Utility asks for rate hike
Laramie, WY – Rocky Mountain Power is making its case for raising the company's electricity rates in Wyoming.
The Salt Lake City-based company wants Wyoming Public Service Commission approval to raise rates by 5.1 percent in July and 1.9 percent in February to generate $35.5 million.
Rocky Mountain Power officials said Monday during a commission hearing that the company needs to raise rates to pay for more power generation and transmission.
The company has consolidated its proposed rate increase with a proposed rate adjustment taking place this month that would drop rates this year by 3.1 percent.
The hearing is expected to last at least a week, followed by a Public Service Commission decision sometime later.