http://www.businessdaily...4450-higyd9z/index.html
KPLC is going to have a tough time making money if it has to buy power it cannot sell. The "new" households being connected to the grid at great cost barely use any (paid) power. Perhaps in the future they will but not until 2020 or when their incomes rise substantially.
Many "new" connections are to GoK funded institutions like schools and hospitals. If these entities cannot pay, as has happened in the past, then KPLC has to spend manpower chasing up on the payments.
As an investor, KPLC is looking less attractive by the day. On the other hand, the lower the price it gets makes it more attractive despite the problems.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett