The City of Madisonville to purchase substations worth $900,000

US, Kentucky: Madisonville will purchase six electricity substations from Kentucky Utilities.

This purchase comes after the city changed its electric service from Kentucky Utilities to Kentucky Municipal Electric Agency.

Mayor Kevin Cotton said $900,000 is the price they’ve been negotiating for the substations. In the long run, it will save the city in rental fees, which total more than $140,000 per year.

Mayor Cotton also said this will allow the city to help control costs and rates for their customers.

The 6 substations in Madisonville they will purchase are: 3050 Nebo Rd., 2595 Nebo Rd., 230 N. Railroad St., 410 Hospital Dr., 300 Central City Rd., 750 McCoy Ave.

Source: 14 News