Utility bills should be heading down.
Utah Power & Light Co. has asked the Public Service Commission for a $13 million rate decrease - a rate reduction of about 2 percent. Since January 1988, UP&L has cut prices by about $53 million, or about 8 percent."We are pleased to go ahead with the first of what we expect will be a continuing series of merger-related rate reductions over the next few years," said UP&L President Frank N. Davis, referring to the recent merger between UP&L and PacifiCorp. "The increased efficiencies we are finding as a merged company will produce more savings for all our customers."
Additional price decreases of 3 to 8 percent should occur over the next four years, he said. The latest rate reduction takes effect Friday.