Loading...
HomeMy WebLinkAbout20240830Final_Order_No_36310.pdf Office of the Secretary Service Date August 30,2024 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF AVISTA ) CASE NO. AVU-E-24-06 CORPORATION AND FORD HYDRO ) LIMITED PARTNERSHIP'S JOINT ) PETITION FOR APPROVAL OF POWER ) ORDER NO. 36310 PURCHASE AGREEMENT ) On May 16, 2024,Avista Corporation d/b/a Avista Utilities ("Company") and Ford Hydro Limited Partnership ("Seller") (collectively, "Parties") submitted a joint petition to the Idaho Public Utilities Commission ("Commission") for approval of a Power Purchase Agreement ("PPA") that would authorize the sale of energy from Seller's hydroelectric facility to the Company ("Petition"). On August 5, 2024, the Commission issued Order No. 36282 that approved the PPA contingent on the Parties correcting several typographical and other errors identified by the Commission Staff("Staff'), effective July 1, 2024. At the Commission's August 13, 2024, Decision Meeting, Staff presented a Decision Memorandum which noted that Staff had reviewed the Company's July 23,2024,Amendment No. 1 to the PPA and recommended the Commission issue an Order specifying that the Company had complied with Commission requirements set forth in Order No. 36282. COMMISSION FINDINGS AND DISCUSSION The Commission has jurisdiction over this matter under Idaho Code §§ 61-502 and 61- 503. The Commission is empowered to investigate rates, charges,rules,regulations,practices, and contracts of public utilities and to determine whether they are just, reasonable, preferential, discriminatory, or in violation of any provision of law, and to fix the same by order. Idaho Code §§ 61-502 and 61-503. The Commission finds the Company has complied with our requirement that the typographical and other errors identified by Staff be corrected before the PPA is fully approved. Pursuant to our findings in this Order, the PPA as modified by Amendment No. 1, is approved, effective as of July 1, 2024. All payments for purchases of energy under the PPA be allowed as prudently incurred expenses for ratemaking purposes. ORDER NO. 36310 1 ORDER IT IS HEREBY ORDERED that the Company's PPA, as modified by Amendment No. 1, is approved effective July 1, 2024, and all payments for purchases of energy under the PPA shall be allowed as prudently incurred expenses for ratemaking purposes. THIS IS A FINAL ORDER. Any person interested in this Order may petition for reconsideration within twenty-one (21) days of the service date of this Order about any matter decided in this Order. Within seven (7) days after any person has petitioned for reconsideration, any other person may cross-petition for reconsideration.Idaho Code § 61-626. DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 30"' day of August 2024. ERIC ANDERSON, PRESIDENT ? — 4::�= HN R. HAMMOND JR., COMMISSIONER G EDWARD LODGE, CONWISSIONER ATTEST: ;A I.' �.. Mo rrio -S c Commission Secretary I:\Legal\ELECTRIC\AVU-E-24-06_Ford Hydro\orders\AVUE2406_Comp_md.doex ORDER NO. 36310 2