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HomeMy WebLinkAboutOMEARA.txt 1 (The following proceedings were 2 had in open hearing.) 3 Q. BY MR. RICHARDSON: And, Mr. Chairman, 4 there was an additional exhibit introduced -- 5 Exhibit 102 -- by PacifiCorp earlier dealing with 6 the subject matter of these witnesses' testimony, 7 and I just ask -- like to ask them a single 8 question, and that is did that exhibit change or 9 does it change any of the conclusions in your 10 testimony? 11 A. BY WITNESS HANSEN: No, it does not. 12 MR. RICHARDSON: Thank you. 13 Mr. Chairman, the two witnesses are 14 available for cross-examination. 15 COMMISSIONER HANSEN: Okay. I believe 16 we will change the order. We'll start with Mr. Nye. 17 MR. NYE: No questions. 18 COMMISSIONER HANSEN: Mr. Ward. 19 MR. WARD: No questions. Thank you. 20 COMMISSIONER HANSEN: Mr. Budge. 21 MR. BUDGE: No questions. 22 COMMISSIONER HANSEN: Let's see. 23 Mister -- let's see. Who do we have with 24 PacifiCorp? Mr. Eriksson. 25 MR. ERIKSSON: Thank you. 664 HEDRICK COURT REPORTING O'MEARA/HANSEN (Di) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 CROSS-EXAMINATION 2 3 BY MR. ERIKSSON: 4 Q. Let's start with the exchange program 5 issue. In your direct testimony, you briefly 6 describe that program, and in your testimony, you 7 state that Bonneville Power Administration makes a 8 cash payment to exchanging utilities for the amount 9 of the exchange benefits. Is that correct? 10 A. BY WITNESS HANSEN: Yes, it is. 11 Q. And where does BPA get that money from 12 to make that cash payment? 13 A. BY WITNESS HANSEN: From its 14 customers. 15 Q. And its customers would include 16 entities such as cities, co-ops, public utilities 17 districts, such as you represent? 18 A. BY WITNESS HANSEN: That is correct. 19 Q. And if the exchanging utility is 20 entitled to less benefits through change in the ASC 21 or even for the -- ineligible for the program, that 22 would improve or reduce the cost to your 23 constituents paid to BPA? 24 A. BY WITNESS HANSEN: That is correct. 25 Q. And that leaves me -- or, leads me to 665 HEDRICK COURT REPORTING O'MEARA/HANSEN (X) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 the next question, and that is what is Public 2 Power's -- Council's interest in this case? 3 A. BY WITNESS HANSEN: The Public Power 4 Council flagged a couple of issues as being of 5 importance to its members. The first is 6 transmission issues of a subset of its members. As 7 wholesale transmission transactions are not within 8 the purview of this Commission, we have not raised 9 those in our testimony. 10 And the second issue is the 11 residential exchange as described in our testimony. 12 Q. And the purpose of raising the issue 13 of residential exchange in this case? 14 A. BY WITNESS HANSEN: As we move into 15 the future, there are a lot of unanswered questions 16 about how the residential exchange will be treated 17 post-2001, and given a large number of unanswered 18 questions, we merely wished to raise some issues 19 that will be of importance in the next few months-- 20 in the next few months and years as post-2001 21 conditions are determined. 22 Q. Is there anything this Commission 23 could do to address your issues? 24 A. BY WITNESS O'MEARA: I -- I think 25 there's a number -- there's a number of aspects in 666 HEDRICK COURT REPORTING O'MEARA/HANSEN (X) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 which the Commission can address these issues, one 2 in terms of informational requirements we flagged 3 where IPUC Staff quite properly is quite concerned 4 then moving the locus of decision-making from 5 Portland to Scotland, that that might make it more 6 difficult in order to get the necessary documents 7 associated with -- with regulating PacifiCorp. And 8 what we wanted to add was although the IPUC clearly 9 has an interest in making sure it has access to 10 those documents, that Bonneville and Intervenors in 11 average system cost proceedings have an interest as 12 well in getting equal access to those documents. 13 The other thing that we wanted to 14 point out in terms of the -- for the consideration 15 of the IPUC is that they are, in fact, considering, 16 you know, a merger proceeding here, and one of the 17 things we wanted to raise was that the change of the 18 status of PacifiCorp as a result of the merger might 19 conceivably have an impact on the level of 20 residential exchange and the merged entities' 21 potential eligibility for the residential exchange. 22 Q. As far as access to documents, do you 23 see it to be this Commission's role to ensure that 24 BPA has access to PacifiCorp documents? 25 A. BY WITNESS HANSEN: Go ahead. 667 HEDRICK COURT REPORTING O'MEARA/HANSEN (X) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 A. BY WITNESS O'MEARA: Okay. 2 I don't think it's the Commission's 3 role; however, we do want to point out and one of 4 the things the Commission is clearly concerned about 5 is exchange issues and average system cost issues, 6 that in order to be able to make a correct average 7 system cost determination, that it's not merely that 8 the perfect documents be available to Commission 9 Staff for retail rate-making, but that similar 10 documents have to be available for Bonneville and 11 Intervenors to be able to determine the appropriate 12 level of exchange, and that clearly is considerable 13 interest to the Commission. 14 Q. And you recognize the level of 15 assurance, the commitments that the Company has made 16 with respect to access to documents to this 17 Commission? 18 A. BY WITNESS O'MEARA: Yes. 19 Q. Now, in your testimony, you've alluded 20 to the year -- you've indicated that PacifiCorp 21 wouldn't necessarily remain eligible for the 22 exchange program post-merger with ScottishPower. Do 23 you have an opinion as to whether or not it would? 24 A. BY WITNESS HANSEN: We don't have an 25 opinion at this time. There are too many unanswered 668 HEDRICK COURT REPORTING O'MEARA/HANSEN (X) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 questions. 2 Q. What would -- what are some of those 3 unanswered questions given -- given that we have a 4 full description of what the transaction is. 5 A. BY WITNESS HANSEN: Uh-huh. Before 6 Bonneville can make a final determination of ASC 7 ineligibility, it needs to conduct a public process, 8 and then the final decision maker on issues 9 regarding the implementation of the ASC methodology 10 rest with FERC. 11 Q. Now, did both of those points refer to 12 ASC methodology or eligibility? 13 A. BY WITNESS HANSEN: The ASC 14 methodology references FERC as being the final 15 decision maker on issues regarding implementation of 16 the ASC methodology. 17 Q. You would agree with me that there is 18 no certainty that PacifiCorp would become ineligible 19 under the Northwest Act? 20 A. BY WITNESS HANSEN: Yes. 21 Q. And, in fact, at this point, you would 22 agree that you cannot even say that there is a 23 probability that PacifiCorp will become ineligible? 24 A. BY WITNESS HANSEN: Yes. 25 Q. Now turning to the level of the 669 HEDRICK COURT REPORTING O'MEARA/HANSEN (X) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 exchange benefits which you also addressed in your 2 testimony, at this point, you do not know what 3 PacifiCorp's ASC would be two years from now? 4 A. BY WITNESS HANSEN: That is correct. 5 Q. And likewise at this point, you don't 6 know what BPA's priority current exchange rate will 7 be two years from now? 8 A. BY WITNESS HANSEN: That is correct. 9 Q. And you cannot say whether the merger 10 will affect the level of exchange benefits available 11 to PacifiCorp? 12 A. BY WITNESS HANSEN: That is also 13 correct. 14 MR. ERIKSSON: That's all I have. 15 COMMISSIONER HANSEN: Go to the 16 Staff. Mr. Purdy. 17 18 CROSS-EXAMINATION 19 20 BY MR. PURDY: 21 Q. Seems as though it's your conclusion 22 then that at this juncture, there is no way to 23 determine with certainty whether and how the 24 exchange credits would be affected by the merger? 25 A. BY WITNESS HANSEN: That is correct. 670 HEDRICK COURT REPORTING O'MEARA/HANSEN (X) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 MR. PURDY: Nothing further. Thank 2 you. 3 COMMISSIONER HANSEN: See if we have 4 any questions from the Commissioners. Commissioner 5 Smith. 6 COMMISSIONER SMITH: Thank you. 7 8 EXAMINATION 9 10 BY COMMISSIONER SMITH: 11 Q. Were both of you present -- I believe 12 it was still today -- when Mr. Brattebo testified? 13 A. BY WITNESS HANSEN: We were both 14 present. 15 Q. My recollection is that he testified 16 that with the merger or without the merger, the 17 exchange program as we now know it, because of the 18 7(b)(2) and in lieu provisions, is basically history 19 after year 2001. Do you have a different opinion? 20 A. BY WITNESS HANSEN: Well, we have the 21 same opinion. 22 A. BY WITNESS O'MEARA: Let me amplify on 23 that. 24 A. BY WITNESS HANSEN: Okay. 25 A. BY WITNESS O'MEARA: I don't think -- 671 HEDRICK COURT REPORTING O'MEARA/HANSEN (Com) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 I think that the -- clearly a utility such as 2 PacifiCorp have continued -- have a continued legal 3 right to the exchange after 2001. 4 Q. Assuming Congress doesn't change it? 5 A. BY WITNESS O'MEARA: Right, assuming 6 Congress doesn't change it. And actually I was 7 joking with Scott that of the perhaps six people who 8 understand 7(b)(2), two of them were present -- 9 Q. That's pretty scary? 10 A. BY WITNESS O'MEARA: -- in the hearing 11 room with Scott and myself. 12 Bonneville does have the option of in 13 lieuing. Where I do disagree with Mr. Brattebo is 14 that that doesn't eliminate potential exchange 15 benefits to Bonneville -- I mean, excuse me, 16 PacifiCorp. It merely -- that under in lieuing, 17 Bonneville would continue to provide PacifiCorp with 18 lower cost power, what would -- then would be 19 Bonneville being required to take more expensive 20 PacifiCorp power back in return. 21 The Public Power Council supports BPA 22 subdescription settlement, and a portion of that 23 subscription settlement is the allocation of power 24 that Bonneville has proposed to residential and 25 small farm customers, investor-owned utilities. It 672 HEDRICK COURT REPORTING O'MEARA/HANSEN (Com) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 is our desire, as is Bonneville's as well, that this 2 allocation effectively replace exchange, but we 3 don't have an assurance that that will occur. 4 Q. That allocation hasn't been made yet. 5 Correct? 6 A. BY WITNESS O'MEARA: Well, 7 Bonneville's proposed allocation 1,800 megawatts of 8 power going up to 2,200. 9 Q. In the second five years? 10 A. BY WITNESS O'MEARA: Right. 11 Q. But it hasn't had -- doesn't have 12 names and numbers? 13 A. BY WITNESS O'MEARA: Right. It's up 14 to state commissions to make a recommendation to 15 Bonneville that then will decide who actually gets 16 what share of power. 17 Q. But besides this theoretical 18 possibility that if the statute's not changed, 19 there's this theoretical possibility is this basic 20 conclusion that with or without the merger, after 21 2001, the exchange program is probably not going to 22 be used and subscription will be the vehicle? 23 A. BY WITNESS O'MEARA: That's our hope, 24 and one of the reasons why we're here in the hearing 25 room is we want that, we want that to happen, and 673 HEDRICK COURT REPORTING O'MEARA/HANSEN (Com) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 so -- but we're not necessarily so convinced as 2 Mr. Brattebo that the exchange would necessarily be 3 a dead letter after 2001. 4 COMMISSIONER SMITH: Thank you, 5 Mr. Chairman. 6 COMMISSIONER HANSEN: Commissioner 7 Kjellander. 8 Do we have redirect? 9 MR. RICHARDSON: No reredirect, 10 Mr. Chairman. Thank you. That concludes the Public 11 Power Council's presentation today. 12 COMMISSIONER HANSEN: Thank you. 13 MR. RICHARDSON: And, Mr. Chairman, 14 one further matter: May Ms. Hansen and Mr. O'Malley 15 (sic) be excused? 16 COMMISSIONER HANSEN: Is there any 17 objection? That's fine. 18 (The witnesses left the stand.) 19 MR. RICHARDSON: I said "O'Malley"; I 20 meant "O'Meara." I'm sorry. 21 COMMISSIONER HANSEN: Okay, let's move 22 now to -- can we move to the -- yes. 23 Let's go at ease for a couple, three 24 minutes, and we'll go off the record and talk about 25 how we want to finish this up. 674 HEDRICK COURT REPORTING O'MEARA/HANSEN (Com) P.O. BOX 578, BOISE, ID 83701 Public Power Coun. 1 (Discussion off the record.) 2 COMMISSIONER HANSEN: Okay, we're back 3 on record. Okay, we'll now go to Solutia. 4 MR. BUDGE: Thank you, Mr. President. 5 We'd call Richard M. Anderson to the stand. 6 7 RICHARD M. ANDERSON, 8 produced as a witness at the instance of Solutia, 9 Inc., being first duly sworn, was examined and 10 testified as follows: 11 12 DIRECT EXAMINATION 13 14 BY MR. BUDGE: 15 Q. Would you please state your full name 16 and business address for the record? 17 A. My name is Richard Anderson, 39 Market 18 Street, Suite 200, Salt Lake City, 84101. 19 Q. Mr. Anderson, did you prefile 20 testimony and exhibits in this case on behalf of 21 Solutia, Inc.? 22 A. I did. 23 Q. And have you also been a participant 24 and witness in other merger proceedings in other 25 states involving the same Applicants? 675 HEDRICK COURT REPORTING ANDERSON (Di) P.O. BOX 578, BOISE, ID 83701 Solutia 1 A. I have. I represented clients in the 2 Utah -- I mean, in the Wyoming proceedings last 3 week, and will represent clients in the Utah 4 proceedings in August. 5 Q. And just for informational purposes 6 for the Commission and parties, would you indicate 7 who you testified on behalf of in the Wyoming case? 8 A. The Wyoming case? 9 Q. Yes. 10 A. I testified on behalf of the Wyoming 11 Industrial Energy Consumers. An acronym WIEC is 12 what it's more known to go by and actually was used 13 earlier in today's proceedings. 14 Q. And in the Oregon proceeding, who was 15 your client in that case? 16 A. Oregon? 17 Q. Yes. Or is it the Utah? 18 A. Utah proceeding. 19 Q. Utah proceeding. Excuse me. 20 A. I represent Utah Industrial Energy 21 Consumers, is a coalition of 14 industrial entities 22 within the state of Utah. 23 Q. Referring to your representation of 24 Solutia in this proceeding, did you prefile 25 testimony consisting of pages 1 through 50 and 676 HEDRICK COURT REPORTING ANDERSON (Di) P.O. BOX 578, BOISE, ID 83701 Solutia 1 exhibits consisting of Exhibits 301 through 309? 2 A. I did. 3 Q. Do you have any corrections you wish 4 to make to your testimony or your exhibits? 5 A. I do, two minor corrections, and then 6 a correction with regard to an exhibit. 7 On page 50, lines 20 -- at the very 8 end of line 20 and carrying on into line 21, the 9 line currently reads "would will." It should read 10 "who will." 11 And also on page 50 -- 12 Q. Could you hold just one moment? 13 A. Sure. 14 Q. I think some people are still turning 15 to that correction. Would you give it to us again 16 on page 50? 17 A. Page 50, lines -- at the end of 18 line 20 and then carrying on into line 21, it 19 currently reads "would will." It should read "who 20 will." 21 Q. And the next correction? 22 A. Next correction is also on page 50, 23 line 23. The word "conclude" is misspelled. Should 24 be C-O-N-C-L-U-D-E. 25 Q. Do you have any corrections to your 677 HEDRICK COURT REPORTING ANDERSON (Di) P.O. BOX 578, BOISE, ID 83701 Solutia 1 exhibits? 2 A. I do. Exhibit 304, the exhibit that 3 was included within the prefiled testimony, was an 4 erroneous conclusion. It's not consistent while 5 it's of the same study type in terms of the 6 comparison of different utilities nationwide. With 7 regard to the reference in the testimony to 8 Exhibit 304, there's a disconnect between that 9 reference and what was actually -- what was 10 included. I believe Counsel and the Commissioners 11 have before them the corrected version of 12 Exhibit 304. 13 Q. Mr. Anderson, if the questions 14 contained in your prefiled testimony were asked 15 today, would your answers be the same? 16 A. Yes. 17 MR. BUDGE: Mr. President, we would 18 move that the testimony and exhibits of Mr. Anderson 19 be spread upon the record, and we would tender him 20 for cross-examination. 21 COMMISSIONER HANSEN: Okay. The 22 testimony be spread upon the record if there is no 23 objection. Being none, it would be so ordered. 24 (The following prefiled direct 25 testimony of Mr. Anderson is spread upon the 678 HEDRICK COURT REPORTING ANDERSON (Di) P.O. BOX 578, BOISE, ID 83701 Solutia 1 record.) 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 679 HEDRICK COURT REPORTING ANDERSON (Di) P.O. BOX 578, BOISE, ID 83701 Solutia