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HomeMy WebLinkAbout20170123Energy Efficiency Rider Report.pdfLISA D. NORDSTROM Lead Counsel lnordstrom@idahopower.com January 18, 2017 Ms. Diane Hanian Commission Secretary Idaho Public Utilities Commission PO Box 83720 Boise, ID 83720-0074 RECEIVE D An IDACORP Company Zul ,J .. i 23 19=39 Re: Idaho Power Company's Idaho Energy Efficiency Rider Activity and Balance Report through December 2016 Dear Ms. Hanian: Enclosed please find Idaho Power Company's Idaho Energy Efficiency Rider Activity and Balance Report for the month-end December 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 Very truly yours, ~~Jl.Ltt~ Lisa D. Nordstrom 2016 IDAHO ENERGY EFFICIENCY RIDER ACTIVITY Jan-16 Feb-16 Mar-16 i\11r-16 Ma~-16 Jun-16 Jul-16 Aug-16 Se~-16 Oct-16 Nov-16 Dec-16 Total Beginning Balance s (6,554,074) $ (7,928,709) S (9,227,578) S (10,109,193) S (10,408,200) S (6,513,983) $ (6,574,314) S (9,376,790) $ (10,799,856) $ (11,610,113) $ (11,693,156) $ (12,110,713) 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) $ (2,992,563) S (39,344,732) Carrying Charges• 6,648 6,034 7,148 8,057 8,549 7,051 5,453 6,646 8,407 9,337 9,710 9,918 92,960 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) $ (3,002,482) $ (39,437,692} Transfer to PCA .. 3,970,036 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 4,383,044 31,291,579 Ending Balance s !7 ,928,7091 S !9,227,5781 $ !10,109,1931 S !10,408,2001 S !6,513,9831 S !6,574,3141 s !9,376,7901 S !10,799,8561 S !11,610,1131 S !11,693,1561 S 112,110,1131 S !10,730,151 Notes •1n 2016, carrying charges equal to an annual rate of 1 % 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."