Indiana-Kentucky Electric Corporation

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Indiana-Kentucky Electric Corporation(IKEC) is a wholly owned subsidiary of Ohio Valley Electric Corporation (OVEC). The Companies were organized on October 1, 1952 and formed by investor-owned utilities and their parent holding companies for the purpose of providing the large electric power requirements projected for the uranium enrichment facilities then under construction by the Atomic Energy Commission near Portsmouth, Ohio.[1]

Existing Coal Plants

Plant State Year(s) Built Capacity
Clifty Creek Station IN 1955, 1956 1,303 MW
Kyger Creek Station OH 1955 1,086 MW

OVEC’s Kyger Creek Station at Cheshire, Ohio, and IKEC’s Clifty Creek Station at Madison, Indiana, are connected by a network of 776 circuit miles of 345,000-volt transmission lines. These lines also interconnect with the major power transmission networks of several of the utilities serving the area.[2]

Shareholders

The current Shareholders and their respective percentages of equity in OVEC are:[3]

  • Allegheny Energy, Inc........................... 3.5%
  • American Electric Power Company, Inc............ 39.2%
  • Buckeye Power Generating, LLC1...................... 18.0%
  • Columbus Southern Power Company..................... 4.3%
  • The Dayton Power and Light Company.................. 4.9%
  • Duke Energy Ohio, Inc........................... 9.0%
  • Kentucky Utilities Company.......................... 2.5%
  • Louisville Gas and Electric Company............. 5.6%
  • Ohio Edison Company................................. 7.5%
  • Southern Indiana Gas and Electric Company........... 1.5%
  • The Toledo Edison Company............................4.0%

Contact Details

3932 U.S. Route 23
P.O. Box 468
Piketon, OH 45661
Phone: (740) 289-7200
Website: http://www.ovec.com/index.htm

Articles and resources

References

  1. Indiana Michigan Power, "Ohio Valley Electric Corporation Company Background", Ohio Valley Electric Corporation, August 2009.
  2. Indiana Michigan Power, "Ohio Valley Electric Corporation Company Background", Ohio Valley Electric Corporation, August 2009.
  3. Indiana Michigan Power, "Ohio Valley Electric Corporation Company Background", Ohio Valley Electric Corporation, August 2009.

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External resources