Save Money on Your KU or LGE Electric Bill

(Last Updated On: July 2, 2018)

KU Electric, also known as Kentucky Utilities, serves over 500,000 customers across Kentucky and Virginia. LGE and KU operate as separate companies, but all of their services are the same! If you’re a KU Electric customer, you’ve probably wondered how to save money on your Kentucky Utilities bill!

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Make sure you’re on the best rate plan for your electricity use!

KU Electric offers several rate plans. By default, customers are placed on the standard rate plan that bills you one basic rate for your electricity usage. If you can avoid using electricity during peak or high-demand hours, you may be able to save money on a Time of Day rate plan!

There are two Time of Day rate plans available from Kentucky Utilities: the Energy Rate and the Demand Rate.

If you use the Energy Rate Plan, you’ll pay 20% less for your electricity during off-peak hours. When you use electricity during evenings, nights and weekends instead of daytime hours, you can save a bundle! If you have a programmable thermostat, timers on your appliances and/or the ability to manage when your appliances are running, the Energy Rate plan may work for you.

The Demand Rate is even more complicated. When you’re on the Demand plan, you’ll also need to ensure that you’re spreading out your energy usage. Using too much energy at once will cost you extra, so KU Electric recommends that Demand customers never cook, wash dishes and laundry at the same time. You’ll want to do one task at a time to avoid that costly demand penalty charge.

Check out these helpful payment options!

KU Electric customers frequently see peaks in their bills during the cold winters and the hot, humid summers. Fortunately, KU Electric has budget billing options and other payment plans that can help you manage your power bill better!

First of all, electric bills can be complicated to read. KU Electric offers a helpful how-to guide when it comes to interpreting all the graphs, charts and costs listed on your power bill.

Budget payment plans average your annual usage into twelve equal payments. To avoid huge settlement amounts, the power company reviews the account and may adjust the payment amount during the 4th and 8th month of your plan. To have the best experience and lowest settlement amounts, Kentucky Utilities recommends that you enroll during May, June, September or October.

If you don’t think you’re going to be able to pay your bill, call (800) 981-0600 to make payment arrangements. KU Electric can help you establish a partial payment schedule, budget payment option or something else.

Save Money on your KU and LGE Electric bills!

There are more ways to save money than just turning off the lights or drying your laundry on a clothesline.

If you’re a low income KU Electric customer, you may be able to qualify for the WeCare ProgramShort for Weatherization, Conservation Advice and Recycling Energy, WeCare provides education and weatherization services that can help you save money on your monthly bill.

When you enroll in the LGE WeCare program, a trained weatherization specialist will visit your home and identify improvements that could be made. They’ll even help you with certain improvements, such as LED lighting, aerators and energy efficient showerheads. You may even receive air sealing, attic insulation and other items! Click here to see more information, including income limits. 

LGE and KU Electric

Don’t qualify for WeCare? For just $25, you can have an On-Site Home Energy Analysis. A professional will visit your home and analyze your energy efficiency. For the next 36 months, you’ll be able to take advantage of these awesome incentives!

If you’ve been a KU Electric customer for at least 12 months, you can use an Online Home Energy Analysis that will give you customized advice on how you can improve your home’s energy efficiency and save money on your power bill!

Need help paying your KU Electric bill? Get help here!

We’ve researched a lot of power companies as part of our nationwide series… and we’ve never seen companies as thorough in their assistance programs as KU Electric and LGE are!

A comprehensive list of agencies that can assist you with your power bill can be found on the KU Electric website. Just select your nearest city from the list and you’ll find a number of agencies that can help you make your payments.

Your local Community Action Kentucky location can help you qualify for LIHEAP, a federally funded assistance program for low-income customers. You may even be able to apply for additional weatherization assistance!

If you’re a KU Electic customer who resides in Virginia AND you have a serious medical condition, you may be able to delay disconnection for 30 days after the bill’s due date. This benefit can be used twice per year. You’ll need to have a physician certify the medical condition. Call (800) 981-0600 to make payment arrangements through this program.

Don’t forget these other helpful KU Electric Programs!

KU Electric offers better-than-free appliance recycling! Contact them to pick up your eligible working refrigerator or freezer and KU Electric will pay you $50! Your appliances must be operational, full-size, empty and accessible to qualify.

If you have a central air conditioner or heat pump (or an eligible Wi-Fi thermostat), you can enroll in the Demand Conservation program. Over 170,000 KU Electric customers earn $20 per year in summer bill credits by reducing the demand on the power grid through this program.

With KU Electric and LGE, you can learn more about your electric usage through their advanced metering program. With the advanced meters, you’ll learn about how much energy you use and where you can lower your usage to save money.

If you can afford to upgrade appliances and other things in your home, you may be interested in KU Electric’s rebate programs!



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