KY POWER headquarters moving back to Ashland
FRANKFORT, Ky., July 13, 2016 – Kentucky Power, the electrical service provider for about 169,000 customers in eastern Kentucky, announced Wednesday its plans to return its state headquarters to Ashland from Frankfort.
Kentucky Power President and COO Greg Pauley said the move will take place Jan. 1, 2017. Employees and support staff are expected to move to the new office, including the president and chief operating officer, managing director of regulatory and finance, managers for external affairs and corporate communications, and an executive assistant. Members of Kentucky Power’s regulatory group will remain in Frankfort.
Kentucky Power had moved its state headquarters to Frankfort to be closer to government operations and will continue to maintain a regulatory presence in the state capital.
“This move is important for Kentucky Power and the communities we serve in eastern Kentucky,” Pauley said. “We take great pride in working with and supporting the communities in which we operate, and believe there is strong benefit for us as a company and for the customers we serve to have our state headquarters located within the service territory.”
The headquarters relocation comes just months after Kentucky Power announced it was reorganizing to streamline operations, improve reliability and better serve customers in eastern Kentucky. The earlier reorganization added a customer service manager, as well as a reliability manager to work with all three district operations located in Ashland, Hazard and Pikeville.
“All of the changes we are doing as a company allows us to increase our focus on customer service as well as boost our operational effectiveness,” Pauley said. “Kentucky Power remains committed to providing eastern Kentucky with safe, reliable and affordable electrical service.”
Ashland Mayor Chuck Charles, said he was “thrilled to have Kentucky Power return its headquarters to the city.”
“This move demonstrates Kentucky Power’s commitment to Ashland and the whole region,” Charles said. “We are happy to welcome them home.”
Kentucky Power serves about 169,000 customers in all or part of 20 eastern Kentucky counties and owns a 50 percent interest in the Mitchell Power Plant in Moundsville, W.Va. Kentucky Power is a unit of the American Electric Power system, one of the largest electric utilities in the United States, with nearly 5.4 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 32,000 megawatts of generating capacity in the U.S. AEP owns the nation’s largest electricity transmission system, a 40,000-mile network that includes more 765-kilovolt extra-high voltage lines than all other U.S. transmission systems combined.