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Kenergy CEO resigns, accepts new position

Kenergy announces the resignation of its President and Chief Executive Officer Greg Starheim. Starheim has served in that role since July 2012. In his notice of resignation, Starheim indicates the reason for his departure from Kenergy is to accept a position as senior vice-president for the National Rural Utilities Cooperative Finance Corporation (“CFC”), a prominent and well-respected national organization that provides debt financing and other financial services to electric cooperatives across…

New technology enhances service, reliability

By President and CEO Greg Starheim Kenergy’s management team continuously looks for ways to improve service to members, to strengthen system reliability and to operate more efficiently. I am excited to announce an upcoming upgrade to Kenergy’s electric system that will achieve all those objectives. This year, Kenergy will undergo a replacement of existing meters with a new digital advanced metering system.

Kenergy board approves $3 million capital credit retirement

HENDERSON, KY. – Kenergy’s Board of Directors recently voted to return $3 million to its members in the form of a capital credit retirement during the summer of 2015. The difference between a cooperative such as Kenergy and an investor-owned utility is that a cooperative is owned by those it serves. As a member-owner, members share in the co-op’s profits. At the close of each fiscal year, profits are allocated back…

Kenergy promotes Stacy McDonald

Stacy McDonald has been promoted to a Member Service Representative. As such, she will be responsible for providing courteous, accurate and prompt service to members and the general public. She will assist members with deferred payment agreements and perform other member service functions. Before coming to Kenergy in early January, Stacy worked 11 years as an office manager at Ohio Valley Medical Associates. She is completing her associate’s degree in…

Commercial, industrial bills to climb

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…

Kenergy hires Steven Wilkey as Henderson MSR

Steven Wilkey has joined Kenergy as a Member Service Representative (MSR) in the Henderson office. Wilkey, an Owensboro resident, started his new position on Monday, Dec. 8. As the title implies, MSRs assist members in various ways, including payments, meter readings and applications for new service. Before coming to Kenergy, Wilkey worked for the Disaster Team and Express Employment Professionals. He had worked at Kenergy as a temporary employee since…

Three directors to be elected in 2015

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.

PSC adjusts rates for Big Rivers

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…