MidAmerican Energy wants more, and it planning on asking for a 3 to 4% rate hike next year. According to KCCI, the company needs the increase to recover higher costs for environmental requirements and producing energy. You can expect a letter from MidAmerican in February on the rate hike proposal which has to get the approval of the Iowa Utilities Board. The last hike in base electric rates was 16-years ago.
No comments:
Post a Comment