secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001057877-23-000049
Event type: regulatory
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Idaho Power reaches rate case settlement: $54.7M annual revenue increase, 9.6% ROE
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- Settlement stipulation filed with IPUC on Oct 27, 2023; if approved, new rates effective Jan 1, 2024.
- Annual revenue increase of $54.7M (net of PCA decrease of $168.3M and EE rider cut of $3.5M); 4.25% overall rate rise.
- Authorized ROE 9.6% (requested 10.4%); rate base ~$3.8B; authorized return 7.247%.
- Modifications to PCA, EE rider (rate drops from 3.1% to 2.35%), fixed cost adjustment, pension cost deferral, ADITC sharing.
- Deferred matters: plant investment review by Dec 1, 2023; class cost-of-service; time-of-use rates; settlement not binding if IPUC materially changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000049/0001057877-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787723000049/ida-20231027.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000049

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