UK power subsidiary files request for US $39 million
ScottishPower's US subsidiary, PacifiCorp, has filed a general rate request with the Washington Utilities and Transportation Comission (WUTC).
The request is for US $39 million, related to increases in operating costs, including fuel, power, pension and other employee benefit costs, as well as investing in new power generation.
If fully approved by the WUTC, customer rates are expected to increase by 17.9%. The company is requesting an allowed rate of return on equity of 11.125%, in line with recent request in other states.
The general rate case filing also request that power costs be established on a forward-looking basis, as well as the implementation of a power cost adjustment mechanism and ratification of the Multi-State Process (MSP) protocol that has been adopted by four other states served by PacifiCorp.