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HomeMy WebLinkAbout20170516Attorney General Letter.pdf':-:i"::1,'..i"\ r.-..-t;*u . , I - !.1[.]. D'), Ir*r I ii'.,r'a*.l STATE OF IDAHO OFFICE OF THE ATTORNEY GENERAL LAWRENCE G. WASDEN VIA E-MAIL May 16,2017 Avista Corporation Michael Andrea michael.andrea@avistacorp.com Avista Utilities 1411E. Mission POBox3727 Spokane, WA99220-3727 Roclry Mountain Power Yvonne Hogle yvonne.hogle@pacifi corp.com Ted Weston ted.weston@pacifi corp.com PacifiCorp dba Rocky Mountain Power 1407 West North Temple, Suite 330 salt Lake city, uT 84116 Idaho Power Company Donovan E. Walker dwalker@idahopower.com Idaho Power Company PO Box 70 Boise, ID 83707-007 Clint Kalich cl int.kalich@avi stacom.com Avista Utilities 141I E. Mission POBox3727 Spokane, WA99220-3727 Daniel MacNeil daniel.macneil@pacifi corp.com PacifiCorp dba Rocky Mountain Power 825 NE Multnomah Street Portland, OR97232 Michael Darrington MDarrin gton@ idahopower. com Idaho Power Company PO Box 70 Boise, ID 83707-0070 Re: Case Nos. IPC-E-17-07, PAC-E-17-05, AVU-E-17-02 -- Update to Published Avoided Cost Rates to Reflect an Updated Natural Gas Price Forecast of the U.S. Enerry Information Administration (EIA) 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 avoided cost rates at which PURPA qualiffing cogeneration and small power production facilities ("quali$ing facilities" or 'oQFs") are paid by Idaho Power, Avista, and Contracts & Administrative Law Division, ldaho Public Utilities Commission P.O. Box 83720, Boise, ldaho 83720-0074, Telephone: (208) 334-0300, FAX: (208) 3349-3762, Email: ipuc@puc.state.id.us Located at 472 West Washington St., Boise, ldaho 33702 May 16,2017 Page2 PacifiCorp. Avoided cost rates are the purchase price paid to QFs for purchases of QF capacity and energy. The release of a new natural gas price forecast by the U.S. Energy Information Administration (EIA) triggered an updated calculation of avoided cost rates. 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 avoided cost rates. In Order No. 32697, the Commission also found that the final release of Annual Energy Outlook automatically triggers a recalculation of the published avoided cost rates. In Order No. 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. EIA released the Annual Energy Outlook 2017 on January 5,2017. Staff has used this forecast to compute the new published avoided cost rates. A copy of the relevant natural gas price forecast is attached. Also attached are updated published avoided cost rates for all three utilities. Please review the rates and file your respective responses (either written or via e-mail) with the Commission on or prior to June 10, 2017. The case caption is as follows: UPDATE TO PUBLISHED AVOIDED COST RATES TO REFLECT AN UPDATED NATURAL GAS PRICE FORECAST OF THE U.S. ENERGY INFORMATION ADMINISTRATION (EIA) Thank you for your cooperation. Please contact Yao Yin (yao.yin@puc.idaho.gov) for an electronic copy of the most recent SAR model. Please feel free to contact me or Yao if you have any questions. Sincerely, J. 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F.lN oo)ocl oaoN OrtYtoN 6rvtoal moN ro(noat r,lI'c,N ql(t,loN dtdto.{ NrYioN avtoN ofrtoN orrtoN 6NoN NoN (oNoN r,lNc,N rnq F{ Ncd o)o)o rOo'!o sto)o Flolo otogo rooqo tqo Nogo t-.,|oqo oogo @\o (oT\c, +N c, m' sfr-{ I oq tvl , tr-l I (\0q\t o)\$ Ftq sl q mFl slq Fl Nq r{ AVISTA AVOIDED COST RATES FOR WIND PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Full Capacity Payments Eligibility for these rates is limited to projects 100 kW or smaller. LEVELIZED NON.LEVELIZEO CONTRACT LENGTH ryEARS) ON.LINE YEAR CONTRACT YEAR NON-LEVELIZED RATES20'17 2018 19 2020 2021 2022 1 2 3 4 5 6 7 8I 10 11 12 13 14 15 't6 17 18 19 20 28.61 29.99 31.36 33.04 34.1 9 34.91 35.51 36.1 1 36.65 37.6'l 38.3'l 38.95 39.56 40.10 40.59 41.05 41.48 41.88 42.28 42.65 31.48 32.89 34.76 35.88 36.48 36.99 37.55 38.28 39.04 39,75 40.39 41.00 41.54 42.03 42.50 42.92 43.33 43.72 44.11 44.48 34.42 36.59 37.58 37.99 38.37 38.86 39.58 40.36 41.07 41.72 42.33 42.87 43.36 43.83 44.25 44.66 45.06 45.45 45.83 46.1 I 38.93 39.35 39.38 39.56 39.97 40.69 41.49 42.22 42.88 43.50 44.05 44.54 45.01 45.44 45.85 46.25 46.65 47.04 47.41 47.77 39.80 39.62 39.81 40.28 41.13 42.05 42.85 43.56 44.23 44.81 45.33 45.81 46.26 46.68 47.10 47.51 47.92 48.31 48.68 49.06 39.43 39.81 40.46 41.53 42.61 43.51 44.29 45.00 45.61 46,1 5 46.65 47.11 47.55 47.98 48.41 4E.E3 49.23 49.63 50.02 50.39 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 202E 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.48 34.42 38.93 39.80 39.43 40.22 41.93 45.26 47.84 49.20 50.42 51.88 52.60 53.33 54.48 55.32 56.55 57.99 59.45 61.10 62.26 63.60 65.68 66.82 68.84 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 Outlook 2017,releasedJanuary2017. SeeAnnual EnergyOutlook20lT,Table3.SEnergyPricesbySector-Mountainat https://www. eia. gov/outlooks/aeo/tables_ref . cfm AVISTA Page 1 AVISTA AVOIDED COST RATES FOR SOLAR PROJECTS xxxx xx,2017 $/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 CONTRACT LENGTH ON.LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES2017201820112022 1 2 3 4 5 6 7II 10 11 12 13 14 't5 16 17 18 19 20 28.61 29.99 31.36 33.34 34.69 35.53 36.22 36.89 37.6E 38.49 39.23 39.90 40.54 41 .11 41.62 42.10 42.54 42.97 43.37 43.77 31.48 32.89 35.1 I 36.52 37.26 37.86 38.48 39.26 40.07 40.81 41.48 42.1',l 42.68 43.19 43.67 44.11 44.53 44.94 45.34 45.72 34.42 37.25 38.47 39.00 39.45 39.99 40.75 41.56 42.29 42.96 43.60 44.16 44.66 45.14 45.58 46.00 46.41 46.81 47.20 47.57 40.31 40.74 40.77 40.97 41.38 42.11 42.92 43.66 44.33 44.96 45.52 46.02 46.49 46.92 47.34 47.75 46.1 6 48.55 48.93 49.30 41.20 41.03 41.22 41.70 42.56 43.49 44.30 45.O2 45.70 46.29 46.8't 47.30 47.76 48. 't9 48.62 49.04 49.45 49.84 50.23 50.61 40.85 41.23 41.90 42.97 44.06 44.97 45.76 46.48 47.10 47.64 48.16 48.62 49.07 49.51 49.95 50.38 50.78 5't .18 51.58 51.96 2017 2018 201 9 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 3't.48 34.42 40.31 41.20 40.85 41.65 43.38 46.74 49.34 50.72 51.97 53.45 54.'t 9 54.95 56.1 'l 56.98 58.23 59.70 6t. t9 62.86 64.05 65.61 67.52 68.69 70.73 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 Outlook 20'17, released January 2017 . See Annual Energy Outlook 2017, Table 3.8 Energy Prices by Sector-Mountain at https://www. eia. gov/outlooks/aeo/tables-ref . cfm AVISTA Page 2 AVISTA AVOIDED COST RATES FOR NON.SEASONAL HYDRO PROJECTS xxxx xx,2017 $/MWh New Contracts and Replacement Contracte without Full Capacitv Payments Eligibility for these rates is limited to projects smatler than 10 aMW LEVELIZED NON.LEVELIZED CONTRACT LENGTH ffEARS'I ON.LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES20't7 2018 2019 2020 2021 2022 1 2 3 4 5 6 7 8 I 10 11 12 13 14 15 16 17 18 19 20 28.61 29.99 31.36 34.76 36.96 38 38 39.49 40.49 41.55 42.57 43.48 44.31 45.08 45.76 46.38 46.95 47.48 47.9E 48.46 48.92 31.48 32.89 37.14 39.47 40.82 41.84 42.77 43.79 44.79 45.69 46.50 47.25 47.92 48.52 49.0E 49.60 50.09 50.56 51.02 5'1.46 34.42 40.31 42.57 43.64 44.43 45.21 46.15 47.10 47.96 48.73 49.45 50.09 50.67 51.21 51.71 52.18 52.64 53.09 53.52 53.94 46.65 47.13 47.21 47.45 47.90 48.67 49.53 50.30 51,01 51.68 52.2E 52.E1 53.32 53.79 54.24 54.69 55.12 55.55 55.96 56.36 47.64 47.52 47.75 48.28 49.1 8 50.15 5't.00 51.77 52.48 53.1 1 53.67 54.20 54.69 55.1 6 55.62 56.07 56.52 56.94 57.36 57.77 47.38 47.82 48.52 49.64 50.77 51.73 52.56 53.32 53.98 54.57 55.12 55.62 56.1 1 56.59 57.05 57.52 57.96 58.39 58.82 59.23 2017 201 8 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.48 34.42 46.65 47.64 47.38 48.28 50.1'l 53.57 56.27 57.75 59.1 0 60.68 61.54 62.40 63.67 64.65 66.02 67.60 69.20 70.99 72.30 73.98 76.02 77.31 79.48 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 Outlook 2017, released January 2017 . See Annual Energy Outlook 2017, Table 3.8 Energy Prices by Sector-Mountain at https://www. eia. gov/outlooks/aeo/tables_ref . cfm AVISTA Page 3 AVISTA AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS xxxx xx, 2017 $/MWh New Gontracts and Replacement Contracts without Full Capacaty Payments Eligibility for these rates is limited to projects smaller than l0 aMW LEVELIZED NON.LEVELIZED CONTRACT LENGTH ryEARS) ON-LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES20172018201 I 2020 2021 2022 1 2 3 4 5 6 7 8I 10 11 12 13 14 't5 16 17 't8 't9 20 28.61 29.99 31.36 32.38 33.1 3 33,57 33.97 34.42 35.03 35.69 36.31 36.88 37.42 37.91 38.35 38.77 39.16 39.53 39.89 40.23 31.48 32.89 33.E4 34.49 34.81 35.12 35.53 36.1 5 36.82 37.45 38.03 38.59 39.08 39.53 39.95 40.34 40.72 41.08 41.44 41.79 34.42 35.1 6 35.65 35.81 36.03 36.40 37.04 37.75 38.40 39.01 39.58 40.08 40.54 40.97 41.37 41.75 42.13 42.49 42.85 43.20 35.95 36.35 36.35 36.52 36.90 37.60 38.39 39.1 0 39.74 40.34 40.87 41.35 41.80 42.21 42.61 42.99 43.37 43.75 44.10 44.45 36.78 36.57 36.74 37.19 38.02 38.91 39.70 40.39 41.04 41.61 42.10 42.57 43.00 43.41 43.81 44.21 44.60 44.97 45.33 45.69 36.36 36.71 37.35 38.39 39.45 40.33 41.09 41.78 42.38 42.89 43.38 43.82 44.24 44.66 45.O7 45.47 45.86 46.24 46.61 46.97 2017 2018 201 I 2020 2021 2022 2023 2024 2025 2026 2027 202E 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.48 34.42 35.95 36.78 36.36 37.1 0 38.76 42.O5 44.58 45.89 47.07 48.48 49.1 5 49.83 50.92 51.7'.| 52.89 54.28 55.68 57.27 58.38 59.86 61.69 62.77 64.72 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. Order 32802. 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 Outlook 2017, released January 2017. SeeAnnual Energy Outlook 2017, Table 3.8 Energy Prices by Sector-Mountain at https://www. eia. gov/outlooks/aeo/tables_ref . cf m AVISTA Page 4 AVISTA AVOIDED COST RATES FOR OTHER PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Full Capacitv Pavments Eligibility for these rates is limited to projects smaller than l0 aMW LEVELIZED NON.LEVELIZED CONTRACT LENGTH (YEARS) ON-LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES20172018201 9 2020 2021 2022 1 2 3 4 5 6 7 8I 10 11 12 13 14 15 16 17 't8 19 20 2E.61 29.99 31.36 36.95 40.49 42.E2 44.59 46,1 0 47.56 48.91 50.1 0 51.17 52.14 53.00 53.78 54.50 55.16 55.78 56.37 56.93 31.48 32.E9 40.1 I 44.07 46.37 48.04 49.45 50,84 52.14 53,29 54.31 55,25 56.07 56.82 57.51 58.14 58.74 59.31 59.86 60.38 34.42 45.06 48.94 50.86 52.18 53.33 54.55 55.73 56.77 57.70 58.56 59.32 60.01 60,65 61.24 61.80 62.34 62.86 63.37 63.85 56.53 57.08 57.22 57.53 58.05 58.89 59.81 60.64 61.41 62.14 62.80 63.39 63.95 64.48 64.98 65.48 65.96 66.44 66.90 67.34 57.66 57.61 57.92 58.51 59.48 60.51 61.43 62.26 63.04 63.73 64.35 64.93 65.48 66.00 66.52 67.02 67.52 67.99 68.46 68.92 57.55 58.06 58.84 60.03 61.23 62.24 63.14 63.97 64.69 65.34 65.95 66.51 67.05 67.59 68.1 1 68.63 69.12 69.60 70.08 70.54 2017 201 I 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.48 34.42 56.53 57.66 57.55 58.60 60.58 64.1 I 67.05 68.69 70.20 71.95 72.96 73.99 75.44 76.59 78.1 3 79.89 81.67 83.64 85.1 4 87.01 89.24 90.72 93.09 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 tabl6 have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy Outlook 2017, released January 2017 . See Annual Energy Outlook 2017 , Table 3.8 Energy Prices by Sector-Mountain at https : //www. eia. gov/outlooks/aeo/tables_ref . cfm AVISTA Pag6 5 IDAHO POWER COMPANY AVOIDED COST RATES FOR WIND PROJECTS xxxx xx,2017 $/MWh New Contracts and Replacement Gontracts without Full Capacity Payments Eligibility for these rates is limited to projects 100 kW or smaller LEVELIZED NON.LEVELIZED CONTRACT LENGTH (YEARS) ON-LINE YEAR CONTRACT YEAR NON-LEVELIZED RATES2017201820'19 2020 2021 2022 I 2 3 4 5 6 7 E 9 10 11 12 't3 14 't5 't6 17 1E 19 20 28.61 29.99 31.35 32.37 33.12 33.56 33.95 34.71 35.56 36.41 37. t8 37.88 38.53 39.1 'l 39.63 40.12 40.57 40.99 41.40 41.79 3 1.48 32.89 33.83 34.48 34.80 35.1 1 35.89 36.78 37.67 38.47 39.19 39.86 40.45 40.98 4',t.48 41.94 42.37 42.7E 43.1 I 43.57 34.42 35.1 5 3s.65 35.81 36.03 36.85 37.80 38.75 39.60 40.35 41.04 4 t.66 42.20 42.71 43.17 43.61 44.O4 44.44 44.E4 45.22 35.95 36.35 36.35 36.52 37.46 38.54 39.59 40.50 41.30 42.04 42.68 43.24 43.77 44.24 44.70 45.1 3 45.56 45.97 46.36 46.74 36.78 36.57 36.74 37.92 39.1 I 40.3E 41.38 42.24 43.O2 43.69 44.27 44.81 45.30 45.77 46.22 46.65 47.08 47.48 47.87 48.26 36.36 36.71 38.36 39.92 41.29 42.39 43.30 44.12 44.80 45.40 45.95 46.45 46.92 47.38 47.82 48.26 48.67 49.07 49.47 49.85 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 3'1.48 34.42 35.95 36.78 36.36 37.1 0 42.07 45.41 47.99 49.35 50.58 52.O4 52.76 53.50 54.64 55.49 56.72 58.1 6 59.63 6',t.27 62.44 63.98 65.87 67.01 69.03 Note: Thes6 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 Outlook 2017,releasedJanuary20l7. SeeAnnual EnergyOutlook20lT,Table3.SEnergyPricesbySector-Mountainat https://www. eia. gov/outlooks/aeo/tables_ref . cfm IDAHO POWER COMPANY Page 1 IDAHO POWER COMPANY AVOIDED COST RATES FOR SOLAR PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Ful! Capacity Payments Eligibility for these rates is limited to projects 100 kW or smaller LEVELIZED NON.LEVELIZED CONTRACT LENGTH ryEARS) ON.LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES20172018201 9 2020 2021 2022 ,| 2 3 4 5 6 7II 10 11 12 13 14 15 't6 17 1E 19 20 28.61 29.99 31.35 32.37 33.12 33.56 33.95 37.56 40.65 43.30 45.56 47.51 49.23 50.73 52.06 53.26 54.34 55.33 56.24 57.09 31.48 32.89 33.83 34.48 34.80 35.11 39.29 42.76 45,67 48.11 50.18 51.99 53.56 54.93 56.17 57.28 58.29 59.23 60.1 0 60.9'l 34.42 35.15 35.65 35.81 36.03 40.99 44.94 48.16 50.79 52.99 54.89 56.51 57.93 59,1 I 60.32 61.35 62.30 63.19 64.02 64.78 35.95 36.35 36.35 36.52 42.65 47.23 50.81 53.66 55.98 57.96 59.64 61.06 62.36 63.50 64.53 65.49 66.38 67.21 67.99 68.71 36.78 36.57 36.74 44.68 50.06 54.05 57.08 59.50 61.51 63. t9 64.63 65.90 67.02 68.04 68.98 69.86 70.68 71 .45 72.17 72.86 36.36 36.71 47.75 54.09 58.39 61.50 63.89 65.85 67.46 68.81 70.01 7'.t.o7 72.03 72.93 7s.77 74.56 75.30 76.00 76.67 77.30 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 2041 2042 28.61 31.4E 34.42 35.95 36.78 36.36 37.1 0 72.61 76.39 79.43 81.25 E2.94 84.88 86.08 87.30 88.94 90.29 92.03 93.99 95.98 98_16 99.87 10 t .96 104.40 106.1I 108.71 Note: These rates will be further adjusted with the applicable integration charge. Note: The rates shown in thistable have been computed using the U.S. Energy lnformationAdministration (ElA)'sAnnual Energy Outlook 2017, refeased January 2017. See Annual Energy Outlook 2017, Table 3.8 Energy Prices by Sector-Mountain at https:/ /vww.eia. gov/outlooks/aeo/tables_ref . cfm IDAHO POWER COMPANY Page 2 IDAHO POWER COMPANY AVOIDED COST RATES FOR NON€EASONAL HYDRO PROJECTS xxxx xx, 2017 $/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 CONTRACT LENGTH ryEARS) ON-LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES201720182019202020212022 1 2 2 4 5 6 7I o '10 11 12 't3 14 15 16 17 16 19 20 28.61 29.99 31.35 32.37 33.12 33.56 33.95 37.29 40.1 5 42.63 44.75 46.57 48.1 9 49.60 50.85 51.98 53.00 53.93 54.80 55.61 31.48 32.89 33.83 34.48 34.80 s5.11 38.96 42.18 44.90 47.17 49.1 1 50.81 52.28 53.58 54.74 55.79 56.74 57.63 58.45 59.23 34.42 35.1 5 35.65 35.81 36.03 40.59 44.25 47.25 49.70 51.76 53,54 55.07 56.40 57.59 58.66 59.63 60.53 61.37 62.16 62.89 35.95 36.35 36.35 36.52 42.14 46.38 49.73 52.38 54.56 56.42 57.99 59.35 60.55 61.63 62.61 63.51 64.36 65.1 5 65.89 66.58 36.78 36.57 36.74 44.02 49.01 52.72 55.56 57.82 59.72 61.30 62.65 63.85 64.91 65.88 66.77 67.61 68.39 69.12 69.81 70.47 36.36 36.71 46.84 52.72 56.73 59.64 61.89 63.74 65.26 66.54 67.68 68.68 69.59 70.45 71.25 72.00 72.71 73.38 74.03 74.63 2017 201 8 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.46 34.42 35.95 36.78 35.36 37.1 0 69.65 73.39 76.38 78.15 79.80 8'1.69 82.85 84.02 85.61 86.91 88.61 90.52 92.45 94.58 96.24 98.28 100.66 102.32 1 04.85 Note: These rates will be further adiusted with the applicable integration charge. Note: The rates shown in lhis table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy Outlook 20'17, released January 2017. See Annual Energy Outlook 2017, Tabte 3.8 Energy Prices by Sector-Mountain at https://www. eia. gov/outlooks/aeo/tables_ref . cfm IDAHO POWER COMPANY Page 3 IDAHO POWER COMPANY AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Gontracts without Full Gapacity Payments Eligibility for these rates as limited to projects smaller than 10 aMW LEVELIZED CONTRACT LENGTH ryEARS) ON.LINE YEAR CONTRACT YEAR NON-LEVELIZED RATES201720182019202020212022 1 2 3 4 5 o 7I 9 '10 11 12 13 14 15 16 17 18 19 20 28.61 29.99 31.35 32.37 33.12 33.56 33.95 39.23 43.62 47.32 50.45 53.1 3 55.47 57,51 59.31 60.92 62.37 63.69 64.90 66.02 31.48 32.89 33.83 34.48 34.80 35.1 1 41.28 46.25 50.34 53.73 56.59 59.06 61.20 63.07 64.73 66.22 67.58 68.82 69,96 71 .03 34.42 35.15 35.65 35.81 36.03 43.41 49.10 53.65 s7.32 60.36 62.96 65.18 67.10 68.81 70.33 71.70 72.96 74.12 75.20 76.20 35.95 36.35 36.35 36.52 45.67 52.29 57.36 6'1.33 64.55 67.25 69.53 71.48 73.20 74.73 76.11 77.37 78.53 79.61 80.60 81.54 36.78 36.57 36.74 48.62 56.41 62.02 66.24 69.56 72.30 74.57 76.50 78.19 79.68 8 t.03 82.26 83.39 84.45 85.43 86.34 87.21 36.36 36.71 53.23 62.36 68.37 72.64 75.89 78.52 80.67 82.47 84.05 85.43 86.68 87.63 88.90 89.90 90.83 91.70 92.53 93.31 2017 2018 201 9 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.48 34.42 35.95 36.78 36.36 37.1 0 90.42 94.47 97.77 99.85 101.42 104.03 105.52 't07.02 108.95 1 10.59 112.63 114.89 117.19 119.68 121 .71 124.12 126.88 128.92 13'l .85 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. Order 32802. 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 (EIA)'S Annual Energy Outlook 2017,releasedJanuary2017. SeeAnnual EnergyOutlook20lT,Table3.SEnergyPricesbySector-Mountainat https://www. eia. gov/outlooks/aeo/tables_ref . cfm IDAHO POWER COMPANY Page 4 IDAHO POWER COMPANY AVOIDED COST RATES FOR OTHER PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Ful! Capacity Payments Eligibility for these rates is limited to projects smaller than 10 aMW LEVELIZED NON.LEVELIZED CONTRACT LENGTH ryEARS) ON.LINE YEAR CONTRACT YEAR NON-LEVELIZED RATES20'17 2014 2019 2020 2021 2022 1 2 3 4 5 6 7 8 9 't0 11 12 13 14 15 't6 17 16 19 20 28.6'l 29.99 31.35 32.37 33.12 33.56 33.95 36.53 38.81 40.82 42.54 44.04 45.37 46.54 47.58 48.52 49.37 50.16 50.89 51.57 31.48 32.E9 33.83 34.48 34.80 35.1 1 38.07 40.60 42.79 44.63 46.22 47.62 48.83 49.90 50.87 51.75 52.55 53.30 54.00 54.66 34_42 35.'t 5 35.65 35.81 36.03 39.50 42.37 44.77 46.75 48.43 49.90 51.16 52.26 53.25 54.14 54.96 55.72 56.43 57.10 57.73 35.95 36.35 36.35 36.52 40.78 44.09 46.77 46.91 50.69 52.22 s3.52 54.65 55.66 56.56 57.38 58.1 5 58.87 59.55 60.1 9 60.79 36.78 36.57 36.74 42.24 46.14 49.12 51.42 53.28 54.85 56.1 6 57.29 58.29 59.'t9 60.01 60.77 61.49 62.17 62.8',1 63.41 63.99 36.36 36.71 44.37 48.98 52.23 54.61 56.46 58.01 59.29 60.37 6'1.34 62.19 62.98 63.72 64.41 65.0E 65.70 66.29 66.86 67.40 2017 201 8 201 I 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.6'.1 3 1.48 34.42 35.95 36.76 36.36 37.10 61.60 65.22 68.09 69.75 7',t.28 73.04 74.O7 75.11 76.57 77.75 79.30 61.07 82.88 84.86 86.38 88.27 90.51 92.01 94.40 Note: "Other poects" refers to pro.jects 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 geolhermal projects. Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy Outlook 201 7, released January 2017 . See Annual Energy Outlook 2017, Table 3.8 Energy Prices by Sector-Mountain at https:/ /vww. eia. gov/outlooks/aeo/tables_ref .cfm IDAHO POWER COMPANY Page 5 PACIFICORP AVOIDED COST RATES FOR WND PROJECTS xxxx xx, 20,t7 $/MWh New Gontracts and Replacement Contracts without Full Capacity Payments Eligibility for these rates is limited to projects 100 kW or smaller LEVELIZED NON.LEVELIZED CONTRACT LENGTH (YEARS) ON.LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES201720182019202020212022 1 2 3 4 5 6 7II 10 11 12 13 14 15 16 17 18 19 20 28.61 29.99 31.35 32.37 33.12 33.57 33.96 34.41 35.29 36.16 36.95 37.67 38.33 38.93 39.46 39.96 40.42 40.85 41.27 41.67 31.48 32.89 33,83 34.49 34.81 35.12 35.53 36.45 37.37 38.19 38.93 39.62 40.23 40.77 41.28 41.75 42.19 42.62 43.03 43.42 34.42 35.1 5 35.65 35.81 36.03 36.40 37.40 38.39 39.27 40.04 40.76 41.39 41.95 42.47 42.95 43.40 43.84 44.26 44.67 45.05 35.95 36.35 36.35 36.52 36.90 38.05 39. 't6 40.11 40.94 41.70 42.36 42.95 43.49 43.9E 44.45 44.90 45.33 45.76 46. t6 46.55 36.78 36.57 36.74 37.1 9 38.58 39.85 40.91 41.81 42.62 43.s2 43.93 44.49 45.00 45.48 45.94 46.39 46.83 47.25 47.65 48.05 36.36 36.71 37.35 39.1 2 40.62 41.80 42.78 43.64 44.37 44.99 45.57 46.09 46.58 47.05 47.51 47.97 48.39 48.81 49.22 49.6'1 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 2041 2042 28.61 31.48 34.42 35.95 36.78 36.36 37.10 38.76 45.34 47.92 49.28 50.51 51.96 52.69 53.42 54.56 55.41 56.64 58.08 59.54 61.19 62.35 63.89 65.78 66.92 68.S3 Note: These ral6s will be further adiusted with the applicable integration charge. Note: The rates shown in this table have been compuled using the U.S. Energy lnformation Administration (ElA)'s Annual Energy Outlook 2017, released January2017. SeeAnnual EnergyOutlook20lT,Table 3.SEnergyPricesbySector-Mountainat https ://www. eia. gov/outlooks/aeo/tables_ref . cf m PACIFICORP Page 1 PACIFICORP AVOIDED COST RATES FOR SOLAR PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Full Caoacitv Pavments Eligibility for these rates is limited to projects 100 kW or smaller. LEVELIZED NON.LEVELIZED CONTRACT LENGTH ryEARS) ON-LINE YEAR CONTRACT YEAR NON-LEVELIZED RATES201720 18 2019 2020 2021 2022 1 2 3 4 E 6 7 8I 10 11 12 '13 14 15 16 17 18 19 20 28.61 29.99 31.35 32.37 33.12 33.57 33.96 34.41 37.72 40.55 42.95 45.02 46,64 48.43 49,63 5'1.10 52.24 53.28 54.24 55.14 31.48 s2.89 33.E3 34.49 34.8'l 35.12 35.53 39.30 42.46 45.09 47.32 49.26 50.94 52.41 53.72 54.90 55.98 56.98 57.90 58.76 34.42 35.15 35.65 35.81 36.03 36.40 40.80 44.37 47.26 49.67 5',t.74 53.51 EE AE 56.42 57.64 58.75 59.77 60.71 61.60 62.42 35.95 36.35 36.35 36.52 36.90 42.18 46.28 49.50 52.11 54.32 56.1 9 57.79 59.20 60.45 61,58 62.63 63.59 64.49 65.33 66.1 1 36.7E 36.57 36.74 37.1 9 43.75 48.51 52.10 54.93 57.26 59.20 60.84 62.28 63.55 64.69 65.74 66.71 67.62 68.46 69.25 70.00 36.36 36.7'l 37.35 45,85 51.45 55.41 58 41 60.83 62.79 64.42 65.85 67.10 68.22 69.25 70.20 71.10 71.93 72.71 73.45 74.14 2017 201E 201 I 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2E.6'l 31.48 34.42 35.95 36.78 36.36 37.1 0 38.76 75.65 78.68 80.49 82.17 84.09 E5.29 86.50 88.1 3 89.47 91.19 93.14 95.12 97.29 98.99 '10'l .06 103.49 't05.'t9 107.77 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 Outlook 2017, released January 2017 . See Annual Energy Outlook 2017, Table 3.6 Energy Prices by Sector-Mountain at https ://www. eia. gov/outlooks/aeo/tables_ref . cfm PACIFICORP Page 2 PACIFICORP AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Full Capacity Payments Eligibility for these rates is Iimited to projec6 smaller than l0 aMW LEVELIZED NON.LEVELIZED CONTRACT LENGTH ryEARS) ON.LINE YEAR CONTRACT YEAR NON-LEVELIZED RATES201720182019202020212022 1 2 5 4( 6 7I 9 10 11 12 13 14 4E '16 17 18 19 20 28.61 29.99 31.35 32.37 33.12 33.57 33.96 34.41 37.4E 40.12 42.37 44.31 46.01 47.51 48.83 50.o2 5'1.09 52.07 52.98 53.83 31.48 32.E9 33.83 34.49 34.81 35.12 35.53 39.03 41.96 44.42 46.50 48.32 49.90 51.28 52.52 53.63 54.64 55.58 56.45 57.27 34.42 35.1 s 35.65 35.81 36.03 36.40 40.47 43.79 46.49 48.74 50.68 52.34 53.7E 55.06 56.21 57.26 58.22 59.12 59.95 60.73 35.95 36.35 36.35 36.52 36.90 41.78 45.59 48.58 51.03 53.1 0 54.E4 56.34 57.67 5E.65 59.92 60.91 61.82 62.67 63.47 64.21 36.78 36,57 36.74 37.1 9 43.24 47.67 51.01 53.65 55.E4 57.66 59.20 60.55 61.75 62.83 63.82 64.74 65.60 66.40 67,15 67.86 36.36 36.71 37.35 45.20 50.40 54.09 56.89 59.1 6 61.00 62.54 63.88 65.06 66.12 67.09 68.00 68.85 69.64 70.39 71.10 71.76 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 3'1.48 34.42 35.95 36.78 36.36 37.1 0 38.76 72.71 75.69 77.46 79.1 0 E0.97 82.12 83.29 84.87 86.1 6 87 _84 89.74 9'1.67 93.78 95.43 97.45 99.83 101.47 1 04.00 Note: These rat6s 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 Outlook 20 1 7, released January 2017 . See Annual Energy Outlook 2017 , Table 3.8 Energy Prices by Sector-Mountain at https ://www. eia. gov/outlooks/aeo/tables_ref .cfm PACIFICORP Page 3 PACIFICORP AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS xxxx xx, 2017 $/MWh New Contracts and Replacement Contracts without Full Gapacitv Pavments Eligibility for these rates is limited to projects smaller than l0 aMW. LEVELIZED NON.LEVELIZED CONTRACT LENGTH ffEARS) ON.LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES201720182019202020212022 1 2 3 4 5 6 7II 10 11 12 13 14 15 16 17 18 19 20 28.61 29.99 31.35 32.37 33.12 33.57 33.96 34.41 39.14 43.11 46.45 49.31 51.80 53.97 55.89 57.60 59.13 60.53 61.81 63.00 31.48 32.89 33.83 34.49 34.E,l 35.12 35.53 40.97 45.43 49.1 1 52.21 54.88 57.1 8 59.19 60.98 62.58 64.02 65.35 66.57 67.71 34.42 35.'15 35.65 35.81 36.03 36.40 42.79 47.85 51.93 55.29 58.15 60.59 62.69 64.55 66.21 67.70 69.06 70.31 71.47 72.54 35.95 36.35 36.35 36.52 36.90 44.60 50.43 54.97 58.63 61.69 64.25 66.44 68.36 70.06 71.58 72.97 74.24 75.42 76.51 77.52 36.78 36.57 36.74 37.19 46.76 53.56 58.62 62.58 65.80 68.46 70.71 72.66 74.37 75.90 77.29 78.56 79.74 80.83 81.84 82.80 36.36 36.71 37.35 49.77 57.76 63.34 67.53 70.85 73.53 75.76 77.68 79.35 80.84 82.20 83.44 E4.59 85.65 86.65 87.58 88.46 2017 201E 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 28.61 31.48 34.42 35.95 36.78 36.36 37. t0 38.76 93.34 96.62 98.69 '100.64 102.84 104.31 1 05.79 107.70 1 09.33 1 1 1.35 1 13.60 1 15.87 1 '18.35 120.35 122.74 125.49 127.51 130.42 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. Order 32802. Note: These rates will be further ad,iusted 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 Outlook 2017, released January 2017. See Annual Energy Outlook 2017, Table 3.6 Energy Prices by Sector-Mountain at https:/,r/ww,eia.gov/outlooks/aeo/tables_ref.cfm PACIFICORP Page 4 PACIFICORP AVOIDED COST RATES FOR OTHER PROJECTS xxxx xx, 2017 $/MWh New Gontracts and Replacement Contracts without Full Capacitv Pavments Eligibility for these rates is limited to projects smaller than '10 aMW. LEVELIZED NON.LEVELIZED CONTRACT LENGTH ryEARS) ON-LINE YEAR CONTRACT YEAR NON.LEVELIZED RATES201720182019202020212022 1 2 3 4 5 6 7 I o 10 11 12 13 14 15 16 17 18 19 20 28.61 29.99 31.s5 32.37 33.12 33.s7 33.96 34.41 36.84 38.97 40.79 42.37 43.77 45,00 46.09 47.08 47.98 48.80 49.57 50.28 31.48 32.89 33.83 34.49 34.81 35.12 35.53 3E.27 40.62 42.60 44.29 45.78 47.08 48.21 49.24 50. t6 51.01 51.80 52.54 53.23 34.42 35.15 35.65 35.81 36.03 36.40 39,58 42.21 44.38 46.20 47.78 49.14 50.33 51.39 52.34 53.21 54.02 54.78 55.49 56.16 35.95 36.35 36.35 36.52 36.90 40.69 43.71 46.'l 1 48.09 49.77 51.20 52.44 53,53 54,51 55.41 56.23 57.01 57.74 58.42 59.06 36.78 36.57 36.74 37.19 4',t.88 45.39 48.06 50.20 51.99 53.47 54.74 55.87 56.86 57.76 58.60 59.38 60.12 60.81 61.46 62.08 36.36 36.71 37.35 43.42 47.54 50.50 52.77 54.63 56.1 5 57.42 58.54 59.52 60.42 61.25 62.O2 62.76 63.44 64.09 64.71 65.30 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 2041 2042 28.6',1 31.48 34.42 35.95 36.78 5b.5b 37.',t0 38.76 64.72 67.59 69.23 70.76 72.51 73.53 74.57 76.O2 77.19 78.74 80.50 82.29 84.27 85.78 87.66 89.89 9 1.39 93.77 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 pro.iects. Note: The rates shown in this table hav6 been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy Outlook 2017, released January 2017 . See Annual Energy Outlook 2017. Fable 3.8 Energy Prices by Sector-Mountain at https:/,vww. eia. gov/outlooks/aeo/tables_ref.cfm PACIFICORP Page 5