SALT LAKE CITY — Utah power users may pay a little more for their electricity because of a rate hike request from the state's largest electric utility.
Rocky Mountain Power is requesting a rate increase of $76.3 million or 4 percent overall on average. If approved by the Utah Public Servic Commission, a typical residential customer would see an increase of about $3.73 on their monthly bill.
The commission review is expected to take about eight months, so any price changes would take effect starting in September 2014.Comment on this story
The utility said the price increase would support the new Lake Side Unit 2 power plant in Utah County, which is expected to begin serving customers this summer, and the recently completed Mona-Oquirrh transmission line.
These projects were previously approved for construction by the Public Service Commission of Utah and provide great benefits to customers, said spokesman Paul Murphy. The company must also comply with increasingly strict environmental regulations, he added, requiring new or upgraded equipment to meet new federal and state standards.