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HomeMy WebLinkAbout20260313Direct Allen.pdf RECEIVED MARCH 13, 2026 IDAHO PUBLIC UTILITIES COMMISSION BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF IDAHO POWER ) COMPANY' S APPLICATION FOR ) CASE NO. IPC-E-26-06 AUTHORITY TO IMPLEMENT FIXED COST ) ADJUSTMENT RATES FOR ) ELECTRIC SERVICE FROM JUNE 1, ) 2026 THROUGH MAY 31, 2027 . ) IDAHO POWER COMPANY DIRECT TESTIMONY OF CONNOR L. ALLEN 1 Q. Please state your name and business address . 2 A. My name is Connor L. Allen. My business 3 address is 1221 West Idaho Street, Boise, Idaho 83702 . 4 Q. By whom are you employed and in what capacity? 5 A. I am employed by Idaho Power Company ("Idaho 6 Power" or "Company") as a Regulatory Analyst in the 7 Regulatory Affairs Department. 8 Q. Please describe your educational and pre-Idaho 9 Power employment background. 10 A. In May 2020, I received a Bachelor of Science 11 degree in Economics from the University of Idaho. In May of 12 2022, I earned a Master of Science degree from the 13 University of Idaho in Applied Economics . In September 14 2022, I accepted a role as a Research and Data Analyst for 15 Camoin Associates and served in this capacity until I left 16 Camoin Associates to join Idaho Power in May 2025 . After 17 joining Idaho Power, I attended the electric utility 18 ratemaking course "Practical Regulatory Training for the 19 Electric Industry, " offered through New Mexico State 20 University' s Center for Public Utilities . 21 Q. Please describe your work experience with 22 Idaho Power. 23 A. In 2025, I was hired as a Regulatory Analyst 24 in the Company' s Regulatory Affairs Department. My primary 25 responsibilities include supporting the Company' s class ALLEN, DI 2 Idaho Power Company 1 cost-of-service activities, developing pricing for special 2 contract customers and other large load pricing analysis, 3 supporting the Company' s annual Fixed Cost Adjustment 4 ("FCA") calculation and serving as the Company witness . 5 Q. What is the purpose of your testimony? 6 A. The purpose of my testimony is to describe the 7 Company' s request to implement its annual FCA rates in 8 conformance with Idaho Public Utilities Commission 9 ("Commission") Order No. 32505 (Case No. IPC-E-11-19) , 10 which approved the FCA as a permanent rate mechanism for 11 the Residential and Small General Service customers; Order 12 No . 35273 (Case No. IPC-E-21-39) , which approved 13 modification of the FCA to institute separate fixed cost 14 tracking for Residential and Small General Service 15 customers added to the Company' s system; and Order No. 16 36042 (Case No. IPC-E-23-11) , which updated various 17 components of the FCA. 18 Q. What is the Company requesting in this case? 19 A. The Company is seeking authority to collect 20 the 2025 FCA deferral balance of $2, 025, 793 through its 21 proposed 2026-2027 FCA rates . If approved, the 2026-2027 22 FCA rates will increase annual billed revenue for the 23 Residential and Small General Service classes by $5, 117, 270 24 - representing a 0 . 65 percent increase - effective June 1, 25 2026 . ALLEN, DI 3 Idaho Power Company 1 Q. How is your testimony organized? 2 A. My testimony will discuss three areas related 3 to the FCA mechanism and Schedule 54, Fixed Cost 4 Adjustment. First, I will discuss the need for the FCA 5 itself. Second, I will provide an overview of the FCA 6 mechanics and describe how each component is determined and 7 how the 2025 FCA deferral amount was calculated. Lastly, I 8 will discuss the calculation of the proposed FCA rates to 9 become effective June 1, 2026, remaining in effect until 10 May 31, 2027 . 11 Q. Are you sponsoring any exhibits? 12 A. Yes . I am offering the following exhibits : Exhibit Description Exhibit No. 1 2025 FCA Monthly Report Exhibit No. 2 2025 FCA Calculation Exhibit No. 3 Monthly Customer Count and Billed Sales Exhibit No. 4 2025 FCA - Jan 2025 to May 2026 Exhibit No. 5 Rate Determination and Cap Exhibit No . 6 2025 FCA Bill Impact Summary 13 I . PURPOSE OF THE FIXED COST ADJUSTMENT MECHANISM 14 Q. Why is the FCA mechanism necessary? 15 A. The existing two-part rate design for 16 Residential and Small General Service customers collects a 17 substantial portion of the classes' fixed costs through the 18 volumetric energy rate. The FCA is a true-up mechanism that ALLEN, DI 4 Idaho Power Company 1 "decouples, " or separates, billed energy sales from revenue 2 in order to remove the financial disincentive that exists 3 when the Company invests in Demand Side Management ("DSM") 4 resources and activities . Under the FCA, rates for 5 Residential Service (Schedules 1, 3, 5, and 6) and Small 6 General Service (Schedules 7 and 8) are adjusted annually 7 to recover or refund the difference between a Commission 8 approved per-customer level of fixed cost recovery and the 9 level of fixed cost recovery that the Company received 10 based upon the actual billed energy sales during the 11 previous calendar year. 12 Q. What level of incremental annual energy 13 efficiency savings was achieved in 2025? 14 A. Idaho Power achieved 153, 099 megawatt-hours 15 ("MWh") of savings system-wide in 2025 . The savings equate 16 to enough energy to power approximately 14, 000 average 17 homes a year in Idaho Power' s service area and exceeded the 18 economic technical achievable potential energy efficiency 19 target set in the Company' s 2023 Integrated Resource Plan 20 for the year 2025 . These energy savings are more 21 particularly described in the 2025 DSM Annual Report filed 22 in Case No. IPC-E-26-05 . 23 Q. Do claimed incremental DSM savings encompass 24 the entirety of energy savings customers experience from 25 Idaho Power' s DSM efforts? ALLEN, DI 5 Idaho Power Company 1 A. No . First, it is important to recognize that 2 savings claimed in any given year continue to recur in 3 subsequent years through the life of the DSM measure . For 4 example, a measure installed in 2022 with a five-year 5 measure life continues to provide energy savings in 2025, 6 though those savings are not included in the 2025 claimed 7 savings reported in the Company' s 2025 DSM Annual Report. 8 Thus, the full impact of the Company' s DSM efforts is 9 better represented by the cumulative impact of historical 10 claimed savings whose measure life extends through 2025 . 11 Second, the Company promotes customer educational 12 outreach, and awareness activities and engaging in 13 marketing efforts, none of which are quantified or claimed 14 as part of Idaho Power' s annual DSM savings but are likely 15 to result in energy savings experienced by the customer and 16 accruing to Idaho Power' s electric system over time . 17 Q. Has the FCA mechanism been effective at 18 removing the financial disincentive that would otherwise be 19 associated with Idaho Power pursuing all cost-effective 20 energy efficiency? 21 A. Yes . The FCA has been and continues to be an 22 effective mechanism that has positioned the Company to 23 continue to support energy efficiency resources while 24 maintaining a reasonable opportunity to recover its fixed ALLEN, DI 6 Idaho Power Company 1 costs of serving Residential and Small General Service 2 customers . 3 II . 2025 FCA DEFERRAL 4 Q. Does determination of the 2025 FCA deferral 5 amount include the modification and updates approved by the 6 Commission in Case No. IPC-E-23-11? 7 A. Yes . As part of determining the 2025 FCA 8 deferral, customers added to Idaho Power' s system starting 9 January 1, 2024, are considered "new" and have separate, 10 reduced fixed cost tracking, while the 2023 FCA customer 11 count constitutes the level of "existing" customers whose 12 fixed costs are tracked with then-existing FCA components . 13 These new and existing FCA components are described in more 14 detail later in my testimony. 15 There were three updates to the FCA as a result of 16 the Commission-approved settlement in Case No. IPC-E-23-11 . 17 First, "new" customers were reset to be those customers 18 added starting January 1, 2024 . Second, Schedule 6 and 19 Schedule 8 have separate determination of use per customer 20 ("UPC") , fixed cost per customer ("FCC") , and fixed cost 21 per energy ("FCE") for these customer classes . Third, the 22 UPC and a time-differentiated FCE applied to residential 23 customers taking service under the optional time-of-use 24 offering under Schedule 5 or Schedule 6 . ALLEN, DI 7 Idaho Power Company 1 Q. How was the existing customer count determined 2 in the calculation of the 2025 FCA deferral? 3 A. Consistent with the method approved by the 4 Commission in Order No . 35273, the existing customer count 5 was set at the 2023 average number of customers . The 6 existing customer count is updated when rates go into 7 effect following the Company' s most recent, applicable 8 general rate case. 9 Q. How was the new customer count determined in 10 the calculation of the 2025 FCA deferral? 11 A. Because the FCA is an annual mechanism based 12 on average customers for the entire year, new customers 13 were determined as the difference between 2023 average 14 customers and 2025 average customers . This method captures 15 customers added starting January 1, 2024, through December 16 31, 2025, to determine the annual average incremental or 17 "new" customer count. 18 Q. Is there a difference in FCA rates to recover 19 the FCA deferral between existing and new customers? 20 A. No. While determination of the 2025 FCA 21 deferral includes separate, reduced fixed cost tracking for 22 new customers, the 2025 FCA deferral is recovered through a 23 single FCA rate applicable to all Residential customers, 24 new and existing, and a single FCA rate applicable to all 25 Small General Service customers . ALLEN, DI 8 Idaho Power Company 1 III . FCA DETERMINATION FOR CALENDAR YEAR 2025 2 Q. Please describe the FCA mechanism components 3 and how they are calculated. 4 A. For both the Residential and Small General 5 Service classes, the FCA mechanism is the same . The general 6 formula used to determine the FCA amount is : 7 FCA = (CUST X FCC) - (ACTUAL X FCE) 8 Where : 9 FCA = Fixed Cost Adjustment; 10 CUST = Average Number of Customers, by class; 11 FCC = Fixed Cost per Customer rate, by class; 12 ACTUAL = Actual Billed kilowatt-hours ("kWh") 13 Energy Sales, by class; and 14 FCE = Fixed Cost per Energy rate, by class . 15 The FCA amount is the difference between the 16 Company' s level of "authorized fixed cost recovery" (CUST X 17 FCC) and the level of "actual fixed cost recovery" (ACTUAL 18 X FCE) . The FCC and FCE are bifurcated for new and existing 19 customers, with new customer components labeled as "FCC- 20 Dist" and "FCE-Dist. " 21 Q. What is the difference in fixed cost tracking 22 between new and existing customers, and what is the basis 23 for those costs? 24 A. For both new and existing customers, the basis 25 for fixed cost tracking is the same, the Company' s most ALLEN, DI 9 Idaho Power Company 1 recent, applicable rate case. For 2025, the most recent, 2 applicable general rate case was Case No. IPC-E-23-11 . 3 Existing customer FCC and FCE represent fixed costs 4 associated with the Company' s generation-, transmission-, 5 and distribution-related system components . Starting with 6 the 2024 deferral, for new customers only, the 7 distribution-related system cost components are tracked by 8 the FCA. Table 1 lists the FCA cost components for new and 9 existing customers . 10 Table 1 11 FCA Components - Existing and New Customers Sch FCC FCE FCC-DIST FCE-DIST Line Tariff Schedule No. $/Cust./Yr.) $/kWh $/Cust./Yr. $/kWh 1 Residential 1 &3 $679.20 $0.061651 $227.96 $0.020692 2 Residential TOU:SONP 5 $0.162698 $0.069989 3 Residential TOU: SMP 5 $0.081345 $0.034990 4 Residential TOU: SOFP 5 $679.20 $0.040675 $227.96 $0.017497 5 Residential TOU: NSONP 5 $0.077990 $0.022059 6 Residential TOU: NSOFP 5 $0.051993 $0.014705 7 Residential On-Site Gen 6 $594.72 $0.064294 $244.20 $0.026400 8 Small General 7 $174.96 $0.038463 $24.02 $0.005282 9 Small General On-Site Gen 8 $221.61 $0.052308 $63.33 $0.014949 Note:SONP=Summer On-Peak;SMP=Summer Mid-Peak;SOFP=Summer Off-Peak; NSONP=Non-Summer On-Peak;NSOFP=Non-Summer Off-Peak 12 Q. Can the FCA deferral balance be either 13 positive or negative? 14 A. Yes . A positive FCA indicates the Company' s 15 authorized level of fixed cost recovery is greater than the 16 level of fixed costs recovered through the energy rate, 17 which occurs when energy UPC has decreased from when the 18 FCA components were established. In a similar fashion, a 19 negative FCA indicates the Company' s authorized fixed cost ALLEN, DI 10 Idaho Power Company 1 recovery amount is less than the fixed costs determined to 2 have been recovered through the energy rate and results in 3 a refund to customers . 4 Q. Did the underlying cost basis for the FCC and 5 FCE rates used to determine the 2025 FCA deferral balance 6 change from prior years? 7 A. No. The underlying cost basis for the FCC and 8 FCE rates used to calculate the 2025 FCA deferral balance 9 was based on the level of fixed costs established by the 10 Commission in the Company' s most recent, applicable general 11 rate case (Case No. IPC-E-23-11) and can be found in the 12 Company' s tariff under Schedule 54, Fixed Cost Adjustment 13 effective through December 31, 2025 . FCC-Dist and FCE-Dist 14 rates are based on the same underling rate case data but 15 only represent distribution system costs established as 16 part of the applicable rate case. 17 Q. How is the authorized level of fixed cost 18 recovery derived? 19 A. The authorized level of fixed cost recovery is 20 the product of the applicable FCC and the average number of 21 customers, by new and existing customer, and by class . The 22 Company uses a prorated customer count based on the number 23 of active utility service agreements at the end of each 24 month. This approach applies the same methodology that was 25 used to determine customer counts in Case No. IPC-E-23-11 . ALLEN, DI 11 Idaho Power Company 1 The annual average customer count is derived by calculating 2 the average of the 12 monthly prorated customer counts . 3 Q. How is the actual level of fixed cost recovery 4 determined? 5 A. In compliance with Order No . 33295, the actual 6 level of fixed cost recovery is the product of the 7 applicable FCE and the actual billed energy sales for the 8 calendar year, measured in kWh. 9 Q. How are billed energy sales allocated between 10 existing and new customers? 11 A. For each customer group, total billed energy 12 sales are divided by average customer count to determine 13 the UPC for the customer group. The count of existing and 14 new customers is multiplied by the respective customer 15 group UPC to allocate the share of total billed energy 16 sales on a pro rata basis between existing and new 17 customers . 18 Q. Does the Company compute a monthly FCA 19 deferral balance? 20 A. Yes . Although the FCA is an annual mechanism 21 that is ultimately calculated and determined using customer 22 counts and billed energy sales data for the entire calendar 23 year, a monthly FCA deferral balance is estimated and 24 recorded in the Company' s accounting records to maintain 25 compliance with Generally Accepted Accounting Principles . ALLEN, DI 12 Idaho Power Company 1 Since 2009, the Company has reported the estimated monthly 2 FCA deferral balance in the monthly FCA Report provided to 3 the Commission. Exhibit No. 1 is a copy of the monthly FCA 4 Report for calendar year 2025 with year-end information. 5 Q. Is it possible for the reported monthly FCA 6 deferral balance estimate to differ from the annual amount? 7 A. Yes . Because the monthly FCA deferral balance 8 is computed using monthly customer counts while the annual 9 FCA deferral balance is computed using the average customer 10 count for the year, the sum of the monthly calculations may 11 differ from the annual calculation. 12 Q. How is the reported monthly estimate adjusted 13 to align with the authorized annual amount? 14 A. At year-end, once the annual FCA amount is 15 determined, an adjustment is made to the sum of the 16 previously recorded 12 monthly estimates to align with the 17 annual FCA deferral balance. Because the annual customer 18 count is the average of the 12 monthly customer counts, it 19 is not available until year-end. 20 Q. What adjustment was made to the 2025 monthly 21 estimates to translate to the Company' s single year-end 22 2025 FCA deferral balance? 23 A. To align with the annual FCA amount to be 24 recorded in the Company' s 2025 financial records, an upward 25 adjustment of $158, 362 was made for the Residential ALLEN, DI 13 Idaho Power Company 1 customer classes, reflected as the sum of lines 6, 11, 16, 2 21, 26, and 31 in Column 0 of Exhibit No. 1 . An upward 3 adjustment of $448 was made for the Small General Service 4 customer classes, reflected as the sum of lines 45 and 55, 5 column 0 of Exhibit No. 1 . The total upward adjustment for 6 both customer classes is $158, 811 . 7 Q. What is the total amount of the FCA, not 8 including interest? 9 A. As shown in Exhibit No . 2, the total amount of 10 the FCA for the Residential and Small General Service 11 customer classes, not including interest, is $2, 020, 380 . 12 The calculation of the FCA uses the average annual customer 13 count and the annual billed sales amount, which are 14 included in Exhibit No. 3 . The calculated FCA deferral 15 balance for the Residential customer classes, not including 16 interest, is $2, 115, 578 . This amount can be found in 17 Exhibit No. 1 when summing lines 6, 11, 16, 21, 26, and 31 18 in column P, and in Exhibit No. 2 when summing lines 7, 14, 19 and 34 in column D. 20 The calculated FCA deferral balance for the Small 21 General Service customer classes, not including interest, 22 is $ (95, 197) . This amount can be found in Exhibit No. 1 23 when summing lines 45, 50, 55, and 60 in column P, and in 24 Exhibit No . 2 on lines 41 and 48 in column D. ALLEN, DI 14 Idaho Power Company 1 Q. What is the total amount of the 2025 FCA, 2 including interest, the Company is requesting to implement 3 in rates on June 1, 2026? 4 A. The total amount of the 2025 FCA the Company 5 is requesting to begin collecting in rates on June 1, 2026, 6 is $2, 025, 793 . 18, reflected on line 72, column X, of 7 Exhibit No. 4 . The FCA for the Residential classes is 8 $2, 125, 276 . 50 as reflected on line 40, column X, of Exhibit 9 No . 4 . The FCA for the Small General Service classes is 10 ($99, 483 . 31) as reflected on line 69, column X, of Exhibit 11 No . 4 . Exhibit No. 4 and Exhibit No. 1 both contain the 12 same information as the FCA Report sent to the Commission 13 each month; however, Exhibit No. 4 calculates interest from 14 January 2025 through May 2026, while Exhibit No. 1 shows 15 the FCA deferral only for the 2025 calendar year. 16 Q. What is the significance of the FCA deferral 17 with respect to the Company' s recovery of its fixed costs? 18 A. Because the FCA deferral is positive, the 19 average UPC based on actual billed sales for the year was 20 lower than the level established in Case No. IPC-E-23-11 . In 21 accordance with the approved mechanism, the Residential and 22 the Small General Service classes will receive a rate 23 adjustment to allow for collecting the under collection of 24 fixed costs that were recovered through actual billed 25 energy charges during the year. ALLEN, DI 15 Idaho Power Company 1 IV. CALCULATION OF THE 2026-2027 FCA RATE 2 Q. Please describe the calculation of the FCA 3 rates the Company is proposing to go into effect on June 1, 4 2026 . 5 A. The FCA rates the Company proposes to go into 6 effect on June 1, 2026, were calculated by taking the FCA 7 deferral balances for each of the customer classes 8 described above and dividing by the respective class energy 9 sales forecast for June 1, 2026, through May 31, 2027 . The 10 June 1 through May 31 forecast is the same period that has 11 been used historically and is also used for the Power Cost 12 Adjustment Mechanism. 13 Q. What has the Company determined the forecast 14 energy sales to be for both the Residential and Small 15 General Service classes? 16 A. The Company' s forecasted energy sales are 17 5, 969, 021, 430 kWh for the Residential classes and 18 142, 790, 445 kWh for the Small General Service classes . The 19 forecasted energy sales are found in Exhibit No. 5 . 20 Q. What are the corresponding FCA rates for the 21 Residential and Small General Service classes based on a 22 combined and equal FCA rate change, as defined in the 23 approved mechanism? 24 A. The FCA rate for the Residential classes would 25 be a charge of 0 . 0330 cents per kWh and the corresponding ALLEN, DI 16 Idaho Power Company I rate for the Small General Service classes would be a 2 charge of 0 . 0402 cents per kWh. The calculation of these 3 rates is also found in Exhibit No. 5 . 4 On page 9 of Order No. 32505, the Commission ordered 5 that the FCA deferral balance continue to be recovered or 6 refunded equally between the Residential and Small General 7 Service customer classes . Although energy use trends 8 differed between the classes during 2025, the Company 9 under-collected its authorized fixed costs on a combined 10 basis relative to the level established in Case No. IPC-E- 11 23-11 . Accordingly, a rate surcharge is required for both 12 customer classes . 13 Q. What is the difference between the FCA 14 deferral balance currently in amortization and the proposed 15 FCA deferral balance to be collected through the FCA rate? 16 A. In this filing, the Company is proposing to 17 collect rates based on an FCA deferral balance of 18 $2, 025, 793 which is $5, 077, 567 greater than the 2024 FCA 19 deferral balance of ($3, 051, 774) . The 2024 deferral balance 20 was approved in Order No. 36617, issued in Case No. IPC-E- 21 25-11, with rates based on that balance effective for the 22 period June 1, 2025, through May 31, 2026 . 23 Q. Considering the current FCA rates in effect, 24 what is the percentage change in billed revenue as measured ALLEN, DI 17 Idaho Power Company 1 from total billed amounts currently recovered from 2 Residential and Small General Service classes? 3 A. Because the 2025 FCA deferral balance is 4 greater than the 2024 FCA deferral balance and annual sales 5 for June 2026 through May 31, 2027, are forecast to be 6 higher than the same period in the prior year, the 2026- 7 2027 FCA rates represent an annual increase of $5, 117, 270 8 or 0 . 65 percent, from current billed revenue for the 9 affected customer classes . The percentage change in billed 10 revenue is found in Exhibit No. 6 . This proposed change 11 results in an approximate $0 . 75 increase to the monthly 12 bill of a typical residential customer using 900 kWh per 13 month. 14 Q. How will the Company incorporate the FCA 15 charge for the Residential and Small General Service 16 classes on customers' bills? 17 A. The Company proposes to continue including the 18 FCA with the Fixed Cost Adjustment line item on Residential 19 and Small General Service customers' bills . 20 V. CONCLUSION 21 Q. Please summarize the Company' s request in this 22 filing. 23 A. Idaho Power requests the Commission authorize 24 the Company to implement Fixed Cost Adjustment rates for 25 electric service from June 1, 2026, through May 31, 2027, ALLEN, DI 18 Idaho Power Company 1 in the amount of 0 . 0330 cents per kWh for the Residential 2 classes, and 0 . 0402 cents per kWh for the Small General 3 Service classes . If approved, the 2026-2027 FCA rates will 4 increase annual billed revenue for the Residential and 5 Small General Service classes by $5, 117, 270 or 0 . 65 6 percent, effective June 1, 2026 . 7 Q. Does this complete your testimony? 8 A. Yes, it does . 9 ALLEN, DI 19 Idaho Power Company 1 DECLARATION OF CONNOR L. ALLEN 2 I, Connor L. Allen, declare under penalty of perjury 3 under the laws of the state of Idaho: 4 1 . My name is Connor L. Allen. I am employed by 5 Idaho Power Company as a Regulatory Analyst in the 6 Regulatory Affairs Department and am competent to be a 7 witness in this proceeding. 8 2 . On behalf of Idaho Power, I present this 9 pre-filed direct testimony and exhibits in this matter. 10 3 . To the best of my knowledge, my pre-filed 11 direct testimony and exhibits are true and accurate . 12 I hereby declare that the above statement is true to 13 the best of my knowledge and belief, and that I understand 14 it is made for use as evidence before the Idaho Public 15 Utilities Commission and is subject to penalty for perjury. 16 SIGNED this 13th day of March 2026, at Boise, Idaho. 17 �r 18 Signed: r 19 Connor L. Allen ALLEN, DI 20 Idaho Power Company BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC-E-26-06 IDAHO POWER COMPANY ALLEN, DI TESTIMONY EXHIBIT NO. 1 A B C D E F G H I J K L M N O P 1 Fixed Cost Adjustment Monthly Report January February March Aril May June July August September October November December Adjustment Current Year Total 2 for the year ended December 31,2025 3 4 Residential Schedules 1 and 3(Existing Customers): _�L Beginning Balance $ 3,154,124.66 468,560.67 1,475,590.83 1,844,414.10 2,660,510.56 832,975.48 (2,005,974.96) (2,041,628.76) (3,996,647.82) (3,911,432.58) (1,769,860.11) 1,890,062.12 6 Amount Deferred $ 3,154,124.66 2,685,563.99 1,007,030.16 368,823.27 816,096.46 1,827,535.08 2,838,950.43 35,653.80 1,955,019.06 85,215.23 2,141,572.47 3,659,922.23 549,699.90 2,439,762.02 7 Ending Balance $ 3,154,124.66 468,560.67 1,475,590.83 1,844,414.10 2,660,510.56 832,975.48 (2,005,974.96) (2,041,628.76) (3,996,647.82) (3,911,432.58) (1,769,860.11) 1,890,062.12 2,439,762.02 2,439,762.02 8 9 Residential Schedules 1 and 3(New Customers): 10 Beginning Balance $ 45,838.29 5,455.61 21,199.56 27,129.33 40,747.95 8,023.94 (44,297.46) (44,989.35) (84,671.00) (82,883.45) (36,239.28) 46,917.35 11 Amount Deferred $ 1 45,838.29 40,382.68 15,743.95 5,929.77 13,618.62 32,724.01 52,321.40 691.89 39,681.65 1,787.55 46,644.17 83,156.63 2,312.23 44,605.12 12 Ending Balance $ 45,838.29 5,455.61 21,199.56 27,129.33 40,747.95 8,023.94 (44,297.46) (44,989.35) (84,671.00) (82,883.45) (36,239.28) 46,917.35 44,605.12 44,605.12 13 14 Residential On-Site Gen Schedule 6(Existing Customers): 15 Beginning Balance $ 107,352.20 (52,365.36) (173,404.12) (224,392.36) (223,746.75) (269,989.15) (242,068.26) (223,875.61) (338,049.30) (375,925.88) (210,564.82) 37,255.35 16 Amount Deferred $ 107,352.20 159,717.56 121,038.76 50,988.25 645.61 46,242.39 27,920.89 18,192.65 114,173.70 37,876.58 165,361.06 247,820.17 2,738.41 34,516.94 17 1 Ending Balance $ 107,352.20 (52,365.36) (173,404.12) (224,392.36) (223,746.75) (269,989.15) (242,068.26) (223,875.61) (338,049.30) (375,925.88) (210,564.82) 37,255.35 34,516.94 34,516.94 18 19 Residential On-Site Gen Schedule 6(New Customers): 20 Beginning Balance $ 15,201.81 (7,572.17) (25,058.99) (32,542.42) (32,447.96) (39,227.46) (35,016.31) (32,315.46) (49,395.49) (55,109.23) (30,261.00) 8,318.60 21 Amount Deferred $ 15,20181 22,773.98 17,486.82 7,483.44 94.46 6,779.51 4,211.16 2,700.85 17,080.04 5,713.73 24,848.23 38,579.60 3,216.73 5,101.87 22 Ending Balance $ 15,201.81 (7,572.17) (25,058.99) (32,542.42) (32,447.96) (39,227.46) (35,016.31) (32,315.46) (49,395.49) (55,109.23) (30,261.00) 8,318.60 5,101.87 5,101.87 23 24 Residential TOU Schedules 5 and 6(Existing Customers): 25 Beginning Balance $ 9,020.70 (1,689.24) 281.38 1,670.30 2,345.86 (6,776.16) (22,190.95) (25,820.04) (33,283.01) (32,559.54) (33,861.74) (23,842.44) 26 1 Amount Deferred $ 9,020.70 10,709.94 1,970.63 1,388.91 675.57 9,122.02 15,414.79 3,629.10 7,462.97 723.47 1,302.20 10,019.30 374,119.47 397,961.91 27 Ending Balance $ 9,020.70 (1,689.24) 281.38 1,670.30 2,345.86 (6,776.16) (22,190.95) (25,820.04) (33,283.01) (32,559.54) (33,861.74) (23,842.44) (397,961.91) (397,961.91) 28 29 Residential TOU Schedules 5 and 6(New Customers): 30 Beginning Balance $ 116.72 (27.28) 3.73 27.57 39.91 (239.25) (707.86) (830.57) (1,108.66) (1,078.95) (1,778.79) (1,495.62) 31 Amount Deferred $ 116.72 144.00 31.01 23.85 12.34 279.16 468.61 122.72 278.09 29.71 699.84 283.17 8,950.66 10,446.28 32 Ending Balance $ 116.72 (27.28) 3.73 27.57 39.91 (239.25) (707.86) (830.57) (1,108.66) (1,078.95) (1,778.79) (1,495.62) (10,446.28) (10,446.28) 33 34 Interest: 35 lAccrualthru Prior Month $ 13,883.00 15,601.31 21,012.63 27,747.78 37,946.30 40,133.01 30,339.49 20,465.95 1,701.30 (16,879.31) 36 Monthly Interest Rate(Annual 5%) 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167 37 Monthly Interest Inc/(Exp) $ 13,883.00 1,718.31 5,411.32 6,735.15 10,198.52 2,186.71 9,793.52 9,873.54 18,764.65 18,580.61 8,678.05 25,557.36 38 Interest Accrued to date $ 13,883.00 15,601.31 21,012.63 27,747.78 37,946.30 40,133.01 30,339.49 20,465.95 1,701.30 (16,879.31) (25,557.36) (25,557.36) 39 40 Total Residential FCA: 3,331,654.39 426,245.24 1,314,213.71 1,637,319.14 2,475,197.35 562,713.71 2,310,122.78 2,339,120.30 4,482,689.33 4,457,288.34 2,099,445.05 1,931,658.00 2,115,577.76 2,090,020.40 41 42 43 Small General Service Schedule 7(Existing Customers): 44 1 Beginning Balance $ 37,522.93 (2,173.39) (7,027.62) (7,392.45) (17,587.83) (39,131.26) (52,955.05) (59,509.77) (94,264.74) (104,387.65) (107,884.56) (96,786.32) 45 Amount Deferred $ 37,522.93 39,696.32 4,854.23 364.83 10,195.38 21,543.43 13,823.79 6,554.72 34,754.97 10,122.91 3,496.90 11,098.24 474.53 96,311.79 46 Ending Balance $ 37,522.93 (2,173.39) (7,027.62) (7,392.45) (17,587.83) (39,131.26) (52,955.05) (59,509.77) (94,264.74) (104,387.65) (107,884.56) (96,786.32) (96,311.79) (96,311.79) 47 48 Small General Service Schedule 7(New Customers): 49 Beginning Balance $ 50 Amount Deferred $ - - - - - - - - - - - - - - 51 Ending Balance $ - - - - - - - - - - - - - - 52 53 Small General On-Site Gen Schedule 8(Existing Customers): 54 lBeginning Balance $ (3,188.83) 852.92 535.38 350.48 135.90 (94.26) (349.15) (321.17) (155.36) (265.41) 358.55 1,140.91 55 Amount Deferred $ 3,188.83 4,041.75 317.54 184.90 214.57 230.16 254.89 27.98 165.80 110.04 623.96 782.36 26.40 1,114.51 56 Ending Balance $ (3,188.83) 852.92 535.38 350.48 135.90 (94.26) (349.15) (321.17) (155.36) (265.41) 358.55 1,140.91 1,114.51 1,114.51 57 58 Small General On-Site Gen Schedule 8(New Customers): 59 Beginning Balance $ 60 Amount Deferred $ - - - - - - - - - - - - - - 61 Ending Balance $ - - - - - - - - - - - - - - 62 63 Interest: 64 Accrual thru Prior Month $ 143.07 137.57 110.52 81.18 8.46 (154.99) (377.11) (626.43) (1,019.88) (1,455.97) 65 Monthly Interest Rate(Annual 5%) 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 041679/6 66 Monthly Interest Inc/(Exp) $ 143.07 5.50 27.05 29.34 72.72 163.45 222.12 249.32 393.45 436.09 448.06 398.55 2,302.58 67 Interest Accrued to date $ 143.07 137.57 110.52 81.18 8.46 154.99 377.11 626.43 1,019.88 1,455.97 1,904.03 398.55 (2,302.58) Exhibit No. 1 Case No. IPC-E-26-06 C. Allen, IPC Page 1 of 2 A B C D E F G H I J K L M N O P 68 69 Total Small General Service FCA: 34,334.10 1,177.40 6,354.67 6,931.46 17,370.75 39,217.06 53,459.19 60,208.05 95,046.54 105,672.94 108,981.98 97,549.44 95,595.83 97,499.86 70 71 72 Total Fixed Cost Adjustment $ 3,365,988.48 425,067.83 1,307,859.04 1,630,387.68 2,457,826.60 523,496.65 2,363,581.96 2,399,328.34 4,577,735.87 4,562,961.28 2,208,427.03 1,834,108.56 2,019,981.92 1,992,520.53 75 76 File is 100%locked down,with the exception of manual inputs. 77 78 Entries: 1,992,520.53 79 599 X00001 999 182302 3,365,988.48 (2,940,920.65) 882,791.21 322,528.64 827,438.92 (1,934,329.95) (2,887,078.61) (35,746.38) (2,178,407.53) 14,774.59 2,354,534.26 4,042,535.59 158,411.98 80 599 X00001 999 440301 (3,331,654.39) 2,919,292.15 (886,250.16) (317,694.11) (831,143.06) 1,922,682.16 2,875,023.19 19,204.00 2,133,695.50 (44,165.64) (2,376,423.90) (4,039,781.10) (158,362.40) (2,115,577.76) 81 599 X00001 999 442301 (34,334.10) 35,654.57 5,171.76 549.74 10,409.95 21,773.59 14,078.68 6,526.74 34,589.17 10,232.96 2,872.94 (11,880.60) (448.13) 95,197.28 82 599 X00001 999 419000 (14,026.07) (1,712.81) (51384.27) (6,705.81) (10,125.80) (2,023.26) 10,015.64 10,122.86 19,158.10 19,016.70 9,126.11 398.55 27,859.94 83 Exhibit No. 1 Case No. IPC-E-26-06 C. Allen, IPC Page 2 of 2 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC-E-26-06 IDAHO POWER COMPANY ALLEN, DI TESTIMONY EXHIBIT NO. 2 FIXED COST ADJUSTMENTI Residential Service-Schedule 1 and 3 (A) (B) (C) (D) ............................................................................... Row Line Description Existing New Total (1) Customer Count 491,494 26,784 518,279 (2) (x)Fixed Cost per Customer(FCC) $ 679.20 $ 227.96 ........ ......... ......... ......... ........ ......... ........ (3) Authorized Recovery $ 333,822,889 $ 6,105,763 $ 339,928,652 ..........................................................................................................................................................................................................................................................................................................................................................................................................:..............................................................................: (4) Billed Sales(kWh) 5,375,146,022 292,922,749 5,668,068,771 (5) (x)Fixed Cost in Energy(FCE) $ 0.061651 $ 0.020692 ...................................................................................................................................................................................................................................................................................................'................................................................... (6) Actual Recovery $ 331383 127 $ 6,061 158 $ 337,444,285 .......................................................................................................................................................................................................................................................................................................................................................................................................... ...........................................................................................................................................................................................................................................................................................................................................................................................................:............................................... (7) Total FCA-Schedule 1 and 3 $ 2,439,762 $ 44,605 $ 2,484,367 ..........................................................................................................................................................................................................................................................................................................................................................................................................;.............................................................................; Residential ............................................... Row Line Description Existing New Total (8) Customer Count 13,288 4,784 18,072 (9) (x)Fixed Cost per Customer(FCC) $ 594.72 $ 244.20 ........ ......... ......... ......... ........ ......... ........ ......... (10) Authorized Recovery $ 7,902,471 $ 1,168,271 $ 9,070,742 ...........................................................................................................................................................................................................................................................................................................................................................................................................:................................................. (11) Billed Sales(kWh) 122,374,622 44,059,442 166,434,064 (12) (x)Fixed Cost in Energy(FCE) $ 0.064294 $ 0.026400 ............................................................................................................................................................................................................................................................................................................................................................................ (13) Actual Recovery $ 7,867,954 $ 1,163,169 $ 9,031,123 _.........................................................................................................................................................................................................................................................................................................................................................................................................o.............................................................................. ............................................................................................................................................................................................................................................................................................................................................................................................................................................................ (14) Total FCA-Schedule 6 $ 34,517 $ 5,102 $ 39,619 .......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Exhibit No. 2 Case No. IPC-E-26-06 C. Allen, IPC Page 1 of 3 FIXED COST ADJUSTMENTI Residential Op (A) (B) (C) (D) ............................................................................... Row Line Description Existing New Total (15) Customer Count 986 71 1,057 (16) (x)Fixed Cost per Customer(FCC) $ 679.20 $ 227.96 ........ ......... ......... ......... ........ ......... ........ ......... (17) Authorized Recovery $ 669,901 $ 16,132 $ 686,032 ............................................................................................................................................................................................................................................................................................................................................................................................................................................................ (18) Summer On-Peak Billed Sales(kWh) 1,154,947 82,866 1,237,813 (19) (x)Fixed Cost in Energy(FCE) $ 0.162698 $ 0.069989 (20) Summer On-Peak Actual Recovery $ 187,908 $ 5,800 $ 193,707 .......................................................................................................................................................................................................................................................................................................................................................................................................... (21) Summer Mid-Peak Billed Sales(kWh) 1,224,017 87,821 1,311,838 (22) (x)Fixed Cost in Energy(FCE) $ 0.081345 $ 0.034990 ,.......... ...Recovery................................................................... ................................. ........... ...................................... . (23) Summer Mid-Peak Actual $ 99,568 $ 3,073...., $ 102,641 .......................................................................................................................................................................................................................................................................................................................................................................................................................................................... (24) Summer Off-Peak Billed Sales(kWh) 4,347,592 311,933 4,659,525 (25) (x)Fixed Cost in Energy(FCE).........................................................................................................$......................0.040675 $ 0.017497 ........ (26) Summer Off-Peak Actual Recovery $ 176,838 $ 5,458 $ 182,296 .........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................: (27) Non-Summer On-Peak Billed Sales(kWh) 2,353,172 168,837 2,522,009 (28) (x)Fixed Cost in Energy(FCE) $ 0.077990 $ 0.022059 (29) Non-Summer On-Peak Actual Recovery $ 183,524 $ 3,724 $ 187,248 ..........................................................................................................................................................................................................................................................................................................................................................................................................;.............................................................................; (30) Non-Summer Off-Peak Billed Sales(kWh) 8,078,493 579,620 8,658,113 (31) (x)Fixed Cost in Energy(FCE) $ 0.051993 $ 0.014705 (32) Non-Summer Off-Peak Actual Recovery $ 420,025 $ 8,523 $ 428,548 .......................................................................................................................................................................................................................................................................................................................................................................................................................................................... .......................................................................................................................................................................................................................................................................................................................................................................................................................................................... (33) Actual Recovery $ 1,067,863 $ 26,578 $ 1,094,441 ............................. .............................................................................................................................................................................................................................................................................................................................................................................:..............................................................................: ...................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (34) Total FCA-Schedule 6 $ (397,962) $ (10,446) $ (408,408) .......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Exhibit No. 2 Case No. IPC-E-26-06 C. Allen, IPC Page 2 of 3 FIXED COST ADJUSTMENTI Small General Service-Schedule 7 (A) (B) (C) (D) ............................................................................... Row Line Description Existing New Total (35) Customer Count 29,817 - 29,817 (36) (x)Fixed Cost per Customer(FCC) $ 174.96 $ 24.02 ........ ......... ......... ......... ........ ......... ........ ......... (37) Authorized Recovery $ 5,216,780 $ - $ 5,216,780 .........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................: (38) Billed Sales(kWh) 138,135,130 - 138,135,130 (39) (x)Fixed Cost in Energy(FCE) $ 0.038463 $ 0.005282 ............................................................................................................................................................................................................................................................................................................................................................................ (40) Actual Recovery $ 5,313,092 $ - $ 5,313,092 .......................................................................................................................................................................................................................................................................................................................................................................................................... ...........................................................................................................................................................................................................................................................................................................................................................................................................:............................................... (41) Total FCA-Schedule 7 $ (96,312) $ - $ (96,312) ...........................................................................................................................................................................................................................................................................................................................................................................................................:.............................................................................. Small General Service 1 iSchedule ............................................... Row Line Description Existing New Total (42) Customer Count 74 - 74 (43) (x)Fixed Cost per Customer(FCC) $ 221.61 $ 63.33 ........ ......... ......... ......... ........ ......... ........ ......... (44) Authorized Recovery $ 16,329 $ - $ 16,329 ............................................................................................................................................................................................................................................................................................................................................................................................................................................................ (45) Billed Sales(kWh) 290,860 - 290,860 (46) (x)Fixed Cost in Energy(FCE) $ 0.052308 $ 0.014949 ............................................................................................................................................................................................................................................................................................................................................................................ (47) Actual Recovery $ 15,214 $ - $ 15,214 ...........................................................................................................................................................................................................................................................................................................................................................................................................o.............................................................................. ............................................................................................................................................................................................................................................................................................................................................................................................................................................................ (48) Total FCA-Schedule 8 $ 1,115 $ - $ 1,115 .......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ............................................................................................................................................................................................................................................................................................................................................................................................................................................................ (49) Total FCA $ 1,981,120 $ 39,261 $ 2,020,380 ..........................................................................................................................................................................................................................................................................................................................................................................................................e............................................... Exhibit No. 2 Case No. IPC-E-26-06 C. Allen, IPC Page 3 of 3 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC-E-26-06 IDAHO POWER COMPANY ALLEN, DI TESTIMONY EXHIBIT NO. 3 FIXED COST ADJUSTMENT1 1 1 BILLED SALES i (A) (E) (C) (D) (E) (F) (G) (H) (1) (J) Customer Billed Customer Billed Customer Billed Customer Billed Customer Billed Row Month Count Sales(kWh) Count Sales(kWh) Count Sales(kWh) Count Sales(kWh) Count Sales(kWh) (1) January 512,776 564,322,838 16,466 15,691,801 1,031 1,811,460 29,765 12,950,323 76 100,855 (2) February 513,514 613,313,540 16,567 16,175,901 1,033 1,994,098 29,691 14,429,728 75 (41,685) (3) March 514,389 501,142,230 16,678 13,792,348 1,041 1,613,402 29,708 11,921,727 74 34,117 (4) April 515,038 411,224,788 16,848 9,648,589 1,046 1,299,952 29,876 10,375,959 76 22,544 (5) May 515,931 363,415,068 16,929 7,651,670 1,050 1,203,880 29,721 9,719,262 74 19,059 (6) June 517,716 412,461,465 17,022 7,859,695 1,052 1,346,214 29,847 10,466,264 73 16,091 (7) July 518,483 515,203,767 17,243 11,461,152 1,055 1,651,455 29,860 11,984,342 73 23,775 (8) August 519,912 549,293,878 17,277 14,719,834 1,064 1,752,272 29,855 12,550,839 73 25,395 (9) September 521,217 506,336,729 17,405 11,641,571 1,072 1,635,849 29,814 12,160,091 73 24,928 (10) October 522,212 377,001,460 17,518 9,481,623 1,077 1,248,318 29,927 10,150,089 73 20,415 (11) November 523,389 381,229,278 17,569 11,737,839 1,079 1,248,318 29,846 9,966,820 73 18,466 (12) December 524,766 473,123,730 17,779 18,247,767 1,085 1,584,080 29,894 11,459,686 73 26,900 ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ (13) Avera a Count/Total Sales 518,279 5,668,068,771 17,108 148,109,790 1,057 18,389,298 29,817 138,135,130 74 290,860 8................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Exhibit No.3 Case No.IPC-E-26-06 C.Allen,IPC Page 1 of 1 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC-E-26-06 IDAHO POWER COMPANY ALLEN, DI TESTIMONY EXHIBIT NO. 4 A B C D E F G H I J K L M N O P O R S T U V W X 1 Fixed Cost Adjustment Monthl Repast JanuaryFebruary March April M June Jul August S ember October November December Ad'ustment Current Year Total JanuaryFebruaryMarch rill M Grand Total 2 for the year ended December 31,2025 3 4 Residential Schedules 1 and 3 Ezistin Customers): 5 n Balance $ 3,154,124.66 468,560.67 1,475,590.83 1,844,414.10 2,660,510.56 832,975.48 2,005,974.96 2,041,628.76 3,996,647.82 3,911,432.58 1,769,860.11 1,890,062.12 2,439,762.02 2,439,762.02 2,439,762.02 2,439,762.02 2,439,762.02 6 Amount Deferred $ 3,154,124.66 2,685,563.99 1,007,030.16 368,823.27 816,096.46 1,827,535.06 2,838,950.43 35,653.80 1,955,019.06 85,215.23 2,141,572.47 3,659,922.23 549,699.90 2,439,762.02 2,439,762.02 7 EndingBalance S 3,164,124.66 468,560.67 1,475,590.83 1,844,414.10 2,660,510.56 832,975.46 2,005,974.96 2,041,628.76 3,996,647.82 3,911,432.58 1,769,860.11 1,890,062.12 2,439,762.02 2,439,762.02 2,439,762.02 2,439,762.02 2,439,762.02 2,439,762.02 2,439,762.02 8 9 Residential Schedules 1 and 3 New Customers: 10 n Balance $ 45,838.29 5,455.61 21,199.56 27,129.33 40,747.95 8,023.94 44,297.46 44,989.35 94,671.00 82,883.45 36,239.28 46,917.35 44,605.12 44,606.12 44,605.12 44,605.12 44,605.12 11 Amount Deferred $ 45,838.29 40,382.68 15,743.95 5,929.77 13,618.62 32,724.01 52,321.40 691.89 39,681.65 1,787.55 46,644.17 83,156.63 2,312.23 44,605.12 44,605.12 12 Ending Balance $ 45,838.29 5,455.61 21,199.56 27,129.33 40,747.95 8,023.94 44,297.46 44,989.35 84,671.00 82,883.45 36,239.28 46,917.35 44,605.12 44,605.12 44,605.12 44,605.12 44,605.12 44,605.12 44,605.12 13 14 Residential On-Site Gan Schedule 6(EAsting Customers), 15 Beginning Balance $ 107,352.20 52,365.36 173,404.12 224,392.36 223,746.75 269,989.15 242,068.26 223,875.61 338,049.30 375,925.88 210,564.82 37,255.35 34,516.94 34,516.94 34,516.94 34,516.94 34,516.94 16 Amount Deferred $ 107,352.20 159,717.56 121,038.76 50,988.25 645.61 46,242.39 27,920.89 18,192.65 114,173.70 37,876.56 165,361.06 247,820.17 2,738.41 34,516.94 34,516.94 17 Ending Balance $ 107,352.20 52,365.36 173,404.12 224,392.36 223,746.75 269,989.15 242,068.26 223,875.61 338,049.30 375,925.88 210,564.82 37,265.35 34,516.94 34,516.94 34,516.94 34,516.94 34,516.94 34,516.94 34,516.94 18 19 Residential On-Site Gan Schedule 6 New Customers): 20 Beginning Balance $ 15,201.81 7,572.17 25,058.99 32,642.42 32,447.96 39,227.46 36,016.31 32,315.46 49,395.49 56,109.23 30,261.00 81318.60 6,101.87 5,101.87 6,101.87 5,101.87 6,101.87 21 Amount Deferred $ 15,201.81 22,773.98 17,486.82 7,483.44 94.46 6,779.51 4,211.16 2,700.85 17,080.04 5,713.73 24,80.23 38,579.60 3,216.73 5,101.87 6,101.87 22 EndingBalance $ 15,201.81 7,572.17 25,058.99 32,642.42 32,447.96 39,227.46 35,016.31 32,315.46 49,395.49 55,109.23 30,261.00 8,318.60 5,101.87 5,101.87 5,101.87 6,101.87 5,101.87 5,101.87 5,101.87 23 24 Residential TOU Schedules 5 and 6(Existing Customers): 25 Bagindng Balance $ 9,020.70 1,689.24 281.38 1,670.30 2,345.86 6,776.16 22,190.95 25,820.04 33,283.01 32,559.54 33,861.74 23,842.44 397,961.91 397,961.91 397,961.91 397,961.91 397,961.91 26 Amount Deferred $ 1 9,020.70 10,709.94 1,970.63 1,388.91 675.57 9,122.02 15,414.79 3,629.10 7,462.97 723.47 1,302.20 10,019.30 374,119.47 397,961.91 397,961.91 27 Ending Balance $ 9,020.70 1,689.24 281.38 1,670.30 2,345.86 6,776.16 22,190.95 25,820.04 33,283.01 32,559.64 33,861.74 23,842.44 397,961.91 397,961.91 397,961.91 397,961.91 397,961.91 397,961.91 397,961.91 28 29 Residential TOU Schedules 5 and 6 New Customers): 30 Beginning Balance $ 116.72 27.26 3.73 27.67 39.91 239.25 707.86 830.57 1,108.66 1,078.95 1,778.79 1,495.62 10,446.28 10,446.28 10,446.28 10,446.28 10,446.26 31 Amount Deferred $ 116.72 144.00 31.01 23.85 12.34 279.16 468.61 122.72 278.09 29.71 699.84 283.17 8,950.66 10,446.28 10,446.28 32 Ending Balance $ 116.72 27.28 3.73 27.57 39.91 239.25 707.86 830.57 1,108.66 1,078.95 1,778.79 1,495.62 10,446.28 10,446.28 10,446.26 10,446.28 10,446.26 10,446.28 10,446.26 33 34 1 Interest: 35 Accrual thm Prior Month $ 13,883.00 15,601.31 1 21,012.63 27,747.76 1 37,946.30 40,133.01 30,339.49 20,465.95 1,701.30 16,879.31 25,557.36 18,606.14 11,464.92 4,403.70 2,647.52 36 Monthly Interest Rate Annual 5% 0.4167% 0.4167% 0.4167% 0.4167-A 0.4167% 0.4167% 0.4167-A 0.4167% 0.4167% 0.4167% 0.4167% 0.41679/6 0.4167% 0.3333%1 0.3333% 0.3333% 0.3333-A 0.3333% 37 Monthly Interest Inc/E $ 1 13,883.00 1,718.31 5,411.32 6,735.15 10,198.52 2,186.71 9,793.52 9,873.54 18,764.65 18,580.61 8,678.05 25,557.36 7,051.22 1 7,051.22 7,051.22 1 7,051.22 7,051.22 9,698.74 38 Interest Accrued to dale $ 13,883.00 16,601.31 21,012.63 27,747.78 37,946.30 40,133.01 30,339.49 20,465.95 1,701.30 16,879.31 25,557.36 25,557.36 18,506.14 11,464.92 4,403.70 2,647.52 9,698.74 39 40 Total Residential FCA: 3,331,654.39 426,245.24 1,314,213.71 1,637,319.14 2,475,197.35 562,713.71 2,310,122.78 2,339,120.30 4,482,689.33 4,457,288.34 2,099,445.05 1,931,658.00 2,115,577.76 2,090,020.40 7,051.22 7,051.22 7,051.22 7,051.22 7,051.22 2,125,276.50 41 42 43 Small General Service Schedule 7(Existing Customers): 44 Beginning Balance $ 37,522.93 2,173.39 7,027.62 7,392.45 17,587.83 39,131.26 52,955.05 59,509.77 94,264.74 104,387.65 107,884.56 96,786.32 96,311.79 96,311.79 96,311.79 96,311.79 96,311.79 45 Amount Deferred $ 37,522.93 39,696.32 4,854.23 364.83 10,195.36 21,643.43 13,823.79 6,554.72 34,754.97 10,122.91 3,496.90 it,098.24 474.53 96,311.79 96,311.79 46 1 Ending Balance $ 37,522.93 2,173.39 7,027.62 7,392.45 17,587.83 39,131.26 52,955.05 59,509.77 94,264.74 104,387.65 107,884.56 96,786.32 96,311.79 96,311.79 96,311.79 96,311.79 96,311.79 96,311.79 96,311.79 47 48 Small General Service Schedule 7 New Customers), 49 ng Balance $ 50 Amount Deferred S 51 Ending Balance S 52 53 Small General OnSNe Gen Schedule 8(Existing Customers): 54 BeginningBalance $ 3,188.83 852.92 636.38 350.48 135.90 94.26 349.15 321.17 155.36 265.41 368.55 1,140.91 1,114.51 1,114.51 1,114.61 1,114.51 1,114.51 55 Amout Deferred $ 3,188.83 4,041.75 317.50 184.90 214.57 230.16 264.89 27.98 165.80 110.04 623.96 782.36 26.40 1,114.51 1,114.51 56 Ending Balance $ 3,188.83 852.92 535.38 350.48 135.90 94.26 349.15 321.17 155.36 265.41 358.55 1,140.91 1,114.51 1,114.51 1,114.51 1,114.51 1,114.51 1,114.51 1,114.51 57 58 ISmall General 0n4Ne Gen Schedule 8 New Customers: 59 BeginningBalance $ 60 Amout Deferred S 61 Ending Balance S 62 63 Interest: 64 Accrual thm Prior Month $ 143.07 137.57 110.52 81.18 8.46 164.99 377.11 626.43 1,019.86 1,455.97 2,302.68 2,699.27 3,095.96 3,492.65 3,889.34 65 Monthly Interest Rate Annual 5% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167%1 0.4167%1 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 66 Monthly Interest Inc/E $ 143.07 5.50 27.05 29.34 72.72 163.45 222.12 249.32 393.45 436.09 448.06 398.55 2,302.58 396.69 396.69 396.69 396.69 396.69 4,286.03 67 Interest Accrued to dale $ 143.07 137.67 110.52 81.18 8.46 154.99 377.11 626.43 1,019.88 1,455.97 1,904.03 398.55 2,302.58 2,699.27 3,095.96 3,492.65 3,889.34 4,286.03 68 69 Total Small General Service FCA: 34,334.10 1,177.40 6,354.67 6,931.46 17,370.75 39,217.06 53,459.19 60,208.05 95,046.54 105,672.94 108,981.98 97,549.44 95,595.83 97,499.86 396.69 396.69 396.69 396.69 396.69 99,483.31 70 71 72 Total Fixed Cost Adjustment $ 3,365,988.48 425,067.83 1,307,859.04 1 1,630,387.68 1 2,457,826.60 523,496.65 2,363,581.96 2,399,328.34 4,577,735.87 4,562,961.28 2,208,427.03 1,834,108.56 2,019,981.92 1,992,520.53 6,654.53 6,654.53 6,654.53 6,654.53 6,654.53 2,025,793.18 75 76 File is 100%locked dawn,whh the exception of manual inputs. 77 78 Entries: 1,992,520.53 6,654.53 6,654.53 6,654.53 6,664.53 6,654.53 79 599 X00001 999 182302 3,365,988.48 2,940,920.65 882,791.21 322,528.64 827,438.92 1,934,329.95 2,887,078.61 35,746.38 2,178,407.53 14,774.59 2,354,534.26 4,042,535.59 158,411.98 80 599 X00001 999 440301 3,331,654.39 2,919,292.15 886,250.16 317,694.11 831,143.06 1,922,682.16 2,875,023.19 19,204.00 2,133,695.50 44,165.64 (2,376,423.90) 4,039,781.10 158,362.40 2,115,577.76 81 599 X00001999442301 34,334.10 35,654.57 5,171.76 549.74 10,409.95 21,773.59 14,078.68 6,526.74 34,589.17 10,232.96 2,872.941 11:880.60 448.13 95,197.28 82 599 X00001 999 419000 14,026.07 1,712.81 5,384.27 6,705.81 10,125.80 2,023.26 10,015.64 10,122.86 19,158.10 19,016.70 9,126.11 1 398.55 1 27,859.94 6,654.53 6,654.53 6,654.53 6,654.53 6,664.53 83 Exhibit No. 4 Case No. IPC-E-26-06 C. Allen, IPC Page 1 of 1 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC-E-26-06 IDAHO POWER COMPANY ALLEN, DI TESTIMONY EXHIBIT NO. 5 FIXED COST ADJUSTMENTDETERMINATION Calculation (A/C) (C x D) (E-A) (E/B) Row Label (A) (B) (C) (D) (E) (F) (G) .............................................................................. Target FCA Normalized Base Percent Diff FCA Over/(Under) FCA Customer Type Collection Energy Revenue from Base Collection Collection Rate Residential Service $ 2,125,276 5,969,021,430 $ 754,331,140 JI $ 1,968,440 $ (156,837) $ 0.000330 Small General Service (99,483) 142,790,445 21,978,615 57,354 156,837 $ 0.000402 .............................................................................. Total $ 2,025,793 6,111,811,874 $ 776,309,754 0.26% $ 2,025,793 $ - Proposed 2025 FCA Deferral Balance $ 2,025,793 Existing FCA Balance per Order No.36617 (3,051,774) ............................................................................................................................................................................................................................................................................................................................................................................................ FCA Annual Increase/(Decrease) $ 5,077,567 ofBase Revenue.............................................................................................................................................................................................................................................................0.65%...? Exhibit No. 5 Case No. IPC-E-26-06 C.Allen, IPC Page 1 of 1 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC-E-26-06 IDAHO POWER COMPANY ALLEN, DI TESTIMONY EXHIBIT NO. 6 Idaho Power Company Calculation of Revenue Impact State of Idaho Fixed Cost Adjustment Filed March 13,2026 Summary of Revenue Impact Current Billed Revenue to Proposed Billed Revenue Total Percent Rate Average Normalized Current Adjustments Proposed Change Line Sch. Number of Energy Billed Mills to Billed Total Billed Mills Billed to Billed No Tariff Description No. Customers ' (kWh)c' Revenue Per kWh Revenue Revenue Per kWh Revenue(2) Uniform Tariff Rates: 1 Residential Service 1 536,116 5,769,505,395 $738,403,238 127.98 $4,805,998 $743,209,236 128.82 0.65% 2 Master Metered Mobile Home Park 3 18 4,630,264 $564,168 121.84 $3,857 $568,025 122.68 0.68% 3 Residential Service Time-of-Day 5 1,015 18,319,326 $2,247,986 122.71 $15,260 $2,263,246 123.54 0.68% 4 Residential Service On-Site Generation 6 21,008 176,566,444 $23,191,633 131.35 $147,080 $23,338,713 132.18 0.63% 558,157 5,969,021,430 $764,407,025 128.06 $4,972,195 $769,379,219 128.90 0.65% 5 Small General Service 7 30,588 142,405,188 $22,142,402 155.49 $144,684 $22,287,086 156.50 0.65% 6 Small General Service On-Site Generation 8 87 385,257 $61,107 158.61 $391 $61,498 159.63 0.64% 30,675 142,790,445 $22,203,509 155.50 $145,075 $22,348,584 156.51 0.65% 7 Total Residential and Small General Service 588,832 6,111,811,874 $786,610,533 128.70 $5,117,270 $791,727,803 129.54 0.65% (1) Test Year Revenue Forecast Jun 2026-May 2027 (2)Percentage impact does not include components which are applied as percentages and Franchise Fees. Exhibit No.6 Case No.IPC-E-26-06 C.Allen, IPC Page 1 of 1