Wyoming rate proposal
Increasing insurance premiums relating to rising wildfire risks, along with capital investments in transmission and wind projects, are driving Rocky Mountain Power's 2024 rate request filed with the Wyoming Public Service Commission. This would result in an overall increase in general rates of $123.5 million, which would yield an overall percentage increase of 14.7%.
For the typical residential customer using 700 kilowatt-hours per month, the increase would be $17.17 per month. A customer who uses 1,400 kilowatt-hours per month would see a monthly increase of $31.34.
Rocky Mountain Power’s customer rates have made the company one of the lowest-cost electric utilities in the U.S. As we adapt to changing demand, we are taking steps to ensure we can continue to deliver reliable energy at low cost to our customers for years to come.
Investing in affordability and reliability
The significant capital investments in this request include Wyoming’s share of the Gateway South and Gateway West Segment D.1 projects, and the Rock Creek I and II wind projects.
These projects are helping us keep costs low for customers and maintain reliability.
Addressing rising insurance costs
Increasing insurance premiums relating to rising wildfire risks are far beyond anything the company has experienced before.
Excess liability insurance costs were up 270% in one year, and the 2023-24 policy year represents a 1,888% increase over the last five years.
What happens next?
The Wyoming Public Services Commission is currently evaluating our filing, which includes two rate mitigation proposals that seek to limit the impact on our customers.
We invite you to join us at a public open house to learn more and meet with Rocky Mountain Power executives, regional business managers, customer service team members and regulatory representatives.
Rocky Mountain Power Open House Sessions
Aug. 26 2-4 p.m. – Industrial customers 4-7 p.m. – Residential & commercial customers |
Laramie, Wyoming Hilton Garden Inn 2229 Grand Avenue, Laramie |
Aug. 27 2-4 p.m. – Industrial customers 4-7 p.m. – Residential & commercial customers |
Casper, Wyoming Ramkota Hotel & Conference Center 800 N. Poplar Street, Casper |
Aug. 29 2-4 p.m. – Industrial customers 4-7 p.m. – Residential & commercial customers |
Rock Springs |
Keeping costs low for Wyoming
We have been proud to provide electric service at prices among the lowest in the region, and we will continue managing our system to keep costs as low as possible while navigating challenges facing the energy industry.
Source: EEI Edison Electric Institute Typical Bills and Average Rates Report Winter 2024, Typical Residential Electric Bills Annualized Rates in effect January 1, 2024, 1,000 kWh per month.
Utility bill assistance programs
Customers in Wyoming can seek bill payment assistance through the following programs.
Energy Share of Wyoming
Energy Share of Wyoming is a nonprofit program providing energy assistance with donated funds and is administered through The Salvation Army.
- Contact the office in your area:
- Laramie: 307-742-4240
- Casper: 307-234-2002
- All other areas: 307-225-9505
- Review income guidelines.
- Complete an application and mail it to your local Salvation Army office.
LIEAP
The federally funded Low Income Energy Assistance Program (LIEAP) helps low income households with energy costs. It is administrated by the Wyoming Department of Family Services. The LIEAP season for assistance with utility bills closes on February 28. Learn more and apply.
Additional resource referrals are available by calling 2-1-1 or online.
Weatherization Program
Rocky Mountain Power partners with local agencies to offer weatherization services at no cost to income qualifying households. Customers eligible for the Low Income Energy Assistance Program (LIEAP) may enroll. These services can help you save on energy costs, make your home comfortable and more energy efficient. Learn more.
Ways to save energy and manage costs
You can help reduce your energy use and save money by participating in these programs.
Get insights and save
Access your Home Energy Report to understand your energy usage and find ways to save.
Time of Use plan
Learn how strategic use of power throughout the day can lead to potential savings.