No preview available
HomeMy WebLinkAbout20250214Final_Order_No_36467.pdf Office of the Secretary Service Date February 14,2025 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF CAPITOL WATER ) CASE NO. CAP-W-24-02 CORPORATION'S APPLICATION TO ) CHANGE ITS SCHEDULE NO. 3 ) PURCHASED POWER COST ADJUSTMENT ) ORDER NO. 36467 RATE ) On October 9, 2024, Capitol Water Corporation ("Company") applied for authority to change its Purchased Power Cost Adjustment("PPCA") rate collected through Schedule No. 3— Other Recurring and Non-recurring Charges ("Schedule No. 3") to recover the 2023 electricity costs that exceeded what it collected in rates that year. On December 30,2024,the Commission issued Order No. 36437 authorizing the Company to update its PPCA rate to 3.33% to allow the Company to recover its 2023 electricity costs that exceeded the amount embedded in the Company's base rates that year. The Commission ordered the Company to file an updated Schedule No. 3 within 15 days of the service date of Order No. 36437. On January 10, 2025, the Company filed an updated Schedule No. 3 reflecting the authorized PPCA rate approved in Order No. 36437. On January 21, 2025, Commission Staff ("Staff') presented a Decision Memorandum recommending the Commission approve Schedule No. 3, as filed in compliance with Order No. 36437, effective January 1, 2025. Having reviewed the Company's filing and Staff s subsequent recommendation, the Commission issues this Order approving Schedule No. 3, as filed. COMMISSION DISCUSSION AND FINDINGS The Commission has jurisdiction over the Company and the issues in this case under Title 61 of the Idaho Code. Specifically, the Commission regulates "public utilities," including "water corporations" that serve the public or some portion thereof for compensation. See Idaho Code §§ 61-125, -129, and-501. After reviewing the Company's filing and Staffs subsequent recommendation, we are satisfied with the Company's updated Schedule No. 3. The Company's filing meets the ORDER NO. 36467 1 Commission's requirements set forth in Order No. 36437. Therefore, the Commission approves the Company's Schedule No. 3, effective January 1, 2025. ORDER IT IS HEREBY ORDERED that the Company's updated Schedule No. 3, is approved effective January 1, 2025. THIS IS A FINAL ORDER. Any person interested in this Order may petition for reconsideration within twenty-one (21) days of the service date of this Order. Within seven (7) days after any person has petitioned for reconsideration, any other person may cross-petition for reconsideration. See Idaho Code § 61-626. DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 14th day of February 2025. G EDWARD LODGE, PR DENT #11N HAMMOND JR., COMMISSIONER Recused DAYN HARDIE, COMMISSIONER ATTEST: iaB S c Commission Secre I ALegal\WATER\CAP-W-24-02_PPCA\orders\CAP W 2402_comp.docx ORDER NO. 36467 2