20251007Decision Memo.pdf

DECISION MEMORANDUM
TO: COMMISSIONER LODGE
COMMISSIONER HAMMOND
COMMISSIONER HARDIE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL
FROM: JEFFREY LOLL
DEPUTY ATTORNEY GENERAL
DATE: OCTOBER 7, 2025
SUBJECT: IN THE MATTER OF ROCKY MOUNTAIN POWER'S APPLICATION
FOR AUTHORITY TO ALLOW PARENT COMPANY TO MAINTAIN A
COMMON EQUITY PERCENTAGE OF LESS THAN 44 PERCENT; CASE
NO. PAC-E-25-18.
On September 24, 2025, Rocky Mountain Power, a division of PacifiCorp ("Company"),
applied to the Idaho Public Utilities Commission ("Commission") requesting authority to allow
the Company's direct parent company, PPW Holdings LLC, to maintain an equity percentage
below the 44 percent minimum threshold set by the Commission in Case No. PAC-E-25-08
("Application").
STAFF RECOMMENDATION
Commission Staff ("Staff') recommends that the Commission issue a Notice of
Application and Notice of Intervention Deadline establishing a 21-day intervention period.
COMMISSION DECISION
Does the Commission wish to issue a Notice of Application and Notice of Intervention
Deadline establishing a 21-day intervention period?
Jeffrey . Loll
Deputy Attorney General
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DECISION MEMORANDUM I