Utah regulators accept Phase 2 settlement in Rocky Mountain Power rate case; new TOU pilot capped at 10,000 customers

SALT LAKE CITY — The Utah Public Service Commission on Jan. 14 admitted into the record a settlement that resolves Phase 2 issues in Rocky Mountain Power’s 2024 general rate case, including rate spread, rate design and new terms for very large customers.

The stipulation, presented by Rocky Mountain Power and supported by the Utah Division of Public Utilities and the Office of Consumer Services, would change how increases are allocated across customer classes, raise the residential customer charge for single-family homes from $10 to $12 and for multifamily units from $6 to $7, and create a consolidated residential time-of-use (TOU) pilot capped at roughly 10,000 participants. Robert Meredith, director of pricing and tariff policy for PacifiCorp (Rocky Mountain Power’s parent), told the commission: “I recommend that the commission approve the phase 2 stipulation.”

The settlement spells out specific class adjustments: Schedule 6 (midsized general service) would receive a price change 1 percentage point below the overall average increase, Schedule 8 (large general service) would receive 0.5 percentage point below the average, certain small general service and irrigation classes would receive 0.4 percentage point below the average, and lighting schedules (7, 11 and 12) would receive 3 percentage points below the average. “All other classes will receive an equal percentage base revenue increase…