HomeMy WebLinkAbout20040602Errata to Order No 29505.pdfOffice of the Secretary
Service Date
June 2 2004
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE APPLICATION OF
IDAHO POWER COMPANY FOR AUTHORITY
TO IN CREASE ITS INTERIM AND BASE
RATES AND CHARGES FOR ELECTRIC SERVICE.
CASE NO. IPC-03-
ERRATA TO
ORDER NO. 29505
On May 25, 2004, IPUC Order No. 29505 was issued by this Commission. The
following changes should be made to that Order:
Page 12, Paragraph 1 , lines 5-
READS:
The Commission generally believes that putting the known and measurable
adjustments in rate base for a full year creates a mismatch between revenues
and expenses in the test year if benefits are not needed too.
SHOULD READ:
The Commission generally believes that putting the known and measurable
adjustments in rate base for a full year creates a mismatch between revenues
and expenses in the test year if benefits are not included too.
Page 19, Paragraph 3, lines 6-
READS:
The adjustments Idaho Power accepted included changes to pension
expense, memberships and contributions, year-end payroll, the Standard
Salary Adjustment (SSA), incentive pay, and depreciation. Exhibit 80.
SHOULD READ:
The adjustments Idaho Power accepted included changes to pension
expense, memberships and contributions, year-end payroll, the Salary
Structure Adjustment (SSA), incentive pay, and depreciation. Exhibit 80.
ERRA T A
ORDER NO. 29505
Page 33 , Paragraph 2, line 5
READS:
According to Staff, its proposal recognizes the higher tax expense ratepayers
will pay in future years when the tax timing turns around.
SHOULD READ:
According to Staff, its proposal recognizes the higher tax expense ratepayers
will pay in future years when the tax timing difference turns around.
Page 42, Paragraph 3, line 8
READS:
Dr. Peseau also suggested that investors do not widely share Dr. Avera
doom and gloom" outlook for Idaho Power or the industry, particularly
given that Idaho Power shareholders received a rate of return in excess of
40% over the 2003 year when including both price
appreciation and dividend yield.
SHOULD READ:
Dr. Peseau also suggested that investors do not widely share Dr. Avera
doom and gloom" outlook for Idaho Power or the industry, particularly
given that Idaho Power shareholders received a rate of return in excess of
40% over the 2003 year when including both price appreciation and dividend
yield.
Amended Appendices for Schedules 19 and 41 are attached.
D A TED at Boise, Idaho this
bls/O:IPCEO313 final errata
ERRA T A
ORDER NO. 29505
02 "day of June 2004.
~~
:;rnCommission Secretary
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