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HomeMy WebLinkAbout20060208minute_entry.pdfOffice of the Secretary Service Date February 8, 2006 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE PETITION OF CASSIA WIND TO DETERMINE EXEMPTION STATUS MINUTE ENTRY CASE NO. IPC-O5- On October 27, 2005, Cassia Gulch Wind Park, LLC and Cassia Wind Farm, LLC (Cassia Wind) filed a Petition with the Idaho Public Utilities Commission requesting a Commission Order determining that Cassia Wind was exempt from the published rate eligibility cap established in Order No. 29839. On January 17, 2006, the Commission issued Order No. 29954 in Case No. IPC- 05-35 reaffirming its bench ruling issued January 4 2006 granting a Commission determination that Cassia Wind is entitled to receive grandfathering or exemption from the published rate eligibility cap established in Commission Order No. 29839 contingent on Cassia Wind's ability to secure contractual financing and turbine commitment from John Deere Credit no later than 30 days from January 4, 2006. On February 1 2006, a letter was filed with the Commission from John Deere Credit (JDC) apprising the Commission that JDC has completed its due diligence review of the Cassia Wind proposed wind turbine projects. Based on that review JDC states that it has issued its commitment to supply the necessary wind turbines and financing for the Cassia Wind projects with construction to start in early summer 2006. JDC requests a Commission confirmation that its commitment letter is sufficient to satisfy the contingency in Order No. 29954 and that the Cassia Wind projects are exempt from the rate eligibility cap of Order No. 29839. The Commission has reviewed the February 1 , 2006 letter from John Deere Credit and finds that it demonstrates Cassia Wind's ability to secure contractual financing and turbine commitment from John Deere Credit. The Commission is informed that Idaho Power is satisfied with the letter form of commitment from JDC. The Commission hereby acknowledges satisfaction of the contingency established in Order No. 29954 and recognizes the consequent exemption of Cassia Wind from the published rate eligibility cap established in Order No. 29839. MINUTE ENTRY DATED at Boise, Idaho this ATTEST: 6:JJe D. Jewell Commission Secretary bls/O:IPC-05-35 sw2 MINUTE ENTRY ~+k.day of February 2006. J&~ MARSHA H. SMITH, COMMISSIONER