20240618Decision Memo.pdf

DECISION MEMORANDUM
TO: COMMISSIONER ANDERSON
COMMISSIONER HAMMOND
COMMISSIONER LODGE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL
FROM: CHRIS BURDIN
DEPUTY ATTORNEY GENERAL
DATE: JUNE 18, 2024
SUBJECT: IN THE MATTER OF THE APPLICATION OF IDAHO POWER
COMPANY TO INCREASE RATES FOR ELECTRIC SERVICE TO
RECOVER COSTS ASSOCIATED WITH INCREMENTAL CAPITAL
INVESTMENTS AND CERTAIN ONGOING OPERATIONS AND
MAINTENANCE EXPENSES; CASE NO. IPC-E-24-07.
On May 31, 2024, Idaho Power Company ("Company") filed an application
("Application") with the Idaho Public Utilities Commission ("Commission") requesting an order
approving a revision to the Company's schedules of rates for electric service in the state of Idaho.
The Company requests an increase in annual Idaho jurisdictional revenue of $99,293,220. The
Company proposed an effective date of July 1, 2024,with the understanding that the Commission
would likely suspend the proposed effective date. The Company's Application is structured around
an anticipated effective date of January 1, 2025.
STAFF RECOMMENDATION
Commission Staff recommends the Commission suspend the Company's proposed July 1,
2024, effective date.
COMMISSION DECISION
Does the Commission wish to suspend the Company's proposed July 1, 2024, effective
date?
Chris Burdin
Deputy Attorney General
I:\Legal\ELECTRIC\IPC-E-24-07_rates\memos\IPCE2407_dec2_cb.docx
DECISION MEMORANDUM 1