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HomeMy WebLinkAbout20221014Amended News Release.pdf Exhibit No. 4 CAP-W-22-01 Capitol Water Corporation Capitol Water Corporation 2626 Eldorado St. October 14, 2022 Boise, Idaho 83704 Capitol Water Corporation filed an application on September 2nd with the Idaho Public Utilities Commission to increase its Purchased Power Cost Adjustment from 0.89% to 2.72%, an increase of 1.83 percentage points. The unmetered residential customer will, if approved by the Commission, see an increase in their monthly bill between $0.53 to $0.63 in the months of May through September and between $0.23 to $0.32 in all other months. Metered customers will see an increase of 1.83% in their bill. The Purchased Power Cost Adjustment appears on water bills as “PPCA”. The Purchased Power Cost Adjustment is applied to customer bills after all other charges for water service have been accumulated excluding Boise City Franchise fees and Idaho Department of Environmental Quality fees. The Company has requested an effective date of November 15th. The application is in response to changes in the electric rates Idaho Power charges Capitol Water Corporation for the electric power it uses to provide water service to customers and is expected to produce an increase in Company revenues of $11,928. The application is subject to the approval of the Commission and is available for review at the Company’s office at 2626 Eldorado St. in Boise and on the Commissions web site at puc.idaho.gov and one may subscribe to the Commissions RSS feed to receive periodic updates via email about the case. Customers may make written comments to the Commission regarding the application. Comments and inquires may be addressed to the Idaho Public Utilities Commission on its web site by going to the “file room” link on the home page and scrolling to the bottom of the list to “file a comment or complaint”. Case No. CAP-W-22-01 should be identified in all correspondence with the Idaho Public Utilities Commission. Capitol Water Corporation Idaho Public Utilities Commission 2626 N. Eldorado St. PO Box 83720 Boise, Idaho 83704-5926 Boise, Idaho 83720-0074 Ph (208) 375-0931 Ph (208) 334+0300 or (800) 432-0369 __________________________________END____________________________________ For More Information contact: Capitol Water Corporation President Robert Price at (208) 375-0931