Idaho Power Rates
by Idaho Power
Our customer rates have ranked among the lowest in the nation for the past three years, according to the July 1, 2011, Edison Electric Institute (EEI) rate comparison.
The semi-annual survey looks at average rates paid by residential, commercial and industrial customers pay some of the lowest monthly bills for electric service.
"The low rates our customers pay relative to the rest of the country reflect our clean, inexpensive hydroelectric generating base," commented Idaho Power Vice President of Regulatory Affairs Greg Said. "In normal water years, hydro provides almost half of our generation, and in 2011, it will be even better because of the good water year we've had."
On average, our residential customers pay $83.93 for 1,000 kilowatt-hours (kWh) of electricity, down from $84.94 in the July 2010 survey, which was down from $85.42 in the July 2009 survey.
Northwestern Energy Rate Comparison Tool
Idaho Power National Price Rankings <-- Recommended by bluefish
Electricity in Idaho and the Northwest by Reed Burkholder, April 12, 1992
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Also in this monthly newsletter from Idaho Power:
Energy Credit Proposed
Residential and small farm customers may qualify to receive an energy credit on their electricity bills if the Idaho Public Utilities Commission and the Public Utility Commission of Oregon approve Idaho Power's application submitted Nov. 30. The proposed credit is the result of a July Residential Exchange Program agreement with the Bonneville Power Administration (BPA), a non-profit federal agency that markets renewable hydropower from federal Columbia River dams.
According to Idaho Power Vice President of Regulatory Affairs Greg Said, the intent of the BPA agreement is to spread benefits of the Federal Columbia River Power System to residential and small farm customers in the Northwest. "This agreement accomplishes that goal and benefits our customers," he said.
If approved, residential customers would see a credit of 0.0327 cents per kilowatt-hour (kWh) on their bills beginning Jan. 1. Small farm customers with monthly consumption of less than 222,000 kWh would see an annual credit of 0.0327 cents per kWh on their bills in December. (www.bpa.gov/corporate/finance/ascm)
(bluefish does the math: 750 kWh/month x 0.0327 cents/kWh x 1 dollar/100 cents x 12 months/year = $2.95 / year)
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