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HomeMy WebLinkAbout20051006Comment.pdfAJv.; lof"lb~ Jean Jewell .I~ From: Sent: To: Subject: Ed Howell Thursday, October 06, 2005 12:25 AM Jean Jewell; Ed Howell; Gene Fadness; Tonya Clark Com ment acknowledgement WWW Form Submission: Wednesday, October 05, 2005 11 : 2 5 : 1 9 Case: AVU-G-05-02 Name: Gene Carpenter Street Address: POB 1746 City: Hayden State: ID ZIP: 83835 Home Telephone: 208-762-4851 E-Mail: gene~uidaho. edu Company: Avista Comment description: September 5, 2005 TO: FR: RE: Idaho Public Utilities Commission Gene Carpenter Increase in rates for electricity and gas (Avista) Yearly rate increases for electricity and gas are getting out of hand. I think thatAvistaUtili ties forgets that it exists as a state approved monopoly. As such it owes its customers some consideration when setting its rates. Instead Avista appears to give consideration only to the holders of its stock. A rate of return of 10.4 percent is higher than many companies without exclusive rights to sell their products to their customers can expect to generate. Some of the 10.4 percent ought to be used to beef up generation and transmission systems, purchase of power plants, and improvement to dams. Companies without the advantage of being a publicly approved monopoly must use their profits to pay foroperational expenses. I suspect Avista is still trying to make their customers pay for the mistakes they made during the electricity shortages of a few years ago. One of the sources of electrical power, BPA, has said they will reduce cost by 1.percent. This does not sound like much but it can amount to a large sum when largeamounts of power are purchased form this sources. This yearly increase in the cost of electricity and gas is pushing the cost of essentialenergy beyond what many of the consumers can pay. They have not receivedequi valent yearly increases in their incomes. Some consideration needs to be givento this. Transaction ID: 1052325.Referred by: http: / /www.puc. state. ide us/scripts/polyform. dll/ipuc User Address: 216.255.194.169 User Hostname: 216.255.194.169