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Are You an Idaho Electric Customer?
We are focused on making sure that you have the power you need when you need it. Key to making sure that happens is having the poles, wires, transformers, substations, equipment and generating facilities in place to deliver reliable energy to you.
That’s why we’re investing approximately $250 million in 2011 to maintain and update this large electrical system.
But, the cost of upgrading equipment today is orders of magnitude more expensive than the equipment being replaced, some of which has been serving customers for 40 to 70 years.
The significant difference between the original cost of the equipment and the cost of the replacement equipment is the major drive in the need for annual rate adjustments. We’re expecting to invest approximately $1.2 billion in our system for the five-year period ending Dec. 31, 2015.
Reliability is also about working to keep vegetation free from our almost 11,000 miles of overhead power lines and testing over 273,000 wood poles to make sure they are structurally sound. Like the picture shows,
the appearance of a pole
can be deceiving.
Increased costs relating to
our vegetation management
and wood pole testing program
are also drivers of the
July 5, 2011, request we filed
with the Idaho Public Utilities
Commission (IPUC) to adjust customer rates.
The requested increase:
- is for an overall 3.5 percent increase in billed rates
- would increase the bill for a residential customer using an average 956 kilowatt hours per month by $3.06 per month, or 3.7 percent, for a revised monthly bill of $86.87
- would produce an addition $9.0 million in electric revenue
- is based on a proposed rate of return on rate base of 8.49 percent, with a common equity ratio of 50.15 percent and a 10.9 percent return on equity
The Idaho Public Utilities Commission generally has up to seven months to review and issue a decision on our request.
For more information on the rate request, please read our news release.