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HomeMy WebLinkAbout20260428Decision Memo.pdf DECISION MEMORANDUM TO: COMMISSIONER LODGE COMMISSIONER HAMMOND COMMISSIONER HARDIE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: KELSEA E. ROSS DEPUTY ATTORNEY GENERAL DATE: APRIL 28, 2026 SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY'S APPLICATION FOR AUTHORITY TO IMPLEMENT POWER COST ADJUSTMENT ("PCA") RATES FOR ELECTRIC SERVICE FROM JUNE 19 2026, THROUGH MAY 31, 2027; CASE NO. IPC-E-26-10. On April 15, 2026, Idaho Power Company ("Company") applied to the Idaho Public Utilities Commission ("Commission") requesting an order approving an update to Schedule 55 ("Application") based on: (1) the quantification of the 2026-2027 Power Cost Adjustment ("PCA"); (2) the PCA Balancing Adjustment; and (3) the Idaho Jurisdictional Boardman Balancing Account over-collection, to become effective June 1, 2026, for the period of June 1, 2026, through May 31, 2027.Application at 17. The Company states that if approved,the Application will result in a revenue increase of approximately $51.6 million, or a 3.02% increase from its current billed revenue.Id. at 2. STAFF RECOMMENDATION Commission Staff recommends that the Commission issue a Notice of Application and Notice of Modified Procedure, establishing a May 12, 2026, public comment deadline, and a May 19, 2026, reply comment deadline. COMMISSION DECISION Does the Commission wish to issue a Notice of Application and Notice of Modified Procedure, establishing a May 12, 2026, public comment deadline, and a May 19, 2026, reply comment deadline? lk�4� gdgL Kelsea E. Ross Deputy Attorney General I:\LegaRELECTRIC\IPC-E-26-10_P CA\memo s\IPCE2610_dec 1_kr.do cx DECISION MEMORANDUM 1