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Watchdog group says Utah Power should cut rates instead of seeking increas

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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 01:27 PM
Original message
Watchdog group says Utah Power should cut rates instead of seeking increas
Watchdog group says Utah Power should cut rates instead of seeking increase
Tuesday December 07, 2004
SALT LAKE CITY (AP) Utah Power is seeking a rate increase averaging $4.75 per month per household, but a watchdog group says the utility should cut rates instead.

The utility has proposed an $111 million rate increase, 9.6 percent hike. But the Committee of Consumer Services, which represents the interests of residential and small-business owners in utility matters before the Utah Public Service Commission, on Monday said a 3.4 percent reduction is warranted.

That would be equal to a $39 million decrease.

Utah Power cited needed investment in the state's power system and employee pension and health-care costs as primary reasons for the request. The rate change would take effect in April.

``The committee's direct testimony shows that many of PacifiCorp's revenue, expense and capital projections are either unreasonable or unsupported,'' the committee said in a Monday release.
(snip/...)

http://kutv.com/utah/UT--PowerRates-en/resources_news_html
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struggle4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 02:32 PM
Response to Original message
1. "Watchdog Groups are Enemy Combatants," says Ownership Society
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Anakin Skywalker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-07-04 05:53 PM
Response to Original message
2. Soon....
all watchdog groups will be shipped to Gitmo! Yea! All Bushites will have orgasms over that thought.
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