20170630Redacted Compliance Filing.pdf

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An TDACORP Company
LISA D. NORDSTROITi
Lead Counsel
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June 30, 2017
VIA HAND DELIVERY
Diane Hanian, Secretary
Idaho Public Utilities Commission
472 West Washington Street
Boise, ldaho 83702
Case No. IPC-E-O1-16 - Compliance Filing - Changes to Energy Risk
Management Policy and Standards - May 2017 Update
Dear Ms. Hanian
The IDACORP, lnc., Energy Risk Management Standards ('Standards'), adopted
pursuant to the IDACORP, lnc., Energy Risk Management Policy ('Policy''), require that any
modifications to the Policy and Standards be filed with the ldaho Public Utilities Commission
('Commission') upon approval by the Audit Committee of the Board of Directors of ldaho Power
Company ("!daho Powe/' or "Company''). Accordingly, enclosed are an original and three (3)
confidential copies of the updated Policy and Standards (including the redlined version of each
page that was changed), as approved by the Audit Committee of the Board of Directors. ln
addition, ldaho Power has enclosed an original and three (3) copies of a Counse! Certificate
certifying that these changes were approved by the IDACORP Audit Committee.
ldaho Power modified the Policy and Standards to revise the name and position title of
the designated oversight officer, update the duties of the middle and back offices, and add to
the list of approved instruments.
Please note that the Policy and Standards contain wholesale market strategy that is
commercially sensitive and if disclosed freely could subject ldaho Power or its customers to risk
of competitive disadvantage or other business injury. The undersigned attorney, in accordance
with RP 67, certifies that the Policy and Standards contain information that is a trade secret as
described in ldaho Code S 7+101, ef seg., and $ 48-801, ef seg., and as such is exempt from
public inspection, examination, or copying.
lf you have any questions, please contact me at [phone].
Sincerely,
LDN:kkt
Enclosurescc: Randy Lobb (w/encls.)
Teni Carlock (w/encls.)
Re:
Lisa D. Nordstrom
t a
IDAHO POWER COMPANY
COUNSEL CERTIFICATE
l, CherylW. Thompson, in my capacity as Corporate Counsel of ldaho Power Company,
an ldaho corporation ("ldaho Powe/), do hereby certrfy on behalf of ldaho Power that at a
regular meeting of the Audit Committee of the Board of Directors of ldaho Power (the"9 9") held on May 18,2017, the Committee adopted the following resolution:
RESOLVED, that the Energy Risk Management Policy and the Energy Risk
Management Standards, including the appendices thereto, are hereby approved
in the form or substantially the form presented to the Committee at this meeting.
lN WITNESS WHEREOF, the undersigned has executed this certificate on behalf of
ldaho Power, in her capacity as legal counsel to ldaho Power and not in her individual capacity,
as of June 28,2017.
IDAHO POWER COMPANY
Cheryl Thompson
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