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HomeMy WebLinkAbout20240404Notice of Affiliate Transaction.pdf FBaIVID Thursday,April 4,20241:18D PM IDAHOPUB IC U HITIBCb1VMS40N PAC I F I CORP. Pacific Power Timothy K. Clark Rocky Mountain Power Assistant General Counsel 1407 W.North Temple,Suite 320 Salt Lake City, UT 84116 801-220-4565 Office Tim.Clark@pacificorp.com VIA ELECTRONIC FILING April 4, 2024 Idaho Public Utilities Commission 11331 West Chinden Boulevard Building 8 Suite 201A Boise, Idaho 83714-1021 Attention: Commission Secretary Re: PacifiCorp Notice of Affiliate Transaction—PacifiCorp and Nevada Power Company Case No. PAC-E-05-8 Pursuant to Commitment 117(2), incorporated in the Idaho Public Utilities Commission Order No. 29973, issued February 13, 2006, as supplemented by Order No. 29998 March 14, 2006, in the above-referenced proceeding, approving the acquisition of PacifiCorp by MidAmerican Energy Holdings Company(now Berkshire Hathaway Energy Company or BHE), PacifiCorp hereby provides notice of an affiliated interest transaction with the Nevada Power Company, d/b/a NV Energy, (NV Energy). The parties entered into an agreement(the Agreement)through which PacifiCorp will supply NV Energy with pole transformers. The pole transformers are needed by NV Energy for a critical project. The sale will be executed through a bill of sale. A verified copy of the bill of sale is included with this notice as Attachment A. PacifiCorp is a wholly owned indirect subsidiary of Berkshire Hathaway Energy, (BHE). NV Energy is also a wholly owned, indirect subsidiary of BHE. Therefore, BHE's ownership interest in both companies creates an affiliated interest between PacifiCorp and NV Energy. NV Energy is a public utility which generates, transmits, and distributes electric service in northern and southern Nevada. It serves approximately 1.4 million customers throughout its 44,000-square-mile territory. NV Energy was informed of a delay in the delivery of pole transformers by their supplier making NV Energy's expected receipt too late to service its customer agricultural needs this spring. Thus, PacifiCorp's sale of this crucial stopgap equipment to NV Energy under the Agreement is in the public interest. The value of the equipment to be purchased by NV Energy under the Agreement is approximately $44,991.30. NV Energy will pay PacifiCorp the cost of the parts and administrative expenses, which combined is higher than the market price. Please do not hesitate to contact me if you have any questions. Sincerely, Timothy K. Clark Assistant General Counsel PacifiCorp Enclosure: Attachment A.pdf 2 ATTACHMENT A to PacifiCorp Notice of Affiliate Transaction PACIFICORP Date 02/26/2024 dba Rocky Mountain Power/Pacific Power Control No: BS24-0003 x Outside Sale BILL OF SALE AND DISCLAIMER In consideration of removal from property Rocky Mountain Power/Pacific Power,the undersigned,herein referred to as Seller/Donor,hereby sells/donates To NV ENERGY,INC the following material: Description of Material Sold Stock or Serial Qty Unit Price Total Amount No. XF1MR,POLE,100,7.2,277,NT,ARR 0004500153 3 ea $ 12,033.87 $ 36,071.60 XFMR,POLE,167,7.2,277,NT,ARR 0004500154 1 1 ea $ 6,373.03 $ 6,373.03 I DISCLAIMER OF WARRANTIES: Buyer acknowledges that it is buying/accepting the material "AS IS",AND WITH ALL FAULTS. SELLER MAKES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS,EXCEPT THAT SELLER WARRANTIES THAT IT HAS TITLE TO THE MATERIAL ANDIOR HAS THE RIGHT TO SELLIDONATE IT AND THAT IT IS FREE FROM ALL LIENS OR ENCUMBRANCES. INSPECTION/REPRESENTATIONS:Buyer/Donee acknowledges that it has thoroughly inspected the material and that it is buying/accepting the material solely in reliance upon such inspection,and not in reliance upon any express,implied,or prospective warranties or representations by Seller/Donor.Seller/Donor makes no representation that any lift equipment,either as an assembled package in any form or as individual pieces,is appropriate for use of integration with any particular vehicle chassis or equipment. IDEMNITY: Buyer agrees to defend, protect, indemnify, and hold harmless Seller, its directors, officers, employees, agents, and their representatives against and from any and all loss,claims,actions,or suits,including cost and attorney's fees,both at trial and on appeal,for or on account of any economic or personal injury or death to any persons,or any damage to or destruction of any property belonging to Seller or others,resulting from arising out of,or in any way connected with the design,manufacture,condition,maintenance,use,or operation of the materials sold/donated hereunder, excepting only such injury or harm as may be caused solely by the gross negligence of Seller,its directors,officers,employees,or agents. LB41TATION OF LIABILITY: SELLER SHALL NOT BE LIABLE FOR ANY CONSEQUENTIAL DAMAGES WHATEVER, INCLUDING WITHOUT LIMITATION, LOSS OF USE,LOST PROFITS, OR LIABILITY TO THIRD PARTIES,AND WHETHER SUCH LIABILITY ARISES OUT OF TORT(INCLUDING NEGLIGENCE),WARRANTY,CONTRACT,OR STRICT LIABILITY. NV ENERGY, INC. DOES HEREBY UNDERSTAND AND AGREE TO THE ABOVE DISCLAIMERS, LIMITATIONS, AND INDEMNITY PROVISIONS. NV ENERGY,INC. PACIFICORP Agreed and Noted by Buyer (Seller) By: By Dater -� _a u Date Employee Name _ � mtoYee No./a �Sg I SAP ACCOUNT DISTRIBUTION X Sale of New Material from Inventory g/1508200 Order Sub Total $ 42,444.63 ID Sales Tax 6% $ 2,546.68 ORDER # 539447 TOTAL S 44,991.30 Send signed Bill of Sale&check to: Internal Maul: CCO, ATTN:SAP, 1033 Bldg. External Mail: PacifiCorp,Attn:Central Cashiers/SAP P.O.Box 5504,Portland OR 97228-5504