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Boise, Idaho ( KMVT-TV / KTWT-TV ) - If the Idaho Public Utilities Commission approves, Idaho Power Customers will be paying more starting June 1. The utility submitted its annual Power Cost Adjustment on April 15. The report indicates a $140.4 million dollar increase in expenses, compared to last year. Idaho Power gave an option to lessen the impact to customers. If the IPUC adopts the proposed mitigation, the price increase to customers would be $87.9 million this year and the remaining $52.5 million would be deferred until next year’s PCA.
Included in these figures is $7.2 million of revenues shared with customers as a reduction to 2013 PCA rates. Customers also received $14.6 million of revenue sharing as an offset to non-power supply related expenses.
Additionally, Idaho Power said they will not file a general rate case in 2013.
The typical Idaho residential customer using 1,050 kilowatt-hours of energy per month will see an increase of about $11.38 on their monthly bill. The actual percentage of change will depend on a customer's group and the rate they pay.
If the mitigated PCA proposal is approved by the IPUC, the price Idaho customers pay for electric service will increase by $87.9 million, or an overall percentage increase of 9.60 from current prices, beginning June 1.