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Home My WebLink About20200515Comment.pdfMay 11,2020 11269 Augusta Drive Idaho Falls,ID 83404 Maho Public Utilities Commission 11331 West Chinden Boulevard 3uilding 8,Suite 2o1A 3oise,ID 83714 RE:Rocky Mountain Power --Recovery Power Costs Messrs. !am writing to the Commission to voice my opposition to the proposed rate adjustment request made by the utility Rocky Mountain Power.I am a retired citizen that has lived in the tirne frame when utilities rates tended to be stable for long periods of time.During this period uti!ities were not considered as an equity play in the stock market rather such stocks were purchased for their stable dividend value. Today,because et investors such as Warren Buffett utilities have become an equity play and so whereas utilities now have to reconcile their managementdecisions on a myopic quarterly basis rather than the long view of historical past.It is troublingthat because of utility managementquestionabledecisions to embrace a less-efficient and higher cost renewable energy strategy,(i.e.wind,and solar)that we as ratepayers are forced to pay for these monopolistic decisions.Moreover,the adversarial rate strategy of utilities often forces fatepayers to not use the AC,and to wash clothes in the middle of the night because of lower rates!Further,with the prosoect of increasing numbers of electric vehicles on the horizon the cost.of electricity will eventually become cost prohibitive to "Joe q consumer"to conduct the normal activities of a household because of the unrelenting adversarial rate increases. My last comment to the Commiision is why would a rate increase be considered at this time when the economy has 25-30%national unemployment and the economy has suffered catastrophic losses all due to the Covid 19 virus.The proposed rate increase request is Ikistrative of pressure on managementby equity-holderssuch as Warren Buffett's group togënerateever-increasing earnings and share price!I strongly urge the Commission to deny Rocky Mountain Power any adjustmentin utility rates in Idaho. especípel Da0td R Anderson 05/15/2020 jn COMM, AV, KH, WEB Annual energy cost adjustimonL Proposed net price increase Ocky Mountain Power requests Public Street Lighting -L2°/o increasereCOVeryOfPOWerCOStS.Tariff Contract 400 -3.8°/o increase Tariff Contract 40 |-3.9%increaseOnAprilI,2020,Rocky Mountain Power asked the The public will have an opportunity to comment on theidahoPublicUtilitiesCommissiontoapprovethe2019 proposal during the coming months as the commissionincrementalenergyrelatedcostsof$2 E2 million,a net studies the company's request.The commission must ap- increase of $8.6 million above the revenues currently prove the proposed changes before they can take effect. collected through the energy cost adjustment mecha- .A copy of the company's application is available for publicnism.The energy cost adjustment mechanism is designed review on the commission's website attotrackthedifferencebetweenthecompany's actual www.puc.idaho.gov under Case No.PAC-E-20-02.costs to provide electricity to Idaho customers and the Customers may file written comments regarding theamountcollectedfromcustomersthroughcurrentprices. application with the commission or subscribe to theThisincreasewaspartia)\y offset by amortization of the commission's RSS feed to receive periodic updates via2017FederalTaxAct.Pending commission approval,the email about the case.Copies of the proposal are alsoincreasewouldtakeeffectJuneE2020.All customer available for review at the company's offices in Re×burg,dasses will see a net increase to their rates resulting Preston,Shelley and Montpelienfromtherecentchangesincostsofprovidingenergyto Idaho Public Utilities Commissioncustomers.The proposed adjustment will allow Rocky I 133 I W Chinden BlvdMountainPowertocontinuetoprovidesafe,reliable Building 8,Suite 20 I Aelectricservicetoitscustomers. Boise,ID 83714Typicalresidentialcustomersusing800kilowatt-hours www.puc.idaho.govpermonthwouldseeanincreaseofapproximately Rocky Mountain Power offices$2.04 a month on their electricity bill.The following is a Rexburg -I 27 East Mainsummaryofthepercentageimpactsbycustomerclass: Preston -509 S.2nd EResidential Schedule ! -2.2%increase Shelley -852 E.1400 N.Residential Schedule 36 -2.6%increase Montpelier -24852 U.S.Hwy 89General Service Schedule 6 -3.1%increase For more information about your rates and rate sched-General Service Schedule 9 -3.6%increase ule,go to rockymountainpower.net/rates.Irrigation Service Schedule 10 -2.7%increase Commercial &Industrial Heating Schedule l9 - 2.9%increase General Service Schedule 23 2.5%increase ROCKY MOUNTAINPOWERGeneral Service Schedule 35 -3.7%increase 0247 ENV 14388 2 of 2 B1 05/15/2020 jn COMM, AV, KH, WEB