20241009Application Attachment - Exhibit No. 3 2024 news release.pdf

Capitol Water Corporation October 09, 2024
2626 N. Eldorado St.
Boise, Idaho 83704
NEVVS
Capitol Water Corporation filed an application on October 9th with the Idaho Public Utilities Commission
to decrease its Purchased Power Cost Adjustment from 4.51%to 4.21%, a decrease of 0.30 percentage
points. The unmetered residential customer will, if approved by the Commission, see a decrease in their
monthly bill between $0.05 to $0.10 in the months of May through September and between $0.04 to
$0.09 in all other months. Metered customers will see a decrease of 0.30% in their bill. These amounts
have been calculated based on current rates. The Company expects this amount to be adjusted based
on the outcome of the current general rate case,CAP-W-24-01. The Company has asked for an
effective date to coincide with the effective date of new rates, anticipated to be December 1, 2024,
upon the conclusion of the current general rate case.
The Purchased Power Cost Adjustment appears on water bills as "PPCA". The Purchased Power Cost
Adjustment is applied to customer bills after all other charges for water service have been accumulated
excluding Boise City Franchise fees and Idaho Department of Environmental Quality fees. The
application is in response to changes in the electric rates Idaho Power charges Capitol Water
Corporation for the electric power it uses to provide water service to customers and is expected to
produce a decrease in Company revenues of$1,957 over current rates. The application is subject to the
approval of the Commission and is available for review at the Company's office at 2626 Eldorado St. in
Boise and on the Commission's web site at puc.idaho.gov. Customers may make written comments to
the Commission regarding the application.
Comments and inquiries may be addressed to the Idaho Public Utilities Commission on its web site by
going to the "Case Comment Form" link on the home page. Case No. CAP-W-24-02 should be identified
in all correspondence with the Idaho Public Utilities Commission.
Capitol Water Corporation Idaho Public Utilities Commission
2626 N Eldorado St. PO Box 83720 Boise, Idaho 83720-0074
Boise, Idaho 83704-5926 11331 W. Chinden Blvd. Building 8, Suite 201-A
Ph [phone] Ph [phone] or(800) 432-0369
END
For More Information contact:
Capitol Water Corporation President H. Robert Price at [phone]
Exhibit No. 3
CAP-W-24-02
Capitol Water Corporation