20170120press release.pdf

Case No. IPC-E-16-33, Order No. 33694
Contact: Gene Fadness [phone], 890-2712
www.puc.idaho.gov

Idaho Power seeks decrease in monthly efficiency rider,
and to refund $13 million in surplus rider funds

BOISE (January 20, 2017) – The Idaho Public Utilities Commission is accepting petitions to
intervene through Feb. 1 on an Idaho Power Company application to reduce a rider customers
pay to fund energy efficiency programs from the current 4 percent of monthly billed amounts
to 3.75 percent.

Revenue raised from the rider must to go to fund energy efficiency and demand reduction
programs. In recent years, the rider has been collecting more than what Idaho Power spends on
the efficiency programs. Idaho Power further proposes to include a $13 million refund to
customers as part of the annual June 1 Power Cost Adjustment (PCA). Finally, Idaho Power
proposes to eliminate the annual transfer of $4 million in Energy Efficiency Rider funds to the
PCA.

The impact of reducing the rider is only about 22 cents per month for the average residential
customer who uses 1,000 kilowatt-hours per month, but the $13 million refund to customers as
part of the PCA could reduce the size of a potential PCA increase or, conversely, could increase
the size of the credit if the annual PCA is a reduction.

The rider collects about $40 million per year. Idaho Power claims there was an approximate $9
million surplus in the rider account at the end of 2016.

Interested parties file petitions to intervene to provide testimony, exhibits and cross-examine
witnesses. Later the commission will announce dates for customers to provide comment.

A copy of the company’s application and other documents related to the case is on the
commission’s website at www.puc.idaho.gov. Under the “Electric” heading, click on “Open
Cases” and scroll down to Case No. IPC-E-16-33.

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