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Power Cost Adjustment (PCA)
(April 14, 2017)

On April 14, Idaho Power filed its annual Power Cost Adjustment (PCA) proposal for approval by the Idaho Public Utilities Commission (IPUC).

If approved, the amount Idaho customers pay for electric service will increase by $10.6 million beginning June 1. This is an overall percentage increase of 0.93 percent from current prices. A typical Idaho residential customer using 1,000 kilowatt-hours of energy per month will see an increase of about $0.59 on their monthly bill, beginning June 1.

Included in this year’s PCA rates, customers will receive a $13 million refund of previously collected energy efficiency rider funds.

2017 PCA Revenue Impact by Class:
Percentage Change from Current Billed Revenue

  Residential Small
General
Service
Large
General
Service
Large Power Irrigation Overall
Change
  0.58% 0.27% 1.10% 1.75% 0.94% 0.93%

The PCA is a cost recovery tool that passes on both the benefits and costs of supplying energy to Idaho Power customers. Neither Idaho Power nor its shareholders receive any financial return on this filing—money collected from the surcharge can be used only to pay power-supply expenses.

With IPUC approval, Idaho customers’ rates are adjusted each June 1 for the PCA.

For more information, see a news release and bill insert on the filing.

Server: CLA