{"data":{"id":"us-ky/krs-278.192","jurisdiction":"us-ky","citation":"KRS 278.192","heading":"Test period for proposed rate increase.","body":"(1) For the purpose of justifying the reasonableness of a proposed general increase in\nrates, the commission shall allow a utility to utilize either an historical test period of\ntwelve (12) consecutive calendar months, or a forward -looking test period\ncorresponding to the first twelve (12) consecutive calendar months the proposed\nincrease would be in effect after the maximum suspension provided in KRS\n278.190(2).\n(2) (a) Any application utilizing a forward -looking test period shall include a base\nperiod to be f iled with the application, which begins not more than nine (9)\nmonths prior to the date of filing, consisting of not less than six (6) months of\nactual historical data and not more than six (6) months of estimated data at the\ntime of filing.\n(b) Actual res ults for the estimated months of the base period shall be filed no\nlater than forty-five (45) days after the last day of the base period.\n(c) Upon the filing of an application for a proposed increase in rates based on\neither a historical or a forward -looking test period, any intervening party in\nopposition to such application shall have the right to examine all data,\nincluding individual invoices, which comprise the actual expenditures of the\nutility incurred for ratemaking purposes for the preceding twelve  (12) month\nperiod immediately prior to the filing date.","path":["KRS Chapter 278"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14073","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:29Z","sha256":"3dfda741fed6ee54cd21135bf0bef6950c43c57e87b1cf7d94b18fbb0fc0cd0f","source_id":"us-ky","stale":false,"prev":"us-ky/krs-278.190","next":"us-ky/krs-278.200"},"notice":"GroundRules: Original legal text. Not legal advice."}