20070302March 2007 BPA credit.pdf

IDAHO
POWER (B)
IDAHO POWER COMPANY
O. BOX 70
BOISE, IDAHO 83707
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JUJhi"
~.-~ /,
8:0"An IDACORP Company
PHIL A. OBENCHAIN
Senior Pricing Analyst
Pricing & Regulatory Services
iIJi,ii,; :;;.; 1 :G [phone]
dTi:JI i~~:j CC"
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i:SSi,FAX [phone]
MAIL pobenchain~idahopower.com
March 01 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 March BPA Credit. The
calculation results in a credit of $.004019/kWh, which will be applied to the March residential bills
beginning with Cycle 1 on February 28,2007.
The February BPA Credit has been reduced by approximately 20 percent to hold
back dollars for a potential settlement of the deemer balance 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.
Sincerely,
PAO:ma
Attachment
Beverly Barker, IPUC
Terri Carlock, IPUC
Randy Lobb, IPUC
Ric Gale, IPCO
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