20160512Compliance Filing.pdf

SEffi*.
An TDACORP Company
LISA D. NORDSTROiI
Lead Counsel
I nordstrom@idahopower. com
VIA HAND DELIVERY
May 11,2016
Ms. Jean D. Jewell
Commission Secretary
ldaho Public Utilities Commission
PO Box 83720
Boise, lD 83720-0074
ilTCEIVED
1016 HirY I I PH h: trl
11.':, ,,'Lli:]LlC
: 'r' :r iL:s lloMil{lssloN
RE: Annual Compliance Filing of Asset Retirement Obligations ("ARO")
Accounting Standards Codification ("ASC") 410
Case No. !PC-E-03-11
Dear Ms. Jewell:
ln Order No. 29414, the ldaho Public Utilities Commission directed ldaho Power
Company ('Compan/) to record regulatory assets or liabilities associated with
implementation of Statement of Financial Accounting Standards 143 (now codified as ASC
410). As a result of the Order, the Company is required to file annually, and as part of any
rate case filing, all journal entries made under the requirements of ASC 410.
On May 17, 2012, Order No. 32549 was issued authorizing the Company to begin
recovery of incremental costs related to the early closure of the Boardman power plant and
established the Boardman balancing account which tracks the difference between cost and
revenues, including Boardman-related ARO balances. ln addition, Order No. 32349
exempted Boardman-related ARO balances from the deferral treatment required under
Order No. 29414.
Pursuant to Order No. 29414, aftached please find three copies of alljournal entries
made under the requirements of ASC 410. !f you have any questions regarding this filing,
please contact Senior Regulatory Analyst Courtney Waites at [phone] or
cwa [e-mail].
Sincerely,
LDN/KKI
Enclosurescc: Terri Carlock
Lisa D. Nordstrom
ldaho Power Company
Accounting Standards Codification 410 (previously FAS 143) Accounting
YEr End€d Oecsmb€r 31. 2015
Recorded joumal enties
FERG Account Dr.
D@r,b( 31, 2011 D€/larIEs
AROA3sets
Accumulated depreciatbn - ARO assots
Accumulatod dopreciaton - Gmo\,al costs
R€gulabry a&9€ts
ARO Liabiliu€s
Rsgulatory liabilities
Accration expsnss (Boardman only), cumulative
Dopr€ciation expense (Boatdman only), cumulailve
Caloxl*p* 2015Ac,,oti.n, Degsc&,|Jorl, Regulewy Asgg/Anqtjzatio,?,, aN Re/7,and Cos,Ent'f,s
101
10E
108
182.3
230
254
411
tm3
6,905,{Xn
r80,062.699
17,308,849
815.208
1.399.116
4,49E,9_53
21,930,049
180,062,699
992,570
I Regulatoryasset(accretionexpenso)
Accrotion expons€ (Boadman only)
182.3 783.858
411 208,712
ARO liabilltios 2N
To recotd ,ff'ig.tion or(pense on lha asset raf,a,ment
oUtolatiilts.
Regulatory asset (d€pBciation €xp€ns€)
Depreciatlon expense (Boardman only)
Accumulated dep.eciation - ARO asssts
Torewd &u*8lt*n on lrro AFIO assers
182.3
403
108
587,534
526,485
1,114,019
Accrstion €xpensa (Boardman only)
OeprBciaton €)eonse (Boardman only)
Regulatory ass€t (Boardman amortization)
TorcNd amdlEation ofthe B@dmen rasuletty assf.t.
411
tl{)3
182.3
23,337
22,532
r15,869
Accumulated depr€ciation - r€moval costs
Rogulatory lbbilities
To recod dlusfrtpnts to the RO rogulatqy liabilty fu
the ditreren(]E beMeen rcgulattyepfoved remwal
costs a/rd tl,e ASC 410 *c//uels.
108
254
3,442,496
3.442.4%
Caleda/' year 2015 crranggs ir, oJimatos
5 ARO A$etB
Accumuhted depr€ciation - ARO assets
Regulatory ass€t
ARO Liabiliti€s
To racord revision of estlmated AROs at Valfiry, *idgaL
Bo*dmen. and lPC.
101
108
182.3zfi
7,28Et,638
't95,872
2,4ii6,094
5,oll:t,415
Calanclar p* 2015 rcttan,p,nts
6 AROAssots
Accumulatad depreciation - ARO assets
Regulatory asset
ARO LiabilitiEs
To yin*ily recad retircments rclaled to a FGD pN at
*idoer.
101
108
182.32n
69,g€i:t
1,813,415
95,215
1,788,163
Deamtpr 31,2015 D€,len6,s
ARO Assots
Accumulated deprBciation - ARO assots
Accumulated deprcciation - romoval costs
Rogulatory assots
ARO Liabilities
Regulatory llatilities
101
108
108
182.32nzil
14,094,252- 5,347,'138
183,505,195
14,410,1',ts- 26,152,620- 183,505,195