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Kentucky regulators have approved a $138 million reinvestment in the Mitchell coal-fired power plant in West Virginia, reversing a prior decision to terminate ownership, amid rising infrastructure costs and declining customer numbers. This investment will result in a $2.33 increase in average bills for Kentucky Power's 165,000 customers, alongside a proposed 14.9% rate hike. The Public Service Commission expressed concerns about the company's planning but felt compelled to act to mitigate market volatility, while the Sierra Club has called for a transition to natural gas at the facility.