Monday, August 31, 2009

Idaho Power Submits 2009 Rate Increase Request to OPUC

Idaho Power has asked the Oregon Public Utility Commission to approve a request to increase customer rates. The July 31, 2009 application seeks a 22.6% rate hike. The company’s filing says the additional money is needed to cover the difference between the cost of providing service and current rates.

This is Idaho Power’s first general rate case in five years. The Commission will take up to 10 months to examine the request and make a decision. Rates cannot change unless approved by the Commission.

http://www.puc.state.or.us/PUC/Idaho_Power_Rate_Case.shtml

If you think a 22.6% rate increase is way out of line, click the above link and leave your comments. Make sure you request that the hearing be held in Ontario.