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HomeMy WebLinkAbout20100419Comment.pdf~¡~~ 4(1'1/10 Jean Jewell /f; ~- ~ ff From: Sent: To: Subject: jepe~foglo.com Saturday, April 17, 2010 1:19 AM Jean Jewell; Beverly Barker; Gene Fadness PUC Comment Form A Comment from John Peterson follows: Case Number: IPC-E-10-08 Name: John Peterson Address: 6353 Lake Elmo Ave N City: Stillwater State: MN Zip: 55082 Daytime Telephone: 651-351-7181 Contact E-Mail: jep~oglo.com Name of Utility Company: Idaho Power Add to Mailing List: ~o Please describe your comment briefly: Idaho Power has requested a rate increase specifically for the purpose of funding its pension expenses. I object to this request for the following reasons: * Pension costs should be part of the overall labor and burden expense of the company, and customers should not be subjected to an additional rate increase just for this type of expense. * Very few private employers provide a defined benefit pension plan anymore, thus electric rate-payers should not be expected to pick up the tab for what is now a luxury item. In a brochure mailed to its customers ( including myself), they stated that i pensions help Idaho Power attract and retain high quality employees. i However, the same is true of salary and other benefits. I understand that such expenses are part of the cost of doing business and I expect to pay for them, but I would not expect to see a specific rate increase to fund every pay and benefit increase that Idaho Power decides to give their employees. (Note: Even though my mailing address is not in Idaho, I am an Idaho property owner, part- time resident, and customer of Idaho Power.) The form submitted on http://www.puc.idaho.gov/forms/ipuc1/ipuc.html IP address is 71.220.14.16 1