20150415Customer Notice.pdf

Opportunities for Public Review
Idaho Power's filing is a proposal that is subject to
public reviewand approvalbythe IPUC. Copies of
the application are available to the public at the
IPUC offices (47zw.Washington St., Boise, Idaho,
83702),Idaho Power offices, or on Idaho Power's
website, idahopower.com, or the IPUC website,
puc.idaho.gov. Customers also may subscribe to the
IPUC's RSS feed to receive periodic updatesvia email
about the case. Written comments regarding the
utility's application maybe filed with the IPUC. You
can view additional related materials on the filing,
including a news release, at idahopower.com/rates.
ldaho Power Files 2015
Power Cost Adjustment Decrease
OnApril 15, Idaho Power submitted its annual Power
Cost Adjustment (PCA) proposal for approval by the
Idaho Public Utilities Commission [PUC). The PCA is a
cost recovery tool that passes on both the benefits and
costs of supplying energy to Idaho Power customers.
Neither Idaho Power nor its shareholders receive any
financial return on this filing-money collected from
the surcharge can be used only to pay power supply
expenses.
How the 2015 PCA Will Change Prices
If the PCA proposal is approved by the IPUC, the
typical Idaho residential customer using 1,050
kilowatt-hours (kwh) of energy per month will see
a decrease of about $0.47 on their monthly bill,
beginninglune 1.
The amount all Idaho customer classes payfor electric
service will decrease by $10.1 million. This is an overall
percentage decrease of0.91 percent from current
prices; the actual percentage ofchange will depend on
a customer's group and the rate they pay.
Included in the PCA calculations, cri$omer$gtll
receive $8 million in revenue sharin$iry-hictriT.
$400thousandmorethanlastyear. W-iiEZOB'
customers have received a total of $liiimilliffin
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Uuhat Will Be the Combined Effect
of the PCA and the Fixed Cost
Adjustment (FCA) Filed in March?
On March 13, 2015, Idaho Power filed its annual
Fixed CostAdjustment (FCA). The FCA only applies
to Residential and Small General Service customers.
If both proposals are approved as filed, the combined
impact for those two customer classes will be a
$0.5 million decrease in the amount they pay for
electric service, beginning Iune 1. The typical Idaho
residential customer using 1,050 kilowatt-hours (kWh)
of energy per month would see a decrease of about
$0.11 on their monthlybill if both the PCA and FCA
are approved as filed.
Why !s the PCA an Overall
Decrease This Year?
The PCA has two components. The forecast
component reflects Idaho Power's anticipated fuel
costs, purchased power costs, and customer benefits
from sales of surplus energyfor the comingyear.
The true-up component brings last year's forecasted
costs in balance with the costs actually incurred by
the company by looking back at what happened the
previous April through March.
Over the past PCAyear (April201a - March 2015)
revenue from the PCA tracked more closely with
actual power supply costs resulting in a lower true-up
component as compared to the prioryear.
How Can I Manage My Bill
and Control Costs?
The price we pay for electric service is a set rate.
But there are actions you can take to help manage
your energy use and lower your electric bills.
Five simplethingsyou can do
to lower your energy use:
. Turn lights, appliances and electronics
off when not in use.
. Clean or replace furnace filters at least
twice each year.
. Clean coils on refrigerators and freezers
semi-annually.
. Use timers on landscape pumps and
special-use heaters.
o Lowerwaterheatertemperature to I20' F.
Also, you can go to idahopower.com/highbillhelp
to find out how to understand your bill, review
payment options, and get information about Idaho
Power energy efficiency programs.