Rocky Mountain Power Customers in Utah May See Bigger Electric Bills Next Year. Here’s Why.

Rocky Mountain Power customers in Utah may see bigger electric bills next year. Here’s why.

Rocky Mountain Power is seeking to increase Utah customers’ electrical costs by 4.48% — just eight months after state regulators approved a rate hike.

Rocky Mountain Power requests 4.48% rate increase to feed fire fund

Rocky Mountain Power is proposing a 4.48% rate increase for all customers, potentially for the next decade. However, this time, the adjustment isn’t meant to cover its expenses, but a self-insurance account that would cover extraordinary expenses in case of utility-related catastrophic wildfires. The company’s request stems from a law the Utah Legislature passed in 2024, which, among other provisions, allowed large utilities to establish a restr…