August 1, 2008
Deadline to File in Power Rate Increase is Aug. 8
By The Idaho Statesman, Boise
Aug. 1--The Idaho Public Utilities Commission has set an Aug. 8 deadline for anyone wanting to file as "intervenors" in the latest Idaho Power Co. rate increase case.
Idaho Power seeks an average 9.9 percent overall rate increase. The proposed increases are 6.3 percent for residential customers, 10.6 percent for small-commercial customers and 15 percent for large-commercial, industrial and irrigation customers.
The commission suspended the effective date for a proposed rate increase for up to six months from the company's requested effective date of July 27.
Idaho Power has said the increase is needed to pay for $578 million in added investment over the last three years for 13 new substations, 1,157 miles of distribution lines and 190 miles of transmission lines.
During the same three years, the company said it increased the amount of electricity it buys from other utilities from $876 million to more than $2 billion, which includes purchases from renewable sources, including wind and geothermal.
An intervenor can present evidence, cross-examine witnesses and participate in settlement or negotiation conferences.
Individual ratepayers will have other opportunities to submit written comments and participate in workshops and public hearings.
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Copyright (c) 2008, The Idaho Statesman, Boise
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