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Friday, 19 July 2019

The number of electric utility rate cases increased in 2018

In 2018, 89 utilities—or nearly half of all major U.S. electric utilities—tried to change electricity rates by filing rate cases with state regulatory commissions; this number was the largest number since 1983. U.S. public electric utility companies must obtain permission from their regulators before changing the rates they charge customers. Of the 89 utilities filing rate cases in 2018, 10 proposed to decrease rates, 1 negotiated a rate freeze until 2020, and the other 78 utilities proposed rate increases. More »

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