Idaho Power, Intermountain Gas rates are rising in the new year. What to know

Boise residents can expect to see a big boost in their utility bills in the new year.

That’s because two main utility providers in the area just won approval from state regulators to increase rates, though not by as much as the companies had hoped.

Idaho Power agreed to a settlement that raises its annual revenue by $110 million. The company, which serves more than 630,000 customers in southern Idaho, had initially asked for a $199.1 million increase…

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