Customers of Rocky Mountain Power will receive partial refunds of energy efficiency surcharges collected by the utility on 2018 utility bills, the company has announced. The refunds will be included as credits on February and March electricity billings.
In November, Rocky Mountain proposed the refunds before the Utah Public Service Commission (PSC), saying it had identified more-efficient ways to deliver its energy-efficiency programs to customers. The PSC approved the refunds last month.
The company will refund a total of $14.5 million to active customers, it said. The average residential customer will get a one-time $7.30 credit on their bill. In addition, the ongoing surcharge for energy efficiency will decrease from approximately 3.66 percent to 3.54 percent.
Energy efficiency is a foundational part of the company’s mix of resources, according to a release from Rocky Mountain. Widespread adoption of energy- efficiency measures has allowed the company to spend less while still achieving efficiency targets, resulting in a better value for customers. The program promotes energy-efficiency programs that coordinate when electricity is used, as well as reduce overall electrical use to help customers save money. These programs are funded by an efficiency charge, which appears as a line item on the customer bill.