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HomeMy WebLinkAbout20231116IPC to Staff 5-6.pdf MEGAN GOICOECHEA ALLEN Corporate Counsel mgoicoecheaallen@idahopower.com November 16, 2023 VIA ELECTRONIC MAIL Jan Noriyuki, Secretary Idaho Public Utilities Commission 11331 West Chinden Blvd., Building 8 Suite 201-A Boise, Idaho 83714 Re: Case No. IPC-E-23-25 Idaho Power Company’s Annual Compliance Filing to Update the Load and Gas Forecast in the Incremental Cost Integrated Resource Plan Avoided Cost Model Dear Ms. Noriyuki: Attached for electronic filing is Idaho Power Company’s Response to the Second Production Request of the Commission Staff to Idaho Power Company in the above- entitled matter. If you have any questions about the attached documents, please do not hesitate to contact me. Very truly yours, Megan Goicoechea-Allen MGA:cld Enclosures RECEIVED Thursday, November 16, 2023 3:50:21 PM IDAHO PUBLIC UTILITIES COMMISSION IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF - 1 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) 388-5317 Facsimile: (208) 388-6936 mgoicoecheaallen@idahopower.com dwalker@idahopower.com Attorneys for Idaho Power Company BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IDAHO POWER COMPANY’S ANNUAL COMPLIANCE FILING TO UPDATE THE LOAD AND GAS FORECASTS IN THE INCREMENTAL COST INTEGRATED RESOURCE PLAN AVOIDED COST MODEL. ) ) ) ) ) ) ) ) CASE NO. IPC-E-23-25 IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF COMES NOW, Idaho Power Company (“Idaho Power” or “Company”), and in response to the Second Production Request of the Commission Staff (“Commission” or “Staff”) dated November 9, 2023, herewith submits the following information: IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF - 2 STAFF REQUEST FOR PRODUCTION NO. 5: Please respond to the following regarding the proposed load. a. When was the proposed load created? b. Please confirm that the proposed load is based on 70th percentile of load; c. Please explain why and how the Company determined that the 70th percentile energy load forecast was the right level to use for its planning case. Please provide evidence and any workpapers to explain the answer; d. Please provide the timeframe of load data used to develop the load forecast; e. Please explain how the load data was collected; and f. Please explain what "70th percentile" means. RESPONSE TO STAFF’S REQUEST FOR PRODUCTION NO. 5: a. The proposed load forecast represented in IPC-E-23-25 was developed in the third quarter of 2023. b. No, the proposed load forecast within IPC-E-23-25 is not based on the 70th percentile of load. It is consistent with previous filings and represents the 50th percentile of load. c. As noted in part b, the Company did not use the 70th percentile forecast for this filing. d. The Company uses several different ordinary least squares (“OLS”) models and a statistically-adjusted end-use (“SAE”) model segmented by customer class. As such, each may represent a slightly different training period of historical data. In general, most OLS models use 20-years of history while the residential customer class, the sole SAE model, uses approximately 15-years of historical data. IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF - 3 e. The models discussed in d. have a left-hand side, or dependent variable, of billed sales. Historical data is collected through the company’s billing month metered data. f. As noted in b. the Company did not use the 70th percentile in development of the filing represented in docket IPC-E-23-25. However, for context, the 70th percentile would represent the different weather percentiles for weather-sensitive customer classes. The response to this Request is sponsored by Jordan Prassinos, Manager Load Forecast and Principal Economist, Idaho Power Company. IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF - 4 STAFF REQUEST FOR PRODUCTION NO. 6: Please explain what percentile of load was used in Case No. IPC-E-22-26. If the percentile was different than the percentile proposed in this case, please quantify the difference between the two load forecasts due to the different percentiles. RESPONSE TO STAFF’S REQUEST FOR PRODUCTION NO. 6: As noted in the Company’s response to 5b. the Company used the 50th percentile in both Case No. IPC- E-22-26 and Case No. IPC-E-23-25. The reconciliation of the differences of the forecasts of the different case numbers would be consistent with the information included within the Company’s filing in IPC-E-23-25. The response to this Request is sponsored by Jordan Prassinos, Manager Load Forecast and Principal Economist, Idaho Power Company. Respectfully submitted this 16th day of November 2023. Megan Goicoechea Allen Attorney for Idaho Power Company IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF - 5 CERTIFICATE OF SERVICE I HEREBY CERTIFY that on this 16th day of November 2023, I served a true and correct copy of the within and foregoing IDAHO POWER COMPANY’S RESPONSE TO THE SECOND PRODUCTION REQUEST OF THE COMMISSION STAFF upon the following named parties by the method indicated below, and addressed to the following: Adam Triplett Deputy Attorneys General Idaho Public Utilities Commission P.O. Box 83720 Boise, ID 83720-0074 Hand Delivered U.S. Mail Overnight Mail FAX X Email – adam.triplett@puc.idaho.gov ________________________________ Christy Davenport, Legal Assistant