Tuesday, May 31, 2011

Rocky Mountain Power is looking to raise electricity rates

Rocky Mountain Power is looking to raise electricity rates to the tune of about 80-million dollars – boosting residential customer bills by 12 dollars a month. While the request has been scaled back from an initial 98-million dollars, Tim Summers with A-A-R-P Wyoming says it’s still potentially the largest utility rate hike in state history... and it comes less than a year after Rocky Mountain Power filed a 71-million dollar rate hike request.







Summers says households and small businesses would be charged the most in this rate hike, and with a poor economy and static incomes, the timing is wrong.







Rocky Mountain Power says the rate hike is needed to keep up with rising energy costs, and Summers says while utility companies are entitled to generate profits, he says this request goes too far. The Wyoming Public Service Commission is holding a hearing on the request this Thursday in Casper.

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