calc.pdf

LARRY D. RIPLEY ISB #965
Idaho Power Company
P. O. Box 70
Boise , Idaho 83707
Telephone: [phone]
FAX Telephone: [phone]
Attorney for Idaho Power Company
Street Address for Express Mail
1221 West Idaho Street
Boise, Idaho 83702
RECEIVED (1)FILED
Znn2 AUG 15 AM 9: 01
UTILITIES Cm~UTIISSIOH
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE APPLICATION
OF IDAHO POWER COMPANY FOR AN
ENERGY COST FINANCING ORDER AND
AUTHORITY TO INSTITUTE AN ENERGY
COST BOND CHARGE.
IN THE MATTER OF THE APPLICATION
OF IDAHO POWER COMPANY FOR
AUTHORITY TO IMPLEMENT A POWER
COST ADJUSTMENT (PCA) RATE FOR
ELECTRIC SERVICE FROM MAY 16, 2002
THROUGH MAY 15, 2003.
CASE NO. IPC-02-
IPC-02-
CALCULATION OF ADDITIONAL
2002-2003 PCA DEFERRAL
FOR SCHEDULE 19
On June 28, 2002, the Commission issued Order No. 29065 decreasing
the 2002-2003 PCA rates for Schedule 19. In that Order the Commission provided in
pertinent part:
IT IS HEREBY ORDERED that the Petition for
Reconsideration filed by the Industrial Customers of Idaho Power in
Case Nos. IPC-02-2 and IPC-02-3 is partially granted as set
forth above. Effective July 1 2002 , the 2002-2003 PCA revenue
requirement responsibility of Schedule 19 shall decrease to
CALCULATION OF ADDITIONAL 2002-2003 PCA DEFERRAL FOR SCHEDULE 19, Page
$87 554 281. The difference between this amount and
$91 691 204, less the six-week adjustment discussed above , shall
be deferred for recovery from Schedule 19 customers until the
2003-2004 PCA period.
* * * *
IT IS FURTHER ORDERED that the amounts deferred for
recovery in this Order and Order No. 29026 shall be explicitly
assigned to the classes that generated the accrual for recovery
during the 2003-2004 PCA period. With regard to Schedule 19
customers , the Commission orders the Company to calculate the
amount that has been collected in this six-week period , reduce the
carryover to the next year s PCA by that amount, and file that
amount with its monthly PCA report.
The Company has calculated the six-week adjustment as follows:
Increase Rate 19 rates for the 2002-2003 PCA
Less: Revenues Collected 5/16/2002-6/30/2002
$91 691 204.
87,554,281.
$, 4 136,923.
501 518.
Revenue Order No. 29026
Less: Revenue Order No. 28852
Deferral to 2003-2004 PCA Year $ 3.635,404.
As provided in Order No. 29065 , the amount of $3,635,404.69 will be reflected as the
additional Schedule 19 deferral in the Company s PCA report and interest will be
calculated on this amount from July 1 , 2002 , through March 31 , 2003, at six percent
(6%). The total accumulated interest during the July 1 2002 through March 31 2003
period will be $163,593.21. Thus, the Schedule 19 total deferred balance with interest
at March 31 2003 will be $3 798,997.90.
CALCULATION OF ADDITIONAL 2002-2003 PCA DEFERRAL FOR SCHEDULE19, Page 2
Respectfully submitted this 14th day of August, 2002.
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LARRY IJ: RIPLEY
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Attorney for Idaho Power Company
CALCULATION OF ADDITIONAL 2002-2003 PCA DEFERRAL FOR SCHEDULE 19, Page 3