-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VGFFKjrHBjkG0wi7DZlkAhuvz35o9IPVdJDRgkkGYbhtk5foDRKsKWhLayNyLl7Q r72VD618cCy2wZmbLzQpMA== 0001047469-98-044639.txt : 19981222 0001047469-98-044639.hdr.sgml : 19981222 ACCESSION NUMBER: 0001047469-98-044639 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981217 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LG&E ENERGY CORP CENTRAL INDEX KEY: 0000861388 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 611174555 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10568 FILM NUMBER: 98773104 BUSINESS ADDRESS: STREET 1: 220 W MAIN ST STREET 2: P O BOX 32030 CITY: LOUISVILLE STATE: KY ZIP: 40232 BUSINESS PHONE: 5026272000 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KENTUCKY UTILITIES CO CENTRAL INDEX KEY: 0000055387 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 610247570 STATE OF INCORPORATION: KY FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03464 FILM NUMBER: 98773105 BUSINESS ADDRESS: STREET 1: ONE QUALITY ST CITY: LEXINGTON STATE: KY ZIP: 40507 BUSINESS PHONE: 6062552100 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOUISVILLE GAS & ELECTRIC CO /KY/ CENTRAL INDEX KEY: 0000060549 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 610264150 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-02893 FILM NUMBER: 98773106 BUSINESS ADDRESS: STREET 1: 220 W MAIN ST STREET 2: P O BOX 32010 CITY: LOUISVILLE STATE: KY ZIP: 40232 BUSINESS PHONE: 5026272000 MAIL ADDRESS: STREET 1: 220 WEST MAIN ST CITY: LUUISVILLE STATE: KY ZIP: 40232 8-K 1 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 17, 1998 Commission Registrant, State of Incorporation, IRS Employer File Number Address, and Telephone Number Identification No. - ----------- ----------------------------------- ------------------ 1-10568 LG&E ENERGY CORP. 61-1174555 (A Kentucky Corporation) 220 West Main Street P.O. Box 32030 Louisville, Ky. 40232 (502) 627-2000 2-26720 LOUISVILLE GAS AND ELECTRIC COMPANY 61-0264150 (A Kentucky Corporation) 220 West Main Street P.O. Box 32010 Louisville, Ky. 40232 (502) 627-2000 1-3464 KENTUCKY UTILITIES COMPANY 61-0247570 (A Kentucky and Virginia Corporation) One Quality Street Lexington, Kentucky 40507-1428 (606) 255-2100 ITEM 5. OTHER EVENTS On December 18, 1998, LG&E Energy Corp. noted the recent decision of the Kentucky Supreme Court regarding the environmental cost recovery mechanism allowing its subsidiaries, Kentucky Utilities Company and Louisville Gas and Electric Company, to recover certain costs associated with environmental compliance and requiring certain refunds. A news release of LG&E Energy describing the above matter is filed with this report as Exhibit 99.01 and is incorporated herein by reference. ITEM 7(c). EXHIBITS FILED 99.01 News Release dated December 18, 1998 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LG&E ENERGY CORP. Dated: December 21, 1998 BY: /s/ John R. McCall --------------------------------- Executive Vice President, General Counsel and Corporate Secretary Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LOUISVILLE GAS AND ELECTRIC COMPANY Dated: December 21, 1998 BY: /s/ John R. McCall ---------------------------------- Executive Vice President, General Counsel and Corporate Secretary Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KENTUCKY UTILITIES COMPANY Dated: December 21, 1998 BY: /s/ John R. McCall ---------------------------------- Executive Vice President, General Counsel and Corporate Secretary 2 EXHIBIT INDEX LG&E ENERGY CORP. LOUISVILLE GAS AND ELECTRIC COMPANY KENTUCKY UTILITIES COMPANY Current Report on Form 8-K Dated December 17, 1998 EXHIBITS EXHIBIT NO. DESCRIPTION - ----------- ----------- 99.01 News Release dated December 18, 1998 3 EX-99.1 2 EXHIBIT 99.1 For More Information: Grant Ringel, LG&E Energy (502) 627-2877 KENTUCKY SUPREME COURT UPHOLDS ENVIRONMENTAL COST RECOVERY MECHANISM RULES OUT RECOVERY OF EXPENSES INCURRED BEFORE 1993 (Louisville, Ky -- December 18, 1998) LG&E Energy Corp. (NYSE-LGE) announced today that the Kentucky Supreme Court Thursday affirmed the constitutionality of the Environmental Cost Recovery (ECR) mechanism that allows Kentucky Utilities Company (KU) and Louisville Gas and Electric Company (LG&E) to recover the costs associated with environmental compliance. The bulk of the amount recovered by KU through the ECR has been approved by the decision. However, the court reversed a Court of Appeals ruling and denied recovery of environmental costs for projects completed prior to January 1, 1993, when the ECR went into effect. The court remanded the case back to the Kentucky Public Service Commission (KPSC) to determine the proper adjustments necessary to refund the money collected for the pre-1993 environmental projects. While the case dealt specifically with the ECR rate mechanism of KU, the ruling may also affect the ECR amounts recovered by LG&E. LG&E Energy presently estimates the refund associated with these costs could be between $15-$22 million for KU and between $0-$5 million for LG&E. The Company continues to examine the court's ruling and the size and timing of any eventual refunds will depend upon calculations mandated by the KPSC for implementing such refunds. The company is considering filing a motion for reconsideration of the matter with the Kentucky Supreme Court. LG&E and KU are both wholly-owned subsidiaries of LG&E Energy Corp. (MORE) DECISION - ADD ONE DECEMBER 18, 1998 LG&E Energy Corp., headquartered in Louisville, Ky. is a diversified energy services company with businesses in power generation and project development; retail gas and electric utility services; and asset-based energy marketing. The company owns and operates Louisville Gas and Electric Company, a regulated electric and gas utility serving Louisville, Ky. and 16 surrounding counties, and Kentucky Utilities Company, a regulated electric utility, based in Lexington, Ky., which serves 77 Kentucky counties and five counties in Virginia. LG&E Energy also owns equity in and operates power plants in seven states as well as in Spain, and owns interests in two natural gas distribution companies in Argentina. ---30--- -----END PRIVACY-ENHANCED MESSAGE-----