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HomeMy WebLinkAbout20070201February 2007 BPA credit.pdfIDAHO POWE R (B) IDAHO POWER COMPANY O, BOX 70 BOISE, IDAHO 83707 ;~EC;L: -:. An IDACORP Company ZOO i FE3 - I II I-'.I"i ., ,U PHIL A. OBENCHAIN Senior Pricing Analyst Pricing & Regulatory Services IU".H())JUULY~" (208)388-2713 T"uri ,:~. , U~ilij !~)Sl FAX (208) 388-6449i ,.~V v ., E-MAIL pobenchain~idahopower.com January 31 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 February BPA Credit. The calculation results in a credit of $.002905/kWh, which will be applied to the February residential bills beginning with Cycle 1 on January 30 2007. The February BPA Credit has been reduced by approximately 25 percent to hold back dollars for a potential settlement of the deemer blance that has been carried over from the original 1981 Residential Purchase and Sale Agreement. If a settlement is not reached the amount held will be promptly passed through to customers. The Company will continue to notify the Commission Staff at the beginning of each revenue month giving you the opportunity to respond to any customer inquiries that may result. If you have questions , please do not hesitate to call. Phil A. Obenchain PAO:sw Attachment Beverly Barker, IPUC Terri Carlock, IPUC Randy Lobb, IPUC Ric Gale , IPCO ID A H O P O W E R C O M P A N Y CA L C U L A T I O N O F M O N E T A R Y B E N E F I T M O N T H L Y P A Y M E N T A M O U N T S ID A H O BP A IP C BP A AD J U S T M E N T S CU R R E N T CU R R E N T RE S I D E N T I A L TO T A L BI L L I N G RE S I D E N T I A L MO N T H L Y T R U E , EX C H A N G E RE V E N U E BIL L DE M A N D BP A PA Y M E N T LB C R A C DF R e . MO N T H MO N T H SA L E S RE S I D E N T I A L MO N T H CR E D I T IR R I G A T I O N RE V E N U E AC T U A L CA L C , BP A AC T U A L ) I F F E R E N C E MO N T H MO N T H DA T E 00 ' i l HO U R S EN E R G Y AM O U N T TR U E - AD J U S T , BE N E F I T BE N E F I T RA T I O BE N E F I T !!! ! Y h Iil l ' i ! l BE N E F I T MO N T H PA Y O U T PA Y O U T DIF F , CR E D I T !! ! ! Y h !!! ! Y h Ma y - Ju n - 74 4 44 , 64 0 03 0 , 58 6 ($ 1 6 . 3 2 4 1 $1 . 97 5 , 52 9 $1 , 97 5 , 52 9 89 . 67 % $1 . 7 4 6 , 15 2 30 1 . 4 0 6 , 00 0 $0 , 00 5 7 9 3 12 0 4 07 2 Ju n - 85 8 15 3 11 , 7 4 6 15 2 (1 1 1 2 00 2 ) $ 0 , 00 5 7 9 3 3 2 0 . 75 8 . 38 8 1 9 , 35 2 , 38 8 Ju n - Ju l - 72 0 43 , 20 0 $8 7 2 . 0 4 5 ($ 1 6 . 3 2 4 1 $1 , 61 0 , 52 1 61 0 , 52 1 70 . 4 8 % $1 , 17 5 . 28 3 34 4 . 4 0 1 , 00 0 $0 , 00 3 4 1 3 14 7 5 42 6 Ju l , 36 6 24 7 17 5 28 3 (1 1 9 0 96 3 ) $ 0 , 00 3 4 1 3 4 0 0 , 30 6 , 67 2 5 5 , 90 5 . 67 2 Ju l - 0 6 Au a - 74 4 44 , 64 0 $6 5 2 . 4 2 3 ($ 2 5 , 05 5 1 $1 , 05 8 , 56 6 $1 , 05 8 , 56 6 67 . 7 9 % $6 0 5 . 60 0 39 4 , 16 6 , 00 0 $0 , 00 1 5 3 6 53 4 0 96 4 Au g - $3 0 5 31 9 $6 0 5 60 0 $3 0 0 28 1 $0 , 00 1 5 3 6 4 4 8 , 23 2 . 4 2 2 5 4 , 06 6 . 4 2 2 Au a - Se p - 74 4 44 , 64 0 $3 3 8 , 61 1 ($ 2 5 , 05 5 1 $3 0 5 , 31 4 $3 0 5 . 3 1 4 70 . 62 % $2 4 , 64 9 35 3 . 4 0 1 . 00 0 $0 , 00 0 0 7 0 $6 9 70 1 S'p - 0 6 $4 0 9 25 7 52 4 64 9 (1 3 8 4 60 8 ) $ 0 , 00 0 0 7 0 3 7 1 , 70 0 , 00 0 1 8 . 29 9 . 00 0 Se p - Oc t - 72 0 43 , 20 0 $5 2 1 84 4 ($ 2 5 , 05 5 1 $7 6 0 , 91 4 $7 6 0 , 91 4 68 , 59 % $8 2 2 , 19 2 30 2 , 03 6 , 00 0 $0 , 00 2 7 2 2 52 3 9 00 3 Oc t , $8 6 1 , 7 1 9 $8 2 2 19 2 ($ 3 9 52 7 ) $ 0 , 00 2 7 2 2 3 1 6 , 57 5 , 57 3 1 4 , 53 9 , 57 3 FY . 20 0 7 : AN N U A L B E N E F I T A M O U N T 13 0 5 31 9 AT C A P O F = $1 5 , 22 4 8.7 6 0 1 96 2 , 24 0 $ 3 0 , 59 1 . 3 2 2 16 8 8 . 4 8 5 MO N T H L Y B E N E F I T A M O U N T 12 6 01 9 AT C A P O F = $1 5 , $2 , 54 9 . 2 7 7 BA S E a O N fY - Oc t - No v - 10 / 3 1 / 0 6 21 5 74 5 16 0 , 17 5 $2 , 44 6 , 85 1 $2 , 44 6 , 85 1 $2 , 44 6 , 85 1 72 . 4 2 % $2 , 09 8 , 50 1 35 9 . 51 2 , 00 0 $0 , 00 5 8 3 7 13 4 8 35 0 No v - 55 8 11 1 50 2 33 0 ($ 5 5 78 1 ) $ 0 , 00 4 1 7 3 3 7 3 , 37 9 , 08 2 1 3 . 8 6 7 , 08 2 No v - De c - 11 / 3 0 / 0 6 21 5 72 0 15 4 , 80 0 44 6 , 85 1 $2 , 44 6 , 85 1 $2 . 4 4 6 , 85 1 91 . 0 6 % $2 , 09 8 , 50 1 47 1 , 64 0 . 00 0 $0 , 00 4 4 4 9 53 4 8 35 0 a,, - 52 , 4 9 0 57 2 3S 7 . 7 1 8 (5 1 2 2 85 4 ) $ 0 , 00 5 0 1 5 4 9 6 , 62 4 . 4 7 1 2 4 , 98 4 . 4 7 1 De c - Ja n - 1/ 3 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 44 6 , 85 1 $2 . 4 4 6 , 85 1 99 . 35 % $2 , 09 8 , 50 1 56 4 , 97 7 . 0 0 0 $0 , 00 3 7 1 4 $3 4 8 35 0 Ja n - 11 , 96 3 , 4 3 9 $0 , 00 3 8 9 3 Ja n - Fe b - 2/1 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 99 , 82 % $2 , 09 8 , 50 1 52 1 , 05 1 , 00 0 $0 , 00 4 0 2 7 13 4 8 35 0 F,b - O 7 51 3 50 5 $0 - 00 0 0 0 0 Fe b - Ma r - 3/2 / 0 7 21 5 67 2 14 4 . 4 8 0 $2 . 4 4 6 , 85 1 $2 . 44 6 , 85 1 $2 . 4 4 6 , 85 1 99 . 81 % $2 , 09 8 , 50 1 46 2 , 26 6 , 00 0 $0 - 00 4 5 4 0 $3 4 8 35 0 M, , - O 7 66 9 36 2 $0 , 00 0 0 0 0 Ma r - Aa r - 4/3 1 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 99 . 7 8 % $2 , 09 8 , 50 1 39 6 , 26 8 . 00 0 $0 , 00 5 2 9 6 $3 4 8 , 35 0 Ap r - O 7 43 1 02 6 $0 , 00 0 0 0 0 Aa r - Ma y - 5/2 / 0 7 21 5 71 9 15 4 , 58 5 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 99 . 52 % $2 , 09 8 , 50 1 32 6 , 76 2 , 00 0 $0 - 00 6 4 2 2 $3 4 8 35 0 Ma y - 18 0 02 2 $0 , 00 0 0 0 0 Ma y - Ju n - 6/1 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 89 5 7 % $2 , 09 8 , 50 1 31 9 , 27 0 , 00 0 $0 , 00 6 5 7 3 53 4 8 35 0 Ju n , 15 2 96 6 $0 , 00 0 0 0 0 Ju n - Ju l - 7/2 1 0 7 21 5 72 0 15 4 , 80 0 $2 , 44 6 , 85 1 $2 . 4 4 6 . 85 1 $2 , 44 6 , 85 1 70 . 4 8 % $2 , 09 8 , 50 1 37 0 , 31 2 , 00 0 $0 , 00 5 6 6 7 13 4 8 35 0 Ju l - 33 7 29 2 $0 , 00 0 0 0 0 Ju l - Au a - 8/1 / 0 7 21 5 74 4 15 9 , 96 0 $2 , 44 6 , 85 1 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 67 . 7 9 % $2 . 09 8 , 50 1 42 4 , 32 0 . 00 0 $0 , 00 4 9 4 6 $3 4 8 35 0 Au g , 53 2 32 9 $0 , 00 0 0 0 0 Au a - Se o - 8/3 0 / 0 7 21 5 74 4 15 9 , 96 0 $2 , 44 6 , 85 1 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 70 . 62 % $2 , 09 8 , 50 1 38 2 , 05 1 . 00 0 $0 , 00 5 4 9 3 13 4 8 35 0 Sa p - 37 9 68 5 $0 - 00 0 0 0 0 Se a - Oc t - 10 / 1 1 0 7 21 5 72 0 15 4 . 80 0 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 44 6 , 85 1 68 . 8 4 % $2 , 09 8 , 50 1 32 3 . 2 4 4 0 0 0 $0 , 00 6 4 9 2 $3 4 8 3 5 0 0, 1 - 0 16 7 31 8 $0 , 00 0 0 0 0 Ba s e F Y . 20 0 7 M o n t h l y P a y m e n t A m o u n t = $2 9 , 36 2 , 20 6 76 % $2 5 , 18 2 , 00 7 4 , 92 1 67 3 , 00 0 $0 . 00 5 1 1 7 18 0 , 19 9 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 - 10 / 3 1 / 0 6 (1 3 8 4 60 8 ) 41 0 13 9 41 7 (5 0 , 00 0 9 3 8 ) $0 . 00 4 1 7 9 De c - 11 / 3 0 / 0 6 ($ 3 9 52 7 ) 41 0 13 9 41 7 ($ 0 . 00 0 0 9 6 ) $0 . 00 5 0 2 0 Ja n - 1/ 3 / 0 7 ($ 5 5 , 7 8 1 ) 41 0 13 9 , 41 7 (1 0 . 00 0 1 3 6 ) $0 , 00 4 9 8 1 Fe b - 21 1 / 0 7 (1 1 2 2 85 4 ) 41 0 13 9 41 7 (1 0 0 0 0 3 0 0 ) $0 , 00 4 8 1 7 Ma r - 31 2 / 0 7 41 0 , 13 9 41 7 10 _ 00 0 0 0 0 $0 , 00 5 1 1 7 Ao r - 4/3 / 0 7 41 0 13 9 , 4 1 7 $0 . 00 0 0 0 0 $0 , 00 5 1 1 7 Ma y - 51 2 / 0 7 41 0 13 9 41 7 $0 , 00 0 0 0 0 $0 , 00 5 1 1 7 Ju n - 6/1 / 0 7 41 0 13 9 41 7 $0 . 00 0 0 0 0 $0 . 00 5 1 1 7 Ju l - 7/2 / 0 7 41 0 13 9 , 4 1 7 10 . 00 0 0 0 0 $0 . 00 5 1 1 7 Au a - 6/1 1 0 7 41 0 13 9 41 7 50 . 00 0 0 0 0 $0 . 00 5 1 1 7 Se o - 8/ 3 0 / 0 7 41 0 13 9 41 7 $0 , 00 0 0 0 0 $0 . 00 5 1 1 7 Oc t - 10 / 1 / 0 7 41 0 , 13 9 41 7 50 _ 00 0 0 0 0 SO , 00 5 1 1 7 92 1 67 3 00 0 MP " ( F B P F - R l ) ' M B ' HR S ( 8 7 6 0 OR 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 ' " t A m o u n t . . . p " , , ' d i n do l l a " . ' o r e a , h m o n t h o ! , u , h C o n l r , , ' V e a r , FB P F " F o " " " d F I , I - Blo , ' P , ; " F o " " , ' , . . p r e s s e d i n $ I M W h . f o r m h C o n t r a c t y " " RL " T h a h o u r l y w , i g h t e d a n n u a l a . . r s g ' R L R a . . "" , I a t e d a l 10 0 p " " n l . . n u a l l o a d " ' l o r .. p " " , d i n I I M W h !o r ' u ' h C o n l r s c t Y " " Me " M o , , ' a r y B . . a f i t a m o u n t , e ' p " " , d i n an n u a l a M W - SU B J E C T TO : MB C " M o n t a l a r y B , " , f i I C a p , m e a n , th o m . . i m u m a m o u n t . e ' p " s s e d i n $ / M W h . by w h i c h t h e F B P F ma y " " , e d I h , R L . PO T E N T " L MB F " M o u l a " r y B a u a f i t F l o o r m.. n ' t h a m i n i m u m ' m o u n ~ . . p r e s s , d i n I l M W h TO T A L AN N U A L PE R O E N T O F by w h i , h I h a F B P F m a y ", . . d I h a RL . "" " " OE E M E R AN N U A L FB P F " $ 5 8 , 48 0 MB C " 1 1 5 , 59 0 AT T " " " SE T T L E M E N T !! m i l l RL " 1 2 5 _ 87 5 MB F " 1 5 , 20 0 $3 0 59 1 32 2 57 , 50 0 00 0 24 . 52 % MB " 2 1 5 BP A IP C BP A MO N T H L Y BP A A D J U S T M E N T S CU R R E N T CU R R E N T RE D U C T I O N AD J U S T E D RE S I D E N T I A L AD J U S T E D BI L L I N G RE S I D E N T I A L EX C H A N G E RE V E N U E BI L L DE M A N D MO N T H MO N T H L Y PA Y M E N T LB C R A C OF R L - MO N T H MO N T H FO R DE E M E R MO N T H L Y SA L E S RE S I D E N T I A L MD N T H CR E D I T IR R I G A T I O N MO N T H MO N T H DA T E 00 ' i l HO U R S EN E R G Y AM O U N T TR U E , AO J U S T - BE N E F I T BE N E F I T SE n L E M E N T BE N E F I T RA T I O BE N E F I T !! ! ! Y h Iil l ' i ! l BE N E F I T DE E ME R S ET T L E M E N T A D J U S T M E N T F Y . 20 0 7 : Oc t - No v - 10 / 3 1 / 0 6 21 5 74 5 16 0 , 17 5 $2 . 4 4 6 . 85 1 $2 , 44 6 , 85 1 $2 . 4 4 6 , 85 1 No v - DB C - 11 / 3 0 1 0 6 21 5 72 0 15 4 , 80 0 $2 . 4 4 6 , 85 1 44 6 , 85 1 $2 . 4 4 6 , 85 1 De c - Ja n - 1/ 3 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 $2 , 44 6 , 85 1 ($ 7 1 9 , 86 6 ) ($ 1 0 2 . 4 8 5 ) Ja n - Fe b - 2/1 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 , 44 6 . 85 1 $2 . 4 4 6 , 85 1 ($ 7 1 9 , 86 6 ) ($ 1 0 2 . 4 8 5 1 Fe b - Ma r - 3/2 1 0 7 21 5 67 2 14 4 48 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 ($ 7 1 9 , 86 6 ) ($ 1 0 2 . 4 8 5 1 Ma r - Aa r - 4/3 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 44 6 , 85 1 $2 . 4 4 6 , 85 1 ($ 7 1 9 , 86 6 \ ($ 1 0 2 . 4 8 5 1 Ap r - Ma y - 5/2 / 0 7 21 5 71 9 15 4 58 5 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 ($ 7 1 9 , 86 6 ) ($ 1 0 2 . 4 8 5 1 Ma y - Ju n - 6/1 / 0 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 ($ 7 1 9 , 86 6 ) ($ 1 0 2 . 4 8 5 1 Ju n - Ju l - 7/2 / 0 7 21 5 72 0 15 4 , 80 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 52 , 44 6 , 85 1 ($ 7 1 9 , 86 6 ) ($ 1 0 2 . 4 8 5 1 Ju l - Al l a - B/1 1 O 7 21 5 74 4 15 9 , 96 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 , 44 6 , 85 1 ($ 7 1 9 , 86 6 1 ($ 1 0 2 . 4 8 5 1 Au o - Se o - 8/ 3 0 / 0 7 21 5 74 4 15 9 , 96 0 $2 , 44 6 . 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 ($ 7 1 9 , 86 6 1 ($ 1 0 2 . 4 8 5 ) Se D - Oc t - 10 / 1 / 0 7 21 5 72 0 15 4 80 0 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 $2 . 4 4 6 , 85 1 ($ 7 1 9 , 86 6 1 ($ 1 0 2 . 4 8 5 ) 29 , 36 2 , 20 6 ($ ( , 19 8 , 66 1 1 85 . 75 % ( $ 6 , 17 3 , 81 1 1 4 , 10 1 39 4 , 16 7 ($ 0 , 00 1 5 0 5 ) ( $ 1 , 02 4 . 84 9 ) CO R R E C T E D OR I G I N A L CO R R E C T I O N CR E D I T CR E D I T OF P R I O R MO N T H CA L C . No v - 10 / 3 1 / 0 6 NO A D J U S T M E N T 10 . 00 0 0 0 0 $0 . 00 4 1 7 9 $0 , 00 4 1 7 3 $ 0 . 00 0 0 0 5 $2 , 22 2 De c - 11 / 3 0 / 0 6 NO A a J U S T M E N T $0 . 00 0 0 0 0 SO , O0 5 0 2 0 $0 , 00 5 0 1 5 1 0 , 00 0 0 0 5 $2 , 22 1 Ja n - 1/3 / 0 7 ($ 6 1 7 , 38 1 1 41 0 13 9 41 7 ($ 0 . 00 1 5 0 5 ) SO , 00 3 4 7 5 $0 , 00 3 8 9 3 I i Q . . Q Q Q i l l J 1$ 1 7 1 , 37 0 ) FE B R U A R Y B P A C R E D I T W I T H D E E M E R S E T T L E M E N T A D J U S T M E N T = Fe b . 2/ 1 / 0 7 ($ 6 1 7 38 1 ) 41 0 , 13 9 41 7 ($ 0 . 00 1 5 0 5 ) SO , 00 3 3 1 2 ($ 0 . 00 0 4 0 7 ) ($ 1 6 6 92 7 ) $0 . 00 2 9 0 5 pa o , BP A CA L C 20 0 7 - 20 1 1 ' 0 " " ' a d ~ I " 11 3 1 1 2 0 0 7 , 2:0 4 P M . Pa g e 1