Idaho Power, Intermountain Gas, Suez Water Idaho Customers Seeing Drop in Monthly Utility Bills 

UPDATE, June 15, 4:18 p.m.: The PCU also announced that residential customers of Intermountain Gas saw rates decline due to tax cuts beginning June 1. The change amounts to a rate decrease of 2.62 percent. More information is available here.

ORIGINAL POST, June 15, 2:27 p.m.: The Idaho Public Utilities Commission announced Friday that customers of Idaho Power and Suez Water Idaho are poised to see a drop in their utility bills, effective this month.

click to enlarge GRANTSEWELL, CC BY 2.0
The PUC says the Tax Cuts and Jobs Act (TCJA)—better known as the tax bill approved by the GOP-controlled Congress and signed into law last December by President Donald Trump—along with an annual fixed cost adjustment (FCA) and annual power cost adjustment (PCA) will trigger a 7.06 percent decrease in electric rates. Here's the breakdown:
  • The TCJA will cause a decrease of $2.15 on the monthly bill of a typical residential customer using 950 kilowatt-hours per month. You can read more about that change by clicking here.

  • The FCA will cause a decrease of about $3.60 a monthly power bill of an average residential customer. Click here to read up on the adjustment.

  • The PCA will cause a drop of about $1.29 per month of an average residential customer. You can find out more by clicking here.
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click to enlarge SUEZ WATER
  • Suez Water
ately, state regulators approved a rate decrease for customers of Suez Water Idaho, reflecting the benefits of recent federal and state tax cuts. The Idaho Public Utilities Commission's decision should reduce Suez water rates by about 5.6 percent, effective this month. Here's a link to more information. 
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