Rocky Mountain Power has bowed to public and official pressure and reduced its proposed rate hike made in June. In its revised rate increase application, the utility lowered its proposed hike from 30.5 percent to 18.1 percent.
The company said it is revising its request to “further mitigate the customer impacts of the general rate case,” it said in its application, referring to its initial rate increase proposal.
In the new proposal, rates would only go through the first increase phase initially filed by Rocky Mountain Power. The new schedule presented by the company would take residential rates from 10.96 cents per kilowatt-hour to Please log in to see the rest of this story.
