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HomeMy WebLinkAbout20110527Press Release.pdf~. ... ROCKY MOUNTAIN. POR A DISION OF PAFICP Pk--E--II'-IZ For informaton, conta: Davd Eskeln 801-22()2447 Media Hotline 800775-7950 RËCE1\IEO 2011 HAY 27 A HH 10: 36 Increased costs to serve customers drive reuest for price increase BOISE, May 27, 2011-Rocky Mountain Power continues to expand and improve electrc systems and environmental control equipment needed to serve customers. As the company has previously stated, annual requests for price increases ar likely in the next decade, while customer needs for electrcity continue to grw and environmental policies become more rigorous. A new price increase request was submittd May 27 to the Idao Public Utilties Commission. As with all requests for price changes, the Idao Public Utilties Commission will conduct a detiled review of the company's request and may approve it or determine a different adjustment to electrc prices. "We understand how diffcult price increases are for customers," said Karen Gilmore, vice president. "Rocky Mountain Power works hard to contrl its own operating costs, while also makg sure customers in Idaho have the electrc service they expet and deserve. "The requested price increase is needed to continue safe, reliable electrc service to customers in Idao as the state's electrcity needs grow," Gilmore said. "To minimize the impact of this price increase, we have tips and products to help customers use electrcity wisely, as well as progrms to help equalize or extend bil paying. Call us toll fre, any time, at 1-888-221-7070 or visit us on our web site, rockyountainpower.net, to lea more." Even with this proposed increase, Rocky Mountain Power's customers on averae will enjoy some of the lowest prices in the nation, and we're working hard to control costs in the futue. The proposed increases to varous tyes of customers are: Stadard Residential Serice: Time of Use Residential: Small Gener Serice: Medium and Large Generl Serice: Irrgation: Large Industral: 7.2 percent 15.9 pent 1 1.8 pecet 1 1.2 pecent 19.9 pecet 18.7 pecent to 19.9 percent The proposed increase is needed because the costs of providing electrc service to customers are increasing. The $32.7 milion request represents an overall 15 percent average increase for Idaho customers of Rocky Mountain Power. This equates to 19.5 cents per day for a tyical residential household in Idaho, or about 8 cents per-day per- person. -more- Increased costs to serve customers drive request for price increase 2-2-2 The public is invited to submit wrttn comments on the reuest durng the commission's review process, either by mail or via the website, ww.puc.idaho.gov. Deils of the request are available to the public via the internet at the commission's website and at Rocky Mountain Power's website, ww.rockymountainpower.netlres/rr.html. A physical copy of the company's reuest is available for public review at the commission offces in Boise and at the company's offces in Rexburg, Prston, Shelley and Montpelier: Idaho Public Utilities Commission offces: 472 W Washington Boise, ID 83702 Rocky Mountain Power offces · Rexburg - 25 East Main · Prston - 509 S. 2nd E · Shelley - 852 E 1400 N · Montplier - 24852 U.S. Highway 89 About Rocky Mountain Power Rocky Mountain Power seres nearly 71,000 customers in southeastern Idaho. It is one of the lowest-cost electrc utilties in the United Stas, providing safe and reliable service to more than one 1 milion customers in Uta Wyoming and Idaho. The company works to meet growig energy demand while protecting and enancing the envirnment, and owns more than 10,000 megawatts of generation frm coal, hydro, natl gas-fueled combustion turbines and renewable wind and geothermal power. ###