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HomeMy WebLinkAbout20241230News Release.pdf Idaho Public Utilities Commission Brad Litile,Governor P.O. Box 83720. Boise, ID 83720-0074 Eric Anderson, President Ain R.Mammo* Jr,Cbmmissloner Edward Lodge,Commissioner Case No. PAC-E-24-04 Order No. 36424 Contact: Adam Rush Office: (208) 334-0339 E-mail: adam.rush@puc.idaho.gov NEWS RELEASE: Commission schedules technical hearing on eastern Idaho utility's application to increase rates. BOISE (Dec. 30, 2024)—The Idaho Public Utilities Commission will hold a technical hearing on Jan. 9 regarding a Rocky Mountain Power application to increase the rates for the electric service it provides to customers. Technical hearings are held when a utility's application may be more significant to customers or present complex issues. Parties to a case cross examine witnesses and submit testimony during these hearings. Rocky Mountain Power initially applied for commission approval to increase rates for the average residential customer by 17.9 percent, or about $19.90, in 2025 and an additional 5.3 percent, or about$6.94, in 2026. However, Rocky Mountain Power recently filed a proposed settlement in which it agreed to, among other things, a 16.8 percent increase to base rates in 2025, with no additional rate increase in 2026. Accounting for a$32.5 million reduction to Rocky Mountain Power's collection in the Energy Cost Adjustment Mechanism, customers will see their rates increase by about 7.4 percent. The commission can approve, deny or modify the proposed settlement. The technical hearing will be held Thursday, Jan. 9, at 10:00 a.m. at the Idaho Public Utilities Commission, 11331 W. Chinden Blvd., Building 8, Suite 201-A, Boise.Non-parties interested in listening to the testimony and presentations can attend at the commission's office. Those interested in listening to the hearing can do so by calling 1-415-655-0001 and entering meeting number 2861 498 6715 when prompted. Additional information on Rocky Mountain Power's application is available at: puc.idaho.gov/case/Details/7285.