Higher electricity rates eyed for Idaho

Soda Springs, Idaho-If the Idaho Public Utilities Commission approves, electricity rates for Agrium’s Nu-West phosphate fertilizer plant near Soda Springs in Southeast Idaho would increase 4 percent effective Sept. 1, increasing PacifiCorp’s annual revenue by $150,000. Interested parties have until July 14 to intervene in PacifiCorp’s request that the IPUC approve a rate settlement the company has reached with Nu-West, Monsanto, and irrigation customers. Rates for Monsanto, PacifiCorp’s largest customer in its six-state area, would increase by 16.5 percent, raising $6.8 million. Monsanto operates an elemental phosphorus plant near Soda Springs, not far from the Nu-West plant. Irrigators would pay 5.1 percent more beginning Jan. 1, 2007, increasing revenue by $1.7 million. Nu-West, Monsanto, and the Idaho Irrigation Pumpers Association have agreed to the rate increases.