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HomeMy WebLinkAbout20061031November BPA credit.pdfIDAHO POWE R CID RECE!VED An IDACORP Company PHIL A. OBENCHAIN Senior Pricing Analyst Pricing & Regulatory Services zonG OCT 3 I A~\ 8: 06 , ,- ,-,. ' I ,IOAt;U nJiJ!I'i, . dOO r-r,' .... C:; .,, c..oJ \..IV.."" '-"-'. .. (208) 388-2713 FAX (208) 388-6449 MAIL pobenchain~idahopower.com October 30 , 2006 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 November BPA Credit.The calculation results in a credit of $.004173/kWh, which will be applied to the November residential bills beginning with Cycle 1 on October 27, 2006. The calculation has changed this month due to a change in BPA's Residential Exchange Program (REP) methodology used to caclulate an increased monetary benefit, which will remain in effect for the next five years. The attached report reflects the new changes. 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 Phil A. Obenchain PAO:sw Attachment Beverly Barker, IPUC Terri Carlock, IPUC Randy Lobb, IPUC Ric Gale, I PCO BP A IP C EX C H A N G E R E V E N U E OO N T H MO N T H BIL L DA T E DE M A N D I! ! m BP A MO N T H HO U R S MO N T H L Y PA Y M E N T AM D U N T ID A H O P O W E R C O M P A N Y CA L C U L A T I O N O F M O N E T A R Y B E N E F I T M O N T H L Y P A Y M E N T A M O U N T S ID A H O SP A A D J U S T M E N T S LB C R A C DF R l . TR U E - UP AD J U S T , CU R R E N T MO N T H BE N E F I T CU R R E N T OO N T H BE N E F I T RE S I D E N T I A L SA L E S RA T I O PR E V l O U S MO N T H TR U E - TO T A l RE S I D E N T I A L BE N E F I T BI L L I N G OO N T H IR R I G A T I O N BE N E A T MO N T H L Y EN E R G Y RE S I D E N T I A L CR E D I T TO T A l RE S I D E N T I A l BE N E F I T MP = ( F B P F . R L ) ' M B . H R S ( 8 7 6 0 O R 8 7 8 4 ) / 1 2 M O S - WH E R E : MP = M o n t h l y P a y m B n l A m o u n ~ e x p r e s s o d I n d o l l a r s , f o r e a c h m o n t h o ! s u o h C o n t r a c t V e a r - FB P F = F o r w a r d F l a t . Bl o c k P r i c e F o r e c a s t , e x p r e s s o d I n $ I M W h , f o r s u c h C o n t r a c t V e a r - RL = T h e h o u r l y w e i g h t e d a n n u a l a v e r a g e R L R a t e c a l c u l a t o d a t 1 0 0 p e r c e n t a n n u a l l o a d f a c t o r , e x p r e s s o d I n $ I M W h , f o r s u c h C o n t r a c t V e a r - MB = M o n e t a r y B e n e l l t a m o u n ~ e x p r e s s o d I n a n n u a l a M W - SU B J E C T T O : MB C = M o n t e t a l ) ' B e n e l i t C a p , m e a n s t h e m a x i m u m a m o u n ~ e x p r e s s e d I n $ I M W h , b y w h i c h t h e F B P F m a y e x c e e d t h e R L MB F = M o n t e t a l ) ' B e n e l l t F l o o r , m e a n s t h e m i n i m u m a m o u n ~ e x p r e s s o d i n $ / M W h , b y w h i c h t h e F B P F m a y e x c e e d t h e R L MB C = $ 1 5 . 59 0 MB F = $ 5 _ 20 0 FB P F = $ 5 8 _ 46 0 RL = $ 2 5 _ 87 5 MB = 2 1 5 FY . 20 0 7 : 1 O c t - 06 N o v - 06 10 / 3 1 21 5 2 N o v - 06 D e e - 06 12 / 1 21 5 De e - 0 6 J a n - 07 12 / 2 8 21 5 4 J a n - 07 Fe b - 0 7 1/ 2 9 21 5 Fe b - 0 7 M a r - 07 2/ 2 6 21 5 6 M a r - 07 Ap r - O 7 4/ 1 21 5 Ap r - O 7 Ma y - O 7 4 / 3 0 21 5 8 M a y - 07 Ju n - O 7 5/ 3 0 21 5 Ju n - O 7 Ju l - O 7 6 / 2 8 21 5 10 Ju l - O 7 A U 9 - 07 71 3 0 21 5 11 A U 9 - 07 S e p - 07 8/ 2 9 21 5 12 Se p - 0 7 O c t - 07 9/ 3 0 21 5 Ba s e F Y . 20 0 7 M o n t h l y P a y m e n l A m o u n t = FY . 07 M o n t h l y T r u e - u p A d j u s t m e n t = No v - 06 O c t - De e - 06 D e e - Ja n - 07 D e c - Fe b - 0 7 J a n - Ma r - O 7 Fe b - O 1 Ap r - O 7 A p r - Ma y - O 7 A p r - Ju n - O 7 Ma y - O l Ju l - O 7 J u n - AU 9 - O 7 Ju l - O 1 Se p - O 7 AU 9 - O 1 Oc t - O 7 Se p - 0 1 FY . 20 0 8 : FY - 20 1 1 : FY - 20 0 1 0 : FY . 20 1 1 : p.o , BP A CR . . C A l C 20 0 7 - 20 1 1 ( 3 ) . I , . I O A H O , 1D I 3 O / 2 O O 6 , 10 o 0 9 AM , 74 4 72 0 74 4 74 4 67 2 74 4 71 9 74 4 72 0 74 4 74 4 72 0 15 9 96 0 $ 2 , 4 9 3 77 6 15 4 80 0 $ 2 , 4 1 3 33 2 15 9 96 0 $ 2 , 4 9 3 77 6 15 9 96 0 $ 2 , 4 9 3 , 7 7 6 14 4 , 4 8 0 $ 2 25 2 , 44 3 15 9 96 0 $ 2 , 4 9 3 77 6 15 4 58 5 $ 2 , 40 9 98 0 15 9 96 0 $ 2 , 4 9 3 77 6 15 4 , 80 0 $ 2 , 4 1 3 33 2 15 9 96 0 $ 2 , 4 9 3 77 6 15 9 96 0 $ 2 , 4 9 3 77 6 15 4 80 0 $ 2 , 4 1 3 33 2 $0 $ 2 , 4 9 3 77 6 $0 $ 2 , 4 1 3 33 2 $0 $ 2 , 4 9 3 77 6 $0 $ 2 , 4 9 3 77 6 $0 $ 2 , 25 2 44 3 $0 $ 2 , 4 9 3 77 6 $0 $ 2 , 4 0 9 , 98 0 $0 $ 2 , 4 9 3 77 6 $0 $ 2 41 3 33 2 $0 $ 2 , 49 3 77 6 $0 $ 2 , 49 3 77 6 $0 $ 2 , 4 1 3 , 33 2 $2 , 4 9 3 , 77 6 $2 , 41 3 33 2 $2 , 4 9 3 77 6 $2 , 4 9 3 , 77 6 $2 , 25 2 44 3 $2 , 4 9 3 , 77 6 $2 , 4 0 9 98 0 $2 , 4 9 3 77 6 $2 , 4 1 3 33 2 $2 , 4 9 3 77 6 $2 , 4 9 3 77 6 $2 4 1 3 3 3 2 $2 9 35 8 85 1 RE V E N U E OO N T H MO N T H L Y T R U E - U P AC T U A l CA l C , !'! ' ! ! Q ! ! ! PA Y O U T 72 , 42 % 80 5 99 3 80 5 99 3 35 9 51 2 00 0 $0 , 00 5 0 2 3 $6 8 7 78 3 s. p - 0 6 $4 0 9 25 8 $2 4 64 9 ($ 3 M 60 9 ) 91 , 06 % 19 7 , 58 0 19 7 58 0 47 1 64 0 00 0 $0 , 00 4 6 5 9 $2 1 5 75 2 Oc l - O O $8 2 2 19 2 99 , 35 % 47 7 56 6 $2 , 47 7 , 56 6 56 4 97 7 00 0 $0 , 00 4 3 8 5 11 6 21 0 No v - O O 09 6 27 9 99 , 62 % $2 , 4 8 9 28 7 $2 , 4 8 9 28 7 52 1 , 05 1 , 00 0 $0 , 00 4 7 7 7 $4 , 48 9 Do c - O 6 09 6 27 9 99 , 81 % 24 8 16 3 $2 , 24 8 16 3 46 2 , 26 6 00 0 $0 , 00 4 8 6 3 $4 , 28 0 J.. - O 7 $2 , 09 6 27 9 99 , 76 % $2 , 4 8 8 29 0 $2 , 4 8 8 29 0 39 6 , 26 8 00 0 $0 , 00 6 2 7 9 48 6 F. b - O 7 09 6 27 9 99 , 52 % $2 , 39 8 , 4 1 2 39 8 , 4 1 2 32 6 76 2 00 0 $0 , 00 7 3 4 0 $1 1 56 8 M,, - O 7 $2 , 09 6 27 9 89 , 67 % 23 6 16 9 $2 , 23 6 16 9 31 9 27 0 00 0 $0 , 00 7 0 0 4 12 5 7 60 7 A,, - O 7 09 6 27 9 7D . 4 8 % 70 0 91 6 $1 , 70 0 91 6 37 0 , 31 2 , 00 0 $0 , 00 4 5 9 3 $7 1 2 , 4 1 6 M. y - O 7 09 6 27 9 67 , 79 % 69 0 53 1 $1 , 69 0 53 1 42 4 , 32 0 00 0 $0 , 00 3 9 8 4 $8 0 3 24 5 Jo " - O 7 09 6 27 9 70 , 62 % 76 1 10 5 76 1 , 10 5 38 2 05 1 00 0 $0 , 00 4 6 1 0 $7 3 2 , 67 1 Jo I - O 7 $2 , 09 6 27 9 68 , 84 % $1 6 6 1 3 3 8 $1 6 6 1 , 33 8 32 3 2 4 4 0 0 0 $0 , 00 5 1 4 0 17 5 1 9 9 4 A! ! g , Q I 09 6 27 9 85 , 68 % $2 5 15 5 35 0 $2 5 , 15 5 35 0 4 92 1 , 67 3 00 0 $0 _ 00 5 1 1 1 $4 , 20 3 50 1 (1 3 M 60 9 ) 41 0 13 9 , 4 1 7 ($ 0 , 00 0 9 3 8 ) $0 _ 00 4 1 7 3 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 41 0 13 9 41 7 $0 , 00 0 0 0 0 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 41 0 13 9 41 7 $0 , 00 0 0 0 0 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 41 0 13 9 41 7 $0 , 00 0 0 0 0 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 41 0 13 9 , 4 1 7 10 , 00 0 0 0 0 41 0 13 9 , 4 1 7 $0 , 00 0 0 0 0 Pa g e 1