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HomeMy WebLinkAbout20050829_1310.pdfDECISION MEMORANDUM TO:COMMISSIONER KJELLANDER COMMISSIONER SMITH COMMISSIONER HANSEN COMMISSION SECRETARY COMMISSION STAFF LEG AL FROM:WELDON STUTZMAN DATE:AUGUST 24, 2005 SUBJECT:CASE NO. A VU-05-6; APPLICATION BY A VISTA CORPORATION FOR AN ORDER APPROVING RECOVERY OF DEFERRED POWER COSTS On August 11 , 2005, A vista Corporation filed an Application for a Commission Order approving recovery of power costs deferred through June 30, 2005. The Company proposes to recover the deferred expense by continuing the existing PCA surcharge. The Company requested the Commission process its Application by Modified Procedure. A vista explains in its Application that, pursuant to Commission Order No. 29605 entered in Case No. A VU-04-, its Application serves as the PCA Status Report for 12 months ended June 30, 2005. The Company identified the power cost deferrals during the review period. The deferral balance was $26.1 million at June 30, 2004, but the deferral balance was reduced to $5.9 million as of June 30, 2005. The existing PCA surcharge produces annual revenues of approximate $4 268 000. The Company proposes that the existing surcharge remain in place and that the surcharge rates be reviewed again when the PCA status report is filed next year covering the July 2005 through June 2006 period. Staff recommends that the Application of A vista for an Order approving recovery of power costs deferred through June 30, 2005, be processed by Modified Procedure COMMISSION DECISION Should the Application of A vista Corporation for an Order approving recovery of power costs deferred through June 30, 2005 , be processed by Modified Procedure? r\., - ------= --------- Weldon B. Stutzman blsIM:A VUEO506 ws