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HomeMy WebLinkAbout20180423Pac to Staff UT WRA Set 3 (1).pdf1407 W.NorthTemple ROCKY MOUNTAIN Salt Lake City,UT 84116 POWER A DMSION OF PACIFICORP April 16,2018 Nancy Kelly Western Resource Advocates 9463 N.Swallow Rd. Pocatello,ID 83201 nkelly_@westernreso_urces.o_rg(C) Jennifer Gardner Western Resource Advocates 150 South 600 East,Suite 2A Salt Lake City UT 84102 jennifer.gardner@westernresources.org(C) Penny Anderson penny.anderson@westernresources.org (W) RE:UT Docket No.17-035-40 WRA 3rd Set Data Request (1) Please find enclosed Rocky Mountain Power's Response to WRA 3rd Set Data Request 3.1. Provided on the enclosed Confidential CD is Confidential Attachment WRA 3.1.Confidential information is provided subject to Public Service Commission of Utah (UPSC)Rules 746-1-602 and 603. If you have any questions,please call me at (801)220-2823. Sincerely, Jana Saba Manager,Regulation Enclosures C.c.:Dan Kohler/DPU dkoehler@daymarkea.com(C) Dan Peaco/DPU dpeaco@daymarkea.com (C)(W) Aliea Afnan/DPU aafnan@daymarkea.com (W) ibower@day_markea.coin (W) Béla Vastag/OCS bvastag@utah.gov(C) Philip Hayet/OCS phayet@ikenn.com (C) Gary A.Dodge/UAE gdodge@hjdlaw.com (C) PhillipRussell/UAE prussell@hidlaw.com (C) Kevin Higgins/UAE khiggins@eneravstrat.com(C) Neal Townsend/UAE ntownsend@energystrat.com(C)(W) Kate Bowman/UCE kate@utahcleanenergy.ore(C) Emma Rieves/UCE emma@utahcleanenergy.ore(C)(W) Erika Tedder/DPU dpudatarequest@utah.govetedder@utah.gov(C) Lisa Tormoen Hickey/Interwestlisahickey@newlawaroup.com (C_} Mitch Longson/Interwest mlongson@mc2b.com(C_} Peter J.Mattheis/Nucor pjm@smxblaw.com (C) Eric J.Lacey/Nucor ejl@smxblaw.com (C)(W) William J.Evans/UIEC bevans@parsonsbehle.com Vicki M.Baldwin/UIEC vbaldwin@parsonsbehle.com(W) Chad C.Baker/UIEC cbaker@parsonsbehle.com (W) 17-035-40 /Rocky Mountain Power April 16,2018 WRA Data Request 3.1 WRA Data Request 3.1 Your response to DPU Data Request 13.1 (c)indicates that with regard to the results from the January 16 filing,replacing levelized PTCs with nominal PTCs results in approximately $191 million in costs in all price-policy scenarios.Please update this estimate with the most current information.Using the most current information,for each price policy scenario,please provide the impact on costs if nominal capital costs replaced levelized capital costs. Response to WRA Data Request 3.1 Production tax credit (PTC)estimates have been updated based on the final short list determined in the 2017 Renewable Request for Proposals (2017R RFP).Please refer to Confidential Attachment WRA 3.1,which provides an updated estimate of the impact of using nominal PTCs as a component of the real levelized 20-year study period results. The example provided is the final shortlist medium gas,medium carbon dioxide (CO2) case (_Rl7-FSLW-MM),however the same estimated present value of revenue requirements (PVRR)impact (approximately $214 million increased cost)can be applied to all price-policy scenarios. Nominal captial costs are applied in the 2017 through 2050 results for each price-policy scenario in the Planning and Risk (PaR)model analysis.Please refer to the confidential work paper supporting the second supplemental direct testimony of Company witness, Rick T.Link,specifically file "EV2020 Second Supp Results Summary File -VOM adjusted",tab "PaR -RFP FSLW Studies",and then specifically the "red"blocks of data "PVRR(d)(Benefit)/Cost:Nom 2050". Confidential information is provided subject to Public Service Commission of Utah (UPSC)Rule 746-1-602 and 746-1-603.