Kentucky RealEstateRama

The agreement allows Kentucky Power to increase annual revenue by $45.4 million, which is 57 percent of the amount sought by the company in its application. As part of the settlement, Kentucky Power agreed to drop its appeal of an earlier PSC decision that disallowed certain fuel costs, saving the company’s customers a total of about $54 million

Citi and Renew Financial today announced that they recently closed the first ever asset-backed security (ABS) transaction comprised of unsecured consumer energy efficiency loans. This is good news for Kentucky homeowners who need to make energy efficient improvements to their homes. The landmark transaction – in which Renew Financial and Citi issued $12.58 million in securities – creates a new asset class in the form of ABS backed by pools of residential energy efficiency loans.

The Kentucky Agricultural Development Board, chaired by Gov. Steve Beshear, approved $5,328,053 for 38 agricultural diversification and rural development programs across the Commonwealth during its June board meeting

Building off last week’s hearing, the Energy and Power and Commerce, Manufacturing, and Trade subcommittees today held a joint hearing to examine the EPA’s proposed revisions to the existing ozone standard and potential impacts on jobs and manufacturing.

Building off last week’s hearing, the Energy and Power and Commerce, Manufacturing, and Trade subcommittees today held a joint hearing to examine the EPA’s proposed revisions to the existing ozone standard and potential impacts on jobs and manufacturing.

AmeriSave Mortgage Corporation, NMLS ID #1168, announces today it plans to establish an office in Louisville, Kentucky, and offer jobs to approximately 125 employees and support personnel formerly employed by Discover Home Loans, Inc., which is winding down its mortgage origination operations there

Each year, Kentucky employers pass up hundreds of dollars in tax incentives by not taking advantage of an Kentucky Unemployment Tax Credit (KUTC) Program. And now the updated application for the program is an easy, one-page electronic form that can be filled out online.

The American Printing House for the Blind (APH) is pleased to announce that U.S. Senate Majority Leader Mitch McConnell, in acknowledgement of his continuing efforts in support of educational opportunities for people with vision loss, is a recipient of APH’s new Building Independence Award. The award is intended to demonstrate APH's sincere gratitude for outstanding efforts in support of its mission.

U.S. Rep. Ed Whitfield (KY-01) voted last night in support ofH.R. 2577, the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act for Fiscal Year 2016. The measure passed the House of Representatives by a vote of 216 to 210. Whitfield released the following statement upon passage.

The Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-KY), yesterday held a hearing on the “Quadrennial Energy Review and Related Discussion Drafts.” Secretary of Energy Ernest Moniz touched on the findings of the administration’s Quadrennial Energy Review (QER), which highlighted the need to modernize our nation’s energy transmission, storage, and distribution infrastructure.

U.S. Representative Ed Whitfield (KY-01), Chairman of the House Subcommittee on Energy and Power, is pleased to announce grants to three area airports from the Federal Aviation Administration through the U.S. Department of Transportation.

Green River Correctional Complex, (GRCC) in Central City, received a near-perfect audit score on its recent re-accreditation audit with the American Correctional Association (ACA). The prison received a total score of 99.8 percent. GRCC received its initial accreditation in 1997 and this audit marks the seventh accreditation in the history of the institution

Under a settlement reached with the Kentucky Office of Attorney General and approved by the PSC, the electric distribution cooperative will be allowed to increase annual revenue by about $1.4 million, or 1.24 percent. That is 57 percent of the $2.45 million increase (2.17 percent) requested by Blue Grass Energy

The U.S. Environmental Protection Agency (EPA) announced today that it plans to award four recipients in Kentucky with brownfields grants for new investments to provide communities with funding necessary to clean and redevelop contaminated properties, boost local economies and create jobs while protecting human health

U.S. Rep. Ed Whitfield (KY-01) voted last night in support of H.R. 880, the American Research and Competitiveness Act, and H.R. 1806, the America COMPETES Reauthorization Act. Both measures passed the House of Representatives by a vote of 274 to 145 and 217 to 205, respectively. Whitfield released the following statement upon passage