Coal Plant Closure
Idaho Power can accelerate depreciation and cost recovery associated with retiring the North Valmy Power Plant.
Although approving an increase in base rates for an electric cooperative, the Kentucky Public Service Commission acted to keep the revenue increase at the lowest level possible, by disallowing a portion of the costs of retirement, life insurance, health care, and dental benefits claimed by the co-op, Farmers Rural Electric Cooperative Corporation. The commission ruled that the smaller increase still would allow Farmers to meet its financial obligations, including satisfying the terms of its loan agreements.