20260430Notice_of_Application_Order_No_37016.pdf

Office of the Secretary
Service Date
April 30,2026
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF ROCKY MOUNTAIN ) CASE NO. PAC-E-26-04
POWER'S APPLICATION FOR APPROVAL )
OF THE SALE OF ITS WASHINGTON ) NOTICE OF APPLICATION
SERVICE AREA AND FOR AN )
ACCOUNTING ORDER ) NOTICE OF INTERVENTION
DEADLINE
ORDER NO. 37016
On April 6, 2026, PacifiCorp, d/b/a Rocky Mountain Power ("Company") applied to the
Idaho Public Utilities Commission ("Commission") requesting (1) Commission approval of the
sale of the Company's Washington service area and certain Washington-based assets and (2)
Commission approval of an accounting order that would authorize the recording of a regulatory
liability for Idaho-allocated goodwill value from the sale ("Application").
The Commission now issues this Notice of Application and Notice of Intervention
Deadline, setting a deadline by which interested persons may intervene in the case.
NOTICE OF APPLICATION
YOU ARE HEREBY NOTIFIED that the Company requests Commission authority to sell
its Washington service area and select Washington-based assets to Gem Sub LLC ("Gem"), an
affiliate of Portland General Electric Company, pursuant to Idaho Commitment 116 of Order No.
29973. Application at 1.
YOU ARE FURTHER NOTIFIED that following completion of the proposed transaction,
Gem would begin serving approximately 137,000 Washington customers in Yakima,Walla Walla,
Columbia, Garfield, and Benton counties currently served by the Company.Id. at 2.
YOU ARE FURTHER NOTIFIED that the Washington-based generation assets included
for sale in the proposed transaction include the 477-megawatt ("MW") Chehalis combined cycle
gas turbine power plant located in Lewis County; the 94-MW Goodnoe Hills Wind Farm located
in Klickitat County; and the 234-MW Marengo I and 11 Wind Farms located in Columbia County.
Id. The proposed transaction also includes the sale of transmission and distribution assets,
including lines, substations, structures, and poles.Id. at 2-3.
NOTICE OF APPLICATION
NOTICE OF INTERVENTION DEADLINE
ORDER NO. 37016 1

YOU ARE FURTHER NOTIFIED that the Company states that the assets it proposes to
sell comprise a relatively small portion of its system-wide operating facilities. Id. at 3. The
Company represents "that the transfer of the duty to serve the Washington service area and the
sale of certain Washington-based assets improves the Company's overall system load and resource
balance and mitigates future resource adequacy challenges."Id.
YOU ARE FURTHER NOTIFIED that under the proposed transaction, Gem would pay a
base purchase price of$1.9 billion in addition to cash consideration for certain accounts receivable
and regulatory assets. Id. The purchase price includes approximately $504 million in goodwill
value. Id. at 4.
YOU ARE FURTHER NOTIFIED that the Company proposes to assign Idaho customers
an$8.9 million credit(representing 68 percent of the Idaho-allocated portion of the goodwill value)
through its next general rate case amortized over three years. Id. The Company requests an
accounting order authorizing the recording of a regulatory liability for Idaho-allocated goodwill
value. Id. at 11
YOU ARE FURTHER NOTIFIED that the Company requests that in evaluating the
proposed transaction, the Commission grant approval based on findings that(1) the transaction is
in the public interest and(2) the transaction will not increase Company customer rates.Id. at 8
YOU ARE FURTHER NOTIFIED that the Company requested a final order no later than
March 1, 2027.Id. at 11.
YOU ARE FURTHER NOTIFIED that the agreement concerning the proposed transaction
and its accompanying exhibits are attached to the Application as Attachment No. 1.Id. at 6
YOU ARE FURTHER NOTIFIED that the Application is available for public inspection
during regular business hours at the Commission's office. The Application is also available on the
Commission's website at www.puc.idaho.gov. Click on the "ELECTRIC" icon, select "Open
Cases," and click on the case number as shown on the front of this document.
YOU ARE FURTHER NOTIFIED that all proceedings in this case will be held pursuant
to the Commission's jurisdiction under Title 61 of the Idaho Code, and that all proceedings in this
matter will be conducted pursuant to the Commission's Rules of Procedure, IDAPA 31.01.01.000
et seq.
NOTICE OF APPLICATION
NOTICE OF INTERVENTION DEADLINE
ORDER NO. 37016 2

NOTICE OF INTERVENTION DEADLINE
YOU ARE FURTHER NOTIFIED that persons desiring to intervene in this matter to
obtain parties' rights of participation must file a Petition to Intervene with the Commission
pursuant to this Commission's Rules of Procedure 72 and 73, IDAPA 31.01.01.072 and -.073.
Persons who wish to intervene as a party must file a Petition to Intervene no later than 21
days after the date of service of this Order. Such persons shall also provide the Commission
Secretary with their email address to facilitate further communications. After the intervention
deadline runs, the Commission Secretary shall issue a Notice of Parties that identifies the parties
and assigns exhibit numbers to each parry. Once the Notice of Parties has issued, Commission
Staff shall informally confer with the Company and any intervening parties about how to further
process this case and shall then report back to the Commission on a proposed case schedule.
YOU ARE FURTHER NOTIFIED that persons who would like to present their views
without parties' rights of participation and cross-examination do not have to intervene but may
present their views by submitting written comments to the Commission.
YOU ARE FURTHER NOTIFIED that the following people are designated as the
Company's representatives in this matter:
Jana Saba Adam Lowney
Director, Regulatory Affairs McDowell Rackner Gibson PC
1407 West North Temple, Suite 310 419 SW 1 lth Ave, Suite 400
Salt Lake City, UT 84116 Portland, OR 97205
Telephone: [phone] Telephone: [phone]
Email:jana.sabakpacificorp.com Email: adanigrarg-law.com
ORDER
IT IS HEREBY ORDERED that persons desiring to intervene in this matter must file a
Petition to Intervene no later than 21 days from the service date of this Order. Once the deadline
has passed, the Commission Secretary shall prepare and issue a Notice of Parties.
IT IS FURTHER ORDERED that, after the Notice of Parties has issued,Commission Staff
shall confer with the parties regarding a procedural schedule for this matter including,if necessary,
a hearing in this matter.
NOTICE OF APPLICATION
NOTICE OF INTERVENTION DEADLINE
ORDER NO. 37016 3

IT IS FURTHER ORDERED that parties comply with Order No. 35375, issued April 21,
2022. Generally, all pleadings should be filed with the Commission electronically and will be
deemed timely filed when received by the Commission Secretary. Rule 14.02. Service between
parties should continue to be accomplished electronically when possible. However, voluminous
discovery-related documents may be filed and served on CD-ROM or a USB flash drive.
DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 30th day of
April 2026.
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EDWARD LODGE, PR DENT
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J R. HAMMOND JR., COMMISSIONER
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DAYN HA DIE, COMMISSIONER
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Commission Secretary
IALegahELECTRIC\PAC-E-26-04_WA assets\orders\PACE2604_ntc_app_int;1.docx
NOTICE OF APPLICATION
NOTICE OF INTERVENTION DEADLINE
ORDER NO. 37016 4