HomeMy WebLinkAbout20160201Press Release and Customer Notice.pdfo
CUSTOMERNOTICES
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ROCKY MOUNTAINffi"-
For information contact Media Hotline 800-775-7950
Annual energy cost adiustment
Price decrease proposed for ldaho customers
BOISE,Idaho, Monday, Feb. 1,20l5-Rocky Mountain Power's annual energy cost adjustment for
2015 proposes a 0.7 percent overall decrease for residential, commercial and irrigation customers,
with a larger decrease for two large industrial customers. Typical residential customers using 800
kilowatt-hours would see a decrease of 58 cents on their monthly bills.
The energy cost adjustrnent mechanism is designed to track the difference between the company's
acfual expenses for fuel and other costs to provide electricity to customers, and the amount
collected from customers through current prices. Pending commission approval, the adjustment
would take effect April 'J.,20"J.6.
"The decrease results primarily from lower natural gas prices, which also reduces the cost of
electricity the company purchases to help serve the needs of customers," said Tim Solomory Rocky
Mountain Power's regional business manager in Rexburg. "When the cost of providing electricity
goes dowrl we're pleased to be able to reflect that on customer bills. The last time the cost-
adjustment mechanism resulted in a decrease for most Idaho customers was20'1.4."
The company's proposal requests that the Idaho Public Utilities Commission approve deferral of
the 2015 energy related costs of $16.7 million and decrease by $9 million the revenues collected
through the energy cost adjustrnent mechanism, Schedlule94.
The proposal would have the following impacts on prices:
o Residential customers - 0.6 percent decrease
o Residential schedule 35, optional time-of-day service - 0.7 percent decrease
o General Service schedule 5 - 0.9 percent decrease
. General Service schedule 9 - 1.0 percent decrease
. Irrigation customers - 0.8 percent decrease
o Commercial or industrial heating schedule 19 - 0.8 percent decrease. General Service schedule 23 - 0.7 percent decrease
o General Service schedule 35 - 1.0 percent decrease
o Public Street Lighting - 0.3 percent decrease
o Industrial customer, tarrtl schedule 400 - 7 .1, percent decrease
o Industrial customer, schedule 401, - 7 .3 percent decrease
The public will have an opportunity to comment on the proposal during the coming months as the
commission sfudies 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 on
the commission's website, and at the commission offices. Customers may also subscribe to the
commission's RSS feed to receive periodic updates via email. The request also is available 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
o Rexburg - 25 East Maino Preston-509 S.2nd East
. Shelluy - 852 E. 1400 Northo Montpelier -24852U.S. Hwy 89
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Annual energ;,cost adiustrrrent
Proposed price reduction
Rocky Morrnta.in Power requests recovery,
of povver costs.
On February l,20 16, Rocky Mountain Pornzer asked the
ldaho Public Utilities Commission to approve the 20l5
energy cost adjustrnent deferral of $ 16.7 million to the
energy 5alancing account and decrease the energy cost
adjustment rider by $9.O million. LJnder Rocky Mountain
Porruer's proposal, all customer classes rnzill see a reduction to
their rates from this energy cost adjustment. The proposed
adjustment rnzill allornz Rocky Mountain Pornzer to continue to
provide safe, reliable electric service to its customers.
The energy cost adjustment rnechanism is designed to
track the difference betrrueen the company's actual costs
to provide electricity to ldaho customers and the amount
collected from customers through current prices. Pending
commission approval, the decrease \A/ould take effect
April l, 2016.
The proposal \Nould decrease the average residential
customer's monthly bill 6y $O.58. The follornzing is a
surn rnary of the percentage irnpacts by custorner class:
. Residential Schedule I - O.6oA decrease
. Residential Schedule 36 - O.7o/o decrease
. General Service Schedule 5 - O.97o decrease
. General Service Schedule 9 - l.O% decrease
. lrrigation Service Schedule lO - O.B%. decrease
. Commercial & lndustrial Heating Schedule 19 - O.87.
decrease
(continued)
. General Service Schedule 23 - O.7% decrease
- General Service Schedule 35 - l.O% decrease
. Public Street Lighting - O.3% decrease
. Tariff Contract 4OO - 7.1% decrease
. Tariff Contract 40 I - 7.37. decrease
The public can comment on the proposed rate change as
the comrnission revierrus the application. The commission
must approve the proposed changes before they can take
effbct. A copy of the application is available for public reviernz
at the cornrnission offices in Boise and on the cornrnission's
homepage at rnzrvrnz.puc.idaho.gov. Customers may file
rnzritten cornments regarding the application uzith the
commission or subscribe to the commission's RSS feed to
receive periodic updates via email about the case. Copies of
the proposal also are available for reviernz at the cornpany's
offices in Rexburg, Preston, Shelley and Montpelier:
lda.ho Public lJtilities Cornrnission
472 W Washington
Boise, I D A37Oz
Yvww.puc.idaho.g(ov
Rocky Mountain Power offices
. Rexburg - 25 East Main
. Preston - 5O9 S. 2nd E.
. Shelley - 852 E. l4OO N.
. Montpelier - 74852 U.S. Hrruy 89
For more information about your rates and rate schedule,
go to rockyrrr oLr nta.i n povy(e r. t"t et/ rates.
@ 20l6 Rockv Xountain Porazer