20241211Decision Memo.pdf

DECISION MEMORANDUM
TO: COMMISSIONER ANDERSON
COMMISSIONER HAMMOND
COMMISSIONER LODGE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL
FROM: MICHAEL ELDRED, COMMISSION STAFF
ADAM TRIPLETT,DEPUTY ATTORNEY GENERAL
DATE: DECEMBER 11, 2024
SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY'S APPLICATION
FOR APPROVAL OF AMENDMENTS TO THE ENERGY SERVICES
AGREEMENTS WITH MICRON AND BRISBIE AND REQUEST FOR
UPDATED PRICING ELEMENTS BASED ON 2023 IRP; CASE NO. IPC-
E-24-23.
BACKGROUND
On May 30, 2024, Idaho Power Company("Company"), applied for approval of(1)the
Second Amendment to its Special Contract with Brisbie, LLC (`Brisbie"); (2)the Third
Amendment to its Special Contract with Micron Technology, Inc. ("Micron"); (3)updates to
pricing elements in all Clean Energy Your Way("CEYW") Renewable Construction
Agreements including the Brisbie and Micron Special Contracts and the City of Boise City's
CEYW Renewable Construction Agreement that are based on the Company's 2023 Integrated
Resource Plan("IRP"); (4) associated modifications to Schedule 33—Brisbie, Schedule 26—
Micron, and Schedule 62CEYW Program ("Schedule 62"); and (5) a proposed method for
updating prices contained in CEYW-Construction Program contracts that rely on IRP data.
On July 10, 2024, the Commission issued a Notice of Modified Procedure, setting public
comment and Company reply deadlines. Order No. 36255. The Commission Staff("Staff') filed
the only comments.
On November 8, 2024, the Commission issued Order No. 36383 approving the
amendments and updates to the contracts identified above using a 50th percentile forecast,
instead of the Company's proposed 70th percentile forecast. The Order also approved the
DECISION MEMORANDUM - 1 - DECEMBER 11, 2024

associated modifications to the relevant tariff schedules and the Company's proposed method for
updating. In addition, the Company was ordered to submit, as a compliance filing, updated
Tariff Schedules 26, 33, and 62 that contain(1) the date and number of the order; and(2) include
all changes to the tariffs resulting from Commission orders,including those issued in Case Nos.
IPC-E-24-01 and IPC-E-24-18.
STAFF ANALYSIS
On November 26, 2024, the Company submitted a compliance filing with updates to
Schedule 26 (Idaho Power Company Electric Service Rate for Micron Technology, Inc.),
Schedule 33 (Idaho Power Company Electric Service Rate for Brisbie, LLC.), and Schedule 62.
This compliance filing was submitted to comply with Commission Order No. 36383. Staff
reviewed the updates included in Schedule 26, 33, and 62 and confirmed the updates are
consistent with the Commission's order. Staff believes the submitted compliance filing satisfies
the Commission's order.
RECOMMENDATION
Staff recommends the Commission approve the updated Tariff Schedules 26, 33, and 62
submitted on November 26, 2024, as filed.
COMMISSION DECISION
Does the Commission wish to approve the updated Tariff Schedules 26, 33, and 62
submitted on November 26, 2024, as filed?
t
W41
Michael Eldred
Commission Staff
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DECISION MEMORANDUM - 2 - DECEMBER 11, 2024