20150529final_order_no_33305.pdf

Office of the Secretary
Service Date
May 29,2015
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE ANNUAL UPDATE
TO PUBLISHED AVOIDED COST RATES
BASED ON THE UPDATED NATURAL GAS
PRICE FORECAST OF THE U.S. ENERGY
INFORMATION ADMINISTRATION (EIA)
AVU-E-15-04
rPC-E-1s-16
PAC-E-14-07
3330s
Pursuant to the Public Utility Regulatory Policies Act of 1978 (PURPA) and the
implementing regulations of the Federal Energy Regulatory Commission (FERC), the Idaho
Public Utilities Commission (Commission) has approved a Surrogate Avoided Resource (SAR)
methodology for calculation of the published avoided cost rates at which PURPA qualifying
cogeneration and small power production facilities (QFs) are paid by Avista, Idaho Power and
PacifiCorp. Avoided cost rates are the purchase price paid to QFs for purchases of QF capacity
and energy. The release of the Annual Energy Outlook by the U.S. Energy Information
Administration (EIA) triggered an updated calculation of avoided cost rates.
EIA UPDATE TO THE NATURAL GAS PRICE FORECAST
One of the key input variables in the computation of published avoided cost rates is
the long-term natural gas price forecast. In accordance with the methodology approved in Order
No. 32697, the "reference case" natural gas price forecast for the Mountain Region's Electric
Power sector included in EIA's Annual Energy Outlook serves as the basis for computing
published avoided cost rates. In Order No. 32697, this Commission stated that each year the
final release of the Annual Energy Outlook should automatically trigger a re-calculation of the
published avoided cost rates. In Order 32802, the Commission clarified that an update should
occur on June 1 or within 30 days of the final release of the Annual Energy Outlook, whichever
is later. This clarification was to accommodate the possibility that the final release of EIA data
does not occur in time to meet the June I effective date.
UPDATED PUBLISHED AVOIDED COST RATES
Commission Staff recomputed published avoided cost rates for Idaho Power, Avista,
and PacifiCorp using EIA's most recent annual natural gas price forecast. Staff provided Avista,
Idaho Power, and PacifiCorp with worksheets on May 7, 2015, for review and comment,
showing the computation of the updated avoided cost rates. Idaho Power, Avista, and PacifiCorp
)) CASE NOS.
)
)
)) ORDERNO.
oRDER NO. 33305
responded by letter accepting Staff s avoided cost calculations based on EIA's Annual Energy
Outlook 2015 natural gas price forecast and consistent with the Commission's approved SAR
methodology.
FINDINGS AND CONCLUSIONS
The Idaho Public Utilities Commission has jurisdiction over Avista Corporation dba
Avista Utilities, Idaho Power Company, and PacifiCorp dba Rocky Mountain Power and the
matters considered in this case pursuant to the authority and power granted it under Title 6l of
the Idaho Code and the Public Utility Regulatory Policies Act of 1978 (PURPA). The
Commission has authority under PURPA and the implementing regulations of the Federal
Energy Regulatory Commission (FERC) to set avoided costs, to order electric utilities to enter
into fixed-term obligations for the purchase of energy from qualified facilities, and to implement
FERC rules.
Pursuant to its authority, the Commission has reviewed and considered the filings of
record. We find that the accuracy of the calculations and the resulting rates disseminated by
Staff based upon EIA's most recent annual natural gas price forecast have not been challenged.
The annual update to the SAR methodology's avoided cost rates is a relatively simple arithmetic
re-calculation. We find the updated published avoided cost rates are fair, just, and reasonable.
ORDER
ft IS HEREBY ORDERED that the updates to published avoided cost rates for
Avista, Idaho Power, and PacifiCorp are approved, effective June 1, 2015.
THIS IS A FINAL ORDER. Any person interested in this Order may petition for
reconsideration within twenty-one (21) days of the service date of this Order. Within seven (7)
days after any person has petitioned for reconsideration, any other person may cross-petition for
reconsideration. See ldaho Code * 6l-626.
ORDER NO. 33305
DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 2?""
day of May 2015.
ATTEST:
O:AVU-E- l5-04 IPC-E- 15- 16-PAC-E- l5-07-djh
PRESIDENT
MACK A:REDFO , COMMISSIONER
MISSIONER
ORDERNO. 33305
F.NCONqqoqulstut\oNNd
r{O0O0O.!qqgoc{r)NNd
(omH<trnotNsffi$uiNNi{
rommrn\4qqorNlrrN
f\ N. (.o (.oqcYqdlNsfroNNH
(ONHd(n d rn. o(nNulN
a.{m\o@@tO.'lN-i cri d c.iC.l d
r{N<tF\olefr!c
@d1/1ddH
dml^0qq\.',1FlmUlNNd
morNqrnrto(,)co d u't r{
dFl
u)N<f(nrYl4rynONUINNd,
(orrtoHNNFOIcO d <l r'l
rooNrotOOF\Ooi^:+Gi
NFNOIor ol rn 00FOnFir-l d
@rnrnul61 1..lnoorHslNdd
ION<tc{o)qryq
FOrtd
rorlolng r.! 4 o-1
o)mslFid
ostddq99e
NOOSINd
dNo't(oe <f (o ctlm<lstH
F. Ol . nl rnolrilqqm$<trla{H
rONt\tnq0cryq€r\ifdH
H\O(c)<tu') n .i ol(ooo<ldd
sfOrN(OOdtO('rfosl<|rlc{d
t\OlNLo)d) aocmslslrlNr{
NcO(r)l..oln60lslrn(ndNd
F.ln0Otqdlqo'lfoutaodNd
c6
EoEEE EF6aEr*ss EEfrEes
EEEEE ti=EEE
0,=gE ,n-oHg5 R
EEoEd
LOF{9r Ruoocttl :,
ll6tri tr(u.o.9=LE(uCL.Pa*s,ib E:P
LO'=6lrl !r li -co.q 8 EE(nl!>r^
ortoL^|aaqqq(oNdfn<fod
ddoNqqa\00 u) cl (n(rnrl
co o t/l rno to' u, (Qoi .i' r{ ^iNN
(oddl$strncnn$dciriSmd
Lntnstrttem!+
^i di d
'Y;*c.ld
NdN(O*o)\oJN6(ONNd
fnc{@\tq4gn'!ol.\om<lNd
msmcn'1'q \ rYF.cO@NN r-l
H$mulqnqc!oo(oor,nmd
F.rnrlHaqu'!rY\OT\IONNd
0O c.l f'. tDNOddNUioiriMN
sf{(ooroo fY) co Hrri r. d ^iN.{
ddytN\{09eu.lrn@(nrfl r{
OlsiF.OHNhOd oi cd ri'(nN
00lnto(oul d-1 ,.1 n<ttoloNNd
corfmo.J n e t"'lg)ONNNN
F-@fO@ulqgry@o)r\NN r-l
oo<tNrYqrynn(o\oNNi
NF-sl(oN(ON(h
^i.idr.ifn a.l
(oNNOrrr!qc0g!.1 (). lr NMN
o)Fslr)qqgnar} u't ro NNd
ot00<lln,nmorHd; L.i ' ,ri GiNH
c,+(,N
moN
€(noN
rom(f,
N
CN(noN
\t(nort
tnanoN
an(noN
moN
d{noN
otnoN
tr)f\rlrOqqoqqOort\tr|lO rl
Nm(nrnooorOlFlN<ilrtNN-l
Nr\mOoq\\qca00NGtNd
(o (),1.. (Dn 4'q nN$IJ1Nr{d
(o(nNNr- F- Fi 6iNd
NOlF.sr\gqndsiil)NNd
d(no(ft4nqq!o t. t. NNd
rrnsfiOncryu')lntOFNN .-l
ooooF.o.1qq.1
ilan(oNN'r{
F\@@66N@oorfirnNNd
AVISTA
AVOIDED COST RATES FOR WIND PROJECTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVEL!ZED
CONTRACT
LENGTH
/YFARST
ON.LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
o
7II
'10
11
12
13
14
't5
16
17
18
19
20
36.14
36.49
35.85
35.82
36.42
37.74
39.00
40.1 6
4',t.20
42.12
43.O2
43.91
44.69
45.37
45.97
46.52
47.O7
47.61
48.14
48.66
36.87
35.69
35.69
36.51
38.14
39.62
40.93
42.08
43.07
44.04
44.99
45.82
45.53
47.15
47.73
48.30
48.86
49.41
49.96
50.51
34.42
35.03
36.37
38.52
40.31
41.81
43.08
44.15
45.1 9
46.20
47.07
47.80
48.44
49.04
49.62
50.21
50.78
51.34
51.92
52.51
35.69
37.46
40.1 0
42.08
43.65
44.94
46.01
47.05
48.08
48.95
49.67
50.30
50.88
51.46
52.04
52.62
53.1 I
53.78
54.38
54.95
39.37 46.0342.57 47.4744.56 48.64
46.05 49.63
47.26 50.4548.24 51.3649.23 52.30
50.22 53.0951.07 53.72
51.74 54.2652.33 54.7752.89 55.3053.44 55.8654.02 56.4254.58 56.9955.16 57.59
55.75 58.22
56.36 58.81
56.95 59.44
57.56 60.1 1
201 5
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
36.14
36.87
34.42
35.69
39.37
46.03
49.02
51.26
53.1 1
54.44
57.08
59.76
60.70
60.85
61.52
62.75
64.81
67.22
69.31
71.76
75.14
78.45
80.37
84.70
89.89
95.35
Note: These rates will be further adjusted with the applicable integration charge.
Note: TheratesshowninthistablehavebeencomputedusingtheU.S.EnergylnformationAdministration(ElA)'sAnnual Energy
Outlook 2015, released April 14, 2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http: //www. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
AVISTA Page 1
AVISTA
AVOIDED COST RATES FOR SOLAR PROJECTS
June {, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVELIZED
CONTRACI
LENGTH
/YFARS'I
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7
8I
10
11
12
13
14
15
16
17
18
19
20
37.42
37.78
36.74
36,51
37.00
38.42
39.77
40.99
42.07
43.03
43.97
44.89
45.70
46.39
47.01
47.59
48.1 5
48.71
49.25
49.78
38.17
36.37
36.1 6
36.87
38.67
40.28
41.67
42.88
43.93
44.94
45.93
46.79
47.52
48.17
48.77
49.35
49.94
50.50
51.06
5'1.63
34.42
35.03
36.37
38.82
40.80
42.42
43.78
44.93
46.02
47.08
47.99
48.76
49.43
50.0s
50.65
51.26
51.85
52.43
53.02
53_62
35.69
37.46
40.52
42.72
44.42
45.80
46.94
48.03
49.1 0
50.01
50.76
51.41
52.O1
52.61
53.22
53.81
54.39
55.00
55.61
56.20
39.37 47.4043.24 48.85
45.45 50.03
47 .05 51.03
48.33 s 1.8649.37 52.7850.40 53.7351.42 54.5352.29 55.1652.99 55.7153.60 56.23s4.17 56.77
54.74 57.34
55.33 57.91
55.9 t 58.4856.49 59.0957.10 59.7257.72 60.3358.32 60.9658.94 61.64
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
37.42
38.',t7
34.42
35.69
39.37
47.40
50.42
52.67
54.54
55.89
58.56
61.26
62.22
62.39
63.08
64.34
66.43
68.86
70.97
73.45
76.85
80.1 I
82.13
86.48
91.70
97.1 I
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook2015,releasedApril14,2015. SeeAnnualEnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
AVISTA Page 2
AVISTA
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
June {, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Payments
Eligibility for these rates is limited to projects smallerthan 10 aMW.
LEVELIZED NON.LEVELIZED
CONTRACI
LENGTH
/YFAR.qI
ON.LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
J
4
5
o
7
8
o
10
11
12
13
14
15
16
17
18
19
20
43.32
43.72
40.86
39.71
39.65
4'1.58
43.29
44.80
46.11
47.26
48.35
49.40
50.33
5 t.13
51.84
52.50
53.14
53.77
54.37
54.96
44.16
39.48
38.31
38.54
41.14
43.29
45.08
46.60
47.88
49.10
50.25
51.26
52.11
52.87
53.57
54.24
54.90
s5.54
56.17
56.80
34.42
35.03
36.37
40.23
43.07
45.28
47.06
48.53
49.89
51.15
52.25
53.1 6
53.96
54.70
55.41
56.1 1
56.78
57.44
58.'t 't
58.77
35.69
37.46
42.48
45.68
47.99
49.79
51.23
52.57
53.82
54.89
55.78
56.55
57.25
57.94
58.63
59.30
59.95
60.62
61.29
61.93
39.37 53.75
46.29 55.25
49.55 56.4751.69 57.5153.31 58.3954.59 59.3455.80 60.34
56.97 61.1 I
57.95 61.8558.76 62.4459.45 62.9960.10 63.5760.75 64.1761.40 64.7762.04 65.38
62.68 66.03
63.34 66.69
64.00 67.3264.64 67.9965.31 68.70
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
43.32
44.16
34.42
35.69
39.37
53.75
56.86
59.21
61.17
62.62
65.39
68.1 I
69.25
69.52
70.32
71.68
73.88
76.42
78.64
81.23
84.75
88.1 9
90.26
94.73
100.07
105.68
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
AVISTA Page 3
AVISTA
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Pavments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
ONTRACI
LENGTH
/YFARS\
ON.LINE YEAR
CONTRACT
YtrAFI
NON-LEVELIZED
FlATtrq2015 2016 2017 2018 2019 2020
1
2
3
4(
o
7
8
9
10
11
12
't3
14
15
16
17
18
19
20
33.36
33.70
33.92
34.31
35.18
36.25
37.35
38.37
39.30
40.13
40.96
41.79
42.52
43.14
43.69
44.21
44.72
45.23
45.73
46.23
34.06
34.23
34.68
35.72
36.97
38.21
39.33
40.33
41.21
42.09
42.96
43.73
44.37
44.94
45.47
46.00
46.53
47.04
47.56
48.08
34.42
35.03
36.37
s7.85
39.24
40.46
41.53
42.45
43.37
44.28
45.07
45.73
46.3'l
46.85
47.39
47.93
48.46
48.99
49.53
50.09
35.69
37.46
39.18
40.70
41.97
43.07
43.99
44.92
45.85
46.65
47.31
47.88
48.42
48.95
49.50
50.04
50.58
51.14
51.71
s2.26
39.37 43.0541.14 44.4642.64 45.6143.87 46.5844.91 47.3945.78 48.2746.69 49.2047.62 49.97
48.40 50.5749.03 5'1.1049.58 51.59s0.10 52.1150.62 52.65
51 . 16 53. 't9
51.70 53.7452.25 54.33
52.82 54.9453.41 55.5253.97 56.1454.57 s6.80
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2035
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
46.00
48.1 9
49.99
51.27
53.87
56.50
57.39
57.49
58.12
59.30
61.31
bJ.b /
65.70
68.1 0
71.42
74.68
76.55
80.82
85.95
91.36
Note: A "seasonal hydro project" is defined as a generation facility which produces at least 55% of its annual generation during the
months of June, July, and August. O,det 32802.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14, 2015. See Annual Energy Outlook 201 5, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
AVISTA Page 4
AVISTA
AVOIDED COST RATES FOR OTHER PROJEGTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON.LEVELIZED
CONTMCT
LENGTH
IYFARS\
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATFS2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7
8I
10
11
12
13
14
15
'16
17
18
19
20
s2.51
52.98
47.26
44.69
43.78
46.49
48.78
50.73
52.39
53.83
55.1 7
56.43
57.54
58.50
59.36
60.1 5
60.90
6 1.64
62.34
63.03
53.48
44.3'l
4'1.65
4't.15
44.99
47.98
50.38
52.37
54.04
55.56
56.98
58.21
59.26
60.1 8
61.03
61.85
62.63
63.39
64.11
64.84
34.42
35.03
36.37
42.43
46.60
49.72
52.16
54.14
55.90
57.49
58.86
60.02
61.03
6 t.94
62.82
63.66
64.46
65.24
66.02
66.78
35.69
37.46
45.53
50.27
53.54
55.99
57.91
59.62
61.17
62.49
63.59
64.54
65.41
66.24
67.06
67.84
68.60
69.37
70.1 3
70.85
39.37 63.6351.04 65.2055.93 66.4958.92 67.6061.06 68.5462.71 69.5664.20 70.6265.60 71.5266.77 72.2567.73 72.9068.56 73.51
69.34 74.15
70.09 74.80
70.84 75.4671.s7 76.1272.30 76.8273.04 77.5373.78 78.2174.49 78.93
75.22 79.68
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
52.51
53.48
34.42
35.69
39.37
63.63
66.88
69.38
71.49
73.09
76.01
78.97
80.1 I
80.62
81.58
83.'l 1
85.47
88.1 9
90.58
93.34
97.04
't00.67
102.92
107.57
'l 13.'t 0
118.91
Note: "Other projects" refers to projects other than wind, solar, non-seasonal hydro, and seasonal hydro projects. These "Other projects"
may include (but are not limited to): cogeneration, biomass, biogas, landfill gas, or geothermal projects.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14, 2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables_ref .cfm#supplemenU
AVISTA Page 5
]DAHO POWER COMPANY
AVOIDED COST RATES FOR WIND PROJECTS
June l, 2015
$/MWh
New Contracts and Replacement Gontracts without Full Capacity Pavments
Eligibility for these rates is limited to projects '100 kW or smaller.
LEVELIZED NON-LEVELlZED
]ONTRACT
LENGTH
IYFARS\
ON.LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
tt
7
8
o
10
11
12
13
14
15
16
17
18
'19
20
33.36
33.70
33.92
34.31
35.'t 7
36.24
37.68
38.96
40.10
41.09
42.O5
42.98
43.80
44.50
45.13
45.70
46.27
46.82
47.36
47.A8
34.06
34.23
34.68
35.72
36.96
38.62
40.o4
41.28
42.33
43.35
44.34
45.20
45.93
46.57
47.16
47.74
48.31
48.87
49.42
49.97
34.42
35.03
Jb.Jb
37.84
39.77
41.35
42.67
43.78
44.85
45.88
46.78
47.52
48.17
48.77
49.36
49.94
50.51
51.07
51.65
52.23
35.69
37.46
39.1 7
41.39
43.09
44.47
45.59
46.68
47.73
48.63
49.37
50.01
50.60
51.'19
s1.78
52.35
52.92
53.51
54.1 0
54.67
s9.37 43.0541.14 45.9943.61 47.6545.33 48.8946.68 49.86
47.7s 50.8648.81 51.8749.84 52.7150_72 53.3751.42 53.9452.03 54.4752.60 55.02
53.17 55.59
53.75 56.1s54.32 56.7354.89 57.3355.49 57.9556.09 58.5456.67 59.1757.28 59.83
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
49.17
51.40
53.25
54.5e
57.23
59.91
60.85
61.00
6'1.68
62.91
64.98
67.39
69.48
71.93
75.31
78.62
80.55
84.88
90.07
95.53
Note: These rates will be further adjusted with the applicable integration charge.
Note: TheratesshowninthistablehavebeencomputedusingtheU.S.EnergylnformationAdministration(ElA)'sAnnual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_refl cfm#supplemenU
IDAHO POWER COMPANY Page 1
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SOLAR PROJECTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTMCT
LENGTH
TYtrARST
ON.LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES201s 2016 2017 2018 2015 2020
1
2
3
4
t
b
7
8I
IU
11
12
'13
14
15
16
17
18
19
20
33.36
33.70
33.92
34.31
35.17
36.24
40.94
44.69
47.76
50.32
52.57
54.59
56.35
57.86
59.1 I
60.39
61.s1
62.56
63.55
64.49
34.06
34.23
34.68
3s.72
36.96
42.59
46.87
50.28
53.05
55.46
57.59
59.43
60.99
62.35
63.58
64.73
65.80
66.81
6t.tI
68.70
34.42
35.03
36.36
37.84
44.73
49.66
53.42
56.38
58.9't
61 .'t 3
63.01
64.59
65.97
67.20
68.35
69.43
70.45
71.41
72.35
73.27
35.69
37.46
39.1 7
47.86
53.50
57.55
60.62
63.20
65.44
67.31
68.86
70.1 9
71.39
72.51
73.57
74.57
75.52
76.45
77.36
78.22
39.37 43.054',t.14 60.03
52.60 66.5058.90 70.23
63.05 72.7666.04 74.8668.52 76.6970.65 78.1972.41 79.4073.84 80.43
75.07 81.37
76.17 82.28
77 .21 83. 17
78.21 84.03
79.16 84.8880.07 85.7380.98 86.5881.87 87.39
82.71 88.2283.56 89.07
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
78.40
81.07
83.35
85.12
88.22
9 1.35
92.75
oe aa
94.51
96.23
98.78
't0'l .69
104.28
107.25
111.'.t4
114.98
't17.44
122.31
128.05
134.07
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,20'15. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http :i/wvwv. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
IDAHO POWER COMPANY Page 2
IDAHO POWER COMPANY
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
June {, 2015
$/MWh
New ContracG and Replacement Contracts without Full Gapacity Pavments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON.LEVELIZED
CONTRACT
LENGTH
ryEARS'I
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
b
7I
I
'10
11
12
't3
14
15
16
17
18
19
20
33.36
33.70
33.92
34.31
35.17
36.24
40.62
44.13
47.02
49.42
51.55
53.47
55.'l 3
56.56
57.82
58.97
60.03
61.04
6'1.98
62.88
34.06
34.23
34.68
35.72
36.96
42.20
46.21
49.41
52.01
54.28
56.31
58.04
59.52
60.82
61.99
63.08
64.11
65.07
65.99
66.88
34.42
35.03
36.36
37.84
44.25
48.85
52.37
55.16
57.54
59.65
61.43
62.94
64.24
65.4'l
66.51
67.54
68.51
69.44
70.34
71.22
35.69
37.46
39.1 7
47.23
52.49
56.28
59.1 6
61.60
63.72
65.49
66.96
68.23
69.37
70.44
71.45
72.41
73.32
74.23
75.11
75.94
39.37 43.05
41.14 58.6751.72 64.6757.58 68.1661.46 70.5364.27 72.5366.60 74.2868.63 75.72
70.30 76.87
71 .66 77.8672.83 78.7673.88 79.6374.88 80.50
75.84 81.33
76.75 82.14
77.63 82.97
78.50 83.80
79.37 84.5980.18 85.4081.01 86.23
2015
2016
2017
20'18
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
75.56
78.1 I
80.43
82.',t6
85.21
88.30
89.65
90.23
91.33
92.99
95.50
98.36
100.90
103.82
107.66
111.45
'l 13.86
118.67
124.37
1 30.33
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14,2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables_ref. cfm#su pplemenU
IDAHO POWER COMPANY Page 3
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACI
LENGTH
(YEARS)
ON.LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7II
10
11
12
13
14
15
16
17
18
19
20
JJ. JO
33.70
33.92
34.31
35.17
36.24
42.84
48.03
52.23
55.70
58.71
61.37
63.66
65.65
67.39
68.96
70.40
71.75
73.00
74.17
34.06
34.23
34.68
35.72
36.96
44.90
50.86
55.53
59.30
62.52
65.32
67.72
69.77
7 t.56
73.16
74.63
76.01
77.28
78.48
79.63
34.42
35.03
36.36
37.84
47_63
54.51
59.68
63.72
67.11
70.02
72.48
74.55
76.35
77.95
79.43
80.80
82.08
83.28
84.43
85.54
35.69
37.46
39.17
51.63
59.57
65.'18
69.39
72.83
75.76
78.20
80.22
81.97
83.52
84.94
86.28
87.52
88.70
89.84
90.93
91.96
39.37 43.0541.14 68.2257.84 77.4966.81 82.67
72.60 86. t ,|
76.72 88.8580.01 s1.1782.78 93.0685.06 94.5886.92 95.8988.51 97.0789.92 98.18
91.24 99.27
92.48 100.30
93.65 101 .3094.76 102.3095.84 't03.28
96.90 104.2297.90 105.1798.89 106.13
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
203S
2040
33.36
34.06
34.42
35.69
39.37
43.05
95.45
98.37
100.90
102.93
I 06.29
109.69
1 1 1.35
112.24
1 13.67
I 15.66
'I 18.s0
121.70
124.58
127.84
132.04
'136.1 I
1 38.96
144.',|4
150.21
'156.55
Note: A "seasonal hydro project" is defined as a generation facility which produces at least 55% of its annual generation during the
months ofJune, July, and August. Order 32802.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14,2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http:i/www. eia. gov/forecasts/aeo/tables_ref.cfm#su pplemenU
IDAHO POWER COMPANY Page 4
IDAHO POWER COMPANY
AVOIDED COST RATES FOR OTHER PROJECTS
June 1, 2015
$/MWh
New Contracts and Replacement Gontracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 't0 aMW.
LEVELIZED NON-LEVELIZED
ONTRACI
LENGTH
TYFARSI
ON-LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
FIATtrS2015 2016 2017 2018 2019 2020
1
2
J
4
5
6
7
II
10
11
12
13
14
15
16
17
18
19
20
33.36
33.70
33.92
34.31
35.17
36.24
39.76
42.62
45.00
46.99
48.78
50.41
51.82
53.04
54.12
55.'l 0
56.01
56.89
57.71
58.50
34.06
34.23
34.68
35.72
36.96
41.16
44.41
47.03
49.1 I
51.09
52.81
54.30
55.56
56.66
57.66
58.60
59.50
60.34
61.15
6'1.95
34.42
35.03
36.36
37.84
42.94
46.66
49.54
51.84
53.84
55.63
57.'t6
58.44
59.55
60.56
61.50
62.41
63.26
64.08
64.89
65.68
35.69
37.46
39,17
45.52
49.74
52.83
55.20
57.24
59.05
60.57
6'1.83
62.92
63.90
64.82
65.71
66.56
67.37
68.1 8
68.98
69.73
39.37 43.054't.14 54.9749.35 59.7054.01 62.5357.'t5 64.5059_45 66.20
61.41 67 .74
63.15 69.0064.59 70.0165.76 70.88
66.76 71.6767.67 72.45
68.54 73.23
69.39 73.9870.20 74.73
70.99 75.4971.79 76.2672.58 76.9973.32 77.7474.08 78.s3
2015
2016
2017
2018
201 I
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
67.86
70.37
72.50
74.11
77.05
80.02
81.25
81.70
82.68
84.22
86.59
89.32
91.74
94.51
s8.22
101.87
104.14
108.81
1 14.36
120.18
Note: "Other projects" refers to projects other than wind, solar, non-seasonal hydro, and seasonal hydro projects. These "Other projects"
may include (but are not limited to): cogeneration, biomass, biogas, landfill gas, or geothermal projects.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Adminishation (ElA)'s Annual Energy
Outlook 2015, released April 14,20'15. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables-ref. cfm#supplemenU
IDAHO POWER COMPANY Page 5
PACIFICORP
AVOIDED COST RATES FOR WIND PROJECTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTMCT
LENGTH
/YtrA Pq'I
ON.LINE YEAR
CONTRACT
VtrAET
NON.LEVELIZED
FIATtrS2015 2016 2017 2014 2019 2020
1
2
J
4
5
6
7
8
I
10
11
12
13
14
15
16
17
18
19
20
36.21
Jb.co
36.80
37.21
38.10
39.19
40.30
41.34
42.29
43.1 3
43.98
44,81
45.56
46.19
46.76
47.29
47.81
48.34
48.84
49.35
36.94
37.14
37.61
38.67
39.93
41.18
42.32
43.34
44.24
45.13
46.02
46.80
47.45
48.04
48.58
49.12
49.66
50.1 I
50.71
51.25
37.35
37.98
39.33
40.84
42.25
43.49
44.57
45.51
46.44
47.37
48.17
48.85
49.44
49.99
50.54
51.10
5'1.64
52.18
52.74
53.30
38.66
40.45
42.19
43.72
4s.02
46.13
47.07
48.02
48.97
49.79
50.46
51.04
51.59
52.14
52.70
53.25
53.81
54.38
54.96
55.52
42.38 46.10
44.17 47.5445.59 48.7146.94 49.7048.01 50.52
48.89 51.4349.82 52.37
50.76 53.'16
51.57 53.79
52.21 54.3352.78 54.8453.31 55.3753.85 55.92
54.40 56.48
54.96 57.05
55.52 57.6556.10 58.2756.70 58.8657.28 59.4957.88 60.16
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
36.21
36.94
37.35
38.66
42.38
46.1 0
49.1 0
51.33
53.'18
54.51
57.1 6
59.84
60.78
60.93
61.60
62.83
64.90
67.31
69.40
71.85
75.23
78.54
80.46
84.79
89.98
95.45
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20lS,Table3.8EnergyPricesbySector-Mountainat
http ://www, eia. gov/forecasts/aeo/tables_ref . cf m#su pplemenU
PACIFICORP Page 1
PACIFICORP
AVOIDED COST RATES FOR SOLAR PROJECTS
June 1, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVELIZED
CONTMCT
LENGTH
lYFARS\
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
o
7
8I
10
11
12
'13
14
't5
16
17
18
19
20
62.42
62.96
63.39
63.98
65.03
66.25
67.57
68.78
69.89
70.89
71.89
72.87
73.76
74.54
75.25
75.92
76.57
77.22
77.86
78.48
63.54
63.93
64.58
65.82
67.26
68.69
70.00
71.18
72.24
73.30
74.34
75.27
76.07
76.80
77.49
78.17
78.84
79.50
80.1 5
80_81
64.34
65.'16
66.70
68.39
69.97
71.39
72.65
73.76
74.85
75.94
76.9'l
77.74
78.48
79.'l 8
79.87
80.57
8',1.25
81.92
82.61
83.30
66.04
68.03
69.96
71.68
73.1 6
74.45
75.56
76.68
77.80
78.78
79.6'l
80.36
8 t.06
81.76
82.46
83.1 6
83.85
84.55
85.27
85.95
70.17 74.2972.15 75.9373.86 77.2975.30 78.4876.55 79.4977.62 80.58
78.73 81.7079.84 82.6780.82 83.4681.63 84.1782.36 84.8583.05 85.5483.74 86.26
84.45 86.97
85.'l 5 87.6985.86 88.4386.58 89.'1987.32 89.9388.02 90.69
88.76 9'1.49
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
62.42
63.54
64.34
66.04
70.17
74.29
77.70
80.35
82.63
84.39
87.48
90.60
91.99
92.59
93.73
95.43
97.98
'100.87
103.46
106.41
1',t0.29
114.11
1 16.56
121.42
127.15
'l 33.16
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using lhe U.S. Energy Information Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20lS,Table3.8EnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cf m#supplement/
PACIFICORP Pase 2
PACIFICORP
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
June 1,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT
LENGTH
(YEARSI
ON-LINE YEAR
CONTMCT
VtrAR
NON.LEVELIZED
RATES201s 2016 2017 2018 2019 2020
1
2
2
4
5
6
7
8I
10
11
12
13
14
15
16
17
18
19
20
59.88
60.40
60.81
51.38
62.42
63.66
64.93
66.1 1
67.21
68.1 9
69.18
70.1s
71.03
71.79
72.48
73.14
73.78
74.42
75.04
75.65
60.96
61.33
61.96
63.'r8
64.61
66.02
67.31
68.48
69.52
70.56
71.59
72.50
73.30
74.01
74.69
75.35
76.01
76.66
77.29
77.94
61.72
62.52
64.04
65.71
67.28
68.68
69.92
71.01
72.10
73.17
74.12
74.93
75.66
76.35
77.03
77.71
78.37
79.03
79.71
80.39
63.38
65.35
67.26
68.96
70.42
71.70
72.80
73.90
75.00
75.96
76.78
77.51
78.20
78.88
79.57
80.25
80.93
81.62
82.33
83.00
67.47 71 .5669.44 73.18
71 .13 74.5272.5s 75.6973.78 76.68
74.83 77.7s75.92 78.8577.02 79.8077.98 80.5878.77 81.2879.49 81.94
80.16 82.6180.84 83.3181.54 84.0182.22 84.7182.91 85.4483.52 85.19
84.35 86.9185.04 87.66
85.75 88.45
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2038
2039
2040
59.88
60.96
61.72
63.38
67.47
71.56
74.92
77.54
79.77
81.49
84.53
87.61
88.96
89.52
90.61
92.27
94.77
97.62
1 00.1 5
103.05
'106.89
1 '10.66
1 13.06
117.86
123.54
1 29.50
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
PACIFICORP Page 3
PACIFICORP
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
June l, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTMCI
LENGTH
/YtrARS\
ON-LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
o
7
I
I
't0
11
12
13
14
15
16
17
18
19
20
77.72
78.36
78.89
79.59
80.74
82.11
83.48
84.78
85.99
87.08
88.1 7
89.24
90.22
91.08
91.87
92.62
93.35
94.07
94.78
95.48
79.06
79.55
80.3'l
81.66
83.21
84.73
86.14
87.42
88.58
85.72
90.85
9't.87
92.77
93.58
94.35
95.1 1
95.86
96.60
97.32
98.05
80.08
8 t.01
82.66
84.46
86.1 5
87.67
89.03
90.23
91.43
92.61
93.67
94.59
95.42
96.21
96.98
s7.76
98.52
99.27
1 00.03
'100.79
82.01 86.38 90.7484.11 88.47 92.49
86.1 5 90.29 93.9787.98 91.85 95.2689.57 93.20 96.38
90.96 94.38 97.58
92.18 95.59 98.81
93.40 95.8't 99.8894.61 97.88 100.7895.69 98.79 101.5896.62 99.61 102.3697.45 100.40 103.1498.24 101.18 103.95
99.03 101.98 104.75
99.82 102.77 105.56100.60 103.55 106.3910'f.37 104.36 107.23102.15 105.'t8 108.05102.95 105.96 108.89'103.70 106.77 109.76
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
77.72
79.06
80.08
82.01
86.38
90.74
94.39
97.28
99.80
101.82
1 05.1 6
1 08.54
1 10.1 9
'11',t.07
112.47
114.45
't17.27
120.45
123.32
1 26.56
130.74
'134.87
137.62
142.79
'148.83
1 55.1 6
Note: A "seasonal hydro project" is defined as a generation facility which produces at least 5570 of its annual generation during the
months ofJune, July, and August. Order 32802.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeoltables_ref . cfm#su pplemenU
PACIFICORP Page 4
PACIFICORP
AVOIDED COST RATES FOR OTHER PROJECTS
June 1, 2015
$iMWh
New ContracG and Replacement Contracts without Full Capacitv Pavments
Eligibility for these rates is limited to projects smaller than l0 aMW.
LEVELIZED NON-LEVELIZED
CONTRACI
LENGTH
lYFARS'I
ON-LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
o
7
8I
10
11
12
13
14
15
16
17
18
19
20
52.97
53.44
53.80
54.33
55.32
55.52
57.74
58.88
59.94
60.88
61.82
62.76
63.59
64.32
64.98
65.60
66.20
66.81
67.40
67.98
53.95
54.27
54.85
56.03
57.41
58.77
60.02
61.15
62.15
63.1 4
64.1 3
65.00
65.76
66.43
67.07
67.70
68.32
68.93
69.54
70.15
54.61
55.36
56.83
58.45
59.98
61.33
62.53
63.57
64.61
65.64
66.55
67.32
68.01
68.66
69.30
69.94
70.57
71.20
71.84
72.48
56.17
58.08
59.95
61.60
63.01
64.24
65.29
bo.5J
67.40
68.33
69.1 0
69.79
70.43
71.08
71.73
72.38
73.02
73.67
74.34
74.98
60.15 64.13
62.06 65.7063.70 66.9965.08 68.1066.26 69.0467.26 70.0768.31 71.1369.36 72.0370.27 72.76
71 .O2 73.4171.69 74.0372.33 74.66
72.97 75.32
73.62 75.98
74.27 76.64
74.92 77.3375.59 78.0476.28 78.73
76.94 79.44
77 .62 80.1 9
2015
201 6
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
203',l
2032
2033
2034
2035
2036
2037
2038
2039
2040
52.97
53.95
54.61
56.'17
60.1 5
64.13
67.39
69.89
72.01
73.62
76.55
79.51
80.74
81 .18
82.1 5
83.68
86.05
88.77
91.18
93.95
97.65
101.29
'103.55
108.21
113.75
1 19.56
Note: "Other projects" refers to projects other than wind, solar, non-seasonal hydro, and seasonal hydro projects. These "Other projects"
may include (but are not limited to): cogeneration, biomass, biogas, landfill gas, or geothermal projects.
Note: TheratesshowninthistablehavebeencomputedusingtheU.S.EnergylnformationAdministration(ElA)'sAnnual Energy
Outlook 20 15, released April 14, 2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http:i/wwu eia. gov/forecasts/aeo/tables_ref. cfm#supplemenU
PACIFICORP Page 5