Empire Denied Rate Hike
By: Import User
Updated: January 7, 2009
A Four-State electric company is denied their request to make rate-payers pay for a clerical error. Officials say the error is in a rate increase that took effect in October and is costing the company close to $10,000 a day. Empire asked for a $3.6 million dollar rate increase last month to make up for the error. Today, the Missouri Public Service Commission denied that request. Empire officials say they plan to appeal the decision. If they lose their appeal, they can still file for another rate increase, which could take nearly one year.
