20241218Decision Memo.pdf

DECISION MEMORANDUM
TO: COMMISSIONER ANDERSON
COMMISSIONER HAMMOND
COMMISSIONER LODGE
COMMISSION SECRETARY
LEGAL
WORKING FILE
FROM: JOSEPH TERRY
DAYN HARDIE, DEPUTY ATTORNEY GENERAL
DATE: DECEMBER 18, 2024
RE: IN THE MATTER OF IDAHO POWER COMPANY'S TARIFF ADVICE
FOR REVISION TO SCHEDULE 54—FIXED COST ADJUSTMENT;
CASE NO. IPC-TAE-24-04.
On June 1, 2023, Idaho Power Company("Company") filed Case No. IPC-E-23-11 with
the Idaho Public Utilities Commission("Commission") requesting authority to increase its rates
and charges for electric service to its customers in the State of Idaho and for associated
regulatory accounting treatment.
On December 28, 2023, the Commission issued Order No. 36042, approving a
comprehensive Stipulation and Settlement("Settlement") signed by all parties to the case. The
Settlement included provisions to increase the residential service charge to $10 per month on
January 1, 2024, and to $15 per month on January 1, 2025. The Commission-approved increase
on January 1, 2025, requires updating the Company's Fixed Cost Adjustment("FCA")baseline
in Schedule 54, and requires recalculating the Fixed Cost per Customer("FCC"), FCC-Dist, the
Fixed Cost per Energy("FCE") and FCE-Dist.
On December 11, 2024, the Company filed a Tariff Advice in compliance with Order No.
36042 to update Schedule 54. The recalculated residential amounts are shown below:
FCC FCC-Dist
Schedule 1 and 3 $679.20 $227.96
Schedule 5 $679.20 $227.96
Schedule 6 $594.72 $244.20
DECISION MEMORANDUM 1 DECEMBER 18, 2024

FCE FCE-Dist
Schedules 1 and 3 6.165 1¢ per kWh 2.06920 per kWh
Schedule 5— Summer On-Peak 16.26980 per kWh 6.99890 per kWh
Schedule 5—Mid-Peak 8.13450 per kWh 3.44900 per kWh
Schedule 5— Summer Off-Peak 4.06750 per kWh 1.74970 per kWh
Schedule 5—Non-Summer On-Peak 7.79900 per kWh 2.20590 per kWh
Schedule 5—Non-Summer Off-Peak 5.19930 per kWh 1.47050 per kWh
Schedule 6 6.42940 per kWh 2.64000 per kWh
RECOMMENDATION
Typically, a tariff advice is not effective on less than 30 days' notice unless the
Commission finds good cause to approve an earlier effective date. In this case, Staff notes good
cause to approve the tariff advice on fewer than 30 days' notice because the Company seeks to
update the tariff based on what the Commission has previously approved in Order No. 36042.
Staff reviewed the Company's proposed Schedule 54 and the recalculations shown above
and determined that the Company followed the established process to recalculate the FCC, FCC-
Dist, FCE, and FCE-Dist. Additionally, Staff believes the tariff advice complies with the
Settlement approved in Order No. 36042. Based on its review of the Company's tariff advice
and the existence of good cause, Staff recommends the Commission approve the Company's
proposed Schedule 54, as filed, with an effective date of January 1, 2025.
COMMISSION DECISION
Does the Commission wish to approve the Company's proposed Schedule 54, as filed,
with an effective date of January 1, 2025?
Jo ph terry
I:\Utility\UDMEMOS\IPCTAE2404 jtdh.docx
DECISION MEMORANDUM 2 DECEMBER 18, 2024