Rocky Mountain Power proposes a 30% electricity rate increase over 2 years due to higher fuel and wholesale power costs.

Rocky Mountain Power (RMP) seeks a 30% electricity rate increase over 2 years, citing higher fuel and wholesale power costs. The increase would be phased, with rates rising 15% in 2025 and another 15% in 2026, resulting in an average monthly bill increase of about $24. RMP last implemented a general rate increase in 2020. The proposal must be approved by the Utah Public Service Commission.

July 03, 2024
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