20200529Final_Order_No_34683.pdf

ORDER NO. 34683 1
Office of the Secretary
Service Date
May 29, 2020

BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION

IN THE MATTER OF THE ANNUAL
UPDATE TO “SURROGATE AVOIDED
RESOURCE” AVOIDED COST RATES
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CASE NO. GNR-E-20-01

ORDER NO. 34683

On April 14, 2020, Commission Staff presented a Decision Memorandum at the
Commission’s regularly scheduled Decision Meeting recommending the Commission initiate the
annual update to the Commission’s “Surrogate Avoided Resource” (“SAR”) method of calculating
published avoided cost rates and process the update using Modified Procedure.
On April 16, 2020, the Commission issued a Notice of Application and Notice of
Modified Procedure. Order No. 34628.
On May 6, 2020, Avista Corporation dba Avista Utilities (“Avista”) submitted
comments stating it had verified Staff’s update.
On May 7, 2020, Idaho Power Company (“Idaho Power”) submitted comments stating
it had verified Staff’s update.
On May 7, 2020, PacifiCorp dba Rocky Mountain Power (“Rocky Mountain Power”)
submitted comments stating it had verified Staff’s update.
Now, based on the record, we approve the annual update to the SAR rates.
BACKGROUND
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 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 Rocky Mountain Power.
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”)
triggers an annual update to the Commission’s calculation of published avoided cost rates. Order
Nos. 32697, 32802. The Commission has consistently held this annual update is a simple
arithmetic re-calculation to an established methodology. See e.g. Order Nos. 33773, 33538, 33305.
ORDER NO. 34683 2
The Commission updates the long-term natural gas price forecast annually in the SAR
model to incorporate the most up-to-date cost assumptions achievable. Under the methodology
approved in Order No. 32697, the “reference case” natural gas price forecast for the Mountain
Region’s Electric Power sector in EIA’s Annual Energy Outlook serves as the basis for computing
published avoided cost rates. See also Order No. 34062. In Order No. 32697, the 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 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.
COMMISSION FINDINGS
The Commission has jurisdiction over this matter under Idaho Code §§ 61-501, 61-
502, and 61-503. The Commission is vested with the power to “supervise and regulate every
public utility in the state and to do all things necessary to carry out the spirit and intent of the
[Public Utilities Law].” Idaho Code § 61-501. The Commission has authority under PURPA and
the implementing regulations of the FERC to set avoided costs, to order electric utilities to enter
into fixed-term obligations for the purchase of energy from QFs, and to implement FERC rules.
We find the annual updates were correctly calculated under Commission-approved methodology.
We find the updated published avoided cost rates are fair, just, and reasonable.
O R D E R
IT IS HEREBY ORDERED that the updated published avoided cost rates, attached to
this Order for Avista, Idaho Power, and Rocky Mountain Power are approved, effective June 1,
2020.
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 with regard to any
matter decided in this Order. Within seven (7) days after any person has petitioned for
reconsideration, any other person may cross-petition for reconsideration. See Idaho Code § 61-
626.

ORDER NO. 34683 3
DONE by Order of the Idaho Public Utilities Commission at Boise, Idaho this 29th
day of May 2020.

PAUL KJELLANDER, PRESIDENT

KRISTINE RAPER, COMMISSIONER

ERIC ANDERSON, COMMISSIONER

ATTEST:

Diane M. Hanian
Commission Secretary

I:\Legal\ELECTRIC\GNR-E-20-01\GNRE2001_final order_ej.docx
AVISTA
AVOIDED COST RATES FOR WIND PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.61 33.28 2021 23.83
3 23.12 24.20 25.21 27.29 31.05 35.02 2022 23.90
4 23.53 24.83 26.35 29.35 32.81 36.30 2023 24.93
5 24.13 25.77 28.10 31.00 34.17 37.24 2024 27.03
6 24.99 27.26 29.60 32.35 35.22 37.91 2025 30.30
7 26.30 28.59 30.87 33.42 36.01 38.48 2026 36.48
8 27.51 29.76 31.91 34.26 36.67 39.03 2027 38.91
9 28.60 30.74 32.76 34.97 37.29 39.59 2028 40.70
10 29.53 31.55 33.47 35.62 37.90 40.15 2029 41.75
11 30.32 32.26 34.14 36.26 38.49 40.68 2030 42.13
12 31.00 32.91 34.78 36.87 39.05 41.19 2031 42.85
13 31.64 33.54 35.40 37.44 39.58 41.73 2032 44.19
14 32.26 34.14 35.97 37.99 40.13 42.26 2033 45.86
15 32.85 34.70 36.52 38.54 40.67 42.77 2034 47.41
16 33.40 35.24 37.07 39.08 41.18 43.26 2035 48.71
17 33.92 35.77 37.60 39.60 41.67 43.73 2036 50.06
18 34.44 36.29 38.10 40.08 42.14 44.18 2037 52.26
19 34.95 36.78 38.59 40.55 42.59 44.62 2038 54.04
20 35.43 37.25 39.04 41.00 43.03 45.06 2039 55.39
2040 56.78
2041 58.10
2042 59.62
2043 61.37
2044 63.49
2045 65.19
AVISTA Page 1
Note: The rates shown in this table have been computed using the U.S. Energy Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
Note: These rates will be further adjusted with the applicable integration charge.
AVISTA
AVOIDED COST RATES FOR SOLAR PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.61 33.94 2021 23.83
3 23.12 24.20 25.21 27.29 31.47 35.91 2022 23.90
4 23.53 24.83 26.35 29.66 33.45 37.30 2023 24.93
5 24.13 25.77 28.34 31.49 34.94 43.00 2024 27.03
6 24.99 27.45 29.99 32.96 39.85 46.90 2025 30.30
7 26.46 28.92 31.38 37.24 43.43 46.61 2026 37.84
8 27.79 30.19 35.13 40.50 43.51 46.52 2027 40.29
9 28.97 33.49 38.09 40.82 43.69 46.59 2028 42.11
10 31.91 36.17 38.54 41.16 43.95 46.76 2029 70.34
11 34.35 36.68 38.98 41.55 44.26 46.98 2030 71.15
12 34.90 37.17 39.44 41.95 44.59 47.23 2031 44.32
13 35.42 37.67 39.90 42.36 44.93 47.55 2032 45.69
14 35.94 38.15 40.35 42.76 45.32 47.90 2033 47.37
15 36.44 38.62 40.79 43.19 45.72 48.26 2034 48.95
16 36.92 39.08 41.24 43.62 46.12 49.72 2035 50.27
17 37.39 39.54 41.70 44.05 47.51 50.04 2036 51.65
18 37.86 40.00 42.13 45.36 47.86 50.36 2037 53.87
19 38.31 40.44 43.38 45.74 48.20 50.69 2038 55.67
20 38.75 41.61 43.76 46.10 48.55 51.03 2039 57.04
2040 90.37
2041 59.80
2042 61.34
2043 63.12
2044 65.27
2045 66.99
AVISTA Page 2
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
AVISTA
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.61 36.98 2021 23.83
3 23.12 24.20 25.21 27.29 33.43 39.99 2022 23.90
4 23.53 24.83 26.35 31.07 36.40 41.92 2023 24.93
5 24.13 25.77 29.43 33.77 38.51 46.35 2024 27.03
6 24.99 28.32 31.82 35.83 42.53 49.40 2025 30.30
7 27.18 30.42 33.74 39.45 45.48 49.59 2026 44.15
8 29.06 32.17 36.99 42.23 46.03 49.88 2027 46.70
9 30.67 35.08 39.57 42.96 46.56 50.25 2028 48.61
10 33.29 37.45 40.39 43.65 47.12 50.66 2029 67.57
11 35.47 38.30 41.15 44.31 47.67 51.09 2030 68.33
12 36.33 39.08 41.88 44.96 48.21 51.52 2031 51.11
13 37.12 39.82 42.56 45.56 48.73 51.99 2032 52.58
14 37.86 40.53 43.21 46.14 49.28 52.47 2033 54.36
15 38.57 41.18 43.82 46.73 49.81 52.95 2034 56.04
16 39.23 41.80 44.43 47.30 50.33 54.14 2035 57.47
17 39.85 42.41 45.02 47.85 51.49 54.56 2036 58.95
18 40.45 43.00 45.58 48.97 51.95 54.98 2037 61.28
19 41.04 43.56 46.65 49.45 52.40 55.40 2038 63.19
20 41.60 44.59 47.14 49.91 52.84 55.83 2039 64.68
2040 87.11
2041 67.66
2042 69.32
2043 71.22
2044 73.49
2045 75.33
AVISTA Page 3
Note: The rates shown in this table have been computed using the U.S. Energy Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
Note: These rates will be further adjusted with the applicable integration charge.
AVISTA
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.61 31.85 2021 23.83
3 23.12 24.20 25.21 27.29 30.12 33.10 2022 23.90
4 23.53 24.83 26.35 28.68 31.42 34.12 2023 24.93
5 24.13 25.77 27.59 29.93 32.49 43.26 2024 27.03
6 24.99 26.85 28.74 31.00 40.05 49.47 2025 30.30
7 25.96 27.88 29.76 37.40 45.54 48.34 2026 33.51
8 26.92 28.82 35.27 42.28 44.97 47.63 2027 35.90
9 27.80 33.61 39.61 42.07 44.64 47.22 2028 37.65
10 32.02 37.49 39.62 41.99 44.50 46.99 2029 87.02
11 35.50 37.62 39.70 42.02 44.47 46.89 2030 88.07
12 35.73 37.80 39.86 42.13 44.52 46.87 2031 39.66
13 35.98 38.04 40.06 42.29 44.62 46.97 2032 40.95
14 36.27 38.30 40.29 42.48 44.80 47.12 2033 42.57
15 36.57 38.57 40.54 42.72 45.02 47.30 2034 44.07
16 36.88 38.85 40.82 42.99 45.26 49.48 2035 45.32
17 37.18 39.16 41.13 43.27 47.29 49.64 2036 46.63
18 37.51 39.48 41.43 45.17 47.49 49.82 2037 48.78
19 37.85 39.80 43.20 45.40 47.71 50.02 2038 50.50
20 38.17 41.45 43.46 45.65 47.94 50.24 2039 51.80
2040 109.97
2041 54.40
2042 55.86
2043 57.56
2044 59.63
2045 61.27
AVISTA Page 4
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
AVISTA
AVOIDED COST RATES FOR OTHER PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.61 41.72 2021 23.83
3 23.12 24.20 25.21 27.29 36.47 46.35 2022 23.90
4 23.53 24.83 26.35 33.27 41.00 49.12 2023 24.93
5 24.13 25.77 31.12 37.31 44.06 51.01 2024 27.03
6 24.99 29.68 34.66 40.28 46.27 52.35 2025 30.30
7 28.30 32.77 37.41 42.54 47.92 53.42 2026 53.98
8 31.03 35.27 39.59 44.28 49.24 54.37 2027 56.67
9 33.31 37.30 41.33 45.72 50.40 55.26 2028 58.72
10 35.21 38.97 42.77 46.97 51.46 56.10 2029 60.03
11 36.80 40.38 44.05 48.10 52.43 56.89 2030 60.69
12 38.16 41.64 45.21 49.14 53.32 57.62 2031 61.68
13 39.38 42.78 46.27 50.09 54.14 58.36 2032 63.30
14 40.50 43.83 47.24 50.97 54.95 59.07 2033 65.25
15 41.53 44.80 48.14 51.81 55.72 59.75 2034 67.08
16 42.47 45.68 49.00 52.62 56.45 60.40 2035 68.68
17 43.35 46.54 49.81 53.37 57.14 61.01 2036 70.32
18 44.19 47.34 50.57 54.08 57.78 61.60 2037 72.82
19 44.98 48.10 51.29 54.74 58.40 62.17 2038 74.90
20 45.72 48.81 51.96 55.38 59.00 62.74 2039 76.56
2040 78.26
2041 79.90
2042 81.74
2043 83.82
2044 86.27
2045 88.31
AVISTA Page 5
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
IDAHO POWER COMPANY
AVOIDED COST RATES FOR WIND PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 33.38 2021 23.83
3 23.12 24.19 25.21 27.28 31.10 35.16 2022 23.90
4 23.52 24.82 26.33 29.37 32.88 36.44 2023 24.93
5 24.11 25.75 28.10 31.03 34.25 37.38 2024 27.03
6 24.95 27.24 29.60 32.38 35.30 38.06 2025 30.30
7 26.27 28.57 30.86 33.45 36.09 38.63 2026 36.72
8 27.47 29.72 31.90 34.28 36.75 39.17 2027 39.15
9 28.54 30.70 32.74 34.99 37.36 39.72 2028 40.95
10 29.46 31.50 33.45 35.63 37.96 40.27 2029 42.00
11 30.23 32.19 34.10 36.26 38.54 40.79 2030 42.39
12 30.90 32.83 34.73 36.85 39.08 41.29 2031 43.11
13 31.53 33.44 35.32 37.41 39.60 41.80 2032 44.46
14 32.12 34.02 35.88 37.94 40.13 42.31 2033 46.13
15 32.69 34.57 36.41 38.47 40.64 42.80 2034 47.68
16 33.22 35.08 36.93 38.98 41.13 43.26 2035 48.99
17 33.71 35.59 37.44 39.47 41.60 43.70 2036 50.34
18 34.21 36.08 37.92 39.93 42.04 44.13 2037 52.55
19 34.69 36.54 38.37 40.37 42.46 44.55 2038 54.33
20 35.14 36.98 38.80 40.79 42.87 44.96 2039 55.68
2040 57.07
2041 58.40
2042 59.92
2043 61.68
2044 63.80
2045 65.50
IDAHO POWER COMPANY Page 1
Note: The rates shown in this table have been computed using the U.S. Energy Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
Note: These rates will be further adjusted with the applicable integration charge.
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SOLAR PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 47.61 2021 23.83
3 23.12 24.19 25.21 27.28 40.20 54.25 2022 23.90
4 23.52 24.82 26.33 35.92 46.62 58.05 2023 24.93
5 24.11 25.75 33.13 41.57 50.84 60.58 2024 27.03
6 24.95 31.26 38.02 45.63 53.83 62.37 2025 30.30
7 29.57 35.49 41.75 48.67 56.06 63.77 2026 66.33
8 33.27 38.84 44.66 51.02 57.82 64.99 2027 69.20
9 36.30 41.55 46.97 52.92 59.33 66.10 2028 71.44
10 38.81 43.76 48.89 54.55 60.67 67.11 2029 72.93
11 40.89 45.62 50.55 56.00 61.88 68.04 2030 73.78
12 42.67 47.24 52.03 57.30 62.97 68.91 2031 74.96
13 44.23 48.70 53.36 58.47 63.96 69.75 2032 76.78
14 45.65 50.01 54.56 59.54 64.91 70.56 2033 78.92
15 46.93 51.20 55.65 60.55 65.81 71.32 2034 80.96
16 48.09 52.29 56.68 61.49 66.64 72.04 2035 82.75
17 49.16 53.31 57.64 62.36 67.42 72.72 2036 84.60
18 50.16 54.26 58.52 63.18 68.15 73.36 2037 87.31
19 51.09 55.14 59.35 63.94 68.84 73.98 2038 89.61
20 51.96 55.96 60.12 64.65 69.50 74.59 2039 91.47
2040 93.39
2041 95.26
2042 97.32
2043 99.63
2044 102.31
2045 104.58
IDAHO POWER COMPANY Page 2
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
IDAHO POWER COMPANY
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 46.23 2021 23.83
3 23.12 24.19 25.21 27.28 39.32 52.39 2022 23.90
4 23.52 24.82 26.33 35.29 45.29 55.95 2023 24.93
5 24.11 25.75 32.64 40.55 49.23 58.33 2024 27.03
6 24.95 30.87 37.20 44.34 52.04 60.01 2025 30.30
7 29.25 34.81 40.69 47.19 54.12 61.33 2026 63.46
8 32.70 37.96 43.42 49.39 55.78 62.48 2027 66.28
9 35.55 40.50 45.59 51.18 57.20 63.54 2028 68.48
10 37.90 42.57 47.39 52.72 58.47 64.51 2029 69.93
11 39.85 44.31 48.95 54.09 59.61 65.40 2030 70.73
12 41.52 45.84 50.35 55.32 60.65 66.23 2031 71.87
13 43.00 47.22 51.61 56.43 61.60 67.04 2032 73.64
14 44.34 48.46 52.74 57.44 62.51 67.82 2033 75.74
15 45.55 49.59 53.78 58.40 63.37 68.55 2034 77.73
16 46.65 50.62 54.76 59.31 64.17 69.25 2035 79.47
17 47.66 51.59 55.67 60.14 64.92 69.90 2036 81.28
18 48.61 52.49 56.52 60.92 65.62 70.52 2037 83.94
19 49.50 53.34 57.31 61.65 66.28 71.13 2038 86.18
20 50.33 54.12 58.05 62.34 66.92 71.71 2039 88.00
2040 89.87
2041 91.68
2042 93.69
2043 95.95
2044 98.58
2045 100.79
IDAHO POWER COMPANY Page 3
Note: The rates shown in this table have been computed using the U.S. Energy Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
Note: These rates will be further adjusted with the applicable integration charge.
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 55.90 2021 23.83
3 23.12 24.19 25.21 27.28 45.51 65.38 2022 23.90
4 23.52 24.82 26.33 39.75 54.63 70.66 2023 24.93
5 24.11 25.75 36.06 47.72 60.51 74.11 2024 27.03
6 24.95 33.60 42.93 53.36 64.64 76.55 2025 30.30
7 31.49 39.52 48.09 57.55 67.70 78.44 2026 83.60
8 36.65 44.16 52.10 60.78 70.12 80.05 2027 86.73
9 40.83 47.89 55.28 63.38 72.14 81.48 2028 89.22
10 44.26 50.91 57.90 65.59 73.92 82.77 2029 90.98
11 47.11 53.45 60.14 67.52 75.49 83.94 2030 92.09
12 49.53 55.65 62.12 69.23 76.90 85.02 2031 93.54
13 51.65 57.60 63.88 70.76 78.17 86.06 2032 95.63
14 53.54 59.34 65.45 72.14 79.37 87.04 2033 98.05
15 55.24 60.90 66.87 73.42 80.49 87.96 2034 100.37
16 56.77 62.32 68.19 74.62 81.52 88.82 2035 102.44
17 58.17 63.64 69.42 75.72 82.49 89.64 2036 104.59
18 59.46 64.86 70.54 76.74 83.39 90.41 2037 107.59
19 60.66 65.99 71.59 77.69 84.23 91.15 2038 110.18
20 61.77 67.03 72.55 78.57 85.04 91.87 2039 112.35
2040 114.58
2041 116.75
2042 119.13
2043 121.77
2044 124.78
2045 127.38
IDAHO POWER COMPANY Page 4
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
IDAHO POWER COMPANY
AVOIDED COST RATES FOR OTHER PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 42.48 2021 23.83
3 23.12 24.19 25.21 27.28 36.92 47.36 2022 23.90
4 23.52 24.82 26.33 33.56 41.67 50.26 2023 24.93
5 24.11 25.75 31.31 37.77 44.86 52.22 2024 27.03
6 24.95 29.81 34.98 40.85 47.15 53.61 2025 30.30
7 28.38 32.99 37.82 43.18 48.86 54.71 2026 55.65
8 31.18 35.56 40.06 44.98 50.22 55.68 2027 58.37
9 33.50 37.64 41.84 46.45 51.41 56.59 2028 60.45
10 35.44 39.34 43.32 47.73 52.48 57.43 2029 61.78
11 37.05 40.78 44.62 48.88 53.46 58.22 2030 62.46
12 38.42 42.05 45.79 49.93 54.36 58.95 2031 63.48
13 39.65 43.20 46.86 50.88 55.18 59.68 2032 65.13
14 40.77 44.25 47.82 51.75 55.98 60.38 2033 67.10
15 41.79 45.20 48.71 52.59 56.74 61.04 2034 68.96
16 42.73 46.08 49.56 53.38 57.45 61.66 2035 70.58
17 43.59 46.92 50.35 54.11 58.11 62.26 2036 72.25
18 44.41 47.70 51.09 54.80 58.74 62.82 2037 74.78
19 45.18 48.44 51.79 55.44 59.33 63.37 2038 76.89
20 45.89 49.12 52.43 56.05 59.90 63.91 2039 78.57
2040 80.30
2041 81.97
2042 83.84
2043 85.95
2044 88.43
2045 90.49
IDAHO POWER COMPANY Page 5
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
PACIFICORP
AVOIDED COST RATES FOR WIND PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 31.84 2021 23.83
3 23.12 24.19 25.21 27.28 30.11 33.09 2022 23.90
4 23.52 24.82 26.34 28.66 31.40 34.82 2023 24.93
5 24.12 25.76 27.56 29.90 33.01 36.03 2024 27.03
6 24.96 26.81 28.70 31.40 34.23 36.89 2025 30.30
7 25.92 27.83 30.06 32.58 35.14 37.58 2026 33.51
8 26.86 29.06 31.18 33.49 35.88 38.22 2027 35.90
9 27.98 30.09 32.07 34.26 36.56 38.85 2028 40.89
10 28.95 30.94 32.83 34.96 37.22 39.45 2029 41.93
11 29.75 31.66 33.53 35.63 37.84 40.02 2030 42.32
12 30.45 32.34 34.19 36.26 38.43 40.56 2031 43.04
13 31.10 32.97 34.81 36.85 38.98 41.12 2032 44.39
14 31.72 33.58 35.40 37.40 39.54 41.66 2033 46.05
15 32.31 34.15 35.94 37.96 40.08 42.18 2034 47.61
16 32.85 34.68 36.49 38.50 40.59 42.66 2035 48.91
17 33.37 35.21 37.02 39.00 41.08 43.13 2036 50.27
18 33.88 35.72 37.51 39.49 41.54 43.58 2037 52.47
19 34.37 36.20 37.99 39.94 41.98 44.01 2038 54.25
20 34.84 36.65 38.43 40.38 42.41 44.44 2039 55.60
2040 56.99
2041 58.32
2042 59.84
2043 61.60
2044 63.72
2045 65.42
PACIFICORP Page 1
Note: The rates shown in this table have been computed using the U.S. Energy Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
Note: These rates will be further adjusted with the applicable integration charge.
PACIFICORP
AVOIDED COST RATES FOR SOLAR PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 31.84 2021 23.83
3 23.12 24.19 25.21 27.28 30.11 33.09 2022 23.90
4 23.52 24.82 26.34 28.66 31.40 41.45 2023 24.93
5 24.12 25.76 27.56 29.90 38.11 46.70 2024 27.03
6 24.96 26.81 28.70 35.47 42.76 50.30 2025 30.30
7 25.92 27.83 33.41 39.59 46.16 52.98 2026 33.51
8 26.86 31.87 37.07 42.74 48.80 55.15 2027 35.90
9 30.38 35.11 39.95 45.27 50.99 57.00 2028 70.75
10 33.27 37.73 42.32 47.39 52.86 58.60 2029 72.23
11 35.66 39.92 44.35 49.24 54.51 60.01 2030 73.07
12 37.70 41.83 46.13 50.88 55.96 61.26 2031 74.24
13 39.48 43.52 47.72 52.33 57.26 62.44 2032 76.05
14 41.08 45.04 49.14 53.63 58.47 63.53 2033 78.18
15 42.53 46.40 50.42 54.84 59.59 64.53 2034 80.21
16 43.83 47.64 51.61 55.97 60.61 65.46 2035 81.99
17 45.02 48.79 52.71 57.00 61.56 66.32 2036 83.83
18 46.13 49.86 53.73 57.95 62.44 67.13 2037 86.53
19 47.16 50.85 54.67 58.83 63.27 67.89 2038 88.81
20 48.11 51.77 55.54 59.65 64.04 68.63 2039 90.67
2040 92.58
2041 94.43
2042 96.48
2043 98.78
2044 101.45
2045 103.71
PACIFICORP Page 2
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
PACIFICORP
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 31.84 2021 23.83
3 23.12 24.19 25.21 27.28 30.11 33.09 2022 23.90
4 23.52 24.82 26.34 28.66 31.40 40.81 2023 24.93
5 24.12 25.76 27.56 29.90 37.61 45.66 2024 27.03
6 24.96 26.81 28.70 35.07 41.93 48.99 2025 30.30
7 25.92 27.83 33.09 38.91 45.09 51.49 2026 33.51
8 26.86 31.60 36.49 41.84 47.55 53.51 2027 35.90
9 30.14 34.62 39.19 44.20 49.59 55.24 2028 67.85
10 32.85 37.07 41.40 46.19 51.35 56.74 2029 69.29
11 35.09 39.12 43.30 47.92 52.89 58.07 2030 70.08
12 36.99 40.91 44.97 49.46 54.26 59.25 2031 71.21
13 38.67 42.50 46.47 50.82 55.48 60.37 2032 72.97
14 40.18 43.93 47.80 52.05 56.63 61.41 2033 75.06
15 41.54 45.21 49.01 53.20 57.69 62.36 2034 77.04
16 42.77 46.38 50.14 54.27 58.67 63.25 2035 78.78
17 43.89 47.47 51.19 55.25 59.57 64.07 2036 80.57
18 44.94 48.49 52.16 56.16 60.41 64.84 2037 83.22
19 45.92 49.43 53.05 57.00 61.20 65.57 2038 85.46
20 46.83 50.30 53.88 57.78 61.94 66.28 2039 87.27
2040 89.12
2041 90.92
2042 92.92
2043 95.17
2044 97.79
2045 99.99
PACIFICORP Page 3
Note: The rates shown in this table have been computed using the U.S. Energy Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
Note: These rates will be further adjusted with the applicable integration charge.
PACIFICORP
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 31.84 2021 23.83
3 23.12 24.19 25.21 27.28 30.11 33.09 2022 23.90
4 23.52 24.82 26.34 28.66 31.40 45.32 2023 24.93
5 24.12 25.76 27.56 29.90 41.08 52.92 2024 27.03
6 24.96 26.81 28.70 37.84 47.74 58.12 2025 30.30
7 25.92 27.83 35.37 43.68 52.59 61.96 2026 33.51
8 26.86 33.51 40.50 48.14 56.34 65.03 2027 35.90
9 31.77 38.03 44.55 51.69 59.40 67.58 2028 88.17
10 35.79 41.69 47.86 54.65 61.99 69.77 2029 89.91
11 39.11 44.74 50.66 57.19 64.23 71.66 2030 91.00
12 41.92 47.37 53.10 59.41 66.18 73.34 2031 92.44
13 44.37 49.68 55.25 61.36 67.92 74.88 2032 94.51
14 46.55 51.72 57.15 63.10 69.51 76.29 2033 96.92
15 48.49 53.55 58.86 64.69 70.97 77.57 2034 99.22
16 50.23 55.20 60.43 66.16 72.29 78.76 2035 101.28
17 51.81 56.72 61.87 67.49 73.51 79.85 2036 103.41
18 53.27 58.12 63.19 68.72 74.63 80.86 2037 106.40
19 54.62 59.40 64.40 69.85 75.68 81.82 2038 108.97
20 55.86 60.58 65.52 70.90 76.66 82.73 2039 111.13
2040 113.34
2041 115.49
2042 117.85
2043 120.47
2044 123.46
2045 126.04
PACIFICORP Page 4
June 1, 2020
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
PACIFICORP
AVOIDED COST RATES FOR OTHER PROJECTS
$/MWh
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2020 2021 2022 2023 2024 2025 YEAR RATES
1 21.79 23.83 23.90 24.93 27.03 30.30 2020 21.79
2 22.77 23.87 24.40 25.94 28.60 31.84 2021 23.83
3 23.12 24.19 25.21 27.28 30.11 33.09 2022 23.90
4 23.52 24.82 26.34 28.66 31.40 39.06 2023 24.93
5 24.12 25.76 27.56 29.90 36.27 42.85 2024 27.03
6 24.96 26.81 28.70 34.00 39.69 45.46 2025 30.30
7 25.92 27.83 32.21 37.06 42.19 47.43 2026 33.51
8 26.86 30.86 34.94 39.41 44.14 49.05 2027 35.90
9 29.51 33.30 37.11 41.30 45.79 50.45 2028 59.98
10 31.71 35.28 38.90 42.91 47.22 51.70 2029 61.31
11 33.53 36.95 40.45 44.33 48.50 52.80 2030 61.98
12 35.09 38.41 41.83 45.61 49.64 53.80 2031 62.99
13 36.46 39.72 43.07 46.75 50.67 54.75 2032 64.63
14 37.71 40.91 44.18 47.78 51.64 55.65 2033 66.60
15 38.84 41.98 45.20 48.76 52.55 56.47 2034 68.45
16 39.87 42.97 46.16 49.67 53.40 57.24 2035 70.06
17 40.82 43.90 47.05 50.51 54.18 57.96 2036 71.73
18 41.71 44.76 47.88 51.29 54.91 58.64 2037 74.25
19 42.55 45.57 48.65 52.02 55.59 59.28 2038 76.35
20 43.33 46.32 49.37 52.70 56.24 59.91 2039 78.03
2040 79.75
2041 81.41
2042 83.27
2043 85.37
2044 87.85
2045 89.90
PACIFICORP Page 5
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
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 Information Administration (EIA)'s Annual Energy Outlook
2020, released January 29, 2020. See Annual Energy Outlook 2020, Table 3.8 Energy Prices by Sector-Mountain at
https://www.eia.gov/outlooks/aeo/tables_ref.php
June 1, 2020