Louisville Metro and LFUCG Granted Full Intervention in LG&E/KU Merger Proceeding

COMMONWEALTH OF KENTUCKY BEFORE THE PUBLIC SERVICE COMMISSION In the Matter of:

O R D E R This matter arises upon the motion of the Louisville/Jefferson County Metro Government (Louisville Metro) and Lexington-Fayette Urban County Government (LFUCG) (collectively, Joint Movants or Louisville Metro/LFUCG) filed on April 15, 2026, for full intervention. Joint Movants stated that they will present issues and develop facts that will assist the Commission in fully considering the matter without unduly complicating or disrupting the proceeding. In addition, Joint Movants further stated that existing parties to the 1

proceeding do not adequately represent Joint Movants' respective interests. 2 Joint Movants stated that Louisville Metro is a consolidated local government established under KRS Chapter 67C. The Joint Motion noted that LFUCG is an urban 3 county government established under KRS Chapter 67A. According to the motion, both 4 Louisville Metro and LFUCG pay over $10 million annually to Louisville Gas and Electric

Joint Motion to Intervene (Joint Motion) (filed Apr. 15, 2026) at 2-3. 1 Joint Motion at 2-4. 2 Joint Motion at 1. 3 Joint Motion at 1. 4ELECTRONIC JOINT APPLICATION OF )

KENTUCKY UTILITIES COMPANY AND ) CASE NO. LOUISVILLE GAS AND ELECTRIC COMPANY ) 2026-00077 FOR APPROVAL OF MERGER )

Company (LG&E) and Kentucky Utilities Company (KU) (collectively, LG&E/KU) for electrical service. The motion noted that Louisville Metro is the biggest customer of 5

LG&E's Outdoor Lighting classification and LFUCG is KU's largest Outdoor Lighting

classification customer. 6 Joint Movants stated that, if granted intervention, they intended to develop facts and address issues including the following: 1) how LG&E/KU will maintain separate rate districts if the merger is approved, 2) the proposed financial benefits and efficiencies of the merger, 3) the effect of unifying reporting for the fuel adjustment clause (FAC) and off-system sales (OSS) adjustment clause will have on rates and 4) the effect on franchises. The Joint Movants stated that they would participate jointly while not unduly 7 complicating the proceedings. 8 LEGAL STANDARD The Attorney General of the Commonwealth of Kentucky, by and through the Office of Rate Intervention (Attorney General), has the statutory right to intervene in Commission cases pursuant to KRS 367.150(8)(b). The Attorney General has been granted intervention in this case. With limited exception, intervention by all others is 9 permissive and within the sole discretion of the Commission. 10

Joint Motion at 1. 5 Joint Motion at 2. 6 Joint Motion at 3-4. 7 Joint Motion at 3-4. 8 Order, Mar. 30, 2026. 9 KRS 164.2807. 10

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The regulatory standard for permissive intervention, set forth in 807 KAR 5:001, Section 4, is twofold. Commission regulation 807 KAR 5:001, Section 4(11), requires a person to set forth in the motion to intervene either (1) a special interest in the proceeding that is not otherwise adequately represented in the case, or (2) that intervention is likely to present issues or develop facts that will assist the Commission in fully considering the matter without unduly complicating or disrupting the proceedings. DISCUSSION AND FINDINGS Based on a review of the pleadings at issue and being otherwise sufficiently advised, the Commission finds that Joint Movants have demonstrated that they are likely to present issues or develop facts that will assist the Commission in considering this matter without unduly complicating or disrupting the proceedings for the reasons discussed below. The Commission notes that both movants are the largest cities in Kentucky with unique government structures serving large populations receiving electrical service from LG&E and KU, individually. As noted in the motion, the cities have participated in past cases to assist in developing a comprehensive record before the Commission. 11

Joint Motion at 3; citing Case No. 2025-00045, Electronic Application of Kentucky Utilities 11

Company and Louisville Gas and Electric Company For Certificates Of Public Convenience and Necessity and Site Compatibility Certificates (Ky. PSC Mar. 31, 2025), Order; Case No. 2025-00113, Electronic Application of Kentucky Utilities Company for an Adjustment of Its Electric Rates and Approval of Certain Regulatory And Accounting Treatments (Ky. PSC Jul. 2 , 2025), Order and Case No. 2025-00114, Electronic Application of Louisville Gas and Electric Company for An Adjustment of Its Electric And Gas Rates and Approval of Certain Regulatory and Accounting Treatments (Ky. PSC Jul. 2, 2025), Order.

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The Commission finds that Joint Movants should be granted full rights of a party in this proceeding. The Commission directs Joint Movants to the Commission's July 22, 2021, Order in Case No. 2020-00085 regarding filings with the Commission. 12 Because Joint Movants' stated that they will speak as one party, the Commission finds that Louisville Metro and LFUCG should each file a separate copy of all documents related to their proposed joint participation in this matter. In addition, the Commission

would like those agreements to reflect the Joint Movants' plan should diverging interests

arise in this matter. IT IS HEREBY ORDERED that:

1. Louisville Metro/LFUCG's motion to intervene is granted.
2. Louisville Metro/LFUCG are entitled to the full rights of a party and shall be served with the Commission's Orders and with filed testimony, exhibits, pleadings,

correspondence, and all other documents submitted by parties after the date of this Order.

1. Louisville Metro/LFUCG shall comply with all provisions of the

Commission's regulations, 807 KAR 5:001, Section 8, related to the service and electronic

filing of documents.

1. Louisville Metro/LFUCG shall adhere to the procedural schedule set forth in
   the Commission's April 10, 2026 Order and as amended by subsequent Orders.

2. Pursuant to 807 KAR 5:001, Section 8(9), within seven days of service of
   this Order, Louisville Metro/LFUCG shall file a written statement with the Commission that:

Case No. 2020-00085, Electronic Emergency Docket Related to the Novel Coronavirus COVID-1219 (Ky. PSC July 22, 2021), Order (in which the Commission ordered that for case filings made on and after March 16, 2020, filers are NOT required to file the original physical copies of the filings required by 807 KAR 5:001, Section 8).

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1. Certifies that it, or its agent, possesses the facilities to receive
   electronic transmissions; and

2. Sets forth the electronic mail address to which all electronic notices
   and messages related to this proceeding shall be served.

3. Each of the Louisville Metro/LFUCG shall file a separate copy with the
   Commission of their individual agreement regarding their joint participation in this matter as set forth in this Order within ten days.

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Entered on this 24th day of April, 2026. PUBLIC SERVICE COMMISSION ___________________________ Chair ___________________________ Commissioner ___________________________ Commissioner

ATTEST:

______________________ Executive Director

Case No. 2026-00077

Service List for 2026-00077

• Angela M Goad Assistant Attorney General Office of the Attorney General Office of Rate Intervention 700 Capitol Avenue Suite 20 Frankfort, KY 40601-8204
• Honorable Allyson K Sturgeon Vice President and Deputy General Counsel-Regulatory and PPL
• Honorable W. Duncan Crosby III Attorney at Law Stoll Keenon Ogden, PLLC 2000 PNC Plaza 500 W Jefferson Street Louisville, KY 40202-2828
• James W Gardner Sturgill, Turner, Barker & Moloney, PLLC 333 West Vine Street Suite 1400 Lexington, KY 40507
• Jody Kyler Cohn Boehm, Kurtz & Lowry 425 Walnut Street Suite 2400 Cincinnati, OH 45202

• John Horne
  Office of the Attorney General Office of Rate Intervention 700 Capitol Avenue Suite 20 Frankfort, KY 40601-8204

• JEB Pinney Sturgill, Turner, Barker & Moloney, PLLC 333 West Vine Street Suite 1400 Lexington, KY 40507

• Denotes served by Email

• Honorable Lindsey W Ingram, III Attorney at Law STOLL KEENON OGDEN PLLC 300 West Vine Street Suite 2100 Lexington, KY 40507-1801

• Lawrence W Cook Assistant Attorney General Office of the Attorney General Office of Rate Intervention 700 Capitol Avenue Suite 20 Frankfort, KY 40601-8204

• Michael West Office of the Attorney General Office of Rate Intervention 700 Capitol Avenue Suite 20 Frankfort, KY 40601-8204

• Honorable Michael L Kurtz Attorney at Law Boehm, Kurtz & Lowry 425 Walnut Street Suite 2400 Cincinnati, OH 45202

• Monica Braun STOLL KEENON OGDEN PLLC 300 West Vine Street Suite 2100 Lexington, KY 40507-1801

• Rick E Lovekamp Manager - Regulatory Affairs

• Robert Conroy Vice President, State Regulation and Rates

• Rebecca C. Price Sturgill, Turner, Barker & Moloney 155 East Main Street Lexington, KY 40507

• Denotes served by Email Service List for Case 2026-00077

• Kentucky Utilities Company 220 W. Main Street P. O. Box 32010 Louisville, KY 40232-2010

• Louisville Gas and Electric Company 820 West Broadway Louisville, KY 40203

• Louisville Gas and Electric Company 820 West Broadway Louisville, KY 40203

• Sara Judd Senior Corporate Attorney

• Toland Lacy
  Office of the Attorney General 700 Capital Avenue Frankfort, KY 40601

• Denotes served by Email Service List for Case 2026-00077