Rocky Mountain Power has lowered the size of the rate hike it's seeking from Utah electricity users.
is seeking a lower rate increase for Utah electricity users than the 30% hike the utility requested two months earlier, after it received feedback from its customers.filed Wednesday with Utah’s Public Service Commission, Rocky Mountain Power said it is asking for a rate increase of 18.1% starting in February. That’s less than what the utility was seeking in a request
Based on that figure, the 18% increase would add an estimated $14.24 per month to an average Utah customer’s power bills. The 30% hike would have raised Utahns’ power bills by $24.14 a month. RMP, the filing said, “has heard the concerns of its customers regarding the requested increase in this case combined with other cost pressures and continued to review ways of further mitigating the impact of the requested increase on customers.”
Most of the requested 18% rate hike, Mitchell said, “is still tied to rising fossil fuel costs and PacifiCorp’s insurance premiums increasing due to wildfires, so we are still at risk for more rate spikes in the future.”
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