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How to Save Money on Your Kentucky Power Bill

How to Save Money on Your Kentucky Power Bill

If you’re one of Kentucky Power’s approximately 175,000 customers, you’ve probably wondered how to save money on your Kentucky Power bill. Fortunately for you, Lori asked us already… so here’s what we’ve found.

Avoid unnecessary fees. 

If you’ve been paying your Kentucky Power bill with a one-time credit or debit card payment, you’ve probably been shelling out an extra $2.95 to their third-party partner, BillMatrix. You can avoid this unnecessary fee by paying with a checking account or through the mail.

Avoid unpredictably high bills throughout the year.

With Kentucky Power’s Average Monthly Payment Plan (AMP), you can stabilize your monthly bill into twelve roughly equal payments. The amount isn’t exactly the same each month. In fact, the amount due may fluctuate slightly each month as rate increases and usage are factored in. Each month, you’re paying the average of the last 12 months… so each month, the oldest bill is removed and the new bill’s usage is added. This ensures that you won’t be surprised by a high deficit settlement. In fact, Kentucky Power doesn’t require any settlements unless you terminate your service!

Get help making your payments.

If you’re having trouble making your Kentucky Power payments, there are many ways you can get help. The first and perhaps easiest is by requesting a payment extension from the company.

Of course, you can also apply for the federal Low Income Home Energy Assistance Program (LIHEAP). This program provides funds to low-income residents who need energy assistance. This program is managed by local community action agencies. You can find an agency in all 120 Kentucky counties! In fact, LIHEAP helps over 100,000 Kentucky families every year with their energy bills. All families on LIHEAP receive a subsidy of up to $274 (usually $150) that is paid directly to the power company. Some may also receive crisis help when a disconnect notice is received. To apply for LIHEAP, please contact your local agency. 

If you don’t qualify for any other assistance programs, you may be able to get assistance through WinterCare Energy Fund. This fund is also managed by the community action council, so please contact your local agency for more information.

Get FREE energy efficiency products to help you save even more money!

Kentucky Power can send an energy specialist to your home to help you identify and correct issues that might be increasing your energy bills. The specialist may install LED/CFL lighbulbs, water heater insulation wrap, energy-efficient showerheads, weatherstripping, caulking, door sweeps, duct sealing and more. You may also receive a domestic receive an energy savings booklet, a customized home energy report and an air filtration diagnostic test to locate air leaks. To enroll in this audit program, please click here or call 1-866-225-0686.

The Weatherization Assistance Program is also available throughout Kentucky. This program helps low-income residents improve the energy efficiency of their homes through adding insulation, weather stripping, air sealing and more. Typically, low income households pay more for energy costs because of the declining energy efficiency of their homes. A trained evaluator will visit your home to find ways to save you money. You could save up to $437 per year in healing and cooling costs every year! Contact  your local agency to apply for assistance with the application process.

Throughout the year, Kentucky Power also distributes free energy efficiency kits to qualifying customers at community events. These kits are available on a first-come, first-serve basis and you must bring a copy of your Kentucky Power bill to qualify. To learn about upcoming events, please follow Kentucky Power on Facebook or TwitterThere are events coming up this week (2/7/17).

Get rebates, discounts and refunds through Kentucky Power!

Got an old, working refrigerator or freezer you need to dispose of? Call 1-877-341-2259 to schedule pickup and Kentucky Power will send you a $50 check! You’ll also save up to $150/year in energy costs. For more information, including eligibility requirements, please click here. 

Kentucky Power will also help you afford energy-efficient lighting, appliances and more through these rebate programs. 

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