
"We're doing well in about all aspects, and we're off to a good start in 2014," Starheim said.
The nonprofit co-op returned $2.3 million to its members in 2013 from positive margins earned the previous year, he said.

Anne Barning and Susie Humphrey will be promoted to Member Service Representatives effective Monday, June 30. Barning joined Kenergy as a cashier in August 2009, and Humphrey started working at the co-op as a cashier in November 2010. Member Service Representatives assist members with payments and meter readings, inform members about rate increases and other important co-op business, and handle complaints, to name a few duties. Barning works in Henderson, and Humphrey works in…