Name

Paducah Power System

Legal name

Paducah Power System

Website

https://paducahpower.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Paducah

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D

Revenue model

1. Electric Service Revenue: Primary revenue from electricity distribution to approximately 22,500 residential, commercial, and industrial customers. Revenue includes base rates, customer charges, energy charges per kWh, and power cost adjustments.
2. Fiber Internet Services (Fibernet): Growing fiber-to-the-home network offering internet services to customers in the service territory.
3. Capacity/Energy Sales: Paducah Power brokers excess power capacity and energy contracts with Henderson, Kentucky and eleven cities in the Kentucky Municipal Energy Agency.
4. Connection and Service Fees: Connection fees for new accounts ($35), service charges, and security light services for commercial customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Paducah Power System is a municipal electric utility that generates, distributes, and supplies electricity to approximately 22,500 residential, commercial, and industrial customers in Paducah/McCracken County, Kentucky. The utility operates 800 miles of distribution lines, 10 substations, and 225 MW of diversified generation capacity (coal, natural gas, hydropower), and also offers Fibernet fiber internet service, prepaid PayGo metering, and energy efficiency programs.

Product overview

Paducah Power System is a municipal public power utility providing electricity distribution to approximately 22,500 customers in Paducah/McCracken County, Kentucky. The company operates a core electric service with 99.99% reliability, supplemented by Fibernet fiber optic internet service, PayGo prepaid metering, and energy efficiency programs. In 2026, the utility took an advisory role in the American Energy Hub partnership supporting a $100 billion AI data center campus at the former DOE uranium enrichment site.

Differentiator

Problem solved

Functional benefit

Brands

• Fibernet: Fiber internet service provided by Paducah Power System
• PayGo

Products and services

• Electric Service Municipal electricity distribution service serving approximately 22,500 customers in Paducah/McCracken County, Kentucky, with 99.99% reliability rate, 800 miles of distribution lines, 10 substations, and 225 MW of generation capacity.
• Fibernet Fiber optic internet service offered to residential and commercial customers within the Paducah Power System service territory, leveraging the utility's 800-mile fiber backbone.
• PayGo Prepaid metering program that allows residential customers to pay for electricity in smaller increments via smartphone, mobile app, or kiosk, with no deposit required and a $50 initial balance.
• Energy Efficiency Programs Suite of customer programs including heat pump incentives, water heater incentives, home check-ups, energy audits, and energy monitors to help customers reduce electricity consumption.
• Net Metering Service allowing customers who generate their own electricity from renewable sources such as solar or wind to receive credit for excess energy exported to the grid.
• Commercial Security Lighting Outdoor security lighting service offered to commercial customers across the service territory.

Quantifiable outcome

• 99.99% reliability rate maintained
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Brookfield Asset ManagementcoreStrategic or Co-development Partner · 29 July 2026Brookfield will lease land and develop and operate the data center campus at the DOE Paducah Site. This is a flagship $100 billion AI infrastructure project, one of the largest economic investments in Kentucky's history. Brookfield plans to invest $100 billion in AI infrastructure with this project as the seed of that plan.
• NextEra EnergycoreStrategic or Co-development Partner · 29 July 2026NextEra Energy will build and own dedicated generation resources to power the campus, including up to 2 GW of natural gas and up to 2.6 GW of battery energy storage systems. As the largest electric power and energy infrastructure company in North America, NextEra provides the power generation infrastructure for the project.
• Big Rivers Electric Power CorporationcoreStrategic or Co-development Partner · 29 July 2026Big Rivers Electric Power Corporation will provide wholesale electric service for the American Energy Hub project. The cooperative serves its members by protecting them from risk while planning for the future, with the project expected to provide significant benefits without compromising affordability or reliability.
• Jackson Purchase Energy CooperativecoreStrategic or Co-development Partner · 29 July 2026Jackson Purchase Energy Cooperative will deliver retail electric service for the project. As a member-owned cooperative, their priority is the people and communities they serve, with projects bringing economic development while safeguarding electricity services.
• U.S. Department of Energy (DOE)coreStrategic or Co-development Partner · 29 July 2026DOE selected the partnership through a competitive Request for Offers process in November 2025. The DOE Paducah Site, a former uranium enrichment facility, is being redeveloped through the American Energy Hubs initiative to transform legacy federal sites into hubs for energy and innovation.
• Princeton Electric Plant BoardcoreStrategic or Co-development Partner · 1 January 2005Paducah Power System and Princeton Electric Plant Board formed the Kentucky Municipal Power Agency (KMPA) in 2005 as a joint action agency. KMPA helps members with coordination of planning, construction and operation of new energy facilities such as the Prairie State Energy Campus.
• Kentucky Municipal Power Agency (KMPA)coreStrategic or Co-development PartnerKMPA is a not-for-profit agency headquartered in Paducah that helps member municipally owned electric systems with coordination of planning, construction and operation of new energy facilities. Paducah Power System is 84% owner and operator of KMPA.
• American Municipal PowerminorStrategic or Co-development PartnerPaducah Power receives 15 MW of electricity from hydropower plants developed by American Municipal Power on Ohio River dams. PPS CEO Dave Carroll served as chair of the Board of Directors for American Municipal Power.
• Henderson, KentuckyminorOthersPaducah Power brokers capacity/energy contracts with Henderson, Kentucky, providing them with a stable and cost-effective energy path while better matching PPS resources with its own needs.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• EPB (Electric Power Board of Chattanooga): Municipal electric utility serving Chattanooga, TN, with a comparable mix of regulated electric distribution and a flagship fiber-to-the-home internet business (EPB Fiber Optics). Closest functional analog to PPS's combined electric + Fibernet model.
• Memphis Light, Gas and Water (MLGW): Largest municipal utility in Tennessee, serving ~440,000 customers with electricity, gas, and water. Comparable as a municipally owned multi-utility with similar governance and community-focused operating model.
• Nashville Electric Service (NES): Municipal electric utility serving Nashville/Davidson County, TN. Comparable business model (municipal DSO), customer scale, and regulatory environment as a Tennessee/Kentucky neighboring peer.
• Huntsville Utilities: Municipal utility serving Huntsville, Alabama, providing electric, water, and natural gas. Comparable as a mid-sized municipal utility with diversified public-power operations and similar governance structure.
• Henderson Municipal Power & Light: Municipal electric utility serving Henderson, Kentucky. Explicitly mentioned in PPS data as a capacity/energy contracting partner; direct municipal peer in the same state with comparable scale.
• Princeton Electric Plant Board: Municipal electric utility serving Princeton, Kentucky. Co-founded KMPA with PPS in 2005; closest joint-action partner and a like-sized municipal Kentucky utility.
• Springfield City Utilities (Missouri): Municipal utility serving Springfield, MO, with electric, natural gas, water, and broadband services. Comparable mix of municipal electric distribution plus adjacent fiber/broadband offerings.

Broad incumbents

• JEA (Jacksonville Electric Authority): Larger community-owned utility serving Jacksonville, Florida, providing electric, water, and wastewater. Comparable municipally owned governance and operating model, though at significantly larger scale.
• Santee Cooper: State-owned electric and water utility in South Carolina. Comparable as a publicly owned utility with a mixed generation portfolio, though significantly larger and broader in scope than PPS.

Regional players

• Big Rivers Electric Power Corporation: Generation-and-transmission electric cooperative serving western Kentucky. Named partner in the American Energy Hub project; serves overlapping regional load but is a cooperative rather than a municipal DSO.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/paducahpower
• LinkedInlinkedin.com/company/paducah-power-system

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paducah Power System