⚡FERC Notice on Idaho Power Company's Rate Authority Investigation
Idaho Power Company; Notice of Institution of Section 206 Proceeding and Refund Effective Date
Summary
The Federal Energy Regulatory Commission (FERC) has initiated a proceeding under Section 206 of the Federal Power Act to assess the legality of Idaho Power Company's market-based rate authority. This move seeks to determine potential discrimination or unlawful practices in the company's pricing structures, with implications for both consumers and businesses reliant on its energy services. Interested parties can intervene within a specified timeframe.
Agencies
- Energy Department
- Federal Energy Regulatory Commission
Business Impact
$$ - Med
The document involves a regulatory investigation into Idaho Power Company's market-based rate authority, which may affect pricing and competition in the energy sector, impacting business operations and costs for companies reliant on energy. The established refund effective date could also influence financial planning.