HomeMy WebLinkAbout20210318Erratum to English Direct.pdfDAYN HARDIE (ISB No. 9917) MATT HUNTER (ISB No. 10665) DEPUTY ATTORNEYS GENERAL IDAHO PUBLIC UTILITIES COMMISSION PO BOX 83720 BOISE, IDAHO 83720.0074 (208) 334-03t2 (208) 334-0318 Sfeet Address for Express Mail: 11331 W CHINDEN BLVD, BLDG 8, SUITE 2OT-A BOISE,ID 83714 Attorneys forthe Commission Staff BEF'ORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF STIEZ WATER IDAIIO INC.NS APPLICATION FOR AUTHORITY TO INCREASE ITS RATES AI\ID CHARGES FOR WATER SERVICE IN THE STATE OF IDAHO cAsE NO. SUZ.W-20-02 ERRATT'M TO DIRECT TESTIMONY OF DONN ENGLISH The Staff of the Idaho Public Utilities Commission, by and through its attorneys of record, submits the affached document to correct an elror in Donn English's Direct Testimony filed with the Commission on March 17,2021. Commission Staff filed Direct Testimony in the above-captioned case on March 17 ,2021. On March 18,2021, Staff found an elror on page 9 of the testimony. The erroneous sentence is: "The parties in this case agree to return the entirety of the approximately $16 million unprotected ADFIT to customers over one year, beginning on May 1, 2021." The sentence should read: "The parties in this case agree to return the entirety of the approximately $1.6 million unprotected ADFIT to customers over one year, beginning on May 1, 2021." ERRATUM TO DIRECT TESTIMONY OF DONN ENGLISH Page I ) ) ) ) ) ) ) ) Attached hereto is a corrected page 9 for Donn English's Direct Testimony that replaces page 9 filed with the Commission yesterday. RESPECTFULLY Submitted this l8m day of March 2021. Matt Hunter Deputy Attorney General ERRATUM TO DIRECT TESTIMONY OF DONN ENGLISH Page2 CERTIFICATE OF SERVICE I HEREBY CERTIFY THAT I HAVE THIS 18th DAY OF MARCH 202T, SERVED THE FOREGOIN ERRATUM TO DIRECT TESTIMONY OF DONN ENGLISH, IN CASE NO. SUZ-W-20-02, BY E-MAILING A COPY THEREOF TO THE FOLLOWING: MICHAEL C CREAMER PRESTON N CARTER GTVENS PURSLEY LLP POBO){2720 BOrSE rD 8370t-2720 E-MAIL: mcc@si .com prestoncarter@ givenspursley. com LORNA K. JORGENSEN JOHN C. CORTABITARTE ADA COUNTY PROSECUTING ATTORNEY'S OFFICE CIVIL DIVISION 2OO W. FRONT STREET. ROOM 3l9l BOISE.ID 83702 E-MAIL: ljoreensen(aadacountv.id. eov i cortabitarte@ adacounty. id. sov MARY R. GRANT SCOTT B. MUIR DEPUTY CITY ATTORNEY BOISE CITY ATTORNEY'S OFFICE 150 N. CAPMOL BLVD. P.O. BOX 500 BOISE,ID 83701-0500 E-MAIL: boisecitvattorney(@cityofboise.ore BRAD M. PURDY 20lg N. 17rH ST. BOISE, D 83702 E-MAIL: bmpurdv(a)hotmail.com DAVID NruGUNA MGR - REGULATORY BUSINESS SUEZ WATER MGMNT & SERVICES CO 461 FROM ROAD SUITE 4OO PARAMUS NJ 07052 E-MAIL: David.njueuna(@ suez.com NORMAN M. SEMANKO PARSONS BEHLE & LATIMER 8OO W. MAIN ST., STE.l3OO BOISE, ID 83702 E-MAIL: NSemanko@parsonsbehle.com Boisedocket@parsonsbehle. com MARTY DURAND PIOTROWSKI DURAND PLLC 1O2O MAIN ST., STE.44O P.O. BOX 2864 BOISE,ID 8370I E-MAIL: marty(didunionlaw.com KEN NAGY ATTORNEY AT LAW P.O. BOX 164 LEWISTON,ID 8350I E-MAIL: knagy(@lewiston.com ERRATUM TO DIRECT TESTIMONY OF DONN ENGLISH Page 3 AUSTIN RUESCHHOFF THORVALD A. NELSON 555 ITTH ST., STE. 3200 DENVE& CO 80202 E-MAIL: darueschhofffdhollandhart. com tnel son@ hollandhart. com aclee@hollandhart. com sl eareanomari@hollandhart. com JIM SWIER GREG HARWOOD MICRON TECHNOLOGY, INC. 8OOO S. FEDERAL WAY BOISE,ID 83707 E-MAIL: jswier@micron.com gbharwood@micron.com ZOE ANN OLSON EXCUTME DIRECTOR INTERMONTAIN FAIR HOUSING COUNCIL INC 4696W OVERLAND RD, STE 140 BOISE ID 83705 E-MAIL: zolson@iftrcidaho.ore Kril zV.+tavtulw feri l. Hiw&r Legal Assistant I:Urgal\WATER\SUZ-W-2042\SUZW2002_crct_t6t_mhdhd@x ERRATUM TO DIRECT TESTIMONY OF DONN ENGLISH Page 4 reserve balances. Balances associated with regulated utility operalions resul"ted in a balance sheet reclassification from deferred tax to a deferred regulatory asset or liahility. This revaluation effected both plant (protected or permanent tax benefit) and non-plant (unprotected or temporary tax benefit) balances. For plant-related excess Accumulated Deferred Federal Income Taxes (*ADFIT"), the Company rnust amortize the balance under the Internal Revenue Service (*IRS") Average Rate Assumption Method (*ARAM"), To comply with the IRS normalization ru1es, the Company must return the plant-related ADFIT to customers over the remaining life of the associated assets. The ARAM serves as a proxy for the composite remaining life of the assets. The associated amortization of the plant-rel-ated ADFIT provides customers approximately $227,000 per year. The temporary (one-tj-me) tax benefits associated with non-plant ADFIT balances can be returned to customers in any manner approved by the Commission. The parties in this case agree t"o return the entirety of t,he approximately $1.6 million unprotected ADFIT to customers over one year, beginning on May 1, 2021.. After the one-year period, all beneflts associated with non-plant ADfl? r^ri11 have been returned to customers and rates will increase on May L, 2422. CASE NO. SUZ-W-20-02 a3lL1 /2t ENGLISH, D. STAFF (stip1 I l" 2 3 4 5 6 7 I I L0 11 12 13 l4 15 L5 17 18 L9 2A 27 2? 23 zq 25