20130509Price Schedule Update.pdf

IDAHO
T1 1 An IDACORP company
ZUfl 1iY -8 JULIA A. HILTON P1 1 57
Corporate Counsel jhiItonidahoDower.com Ah 0 .
May 8, 2013
VIA HAND DELIVERY
Jean D. Jewell, Secretary
Idaho Public Utilities Commission
472 West Washington Street
Boise, Idaho 83702
Re: Case No. IPC-E-06-10
Cassia Wind Farm Firm Energy Sales Agreement - 20-Year Pricing
Schedule Update
Dear Ms. Jewell:
On April 20, 2006, in Case No. IPC-E-06-10, Idaho Power Company ("Idaho
Power") filed an Application with the Idaho Public Utilities Commission ("Commission")
for approval of the Firm Energy Sales Agreement ("Agreement") between Idaho Power
and Cassia Wind Farm, LLC ("Cassia Wind") under which Idaho Power will purchase
electric energy generated by Cassia Wind. The Commission approved the Agreement
on June 30, 2006, in Order No. 30086.
Idaho Power was notified by Cassia Wind that the 20-year pricing schedule
contained within the Agreement did not extend through the full term of the Agreement
(2029) due to a 27-month delay of the scheduled Operation Date. Idaho Power has
sent the enclosed letter to Cassia Wind for its records.
To ensure this is properly documented and to prevent any potential confusion,
Idaho Power seeks to include this letter and its letter containing pricing schedule
updates for Cassia Wind with the original Agreement. Therefore, enclosed for filing are
an original and seven (7) copies of the aforementioned letters.
Please contact me if you have any comments, questions, or concerns.
Sincerely,
Julia A. Hilton
JAH:csb
Enclosures
cc: Richard Free (w/encl.)
1221 W. Idaho St. (83702)
P.O. Box 70
Boise, ID 83707
L
An IDACORP Company
May 3, 2013
Cassia Wind Farm, LLC
do Exelon Wind, LLC
Attn: Richard Free, Director, Utility and Regulatory Process Support
4601 Westown Parkway, Suite 300
West Des Moines, IA 50266
Sent Via: Email (Richard.Freeexeloncorp.com ), Certified Mail
Subject: Cassia Wind Farm - Project Number - 31318100
Dear Richard,
Recently you contacted Idaho Power regarding your discovery that the pricing schedules contained in
Article VII of the Firm Energy Sales Agreements (Agreement) between Cassia Wind Farm, LLC and
Idaho Power Company dated 04/07/2006 do not extend through the full 20 year term of the
Agreement.
The pricing within this Agreement contains the standard published avoided cost rates in accordance
with Idaho Public Utilities Commission (IPUC) order 29646 which was in effect at the time this
Agreement was executed. The Agreement does contain 20 years of pricing, however due to the actual
Operation Date of 3/24/2009 the full 20 year term of the Agreement extends to March 2029. Review
of IPUC Order 29646 provides pricing for 2028 and 2029 as follows:
Article VII: PURCHASE PRICE AND METHOD OF PAYMENT
7.1 Base Energy Purchase Price:
Season 1 - (73.50 %) Season 2 - (120.00 %) Season 3 - (100.00 %)
Year Mills/kWh Mills/kWh Mills/kWh
2028 62.50 102.04 85.04
2029 63.94 104.40 87.00
Idaho Power will file this information with the IPUC and ask that it be included with the original
agreement. However, if the IPUC determines that additional information or specific IPUC apoval of
this information is required such prices shall not be effective until such Commission approval
obtained.
If you have any questions please do not hesitate to contact me.
Sincerely,
ill lenn
Energy Contract Coordinator, Sr.
Idaho Power CompanylPower Suppy
Jglcnn(idahoDower. corn
208-388-2265
cc: Donovan Walker (IPC)
Randy Allphin (IPC)
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P 0 Box 70 Boise Idaho 83707 1221 W Idaho St. Boise, idaho 8 37€2