20150527Customer Notice and Press Release.pdf

Energy cost
adiustment proposal
Rocky Mountain Power requests recoyery
of power costs.
OnMay 25,2015, Rocky Mountain Power asked the
Idaho Public Utilities Commission to update base rates
by $10.2 million, or 3.9 percent, to include increased
variable costs to produce electricity. This update would
reduce the future amount deferred and collected
through the energy surcharge by the same amount.
This rate increase will not increase company earnings, it
only shifts recovery of costs from the energy surcharge
to base rates. The proposed adjustment will allow Rocky
Mountain Power to continue to provide safe, reliable
electric service to its customers.
The company proposes to allocate the 3.9 percent
increase across all customer classes equally. !f approved,
this would be an increase of approximately $2.35
per month for the average residential customer
using 800 kilowatt-hours of electricity.
The public will have an opportunity to comment on the
proposal during the coming months as the commission
studies the company's request. The commission
must approve the proposed changes before they can
take effect. A copy of the application is available for
public review at the commission offices in Boise or on
the commission's homepage at wwwpuc.idaho.gov.
(continued)
Customers may file written comments regarding the
application with the commission or subscribe to the
commission's RSS feed to receive periodic updates via
email about the case. Copies ofthe proposal also are
available for review at the company's offices in Rexburg,
Preston, Shelley and Montpelier.
!daho Public Utilities Commission
472Y/ Washington
Boise, ID 83702
www.puc.idaho.gov
Rocky Mountain Power offices
. Rexburg - 25 East Main
. Preston - 509 S. 2nd E.
. Shelley - 852 E. 1400 N.
. Montpelier - 24852 U.S. Hwy 89
For more information about your prices and price
schedule, go to rockymountainpower.net/rates.
ROCKY MOUNTAINPOWER
O 2015 Rocky l4ountain Power
IDAHO ECAM FILING
Mav 2015
News release
Contact:
News Media Hotline: [phone]
FOR IMMEDIATE RELEASE
May 26,2075
Rocky Mountain Power asks that energy costs be
moved into rates for its ldaho customers
BOISE,Idaho - Rocky Mountain Power has asked the Idaho Public Utilities Commission for a
rate adjustment totaling $10.2 milliory or approximately 3.9 percent allocated equally across all
customer classifications. For the average residential customer in Idaho using approximately 801
kWh per month, this will me,rn an increase of approximately $2.35, per month.
"When customers' rates are sef they include the anticipated variable costs of electricity
such as fuel and wholesale purchases," said Tim Solomory Rocky Mountain Power customer
and community manager. "These costs flucfuate over time so there is a separate mechanism in
place to make annual adjustments, subject to review by the Idaho Public Utilities Commission.
The proposed increase would be effective January 1,20'1,6, if approved."
Solomon explained the variable cost to provide electricity represents approximately one
third of the average electric bill. These costs can be highly volatile and are largely outside the
company's control. To assure customers pay no more and no less than the actual variable cost to
provide electricity, these variable costs are tracked by Rocky Mountain Power through an
energy cost adjustment mechanism and reviewed annual by the Idaho Public Utilities
Commission.
"The last time the company adjusted the level of the variable costs of providing
electricity was in a general rate case in201,1,," Solomon said. "Since then the cost to provide
electricity has increased significantly and customer are paying these increased costs through an
energy surcharge. The company believes it is more appropriate for these ongoing and
permanent power costs to be included in the base rates rather than through the energy
surcharge."
This rate increase will not increase Rocky Mountain Power's earnings, it simply shifts
these costs into base rates instead of being collected as a surcharge.
"We recognize alrry changes in electric rates have an impact on our customers and we
continue to work hard to provide reliable electric service at reasonable prices," Solomon said.
The public will have an opportunity to comment on the proposal during the coming
months as the commission studies the company's request. The commission must approve the
proposed changes before they can take effect. A copy of the company's application is available
for public review at the commission offices in Boise or on i/s homepage at www.puc.idaho.gov
and at the company's offices in Rexburg, PrestorL Shelley and Montpelier as noted below:
Idaho Public Utilities Commission
www.puc.idaho.gov
472W. Washington
Boise, ID 83702
Rockv Mountain Power offices
Rexburg-25 EastMain
Preston - 5@ S. 2nd East
Shelley - 852 E. 1400 North
Montpelier -24852U.S. Hwy 89
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