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HomeMy WebLinkAbout20040429May BPA Credit.pdfIDAHO POWER COM~~ eEl V E 0 O. BOX 70 F ! LED BOISE, IDAHO B3707 An IDACORP Company 2fifi4 APR 29 AM 8: 5 \ PHIL A. OBENCHAIN Senior Pricing Analyst Pricing & Regulatory Services ' c "~, ) F-v8UC UT\L(r'IES CO!1t'1ISSION (208) 388-2713 FAX (208) 388-6449 MAIL pobenchaincmidahopower.com April 28, 2004 Ms. Jean D. Jewell, Secretary Idaho Public Utilities Commission 472 West Washington Street P. O. Box 83720 Boise, Idaho 83720-0074 RE:Case No. IPC-01- Application For Authority To Implement A Residential and Small Farm Energy Rate Adjustment Credit Dear Ms. Jewell: Attached is Idaho Power Company s calculation of the May BPA Credit. The calculation resulted in a credit of $.006374/kWh, which will be applied to the May residential bills beginning with Cycle 1 on April 28, 2004. The Company will continue to notify the Commission Staff at the beginning of each revenue month giving you the opportunity to respond to any customer inquiries that may result. If you have questions, please do not hesitate to call. Sincerely,J/8fr Phil A. Obenchain PAO:sw Attachment Beverly Barker, IPUC Terri Carlock, IPUC Randy Lobb, I PUC Ric Gale, I pca ID A H O P O W E R C O M P A N Y BP A R E S I D E N T I A L E X C H A N G E S E T T L E M E N T CA L C U L A T I O N O F B E N E F I T S PH Y S I C A L P O W E R B E N E F I T C O N V E R T E D T O F I N A N C I A L MO N E T A R Y B E N E F I T BP A R E S . E X . TO T A L MI D . C O R CO S T A T TO T A L BP A CU R R E N T SE T T L E M E N T R E V E N U E R E A D DE M A N D MO N T H L Y RL " PO W E R FB P F MA R K E T O R PO W E R DE M A N D AD J U S T M E N T S MO N T H MO N T H MO N T H DA T E fM W l HO U R S E N E R G Y RA T E CO S T PR I C E FB P F P R I C E BE N E F I T fM W l $/ M W H TO T A L LB . F B & S N BE N E F I T Oe t - No v - 03 10 / 2 8 74 5 44 , 70 0 $2 4 . 27 0 $ 1 . 0 8 4 , 84 8 $3 8 $ 1 , 69 8 , 60 0 $6 1 3 , 75 2 $2 1 . 26 2 $8 7 1 , 21 0 $0 $ 1 , 4 8 4 , 96 2 No v - De e - 03 11 / 2 8 72 0 43 , 20 0 $3 3 . 7 8 7 $ 1 , 4 5 9 , 61 6 $3 8 $ 1 , 64 1 , 60 0 $1 8 1 , 98 4 $1 4 . 69 8 $5 8 2 , 04 1 $7 6 4 , 02 4 De e - Ja n - 04 12 / 3 0 74 4 44 , 64 0 $3 4 . 12 7 $ 1 , 52 3 , 4 2 9 $3 8 $ 1 , 69 6 , 32 0 $1 7 2 , 89 1 $1 4 . 4 5 9 $5 9 1 , 66 2 ($ 2 5 , 21 9 ) $7 3 9 , 33 4 Ja n - Fe b - 1/ 2 9 74 4 44 , 64 0 $2 9 . 48 2 $ 1 , 31 6 , 07 8 $3 8 $ 1 , 69 6 , 32 0 $3 8 0 , 24 2 $1 7 . 4 8 5 $7 1 5 , 4 8 6 $2 5 2 , 34 0 $ 1 , 34 8 , 06 8 Fe b - Ma r - 04 2/ 2 7 69 6 41 , 76 0 $2 7 . 37 0 $ 1 , 14 2 , 97 1 $3 8 $ 1 , 5 8 6 , 88 0 $4 4 3 , 90 9 $1 8 . 94 2 $7 2 5 , 10 0 $1 8 0 , 12 7 $ 1 , 34 9 , 13 6 Ma r - Ap r - 04 3/ 3 1 74 4 44 , 64 0 $2 4 . 4 2 5 $ 1 , 09 0 , 35 4 $3 8 $ 1 , 69 6 , 32 0 $6 0 5 , 96 6 $2 0 . 99 2 $8 5 8 , 99 3 $1 5 5 , 96 9 $ 1 , 62 0 , 92 8 Ap r . Ma y . 04 41 2 9 71 9 43 , 14 0 $1 9 . $8 4 7 , 73 8 $3 8 $ 1 , 63 9 . 32 0 $7 9 1 , 58 2 $2 4 . $9 7 4 , 4 2 8 $1 4 9 , 08 7 $ 1 , 91 5 , 09 8 Ma y - O 4 Ju n - 5/ 2 9 74 4 64 0 $1 9 . 4 3 7 $8 6 7 , 67 9 $3 8 $1 , 69 6 , 32 0 $8 2 8 , 6 4 1 $2 5 . 54 0 04 5 09 7 87 3 , 73 7 Ju n - Ju l - 6/ 2 7 72 0 43 , 20 0 $2 4 . $1 , 05 8 , 4 6 6 $3 8 64 1 , 60 0 $5 8 3 , 13 4 $2 2 . 29 4 $8 8 2 , 8 4 2 $1 , 4 6 5 , 97 6 Ju l - O 4 Au g - 7/ 2 9 74 4 64 0 $3 4 . 04 6 51 9 82 4 $3 8 69 6 , 32 0 $1 7 6 , 4 9 6 $1 6 . 17 6 $6 6 1 92 2 $8 3 8 41 8 Au g - O 4 Se p - O 4 8/ 2 7 74 4 64 0 $4 5 . 10 4 $2 , 01 3 , 4 6 3 $3 8 69 6 32 0 ($ 3 1 7 14 3 ) $9 . 08 7 $3 7 1 84 0 $5 4 , 69 7 Se p - O 4 Oc t - O 4 9/ 2 6 72 0 43 . 20 0 $3 8 . 05 8 $1 , 64 4 , 10 3 $1 , 64 1 , 60 0 ($ 2 , 50 3 ) $1 3 . 6 0 4 $5 3 8 . 71 8 $5 3 6 , 21 6 TO T A L I D A H O B E N E F I T S O C T . O3 - S E P . 78 4 52 7 04 0 $2 6 . 7 7 0 $1 4 10 8 95 4 $3 5 $1 8 , 38 5 , 92 0 $4 , 27 6 , 96 6 $8 , 23 7 29 9 $1 3 , 22 6 , 56 9 pa o . l P U C RE S RP T _ 10 - O 2 03 . xls . CR E D I T _ CA L C . . 4I 2 8 1 2 0 0 4 . 9: 4 4 A M . Pa g e 1 ID A H O P O W E R C O M P A N Y BP A R E S I D E N T I A L E X C H A N G E S E T T L E M E N T CA L C U L A T I O N O F B E N E F I T S AC T U A L P A Y O U T A D J U S T M E N T BP A R E S . E X . CU R R E N T RE S I D E N T I A L TO T A L PR E V I O U S TO T A L BI L L I N G RE S I D E N T I A L AC T U A L SE T T L E M E N T R E V E N U E RE A D MO N T H SA L E S RE S I D E N T I A L MO N T H RE S I D E N T I A L MO N T H CR E D I T IR R I G A T I O N RE V E N U E MO N T H CA L C . MO N T H MO N T H DA T E BE N E F I T RA T I O BE N E F I T AD J U S T M E N T BE N E F I T kW h $/ k W h BE N E F I T MO N T H PA Y O U T PA Y O U T DI F F . .- . . . - Oe t - No v - 03 10 / 2 8 $1 , 4 8 4 , 96 2 70 . 84 % $1 , 05 1 , 94 7 ($ 4 2 6 , 34 8 ) $6 2 5 , 59 9 34 5 , 14 9 , 70 0 $0 . 00 1 8 1 3 $4 3 3 , 01 5 Se p - $1 , 26 9 ($ 4 2 5 , 07 9 ) ( $ 4 2 6 , 34 8 ) No v - De e - 03 11 / 2 8 $7 6 4 , 02 4 87 . 35 % $6 6 7 , 37 5 ($ 9 , 05 8 ) $6 5 8 , 31 7 45 5 , 23 9 , 05 0 $0 . 00 1 4 4 6 $9 6 . 64 9 Oe t - $1 3 3 , 90 2 $1 2 4 , 84 4 ($ 9 , 05 8 ) De e - Ja n - 04 12 / 3 0 $7 3 9 , 33 4 98 . 81 % $7 3 0 , 53 6 $2 7 , 30 8 $7 5 7 , 84 4 51 0 , 18 0 , 30 0 $0 . 00 1 4 8 5 $8 , 79 8 No v - $5 9 8 , 24 7 $6 2 5 , 55 5 $2 7 , 30 8 Ja n - Fe b - 1/ 2 9 $1 . 3 4 8 , 06 8 99 . 87 % $1 , 34 6 , 31 5 $6 6 , 31 4 $1 , 4 1 2 , 62 9 48 0 , 23 6 , 4 0 0 $0 . 00 2 9 4 2 $1 , 75 2 De e - $5 9 2 , 51 8 $6 5 8 , 83 2 $6 6 , 31 4 Fe b - Ma r - 2/ 2 7 $1 , 34 9 , 13 6 99 . 87 % $1 , 34 7 . 38 2 $4 1 , 82 4 $1 , 38 9 , 20 6 41 9 , 22 4 , 05 0 $0 . 00 3 3 1 4 $1 , 75 4 Ja n - $7 3 0 , 17 8 $7 7 2 , 00 2 $4 1 , 82 4 Ma r - Ap r - 3/ 3 1 $1 , 62 0 , 92 8 99 . 86 % $1 , 61 8 , 65 9 ($ 2 5 , 24 4 ) $1 . 59 3 , 4 1 5 34 7 , 57 5 , 00 0 $0 . 00 4 5 8 4 $2 , 26 9 Fe b - 03 $ 1 , 4 3 7 , 87 3 $1 , 4 1 2 , 62 9 ($ 2 5 , 24 4 ) Ap r . Ma v . 4/ 2 9 $1 , 91 5 . 09 8 95 . 08 % $1 . 82 0 . 87 5 $2 4 , 26 5 $1 . 84 5 . 14 0 28 9 . 4 7 2 , 00 0 $0 . 00 6 3 7 4 $9 4 . 22 3 Ma r . 03 $ 1 , 36 4 . 94 1 $1 . 38 9 . 20 6 $2 4 . 26 5 Ma y - O 4 Ju n - 5/ 2 9 87 3 , 73 7 86 . 69 % 62 4 34 3 62 4 34 3 30 1 84 2 , 4 5 0 $0 . 00 5 3 8 1 $2 4 9 , 39 4 Ap r - O 4 $1 , 4 5 1 83 1 $1 , 4 5 1 83 1 Ju n - O 4 Ju l - O 4 6/ 2 7 $1 , 4 6 5 , 97 6 67 . 08 % $9 8 3 , 37 7 $9 8 3 , 37 7 33 7 03 7 , 4 0 0 $0 . 00 2 9 1 8 $4 8 2 , 59 9 Ma y - 67 0 , 62 1 $1 , 67 0 , 62 1 Ju l - O 4 Au g - O 4 7/ 2 9 $8 3 8 41 8 60 . 96 % $5 1 1 09 9 $5 1 1 09 9 37 4 50 7 , 70 0 $0 . 00 1 3 6 5 $3 2 7 31 8 Ju n - O 4 $1 , 62 4 34 3 $1 , 62 4 34 3 Au g - O 4 Se p - 8/ 2 7 $5 4 69 7 66 . 72 % $3 6 , 4 9 4 $3 6 , 4 9 4 33 2 , 17 1 70 0 $0 . 00 0 1 1 0 $1 8 20 3 Ju l - $9 8 3 37 7 $9 8 3 , 37 7 Se p - O 4 Oc t - O 4 9/ 2 6 $5 3 6 . 21 6 67 . 59 % $3 6 2 . 4 2 8 $3 6 2 . 4 2 8 27 6 , 06 2 , 85 0 $0 . 00 1 3 1 3 $1 7 3 . 7 8 8 Au Q - $5 1 1 . 09 9 $5 1 1 . 09 9 TO T A L I D A H O B E N E F I T S O C T . O3 - S E P . $1 3 , 99 0 59 4 $1 1 10 0 19 9 ($ 3 0 0 93 9 ) pa o J P U C RE S RP C 1 0 - O 2 9- O 3 ~ l s . - C R E D I T _ CA L C . . 41 2 8 1 2 0 0 4 . 9:4 4 A M . Pa g e 2