Utah political leaders explore breaking up Rocky Mountain Power's parent company

Political leaders in Utah are exploring ways to break up Rocky Mountain Power and Pacificorp, pressing the energy giant to do commission a report on its feasibility.It follows the utility's request for a 30% rate hike — now dropped to 18% — that invoked the wrath of Utah's Capitol Hill.'I want to say thank you to Rocky Mountain Power for hearing the concerns of Utah's leaders and the citizens. You know, the rate hike that was proposed was way too much.

'The report will be an effort to conceptualize what some of those ideas could potentially look like and what the challenges and impacts an organizational realignment might create for customers, the company and the states we serve.'Rocky Mounain Power is a part of Pacificorp, which is owned by Berkshire Hathoway. It boasts it is the largest electric grid operator in the western United States.

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Rocky Mountain Power seeks 30% rate increase; Utah legislators want a company restructureRocky Mountain Power is proposing a large rate increase for its customers, but Utah lawmakers want a report to see if the company can change its structure.
Источник: KSLcom - 🏆 549. / 51 Прочитайте больше »