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HomeMy WebLinkAbout20241029Notice_of_Application_Order_No_36375.pdf Office of the Secretary Service Date October 29,2024 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF IDAHO POWER ) CASE NO. IPC-E-24-38 COMPANY'S FILING IN COMPLIANCE ) WITH ORDER NO. 36402 FOR AUTHORITY ) NOTICE OF APPLICATION TO TRACK ANNUAL WHEELING ) REVENUES IN THE POWER COST ) NOTICE OF INTERVENTION ADJUSTMENT ) DEADLINE ORDER NO. 36375 On October 7, 2024, Idaho Power Company ("Company") applied for authority to track third-parry transmission wheeling revenues ("wheeling revenues") in its Power Cost Adjustment ("PCA")in compliance with the settlement approved by Order No. 36042 issued in the Company's 2023 general rate case. See Case No. IPC-E-23-11, Order No. 36042. The Company proposed that tracking begin on April 1, 2024,to align with the PCA year. Additionally,the Company requested that the Commission affirm that the Company's Application complies with Commission Order Nos. 32821 and 36042. The Company requested this matter be processed by Modified Procedure. With this Order, the Commission provides notice of the Company's Application and sets a deadline for interested parties to intervene. BACKGROUND The Company stated that "wheeling revenues are revenues billed according to the Company's Open Access Transmission Tariff("OATT")rates when a third-party requests to move power across Idaho Power's transmission system and capacity is available to do so."Application at 2. These rates are determined by the Federal Energy Regulatory Commission("FERC") and are meant to maintain the Company's system. Because these costs are not power supply costs, they have not previously been included in the Company's PCA—although they are included in customer base rates and credited against the costs of owner or maintaining the Company's system. In Case No. IPC-E-13-10, Commission Staff ("Staff') argued that wheeling revenue differences should be incorporated into the PCA—while the Company opposed such inclusion. The Commission decided to include the wheeling revenue differences in the PCA after the base level of revenue was determined in a general rate case. Order No. 32821 at 14. In the Company's 2023 general rate case (Case No. IPC-E-23-11), this baseline was agreed to in the settlement stipulation. NOTICE OF APPLICATION NOTICE OF INTERVENTION DEADLINE ORDER NO. 36375 1 NOTICE OF APPLICATION YOU ARE FURTHER NOTIFIED that the Company stated that the proposed wheeling revenue tracker would "measure the difference between actual wheeling revenues and a sales- adjusted baseline level of wheeling revenues as a component of the PCA Balancing Adjustment effective April 1, 2024."Id. at 4. YOU ARE FURTHER NOTIFIED that the Company stated that "[t]he base level of wheeling revenues from which variances will be tracked will be calculated by multiplying the dollar per megawatt-hour("MWh")rate of wheeling revenues embedded in base rates"determined at the last applicable proceeding.Id. YOU ARE FURTHER NOTIFIED the Company stated that, based on the determinations made in Case No. IPC-E-23-11, the base level rate will be $3.11 per MWh. YOU ARE FURTHER NOTIFIED that the Company explained that the wheeling revenues charged or credited to customers would be determined using the applicable year's PCA. The Company noted that it requested April 1, 2024, as an effective date to align with the PCA. YOU ARE FURTHER NOTIFIED that the Company stated that it had complied with Order Nos. 32821 and 36042 but noted that FERC uses a separate formula, related to the Company's OATT, to determine third-parry wheeling revenues. The Company stated that a disconnect could occur due to the differences in the Commission's and FERC's ratemaking processes. The Company suggested that the Company and Staff closely monitor the situation to be best positioned to avoid or mitigate any negative consequences to the Company or its customers. YOU ARE FURTHER NOTIFIED that the Application and supporting documentation have been filed with the Commission and are available for public inspection during regular business hours at the Commission's office. These documents are also available on the Commission's website at www.puc.idaho.gov. Click on the "ELECTRIC" icon, select "Open Cases," and then click on the case number as shown on the front of this document. YOU ARE FURTHER NOTIFIED that all proceedings in this case will be held pursuant to the Commission's jurisdiction under Title 61 of the Idaho Code. YOU ARE FURTHER NOTIFIED that all proceedings in this matter will be conducted pursuant to the Commission's Rules of Procedure, IDAPA 31.01.01.000 et seq. NOTICE OF APPLICATION NOTICE OF INTERVENTION DEADLINE ORDER NO. 36375 2 NOTICE OF INTERVENTION DEADLINE YOU ARE FURTHER NOTIFIED that persons desiring to intervene in this matter to obtain parties' rights of participation must file a Petition to Intervene with the Commission pursuant to this Commission's Rules of Procedure 72 and 73, IDAPA 31.01.01.072 and -.073. Persons who wish to intervene as a party must file a Petition to Intervene no later than twenty-one(21)days after the date of service of this Order. Such persons shall also provide the Commission Secretary with their email address to facilitate further communications. After the intervention deadline runs,the Commission Secretary shall issue a Notice of Parties that identifies the parties and assigns exhibit numbers to each party. Once the Notice of Parties has issued, Commission Staff shall informally confer with the Company and any intervening parties about how to further process this case and shall then report back to the Commission on a proposed case schedule. YOU ARE FURTHER NOTIFIED that persons who would like to present their views without parties' rights of participation and cross-examination do not have to intervene but may present their views by submitting written comments to the Commission. YOU ARE FURTHER NOTIFIED that the following people are designated as the Company's representatives in this matter: Megan Goicoechea Allen Matthew T. Larkin Lisa Nordstrom Timothy E. Tatum Idaho Power Company Jessi Brady P.O. Box 70 Idaho Power Company Boise, Idaho 83707 P.O. Box 70 mgoicoecheaallengidahopower.com Boise, Idaho 83707 lnordstrom(a�idahopower.com mlarkin(didahopower.com docketskidahopower.com ttatumkidahopower.com jbrad cr,idahopower.com NOTICE OF APPLICATION NOTICE OF INTERVENTION DEADLINE ORDER NO. 36375 3 ORDER IT IS HEREBY ORDERED that persons desiring to intervene in this matter must file a Petition to Intervene no later than twenty-one (21) days from the service date of this Order. Once the deadline has passed, the Commission Secretary shall prepare and issue a Notice of Parties. IT IS FURTHER ORDERED that,after the Notice of Parties has issued,Commission Staff shall confer with the parties regarding a procedural schedule for this matter including,if necessary, a hearing in this matter. IT IS FURTHER ORDERED that parties comply with Order No. 35375, issued April 21, 2022. Generally, all pleadings should be filed with the Commission electronically and will be deemed timely filed when received by the Commission Secretary.See Rule 14.02. Service between parties should continue to be accomplished electronically when possible. However, voluminous discovery-related documents may be filed and served on CD-ROM or a USB flash drive. DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 29th day of October 2024. ERIC ANDERSON, PRESIDENT J R. HAMMOND JR., COMMISSIONER G EDWARD LODGE, Cr? MISSIONER ATTEST: MoiA64arri -S c Commission Secretary IALegahELECTRICUPC-E-24-38_W heelingRevenuesdPCE2438_Ntc_App_Int_md.docx NOTICE OF APPLICATION NOTICE OF INTERVENTION DEADLINE ORDER NO. 36375 4