20250530General Rate Case News Release.pdf

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NewsRelease
Idaho Power Files General Rate Case
May 30, 2025
BOISE, Idaho — 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:
• $73 million for energy production and storage resources, including investing in the continued
safe, reliable operation of existing generation facilities and installing additional batteries to
improve system reliability and capacity
• $53 million for grid investments, including upgrading, replacing, or constructing new power
lines, substations, and other infrastructure necessary to ensure safe, reliable operations
• $25 million for wildfire resilience, including the equipment,technology, and resources
necessary to prevent fires, protect communities, and to make Idaho Power's system more
resilient to wildfire
• $20 million for labor as the company hires additional employees and ensures it can retain the
skilled workforce required to serve the growing region
• $28 million for other investments, including technology resources,fleet vehicles, office and
operational facilities, and other expenses necessary to run a healthy and effective utility
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.
General Rate Case Request
Percentage Change from Current Billed Revenue
Residential Small General Service Large General Service 1 Large Power 2 Irrigation
17.35% 17.31% 7.26% 8.22% 17.32%
1 Includes lighting schedules; 2 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.
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).
About Idaho Power
Idaho Power, headquartered in vibrant and fast-growing Boise, Idaho, has been a locally operated
energy company since 1916.Today, it serves a 24,000-square-mile area in Idaho and Oregon.The
company has a long history of safely providing reliable, affordable, clean energy. With 17 low-cost
hydroelectric projects at the core of its diverse energy mix, Idaho Power's residential, business, and
agricultural customers pay among the nation's lowest prices for electricity. Its 2,100 employees proudly
serve more than 650,000 customers with a culture of safety first, integrity always, and respect for all.
Jordan Rodriguez
Communications Specialist
[e-mail]
208-388-2460