skip to main content
skip to newscasts

Thursday, May 16, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Evacuations underway after barge slammed into Pelican Island bridge in Galveston, causing oil spill; Regional program helps Chicago-area communities become 'EV Ready'; MI leaders mark progress in removing lead water lines; First Amendment rights to mass protest under attack in Mississippi and beyond.

view newscast page
play newscast audioPlay

Speaker of the House Johnson calls the Trump trial 'a sham', federal officials are gathering information about how AI could impact the 2024 election, and, preliminary information shows what could have caused the Francis Scott Key Bridge crash.

view newscast page
play newscast audioPlay

Americans are buying up rubber ducks ahead of Memorial Day, Nebraskans who want residential solar have a new lifeline, seven community colleges are working to provide students with a better experience, and Mississippi's "Big Muddy" gets restoration help.

Wyoming Ratepayers Could Be on Hook for Volatile Natural Gas Prices

play audio
Play

Monday, July 17, 2023   

The Wyoming Public Service Commission is holding its first public comment hearing today in Rock Springs on Rocky Mountain Power's proposal to increase rates by more than 20%, which would add nearly $17 on average to monthly bills.

Rob Joyce - energy organizer with the Sierra Club's Wyoming Chapter - said 97% of the increase is meant to cover highly volatile Net Power Costs of coal and natural gas, according to testimony in the utility's application.

"Groups like Sierra Club have been saying, 'This is a risky investment. Fuel costs are going to change and likely go up in the future. We should make the transition to renewable energy now,'" said Joyce. "They didn't listen, and now us the ratepayers are kind of on the hook."

Rocky Mountain Power says rate increases are necessary to ensure reliable service even when the costs of fuels needed to heat and cool homes spike.

The cost of natural gas recently rose by 89%. Prices for the globally traded commodity can be volatile because of extreme weather, international events and other factors the utility says are beyond its control.

Joyce said unlike fossil fuels, wind and sunlight are free. They are just as good at producing power to heat and cool homes, and are not vulnerable to shifts in global markets.

He added that there are also health costs associated with continued investments in burning fossil fuels.

"Every year that coal plants are kept online," said Joyce, "that elevates these health impacts like increased asthma attacks, bronchitis - and in severe cases, heart attacks and death."

The rate increase is expected to collect an additional $140 million per year from customers.

Advocates for seniors living on fixed incomes have warned that if the commission approves the increase, people will have to choose between heating or cooling their homes and paying for medicines.

But Joyce said that financial risk is not shared by Rocky Mountain Power's shareholders.

"Baked into their agreement, since they are a monopoly, they are guaranteed a rate of return," said Joyce. "They are guaranteed that they are going to make money off of their investments, no matter what happens."




Disclosure: Sierra Club contributes to our fund for reporting on Climate Change/Air Quality, Energy Policy, Environment, Environmental Justice. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
Vose Elementary is unique as a 750-student preschool through sixth-grade Spanish dual-immersion school focused on playful inquiry and habits of mind. (Adobe Stock)

Social Issues

play sound

The Beaverton School District is blazing a trail in early education through bilingual learning labs, which emphasize playful inquiry and habits of …


Social Issues

play sound

Massachusetts residents struggling to pay high food prices are acquiring a growing amount of debt to pay their bills, according to a new report…

Health and Wellness

play sound

The number of avian flu cases in dairy cows is holding steady in New Mexico but experts say more testing is needed to prevent its spread and protect h…


Feeding America's Map the Meal Gap study is the only one providing local-level estimates of food insecurity and costs for every county and congressional district. (disha1980/Adobe Stock)

Social Issues

play sound

Texas leads the nation in food insecurity. According to the latest "Map the Meal Gap" study, from Feeding America, nearly 5 million people in the …

Social Issues

play sound

Minnesota is moving closer to ensure all workers are eligible for the state's minimum wage of $10.85 an hour. The Legislature has been taking action …

The Environmental Defense Fund said methane emissions from oil and gas wells, including abandoned sites which were never capped, remain a significant driver of short-term climate change. (Adobe Stock)

Environment

play sound

A new round of federal funding is coming North Dakota's way to help plug dozens of abandoned oil wells. The U.S. Department of the Interior this …

Social Issues

play sound

In a blow to free speech and the right to assemble, the U.S. Supreme Court recently declined to hear a case involving the rights of protest …

Social Issues

play sound

Veterans in North Carolina are in desperate need of reliable transportation and the Veterans Affairs Volunteer Transportation Network is reaching out …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021