HomeMy WebLinkAbout20240531Final Approved Tariffs.pdf Idaho Power Company First Revised Sheet No. 55-1
Cancels IDAHO PUBLIC UTILITIES COMMISSION
I.P.U.C. No. 30, Tariff No. 101 Original Sheet No. 55-1 Approved Effective
May 31, 2024 June 1, 2024
SCHEDULE 55 Per ON 36202
POWER COST ADJUSTMENT Monica Barrios-Sanchez Secretary
APPLICABILITY
This schedule is applicable to the electric energy delivered to all Idaho retail Customers served
under the Company's schedules and Special Contracts listed within this schedule. These loads are
referred to as "firm" load for purposes of this schedule.
BASE POWER COST AND PROJECTED POWER COST
The Base Power Cost of the Company's rates, expressed in cents per kWh, is computed by
dividing the sum of the Company's power cost components by firm kWh sales. The power cost
components are segmented into three categories as described in the table below:
The Projected Power Cost is the Company estimate, expressed in cents per kWh, of the power
cost components for the forecasted time period beginning April 1 each year and ending the following
March 31.
BALANCING ADJUSTMENT
The Balancing Adjustment is based upon the differences between previous Projected Power Cost
and the power costs actually incurred. The Balancing Adjustment is 0.5946 cents per kWh.
EARNINGS SHARING
Order Nos. 30978, 32424, 33149, and 34071 directed the Company to share a portion of its
earnings above a certain threshold with customers through the annual Power Cost Adjustment. The
Company's 2023 earnings were not above the prescribed threshold resulting in a credit of 0.0000 cents
per kWh.
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. Timothy E. Tatum, Vice President, Regulatory Affairs
Effective — June 1, 2024 1221 West Idaho Street, Boise, Idaho
Idaho Power Company First Revised Sheet No. 55-2
Cancels IDAHO PUBLIC UTILITIES COMMISSION
I.P.U.C. No. 30, Tariff No. 101 Original Sheet No. 55-2 Approved Effective
May 31, 2024 June 1, 2024
Per ON 36202
SCHEDULE 55 Monica Barrios-Sanchez Secretary
POWER COST ADJUSTMENT
(Continued)
POWER COST ADJUSTMENT
The Power Cost Adjustment (PCA) is the sum of: 1) 95 percent of the difference between the
Projected Power Costs in Category 1 and the Base Power Costs in Category 1; 2) 100 percent of the
difference between the Projected Power Costs in Category 2 and the Base Power Costs in Category 2;
3) 100 percent of the difference between the Projected Power Costs in Category 3 and the Base Power
Costs in Category 3;4)the Balancing Adjustment; and 5) Earnings Sharing. The following table calculates
the rates for Categories 1, 2 and 3.
The following table shows the determination of PCA rates for Categories 1, 2, and 3:
Base Projected Sharing
Category Description Power Power Difference % Rate
Cost Cost
(¢ per kWh)
The sum of fuel expense and
purchased power expense
(excluding purchases from
1 cogeneration and small power 1.64824 1.77069 0.12245 95% 0.11633
producers), less the sum of off-
system surplus sales revenue and
revenue from market-based
special contract pricing.
Purchased power expense from
2 cogeneration and small power 1.35833 1.39092 0.03259 100% 0.03259
producers.
3 Demand response incentive 0.06767 0.06881 0.00113 100% 0.00113
payments.
Total 3.07424 3.23041 0.15617 0.15005
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. Timothy E. Tatum, Vice President, Regulatory Affairs
Effective —June 1, 2024 1221 West Idaho Street, Boise, Idaho
Idaho Power Company First Revised Sheet No. 55-3
Cancels IDAHO PUBLIC UTILITIES COMMISSION
I.P.U.C. No. 30, Tariff No. 101 Original Sheet No. 55-3 Approved Effective
May 31, 2024 June 1, 2024
Per ON 36202
Monica Barrios-Sanchez Secretary
SCHEDULE 55
POWER COST ADJUSTMENT
(Continued)
The monthly Power Cost Adjustment rates applied to the Energy rate of all metered schedules and
Special Contracts are shown below. The monthly Power Cost Adjustment applied to the per unit charges
of the nonmetered schedules is the monthly estimated usage times the cents per kWh rates shown below.
Totals may not tie due to rounding.
Balancing Earnings Total PCA
Schedule Cate go Adjustment Sharin
1 2 3
1 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
3 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
5 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
6 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
7 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
8 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
9S 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
9P 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
9T 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
15 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
19S 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
19P 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
19T 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
24 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
40 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
41 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
42 0.1163 0.0326 0.0011 0.5946 0.0000 0.7447
26 0.1163 0.0326 0.0011 0.5946 0.7447
29 0.1163 0.0326 0.0011 0.5946 0.7447
30 0.1163 0.0326 0.0011 0.5946 0.7447
32 0.1163 0.0326 0.0011 0.5946 0.7447
34 0.1163 0.0326 0.0011 0.5946 0.7447
* Earnings Sharing Credits are applied as monthly amounts per the table below.
Schedule Special Contract Monthly Credit
26 Micron $0.00
29 Simplot $0.00
30 DOE $0.00
32 Simplot-Caldwell $0.00
34 Lamb Weston $0.00
EXPIRATION
The Power Cost Adjustment included on this schedule will expire May 31, 2025.
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective -June 1, 2024 1221 West Idaho Street, Boise, Idaho
Idaho Power Company 9rigiRal First Revised Sheet No. 55-1
Cancels
I.P.U.C. No. 30, Tariff No. 101 NoReteeRth Reyised0riginal Sheet No. 55-1
SCHEDULE 55
POWER COST ADJUSTMENT
APPLICABILITY
This schedule is applicable to the electric energy delivered to all Idaho retail Customers served
under the Company's schedules and Special Contracts listed within this schedule. These loads are
referred to as "firm" load for purposes of this schedule.
BASE POWER COST AND PROJECTED POWER COST
The Base Power Cost of the Company's rates, expressed in cents per kWh, is computed by
dividing the sum of the Company's power cost components by firm kWh sales. The power cost
components are segmented into three categories as described in the table below:
The Projected Power Cost is the Company estimate, expressed in cents per kWh, of the power
cost components for the forecasted time period beginning April 1 each year and ending the following
March 31.
BALANCING ADJUSTMENT
The Balancing Adjustment is based upon the differences between previous Projected Power Cost
and the power costs actually incurred. The Balancing Adjustment is 0.6357 5946 cents per kWh.
EARNINGS SHARING
Order Nos. 30978, 32424, 33149, and 34071 directed the Company to share a portion of its
earnings above a certain threshold with customers through the annual Power Cost Adjustment. The
Company's 20223 earnings were not above the prescribed threshold resulting in a credit of 0.0000 cents
per kWh.
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective— JaRuary 1, 2024June 1, 2024 1221 West Idaho Street, Boise, Idaho
Idaho Power Company Original First Revised Sheet No. 55-2
Cancels
I.P.U.C. No. 30, Tariff No. 101Th'rteeRth Revised0riginal Sheet No. 55-2
SCHEDULE 55
POWER COST ADJUSTMENT
(Continued)
POWER COST ADJUSTMENT
The Power Cost Adjustment (PCA) is the sum of: 1) 95 percent of the difference between the
Projected Power Costs in Category 1 and the Base Power Costs in Category 1; 2) 100 percent of the
difference between the Projected Power Costs in Category 2 and the Base Power Costs in Category 2;
3) 100 percent of the difference between the Projected Power Costs in Category 3 and the Base Power
Costs in Category 3;4)the Balancing Adjustment; and 5) Earnings Sharing. The following table calculates
the rates for Categories 1, 2 and 3.
The following table shows the determination of PCA rates for Categories 1, 2, and 3:
Base Projected Sharing
Category Description Power Power Difference % Rate
Cost Cost
(¢ per kWh)
The sum of fuel expense and
purchased power expense
(excluding purchases from
cogeneration and small power 1.661 1. 1.Q�A8 9�3304820 ° 0.34 60
1 producers), less the sum of off- 64824 1.77069 .12245 95�0 .11633
system surplus sales revenue and
revenue from market-based
special contract pricing.
Purchased power expense from 1.3692061. 1, 299 9�0930 0.0260930
2 cogeneration and small power35833 1.39092 .03259 100% .03259
producers.
Demand response incentive 0.06844-70. 0.07342-3 0.0049760 ° 0.0049760
3 payments. 06767 0.06881 .00113 100/° .00113
�.^� °�°3. 3.460640 0PTO 00 3450270
Total 07424 3.23041 .15617 .15005
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective— JaRuary 1, 2024June 1, 2024 1221 West Idaho Street, Boise, Idaho
Idaho Power Company 9rigiRal First Revised Sheet No. 55-3
Cancels
I.P.U.C. No. 30, Tariff No. 101Twelfth Revo ed0riginal Sheet No. 55-3
SCHEDULE 55
POWER COST ADJUSTMENT
(Continued)
The monthly Power Cost Adjustment rates applied to the Energy rate of all metered schedules and
Special Contracts are shown below. The monthly Power Cost Adjustment applied to the per unit charges
of the nonmetered schedules is the monthly estimated usage times the cents per kWh rates shown below.
Totals may not tie due to rounding.
Balancing Earnings Total PCA
Schedule Categoa Adjustment Sharing
1 2 3
9.1400.1163 0.02610.0326 0.00500.0011 0.63570.5946 (0.0000)
1 9-.99N0.7447
3 0.34400.1163 0.02610.0326 0-.00000.0011 0.-&�0.5946 0.0000 0.98070.7447
5 0.31400.1163 0-.0261-0.0326 0-.00000.0011 0.63570.5946 0.0000 0.-(�0.7447
6 0-34400.1163 0.02610.0326 0-.00500.0011 0.63570.5946 0.0000 0.-(�0.7447
7 0-34400.1163 0.02610.0326 0-.00000.0011 0.63570.5946 0.0000 94�0.7447
8 0.34400.1163 0.02610.0326 0.00-500.0011 0.63570.5946 0.0000 0470.7447
9S 0.34400.1163 0.02610.0326 0-:00000.0011 0.63570.5946 0.0000 0.-(�0.7447
9P 0-34400.1163 0.02610.0326 0-.00500.0011 0.63570.5946 0.0000 0.-(�0.7447
9T 0-34400.1163 0.02610.0326 0-:90000.0011 0.63570.5946 0.0000 94�0.7447
15 0-34400.1163 0.02610.0326 0-:90000.0011 0.63570.5946 0.0000 94�0.7447
0.31400.1163 0.02610.0326 0.00500.0011 0.63570.5946 (0.0000)
19S 9-.99N0.7447
19P 0-34400.1163 0.02610.0326 0-.00000.0011 0.63570.5946 0.0000 0.-(�0.7447
19T 0-34400.1163 0.02610.0326 0-:90000.0011 0.63570.5946 0.0000 94�0.7447
24 0.34400.1163 0.02610.0326 0.00500.0011 0.63570.5946 0.0000 0470.7447
40 0.34400.1163 0.02610.0326 0-.G0500.0011 0.63570.5946 0.0000 0.-(�0.7447
41 0-34400.1163 0.02610.0326 0-.00500.0011 0.63570.5946 0.0000 0.-(�0.7447
42 0-34400.1163 0.02610.0326 0-.00500.0011 0.63570.5946 0.0000 0.-(�0.7447
26 0-34400.1163 0.02610.0326 0-:90000.0011 0.63570.5946 0:98070.7447
29 0.34400.1163 0.02610.0326 0.00500.0011 0.63570.5946 0.98070.7447
30 0.34400.1163 0.02610.0326 0-:00000.0011 0.63570.5946 0-.98N0.7447
32 0-34400.1163 0.02610.0326 0-.00500.0011 0.63570.5946 0.98070.7447
34 0.1163 0.0326 0.0011 0.5946 0.7447
* Earnings Sharing Credits are applied as monthly amounts per the table below.
Schedule Special Contract Monthly Credit
26 Micron $0.00
29 Simplot $0.00
30 DOE $0.00
32 Simplot-Caldwell $0.00
34 Lamb Weston 0.00
EXPIRATION
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective- JaRuary 1, 2024June 1, 2024 1221 West Idaho Street, Boise, Idaho
Idaho Power Company 9rigiRal First Revised Sheet No. 55-3
Cancels
I.P.U.C. No. 30, Tariff No. 101Twelfth Revo ed0riginal Sheet No. 55-3
The Power Cost Adjustment included on this schedule will expire May 31, 20245.
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective— JaRuary 1, 2024June 1, 2024 1221 West Idaho Street, Boise, Idaho