20170524Compliance Filing.pdf

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An toAcoRP company
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LISA D. NORDSTROM
Lead Gounsel
I [e-mail]
VIA HAND DELIVERY
May 24,2017
Ms. Diane Hanian
Commission Secretary
ldaho Public Utilities Commission
PO Box 83720
Boise, lD 83720-0074
Annual Compliance Filing of Asset Retirement Obligations ("ARO')
Accounting Standards Codification ("ASC") 410
Case No. IPC-E-03-11
Dear Ms. Hanian:
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 joumal entries made under the requirements of ASC 410.
On May 17, 2012, Order No. 32549 was issued authorizing the Company to begin
recovery of incrementral costs related to the early closure of the Boardman power plant
("Boardman') and established the Boardman balancing account which tracks the difference
between cost and revenues, including Boardman-related ARO balances. ln addition, Order
No. 32549 exempted Boardman-related ARO balances from the deferral treatment required
under Order No. 29414.
Pursuant to Order No. 29414, attached please find three copies of alljoumal entries
made under the requirements of ASC 410. lf you have any questions regarding this filing,
please contact Senior Regulatory Analyst Courtney Waites at [phone] or
[e-mail].
Sincerely,
LDN/KKI
Enclosurescc: Teni Carlock
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Lisa
ldaho Power Company
Accounting Standards Codification 410 (previously FAS 143) Accounting
Y6ar Erd€d D€cember 31, 2016
Recorded irurnal enties
FERCAccount Dr. Cr.
Dec€mbt 31,2015 D€,lanc,,s
ARO Assets
Accumulated d€preciation - ARO assets
Accumulated dopr€ciation - romoval costs
Regulatory ass€ts
ARO Liabilities
Regulatory liabilitiss
Accrstion expenso (Boardman only), cumulativo
DeprBciation Exp€nse (Boardman only), cumulative
14,094,252
5,347,138
101
108
108
182.3
230zil
411
403
Calendu year 2016 Awetion, Oepr&btiot, Regulatdy Ass€.t Anutizatiott, eN Re/7,ox/d Cos, Enties
't83,505,195
14,410,115
1,047,257
1,9118,13:i
822,555
208,6rt6
26,152,620
1tr1,505,'t95
1,031,202
R€gulatory ass€t (accretion expense)
Accretion oxp€nss (Boardman only)
ARO lhbilities
To recqd *c'etion ex,€,nse on tll6 as$t rotircmont
&liadions
182.3
411
230
2
3
1084
Regulatory ass€t (depreciation expense)
Deprcciation sxp€nSe (Boardman only)
Accumulatod d€prsciation - ARO ass€ts
Torectd deqeciatbn on rrD IRO assels
182.3
403
108
1,251,026
697,7lm
1,9rl8,766
AccrBtion exp€ns€ (Boardman only)
Dspr€ciation exp€nse (Boardman only)
Regulatory ass€t (Boardman amortization)
To recud emttization d ttto B@dnan reoutawy assF,t
411
403
142.3
23,337
2.,532
45,869
Accumulated depr€ciation - rBmoval costs
R€gulatory liabilities
To rectd adjustments to tlE RO rcgulatay liability for
the diffson@ tf.tween regalatuy-approved remwal
cosls ard t ,e ASC 110 Muals
3,103,642
254 3,103,642
Calendar year 2016 cha,gres i,, ostimares
ARO Ass€ts
Regulatory ass€t
Accumulated depr€ciation - ARO ass€ts
ARO Liabilities
To recud rovision of estimated AROs at Valmy, *idger,
Boxdman, arl lPC.
5 101
182.3
108
230
1,*1,822
379,514
2,722
1,758,6'14
Cele4dar yeil 2016 reti€,ments
Regulatory assot
Cash
ARO Liabilitios
To Nn*ily recud rctirements rclated to a FGD pond at
Bridgor ed retircmont spend at Bo*dman.
6 182.3
230
2,663,019
22,'.t30131
2.685.'t50
Dec5,mM 31,2016 0€,lanc€,s
ARO Ass€ts
Accumulated dopreciation - ARO assets
Accumulatsd depreciation - removal costs
Cash
Regulatory ass€ts
ARO Liabilitiss
Regulatory liabilities
't01
108
108
131
182.3
230
254
15,476,O74
186,608,837
,0,',uo,i2
7,29,8,626
22,130
26,257,28
186,608,837