regulatory
confidence high
sentiment positive
materiality 0.55
IPUC approves $50.6M annual revenue increase for Idaho Power effective Jan 1, 2025
IDACORP INC
- Idaho Power's limited scope rate case (filed May 31, 2024) granted $50.6M annual Idaho-jurisdictional retail revenue increase, or 3.7%.
- New tariff schedules effective January 1, 2025.
- Order does not preclude Idaho Power from filing another rate case in Idaho at any time in the future.
- Rate case focused on revenue requirements for 2024 incremental plant additions and incremental ongoing labor costs.