---
schema_version: "secwatch.filing_event.v1"
accession: "0001057877-23-000078"
form_type: "8-K"
ticker: "IDA"
cik: "0001057877"
company_name: "IDACORP INC"
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:13:35.979265+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# IPUC approves Idaho Power rate settlement increasing annual revenue by $54.7M

## Summary
- IPUC approved settlement increasing Idaho-jurisdictional retail revenue by $54.7M (4.25%) effective Jan 1, 2024.
- Authorized 9.6% ROE and 7.247% rate of return on ~$3.8B rate base.
- Base net power supply expense set at $484.9M; PCA rate decreased by $168.3M transferred into base rates.
- Energy efficiency rider rate reduced from 3.1% to 2.35%; $3.5M shifted to base rates.
- Residential price modernization plan and updated rate designs approved.

## SEC filing metadata
- accession: 0001057877-23-000078
- form_type: 8-K
- ticker: IDA
- cik: 0001057877
- company_name: IDACORP INC
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057877/000105787723000078/0001057877-23-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49648/000105787723000078/ida-20231228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057877-23-000078
- JSON: https://secwatch.observer/filing/0001057877-23-000078.json
- Plain text: https://secwatch.observer/filing/0001057877-23-000078.txt

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