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HomeMy WebLinkAbout20161222Energy Efficiency Rider Report.pdfLISA D. NORDSTROM Lead Counsel lnordstrom@idahopower.com December 21, 2016 Ms. Jean D. Jewell Commission Secretary Idaho Public Utilities Commission PO Box 83720 Boise, ID 83720-0074 -) ::r.l=IVED \ -'V -An IDACORP company Re: Idaho Power Company's Idaho Energy Efficiency Rider Activity and Balance Report through November 2016 Dear Ms. Jewell: Enclosed please find Idaho Power Company's Idaho Energy Efficiency Rider Activity and Balance Report for the month-end November 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. The Company intends to file an application to revise the Rider percentage by December 30, 2016, per direction received in Order No. 33583. 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 Very truly yours, c>(td,_ j). 7/ ~ Lisa D. Nordstroh< 2016 IDAHO ENERGY EFFICIENCY RIDER ACTIVITY Jan-16 Feb-16 Mar-16 Aer-16 Ma~-16 Jun-16 Jul-16 Aug-16 See-16 Oct-16 Nov-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) $ (11,610,113) $ (11,693,156) 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) $ (2,638,727) $ (2,496,052) Carrying Charges• (6,648) (6,034) (7,148) (8,057) (8,549) (7,051) (5,453) (6,646) (8,407) (9,337) (9,710) 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) $ (2,648,064) $ (2,505,762) 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 2,565,021 2,088,204 Ending Balance _L___l~28,709) _l _ (9,227,578) $ (10,109,193) $ (10,408,200) $ (6,513,983) $ (6,574,314) $ (9,376,790) $ (10,799,856) $ (11,610,113) $ {11,693,156) $ (12,110,713 Notes •1n 2016, carrying charges equal to an annual rate of 1 percent of the average ending balance are calculated and accrued monthly. -1puc 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."