Board meetings, strategic plans, and buyer signals from David R. Clark’s organization
Oct 8, 2026·BoardMeeting
Board
Public Service Commission Hearing
The hearing focused on Pine Valley Irrigation Company's request for a rate increase. The company presented an alternative proposal, reducing its requested loan amount from $1 million to a $500,000 line of credit and deferring several planned capital improvement projects. The discussions covered the transition to a tiered water rate structure and the necessity of providing updated financial documentation to ensure the proposed rates are just and reasonable for the company's sustainability.
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The hearing focused on Rocky Mountain Power's application for proposed revisions to Electric Service Program 60, specifically regarding DC fast-charging rates for non-company customers. The proposal included a rate increase to better recover service costs, following a trajectory established in a previous agreement. Testimony was provided by Rocky Mountain Power and the Division of Public Utilities, both of whom supported the revisions as fair, reasonable, and in the public interest. The Commission approved the request to move toward cost-based tariffs and requested that future annual presentations include specific billing determinants to verify revenue gap closure.
Jun 11, 2026·BoardMeeting
Board
Public Service Commission of Utah Hearing On Interim Rates
The hearing addressed an application by Corix Utah City Heating and Cooling LLC to establish a thermal tariff, including fixed capacity charges and variable energy charges. Key topics included cost recovery mechanisms, regulatory frameworks, proposed deferral accounts, and service delivery standards. The proceedings also covered procedures for end-user dispute resolution and the formal approval of a stipulation regarding the admissibility of various testimony and exhibits.
May 27, 2026·BoardMeeting
Board
Utah Public Service Commission Hearing
The commission convened to discuss a request for an interim rate increase for Legacy Sweetwater. Key discussion topics included the history of water infrastructure issues stemming from outdated, shallow PVC piping and the financial burden that the parent company, iMoneyTools, has incurred while subsidizing operational losses for years. Proponents of the rate increase argued it is necessary to secure a loan for infrastructure replacement to avoid future service failures and to transition the system to a sustainable, year-round operational model. The Division of Public Utilities provided testimony supporting the proposed interim rates, noting that they are reasonable given the system's current condition and the necessity of addressing deferred maintenance.
Extracted from official board minutes, strategic plans, and video transcripts.
