Article
US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year
US Utilities Requested $9.2BN In Rate Hikes In Q2, Up 26% From Previous Year
By Ethan Howland of UtilityDive
Electric and gas utilities in the second quarter asked state regulators to approve $9.2 billion in rate hikes, up 26% from the $7.3 billion in rate increase proposals filed in the same period last year, according to an updated report released Tuesday by the advocacy group PowerLines.
In the first half this year, utilities asked for $18.6 billion in rate hikes, down from about $25 billion in the same period last year, according to data...
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