20260415PCA Bill Insert.pdf

HIDAM POWER. RECEIVED
DA • PUBLIC
AL
RUTILITIES COMMISSION
Idaho Power Files Annual
Power Cost Adjustment
Idaho Power has filed the Power Cost Adjustment(PCA),
the final piece of its annual spring cost adjustments,with
the Idaho Public Utilities Commission(IPUC).
If approved,the combined impact of the PCA and the
Fixed Cost Adjustment(FCA)will be a monthly bill increase
of 3.15%,or approximately$3.64,for a typical residential
customer using 900 kilowatt-hours per month.All Idaho
customer classes will see a price increase if the requests are
approved as filed.
The June 1 price changes include the combined impact of
the following:
• The PCA requests an overall increase of$51.56 million,
or 3.02%.The PCA is a cost-recovery tool that passes
on both the benefits and costs of supplying energy to
Idaho Power customers.
• The FCA,filed on March 13, requested an increase of
$5.12 million.The FCA applies only to residential and
small commercial customers and adjusts prices based
on changes in energy use per customer during the
previous year.
If approved as filed, new rates will take effect June 1, 2026.
Impacts for all Idaho customers are shown in the table
below.The actual percentage will depend on a customer's
classification and the rate they pay.
2026 Rate Filings
Percentage Change from Current Billed Revenue
Revenue Overall Small Large Large
Filing Change Percentage Residential General General power z Irrigation
(millions) Impact Service Service'
PCA $51.56 3.02% 2.51% 2.07% 3.50% 3.69% 2.96%
FCA $5.12 0.30% 0.65% 0.65% N/A N/A N/A
Combined $56.67 3.31% 3.16% 2.72% 3.50% 3.69% 2.96%
Impact 3
1 Includes lighting schedules;z Includes special contracts;3 Totals may not sum due to rounding

The PCA has two main components:a balancing account for
power costs incurred the previous year and a forecast of what
energy will cost in the coming year.
• The balancing account aligns last year's anticipated costs
with costs actually incurred during the prior April through
March period.
• The forecast reflects Idaho Power's anticipated fuel costs,
purchased power costs,and customer benefits from sales
of surplus energy for the coming April through March.
The increase in this year's PCA is largely driven by higher
expected power costs for the coming year.This power
cost increase is attributed to lower forecasted hydropower,
partially offset by lower forecasted market energy prices.
Neither Idaho Power nor its shareholders receive any financial
return from the PCA—money collected is used to recover
costs or credit benefits associated with annual fluctuations in
power costs.
Opportunities for Public Review
Idaho Power's filings are subject to public review and approval
by the IPUC.Copies of the applications 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 applications associated with the PCA(Case No.
IPC-E-26-10)may be filed with the IPUC
(puc.idaho.gov/form/casecomment).
;mac..i � �`� 1►i
Ali-
EN
IDIAHO POWER ®Printed Id recycled paper.
02026 Idaho Power