20250131News Release.pdf

`,�1/,
�' Idaho Public Utilities Commission Brad little,Govemor
` � P.O. Boot 83720. Boise, ID 83720.0074 Eric AnderAn President
`� Jdn FtHammot4 Jr,Commissloner
Edward Lodge,Commisslomr
Case No. PAC-E-24-04
Order No. 36452
Contact: Adam Rush
Office: [phone]
E-mail: adam.rush(&puc.idaho.gov
NEWS RELEASE: Commission approves settlement for eastern Idaho electric utility's
application to increase rates.
BOISE (Jan. 31, 2025)—The Idaho Public Utilities Commission has approved a settlement
regarding a Rocky Mountain Power application to increase the rates for the electric service it
provides to customers.
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 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 utility serves customers in eastern Idaho.
The rate change will take effect on Feb. 1, 2025.
The commission could have approved, denied or modified the proposed settlement.
Additional information is available at: puc.idaho.gov/case/Details/7285.