HomeMy WebLinkAbout2000407_cc.docDECISION MEMORANDUM
TO: COMMISSIONER HANSEN
COMMISSIONER SMITH
COMMISSIONER KJELLANDER
MYRNA WALTERS
DON HOWELL
STEPHANIE MILLER
TONYA CLARK
RON LAW
BILL EASTLAKE
RANDY LOBB
TERRI CARLOCK
MADONNA FAUNCE
KEITH HESSING
BEVERLY BARKER
WORKING FILE
FROM: CHERI C. COPSEY
DATE: APRIL 7, 2000
RE: IN THE MATTER OF THE 1999 COMPLIANCE FILING OF IDAHO POWER COMPANY AS REQUIRED BY ORDER NO. 26216 IN CASE NO. IPC-E-95-11; CASE NO. IPC-E-00-4.
On March 28, 2000, Idaho Power Company filed its 1999 Earnings Compliance Filing pursuant to Order No. 26216 issued in Case No. IPC-E-95-11. Idaho Power indicated in its filing that the total customer revenue sharing amount is $9,025,295.
Idaho Power also stated that in February 2000, it discovered a billing error involving the FMC account and the effect of the error for 1999 was an undercharge for FMC in the amount of $699,284. Idaho Power requests the Commission to approve including an additional amount of $202,407 in the 1999 revenue sharing balance to account for this error.
Idaho Power reports that as of May 15, 2000 it will have a reserve balance of $240,392 for Agricultural Choices Program payment expenditures which are no longer required. See Order No. 28041; Case No. IPC-E-98-16. In Order No. 28041, the Commission ruled that any amount held in reserve for the Agricultural Choices Program that was not used would be included in the 1999 revenue sharing filing. After setting aside an amount for the 1999 NEEA payments, $162,751 will be available for revenue sharing as of May 15, 2000.
Therefore, according to Idaho Power, the 1999 revenue sharing balance on May 15, 2000, will be $9,630,845. As provided in Order No. 28099 (IPC-E-99-2), as of May 15, 2000, there will be an amount of $2,704,469 from the deferred 1998 customer revenue sharing which is attributable to customers other than Schedule 19 customers and special contract customers.
The Commission is currently considering its decision in IPC-E-99-13 (Idaho Power NEEA Application). That decision may affect the utilization of 1999 revenue sharing amounts. When that decision is issued, the company will submit a recommendation as to any of the uncommitted 1999 revenue sharing funds.
Commission Decision
Should the Idaho Power Company’s 1999 earnings compliance filing be processed by Modified Procedure with a 14-day comment period?
Cheri C. Copsey
Deputy Attorney General
Staff: Keith Hessing
Terri Carlock
Beverly Barker
Madonna Faunce
M:ipce0004_cc
DECISION MEMORANDUM 1