Utility rate hikes expected in face of pandemic, energy downturn
As COVID-19-related costs mount for utilities, regulators are considering just how ratepayers will ultimately settle the bill.
State orders in response to the pandemic currently authorize electricity and natural gas suppliers to waive fees and suspend disconnects, but utilities still expect payment in full at some point in the future.
Regulated utilities are also asking the Wyoming Public Service Commission for permission to charge interest on deferred payments.
“Those bills will still be due and payable when the moratorium on disconnections is lifted,” said Bryce Freeman, administrator of the Wyoming Office of Consumer Advocate. “For that reason, we encourage customers to try very hard to remain current on their payments, even if they need some help doing so.”
Read more: https://trib.com/business/energy/utility-rate-hikes-expected-in-face-of-pandemic-energy-downturn/article_726d8266-448e-5a32-93cd-e8b094b2f018.html
(Casper Star Tribune)
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