secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001057877-23-000033
Event type: regulatory
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000033/0001057877-23-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787723000033/ida-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000033

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