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SALT LAKE CITY (AP) -- Just about everyone agrees on this rate hike.
Rocky Mountain Power, two consumer agencies and two organizations representing businesses and industry agree that electric rates should increase across much of Utah by about 3.3 percent.
The Utah Public Service Commission could approve the increase as early as Tuesday.
The $45 million annual rate hike would be the second in eight months, coming on top of a $39 million increase that represented a 3 percent hike for households.
Utah's Committee of Consumer Services, which represents homeowners and small businesses, calls the 3.3 percent increase a win for consumers because Rocky Mountain Power originally wanted a larger hike and didn't get it.
Rocky Mountain Power says the settlement filed this week will not be final until the commission rules on it after a hearing scheduled for March 31.
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Information from: The Salt Lake Tribune
(Copyright 2009 by The Associated Press. All Rights Reserved.)
