Loading...
HomeMy WebLinkAbout20250530General Rate Case Bill Insert.pdf Idah Files General Rate Case Idaho Power has filed a general rate case with the Idaho Public Utilities Commission(IPUC)requesting an overall rate increase of$199.1 million, or 13.09%.The IPUC will evaluate this request over the next several months, and any resulting changes will not take effect until at least January 2026. A general rate case is a proceeding used by the IPUC to review the costs of operating and maintaining the utility system, and how those costs are allocated among customers. Idaho Power's requested increase includes the following: Storage and Energy Resources: $73 Million T • Building battery storage systems to improve system reliability and capacity $199 • Investing in the continued M i I I ion safe,reliable operation of existing generation facilities Labor: $20 million • Hiring additional employees to help serve our growing service area • Retaining the skilled workforce required to operate an increasingly complex grid Wildfire Resilience: $25 million • Investing in the equipment,technology,and resources necessary to prevent fires,protect communities,and to make Idaho Power's system more resilient to wildfire • Executing on our Wildfire Mitigation Plan,with an emphasis on vegetation management Grid Investments: $53 million • Upgrading,replacing,and constructing new power lines,substations, and other infrastructure necessary to ensure safe,reliable operations • Continuing to invest in grid modernization Other Investments: $28 million • Upgrading technology resources • Purchasing new fleet vehicles • Building new office and operations facilities Establishing new general rates will ensure Idaho Power covers the costs of safely and reliably providing electric service. If this request is approved as filed,the average Idaho residential customer using 900 kilowatt-hours per month would see a monthly bill increase of about $21.66. Proposed impacts for all Idaho customers are shown in the table below. Actual percentages will depend on a customer's classification and the rate they pay.This rate filing impacts Idaho customers only. RequestGeneral Rate Case BilledPercentage Change from Current Revenue Small General Large General Residential Service Service, Large Power, Irrigation 17.35% 17.31% 7.26% 8.22% 17.32 Includes lighting schedules; ,Includes special contracts As part of the rate case, Idaho Power is proposing to increase the residential service charge from $15 to $25. By implementing a higher service charge, a larger portion of a customers' monthly bill will be collected through the fixed charge rather than the variable energy charge. The intent is to make fixed cost collection more equitable among residential customers. This rate review will be conducted by the IPUC over the next several months,which will include taking public input. Details on how customers can participate in the proceedings are included below. Summer/Fall 2025: IPUC reviews the request,including public input All Mill May June July Aug. Sept Oct. Nov.Dec. Jan. Feb. Mar. May 2025: January 2026(or later): Idaho Power files Idaho Power implements general rate case IPUC-approved rates Opportunities for Public Review Idaho Power's filing is subject to public review and approval by the IPUC. Copies of the application are available to the public at the IPUC offices(11331 W. Chinden Blvd. Building 8, Suite 201-A, Boise, ID 83714), Idaho Power offices, on idahopower.com, or at the IPUC website, puc.idaho.gov. Customers may also subscribe to the IPUC's RSS feed to receive periodic updates via email. Written comments regarding Idaho Power's application (Case No. IPC-E-25-16)may be filed with the IPUC (puc.idaho.gov/form/Casecomment). *Printed on recycled paper. 02025 Idaho Power 31180-1-0335