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Idacorp Inc (IDA) Q1 2021 Earnings Call Transcript


Operator
Welcome to IDACORP s First Quarter 2021 Earnings Conference Call. Today s call is being recorded, and our webcast is live. A complete replay will be available later today and for the next 12 months on the IDACORP website. [Operator Instructions] I would now like to turn the call over to Justin Forsberg, Director of Investor Relations and Treasury.
Justin S. Forsberg
Director of IR & Treasury
Thank you, Kavita, and good afternoon, everyone. This morning, we issued and posted to IDACORP s website our first quarter 2021 earnings release and Form 10-Q. The slides that accompany today s call are also available on our website. We ll refer to those slides by number throughout the call today. As noted on Slide 2, our discussion includes forward-looking statements, including earnings guidance and spending forecast, which reflect our current views on what the future holds but are subject to several risks and uncertainties, including those related to the impact of ....

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Is Your Idaho Power Bill Going Up


Is Your Idaho Power Bill Going Up
Years ago when I moved here from Arizona I was relived when I received my Idaho Power bill. I remember thinking to myself. This is a pleasant surprise . I was accustomed to having a $250-$350 bill in the summer and in the winter it would go down to about $100. Obviously summers in Arizona are extreme and the tradeoff would be that winters in Idaho can be pretty harsh. Regardless of how cold it s gotten in the winter, I ve never paid $350 for one month of electricity in Idaho and that is definitely good news. The bad news is that things may be changing. According to ktvb: ....

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Idaho Power wants you to pay for added costs. Here's how much your bill would rise


Idaho Power wants you to pay for added costs. Here’s how much your bill would rise
Copyright 2021 Scripps Media, Inc. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
AP Photo/Keith Ridler, File
In this July 16, 2015, file photo, employee Michael Kurian works at Idaho Power Company s Langley Gulch Power Plant in New Plymouth, Idaho.
and last updated 2021-04-18 19:09:35-04
Idaho Power charges some of the lowest rates for electricity in the United States. But the Boise electric utility wants to add about $2.50 to each monthly bill paid by its customers. ....

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Idaho Power bills could soon be going up


Idaho Power bills could soon be going up
Idaho Power has filed for cost adjustments that could cost the average residential customer nearly $3 more per month starting in June.
Author: KTVB Staff
Updated: 1:51 PM MDT April 19, 2021
BOISE, Idaho Idaho Power customers may notice a slight bump in their electric bill this summer.
Idaho Power recently filed for an annual spring cost adjustment with the Idaho Public Utilities Commission. The company also filed for a fixed cost adjustment in March.
If both are approved, Idaho Power residential customers could see their bill increase by about $2.94 each month starting June 1, 2021.
Neither Idaho Power nor its shareholders receive any financial return from this filing. ....

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Higher rates may face Idaho Power Company customers


Higher rates may face Idaho Power Company customers
BOISE, Idaho (KIFI) - Idaho Power Company reports this year’s “Power Cost Adjustment” (PCA) calls for a price increase of $39.1 million across all customer classes. The company has now filed the final piece of its annual spring cost adjustments with the Idaho Public Utilities Commission.
Under the PCA, neither Idaho Power nor its shareholders receive any financial return from the cost adjustment filing. The money collected is used to either recover costs or credit benefits associated with the annual fluctuation in power costs. That represents one-fourth to one-third of the company’s annual cost of serving customers. ....

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