20260205Notice_of_Application_Order_No_36919.pdf

Office of the Secretary
Service Date
February 5,2026
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF COMMISSION ) CASE NO. IPC-E-26-02
STAFF'S APPLICATION TO UPDATE )
IDAHO POWER COMPANY'S COST OF ) NOTICE OF APPLICATION
CAPITAL INPUTS IN THE SURROGATE )
AVOIDED RESOURCE METHODOLOGY ) NOTICE OF MODIFIED
PROCEDURE
ORDER NO. 36919
On January 12, 2026, Commission Staff ("Staff') applied to the Idaho Public Utilities
Commission ("Commission") requesting an order updating inputs to the Surrogate Avoided
Resource ("SAR") Methodology model and approving Staff s proposed SAR-based avoided cost
rates for Idaho Power Company ("Company"). Under the Public Utility Regulatory Policies Act
of 1978, the Commission calculates published avoided cost rates for eligible qualifying facilities
("QFs")using the SAR Methodology for all three major public electric utilities in Idaho.
With this Order we issue notice of Staffs Application and set public comment and Staff
reply comment deadlines.
NOTICE OF APPLICATION
YOU ARE HEREBY NOTIFIED that Order No. 36892 in the Company's most recent
general rate case, Case No. IPC-E-25-16, did not specify the cost of debt or capital structure.
Application at 1. Therefore, Staff proposes using the Company's currently authorized capital
structure in the SAR Model and imputing the cost of debt based on capital structure to update the
Company's cost of capital inputs in the SAR Methodology.Id. at 2.
YOU ARE FURTHER NOTIFIED that Staff included an updated SAR model, updated
Avoided Cost Rates for New Contracts, and Avoided Cost Rates for Renewal Contracts as
attachments to its Application. Id. at 2.
YOU ARE FURTHER NOTIFIED that the Application and its attachments are available
for public inspection during regular business hours at the Commission's office. The Application
and its attachments are also available on the Commission's website at www.pue.idaho.gov. Click
on the "ELECTRIC" icon, select "Open Cases," and click on the case number as shown on the
front of this document.
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 36919 1

YOU ARE FURTHER NOTIFIED that all proceedings in this case will be held pursuant
to the Commission's jurisdiction under Title 61 of the Idaho Code, and that all proceedings in this
matter will be conducted pursuant to the Commission's Rules of Procedure, IDAPA 31.01.01.000
et seq.
NOTICE OF MODIFIED PROCEDURE
YOU ARE FURTHER NOTIFIED that the Commission has determined that the public
interest may not require a formal hearing in this matter, and that it will proceed under Modified
Procedure pursuant to the Commission's Rules of Procedure 201-204, IDAPA 31.01.01.201—.204.
The Commission notes that Modified Procedure and written comments have proven to be an
effective means for obtaining public input and participation.
YOU ARE FURTHER NOTIFIED that persons desiring to state a position on this
Application may file a written comment explaining why the person supports or opposes the
Application. Persons who would like a hearing must specifically request a hearing in their written
comments and explain why written comments alone are insufficient. Persons interested in filing
written comments, must do so within twenty-one (21) days of the service date of this Order.
Comments must be filed through the Commission's website or by e-mail unless computer access
is unavailable. To comment electronically, please access the Commission's website at
http://www.puc.idaho.gov/. Click the "Case Comment Form" and complete the form using the
case number as it appears on the front of this document.
To file by e-mail, persons must e-mail the comments to the Commission Secretary and all
parties at the e-mail addresses listed below. Persons submitting a comment by e-mail must provide
their name, address, and the Case Number under which they are commenting. Persons submitting
a comment by e-mail also acknowledge that submitting a comment in an open case constitutes a
public record under Idaho Code § 74-101(13), and all information provided by such person is
available for public and media inspection.
If computer access is unavailable, then comments may be mailed to the Commission and
the Parties at the addresses below.Persons submitting a comment by mail must provide their name,
address, and the Case Number under which they are commenting. Persons submitting a comment
by mail also acknowledge that submitting a comment in an open case constitutes a public record
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 36919 2

under Idaho Code§74-101(13),and all information provided by such person is available for public
and media inspection.
For the Idaho Public Utilities For Company:
Commission:
Commission Secretary Donovan Walker
Idaho Public Utilities Commission Camille Christen
P.O. Box 83720 Idaho Power Company
Boise, ID 83702-0074 1121 W. Idaho Street 83702
secretarykpuc.idaho.-og_v P.O. Box 70
Boise, ID 83707-0070
Dwalker&idahopower.com
cchristen(d),idahopower.com
dockets&idahopower.com
energycontracts(d),idahopower.com
YOU ARE FURTHER NOTIFIED that the Company must file any reply comments
twenty-eight(28) days of the service date of this Order.
YOU ARE FURTHER NOTIFIED that if no written comments or protests are received
within the time limit set, the Commission will consider this matter on its merits and enter its final
order without a formal hearing. If written comments are received within the time limit set, the
Commission will consider them and, in its discretion, may set the same for formal hearing.
ORDER
IT IS HEREBY ORDERED that this Application be processed under Modified Procedure.
Persons interested in submitting written comments must do so within twenty-one (21) days of the
service date of this Order. The Company must file any reply comments within twenty-eight (28)
days of the service date of this Order.
IT IS FURTHER ORDERED that parties comply with Order No. 35375, issued April 21,
2022. Generally, all pleadings should be filed with the Commission electronically and will be
deemed timely filed when received by the Commission Secretary.See Rule 14.02. Service between
parties should continue to be accomplished electronically when possible. However, voluminous
discovery-related documents may be filed and served on CD-ROM or a USB flash drive.
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 36919 3

DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 51h day of
January 2026.
G
EDWARD LODGE, P SIDENT
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R. HAMMOND JR., COMMISSIONER
DAYN HA IE, COMMISSIONER
ATTEST:
c o nchez
Commission Secretary
I:\LegahELECTRIC\IPC-E-26-02_SAR\orders\IPCE2602_ntc_app_modj I.docx
NOTICE OF APPLICATION
NOTICE OF MODIFIED PROCEDURE
ORDER NO. 36919 4