20070104January BPA Credit.pdf

IDAHO
POWE R (B)
IDAHO POWER COMPANY
O, BOX 70
BOISE, IDAHO 83707
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An IDACORP Company f\tJ-4 Mi 8: 1311
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PHIL A. OBENCHAIN
Senior Pricing Analyst
Pricing & Regulatory Services
IDAHC ~;.J . ic.~",. [phone]
UT!LI'C\~=;3 CU",; .~;:)iU, FAX [phone]- E-MAIL pobenchain~idahopower.com
January 2 , 2007
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 January BPA Credit. The
calculation results in a credit of $.003893/kWh , which will be applied to the January residential
bills beginning with Cycle 1 on December 29 , 2006.
The January credit has been reduced by $0.001265/kWh or approximately
$519 000 for use in a potential settlement of the deemer account balance which has been
carried over from the original 1981 Residential Purchase and Sale Agreement. However, if a
settlement is not reached this amount will be promptly passed through to customers.
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.
Phil A. Obenchain
PAO:sw
Attachment
Beverly Barker, IPUC
Terri Carlock, IPUC
Randy Lobb, IPUC
Ric Gale, IPca
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