Loading...
HomeMy WebLinkAbout20190403Customer Notice and News Release.pdfI I I i"t,, *.j CI]STOMER NOTICES ill Ili{ lfi: 0l r.;.li'-.',_.'\l/alri.i:il ,riUl'J o o o Annual energy cost adiustment Proposed net price reduction Rocky Mountain Power requests recovery of power costs. On March 29,2019, Rocky Mountain Power asked the ldaho Public Utilities Commission to approve the 201 8 incremental energy related costs of $ l5.l million, a net increase of $4.e million above the revenues currently collected through the energy cost adjustment mechanism. The energy cost adjustment mechanism is designed to trackthe difference between the company's actual costs to provide electricity to ldaho customers and the amount collected from customers through cu rrent prices. While energy costs were higher in 2018, the incremental increase is offset by $a.7 million of savings from the 20lB Federal Tax Act. The net bill impact to customers will be a decrease totaling $ 131,000. Pending commission approval, the decrease would take effectJune I ,2019. All customer classes will see a net reduction to their rates resulting from the recent changes in costs of providing energy to customers, together with adjustments stemming from federal tax changes. The proposed adjustment will allow Rocky Mountain Powerto continue to provide safe, reliable electric service to its customers, Typical residential customers using 800 kilowatt-hours per month would see a decrease of approximately $0,l2 on their annual electricity bill. The following is a summary of the percentage impacts by customer class: . Residential Schedule I - 0.01 % decrease . Residential Schedule 36 - 0.01% decrease . General Service Schedule 6 - 0.02% decrease (continued) I t I . General Service Schedule 9 - 0.01% decrease . lrrigation Service Schedule l0 - 0.01 % decrease . Commercial & lndustrial Heating Schedule 19 - 0.01% decrease . General Service Schedule 23 - 0.01% decrease . General Service Schedule 35 - 0.01 % decrease . Public Street Lighting - 0.01% decrease . Tariff Contract 400 - 0.10% decrease . Tariff Contract 401 -0.10% decrease The public can comment on the proposed rate change as the commission reviews the application, The commission must approve the proposed changes before the rates can take effect. A copy of the application is available for public review on the commission's homepage at www,puc.idaho.gov under Case No. PAC-E- l9-04. Customers may flle 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 of the proposal are also available for review at the company's offlces in Rexburg, Preston, Shelley and Montpelier: ldaho Public Utilities Commission 472W Washington Boise, lD 83702 www.puc.idaho.gov Rocky Mountain Power offices . Rexburg - 127 East Main . Preston - 509 S. 2nd E. . Shelley - 852 E. 1400 N. . Montpelier - 74857 U.S. Hwy 89 For more information about your rates and rate schedule, go to rockymou ntai npower. net/rates. Y ROCKY MOUNTAIN POWER O 2019 Rocky Mountain Power x ROCKY MOUNTAIN HS#F^A".,, For information contact: Media Hotline 800-775-7950 Annual enersy cost adiustment Price decrease proposed for ldaho customers BOISE, Idaho, April 2, 2019-Rocky Mountain Power has proposed a 0.01 percent overall decrease on bills for Idaho customers, resulting from the recent changes in costs of providing energy to customers, together with adjustments stemming from federal tax changes. Typical residential customers using 800 kilowatt-hours per month would see a decrease of about 12 cents on their annual electricity bill. The annual energy cost adjustment mechanism is designed to track the difference between the company's actual expenses for fuel and other costs to provide electricity to customers, against the amount being collected from customers through current rates. While these costs were higher in 2018, that amount is more than offset by savings from the 2018 Federal Tax Act. The net bill impact to customers will be a decrease totaling $131,000 for the company's 82,000 customers in Idaho. Pending commission approval, the decrease from federal tax changes would take effect effective June 1st, 201,9, with the following impact on each rate schedule:o Residential Schedule I - 0.01% decrease Residential Schedule 36 - 0.01% decrease General Service Schedule 6 - 0-2% decrease General Service Schedule 9 -0.0f/" decrease lrrigation Service Schedule l0 - 0.01% decrease Commercial & lndustrial Heating Schedule 19 - 0.01% decrease General Seruice Schedule 23 - 0.04% decrease General Service Schedule 35 - 0.01% decrease Public Street Lighting -031% decrease Tariff Contract 400 - 0.10% decrease Tariff Contract 401 - 0. l0% decrease 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 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, Prestory Shelley and Montpelier as noted below: Idaho Public Utilities Commission www.puc.idaho.gov 472W. Washington Boise, ID 83702 Rockv Mountain Power offices r Rexburg - 127 East Maino Preston-509 S.2nd East . Shelley - 852 E. 1400 North o Montpelier -24852 U.S. Hwy 89 o