Wyoming Ratepayers Could Be on Hook for Volatile Natural Gas Prices
The Wyoming Public Service Commission is holding its first public comment hearing today in Rock Springs on Rocky Mountain Power's proposal to increase rates by more than 20%, which would add nearly $17 on average to monthly bills. Rob Joyce - energy organizer with the Sierra Club's Wyoming Chapter - said 97% of the increase is meant to cover highly volatile Net Power Costs of coal and natural gas, according to testimony in the utility's application. "Groups like Sierra Club have been saying, 'This is a risky investment. " ...