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Utah PSC trims Rocky Mountain Power request, approves $87.2 million revenue increase and raises low‑income credit
Summary
The Utah Public Service Commission issued a written order cutting Rocky Mountain Power’s amended rate request and approved a substantially smaller revenue increase while raising the low‑income lifeline credit for customers on fixed incomes.
The Utah Public Service Commission on April 25 issued an order reducing Rocky Mountain Power’s requested rate increase and approving a $87.2 million change in the company’s revenue requirement. Chair Jerry Phan said the final decision reduced the company’s amended request and limited costs passed to Utah customers.
The order matters because it lowers the prospect of a large jump in household electricity bills while allowing the utility to recover a portion of its proposed investments. The commission said it balanced the company’s need for investment with protections for Utah ratepayers, and it increased the low‑income lifeline credit to provide immediate relief for people on fixed incomes.
In filings and at hearings, Rocky Mountain Power had…
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