20180105Compliance Filing.pdf

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LISA D. NORDSTROM
Lead Counsel
[e-mail]
January 5,2018
VIA HAND DELIVERY
Diane Hanian, Secretary
ldaho Public Utilities Commission
47 2 W esl Wash ington Street
Boise, ldaho 83702
Case No. IPC-E-01-16 - Compliance Filing - Changes to Energy Risk
Management Policy and Standards - December 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 ("ldaho Power" or "Company"). Accordingly, enclosed are:. an original and three (3) confidential copies of the updated Standards as
approved by the Audit Committee of the Board of Directors;o the redlined version of each page that was changed (except for the updates to
Appendix F described below); and. an original and three (3) copies of a Counsel Certificate certifying that these
changes were approved by the IDACORP Audit Committee.
ldaho Power modified the Standards to incorporate Appendix F Risk Guidelines for the
2018-2019 Power Cost Adjustment year, which were developed by ldaho Power with input from
the Customer Advisory Group, as well as to make some minor adjustments to wording. These
changes to the Standards did not impact the Policy, which the Company did not modify.
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 $ 74-101, 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,
X;,A,7b"t-t"*,,*)
LDN:kkt
Enclosurescc: Randy Lobb (w/encls.)
Terri Carlock (w/encls.)
ONSS
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Lisa D. Nordstrom