20250410Decision Memo.pdf

DECISION MEMORANDUM
TO: COMMISSIONER LODGE
COMMISSIONER HAMMOND
COMMISSIONER HARDIE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL
FROM: ADAM TRIPLETT
DEPUTY ATTORNEY GENERAL
DATE: APRIL 10, 2025
SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY'S APPLICATION TO
MODIFY ITS ENERGY RISK MANAGEMENT STANDARDS; CASE NO.
IPC-E-25-02.
On January 31, 2025, Idaho Power Company ("Company") applied for authority to
modify its Energy Risk Management Standards ("ERMS"). The ERMS serve as the standard by
which prospective power supply transactions satisfying customer load are evaluated for potential
future rate treatment. The Company requested that this matter be processed by Modified
Procedure.
On March 12, 2025, the Commission issued a Notice of Application and Notice of
Intervention Deadline, setting a deadline for interested parties to intervene. No parties petitioned
to intervene.
STAFF RECOMMENDATION
Staff recommends the Commission issue a Notice of Modified Procedure, establishing a
public comment deadline of June 12, 2025, and a Company reply deadline of June 26, 2025.
COMMISSION DECISION
Does the Commission wish to issue a Notice of Modified Procedure establishing a public
comment deadline of June 12, 2025, and a Company reply deadline of June 26, 2025?
Adam Triplett
Deputy Attorney General
I Tegal\ELECTRIC\IPC-E-25-02_ERMS\memos\IPCE2502_dec2_at.doc
DECISION MEMORANDUM 1