The Office of Consumer Advocate filed testimony this week recommending to the Public Service Commission that the proposed utility rate increase by MDU be much smaller than what the company requested. OCA Administrator Bryce Freeman explains what was recommended.
The recommendation for the smaller annual revenue increase means that the average customer would incur an increase of 8%, opposed to the 31% that MDU was proposing. Freeman says that they are also recommending a decrease in the requested rate of return.
Freeman went on to say that while the OCA acknowledges MDU's need to earn a reasonable return on its investment in WYGEN III, it needs to do so in a manner which mitigates adverse impacts on customers. Freeman feels that the OCA's proposal accomplishes this goal.
The Wyoming Public Service Commission will hold a public meeting in Sheridan on February 10th at 4:30 pm. The meeting has been moved to the C-TEL presentation hall at Sheridan College to accommodate a larger crowd.