ScottishPower today announced that its US subsidiary PacifiCorp has won approval for the results of its Multi-State Process (MSP) in Idaho following approvals over the past few months in Oregon, Utah and Wyoming. 

Today's announcement brings agreement on a common cost allocation methodology among state regulators with responsibility for approval of 90% of PacifiCorp's revenues. PacifiCorp will seek approval in California as part of the company's next general rate case in that state. A regulatory process remains open in Washington state to reach final resolution later this year.

MSP has been a long-term PacifiCorp initiative to reach consensus among state regulators that will allow the company the opportunity to recover all prudently incurred costs associated with utility investments.

According to PacifiCorp CEO Judi Johansen, "We are delighted to reach this point in the Multi-State Process, which has taken tremendous effort by all parties. The end result should be improved recognition of how investments and costs will be allocated among the states we serve and improved shareholder returns."

For further information:

David Ross, Investor Relations Manager                 0141 566 4853

Colin McSeveny, Head of Group Media Relations    0141 636 4515

Bob Hess, Vice President of Investor Relations      001 503 813 7234