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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 the ongoing CO

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:

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 This material may not be published, broadcast, rewritten, or redistributed.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.

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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