secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2023-12-28T23:59:59+00:00
Accession:  0001057877-23-000078
Event type: regulatory
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000105787723000078/0001057877-23-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49648/000105787723000078/ida-20231228.htm
  HTML page:      https://secwatch.observer/filing/0001057877-23-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer