Arkansas legislators angry over proposed rate hike for Summit Utilities

Picked up from the headlines of Arkansas Business–how state legislators are raising more than eyebrows over a proposed $87.7 million rate hike. The settlement, as we reported earlier in the week, would mean a more than 23% increase to residential ratepayers, or another $15.43 a month on average. State Attorney General Tim Griffin and some ratepayer groups signed off on the settlement.

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