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Another electric rate hike in Wyoming: Rocky Mountain Power asks for $71M increase
The utility says the increase would cover $4.5 billion in new capital projects, higher operating costs and a projected $10 million wildfire reserve fund.
by Dustin Bleizeffer, WyoFile Some 150,000 Rocky Mountain Power customers in Wyoming may see their monthly electric bills increase — again — pending approval of the company’s request for an extra annual $70.5 million. The permanent addition to customers’ “base rate” charge represents an increase of about 8.8% and is necessary “to recover prudent investments and updated cost forecasts,” according to the company. The utility filed its general rate…