Although it claims it's not collecting enough from its eastern Idaho customers to cover its power supply expenses, Rocky Mountain Power is not seeking a rate increase under this year's Energy Cost Adjustment Mechanism. The utility believes its power supply costs will decrease significantly next year.
In a filing with the Idaho Public Utilities Commission, Rocky Mountain recommends its current rates be held constant to achieve rate stability over the next two years. However, Rocky Mountain Power wants permission to collect $2.6 million in power supply expense from two large industrial customers, Onsanto and Agrium.
The IPUC says the total amount to be collected from the two companies for the ECAM account is $7.7 million, but that amount is being spread over three years. That was part of a settlement agreement in the company's most recent rate case.
The Public Utilities Commission will take public comments on the adjustment proposal through March 13.