20241121News Release.pdf

Idaho Public Utilities Commission Brad Utde,Governor
P.O. Bar 83720. Boise, ID 83720-0074 Eric Anderson President
John R.Mammor4 Jr, Commissioner
Edward Lodge,Commissioner
Case No. FMT-T-24-01
Order No. 36397
Contact: Adam Rush
Office: [phone]
E-mail: [e-mail]
NEWS RELEASE: Commission approves telecom's application asking that equipment is
qualified broadband equipment.
BOISE (Nov. 21, 2024)—The Idaho Public Utilities Commission has approved an application
submitted by Farmers Mutual Telephone Company asking that equipment it installed in 2023 be
designated as qualified broadband equipment.
Farmers Mutual Telephone Company said it invested approximately $696,921 in this type of
equipment in 2023. The telecom also said it offered, at the lowest, transmission rates of 25
megabits per second to a subscriber and 3 megabits per second from a subscriber. In addition, the
company said it provided broadband service to 2,813 customers in Idaho.
Idaho code allows a taxpayer to receive an income tax credit for having installed qualified
broadband equipment during a calendar year. Before the taxpayer is eligible for the credit, it
must apply to the commission for an order confirming the installed equipment is qualified
broadband equipment as defined in Idaho code. The statute defines this type of equipment as
being capable of transmitting signals at a rate of at least 200,000 bits per second to a subscriber
and at least 125,000 bits per second from a subscriber and is primarily used to provide services in
Idaho to public subscribers.
Additional information is available at: puc.idaho.gov/case/Details/7390.