20121221News Release.pdf

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?012 DEC 2I PM 3:31
An (OACORP Company

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NEWS RELEASE UTILITIE 1311
Power Supply Planning Indicates Need to Suspend Two Idaho Power
Demand Response Programs
The action will provide a necessary pause, as forecasted loads and generation show the
programs are not expected to be needed in the near-term.
BOISE, Idaho, Dec. 21, 2012 -- Today Idaho Power filed a proposal with the Idaho Public Utilities
Commission (IPUC) to temporarily suspend two of its demand response (DR) programs, A/C
Cool Credit and Irrigation Peak Rewards. The move comes as the company's power supply
planning process indicates a lack of near-term capacity deficits, making these DR programs not
necessary in 2013.
The company intends to work with all stakeholders to identify the best long-term (post-2013)
solutions for these programs. "We appreciate our customers' involvement and participation in
these programs, and value their business now and in the future," said Customer Relations and
Energy Efficiency Manager Theresa Drake. "We look forward to collaborating with them and
other interested parties during the next year to continue to move DR in a positive direction."
By this action, the Company believes it is taking prudent steps to avoid the expenses associated
with the program. The temporary suspension of the two DR programs and their associated
incentive payments would result in reduced costs for all Idaho Power customers in the form of
a direct reduction in the 2013-2014 Power Cost Adjustment (PCA) that will be updated June 1,
2013.
"In an order issued by the IPUC earlier this week in another case, one addressing issues of
renewable energy pricing, the commission directed Idaho Power not to pay for capacity prior to
the need," pointed out Greg Said, Vice President of Regulatory Affairs. "Today's filing on DR
programs aligns with this commission guidance to the benefit of all customers."
DR is one of four components of Idaho Power's overall demand-side management (DSM). The
other components include energy efficiency, market transformation, and other programs and
activities generally designed to provide customer outreach and education concerning the
efficient use of electricity. The company's main objectives for DSM programs are to achieve all
prudent, cost-effective energy efficiency savings and provide an optimal amount of demand
reduction from its demand response programs as determined through the Integrated Resource
Plan (IRP) planning process.
P.O Box 70 (83707)

more-more-more
1221 W. Idaho St.
Boise, ID 83702
Power Supply Planning Indicates Need to Suspend Two Idaho Power
Demand Response Programs
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The A/C Cool Credit program provides residential customers who participate in the program
with a monthly bill credit of $7 per month in the summer in exchange for allowing Idaho Power
to cycle their air-conditioning units off and on during periods of high system demand during the
summer months of June, July and August.
The Irrigation Peak Rewards program provides irrigation customers who participate in the
program with a financial incentive for allowing Idaho Power to turn off their irrigation pumps
during periods of high system demand during the summer months of June, July and August.
Opportunities for Public Review
Idaho Power's filing is a proposal that is subject to public review and approval by the IPUC.
Copies of the application are available to the public at the IPUC offices (472 W. Washington St.,
Boise), Idaho Power offices or on Idaho Power's website, www.idahopower.com or the IPUC
website, www.puc.idaho.gov . You can view additional, related materials, including frequently
asked questions and customer communication on the filing at www.idaho0ower.com/rates and
click on Idaho Rate Filings.
About Idaho Power Company:
Idaho Power began operations in 1916. Today, the electric utility employs approximately 2,000
people who serve approximately 500,000 customers throughout a 24,000-square-mile area in
southern Idaho and eastern Oregon. With 17 low-cost hydroelectric projects as the core of its
generation portfolio, Idaho Power's residential, business and agricultural customers pay among
the nation's lowest rates for electricity. IDACORP, Inc. (NYSE: IDA) is the investor-owned utility's
parent company based in Boise, Idaho. To learn more, visit www.idahopower.com or
www.idacorpinc.com .
Contact:
Stephanie McCurdy
Communication Specialist
Idaho Power
208-388-6973 and [e-mail]
1-800-458-1443 media line
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