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HomeMy WebLinkAbout20150420_4651.pdfDECISION MEMORANDUM 1 DECISION MEMORANDUM TO: COMMISSIONER KJELLANDER COMMISSIONER REDFORD COMMISSIONER RAPER COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: KARL T. KLEIN DEPUTY ATTORNEY GENERAL DATE: APRIL 16, 2015 SUBJECT: IDAHO POWER’S PCA APPLICATION, CASE NO. IPC-E-15-14 On April 15, 2015, Idaho Power Company filed its annual Power Cost Adjustment (PCA) Application. The Company maintains that if the Application is approved, the Company’s Idaho customers collectively would pay about $10.1 million (or 0.91%) less for electricity in the upcoming year than they do now, and a typical residential customer’s bill would decrease by about 47¢ per month. The Company’s Application would impact major customer classes as follows: Proposed 2015 Revenue Impact by Class: Percentage Decrease from Current Billed Rates (0.45%) (0.07%) (1.15%) (1.83%) (0.91%) (0.91%) Source: Application Attach. 2, Revenue Impact Summary; See also, News Release filed with Application. The percent decrease to billed revenue for the Company’s three special contract customers during the PCA year would be as follows: Micron—(2.22%); Simplot—(2.45%); DOE (INL)— (2.31%). The Company’s proposed PCA adjustments are reflected in an updated Schedule 55, which is attached to the Application. The Company requests that the new rates take effect on June 1, 2015, and that the case be processed by Modified Procedure. DECISION MEMORANDUM 2 STAFF RECOMMENDATION As in past years, the Company asks the Commission to process its Application under Modified Procedure. Staff concurs with the use of Modified Procedure. Given the current demands on Staff, Staff recommends a May 15, 2015 comment deadline and a May 20, 2015 reply deadline. COMMISSION DECISION Does the Commission wish to process the Application by Modified Procedure with a May 15, 2015 comment deadline and a May 20, 2015 reply deadline? Karl Klein Karl Klein Deputy Attorney General M:IPC-E-15-14_kk