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HomeMy WebLinkAbout20250415Decision Memo.pdf DECISION MEMORANDUM TO: COMMISSIONER LODGE COMMISSIONER HAMMOND COMMISSIONER HARDIE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: ERIKA K. MELANSON DEPUTY ATTORNEY GENERAL DATE: APRIL 15, 2025 SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY'S APPLICATION FOR APPROVAL OF A POWER PURCHASE AGREEMENT AND AN ENERGY STORAGE AGREEMENT WITH CRIMSON ORCHARD SOLAR LLC; CASE NO. IPC-E-25-10. On March 13, 2025, Idaho Power Company ("Company") filed an application with the Idaho Public Utilities Commission ("Commission") for an order: (1) approving a 20-year Power Purchase Agreement ("PPA") between Crimson Orchard Solar LLC ("Crimson") and the Company, supplying the 100 megawatts ("MW") output to the Company; (2) approving a 20-year Energy Storage Agreement ("ESA") between Crimson and the Company for 100 MW of dispatchable energy storage capacity; and (3) acknowledging the lease accounting necessary to facilitate the transaction and that the resulting expenses associated with both the PPA and the ESA are prudently incurred for ratemaking purposes. STAFF RECOMMENDATION Commission Staff("Staff') recommends the Commission issue a Notice of Application and Notice of Modified Procedure, establishing an August 1, 2025,public comment deadline, and an August 22, 2025, reply comment deadline. COMMISSION DECISION Does the Commission wish to issue a Notice of Application and Notice of Modified Procedure, establishing an August 1, 2025, public comment deadline, and an August 22, 2025, reply comment deadline? rika K.Melanson Deputy Attorney General IALegahELECTRICUPC-E-25-10_Crimson4nemosUPCE2510_dec 1_em.docx DECISION MEMORANDUM 1