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HomeMy WebLinkAbout20250714Decision Memo.pdf DECISION MEMORANDUM TO: COMMISSIONER LODGE COMMISSIONER HAMMOND COMMISSIONER HARDIE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: YAO YIN, COMMISSION STAFF ERIKA K. MELANSON,DEPUTY ATTORNEY GENERAL DATE: DULY 15, 2025 RE: IN THE MATTER OF IDAHO POWER COMPANY'S 2024 VARIABLE ENERGY RESOURCE STUDY AND PROPOSED UPDATE TO SCHEDULE 87; CASE NO. IPC-E-25-07. BACKGROUND On July 1, 2025,the Idaho Public Utilities Commission("Commission") issued Order No. 36661, which required Idaho Power Company ("Company") to submit an updated Schedule 87 through a compliance filing, reflecting Staff s proposed changes in Attachment No. 1 of Staff s Comments. Although the order did not specify an effective date for the updated Schedule 87,both the Company and Staff recommended an effective date of June 1, 2025. On July 1, 2025, the Company filed a compliance filing to comply with Order No. 36661. However, the compliance filing did not include levelized rates for contracts with terms of one through 19 years as approved by Order No. 36661. On July 3, 2025, the Company filed a supplemental compliance filing to correct the mistake. STAFF REVIEW Staff reviewed the Company's supplemental compliance filing and confirmed it has reflected the correct integration charges approved by Order No. 36661. Staff also believes that it is acceptable to use the June 1, 2025, effective date, as stated on the updated Schedule 87,because according to the supplemental compliance filing no contract has been executed since June 1,2025. DECISION MEMORANDUM - I - JULY 15, 2025 Therefore, Staff recommends that the Commission approve the supplemental compliance filing with an effective date of June 1, 2025. STAFF RECOMMENDATION Staff recommends that the Commission approve the Company's supplemental compliance filing filed on July 3, 2025, with an effective date of June 1, 2025. COMMISSION DECISION Does the Commission wish to approve the Company's supplemental compliance filing filed on July 3, 2025, effective June 1, 2025? TYO in Utilities Analyst II I:AUti1ity\UDMEM0S\IPC-E-25-07 Decision Memo.docx DECISION MEMORANDUM - 2 - JULY 15, 2025