Private company

Kentucky Utilities

Logo: https://www.wtvq.com/2014/11/05/kentucky-utilities-wants-to-raise-rates/, Non-free logo, via Wikipedia3

American electric utility company

Kentucky Utilities (KU) is based in Lexington, Kentucky, and provides electricity to 77 counties in Kentucky. KU also serves five counties in Virginia under the name Old Dominion Power. It is owned by LG&E and KU Energy, LLC, which, in turn, is owned by PPL Corporation.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1912Founded1
  • HeadquartersLouisville1

Kentucky Utilities (KU) is based in Lexington, Kentucky, and provides electricity to 77 counties in Kentucky. KU also serves five counties in Virginia under the name Old Dominion Power. It is owned by LG&E and KU Energy, LLC, which, in turn, is owned by PPL Corporation.2

How it started

History

Kentucky Utilities was formed in 1912 to serve five areas of Kentucky. In 1926, KU acquired Old Dominion Power. KU was acquired by LG&E Energy, parent of Louisville Gas & Electric, in 1998. This combination was then acquired by British utility company Powergen in 2000, and ultimately Powergen was bought by German utility company E.ON in 2003. E.ON renamed LG&E Energy as E.ON U.S. In 2010, E.ON U.S. was bought by PPL Corporation, who changed the name of the company to LG&E and KU Energy.

The use of the plural Utilities refers to the company's early sales mix of electricity and other utilities, including ice, which in its early days of mass-production, was made in some areas by electric utilities. The company still owns a 4-story structure on the northeast side of Lexington on Loudon Avenue known as the "Ice House". The facility was utilized for cold storage by Kentucky Utilities during the time when ice was part of its "Utilities" portfolio of offerings. The adjacent property on North Limestone Street utilized a power generation facility to provide DC (direct current) power for the city's trolley system in the early 1900s. This trolley system used the current rail line separating the two properties, which is now owned and operated by R. J. Corman Railroad.

KU's facilities include the coal-fired generating station E. W. Brown Power Station, near Burgin, Kentucky. It sits adjacent to Lake Herrington, which was formed in 1926 by constructing Dix Dam, which contained hydro-electric generators. The company's electric distribution dispatch was located in Lexington until the consolidation of Louisville (LG&E) and Lexington (KU) distribution dispatch centers in 2019. Legacy Kentucky Utilities power generation facilities include Pineville Station (located in Fourmile, KY) and Tyrone Station (located near Frankfort, KY). These facilities have been demolished as of early 2020. Other facilities include various Customer Business Office locations, Electric Distribution Operations Centers, Service Center and Storerooms scattered across the state and throughout the KU and ODP service territory.

From Wikipedia’s article on Kentucky Utilities, shared under CC BY-SA 4.0.2

Timeline

  1. 1912Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$128.9M 2008–2026
Figures by year
YearFederal grantsOther federal assistanceFederal contractsTotal
2026–$35.0M$876.3K$35.9M
2025––$566.2K$566.2K
2024$72.0M–$794.6K$72.8M
2023––$885.3K$885.3K
2022––$832.2K$832.2K
2021––$70.0K$70.0K
2020––$780.6K$780.6K
2019––$2.5M$2.5M
2018––$2.5M$2.5M
2017––$789.2K$789.2K
2016––$840.5K$840.5K
2015––$945.6K$945.6K
2014––$809.1K$809.1K
2013––$768.7K$768.7K
2012––$226.1K$226.1K
2011––$1.7M$1.7M
2010––$235.1K$235.1K
2009––$2.5M$2.5M
2008––$3.2M$3.2M

Federal awards

Obligated amounts from USAspending.gov4, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Sep 12, 2024$72.0M from Department of Energy: Clean Energy Demonstrations5 To KENTUCKY UTILITIES COMPANY Award DECD0000052

Largest contracts

  1. Oct 1, 2019$1.8M from Department of Veterans Affairs: Electricity services6 To KENTUCKY UTILITIES COMPANY Award 36C24920F0030
  2. Oct 1, 2018$1.7M from Department of Veterans Affairs: Electric utilities7 To KENTUCKY UTILITIES COMPANY Award 36C24919F0074
  3. Oct 1, 2009$1.5M from Department of Veterans Affairs: Electric8 To KENTUCKY UTILITIES COMPANY Award V596C08002ABCD
  4. Jan 1, 2011$1.4M from Department of Veterans Affairs: Express report electricity9 To KENTUCKY UTILITIES COMPANY Award V596C18002BCD
  5. Sep 4, 2008$1.4M from Department of the Army: Construction10 To KENTUCKY UTILITIES COMPANY Award W52P1J08C3022