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Rates & Regulations / Energy Department -
As a consumer-owned utility, IID Energy works to efficiently and effectively meet our customers’ demands at the best possible rates, tying our area’s low-cost of living directly with low-cost utilities. We accomplish this by producing 30 percent of our power supply locally, using efficient, low-cost hydroelectric facilities, steam generation facilities, as well as several natural gas turbines. We emphasize environmentally friendly operations by employing as many “green” resources as available. Our diverse resource portfolio provides our customers with some of the lowest cost rates in the state. Why are IID Energy rates so low? - No share holders –we focus on lower rates not profits
- A high percentage of our energy is self-generated—we do not rely on market prices
- Access to low cost federal hydro power—provided by our affiliation with the Western Area Power Administration
- Tax exempt—making the borrowing process easier
- Customer owned—community-elected Board of Directors partake in rate process
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