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Idaho Power Eyes Oregon Sale | Boise News
Idaho Power is eyeing a $154 million sale of its Oregon service territory to OTEC, potentially affecting 50,000 customers—regulators must approve. The move aims to streamline operations and lower Idaho rates by focusing on home-state growth, while Oregon residents could see a rate hike of 17% without the deal—but only a 5.7% jump if OTEC takes over. Idaho Power won’t vanish; it’ll still supply power wholesale and retain key infrastructure like the Boardman-Hemingway line and environmental programs. Regulators will decide whether this complex transaction benefits both companies and customers…
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