BOISE — The Idaho Public Utilities Commission is taking public comment on an Idaho Power Company proposal to increase rates for residential and small commercial customers by 0.35% as part of the company’s annual Fixed Cost Adjustment (FCA).
Idaho Power customer bills either increase or decrease every June 1, due to the FCA and the Power Cost Adjustment (PCA).
During 2014, Idaho Power claims that it under-collected fixed costs of serving customers by $16.88 million. About $14.9 million of that is already collected in the FCA. To recover the additional $1.96 million, the company proposes to increase the Fixed Cost Adjustment from 0.29 cents per kWh to 0.326 cents per kWh for residential customers and from 0.37 cents per kWh to 0.41 cents per kWh for small commercial customers. For a residential customer who uses the company average of 1,050 kWh per month, the monthly increase would be 36 cents.
The commission is taking comment on the proposed increase through May 7.
Comments are accepted via e-mail by accessing the commission’s website at www.puc.idaho.gov and clicking on “Case Comment Form,” under the “Consumers” heading. Fill in the case number (IPC-E-15-05 for the FCA increase proposal and IPC-E-14-17 for the proposed settlement) and enter your comments. Comments can also be mailed to P.O. Box 83720, Boise, ID 83720-0074 or faxed to (208) 334-3762.