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HomeMy WebLinkAbout20260702Comments.pdf qN -HIQAW POWER. RECEIVED MEGAN GOICOECHEA ALLEN July 2, 2026 Corporate Counsel IDAHO PUBLIC mgoicoecheaallen(a_idahopower.com UTILITIES COMMISSION July 2, 2026 Commission Secretary Idaho Public Utilities Commission 11331 W. Chinden Boulevard Building 8, Suite 201-A Boise, Idaho 83714 Re: Case No. IPC-E-26-13 Commission Staff's Application to Update Inputs to the Surrogate Avoided Resource ("SAR") Method and SAR-Based Avoided Cost Rates Dear Commission Secretary: Attached for electronic filing, please find Idaho Power Company's Comments in the above-entitled matter. If you have any questions about the attached documents, please do not hesitate to contact me. Sincerely, 4v�r T i U�C�.A QJix�r�l Megan Goicoechea Allen MGA:cd Attachments 1221 W. Idaho St(83702) P.O.Box 70 Boise, ID 83707 MEGAN GOICOECHEA ALLEN (ISB No. 7623) DONOVAN E. WALKER (ISB No. 5921) Idaho Power Company 1221 West Idaho Street (83702) P.O. Box 70 Boise, Idaho 83707 Telephone: (208) 388-2649 Facsimile: (208) 388-6936 mgoicoecheaallen(a-),idahopower.com dwalker(a-)_idahopower.com Attorneys for Idaho Power Company BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF COMMISSION ) STAFF'S APPLICATION TO UPDATE ) CASE NO. IPC-E-26-13 INPUTS TO THE SURROGATE AVOIDED ) RESOURCE ("SAR") METHOD AND SAR- ) IDAHO POWER COMPANY'S BASED AVOIDED COST RATES ) COMMENTS Idaho Power Company ("Idaho Power" or "Company"), in accordance with Commission Rule of Procedure 203 and the applicable provisions of the Public Utility Regulatory Policies Act of 1978 ("PURPA"), as well as the Idaho Public Utilities Commission's ("Commission") Notice of Modified Procedure in this matter, Order No. 37068, hereby respectfully submits the following Comments. Pursuant to Order No. 32697, Commission Staff ("Staff") annually updates the surrogate avoided resource ("SAR") avoided cost model with the most recent gas forecasts provided by the U.S. Energy Information Administration ("EIA") Annual Energy Outlook. In Order Nos. 32737 and 32802, the Commission clarified that the annual update IDAHO POWER COMPANY'S COMMENTS - 1 should occur on June 1 or within 30 days of the final release of the EIA Annual Energy Outlook, whichever is later. In accordance with the Commission's orders, on May 5, 2026, Staff applied to the Commission for an order updating Idaho Power's SAR model with the EIA's most recent natural gas price forecast and approving the resulting SAR-based avoided cost rates. In addition, Commission Staff requested that the Commission modify the processing timeline for this annual update to better align with the EIA Annual Energy Outlook publishing date. More specifically, Staff recommends that the Commission require the annual update to be initiated within one month of the publishing date, with an effective date within three months of the publishing date, and that the Commission adopt the same effective date for all three Idaho regulated utilities. The Company has reviewed the information in Staff's Application and the SAR model provided by Staff in the case file, which includes updated gas price forecast inputs to the SAR model based on the EIA's Annual Energy Outlook. Idaho Power believes the natural gas forecast utilized by Staff has been correctly updated in the model and agrees that the calculations for the Company are consistent with the SAR methodology approved by the Commission. Additionally, the Company supports the new processing timeline for the annual update proposed by Staff. Respectfully submitted this 2nd day of July, 2026. Awr T I I l MEGAN GOICOECHEA ALLEN Attorney for Idaho Power Company IDAHO POWER COMPANY'S COMMENTS - 2 CERTIFICATE OF SERVICE I HEREBY CERTIFY that on the 2nd day of July 2026, 1 served a true and correct copy of Idaho Power Company's Comments upon the following named parties by the method indicated below, and addressed to the following: Commission Staff Hand Delivered Jeffrey R. Loll 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 - jeff.loll(a�puc.idaho.gov PO Box 83720 Boise, ID 83720-0074 Christy Davenport Legal Administrative Assistant IDAHO POWER COMPANY'S COMMENTS - 3