20240326Decision Memo.pdf

DECISION MEMORANDUM 1
DECISION MEMORANDUM

TO: COMMISSIONER ANDERSON
COMMISSIONER HAMMOND
COMMISSIONER LODGE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL

FROM: MICHAEL DUVAL
DEPUTY ATTORNEY GENERAL

DATE: MARCH 26, 2024

SUBJECT: IN THE MATTER OF IDAHO POWER’S APPLICATION FOR
AUTHORITY TO IMPLEMENT FIXED COST ADJUSTMENT RATES
FOR ELECTRIC SERVICE FROM JUNE 1, 2024, THROUGH MAY 31,
2025; CASE NO. IPC-E-24-10

On March 15, 2024, Idaho Power Company (“Company”) applied to implement new Fixed
Cost Adjustment (“FCA”) rates for electric service from June 1, 2024, through May 31, 2025, and
a corresponding revised tariff Schedule 54, FCA (“Application”). The Company stated that it
“proposes a $10,575,831, or 1.44 percent, increase for Residential and Small General Service
customers. If the FCA is approved as filed, a typical residential customer using 950 kilowatt-hours
per month will see an approximate $1.69 increase to their monthly bill.” Application at 1-2. The
Company requested its Application be processed through modified procedure with an effective
date of June 1, 2024.
STAFF RECOMMENDATION
Staff recommended the Commission issue a Notice of Application and Notice of Modified
Procedure establishing a public comment deadline of May 2, 2024, and a Company reply deadline
of May 9, 2024.
COMMISSION DECISION
Does the Commission wish to issue a Notice of Application and Notice of Modified
Procedure with public comments due by May 2, 2024, and Company reply comments due by May
9, 2024?

Michael Duval
Deputy Attorney General
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