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Former utility analyst tells Utah PSC a 47.5% common equity ratio and ROE near 9.3–9.4% would be reasonable for Rocky Mountain Power
Summary
Charles Peterson, a former Division of Public Utilities staffer, told the Utah Public Service Commission that a hypothetical capital structure with roughly 47.5% common equity and a return on equity (ROE) in the low‑to‑mid 9 percent range is defensible in Rocky Mountain Power's general rate case.
Charles Peterson, who said he worked for 15 years on rate cases for the state division that reviews utility filings, told the Utah Public Service Commission in Cedar City that a hypothetical capital structure with a 45–50% common equity component is appropriate for Rocky Mountain Power and that a 47.5% common‑equity ratio is a reasonable compromise.
Peterson recommended an ROE decision range near 9.3–9.4% and said the commission could support the company's requested 9.65% only if it placed…
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