---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-23-000033"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T07:55:25.128841+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Idaho Power files general rate case for $111M increase; IPUC approves $105.1M PCA hike

## Summary
- IPUC approved $105.1M PCA rate increase (down from $200.2M request), effective June 1, 2023, with two-year deferral recovery.
- Idaho Power filed first general rate case since 2011, requesting $111M net increase (8.61%) based on $3.9B rate base and 10.4% ROE.
- If approved, average residential customer bill would rise ~$11.61/month; increases vary by class (10.78% residential, 11.44% small general).
- Filing includes transfer of costs from PCA and EE rider to base rates, and rate mitigation using investment tax credits.
- New rates, if approved by IPUC, effective on or after January 1, 2024.

## SEC filing metadata
- accession: 0001057877-23-000033
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000033/0001057877-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49648/000105787723000033/ida-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-23-000033
- JSON: https://secwatch.observer/filing/0001057877-23-000033.json
- Plain text: https://secwatch.observer/filing/0001057877-23-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.