Political leaders in Utah are exploring ways to break up Rocky Mountain Power and Pacificorp, pressing the energy giant to do commission a report on its feasibility.
It follows the utility’s request for a 30% rate hike — now dropped to 18% — that invoked the wrath of Utah’s Capitol Hill .
“I want to say thank you to Rocky Mountain Power for hearing the concerns of Utah’s leaders and the citizens. You know, the rate hike that was proposed was way too much. I still think the 18% is too much,” House Speaker Mike Schultz, R-Hooper, told FOX 13 News in a recent interview.
Speaker Schultz, Senate President J. Stuart Adams and Governor Spencer Cox fired off a joint letter to Pacificorp that was obtained by FOX 13 News. In it, they ask Pacificorp CEO Cindy Crane and Rocky Mountain Power president Dick Garlish to “conduct a study and produce a report outlining the options, challenges, and opportunities associated with a corporate realignment of the utility.”
“Specifically, consider and compare RMP’s existing corporate structure with how it would change in the event of a potential corporate realignment,” the letter said.