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Utility requests rate increase to offset fire costs, new power lines
CASPER (WNE) — Rocky Mountain Power, Wyoming’s largest public utility, filed a request to increase customer rates in order to underwrite new infrastructure and cover the rising costs of insurance premiums relating to wildfire risk.
The company is seeking to levy an additional $123.5 million, or an overall increase of 14.7%, resulting in an extra $17.17 per month for the typical residential customer.
Around half of the increase is requested to pay Wyoming’s share of new infrastructure projects, including Gateway South and Gate...