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Interest Rate for Member Deposits

The Kentucky Public Service Commission (PSC), in accordance with revisions made to KRS 278.460 in 2012, calculates the annual interest rate to be paid on member deposits each year.

The statute requires the PSC to calculate the interest rate on an annual basis by averaging the one-year constant maturity treasury rate from September, October and November of each year.

Using this data the PSC has calculated an interest rate of 0.12 percent to be paid on member deposits for the 2020 calendar year, effective January 1, 2020.

The revised statute, frequently asked questions and historical information may be found at http://www.psc.ky.gov

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©2021 Jackson Purchase Energy. All Rights Reserved.

  • Home
  • About Us
    • History
    • Board of Directors
    • Bylaws
    • Our Service Area
    • Senior Staff
    • 2019 Annual Report
  • My Account
    • Pay Bill/Manage Account
    • Payment Options
  • Rates
    • Residential Rates
    • Commercial Rates
    • Outdoor Lighting
    • Fees
  • Resources
    • Youth Programs
      • Youth Tour
      • Scholarship Program
    • Kentucky Living
    • Energy Tips
    • Customer Bill of Rights
    • Net Metering
    • Call Before You Dig
    • Interest Rate for Member Deposits
    • New Service
    • Tree Trimming
    • Payment Assistance Resources
  • Outage Info
  • Safety
    • Generator Safety
    • Space Heater Safety
    • Weathering a Winter Storm
    • Safety Videos
    • Line Clearance Charts
  • Career
  • FAQs
    • Billing FAQs
    • Cooperative FAQs
    • Outage FAQs
  • Contact Us