HomeMy WebLinkAbout20220315_tb1.pdfDECISION MEMORANDUM 1
DECISION MEMORANDUM
TO: COMMISSIONER ANDERSON
COMMISSIONER CHATBURN
COMMISSIONER HAMMOND
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL
FROM: TAYLOR R. BROOKS
DEPUTY ATTORNEY GENERAL
DATE: MARCH 15, 2022
SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY’S APPLICATION FOR
A DETERMINATION VALIDATING THE NORTH VALMY POWER
PLANT BALANCING ACCOUNT TRUE-UP; CASE NO. IPC-E-22-05.
On February 28, 2022, Idaho Power Company (“Company”) applied to the Idaho
Public Utilities Commission (“Commission”) for an order (1) finding that all actual North Valmy
Power Plant (“Valmy”) investments during the January 1, 2019, through December 31, 2021, time
period were prudently incurred, (2) validating that the Company has accurately quantified the
Valmy balancing account true-up as a result of the inclusion of actual costs through December 31,
2021, and updated forecasted investments through December 31, 2025, and (3) confirming this
request satisfies the annual reporting required by Commission Order No. 34349. Application at 1.
The Company requested that its Application be processed by Modified Procedure. Id. at 6.
STAFF RECOMMENDATION
Staff recommends the Commission issue a Notice of Application and Notice of
Modified Procedure. Staff recommends that the Commission set a public comment deadline of
June 22, 2022, and Company reply deadline of July 8, 2022.
COMMISSION DECISION
Does the Commission wish to issue a Notice of Application and Notice of Modified
Procedure with comments due by June 22, 2022, and Company reply comments by July 8, 2022?
______________________________
Taylor R. Brooks
Deputy Attorney General
I:\Legal\ELECTRIC\IPC-E-22-05 Valmy\memos\IPCE2205_dec_tb.docx