Another electricity rate hike is being proposed by Rocky Mountain Power to offset the cost of wildfires in Utah. But critics are wondering when the prices of electricity will stop increasing.
The utility company wants to raise Utah customers’ monthly electric bills another 4.5% to pay for its new wildfire liability insurance fund.
Filed the day before Thanksgiving, the utility’s latest rate hike request would add an average $3.70 per-month surcharge for the next 10 years or until $1.09 billion has been collected for the fund.
The Utah Public Service Commission, which must approve the request, immediately opened a new docket and has set a scheduling conference for later this month.
RMP’s Utah Fire Fund was authorized by the Utah Legislature last year in a Senate bill that limits l

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