Loading...
HomeMy WebLinkAbout20220816_AVUE2207_cs.pdfDECISION MEMORANDUM 1 DECISION MEMORANDUM TO: COMMISSIONER ANDERSON COMMISSIONER CHATBURN COMMISSIONER HAMMOND COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: CLAIRE SHARP DEPUTY ATTORNEY GENERAL DATE: AUGUST 16, 2022 RE: AVISTA’S COMPLIANCE FILING IN THE MATTER OF THE JOINT PETITION OF AVISTA CORPORATION AND FORD HYDRO LIMITED PARTNERSHIP FOR APPROVAL OF A POWER PURCHASE AND SALE AGREEMENT; CASE NO AVU-E-22-07. BACKGROUND On August 8, 2022, the Commission issued Order No. 35489, which approved the Second Amended and Restated Power Purchase Agreement (“Second Amended PPA”) between Avista Corporation d/b/a Avista Utilities (“Company”) and Ford Hydro Limited Partnership (“Seller”), effective as of July 1, 2022, conditioned on the parties updating Section 9.7 Modification to the Facility/Avista Right to Inspect. On August 10, 2022, Avista filed Amendment 1 to the Second Amended PPA (“Amendment 1”) to comply with the Order. STAFF ANALYSIS Staff has reviewed Amendment 1 and the updated Section 9.7 complies with Order No. 35489. The parties entered into Amendment 1 on August 10, 2022, and requested that Amendment 1 be effective on August 10, 2022, or such other date as set by the Commission. Staff believes it is reasonable to set an effective date of Amendment 1 based on when the parties entered into the Amendment. STAFF RECOMMENDATION Staff recommends that the Commission approve Amendment 1 with a retroactive effective date of August 10, 2022. DECISION MEMORANDUM 2 COMMISSION DECISION Does the Commission wish to approve Amendment 1 with a retroactive effective date of August 10, 2022? _____________________________ Claire Sharp Deputy Attorney General I:\Legal\ELECTRIC\AVU-E-22-07 Ford Hydro\memos\AVUE2207_memo2_cs.docx