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HomeMy WebLinkAbout20241008Letter_of_Agreement.pdf RECEIVED Tuesday, October 08, 2024 IDAHO PUBLIC UTILITIES COMMISSION _ ROCKY MOUNTAIN 1407 W.North Temple,Suite 330 POWER. Salt Lake City,UT 84116 A DIVISION OF PACIFICORP October 8, 2024 VIA ELECTRONIC DELIVERY Commission Secretary Idaho Public Utilities Commission 11331 W. Chinden Blvd Building 8 Suite 201A Boise, ID 83714 RE: CASE NO. GNR-E-24-01: IN THE MATTER OF COMMISSION STAFF'S APPLICATION TO UPDATE INPUTS TO THE SURROGATE AVOIDED RESOURCE METHOD AVOIDED COST RATES Attention: Commission Secretary On September 6, 2024, PacifiCorp dba Rocky Mountain Power (Company) received Order No. 36314 Notice of Application,Notice of Intervention Deadline,and Notice of Modified of Modified Procedure from the Idaho Public Utilities Commission (IPUC). The order notified the Company of the Staff s application to update Surrogate Avoided Resource (SAR) inputs, make administrative changes to the SAR Model and update the SAR-based avoided rates included with Staff s application. The Company has reviewed the calculation of the new published avoided cost rates and agrees the published Avoided Cost rates were updated correctly. In addition, the Company does not have any concerns with Staff s proposal to use the average of four hubs from the forecast published by the Northwest Power and Conservation Council (NWPCC) for the natural gas forecast input to the model or with Staff s proposal to separate the SAR Model into three models, one for each of the three regulated utilities. Informal inquiries may be directed to Mark Alder, Idaho Regulatory Manager at(801) 220-2313. Very truly yours, 0.--1D Joe Steward Senior Vice President, Regulation