HomeMy WebLinkAbout20161027Energy Efficiency Rider Report.pdfLISA D. NORDSTROM
Lead Counsel
lnordstrom@idahopower.com
October 25, 2016
Ms. Jean D. Jewell
Commission Secretary
Idaho Public Utilities Commission
PO Box 83720
Boise, ID 83720-0074
RE CE IVED
20160CT 27 AM 9:23
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An IDACORP company
Re: Idaho Power Company's Idaho Energy Efficiency Rider Activity and
Balance Report through September 2016
Dear Ms. Jewell:
Enclosed please find Idaho Power Company's Idaho Energy Efficiency Rider
Activity and Balance Report for the month-end September 2016. The Rider is a
regulatory liability account and as such, a negative balance indicates that the Rider has
collected amounts in advance of funding energy efficiency programs. Alternatively, a
positive balance indicates the Rider has funded energy efficiency programs in advance
of collection.
If you have any questions, please contact Pete Pengilly at 208-388-2281.
LDN:kkt
Enclosure
cc w/ encl: Randy Lobb
Donn English
Stacey Donohue
Quentin Nesbitt
Very truly yours,
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Lisa D. Nordstrom
2016 IDAHO ENERGY EFFICIENCY RIDER ACTIVITY
Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16
Beginning Balance $ (6,554,074) $ (7,928,709) $ (9,227,578) $ (10,109,193) $ (10,408,200) $ (6,513,983) $ (6,574,314) $ (9,376,790) $ (10,799,856)
Rider Funding $ (3,401,629) $ (3,046,609) $ (2,695,836) $ (2,607,761) $ (2,662,955) $ (3,492,183) $ (4,554,550) $ (4,666,073) $ (4,089,794)
Carrying Charges* (6,648) (6,034) (7,148) (8,057) (8,549) (7,051) (5,453) (6,646) (8,407)
Total Funding $ (3,408,277) $ (3,052,644) $ (2,702,984) $ (2,615,818) $ (2,671,504) $ (3,499,234) $ (4,560,003) $ (4,672,720) $ (4,098,201)
Transfer to PCA** 3,970,036
Total Incentives/Expenses 2,033,641 1,753,775 1,821,369 2,316,812 2,595,685 3,438,903 1,757,527 3,249,653 3,287,945
Ending Balance $ (7,928,709) $ (9,227,578) $ (10,109,193) $ (10,408,200) $ (6,513,983) $ (6,574,314) $ (9,376,790) $ (10,799,856) $ (11,610,113)
Notes
*In 2016, carrying charges equal to an annual rate of 1% of the average ending balance are calculated and accrued monthly.
**IPUC Order No. 33306, page 3, "This credit ....... ensures the change to base level Net Power Supply Expenses ("NPSE") that the Commission approved in March 2014 remains revenue neutral."