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phantom power

(25,966 posts)
4. I mean spikes. For example...
Tue Jul 17, 2012, 12:11 PM
Jul 2012

SRP has to get permission to raise rates. If they get hit with a spike in NG prices, they don't just get to raise their rates. It's a somewhat lengthy process, and not one that is guaranteed to actually give them a rate increase, or one as high as they ask for.

Not that I really disagree with your other point. If they "decrease" rates, it is only via inflation, by just holding them constant for some period of time against an inflating dollar. Their last rate increase was 2010, I think.

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We are still paying for nook-u-lar power plants LiberalEsto Jul 2012 #1
I know that my utility (SRP) is asking for a 4.7% increase... phantom power Jul 2012 #2
Ummm... GliderGuider Jul 2012 #3
I mean spikes. For example... phantom power Jul 2012 #4
You are on the right track kristopher Jul 2012 #5
Latest Discussions»Issue Forums»Environment & Energy»Electric rates not fallin...»Reply #4