20190514Compliance Filing.pdf

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An IDACORP Company
VIA HAND DELIVERY
May 14,2019
Diane Hanian, Secretary
ldaho Public Utilities Commission
472 West Washington Street
P.O. Box 83720
Boise, lD 83720-0074
RE: Case No. IPC-E-03-11
Annual Compliance Filing of Asset Retirement Obligations ('ARO") Accounting
Standards Codification ('ASC') 41 0
Dear Ms. Hanian:
ln Order No. 29414, the ldaho Public Utilities Commission directed ldaho Power
Company ("Company") 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, alljournal
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
("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 all journal 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
cwaites@idahopower. com.
Sincerely,
LISA D. NORDSTROM
Lead Counsel
I nordstrom@idahopower. com
LDN/KKt
Enclosurescc: Terri Carlock
RECEIVED
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Lisa D. Nordstrom
ldaho Power Company
Accounting Standards Codification 4"10 (previously FAS 143) Accounting
Ys.r Ended tbcember 31, 201t
Recorded journal entries
FERC Account Dr Cr.
h@mber 31, 2017 balan@s
ARO Assets
A@umulated depreciation - ARO a$ets
A@umulaled depreciation - Emoval @sts
Cash
Regulatory assels
ARO Liabilities
Regulatory liabililies
Accretion expense (Boardman only), cumulative
Depreciation expense (Boardman only), cumulalive
101t107
10E
108
131
182 3
230
254
411
403
15,O32,522
144.992.472
'ru,r",in
9,090,838
29,618
26,4't5,381
184,992,872
1,501,168
3,235,071
calendaryear20lE Accetion, DepEciation, Regulatory Asset Amodization, and Removal Cost Entties
Regulato.y assel (a@retion expense)
Arcretion expense (Boardman only)
ARO liabililies
162.3
411
230
E50,767
201,101
't,055,171
Regulatory asset (depreciation expense)
Deprecialion expense (Boardman only)
Accumulaled deprecratron - ARO assets
182 3
403
108
1,01E,514
5,t4,1 33
1,562,717
To Ecotd depEciation on the ARO assets
3 A@Etion expense (Boardman only) 411 23,337
Deprcciation expense (Boardman only) 403 22,532
Regulatory asset (Boardman amortization) 142.3 ,15,E69
To @otd arcdization of the Boadffin Bgulalory as*t
A@umulated depGciation - rcmoval@sls 108 1,195,273
Regulatory liabilities zil 1,191t,273
4
To Ecod adjustments to the ARO Ggulatory liability lot
the difteence betwee n Egulatory-apprcved refroval
costs and the ASC 410 a@ruals
Calendar year 201E changes in estifrates
5 ARO As3ets
Regulatory asset
A@mulated dep@ciation - ARO assets
ARO Liabilatieg
107
182.3
108
230
(861,739)
1 10,0E4
(75.r,655)
To Ecotd Gvision ot estimated AROS at Valny, Btidgea
Calendar year 201E additions
6 ARO Assets
A@mulated depcciation - ARO as3ets
Regulatory asset
ARO Laabilaties
107
108
182.3
230
12E,593
128,593
To Gcotd the addition of a ail stoage yad at Btidgeron
12R1/18.
Calendat year 201 E Etieffints
Regulatory asset
Cash
ARO Liabilities
182.3
131
230
lr5,i157
10,125
55,EE2
To piffiily ccotd Etietunts at Btidger and Gtierent
sqnd at Boardmo
Rounding adjustrents
8 Accumulated depreciation - ARO a3sels
Regulatory asset
108
182 3
0.01
0.01
b@mber 31, 201E balan@s
ARO Assets
A@umulated depreciation - ARO assets
A@umulated depcciation - removal @sts
Cash
Regulatory assets
ARO Liabilities
Regulatory liabilities
101t107
108
108
131
182.3
230
254
10,653,584
40,044
14,299,376
186,188,'145
',r,auu rra
26,791,608
186,188,145
7