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HomeMy WebLinkAbout20260416Errata to Application and Direct Testimony.pdf "4%6h-0IQAHO POWER. RECEIVED LISA C. LANCE April 16, 2026 Corporate Counsel IDAHO PUBLIC Ilance(ab_idahopower.com UTILITIES COMMISSION April 16, 2026 VIA Electronic Filing Commission Secretary Idaho Public Utilities Commission 11331 W. Chinden Boulevard Building 8, Suite 201-A Boise, Idaho 83714 Re: Case No. IPC-E-26-06 Application for Authority to Implement Fixed Cost Adjustment ("FCA") Rates for Electric Service from June 1, 2026 Through May 31, 2027 Dear Commission Secretary: Attached for electronic filing, please find Idaho Power Company Errata to Application and Direct Testimony of Connor L. Allen in the above-entitled matter. If you have any questions about the attached documents, please do not hesitate to contact me. Sincerely, G� God Lisa C. Lance LCL:sg Attachments 1221 W. Idaho St(83702) P.O. Box 70 Boise, ID 83707 LISA C. LANCE (ISB No. 6241) MEGAN GOICOECHEA ALLEN (ISB No. 7623) Idaho Power Company 1221 West Idaho Street (83702) P.O. Box 70 Boise, Idaho 83707 Telephone: (208) 388-2649 Facsimile: (208) 388-6936 (lance idahopower.com mgoicoecheaallen(a)idahopower.com Attorneys for Idaho Power Company 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 ("FCA") RATES ) ERRATA TO APPLICATION AND FOR ELECTRIC SERVICE FROM JUNE 1, ) DIRECT TESTIMONY OF CONNOR 2026 THROUGH MAY 31, 2027. ) L. ALLEN Idaho Power Company ("Idaho Power" or "Company") hereby respectfully submits to the Idaho Public Utilities Commission ("Commission") this Errata to the Company's Application to implement Fixed Cost Adjustment ("FCA") rates for electric service from June 1, 2026 through May 31, 2027, and the Direct Testimony of Connor L. Allen ("Allen Testimony") filed contemporaneously therewith on March 13, 2026, to ensure accuracy, consistency, and clarity of the record as follows. ERRATA TO APPLICATION AND DIRECT TESTIMONY OF CONNOR L. ALLEN - 1 1. Following the filing of the FCA on March 13, 2026, the Company identified an incorrect application of the applicable annual interest accrual for the 2025 FCA balance during the January through May 2026 accrual period. Specifically, in Exhibit No. 4, an annual interest rate of 5.0 percent was inadvertently applied for the January through May 2026 accrual period to Small General Service customers taking service under Schedule 7 and Small General Service On-Site Generation customers under Schedule 8 instead of the correct interest rate of 4.0 percent. 2. Upon identification of the incorrect application of the applicable annual interest rate, the Company incorporated the corrected interest calculation into the FCA balance reflected in revised Exhibits Nos. 4 and 5 and confirmed that it does not result in any change to the FCA rates, customer bill impacts, or total billed revenue as filed on March 13, 2026. More specifically, the revised versions of Exhibit Nos. 4 and 5, prepared by the Company and provided with this Errata, demonstrate that the application of the correct 4.0 percent annual interest rate to Small General Service customers for the January through May 2026 accrual period increases the total FCA balance by $397, an amount that does not affect the FCA rates or bill impact percentages as originally filed. 3. Though not material to the Company's Application or its request in this proceeding, for the sake of clarity of the record the Company is providing revised versions of Exhibit Nos. 4 and 5 with this Errata to replace Exhibit Nos. 4 and 5 filed with the Allen Testimony on March 13, 2026. 4. In addition, as a result of this update and consistent with the corrected figures reflected in Revised Exhibit Nos 4 and 5, the Company provides the following substitutions to incorporate within the Application and the Allen Testimony for consistency and clarity as follows: ERRATA TO APPLICATION AND DIRECT TESTIMONY OF CONNOR L. ALLEN - 2 • Application, page 7, replace ($99,483.31) with ($99,086.31); and • Application, page 7, replace $2,025,793.18 with $2,026,190.18; and • Allen Testimony, page 3 (line 20) and page 17 (line 18) replace $2,025,793 with $2,026,190; and • Allen Testimony, page 15 (line 8), replace $2,025,793.18 with $2,026,190.18; and • Allen Testimony, page 15 (line 10), replace ($99,483.31) with ($99,086.31); and • Allen Testimony page 17 (line 18), replace $5,077,567 with $5,077,964. These updates do not change anything else about the Application or the Allen Testimony. DATED at Boise, Idaho, this 16th day of April 2026. /V, G/ - LISA C. LANCE Attorney for Idaho Power Company ERRATA TO APPLICATION AND DIRECT TESTIMONY OF CONNOR L. ALLEN - 3 CERTIFICATE OF SERVICE I HEREBY CERTIFY that on the 16th day of April 2026, 1 served a true and correct copy of Idaho Power Company's Errata to Application and Direct Testimony of Connor L. Allen upon the following named parties by the method indicated below, and addressed to the following: Commission Staff Hand Delivered Kelsea E. Ross U.S. Mail Deputy Attorney General Overnight Mail Idaho Public Utilities Commission FAX 11331 W. Chinden Blvd., Bldg No. 8 FTP Site Suite 201-A (83714) X Email PO Box 83720 Kelsea.Ross(a)puc.idaho.gov Boise, ID 83720-0074 Stacy Gust Regulatory Administrative Assistant ERRATA TO APPLICATION AND DIRECT TESTIMONY OF CONNOR L. ALLEN -4 A B C D E F G H I J K L M N M P O R S T U V w X 1 Fized Ccel Adjustment Month Report Janua FebruaryMarch April M June Jul August September October November December Current Year Total Janua FebruaryMarch r' M Grand Total 2 for the ended December 31,2025 3 4 Residential Schedules 1 and 3 Edstin Customers: 5 n Balance $ 3,164,124.66 468,560.67 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 3,911,432.56 1,769,860.112 2439,76202 2,43976202 2439,76202 2,439,762.02 2,439,762.026 Amount Deferred $ 3,164,124.66 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 3,659,922.230 2,439,762.02 2,439,762.02 7 Endin Balance $ 3154,12466 468,560.67 1475,59083 1,84441410 2660,51056 832,975.48 2,005,974.96 2,041,628.76 3,996,647.82 3,911,432.58 1,769,860.11 1,890,062.122 2,439,762.02 2439,76202 2,43976202 2439,76202 2,439,762.02 2,439,762.028 9 Residential Schedules 1 and 3 New Customers: 10 n Sol- $ 4583829 5,45561 21 19956 27,12933 40,74795 8,02394 44,297.46 44,989.35 84,671.00 82,883.45 36,239.285 44,60512 4460512 44,60512 44,605.12 44,605.1211 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 83,156.633 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-S@e Gen Schedule 6(EAsting Customers): 15 BeginningBalance $ 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 Amout 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 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 37,255.35 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-S@e Gen Schedule 6 New Customers), 20 n 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 5,101.87 5,101.87 5,101.87 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 24,848.23 38,579.60 3,216.73 5,101.87 5,101.87 22 Ending Balance $ 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 5,101.87 5,101.87 5,101.87 5,101.87 23 24 Residential TOU Schedules 5 and 6(Esiwtinq Customers), 25 n 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 32,559.54 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 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 10,446.28 10,446.28 10,446.28 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 10,446.28 10,446.28 10,446.28 10,446.28 10,446.28 33 34 Interest: 35Accrua1 thm Nor 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 25,557.36 18,506.14 11,464.92 4,403.70 2,647.52 36 MwMI Interest Rale Annual 5%for 2025,4%for 2026 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% 0.3333% 0.3333% 0.3333% 0.3333% 0.3333% 37 MonthlyInterest loc/E $ 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 7,051.22 7,051.22 7,051.22 7,051.22 9,698.74 38 Interest Accrued to dale $ 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 18,506.14 11,454.92 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(E,istig Customers: 44 n Balance $ 37,522.93 2,173.39 7,027.62 7,392.45 17,587.83 39,131.26 12,955.05 19,1..1 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 10,195.38 21,643.43 13,823.79 6,554.72 34,764.97 10,122.91 3,496.90 11,098.24 474.53 96,311.79 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 96,311.79 96,311.79 96,311.79 96,311.79 96,311.79 47 48 ISmall General Service Schedule 7 New Customers), 49 n Balance $ 50 Amount Deferred $ 51 Ending Balance $ 52 53 Small General On-Site Gen Schedule 8(E,"ng Customers): 54 Begin.ing 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 55 Amount Deferred $ 3,188.83 4,041.75 317.54 184.90 214.57 230.16 264.89 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 Small General On Site Gen Schedule 8 New Customers: 59 Balance $ 60 Amount Deferred $ fit Ending Balance $ 62 63 Interest: 64 Accrual thm Prior Month $ 143.07 137.57 110.52 81.18 8.46 164.99 377.11 626.43 1,019.88 1,455.97 2,302.58 2,619.87 2,937.16 3,254.45 3,571.74 65 Monthly Interest Rate Annual 5%for 2025,4%for 2026 0.4167%1 0.4167% 0.4167% 0.4167% 0.4167% 0.4167% 0.4167%1 0.4167%1 0.4167% 0.4167%1 0.4167% 0.4167% 0.4167% 0.3333% 0.3333-A 0.3333% 0.3333% 0.3333% 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 2,302.58 317.29 317.29 317.29 317.29 317.29 3,889.03 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 2,619.87 2,937.16 3,264.45 3,571.74 3,889.03 fib 69 Total Small General Service FCA 34,334.10 1,177.40 6,364.67 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 97,499.86 317.29 317.29 317.29 317.29 317.29 99,086.31 70 71 72 Total Fixed Cost Adjustment $ 3,365,988.48 425,067.83 1 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 4,582,961.28 2,208,427.03 1.834,108.56 1 2,019,981.92 1,992,520.53 1 6,733.93 1 6,733.93 6,733.93 6,733.93 6,733.93 2,026,190.18 75 76 File is 100%locked down,Mh the a lion of manual inputs. 77 78 Entries: 1,992,520.53 6,733.93 6,733.93 6,733.93 6,733.93 6,733.93 79 599 X00001999182302 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 35,746.36 2,178,407.53 14,774.59 2,354,534.26 4,042,535.59 158,411.98 80 599 X00001999440301 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 X00001999419000 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 9,126.11 398.55 27,859.94 6,733.93 6,733.93 6,733.93 6,733.93 6,733.93 83 Revised Exhibit No. 4 Case No. IPC-E-26-06 C. Allen, IPC Page 1 of 1 FIXED COST ADJUSTMENTRATE DETERMINATION 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 $ 1,968,825 $ (156,451) $ 0.000330 Small General Service (99,086) 142,790,445 21,978,615 57,365 156,451 $ 0.000402 Total $ 2,026,190 6,111,811,874 $ 776,309,754 0.26% $ 2,026,190 $ - Proposed 2025 FCA Deferral Balance $ 2,026,190 Existing FCA Balance per Order No.36617 (3,051,774) FCA Annual Increase/(Decrease) $ 5,077,964 %of Base Revenue 0.65% Revised Exhibit No. 5 Case No. IPC-E-26-06 C.Allen, IPC Page 1 of 1