BOISE, Idaho — Idaho Power customers could see their electrical rates go up in 2026, but not as much as originally proposed, following an agreement filed Friday.

Earlier this year, the utility company proposed rate increases for users that would have generated $199 million in new revenue annually. Residential users were looking at a potential 17% increase, according to the May proposal.

Jordan Rodriguez, a communications specialist for Idaho Power told KTVB the need for rate increases is due to growth across the state. He added that from 2024 to 2025 residential was the fastest growing group of users, compared to others like agricultural or industrial.

"The money there is to pay for things like energy storage and production resources, grid investments, wildfire, resilience, labor cost

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