No preview available
HomeMy WebLinkAbout20250325Decision Memo.pdf DECISION MEMORANDUM TO: COMMISSIONER LODGE COMMISSIONER HAMMOND COMMISSIONER HARDIE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: CHRIS BURDIN DEPUTY ATTORNEY GENERAL DATE: MARCH 25, 2025 SUBJECT: IN THE MATTER OF THE APPLICATION OF IDAHO POWER COMPANY FOR AUTHORITY TO INCREASE ITS RATES FOR ELECTRIC SERVICE TO RECOVER COSTS ASSOCIATED WITH THE HELLS CANYON COMPLEX RELICENSING PROJECT; CASE NO. IPC- E-25-13. On March 14, 2025, Idaho Power Company ("Company") filed an application ("Application") with the Idaho Public Utilities Commission ("Commission") requesting an order authorizing an adjustment to customer rates of$29,708,787, effective June 1, 2025, to recover incremental Allowance for Funds Used During Construction("AFUDC")costs associated with the Hells Canyon Complex ("HCC") relicensing project, contingent upon the outcome of the Power Cost Adjustment ("PCA")update to be filed April 15, 2025. Application at 1-2. STAFF RECOMMENDATION Commission Staff ("Staff') recommends that the Commission issue a Notice of Application;Notice of Intervention Deadline establishing a 21-day intervention period; and Notice of Modified Procedure establishing a May 9, 2025, initial comment deadline, and a May 16, 2025, reply comment deadline. COMMISSION DECISION Does the Commission wish to issue a Notice of Application; Notice of Intervention Deadline establishing a 21-day intervention period; and Notice of Modified Procedure establishing a May 9, 2025, initial comment deadline, and a May 16, 2025, reply comment deadline? Chris Burdin Deputy Attorney General IALegahELECTRICUPC-E-25-13_He11sCanyon\rnemos\1PCE2513_dec 1_cb.docx DECISION MEMORANDUM I