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Home My WebLink About20241227Final Approved Tariffs.pdf Mq% -aIDAHO POWER. RECEIVED 2024 December 11 IDAHO PUBLIC CONNIE ASCHENBRENNER UTILITIES COMMISSION Rate Design Senior Manager caschenbrenner(&idahopower.com December 11, 2024 VIA ELECTRONIC FILING Commission Secretary Idaho Public Utilities Commission 11331 W. Chinden Blvd., Bldg 8, Suite 201-A (83714) PO Box 83720 Boise, Idaho 83720-0074 Re: Tariff Advice No. IPC-TAE-24-04 Compliance with IPC-E-23-11, Revisions to Schedule 54, Fixed Cost Adjustment Dear Commission Secretary: Idaho Power Company's ("Idaho Power" or"Company") hereby submits an update to Schedule 54, Fixed Cost Adjustment ("Schedule 54"), necessitated in compliance with Order No. 36042, issued in Case No. IPC-E-23-11. The following tariff sheets identify the proposed modifications: First Revised Sheet No. 54-1 Cancelling Original Sheet No. 54-1 Second Revised Sheet No. 54-2 Cancelling First Revised Sheet No. 54-2 In Order No. 36042, the Idaho Public Utilities Commission ("Commission") approved a Settlement Stipulation authorizing a Residential Service Charge of $10.00, effective January 1, 2024, and a Residential Service Charge of $15.00, effective January 1, 2025. In compliance with that order, Idaho Power filed an updated Schedule 54 for Commission approval on January 10, 2024, which included a Fixed Cost per Customer ("FCC") and Fixed Cost in Energy ("FCE") based on a $10.00 Service Charge. The Commission approved Schedule 54 in Order No. 36067, issued on January 23, 2024. To ensure the 2025 FCA deferral is properly calculated, Idaho Power is requesting to update the FCC and FCE contained within Schedule 54 to reflect the change in Service Charge collection that will occur when the Residential Service Charge is increased from $10.00 to $15.00, effective January 1, 2025. Absent an update, both the FCC and FCE would be overstated. 1221 W. Idaho St(83702) P.O. Box 70 Boise, ID 83707 Commission Secretary Idaho Public Utilities Commission December 11, 2024 Page 2 Additionally, in preparation of this filing, the Company identified an update that had been overlooked as part of its initial compliance filing in IPC-E-23-11. On page 54-1, the tariff schedule references when customers are considered "new customers" versus "existing customers." The reference was not updated to 2024 and instead still reflects 2022, which was an administrative oversight. Idaho Power respectfully requests the proposed updates be accepted, with an effective date of January 1, 2025. If you have any questions regarding this filing, please contact Regulatory Analyst Grant Anderson at (208) 388-6498 or ganderson(a)idahopower.com. Very truly yours, Connie Aschenbrenner Rate Design Senior Manager CGA:sg Enclosures 1221 W. Idaho St(83702) P.O. Box 70 Boise, ID 83707 Idaho Power Company First Revised Sheet No. 54-1 IDAHO PUBLIC UTILITIES COMMISSION Cancels Approved Effective I.P.U.C. No. 30, Tariff No. 101 Original Sheet No. 54-1 Dec. 27, 2024 Jan. 1, 2025 Monica Barrios-Sanchez Secretary SCHEDULE 54 FIXED COST ADJUSTMENT APPLICABILITY This schedule is applicable to the electric energy delivered to all Idaho retail Customers receiving service under Schedules 1, 3, 5, or 6 (Residential Service) or under Schedules 7 and 8 (Small General Service). Customers added to Idaho Power's system starting January 1, 2024, will be considered new customers, all other customers are considered existing customers. FIXED COST PER CUSTOMER RATE The Fixed Cost per Customer rate (FCC) is determined by dividing the Company's fixed cost components for Residential and Small General Service Customers by the average number of Residential and Small General Service customers, respectively. The Fixed Cost per Customer Distribution rate (FCC-Dist) is determined by dividing the Company's distribution and customer fixed cost components for Residential and Small General Service Customers by the average number of Residential and Small General Service Customers, respectively. Residential FCC FCC-Dist Schedules 1 and 3 $679.20 $227.96 Schedule 5 $679.20 $227.96 Schedule 6 $594.72 $244.20 Small General Service FCC FCC-Dist Schedule 7 $174.96 $24.02 Schedule 8 $221.61 $63.33 FIXED COST PER ENERGY RATE The Fixed Cost per Energy rate (FCE) is determined by dividing the Company's fixed cost components for Residential and Small General Service customers by the weather-normalized energy load for Residential and Small General Service customers, respectively. The Fixed Cost per Energy Distribution rate (FCE-Dist) is determined by dividing the Company's distribution and customer fixed cost components for Residential and Small General Service customers by the weather-normalized energy load for Residential and Small General Service customers, respectively. IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs Effective—January 1, 2025 1221 West Idaho Street, Boise, Idaho Advice No. 24-04 Idaho Power Company Second Revised Sheet No. 54-2 IDAHO PUBLIC UTILITIES COMMISSION Cancels Approved Effective I.P.U.C. No. 30, Tariff No. 101 First Revised Sheet No. 54-2 Dec. 27, 2024 Jan. 1, 2025 Monica Barrios-Sanchez Secretary SCHEDULE 54 FIXED COST ADJUSTMENT (Continued) FIXED COST PER ENERGY RATE (Continued) Residential FCE FCE-Dist Schedules 1 and 3 6.16510 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 3.49900 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 Small General Service FCE FCE-Dist Schedule 7 3.84630 per kWh 0.52820 per kWh Schedule 8 5.23080 per kWh 1.49490 per kWh ALLOWED FIXED COST RECOVERY AMOUNT The Allowed Fixed Cost Recovery amount is computed by summing 1)the product of the average number of existing Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCC rate and 2) the product of the average number of new Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCC-Dist rate. ACTUAL FIXED COSTS RECOVERED AMOUNT The Actual Fixed Costs Recovered amount is computed by summing 1) the product of the actual energy load for existing Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCE rate and 2) the product of the actual energy load for new Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCE-Dist rate. FIXED COST ADJUSTMENT The Fixed Cost Adjustment (FCA) is the difference between the Allowed Fixed Cost Recovery Amount and the Actual Fixed Costs Recovered Amount divided by the estimated weather-normalized energy load for the following year for Residential and Small General Service Customers. The monthly Fixed Cost Adjustment for Residential Service (Schedules 1, 3, 5, and 6) is 0.6182 cents per kWh. The monthly Fixed Cost Adjustment for Small General Service (Schedules 7 and 8) is 0.7638 cents per kWh. EXPIRATION The Fixed Cost Adjustment included on this schedule will expire May 31, 2025. IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs Effective—January 1, 2025 1221 West Idaho Street, Boise, Idaho Advice No. 24-04 Idaho Power Company 9rigiRal First Revised Sheet No. 54-1 Cancels I.P.U.C. No. 30, Tariff No. 101 Fifth Reyose'[Original Sheet No. 54-1 SCHEDULE 54 FIXED COST ADJUSTMENT APPLICABILITY This schedule is applicable to the electric energy delivered to all Idaho retail Customers receiving service under Schedules 1, 3, 5, or 6 (Residential Service) or under Schedules 7 and 8 (Small General Service). Customers added to Idaho Power's system starting January 1, 20224 will be considered new customers, all other customers are considered existing customers. FIXED COST PER CUSTOMER RATE The Fixed Cost per Customer rate (FCC) is determined by dividing the Company's fixed cost components for Residential and Small General Service Customers by the average number of Residential and Small General Service customers, respectively. The Fixed Cost per Customer Distribution rate (FCC-Dist) is determined by dividing the Company's distribution and customer fixed cost components for Residential and Small General Service Customers by the average number of Residential and Small General Service Customers, respectively. Residential FCC FCC-Dist Schedules 1 and 3 $739.29679.20 $287.96227.96 Schedule 5 $739.29679.20 $287.96227.96 Schedule 6 $654.72594.72 $304.20244.20 Small General Service FCC FCC-Dist Schedule 7 $174.96 $24.02 Schedule 8 $221.61 $63.33 FIXED COST PER ENERGY RATE The Fixed Cost per Energy rate (FCE) is determined by dividing the Company's fixed cost components for Residential and Small General Service customers by the weather-normalized energy load for Residential and Small General Service customers, respectively. The Fixed Cost per Energy Distribution rate (FCE-Dist) is determined by dividing the Company's distribution and customer fixed cost components for Residential and Small General Service customers by the weather-normalized energy load for Residential and Small General Service customers, respectively. IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 36042 36042 Timothy E. Tatum, Vice President, Regulatory Affairs Effective—January 1, 20254 1221 West Idaho Street, Boise, Idaho Advice No. 24-04 Idaho Power Company Forst Second Revised Sheet No. 54-2 Cancels I.P.U.C. No. 30, Tariff No. 101 94g+Ra-First Revised Sheet No. 54-2 SCHEDULE 54 FIXED COST ADJUSTMENT (Continued) FIXED COST PER ENERGY RATE (Continued) Residential FCE FCE-Dist Schedules 1 and 3 6.70986.1651¢ per kWh ` .61382.06920 per kWh Schedule 5— Summer On-Peak 17.587816.26980 per kWh 8.31696.99890 per kWh Schedule 5— Mid-Peak 8.79418.13450 per kWh 4.15863.49900 per kWh Schedule 5— Summer Off-Peak 4.39704.06750 per kWh ` .07921.74970 per kWh Schedule 5— Non-Summer On-Peak 8.51997.79900 per kWh 2.926662.20590 per kWh Schedule 5— Non-Summer Off-Peak 5-67985.19930 per kWh 4.9511-1.47050 per kWh Schedule 6 7.07806.42940 per kWh 3.28862.64000 per kWh Small General Service FCE FCE-Dist Schedule 7 3.84630 per kWh 0.52820 per kWh Schedule 8 5.23080 per kWh 1.49490 per kWh ALLOWED FIXED COST RECOVERY AMOUNT The Allowed Fixed Cost Recovery amount is computed by summing 1)the product of the average number of existing Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCC rate and 2) the product of the average number of new Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCC-Dist rate. ACTUAL FIXED COSTS RECOVERED AMOUNT The Actual Fixed Costs Recovered amount is computed by summing 1) the product of the actual energy load for existing Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCE rate and 2) the product of the actual energy load for new Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCE-Dist rate. FIXED COST ADJUSTMENT The Fixed Cost Adjustment (FCA) is the difference between the Allowed Fixed Cost Recovery Amount and the Actual Fixed Costs Recovered Amount divided by the estimated weather-normalized energy load for the following year for Residential and Small General Service Customers. IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs Effective—iURe 1, 2024January 1, 2025 1221 West Idaho Street, Boise, Idaho Advice No. 24-04 Idaho Power Company Forst Second Revised Sheet No. 54-2 Cancels I.P.U.C. No. 30, Tariff No. 101 94g+►.al-First Revised Sheet No. 54-2 The monthly Fixed Cost Adjustment for Residential Service (Schedules 1, 3, 5, and 6) is 0.6182 cents per kWh. The monthly Fixed Cost Adjustment for Small General Service (Schedules 7 and 8) is 0.7638 cents per kWh. EXPIRATION The Fixed Cost Adjustment included on this schedule will expire May 31, 2025. IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 36042 Timothy E. Tatum, Vice President, Regulatory Affairs Effective—iURe 1, 20 24January 1, 2025 1221 West Idaho Street, Boise, Idaho Advice No. 24-04