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HomeMy WebLinkAbout20230912Comments of the Commission Staff.pdfADAM TRIPLETT DEPUTY ATTORNEY GENERAL IDAHO PUBLIC UTILITIES COMMISSION PO BOX 83720 BOISE, IDAHO 83720-0074 (208)334-0357IDAHO BAR NO. 10221 Street Address for Express Mail: 11331 W CHINDEN BLVD, BLDG 8, SUITE 201-A BOISE, ID 83714 Attorney for the Commission Staff ·.�-=J. t:iVED BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF A VISTA CORPORA TIO N'S ANNUAL POWER COST ADJUSTMENT ("PCA") APPLICATION ) ) CASE NO. A VU-E-23-08 ) COMMENTS OF THE ) COMMISSION STAFF ___________________) COMMISSION STAFF ("STAFF") OF the Idaho Public Utilities Commission, by and through its Attorney of record, Adam Triplett, Deputy Attorney General, submits the following comments. BACKGROUND On July 31, 2023, Avista Corporation ("Company"), filed its annual Power Cost Adjustment ("PCA") Application. The PCA is an annual adjustment mechanism that tracks changes in revenues and costs associated with variations in hydroelectric generation, secondary prices, thermal fuel costs, and changes in power contract revenues and expenses. The Company requested the Commission approve a PCA surcharge rate of 0.499¢ per kWh to be effective from October 1, 2023, to September 30, 2024. The Company noted that the proposed PCA surcharge is an increase from the 0.150¢ per kWh currently approved per Order No. 35543. If approved, the new PCA surcharge would represent an overall increase in revenue of approximately $10.9 million or 4.3% in Company revenues when accounting for the STAFF COMMENTS SEPTEMBER 12, 2023 2