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HomeMy WebLinkAbout20260415Annual Report.pdf M4% -0IQAHO POWER. Donovan E. Walker Lead Counsel dwalker(a)idahopowerxom RECEIVED APRIL 15, 2026 April 15, 2026 IDAHO PUBLIC UTILITIES COMMISSION ELECTRONICALLY FILED Commission Secretary Idaho Public Utilities Commission 11331 West Chinden Blvd., Building 8 Suite 201-A Boise, ID 83714 Re: Case No. I PC-E-21-40 2025 Clean Energy Your Way Program Annual Report Dear Commission Secretary: In Order No. 35893 issued in Case No. IPC-E-21-40, the Idaho Public Utilities Commission directed Idaho Power Company ("Company") to file an annual Clean Energy Your Way Program Prudency Report. The enclosed report provides the information requested in Order No. 35893 and the Company's evaluation of the Clean Energy Your Way program for 2025. If you have any questions regarding this report, please contact Regulatory Analyst Mary Alice Taylor at mtaylor(c-)idahopower.com or (208) 388-5645. Sincerely, L.", few Donovan E. Walker DEW:sg Enclosure Page 1 2025 CLEAN ENERGY YOUR WAY PROGRAM ANNUAL REPORT I. PURPOSE OF STATUS REPORT In December 2021, Idaho Power Company ("Idaho Power" or "Company") filed an Application with the Idaho Public Utilities Commission ("Commission") to modify its Schedule 62, Green Energy Purchase Program. The proposed modifications included: (1) renaming the Green Power Purchase Program Rider (Optional) to the Clean Energy Your Way Program (Optional), (2) maintaining and expanding procurement options to include three options: Total Usage (100%), Block, and Large Purchase, for the renewable energy certificate ("REC") offering named Clean Energy Your Way— Flexible ("Flexible"), (3) establishing a regulatory framework for a future voluntary subscription green power service offering named Clean Energy Your Way — Subscription, (4) offering a tailored renewables option to the Company's largest customers (Special Contract and Schedule 19, Large Power Service) named Clean Energy Your Way — Construction ("Construction"), and (5) procuring associated program renewable resources outside the Commission's current competitive bidding requirements. In August 2023, the Commission issued Order No. 35893 approving most of the Company's requested changes. Additionally, the Commission directed the Company to submit an annual Prudency Report with the following information: • Customer count under each participation option, by schedule • Monthly RECs purchased; • Percentage of RECs purchased within Idaho Power's service area; • Monthly funds transferred to the Power Cost Adjustment ("PCA") from Idaho Power-owned REC purchases; • Monthly revenue and expenses for Schedule 62; • Updated costs associated with re-certifying the RECs prior to retirement (Green-e); • Summary of marketing activities and expenses; • Solar 4R Schools expenses; • Balance of uncommitted/excess funds to be carried over into the next year and the monthly balance of the rider for Schedule 62; • Information on all tailored agreements for third-party RECs in Flexible — Large Purchase Option including, but not limited to: (a) REC purchase agreement price and quantity requested; (b) quantity and price of RECs procured for the customer; (c) monthly revenue and expenses; and (d) proof of separate accounting treatment; and • Information on advanced procurement purchases and if any remaining RECs from those REC purchases will carry over into the next year; Order No. 35893 directs the Company to report on all costs and revenues associated with Schedule 62, which now includes two components: the Flexible and Construction programs. The Construction program is active but does not have its own marketing or advertising expense, nor are there revenues to report associated with Renewable Construction Agreements. Page 2 II. CLEAN ENERGY YOUR WAY - FLEXIBLE DETAILS The information provided herein includes Flexible program data from January 2025 through December 2025. Data for Flexible options Total Usage (100%) and Block is presented first, and data specific to the Large Purchase Option is presented last. FLEXIBLE -TOTAL USAGE (100%) AND BLOCK OPTIONS A. Customer Count by Option and Schedule Table 1: Customer Counts by O tion and Schedule CEYW-TOTAL USAGE CEYW-BLOCK OPTION 100%) OPTION 2025 A-ID C-ID R-ID TR-OR I A-ID C-ID I-ID R-ID R-OR Total Participants* January 1 55 2,389 11 1 42 2 1,894 22 4,417 February 1 45 2,158 13 2 32 2 1,676 11 3,940 March 1 44 2,323 13 2 40 2 1,782 26 4,233 April 1 56 2,298 14 3 36 2 1,836 21 4,267 May 2 48 2,252 16 1 38 2 1,780 17 4,156 June 3 48 2,148 12 2 36 2 1,693 20 3,964 July 3 51 2,354 17 3 40 1 1,887 21 4,377 August 3 53 2,233 16 1 35 2 1,770 19 4,132 September 3 56 2,244 14 2 39 2 1,746 13 4,119 October 3 59 2,179 15 2 42 2 1,777 19 4,098 November 3 64 2,010 14 3 29 2 1,566 18 3,709 December 1 60 2,464 19 2 43 1 1,957 17 4,564 Average 4,165 A-Agricultural C - Commercial I - Industrial R - Residential *Participant count is based on payments made during the selected month. In 2025, overall participation decreased by a monthly average of 3.9 percent (or 168 less participants) from the 2024 monthly average (4,333). However, December's total participants increased 3 percent (or 126 more participants) compared to December 2024 (4,438). B. REC Purchases, Project Sources, and Power Cost Adjustment Transfers A monthly general ledger report shows how much revenue was collected from participants for the Total Usage (100%) and Block options. RECs are purchased based on the funds collected. Table 2 below shows the monthly RECs needed for the program and applies the REC cost to the monthly REC needed to determine the monthly cost of RECs. Total REC purchases decreased 0.8 percent in 2025 compared to 2024 (37,832.399 RECs). Page 3 Table 2: REC Purchases and Costs 2025 RECs Needed MWh Cost* January 3,664.841 $15,025.85 February 3,138.558 $12,868.09 March 3,479.042 $14,264.07 April 3,055.250 $12,526.53 May 2,771.350 $11,362.54 June 2,612.452 $10,711.05 July 3,342.497 $13,704.24 August 3,309.965 $13,570.86 September 3,497.681 $14,340.49 October 2,994.841 $12,278.85 November 2,497.006 $10,237.72 December 3,178.543 $13,032.03 Total 37,542.026 $153,922.31 *REC costs were $4.10/REC in 2025. When purchasing RECs, preference is given to RECs from sources located in Idaho Power's service area or surrounding states. Of the RECs purchased for 2025, none were from Idaho or within Idaho Power's service area and all were sourced from projects in Nebraska and South Dakota in order to maintain current participant costs for the Flexible — Total Usage (100%) and Block options. Specifically, REC prices in the Northwest have increased in recent years and procuring RECs from the Northwest would have required Idaho Power to increase participant costs. This change in REC procurement was communicated to participants in a mailed letter in 2024 (Attachment 1) before becoming effective in 2025. Table 3 below shows the project source for RECs purchased in 2025 for the Flexible program. Page 4 Table 3: Sources of RECs Purchased for Participants Facility Name Certificate Serial Numbers #of Fuel State IPC RECs Type Area Broken Bow Wind NAR-REC-2668-NE-10-2024-159101-3036 to 65 Wind NE No 3100 Broken Bow Wind NAR-REC-2668-NE-07-2024-156626-1 to 3357 3,357 Wind NE No Broken Bow Wind NAR-REC-2668-NE-09-2024-157956-1 to 2740 2,740 Wind NE No Cottonwood Wind3 NAR-REC-2544-NE-1 2-2024-164681-1 to 5478 5,478 Wind NE No Project Crofton Bluffs Wind NAR-REC-2652-NE-09-2024-159575-1 to 3360 3,360 Wind NE No Crofton Bluffs Wind NAR-REC-2652-NE-10-2024-161005-1 to 2171 2,171 Wind NE No Crofton Bluffs Wind NAR-REC-2652-NE-1 1-2024-162061-1 to 2196 2,196 Wind NE No Crofton Bluffs Wind NAR-REC-2652-NE-07-2024-157906-1540 to 943 Wind NE No 2482 Crofton Bluffs Wind NAR-REC-2652-NE-08-2024-158430-1 to 3089 3,089 Wind NE No Crofton Bluffs Wind NAR-REC-2652-NE-12-2024-164693-1 to 103 103 Wind NE No Crofton Bluffs Wind NAR-REC-2652-NE-12-2024-164693-104 to 3,421 Wind NE No 3524 Oak Tree Energy, LLC NAR-REC-2716-SD-09-2025-173729-1 to 1077 1,077 Wind SD No Oak Tree Energy, LLC NAR-REC-2716-SD-07-2025-171062-1 to 3923 3,923 Wind SD No Prairie Breeze Wind NAR-REC-2249-NE-10-2024-160997-7315 to 5,620 Wind NE No Energy 12934 37,543 Total#of RECs* *RECs must be delivered in whole MWh, which is why they are rounded up. There were no Idaho Power-owned RECs purchased for the Flexible — Total Usage (100%) or Block options, therefore no fund transfers to the PCA were required. Page 5 C. Monthly Revenue and Expenses Table 4: Program Revenue and Expenses by Month 2025 Monthly Revenues Monthly Expenses January $36,648.41 $18,893.06 February $31,385.58 $156,754.61* March $34,790.42 $0.00 April $30,552.50 $494.45 May $27,713.50 $19,672.99 June $26,124.52 $15,375.52 July $33,424.97 $77,760.48 August $33,099.65 $10,522.03 September $34,976.81 $31,881.01 October $29,948.41 $6,579.37** November $24,970.06 $13,188.76 December $31,785.43 $8,230.86 Total $375,420.26 $359,353.14 *July- December 2624 REC costs were paid in February 2025: $ 156,650.98 **A marketing charge of$6,579.37 was paid from an incorrect account in 2025 and corrected in 2026. Because the expense was incurred and paid in 2025, it is reported here; however, the accounting correction will appear in the Schedule 62 Rider Balance in 2026 as an offsetting reduction. Table 4 above shows the monthly revenues received from Schedule 62 and the actual timing of program expenses for the Flexible — Total Usage (100%) and Block options. Please note that the expenses are inclusive of the monthly REC costs identified in Table 2, though amounts on a monthly basis will not align with Table 2 due to timing differences between the receipt of funds and actual payments to vendors. REC payments are made biannually. Payment for July through December 2024 RECs for $156,650.98 occurred in February 2025, as shown in Table 4. Payment for July through December 2025 RECs will be reflected in Table 4 in the next year's report. D. Green-e Certification Costs As shown in Table 5 below, Green-e certification costs for 2025 totaled $30,634.01, which included the annual certification renewal, annual verification performed by an external auditor and participant updates to meet Green-e Energy certification requirements. Participant updates included new participant welcome letters with information about the Flexible program's terms and certification, the annual prospective product content label and the annual historical product content label. The Company has provided the spring and summer participant updates that include the product content labels as Attachments Page 6 2 and 3,' and an example of a participant welcome letter as Attachment 4. Approximately 85 percent of participants receive email communication for the updates, which keeps the distribution cost low. Table 5: Green-e Certification Costs 2025 Green-e Certification $18,800.00 External Audit $9,800.00 Participant Updates $2,034.01 Total $30,634.01 E. Marketing Expenses and Activities In 2025, Flexible program-funded marketing expenses were $20,683.98, or 5.5 percent of the total 2025 program revenue ($375,420.26). The marketing efforts are summarized below. Marketing/Public Relations/Advertising: • Bill inserts to customers in June and October (approximately 680,000 total inserts) • Online digital ads in June and October/November delivered 679,381 impressions2 • Pop-up ads in My Account (Idaho Power's online customer portal) delivered 107,086 impressions in August and 101,656 in November • Window clings promoting individual participation sent to new participants in their welcome letters F. Solar 4R Schools As part of the program design, Schedule 62 revenues from the Flexible —Total Usage (100%) and Block options are also used to support the Solar 4R Schools program. Solar 4R Schools educates students about renewable energy by placing solar installations on school property, along with a data monitoring system, and providing a curriculum package and teacher training. Since its inception, 27 schools throughout Idaho Power's service area have received solar photovoltaic ("PV") systems through the program. In 2025, expenses totaled $67,200, which covered Nampa High School's teacher training for a PV system installed in 2024 and Foothills School of Arts and Science's PV system and teacher training. One Solar 4R Schools project was awarded in 2025, as only one school applied. In addition to the Company's usual promotion of the offering through its As required for Green-e certification, Idaho Power provides welcome packets to each new participant and updated product content labels to all participants annually. 2 An impression is recorded each time a piece of content (such as an advertisement, post, or message) is displayed in a place where it is seen by a customer. Page 7 Education and Outreach Energy Advisors, Idaho Power also worked with the Idaho Environmental Education Association ("IEEA") to promote Solar 4R Schools in IEEA's July newsletter. The awarded school for 2025 was University of Idaho — McCall Outdoor Science School ("MOSS"). MOSS provides outdoor science technology engineering and mathematics learning to K-12 and university students from across Idaho. The MOSS campus is currently undergoing some reconfiguration and new construction. Given the unique set of circumstances at the campus, which includes lengthy construction timelines, Idaho Power's traditional funding mechanism was not optimal. As such, Idaho Power approved a different funding mechanism in the form of a Memorandum of Agreement. This agreement allows Idaho Power to reimburse up to $35,000 in costs associated with the design and installation of a solar PV system, and MOSS to contract with a solar installation company of their choosing, thereby allowing for more flexibility to align the installation of MOSS's solar PV system to their construction schedule. Idaho Power will still coordinate and fund the teacher training once the system has been installed. The Company plans to award the Solar 4R Schools grant to up to two schools in 2026. G. Schedule 62 Rider Balance Table 6 below shows that the rider balance at the end of 2025 was $462,443.90. This does not include the July through December 2025 REC expense of $76,317.51 that was paid in February 2026 or the $35,000 associated with the MOSS Solar 4R Schools award. Including those expenses, the rider balance would have been $351,126.39. Table 6: Monthly Balance of Schedule 62 Rider* Beginning Actual Ending Balance Month Balance 2025 January $(419,041.68) $(38,324.86) $(457,366.54) February $(457,366.54) $142,436.24 $(314,930.30) March $(314,930.30) $(36,399.37) $(351,329.67) April $(351,329.67) $(31,446.09) $(382,775.76) May $(382,775.76) $(16,150.49) $(398,926.25) June $(398,926.25) $(5,796.96) $(404,723.21) July $(404,723.21) $42,661.24 $(362,061.97) August $(362,061.97) $(24,175.09) $(386,237.06) September $(386,237.06) $(4,655.74) $(390,892.80) October $(390,892.80) $(32,726.15) $(423,618.95) November $(423,618.95) $(13,478.20) $(437,097.15) December $(437,097.15) $(25,346.75) $(462,443.90) *A negative balance of the rider indicates that amounts have been collected in advance of funding CEYW programs for the period whereas a positive balance indicates CEYW programs have been funded in advance of collection for the period. Page 8 FLEXIBLE: LARGE PURCHASE OPTION H. PCA Transfer Through the Flexible— Large Purchase Option, Idaho Power sold Company-owned RECs to business customers. For reporting year 2025, four business customers participated in the Large Purchase Option. A total of 10,360 Idaho Power-owned RECs were purchased for $25,100.00 and $22,867.36 from these sales was transferred to the PCA. Participation decreased from 2024; however, the company continues to receive inquiries regarding REC options and pricing from various business customers. I. Third-Party REC Purchases In 2025, Idaho Power did not make advanced or customer-specific third-party REC procurements for the Large Purchase Option. While many business customers inquired about third-party REC options and pricing, none made an actual purchase. J. Conclusion Overall, participant count and sales are generally holding steady in the Flexible — Total Usage (100%) and Block options while business customer participation in the Large Purchase Option declined. Although the Company intends to award two Solar 4R Schools grants each year, only one school applied in 2025. In 2026, Idaho Power plans to continue marketing the Total Usage (100%) and Block options to ensure customers are aware of their clean energy options as well as promote the Solar 4R Schools program. IDAHO POWER COMPANY 2025 CLEAN ENERGY YOUR WAY PROGRAM ANNUAL REPORT ATTACHMENT 1 S 4 p �- a oo 0 00 = a ❑� o oa mm ❑ o 0o m @CLEAN ENERGY Your • • — Hello! We're writing with news of a change to Idaho Power's Clean Energy Your Way— Flexible Option program. Beginning in 2025, the renewable energy certificates (REC) used for this program will come from wind facilities in North Dakota, South Dakota, or Nebraska. What does this mean for you? Nothing will change on your end! We're simply informing you the source of renewable energy is coming from a different location. As a reminder, this program has three primary goals: 1. Provide an easy and flexible option for you to use renewable energy 2. Combine your purchasing power to help drive demand for more renewable energy facilities 3. Fund K-12 Solar 4R Schools grants to teach our next generation about sustainable energy Why are we making the change? Over the years, we've focused our renewable energy purchases in the Pacific Northwest. Today, abundant demand for renewable energy in the Pacific Northwest market is outpacing supply, causing significant price spikes in this area. To continue purchasing this program's renewable energy from the Northwest would require doubling the current price of this program. Changing to Midwest renewable energy certificates ensures we can continue to provide this offering at the same price you currently pay and continue to meet the goals of the program. Additionally, the Midwest has higher carbon emissions from electricity generation than the Northwest*, but less demand for renewables. Moving this program's purchasing power will help build the Midwest market for cleaner energy sources. *Comparing northwest and midwest greenhouse gas emissions from the U.S. EPA's eGRID data. What are RECs? A REC represents the environmental benefits of 1 megawatt-hour (MWh) of renewable energy. For every unit of renewable electricity generated, an equivalent amount of RECs are produced. By purchasing and pairing RECs with your electricity service you are using and receiving the benefits of that renewable electricity. Your REC purchase also helps build a market for renewable electricity in the region where it was generated. Increased demand for, and generation of, renewable electricity helps reduce conventional electricity generation in the S 4 p �- a oo 0 00 = � ❑� o 00 mm ❑ o 0o ro @CLEAN ENERGY Your ' • • region where the renewable electricity generator is located. It also has other local and global environmental benefits, which may include emitting little or no regional air pollution or carbon dioxide. The RECs in the Clean Energy Your Way— Flexible Optior, are verified and certified by Green-el Energy, and Idaho Power is required to disclose the quantity, type, and geographic source of each certificate. Please see the enclosed Product Content Label for this information. Green-el Energy also verifies that RECs are not sold more than once or claimed by more than one party. For information on Green-e° Energy, visit green-e.org. Where can you learn more? Idaho Power will continue to ensure your money is used to meet the program's ultimate goals of supporting renewable energy where it's needed and teaching local students about sustainable energy. Learn more about the program at idahopower.com/cleanenergyyourway. As a reminder, you can change your enrollment option at anytime through your Idaho Power My Account Portal, by emailing cleanenergyyourway@idahopower.com, or by calling 800-632- 6605. Thank you for continuing to support renewable energy through your participation in this program. Sincerely, Suzanne Smith Program Specialist 4 p �- 0 0❑ — 0 00 = p ❑ Q o 00 IIlm ❑ a ao ro @CLEAN ENERGY Your ' • POWER Idaho Power's Clean Energy Your Way—Flexible Option Product Content Label This label is part of our Green-e®Energy certification and is provided to participants each year. The label shows the anticipated renewable energy sources for 2025. The Clean Energy Your Way— r'- "-'- „­'_ is a Renewable Energy Certificate (REC) product and does not contain electricity. A REC represents the environmental benefits of 1,000 kilowatt-hour(kWh) of renewable energy that can be paired with the electricity you use. For more information, see green-e.org/rece.org/rec. The Clean Energy Your Way— " '- " 1`- RECs come from 100%Green-e° Energy certified news renewables.The following shows the prospective energy resource mix and generation facilities' locations: 2025 Prospective (Planned) Supply: 100% Wind from North Dakota, South Dakota, or Nebraska facilities 1. New renewables come from generation facilities that first began commercial operation within the past 15 years. 2. Prospective figures reflect the renewables we plan to provide for the given year, but actuals may vary based on resource supply.The 2025 actual figures will be reported by August next year in the Historical Supply line. How does the Clean Energy Your Way— =lexible Option rl compare to the standard energy mix? :, Hydro Idaho Power's 2023 mix of resources supplying Idaho Power customers 36.2% included: Hydroelectric(36.2%),Coal (13.9%), Natural Gas(16.3%), 'e and Other(33.6%). r1 How is the Clean Energy Your Way—Flexible Option sold? Other It is sold in blocks of 100 kWh or matches 100%of your energy(kWh) use. Other As of 2023,the average home in Idaho Power's service area uses 950 kWh per month. For the average home,the 100%Option would add an average $9.50 to the monthly bill to pair all its energy with RECs.As an example of Coal Natural Gas the Block Option,a purchase offive blocks of RECs covers over half of the 13.9% 16.3% average home's energy use for an extra$5.00 each month. The Clean Energy Your Way—Flexible Option is Green-e°Energy certified and Energy meets the environmental and consumer-protection standards set forth by the 0 nonprofit Center for Resource Solutions.Learn more at green-e.org. C,rgq" C E R T I F I E D IDAHO POWER COMPANY 2025 CLEAN ENERGY YOUR WAY PROGRAM ANNUAL REPORT ATTACHMENT 2 _ -�IQAHO POWER. - ����� _ 71. SPRING 2025 NEWSLETTER ENERGY , 0 & %�6 - Your Way m>D o EV Carshare Anser Charter School Now Open Latest Recipient of solar 4P Schools Grant in Two Boise _ - Locations A new electric vehicle (EV) carshare pilot program is making sustainable, affordable transportation more accessible for Boise residents. Celebrated with a ribbon-cutting at the Franklin A-1 Apartments, this initiative is a community collaboration with the City of Boise, St. Luke's, Forth, J. Fisher Companies, and Idaho Power. Community members can Anser Charter School in Garden City their own. She believes the solar panels reserve an EV for as little as $5 per hour is the latest recipient of the Solar 4R and data monitoring system will help at two locations: the Franklin Apartments Schools grant. Funded by Clean Energy students directly connect energy use to and near St. Luke's Boise Medical Center _ Your Way(CEYW) program participants energy production. The classroom kits (close to Ronald McDonald House). Idaho and administered by Idaho Power, Solar and lessons will complement and deepen Power supported the infrastructure 4R Schools educates students about the newly developed energy unit. efforts and provided technical guidance renewable energy by placing solar "It's important kids learn with real-life for the project. Visit installations on school property, along examples—and not just read things to learn more or to reserve with a data-monitoring system and from a textbook," Pape said. "The solar through the MDO Carshare app. corresponding curriculum package. panels are a tangible item kids can Science Teacher Nicole Pape found see, monitor, and really learn from." the grant online when searching > Anser Community Engagement � Z for content for her fifth-grade class Coordinator Amanda Neill said she _ curriculum. She liked how practical the loves that students have so much solar panels would be and thought the passion for renewable energy. "This ' E_ content would integrate nicely with generation understands we need the renewable energy unit the children renewable energy, and we are so learned about in fourth grade. lucky to have all different types of renewable energy Pape also noted the installation and in Idaho," she said. associated training would allow teachers To learn more and apply for Solar 4R to experience more in-depth training, Schools, visit idahopower.com/ rather than reading and learning on solar0schools. Equivalent to: 202 IMPACT vehicles removed � � Your Darticlpatlon Is sometnlna to ae proud of. 51388 from the road Total Participants: I Total CEYW Kilowatt-hours (kwh): 0 tons of carbon 4,845 37,832,399 d 28F676 dioxide (CO2) avoided For questions about Clean Energy Your Way, contact: Idaho Power at 1-800-632-6605 31 , 022 acres of U.S. P.O. Box 70 Boise, Idaho 83707forest absorbing CO2 for one year CI ea n E ne rgyYo u r Way@ i da h o p owe r.L Source:U.S.EPA Greenhouse Gas Equivalencies Calculator and eGncl database release date 01/30/24. 19w-77_;6- — D i s cover Swan -5 - - Falls Park: _ -- A Scenic Spring Getaway Ready to get outside and explore the - beauty of Idaho this spring? Head to Caring • Water Swan Falls Park! Operated by Idaho Power,this scenic day-use park has a The Snake River is a vital resource for more diverse fish and wildlife habitat, reservable picnic shelter and sits alongS the Snake River,just 20 miles south of Idaho Power and our more than 650,000 and helps prevent sediment and he It's also right next to the historic customers. A healthy river and waterways pollutants from entering the water. Swan Falls Dam Powerhouse Museum benefit wild and aquatic life, irrigators, and Promote efficient watering. and within the stunning Snake River Birds people who enjoy the river for recreational We work with farmers to convert of Prey National Conservation Area. uses. Idaho Power's ongoing efforts traditional flood and furrow irrigation through our Snake River Stewardship to sprinklers. This uses water more Program(SRSP)and other projects foster efficiently while reducing the amount the health of this resource. Here are a few of runoff entering the river. of Idaho Power's areas of focus: • Partner to reduce fertilizer runoff. • Restore river channels. Reducing We partner with the Riverside water surface area and increasing its Irrigation District in Boise to prevent velocity and channel depths lessens at least 15,000 pounds of phosphorus the water exposed to heating, which from entering the Snake and Boise — decreases unwanted aquatic plants rivers each year. Reducing phosphorus Mark Mark our calendar the Swan Falls house Museum opens for the season and improves fish and wildlife habitat. helps limit algae and aquatic plant Powp _ • Buildup native vegetation. Planting growth. April 19! It will be open every Saturdayfrom 10 a.m.to 4 p.m.for free, self-guided native vegetation along key tributaries To learn more and see videos of restoration tours through Labor Day. While you are reduces water temperatures, provides projects,visit idahopower.com/river. there, spend the day exploring other historic displays at the park. You will also find Idaho Powers Clean Energy Your Way fishing docks,walking paths, and restrooms. Flexible Option Product Content Label —� This label is part of our Green-e®Energy certification and is provided to participants each year. „� B The label shows the anticipated renewable energy sources for 2025. The Clean Energy Your Way-Flexible Option is a Renewable Energy Certificate(REC) product and does not contain electricity.A REC represents the environmental benefits of 1,000 kilowatt-hour(kWh)of renewable energy that can be paired with the electricity you use. For more information,see 'rec. 100% Green-e Energy Certified New' Renewables 2025 Prospective (Planned)Supply:100%Wind RECs from North Dakota,South Dakota,or Nebraska facilities • : • 1. New renewables come from generation facilities that began commercial operation within the past 15 years. 2. Prospective figures reflect the renewables that we plan to provide for the given year,but actuals may vary,based on resource supply.The 2025 actual figures will be reported by August next year in the Historical Supply line. How does Clean Energy Your Way—Flexible Option compare to the standard 4 _ energy mix? Idaho Power's 2024 mix of resources supplying Idaho Power customers included: , Hydroelectric(35.4%), Natural Gas(19.2%), Coal(12.3%), and Other(33.1%). How is Clean Energy Your Way—Flexible Option power sold? It is sold in blocks of 100 kWh or matches 100% of your energy(kWh)use. As of 2024,the average home in Idaho Power's service area uses 950 kWh per month. For the average home,the 100% Option would add an average $9.50 to the monthly bill.As an •' • �• • •' • example of the Block Option,the home could buy five blocks of renewable energy certificates •' • • - •- - •• -to cover over half of the home's energy use for an extra $5.00 each month. • '• • • - • •' EnergymeetsClean Energy Your Way—Flexible Option is Green-e®Energy certified andGrea.o the environmental and consumer-protection standards set forth by the _ • _ _ • _ nonprofit Center for Resource Solutions.Learn more at green-e.org. For specific information about this program,contact Idaho Power at 1-800-632-6605, • - • - , cleanenergyyourway@idahopower.com or idahopower.com/cleanenergyyourway. ��_ IDAHO POWER COMPANY 2025 CLEAN ENERGY YOUR WAY PROGRAM ANNUAL REPORT ATTACHMENT 3 _ —�IQAHO POWER. - u CLEAN — SUMMER 2025 NEWSLETTER EN ERGY Your Way m>D o o 00 o Powering Communities, lad F-1 Protecting - Wildlife About 10% of power outages are caused ' - by wildlife. Birds and animals often interact with power lines in ways that can disrupt service. Since the 1970s, ` we've worked to reduce these outages and improve safety. Our Avian Protection F 60 9xhst� - Plan, launched in 2008, includes raptor safe designs, nest management, and = collision-reducing diverters. We also use insulated conductors, wildlife — guards, and nesting platforms to keep animals safe and away from energized - -- equipment. These efforts support --` - - our commitment to safety, reliability, and environmental stewardship— Foothills School of Arts and Science in The solar installation aligns with the protecting both wildlife and the energy downtown Boise is the latest recipient school's mission to provide hands- that keeps our communities running. of Solar 4R Schools funding. Funded by on, project-based education and will Clean Energy Your Way— Flexible allow students to connect a variety of Program participants and administered overlapping and interconnected by Idaho Power, Solar 4R Schools subjects—from science and engineering teaches local students about renewable to environmental resource management f energy by placing solar installations on and public policy. Plus, the school's prime '\ school property, along with a data- location in downtown Boise means the monitoring system and corresponding solar array will be prominently visible �1 curriculum package. to students, families, and passersby, 0 !� Foothills School, which serves pre-K highlighting the school's commitment to through 9th grade students, plans to sustainability right in the heart of the city! integrate curriculum that helps students Do you know a school that may be learn, analyze, and question their impact interested in a Solar 4R Schools project? on the earth with the assistance of the Information on how to apply can be solar installation and materials. found at idahopower.com/solar4111schools Equivalent to: 2025 IMPACT vehicles removed Mid-year Update: 3,520 from the road Y p Total Participants: Total CEYW Kilowatt-hours Purchased: 0 16,630dioxidetons of carbon 4,8G,s 18 721 493 doz (CO ) Your participation is something to be proud of! avoided For questions about Clean Energy Your Way, contact: 0 Idaho Power at 1-800-632-6605 15,127 acres of U.S. P.O. Box 70 Boise, Idaho 83707forest absorbing CO2 for one year CleanEnergyYourWay@idahopower.com Source:U.S.EPA Greenhouse Gas Equivalencies Calculator and eGncl database release date 01/30/24. jw �-- The Role of ---- �� Energy Highways - As our area continues to grow,so does the . ) demand for reliable energy.To meet this need, high-voltage transmission lines,the "interstate highways" of energy, play a vital role.These lines efficiently move electricity over long distances, connecting customers to reliable energy when they need it.While we produce electricity locally,we also rely i on external energy sources. • • • - • • • • • , Projects like Boardman to Hemmingway (132H), Gateway West, and SWIP-North • - • • • • • • - are central to our long-term energy Running a small business takes time and • Boost visual appeal strategy.These transmission lines will strengthen the grid, improve reliability, effort and saving money matters. Idaho How It Works: and allow us to import power from Power's Small Business Lighting (SBL) outside our service area—especially program helps you reduce energy costs with 1. Choose a contractor by visiting during peak demand or emergencies. an enhanced incentive: $0.40 per kilowatt- idahopower.com/sbl or by calling hour(kWh)in estimated annual savings— 1-800-632-6605. B2H will connect us to affordable energy, up to the full project cost—when 2. Schedule a free lighting assessment. much of it*clean hydropower,from the upgrading to LED. Adding lighting controls Pacific Northwest. It will help us import can boost savings. Businesses using up to 3. Review a proposal with project details. enough electricity to power more than 50,000 kWh annually may qualify(larger 4. Install LED lighting. 150,000 homes during the summer. businesses should check out idahopower. Similarly, Gateway West will help us com/retrofits for other incentives). 5. Pay your portion —Idaho Power pays move energy between the Treasure Valley incentives directly to the contractor. and Magic Valley and give us access - Why Upgrade Your Lighting? Get started today! Visit idahopower.com/sbl to energy from outside our region to • Reduce maintenance costs or email us at sbl@idahopower.com help meet our customers' needs during • Improve comfort and safety for details. times of high demand. SWIP-North will allow us to import affordable energy from the Southwest, mostly*generated Idaho Power's Clean Energy Your Way from solar,to help us meet growing Flexible Option Product Content Label demand, especially in the winter. ® A well-connected grid—with projects like This label is part of our Green-el Energy certification and is provided to participants each year. B2H, Gateway West, and SWIP-North— The label shows the actual Renewable Energy Certificates'sources(RECs)for last year. allows more efficient sharing and use of The Clean Energy Your Way-Flexible Option is a REC product and does not contain electricity. energy between regions.This helps reduce A REC represents the environmental benefits of 1,000 kilowatt-hour(kWh)of renewable energy the need for additional plants, power lines that can be paired with the electricity you use. For more information,see www.green-e.org/rec. and substations, keeping costs down. During low-demand seasons like fall and 100% G - - - Energy Certified - Renewables spring,we can keep customers' costs down The Clean Energy Your Way-Flexible Option's RECs comes from 100% Green-e®Energy by selling surplus energy and using Gateway certified new' renewables.The following shows the Clean Energy Your Way-Flexible Option's West and B2H to send it to the buyers. historical energy resource mix and generation facilities'locations: *Renewable energy is not provided to 2024 Historica12(Actual)Supply:95%Wind and 5%Solar from Idaho facilities customers in Idaho Power's standard energy 1. New Renewables come from generation facilities that first began commercial operation within the past 15 years. supply because we do not buy or keep the 2. Historical figures reflect the RECs provided to Clean Energy Your Way—Flexible Option customers last year. associated RECs for our standard supply. Learn more: idahopower.com/transmission How does the standard energy mix compare? Idaho Power's 2024 mix of resources supplying Idaho Power customers included: Hydroelectric (35.4%), Natural Gas(19.2%), Coal(12.3%), and Other(33.1%). How is the Clean Energy Your Way—Flexible Option sold? It is sold in blocks of 100 kilowatt-hours(kWh)or matches 100% of your energy(kWh) use. As of 2024,the average home in Idaho Power's service area uses 950 kWh per month. - - OEnerThe Clean Energy Your Way—Flexible Option is Green-ee Energy certified ■�, — C E R T I F I E D gY and meets the environmental and consumer-protection standards set forth by the nonprofit Center for Resource Solutions.Learn more at green-e.org. \ For specific information about this program,contact Idaho Power at 1-800-632-6605, cleanenergyyourway@idahopower.com or idahopower.com/cleanenergyyourway IDAHO POWER COMPANY 2025 CLEAN ENERGY YOUR WAY PROGRAM ANNUAL REPORT ATTACHMENT 4 + +s o o �- 0 ❑ ❑ ❑❑ (DCLEAN ENERGY mm O o 0o a Your • POWER Flexible Option April 14, 2026 CUSTOMER NAME STREET ADDRESS CITY, STATE ZIP Thank you for supporting renewable wind energy by participating in Idaho Power's Clean Energy Your Way—Flexible Option. You are part of a growing group of more than 4,900 friends, neighbors and businesses making the choice to go green! Our records show you are enrolled under our 100% Option. As a result, each month your energy will be paired with renewable energy certificates. Over the course of a year, generating renewable energy equal to your estimated energy needs is comparable to: 18.9 70 4.0 2 17.26 THESE E COZ NUMBERS tons of vehicles acres of U.S.forest BE carbon dioxide removed from absorbing CCh for avoided _ the road J 1year PROUD OF! Source: U.S. EPA Greenhouse Gas Equivalencies Calculator and eGRID Your participation also provides funding for Solar 4R Schools, a program that awards local K-12 schools with solar installations for education. Because of supporters like you, these schools' students learn firsthand how renewable energy works. It is a fun and engaging way to teach our next generation about sustainable energy solutions. If you have any questions about this program, please do not This letter confirms your Clean hesitate to contact Idaho Power's Customer Solutions Advisors Energy Your Way — Flexible Option toll-free at 800-632-6605. enrollment. Enclosed with this letter is the program's pricing, terms and Sincerely, conditions and information on the Idaho Power's Clean Energy Your Way Team renewable energy certificates used to supply this program. This letter is informational only and requires no action from you. S e p �- a oo — 0 00 = p ❑ o 00 mm no @CLEAN ENERGY Your • POWER Idaho Power's Clean Energy Your Way—Flexible Option Product Content Label This label is part of our Green-el Energy certification and is provided to participants each year. The label shows the anticipated renewable energy sources for 2026. The Clean Energy Your Way—Flexible Option is a Renewable Energy Certificate(REC) product and does not contain electricity.A REC represents the environmental benefits of 1,000 kilowatt-hour(kWh)of renewable energy that can be paired with the electricity you use. For more information,see www.green-e.org/rec. The Clean Energy Your Way—Flexible Option's Renewable Energy Certificates (RECs) come from 100%Green-e° Energy certified new' renewables. The following shows the prospective energy resource mix and generation facilities' locations: 2026 Prospective'(Planned)Supply: 100%Wind from North Dakota,South Dakota, or Nebraska facilities 1. New Renewables come from generation facilities that first began commercial operation within the past 15 years. 2. Prospective figures reflect the renewables that we plan to provide for the given year, but actuals may vary based on resource supply.The 2026 actual figures will be reported by August next year in the Historical Supply line. How does the Clean Energy Your Way—Flexible Option compare to the standard energy mix? Hydro Idaho Power's 2025 mix of resources supplying Idaho Power customers 34.2% included: Hydroelectric(34.2%), Coal (9.9%), Natural Gas(22.9%)and Other(33.0%). How is the Clean Energy Your Way—Flexible Option sold? Other 33.0% It is sold in blocks of 100 kilowatt-hours(kWh)or matches 100%of your energy(kWh) use. As of 2025,the average home in Idaho Power's service area uses 900 kWh per month. For the average home,the 100%Option would add an average Coal Natural Gas $9.00 to the monthly bill to pair all its energy with renewable energy 9.9% 22.9% certificates(RECs).As an example of the Block Option,a purchase of 5 Blocks of RECs covers over half of the average home's energy use for an extra $5.00 each month. Ener The Clean Energy your Way—Flexible Option is Green-e®Energy certified and meets the environmental and consumer-protection standards set forth by the Groe�e CERTIFIED nonprofit Center for Resource Solutions.Learn more at green-e.org. For specific information about this program,contact Idaho Power at 1-800-632-6605, cleanenergvvourwav@idahopower.com or idahopower.com/cleanenergvvourway. 0 00 - 0 00 = 0 O 0 00 mm O 0 oo @CLEAN ENERGY Your • POWER Idaho Power's Prices, Terms and Conditions for the Clean Energy Your Way— Flexible Option Idaho Power's Clean Energy Your Way—Flexible Option is Green-e° EnergyEnergy certified and meets the environmental and consumer- protect ion standards set forth b the nonprofit Center for Resource Grow-• C E R T I F I E D Solutions. Green-el Energy requires companies offering certified products to provide their customers with this notice of terms, price and conditions. Learn more at green-e.org. What is the Clean Energy Your Way— Flexible Option? This is a voluntary program that allows Idaho Power customers to match their electricity use with renewable energy certificates (RECs). When you buy RECs with your energy, you are using renewable energy. What are RECs? The Clean Energy Your Way—Flexible Option is a Renewable Energy Certificate (REC) product and does not contain electricity. A REC represents the environmental benefits of 1 megawatt-hour (MWh) of renewable energy. For every unit of renewable electricity generated, an equivalent amount of RECs are produced. By purchasing and pairing RECs with your electricity service you are using and receiving the benefits of that renewable electricity. Your REC purchase also helps build a market for renewable electricity in the region where it was generated. Increased demand for, and generation of, renewable electricity helps reduce conventional electricity generation in the region where the renewable electricity generator is located. It has other local and global environmental benefits, which may include emitting little or no regional air pollution or CO2. The RECs in the Clean Energy Your Way—Flexible Option are verified and certified by Green-el Energy, and Idaho Power is required to disclose the quantity, type, and geographic source of each certificate. Please see the Product Content Label for this information. Green-eO Energy also verifies that RECs are not sold more than once or claimed by more than one party. For information on Green-eO Energy, visit green-e.org. How will I be billed for my purchase? The Clean Energy Your Way—Flexible Option charge will be listed as a separate line item on your monthly Idaho Power bill. The charge is in addition to your regular bill. What are the enrollment options and pricing? Block Option: $1.00 per Block of 100 kilowatt-hours (kWh) 100%Option: 1C per 1 kilowatt-hour to match your "kWh used" from your monthly bill Will the Clean Energy Your Way— Flexible Option rate change over time? Clean Energy Your Way—Flexible Option rates are based on current public utility commission (PUC) tariffs. Pricing is subject to change. All rate changes require approval of the Idaho and Oregon PUC. Customers will be notified of any price change in advance through customer communications. What is the contract length? The contract is month to month. You can change or cancel your enrollment any time with no cancellation fee. How do I change or cancel my participation? Online: Idaho Power's My Account Phone: 1-800-632-6605; Email: cleanenergyyourway@idahopower.com; Mail: Idaho Power, %Clean Energy Your Way-Flexible Option, PO Box 70, Boise, ID 83707. If no payment is made toward Clean Energy Your Way—Flexible Option charges in a consecutive three-month period, enrollment will be cancelled automatically, and program charges will be removed. Will my purchase be tax deductible? Participants in the Clean Energy Your Way— Flexible Option make a physical purchase from an operating business; therefore, purchases are not tax deductible. Does Idaho Power make a profit on the program? Idaho Power does not make a profit from the program. Idaho Power uses the funds collected through the Clean Energy Your Way—Flexible Option to purchase RECs for participants, pay for Green-e° Energy certification, fund Solar 4R Schools grants, and support outreach and education to grow the program. What is Solar 4R Schools? Solar 4R Schools is a grant program that educates students, teachers and the community about the science behind renewable energy technologies. The program provides hands-on activity guides, science kits and a small solar array at no cost to schools through a competitive award process. A portion of Clean Energy Your Way—Flexible Option funds are used to sponsor schools in our service area. Who do I contact with questions? The Clean Energy Your Way—Flexible Option is offered by Idaho Power Company. You can reach us at 1-800-632-6605 or idahopower.com/cleanenergyyourway. What else can I do to conserve resources and use energy wisely? For incentives and tips on ways to save energy and reduce your use, visit idahopower.com/save.