<p>Kentucky Utilities Company (KU) is a regulated electric utility, based in Lexington, Kentucky, serving customers in 77 Kentucky counties and five counties in Virginia (under the name Old Dominion Power - ODP).</p> <p><strong>History</strong></p> <p>Kentucky Utilities officially began business on December 2, 1912 serving five properties (Versailles, Lawrenceburg, Somerset, Elizabethtown and Shelbyville). KU acquired Old Dominion Power Company (ODP) in 1926.</p> <p>In 1998, KU's parent company, KU Energy, was acquired by LG&E Energy, which owned neighboring utility, Louisville Gas and Electric Company. The acquisition of KU Energy, along with the 25-year lease agreement with Big Rivers Electric, more than doubled the size of LG&E Energy.</p> <p>UK-based Powergen bought LG&E Energy in 2000, and in 2001, Powergen agreed to be acquired by Germany's E.ON. The deal was completed in 2002. In 2003, E.ON transferred LG&E Energy from Powergen to another subsidiary, E.ON US Holdings.</p>