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What does an electric utility territorial law mean in Kentucky?

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What does an electric utility territorial law mean in Kentucky?

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In 1972, the Kentucky General Assembly passed one of the country s first territorial laws. The law, in essence, set up parameters for the service areas for Kentucky s investor-owned utilities and the electric cooperatives, which were then filed with the Kentucky Public Service Commission. This was a good way for Kentucky s electric utility companies to avoid the extra cost of stringing expensive electric lines that were already in place and to keep others from annexing service areas so the utility would not lose its source of income.

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