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HomeMy WebLinkAbout20231024_AVUE2314_cb.pdfDECISION MEMORANDUM 1 DECISION MEMORANDUM TO: COMMISSIONER ANDERSON COMMISSIONER HAMMOND COMMISSIONER LODGE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: CHRIS BURDIN DEPUTY ATTORNEY GENERAL DATE: OCTOBER 24, 2023 SUBJECT: IN THE MATTER OF THE JOINT PETITION OF AVISTA CORPORATION AND STIMSON LUMBER COMPANY FOR APPROVAL OF AMENDMENT NO. 3 TO POWER PURCHASE AND SALE AGREEMENT; CASE NO. AVU-E-23-14. On September 21, 2023, Avista Corporation d/b/a/ Avista Utilities (“Avista”) and Stimson Lumber Company (“Stimson”) (collectively “the Parties”) filed a joint application (“Application”) with the Idaho Public Utilities Commission (“Commission”) requesting an order approving Amendment No. 3 to the Power Purchase Agreement (“Agreement”) between the Parties. The Parties represent that Amendment No. 3 extends the term of the Agreement through December 31, 2025, and updates the Agreement to apply the current published avoided cost rates to all power purchases by Avista under the Agreement during the period from January 1, 2024, through December 31, 2025. The Parties request that the Commission issue an order accepting Amendment No. 3 with an effective date of January 1, 2024. STAFF RECOMMENDATION Staff recommends that the Commission issue a Notice of Application and Notice of Modified Procedure setting a twenty-one (21) day initial comment deadline, followed by a seven (7) day reply comment deadline. COMMISSION DECISION Does the Commission wish to issue a Notice of Application and Notice of Modified Procedure setting a twenty-one (21) day initial comment deadline, followed by a seven (7) day reply comment deadline? __________________________ Chris Burdin Deputy Attorney General I:\Legal\ELECTRIC\AVU-E-23-14_Stimson PPA\memos\AVUE2314_dec1_cb.docx