20130603Acceptance of Agreement.pdf

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JULIAA" HILTON
Corporate Counsel
[e-mail]
May 31 ,2013
VIA HAND DELIVERY
Jean D. Jewel!, Secretary
ldaho Public Utilities Commission
472 West Washington Street
Boise, ldaho 83702
Re: Case No. IPC-E-06-35
Bennett Creek Windfarm, LLC, Firm Energy Sales Agreement - Project's
Agreement to Pricing Schedule Update
Dear Ms. Jewell:
Enclosed for filing are an original and seven (7) copies of a letter signed by Richard
S. Free on behalf of Bennett Creek Windfarm, LLC ("Bennett Creek") in which Mr. Free has
agreed, understood, and accepted the update to the pricing schedule contained in Bennett
Creek's Firm Energy Sales Agreement.
Very truly yolrs,ottr)@
Julia A. Hilton
JAH:csb
Enclosures
cc: Richard S. Free (w/encl.)
1221 W. ldaho St. (83702)
P.O. Box 70
Boise. lD 83707
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Bennett Creek Wind Farm, LLC
c,/o Exelon Wind, LLC
Attn: Richard Free, Director, Utility & Regulatory Process Support
4601 Westown Parkway, Suite 300
West Des Moines, IA 50266
Sent Via: Email ( Richard. [e-mail]), Certi fi ed Mai I
Subject: Bennett Creek Wind Farm - Project Number- 21615l0l
Dear Richard,
Idaho Power previously provided you a letter dated May 3, 2003 which addressed your request
for an update on the pricing schedule contained in Article VII of the Firm Energy Sales
Agreements (Agreement) between Bennett Creek Wind Farm,LLC and ldaho Power Company
dated 1212O12006.
The pricing within this Agreement contains the standard published avoided cost rates in
accordance with ldaho Public Utilities Commission (IPUC) Order No. 29646 which was in effect
at the time this Agreernent was executed. The Agreement does contain 20 years of pricing,
however due to the actual Operation Date of l2ll5l2008 the full 2O year term of the Agreernent
extends to December 2028. Review of IPUC Order No. 29646 provides pricing for 2028 as
follows:
ATIiCIC VII: PURCHASE PRICE AND METHOD OF PAYMENT
7.1 Base Energy Purchase Price:
Season I - (73.50 %) Season 2 - (l20.No/o) Season 3 - (100.00 o/o)
Year Mills&Wh MillYkwh MillYkwh
2028 62.50 102.04 8s.@
As stated in the last paragraph of the letter, Idaho Power filed the letter with the IPUC as an
informational copy. The IPUC has subsequently advised that the letter will require IPUC approval
and as part of that process ldaho Power seeks the project's agreement to include the above-listed
standard published avoided cost prices in effect at the time the Agreement was signed for the final year
of the Agreernent.
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Please execute this letter in the appropriate space provided below indicating your express agreement
with the prices to be included in the pricing schedule within the Agreemort. Please retum an original
signed copy of this letter to ldaho Power and we will forward it to the IPUC for inclusion in the
appropriate IPUC case. If a signed copy is not retumed by May 31,2013 it will be assumed that the
project does not agree with the additional prices and ldaho Power will withdraw its application seeking
approval and will not add these prices to the existing Agreement.
Agreed, Understood and Accepted:
Signature:
Title:
Printed Name:
Date:
If you have any questions please do not hesitate to contact me.
Sincereln
Jill Glenn
Energy Contract Coordinator, Sr.
Idaho Power CompanylPower Suppy
Jelenn@idahopower. com
208-388-2265
Julia Hilton (IPC)
Donovan Walker (lPC)
Randy Allphin (lPC)
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