Public likes utility's sustainable energy program
LES vice president Todd Hall says the program was meant to last all of 2009. But in just four months, all $1.1 million in incentives the utility offered have been committed.
Nearly 5,000 homes served by LES took conservation measures and received an incentive payment. And five grants of up to $50,000 were pledged to businesses for projects to improve energy-intensive processes.
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Idaho Power Settlement Could Close Coal Plant, Raise Rates
IDAHO - State regulators have set a May 25 deadline for public comment on a proposed settlement related to the early closure of a coal-fired plant co-owned by Idaho Power.
The settlement calls for shuttering Unit 1 of the North Valmy Power Plant in Nevada in 2019, with Unit 2 closing in 2025. The units had been slated for closure in 2031 and 2035, respectively.
If approved by the Idaho Public Utilities Commission, the settlement would increase base rates by approximately $13.3 million, or 1.17 percent, in order to allow the company to recover its investment in the plant on an accelerated basis.
That equates to an additional $1.20 on the monthly…
