Comments on: Geezer Group Talks Turkey Over Raising Rates

By: CJ Petrovsky

CJ Petrovsky — Thu, 24 Nov 2011 08:35:09 +0000

Of course! “Geezettes” will likely work better for other women AARPers as well, who may have found my suggestion a bit much. Grazie.

By: chicago sam

chicago sam — Thu, 24 Nov 2011 02:01:12 +0000

Mr. Fadness thank you for your clarification and response to what I regard as an important subject.It is my understanding that Idaho Power has requested a written response only and oral testimony would not be allowed. Could you elaborate on this as I for one would like to look the commisssioners in the eye while giving my opinions to the Dynamis-Idaho Power proposal. Also are the commissioners or staff allowed to discuss this case informally?
And I really don’t mind the geezer tag Dave

EDITOR NOTE–I think this comment belongs on the PUC Dynamis post.

By: CJ Petrovsky

CJ Petrovsky — Thu, 24 Nov 2011 00:25:00 +0000

Mr. Fadness: Thanks for your post. Gimlet-eyed skepticism on the Dynamis proposal, please.

Dave: I’ve racked my brain for days for a better handle. (“Golden-agers”? Puh-lease.) I’m inadequate to the task.

EDITOR NOTE–Believe it or not, our local elected assessor came up with “GEEZETTES.”

By: Gene Fadness

Gene Fadness — Wed, 23 Nov 2011 20:57:45 +0000

This is Gene Fadness from the Idaho Public Utilities Commission. The commissioners are Paul Kjellander, Marsha Smith and Mack Redford. Our Web site is http://www.puc.idaho.gov. Click on “Press Releases” in the upper left hand corner to keep current on rate cases.
The proposed settlement to the Idaho Power rate case is an increase of 4 percent. The company requested just under 10 percent. However, the company is also seeking approval of a 4.2 percent credit as the result of a tax incentive applied either to base rate’s or next year’s PCA that will render this year’s increase almost a wash.
In 2010, the company’s customers got an average 3 percent decrease due primarily to a good water year.
The PUC will not approve the Dynamis contract unless it is found to be in the public interest: a rate reasonable for customers and if the project delivers adequate and reliable service. We will soon be taking public comment and you will certainly be welcome to provide comments at that time.
Gene Fadness

EDITOR NOTE–Gene, many thanks for the transparency! Also, the names and contact info.

By: chicago sam

chicago sam — Wed, 23 Nov 2011 01:46:30 +0000

Just announced that Idaho Power and Dynamis have agreed on the purchase price for electricity for their new waste to energy plant PURPA rates quoted above be damned apparently–price quoted is 92.35/mwhr which means we all will pay more if this gets thru the PUC That’s aprox. 50% increase over what I was charged on my last power bill.

By: Paul

Paul — Tue, 22 Nov 2011 17:45:36 +0000

In 1990 I converted my house to natural gas it was $.42/therm today it is $.34/therm. You can look it up on Bloomberg.com it will be listed at $3.40/MM but it is sold to you and me per therm which is 100K butu’s.

Let’s hope the PUC does the due diligence in this matter.

Also, the PURPA rates have decreased to around $0.065/kwh at the last rate adjustment downward based on lower natural gas prices.

By: Paul

Paul — Tue, 22 Nov 2011 15:20:12 +0000

We use less, they make more money, natural gas prices are down for creating electricity.
Idaho Power’s profits are up and they still want a rate increase? WTH..is the PUC looking out for the consumers or are they buying into this monkey business.

By: Robert

Robert — Tue, 22 Nov 2011 14:32:16 +0000

PUC hasn’t had any balls since Bob Lenaghan was in charge. You’d better have a good reason to get a raise.

By: Zippo

Zippo — Mon, 21 Nov 2011 23:47:17 +0000

Stupid consumer = Higher rates

Say, can you tell us who sits on the PUC ? Are they watching out for me, or the power company?

And all you greenies are screwing us too.

By: CJ Petrovsky

CJ Petrovsky — Mon, 21 Nov 2011 20:57:49 +0000

Just for context, check out the latest Idacorp earnings (a/o 9/11):
http://www.idahostatesman.com/2011/11/03/1864377/idacorp-3q-earnings-top-100-million.html

“…Idaho Power’s net income was $104.9 million, compared with $64.7 million in the third quarter of 2010.

“The earnings were $40 million higher than the company’s 2010 third-quarter earnings, and about five times higher than last quarter’s…”

(Hey Dave: I volunteer w/ ID AARP. If you’re sticking with “geezers” at least add “old broads” (or “old dames”, if you prefer). 🙂

EDITOR NOTE–I didn’t realize GEEZER was gender sensitive, but I guess it is. Can you come up with a gender neutral term I can use in alliteration?