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HomeMy WebLinkAbout20240903Comment_1.pdfThe following comment was submitted via PUCWeb: Name: Bethany Gotts Submission Time: Sep 2 2024 4:20PM Email: bethanygotts@gmail.com Telephone: 208-484-3236 Address: 48803 State Highway 78 Mountain Home , ID 83647 Name of Utility Company: Idaho Power Case ID: IPC-E-24-07 Comment: "This case to yet again raise rates was a surprise to me as we just had a rate increase. As a young beginning farmer who is now farming the land my grandfather and father before me farmed, it is becoming increasingly difficult to keep up with prices in every sector of farming. On my small farm of less than 500 acres, it is becoming more and more difficult to bring in enough income to just maintain my farm, much less make needed improvements. I understand that Idaho Power would like to make improvements to their fleets, infrastructure etc, and believe me, I want them to have good people and equipment, but, I believe the PUC could send them back to the drawing board where they could figure out how their shareholders could go without dividends, their employees could go without bonuses (I get to go without bonuses), and they could potentially make do with a few things they have on hand rather than increasing my over all irrigation bill by 9.5%. Also, a few things to note: If you are not farmers and wanted to know what the price of wheat is right now t's about the same as it was in 1974. $4.86 a bushel. A loaf of bread in 1974 cost $.25 A bushel of wheat yields 42 one- and-a-half pound commercial loaves of white bread OR about 90 one-pound loaves of whole wheat bread. A bushel of wheat makes about 42 pounds of pasta or 210 servings of spaghetti. There is approximately 16 ounces of flour in a one-and-a-half pound loaf of bread. You can buy a loaf of bread for $7 today. $294 for 42 loaves of bread if they cost $7. The farmer gets $4.86 minus the hauling. The one who grows the wheat. The one who is a steward of the ground the wheat grows in. The one who hires people to help him cut his crop. The one who spends hours on the combine and tractors to feed the world. The one who makes payments on his equipment his whole life, and he makes $4.86 cents per bushel. We are feeding the world and we can't afford to buy the bread back to make our own sandwich. Things are not right in the economy right now and the PUC does not need to allow Idaho Power to make it even worse. Yes, Idaho Power needs to make improvements, but yes, there can be other ways of doing that. I would like to add that the suicide rate for farmers is quite high when things are this bad - and a rate increase does not help. Thank you. "