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HomeMy WebLinkAbout20070413Schwendiman direct.pdf- -,\. ':: i'/'; nJ, i I \ I,~ l.- \ i, ; - J\ \r: 'i,, :, ' BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE APPLICATION OF IDAHO POWER COMPANY FOR AUTHORITY TO IMPLEMENT POWER COST ADJUSTMENT (PCA) RATES FOR ELECTRIC SERVICE FROM JUNE 1, 2007 THROUGH MAY 31, 2008 CASE NO. IPC-07- IDAHO POWER COMPANY DIRECT TESTIMONY CELESTE SCHWENDIMAN Please state your name and business address. name Celeste Schwendiman,and business address 1221 West Idaho Street,Boise,Idaho. capacity? whom employed and whatareyou I am employed by Idaho Power Company (the Company) as a Senior Pricing Analyst in the Pricing and Regulatory Services Department. Administration Please describe your educational background. I received a Master I s Degree in Business from Northwest Nazarene University and a Bachelor of Arts Degree in Psychology from Eastern Oregon Uni versi ty.I have attended the Center for Public Utilities and National Association of Regulatory Utility Commissioners I Practical Skills for a Changing Utility Environment conference, the Current Issues conference, and the Edison Electric Institute I s Electric Advanced Rate Course. Please describe your work experience wi Idaho Power Company. I became employed by Idaho Power Company in 1997 as a Research Assistant II in the pricing & Regulatory Services Department.I have been promoted as follows: February 1998, Entry Analyst; August 1998, Analyst; and July 2001, Senior Analyst.From 1998 through 2004, I assisted in SCHWENDIMAN, DI 1 Idaho Power Company the preparation of the Power Cost Adjustment (PCA) filings. In 2005 and 2006, I sponsored testimony in the Company annual PCA filings.In 2005, I sponsored testimony in case number IPC-05-28, as the Company I s revenue requirement witness in its general rate case and in 2006, I sponsored testimony in case number IPC-06-, the Company I s request to recover purchased power costs associated with the Telocaset wind generation proj ect. Q. What is this year 's proj ection of PCA expense? A. The proj ection of PCA expense for the period April , 2007 through March 31 , 2008 is $129,234,632.Thi s amoun t is $28,318,137 more than the $100,916,495 normalized level of PCA expense as authorized in Order No. 30035. Q. What is the basis for the proj ection of April 2007 through March 31 , 2008 PCA expense? A. In Order No. 24806, the Idaho Public Utilities Commission adopted a natural logarithmic function of proj ected April through July Brownlee reservoir inflow to compute the proj ection of April through March PCA expense. The equation was updated to be consistent with Order No. 30035.The PCA regression equation is: Annual PCA Expense = $1 137 165,252 - $70,733,339 * ln (Brownlee inflow) + $54,632 157 + $1,004 538 SCHWENDIMAN, DI 2 Idaho Power Company - $1 900,000 This year I s regression was based on the water years used in the calculation of the 2003 test year normalized power supply expense, updated with both costs and reduced power supply expense for the Bennett Mountain power plant as approved through Order No. 29790.Details of the regression equation are contained in Exhibit Q. What is the source of the constants used in the regression equation? A. In the regression equation , $1,137,165,252 is the constant that represents the prediction of annual net power supply expense that would occur if there was zero April through July Brownlee reservoir inflow.For each uni t increase in the natural logarithm of the Brownlee reservoir inflow, the proj ection of annual power supply expense will be reduced by $70,733,339, the second of the constants in the equation.The other three constants are:$54,632,157 for energy purchased from Qualifying Facilities (QF), 004 538 for the cloud seeding program expense, and the $1,900,000 for the associated benefit of the cloud seeding program. Q. What is the April through July Brownlee reservoir inflow forecast that you used to arrive at the projection of PCA expense? A. The National Weather Service I s Northwest River SCHWENDIMAN, DI 3 Idaho Power Company Forecast Center (NWRFC) , in its Official Forecast, released on April 6, 2007, proj ected April through July Brownlee reservoir inflow to be 3.30 million acre-feet.The resul t of the equation, updated with the forecast, is $129,234 632 of net projected PCA expense for the period of April 1, 2007 through March 31 , 2008.This amount is $28,318,137 more than the normalized level of PCA expense of $100,916,495. The forecast information supplied by the NWRFC is contained on Exhibi t 2. Q. You have stated that the projected net PCA expense exceeds the normalized level of PCA expense by $28,318,137. What is the rate adjustment associated with the projected increase in PCA expense of $28,318,137 from the normalized level of PCA expense? A. The normalized PCA expense of $100,916,495, divided by the normalized system firm sales of 13,497 550 Megawatt-hours, is used to arrive at the normalized base power cost of 0.7477 cents per kilowatt-hour.For the period April 1, 2007 through March 31, 2008, the customer- level projected power cost of serving firm loads is 0.9575 cents per kilowatt-hour which is computed by dividing the projected net PCA expense of $129,234 632 by the 13,497 550 Megawatt-hours of normalized system firm sales.The Company adjusts its rates by 90 percent of the difference between the customer-level projected power cost of serving firm SCHWENDIMAN, DI 4 Idaho Power Company loads (0.9575 cents per kilowatt-hour) and the normalized base power cost (0.7477 cents per kilowatt-hour.Stated in the form of an equation, this year I s computation is 9) (0.9575-7477)=0.1888.The resulting adjustment is a 1888 cents per kilowatt-hour increase from the normalized base power cost. Q. Please describe the True-Up required from the comparison of the April 1 , 2006 through March 31, 2007 actual results to last year s projections. A. The Deferral Expense Account report for the April 1, 2006 through March 31 , 2007 PCA year is attached as Exhibi t 3.This report compares the actual results to last year s projections , month by month, with the differences accumulated as the deferral balance.Interest has been applied to the balance monthly.The balance at the end of March 2007 was $42 115,280 as shown on row 80 of Exhibit The Accounting Department has advised me that the deferral balance will be amortized during the current PCA year. Q. Are there any non-traditional credits that the Company has reflected as a benefit to its customers through the True-Up component of this year s PCA rate? A. Yes.The Company has several non-traditional inclusions in this year s Deferral Expense Account report. All of these items are credits, which lower this year s PCA rate. SCHWENDIMAN, DI 5 Idaho Power Company These items are: 1) A credit from the sale of the Company ' emissions allowances in the amount of $49.7 million as shown on row 37 of Exhibit 2) A credit resulting from the settlement of the disputed Valmy outage replacement power and a non-recurring tax credi t The total of the two credits was $19.3 million and has been provided to customers through a monthly adjustment of $804,167 over a 2-year term (June 2004 through May 2006.The final two months of credits total to $1. million and are shown on row Exhibi t credi t resulting from the required power supply expense reduction from the addition of the Bennett Mountain power plant.Row 55 of the Exhibit 3 reflects the remaining two months of the reduction to power supply costs. The total of the last two months was $7 972. Q. Are there any additional adjustments to the True- Up balance that the Company proposes at this time? A. Yes.As I stated earlier in my testimony, the Company recorded a credit of $49.7 million in the Deferral Expense Account report related to the after-tax benefit of selling emissions allowances.By returning benefits from the sale to the Company s customers , the Company will realize an Idaho jurisdictional tax benefit of $27 million. This amount will be an entry to the June 2007 True-Up of the SCHWENDIMAN, DI 6 Idaho Power Company True-Up balance in next year s Deferral Expense Account report.The Company proposes that this known benefit be reflected in this year s True-Up rate.Accordingly, the PCA True-Up balance of $42 115,280 has been reduced to $15,090,267.The computation of the benefit was derived from Order No. 30041. Q. What is the True-Up rate given the Company proposal to capture the tax benefit associated with the sale of excess emission allowances in this year s PCA? A. This year s True-Up component of the PCA is the True-Up balance of $15,090,267, divided by the Company proj ected Idaho jurisdictional sales of 13,475,244 Megawatt- hours which results in a rate of 0.1120 cents per kilowatt- hour. Q. What is this year s True-Up of the True-Up rate? A. The Company under-refunded the 2006/2007 PCA True- Up balance by $7 941,094 as shown on row 99 of the Deferral Expense Account report.Dividing the negative $7 941 094 balance by the proj ected 2007 Idaho jurisdictional sales of 13,475,244 Megawatt-hours results in negative 0.0589 cents per kilowatt-hour as the True-Up of the True-Up rate. Q. Taking into consideration all of the above- described components, what is the resulting PCA rate? A. The Company s PCA rate for the 2007/2008 PCA year is 0.2419 cents per kilowatt-hour.The rate is comprised SCHWENDIMAN, DI 7 Idaho Power Company of:1) the 0.1888 cents per kilowatt-hour adjustment for 2007/2008 projected power cost of serving firm loads, 2) the 1120 cents per kilowatt-hour for the 2006/2007 True- portion of the PCA, and 3) the negative 0.0589 cents per kilowatt-hour for the True-Up of the True-Up.The components used to calculate the 0.2419 cents per kilowatt- hour are shown in Exhibi t 4, the Company s proposed Schedule 55. Q. How does the new PCA rate of 0.2419 cents per kilowatt-hour compare to the existing PCA rate? A. The 2007/2008 PCA rate of 0.2419 cents per kilowatt-hour is 0.6108 cents per kilowatt-hour greater than the negative 0.3689 cents per kilowatt-hour PCA rate currently in place for all customers.Schedules for each customer class, updated with the 2007/2008 PCA rate, are attached as Exhibit Q. Does that conclude your testimony? A. Yes. SCHWENDIMAN, DI 8 Idaho Power Company IDAHO POWER COMPANY CASE NO.IPC-O7 - TESTIMONY CELESTE SCHWENDIMAN EXHIBIT NO. obs. , 41 4fi averages year 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 19'39 11140 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1958 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 196 4 1965 1966 1967 1968 1969 1970 197r 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 19 1 1912 1913 19 4 1995 1996 1997 1998 1999 2000 2001 2002 PCA REGRESSION DERIVATION runoff Inlruno 'f) 660,438 15. 1 333,945 15. 2 680 257 14. 0 195,847 14. 4597,987 15. 1 4,069 15. 3 ;0,769 14. 3, 2 333 14. , 9,005 15.4 2, 25,640 ' 6, 22.575 15, 3 57,156 15. 161,2tStl 15. 4 136,1J91 15. 836,0:111 15.39 $ 024 ~ 15 16.02 $ 2tJl,o06 15.01 $ 643,tSti 15. 739,64 15. 178,77 16. 778,54 15. 306,97 15.48 373,42 15. 443,611 15. 10,272,230 16. 894,428 15. 479 740 15. 456,000 15. 'I,788 05!! 15. 771 260 15. 406 335 15. 789,767 Ui. 218,730 15. 065,597 14. 433 280 15. 530.163 15. o~5,141 15. !S.S9l,765 15.8,469,492 15. 676 331 15. 332,063 15.0'2 787,323 15:-73 105,965 15.62 $ 10,246.610 16. 735,381 15. 861,620 15. 567.549 16. 032.582 15. 168,628 15. 118,298 14. 057,794 15. 861,850 15. 830.780 16, 160,499 15. 273,023 16. 934,443 16. 11,353,603 16. 509,OS3 15. 41:.1:1:I~7 15. 000,589 14. 487,374 14. 2!H,227 15.:&7 875,083 14. :.1:672 25'( 14.80 $ 866,1:185 14. 004,054 15. 494,387 14. 578,715 15. 063,851 5. 10,019,5S0 16.12 $ StS2,875 15.94 ' 679,720 15. 269,779 15.27 $ 382,545 14.68 $ 306,419 15.01 438,108 15.41 $ 24,675,670 400 550 98,704,610 10 J 4,530 7 , !6,160 , m,4901 . ;137, ;mg; 0 582, 00 69,071,320 875,870 348,900 792,900 19,5IG,090 $ 57,262,790 989,970 25,244,870 35,035,940 23,175, 60 36,070, 100 16,037, 10 19,201, 70 22.386,040 28,282 800 888.500 35;457,560 43:.1:180 16.30:.1:,080 37,513;ltSO 126,500 74,800,720 '1)'2 70'6,460 39,988,120 43,723,060 11,620,340 13,750,660 609,OMO 21,418,010 32,520,440 33,:.1:80,620 930,880 968,460 15,798 :.1:40 15,664,680 23,951:S,150 532 920 34,217, ;60 98,8DB, 40 057, 20 63,l1M, 80 17,400,240 55,367,200 11,330\7,500.140J l8~611,450) 29,152 OtiU 142,030 95,211,690 97,19 ,640 69 ,890 111,58 ,920 115,49 ,320 131,741,330 097,810 96,876,490 25,213,410 24 305,020 16,708,150 $ 758,430 I 20,743,440 $ 188,370 $ 119,660,270 $ 117,688,370 $ 47,005,199 $ redicted 25,824,544 74,774,064 90,211,178 104,327,5t!5 52,035,957 59,047,461 100,093,636 81,481,295 46,689,478 84,014,892 24,123,2t!7 66,321,001 59,094.815 6ti,707,348 48,464,794 836,270 75.6t!3,246 51,333,663 24,988,324 43,622 311 35,871, 133 41,892, 07 28,940, 15 28,165, ,46 8:.1:1.301) 34,466,591 39, 26,580 72,: 30,809 14,' 61,41314,~ 18, 16,175 65, '09,720 58,125,007 80,~ 09,573 54,617,028 087 115 39,042,943 480,508 71,955 217 50,840,914 814.011 489,714 972,625 \4,044,661) 10,241,466 64,381,185 205,516 574,725 20,623,599 106 854,718 45,294,240 ti4,376,971 35,234,517 011,108,133 417,177 l2,456,237lll,901 069 39,249,457 302.613 225,058 95,493,898 57,084;833 85,247,888 90,422,600 110,71:11,284 33,16S,153 95,294,735 26,697,804 299,908 \8,059,477) 555--;-480 15,752,270 57,274,238 98,539,538 75,360,496 47,005,199 regression statmticsmultiple r 0.8664square 0.7506adjusted r square 0.7472 standard error 18 484,402observations anova regression residual total coe/Iicientsintercept 1 137 165,252x variable 1 (70 733,889) Exhibit No, 1 Case No, IPC-O7- C, Schwendiman, I Page 1 of 1 IDAHO POWER COMPANY CASE NO.IPC-O7 - TESTIMONY CELESTE SCHWENDIMAN EXHIBIT NO. bt t p : l w w w n w s . n o a a go y / .' U . .. ... .. . Wa t e r S u p p l y Se a s o n a l V o l u m e F o r e c a s t s (B R N I 1 ) SN A K E . B R O W N L E E D A M ": " ,, , , ; ; , , ' , ' r i L ' ,T ' ; " ' ~ . " 0 ' A d l u " t r n ~ o C E I Th e O f f i c i a l St a ~ i s t i c a l Wa t e r S u p p l y f o r e c a s t is i s s u e d be t w e e n t h e m i d d l e of D e c e m b e r a n d J u l y 1s t En s e m b l e P r e d i c t e d f o r e c a s t a r e i s s u e d w e e k l y . A c o m p a r i s o n c o n t i n u e s t o be m a d e be t w e e n th e t w o f o r e c a s t S th r o u g h t h e e n d o f S e p t e m b e r . , " Of f i c i a l F o r e c a s t ( R e g r e s s i o n ) Is , ; u e d : J i l l ) ! ... 1 4 Of , \! ) o K I " - ' " O 'E S P F o r ca s t s Is s u e d . 2 0 0 7 . 1) 4 . ; ) : 2 30 y r ES P F o r e c a s t s 1 0 r F o r e c a s t P e r i od ( K A F ) Pe r i o d Fo r e c a s t % 0 1 5% 95 % (1 9 7 1 - Ma x 0 1 Mi n o f " Fo r e c a s t 9 0 % 70 % 50 % 30 % 10 % (K A F ) Av e r a g e Fo r e c a s t F o r e c a s t 20 0 0 ) Re c o r d R e c o r d . P e r i o d Ex o e e d a n c e Ex c e e d a n c e Ex c e e d a n c e I E x c e e d an c e Ex c e e d a n c e Av e r a g e Pr o b a b i l i t y Pr o b a b i r i t y Pr o b a b i l i t y Pr o b a b i l i t y Pr o b a b i l i t y I ~ ~ ~ - 13 3 0 0 . I5 4 S S , FI 1 7 9 3 , fl A P R - J U L 1 3 4 3 9 , 35 5 8 , I 3 6 5 5 , I 3 8 8 0 , 1 4 2 6 2 " I ~ : : - 1 4 6 9 0 , I6 8 4 8 , O 1 2 5 3 2 , FI 1 4 7 5 8 " 12 5 4 7 , IA P R - S E P 47 1 2 2 1 4 8 4 1 , I 4 9 8 4 . 51 7 8 . 6 1 5 6 0 6 " 1 ~ ~ ~ 1 S 8 4 0 . I7 9 9 8 . 0 1 3 6 8 2 , 0 1 1 0 7 0 0 . 0 1 1 9 0 8 2 " 0 1 3 9 4 5 , l J A N - J U L 1 5 9 7 6 . 1 6 0 9 5 . I 6 1 9 2 " I 6 4 1 7 , 1 6 7 9 9 , I 2 5 3 7 . I: ~ 1 3 6 6 0 . FF F I 6 9 9 2 . IA P R ~ U G I 4 0 4 6 , 1 4 1 6 5 , I 4 2 7 1 . I 4 4 8 3 " 48 8 5 B ~~ 1 6 1 9 0 . I8 3 4 8 . 0 I1 1 3 8 0 . IJ A N ~ U G I 65 8 3 , 67 1 ) 2 . 68 0 8 . 70 2 0 . 74 2 2 , 8 ~ , ,c o Cb s F l o w F r o m St a r t o f P e r i o d To 4 l l . Q 0 0 7 CD . -o ~ = a m ~ 3 ' CD O O m C T -- , , :J 6 ;:: 0 : 0 - -. , J :: ~ ' ! = ' tI j tI j tI j tI j tI j tI j '" " d '" " d tI j tI j tI j -. J '" " d .. . . . . . . . Po w e r C o s t A d j u s t m e n t Ap r i l 2 0 0 6 t h r u M a r c h 2 0 0 7 Ap r i l Ma y Ju n e Ju l y Au g u s t Se p t e m b e r Oc t o b e r No v e m b e r De c e m b e r Ja n u a r v Fe b r u a r v Ma r c h To t a l s PC A R e v e n u e No r m a l i z e d I d a h o J u r i s d i c t i o n a l S a l e s 86 2 , 93 1 88 1 06 4 07 4 , 25 2 27 3 97 7 29 5 , 4 8 0 16 8 36 7 99 6 , 81 2 91 2 33 6 02 1 05 6 09 6 , 4 0 1 03 2 66 3 97 1 , 53 3 58 6 87 2 PC A C o m p o n e n t R a t e 28 8 28 8 12 , 50 7 (2 , 50 7 (2 , 50 7 (2 . 50 7 12 , 50 7 (2 , 50 7 12 , 50 7 12 , 50 7 (2 . 50 7 12 , 50 7 Re v e n u e 70 0 24 8 77 8 00 2 69 3 15 0 ) 19 3 86 0 ) (3 , 24 7 76 8 ) 92 9 09 6 ) (2 , 4 9 9 , 00 8 ) 28 7 22 6 ) 55 9 , 78 7 ) (2 , 7 4 8 67 7 ) 58 8 88 6 ) (2 , 4 3 5 , 63 3 ) (1 9 70 4 84 2 ) Lo a d C h a n g e A d j u s t m e n t Ac t u a l F i r m L o a d - A d j u s t e d Mw h 98 7 13 4 25 2 09 0 1,4 5 5 , 48 1 75 1 82 8 54 6 , 51 6 21 3 23 6 09 8 , 78 9 14 2 94 0 34 6 , 18 2 38 2 28 3 10 6 , 62 1 08 9 55 3 15 , 37 2 65 3 No r m a l i z e d F i r m L o a d Mw h 97 4 06 6 14 2 31 6 39 5 , 61 7 56 7 78 3 1,4 8 2 89 6 18 5 , 59 4 08 0 86 8 12 2 , 4 6 4 27 4 10 8 26 5 , 09 1 09 2 , 64 5 07 8 , 72 3 14 , 66 2 , 17 1 Lo a d C h a n g e Mw h 06 8 10 9 , 7 7 4 86 4 18 4 04 5 63 , 62 0 64 2 92 1 20 , 4 7 6 07 4 11 7 19 2 13 , 97 6 83 0 71 0 , 4 8 2 Ex p e n s e A d j u s t m e n t ( ( i j ) 1 6 , 84 ) (2 2 0 06 5 ) 84 8 59 4 00 8 , 11 0 ) 09 9 31 8 ) 07 1 36 1 (4 6 5 , 4 9 1 13 0 1 79 0 13 4 4 81 6 21 3 72 6 97 3 51 3 (2 3 5 35 6 11 8 2 37 7 11 1 96 4 51 7 ) Ac t u a l N o n - QF P C A Ex p e n s e A d j u s t m e n t (2 2 0 , 06 5 ) 84 8 59 4 ) 00 8 11 0 ) (3 , 09 9 , 31 8 ) 07 1 36 1 ) (4 6 5 , 4 9 1 ) (3 0 1 , 79 0 ) (3 4 4 81 6 ) 21 3 72 6 ) (1 , 97 3 51 3 ) (2 3 5 35 6 ) (1 8 2 , 37 7 ) (1 1 96 4 , 51 7 ) Wa t e r L e a s e P u r c h a s e s 62 , 50 0 62 , 50 0 Ci o u d S e e d i n g P r o g r a m 22 3 60 , 86 0 25 , 38 1 55 9 23 , 73 1 98 3 17 5 58 , 72 5 12 0 99 9 85 2 17 3 , 88 8 11 4 22 7 80 4 60 3 Fu e l E x p e n s e - Co a l 54 6 61 5 09 5 68 8 7,7 4 1 23 3 08 5 , 11 8 88 0 04 1 10 , 91 9 , 87 1 80 1 71 6 22 4 90 8 81 5 73 1 25 3 , 90 1 9, 4 3 1 15 5 73 6 , 94 4 11 0 , 53 2 92 1 Da n s k i n - Ga s 78 6 22 1 36 7 33 6 , 64 9 31 9 23 4 58 7 , 4 2 3 12 5 , 24 6 28 9 16 4 78 0 49 , 80 6 15 1 , 4 2 9 99 , 93 9 12 3 , 36 9 Be n n e t t M o u n t a i n - Ga s 13 2 , 81 5 58 0 , 69 7 06 0 24 7 59 2 88 3 47 8 75 6 26 0 , 32 8 66 2 , 4 4 5 13 9 15 5 53 0 , Q 4 2 11 , 4 4 6 60 9 72 3 05 8 53 8 No n - Fir m P u r c h a s e s 80 5 36 7 23 5 50 7 62 1 , 4 3 8 32 , 4 2 4 61 1 71 0 , 69 4 68 0 01 7 10 , 08 1 38 2 36 8 , 26 0 86 0 90 6 84 1 56 8 93 0 , 08 1 32 2 07 5 22 4 88 1 90 6 Su r p l u s S a l e s 13 3 64 9 30 1 (2 2 74 5 92 8 (1 6 16 9 , 24 4 08 9 39 1 91 8 83 2 11 7 , 4 4 2 35 5 ) 11 3 , 61 2 38 4 76 1 18 9 82 2 92 3 20 , 96 4 87 5 08 9 , 68 9 12 1 26 3 , 17 5 12 0 5 , 52 9 28 8 To t a l N o n - 11 1 24 8 56 1 59 9 59 7 13 , 60 7 59 4 25 1 69 6 21 1 69 6 33 9 02 6 26 8 13 9 37 3 , 11 3 94 9 94 7 80 7 , 4 7 5 37 2 , 95 5 56 2 64 4 12 6 97 0 03 3 BA S E Fu e l E x p e n s e - Co a l 10 8 20 0 80 0 60 0 34 2 00 0 71 4 20 0 72 0 , 30 8 8, 4 4 8 90 8 72 6 , 4 0 8 8, 4 4 2 , 4 0 8 72 6 , 60 8 45 3 50 8 37 2 80 8 28 2 , 4 0 8 95 , 13 8 36 4 Da n s k l n - Ga s 26 4 80 0 27 8 , 50 0 27 5 , 70 0 27 9 , 60 0 28 0 80 0 26 4 70 0 27 2 30 0 26 4 , 4 0 0 27 3 , 10 0 27 2 20 0 25 7 50 0 27 3 , 60 0 25 7 20 0 Be n n e t t M o u n t a i n - Ga s 40 6 10 0 25 3 , 20 0 25 6 70 0 90 0 22 , 4 0 0 10 0 99 . 70 0 10 0 30 0 80 0 19 4 , 30 0 No n - Fir m P u r c h a s e s 28 , 00 0 66 4 10 0 71 5 , 4 0 0 16 6 60 0 76 5 20 0 47 9 30 0 35 , 80 0 60 3 , 00 0 84 1 , 10 0 38 7 50 0 00 0 72 , 80 0 11 , 84 2 80 0 Clo u d S e e d i n g E x p e n s e 16 7 , 4 2 3 16 7 , 4 2 3 16 7 , 4 2 3 16 7 , 4 2 3 16 7 , 42 3 16 7 , 4 2 3 00 4 , 53 8 Clo u d S e e d i n g B e n e f i t (3 1 6 66 7 ) (3 1 6 66 7 ) (3 1 6 , 66 7 ) (3 1 6 , 66 7 ) (3 1 6 , 66 7 ) (3 1 6 66 7 ) 90 0 , 00 0 ) Su r p l u s S a l e s (9 , 18 7 50 0 56 6 , 90 0 83 1 50 0 54 2 20 0 13 , 60 1 10 0 15 , 73 6 20 0 01 2 20 0 1, 4 1 9 , 60 0 13 , 4 4 3 80 0 88 9 , 80 0 (7 , 77 6 10 0 15 5 , 4 0 0 16 2 30 0 Ne t 9 0 % I t e m s 78 6 50 0 ) 17 6 30 0 90 7 70 0 87 1 , 4 0 0 8, 4 2 1 90 8 3, 4 7 7 60 8 89 5 , 4 6 4 74 7 06 4 34 7 , 4 6 4 12 5 26 4 (1 8 4 73 6 ) (6 2 4 03 6 ) 46 , 37 4 90 2 Ch a n g e F r o m B a s e (9 , 4 6 2 06 1 ) 2, 4 2 3 29 7 69 9 , 89 4 38 0 , 29 6 16 , 7 8 9 , 78 8 86 1 , 4 1 8 37 2 , 67 4 62 6 , 04 8 60 2 , 4 8 3 68 2 21 0 55 7 69 0 39 2 80 , 59 5 13 1 Em i s s i o n A l l o w a n c e S a l e s C r e d i t (4 9 71 2 , 4 8 8 ) 14 9 , 71 2 , 4 8 8 Su b t o t a l (9 , 4 6 2 06 1 ) 2, 4 2 3 29 7 (4 1 01 2 59 5 ) 38 0 29 6 16 , 78 9 78 8 86 1 , 4 1 8 37 2 67 4 62 6 , 04 8 60 2 , 4 8 3 68 2 , 21 0 55 7 , 69 0 39 2 88 2 64 2 Sh a r i n g P e r c e n t a g e 90 , 90 . 90 , 90 , 90 , 90 , 90 , 90 , 90 , 90 , 90 , 90 , Id a h o A l l o c a t i o n 94 . 94 . 94 , 94 . 94 , 94 , 94 , 94 . 94 , 94 , 94 , 94 , No n - QF D e f e r r a l 18 , 01 3 , 4 1 9 05 2 29 0 (3 4 73 3 56 6 20 , 64 7 67 3 21 9 27 2 65 7 83 5 00 9 , 4 1 8 61 1 60 0 59 1 64 3 65 9 16 4 6, 4 0 0 60 8 99 3 15 4 , 51 0 Ac t u a l Q F ( I n c l u d e s N e t M e t e r i n g ) ' " 29 4 , 7 8 8 4, 4 5 7 70 5 09 7 65 2 78 2 , 4 2 3 16 5 18 9 60 8 88 9 91 9 78 7 12 3 69 0 21 8 08 9 2, 4 0 1 30 0 13 3 , 36 2 11 7 27 3 32 0 , 14 5 Ba s e Q F 81 5 , 7 6 6 16 0 39 9 29 2 82 9 54 0 . 66 4 15 8 , 66 1 50 3 , 76 8 56 1 85 3 23 9 , 59 3 3, 4 8 3 86 3 03 6 , 4 1 0 95 7 59 5 30 7 60 4 05 9 , 00 5 Ch a n g e F r o m B a s e 47 9 02 2 29 7 30 6 (1 9 5 , 17 7 ) 24 1 75 9 52 8 10 5 12 1 (6 4 2 06 6 (1 1 5 90 3 ) (2 6 5 , 77 4 ) (6 3 5 , 11 0 (8 2 4 23 3 ) (1 9 0 , 33 1 73 8 , 86 0 ) Sh a r i n g P e r c e n t a g e 10 0 , 10 0 , 10 0 , 10 0 , 10 0 , 10 0 , 10 0 . 10 0 , 10 0 , 10 0 . 10 0 . 10 0 . Id a h o A l l o c a t i o n 94 , 94 , 94 , 94 , 94 . 94 , 94 , 94 , 94 , 94 . 94 , 94 , QF De f e r r a l 45 0 , 7 5 9 27 9 76 4 (1 8 3 66 1 22 7 , 4 9 5 14 2 91 9 16 0 4 18 4 11 0 9 , 06 5 ) (2 5 0 , 09 4 ) 15 9 7 63 9 17 7 5 60 4 11 7 9 , 10 1 ) 63 6 26 7 ) D: I :: r z :: ; : 0 CD ' "U : J - D: l c . 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Ne g a t i v e a m o u n t s i n d i c a t e b e n e f i t t o t h e r a t e p a y e r s , 10 2 .. I n t e r e s t r a t e c h a n g e d p e r I P U C O r d e r 2 9 9 3 2 , 10 3 OF f o r S e p t e m b e r i s u n d e r s t a t e d b v $ 2 8 6 a n d w i l l b e c o r r e c t e d i n O c t o b e r () ( ) . D J en e n n C D :T Z :: ; : 0 CD . "U ' " - m DJ e . "U x ~ 3 ' N~ 1) 1 " " - O 0 - -;- J 0 ;; : ; ~ I ~ IDAHO POWER COMPANY CASE NO.IPC-O7- TESTIMONY CELESTE SCHWENDIMAN EXHIBIT NO. Idaho Power Company First Revised Sheet No. 55- Cancels Oriqinal Sheet No. 55-I.P.C. No. 28 Tariff No. 101 SCHEDULE 55 POWER COST ADJUSTMENT APPLICABILITY This schedule is applicable to the electric energy delivered to all Idaho retail Customers served under the Company s schedules and Special Contracts. These loads are referred to as "firm" load for purposes of this schedule. BASE POWER COST The Base Power Cost of the Company s rates is computed by dividing the Company s power cost components by firm kWh load. The power cost components are the sum of fuel expense and purchased power expense (including purchases from cogeneration and small power producers), less the sum of off-system surplus sales revenue. The Base Power Cost is 0.7477 cents per kWh. PROJECTED POWER COST The Projected Power Cost is the Company estimate, expressed in cents per kWh , of the power cost components for the forecasted time period beginning April 1 each year and ending the following March 31, The Projected Power Cost is 0.9575 cents per kWh. TRUE-UP AND TRUE-UP OF THE TRUE- The True-up is based upon the difference between the previous Projected Power Cost and the power costs actually incurred. The True-up of the True-up is the difference between the previous years approved True-:Up revenues and actual revenues collected, The total True-up is 0.0531 cents per kWh. POWER COST ADJUSTMENT The Power Cost Adjustment is 90 percent of the difference between the Projected Power Cost and the Base Power Cost plus the True-ups. The monthly Power Cost Adjustment applied to the Energy rate of all metered schedules and Special Contracts is 0.2419 cents per kWh. The monthly Power Cost Adjustment applied to the per unit charges of the nonmetered schedules is the monthly estimated usage times 0.2419 cents per kWh, EXPIRATION The Power Cost Adjustment included on this schedule will expire May 31 , 2008. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman , IPC Page 1 of IDAHO POWER COMPANY CASE NO.IPC-O7 - TESTIMONY CELESTE SCHWENDIMAN EXHIBIT NO. Idaho Power Company First Revised Sheet No. 1- Cancels Oriqinal Sheet No. 1-I.P.C. No. 28 Tariff No. 101 SCHEDULE 1 RESIDENTIAL SERVICE (Continued) RESIDENTIAL SPACE HEATING All space heating equipment to be served by the Company s system shall be single-phase equipment approved by Underwriters' Laboratories , Inc., and the equipment and its installation shall conform to all National , State and Municipal Codes and to the following: Individual resistance-type units for space heating larger than 1 650 watts shall be designed to operate at 240 or 208 volts, and no single unit shall be larger than 6 kW. Heating units of 2 kW or larger shall be controlled by approved thermostatic devices. When a group of heating units, with a total capacity of more than 6 kW, is to be actuated by a single thermostat, the controlling switch shall be so designed that not more than 6 kW can be switched on or off at anyone time. Supplemental resistance- type heaters , that may be used with a heat exchanger, shall comply with the specifications listed above for such units. SUMMER AND NON-SUMMER SEASONS The summer season begins on June 1 of each year and ends on August 31 of each year. The non-summer season begins on September 1 of each year and ends on May 31 of each year. MONTHLY CHARGE The Monthly Charge is the sum of the Service Charge , the Energy Charge, and the Power Cost Adjustment at the following rates: Summer Non-summer Service Charge, per month $4.$4. Energy Charge, per kWh First 300 kWh 5.4251~5.4251 ~ All Additional kWh 1 060~5.4251 ~ Power Cost Adjustment*, per kWh 2419~2419~ This Power Cost Adjustment is computed as provided in Schedule 55. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge , the Energy Charge, and the Power Cost Adjustment. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No, IPC-07- C. Schwendiman , IPC Page 1 of 22 Idaho Power Company First Revised Sheet No. 4- Cancels OriQinal Sheet No. 4-I.P.C. No. 28 Tariff No. 101 SCHEDULE 4 RESIDENTIAL ENERGY WATCH PILOT PROGRAM (OPTIONAL) (Continued) SUMMER AND NON-SUMMER SEASONS The summer season begins on June 1 of each year and ends on August 31 of each year. The non-summer season begins on September 1 of each year and ends on May 31 of each year. MONTHLY CHARGES The Monthly Charge is the sum of the Service Charge , the Energy Charge , and the Power Cost Adjustment at the following rates: Power Cost Adjustment*, per kWh Summer Non-summer $4,$4. 20.0000~n/a 5.4251 ~5.4251 ~ 2419~2419~ Service Charge, per month Energy Charge, per kWh Energy Watch Event hours All other hours This Power Cost Adjustment is computed as provided in Schedule 55. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Energy Charge, and the Power Cost Adjustment. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman, IPC Page 2 of 22 Idaho Power Company First Revised Sheet No. 5- Cancels Oriqinal Sheet No. 5-I.P.C. No. 28 Tariff No. 101 SCHEDULE 5 RESIDENTIAL SERVICE TIME-OF-DA Y PILOT PROGRAM (OPTIONAL) Summer Season Mid -Peak: 1 :00 p.m. to 9:00 pm. Monday through Friday, except for Independence Day when it falls on a weekday 7:00 a.m. to 1 :00 p.m. Monday through Friday, except for Independence Day when it falls on a weekday 9:00 p.m. to 7:00 a.m. all days and all hours on Saturday, Sunday, and Independence Day. On-Peak: Off-Peak: Non-summer Season There are no time-of-day blocks in the Non-summer. MONTHLY CHARGE The Monthly Charge is the sum of the Service Charge, the Energy Charge, and the Power Cost Adjustment at the following rates: Summer Non-summer Service Charge , per month $4.$4. Energy Charge, per kWh On-Peak 32791t n/a Mid-Peak 10601t n/a Off-Peak 51451t n/a All Non-summer Hours n/a 5.4251 It Power Cost Adjustment*, per kWh 24191t 24191t This Power Cost Adjustment is computed as provided in Schedule 55. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge , the Energy Charge, and the Power Cost Adjustment. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C, Schwendiman , IPC Page 3 of 22 Idaho Power Company First Revised Sheet No. 7- Cancels Oriqinal Sheet No. 7-I.P.C. No. 28 Tariff No.1 01 SCHEDULE 7 SMALL GENERAL SERVICE (Continued) MONTHLY CHARGE The Monthly Charge is the sum of the Service Charge, the Energy Charge, and the Power Cost Adjustment at the following rates: Summer Non-summer Service Charge, per month $4.$4. Energy Charge , per kWh First 300 kWh All Additional kWh Power Cost Adjustment*, per kWh 5143q: 3361 q: 2419q: 5143q: 5143q: 2419q: This Power Cost Adjustment is computed as provided in Schedule 55. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Energy Charge , and the Power Cost Adjustment. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman , IPC Page 4 of 22 Idaho Power Company First Revised Sheet No. 9- Cancels Oriqinal Sheet No. 9-LP.C. No. 28 Tariff No. 101 SCHEDULE 9 LARGE GENERAL SERVICE (Continued) MONTHLY CHARGE (Continued) SECONDARY SERVICE Summer Non-summer Service Charge, per month $12.$12. Basic Charge, per kW of Basic Load Capacity First 20 kW All Additional kW $0. $0. $0. $0. Demand Charge, per kW of Billing Demand First 20 kW All Additional kW $0. $3. $0. $2. Energy Charge, per kWh First 2 000 kWh All Additional kWh 8159i 9199i 2419i 0800i 6047i 2419iPower Cost Adjustment*, per kWh This Power Cost Adjustment is computed as provided in Schedule 55. Facilities Charqe None, Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Basic Charge, the Demand Charge, the Energy Charge, and the Power Cost Adjustment. PRIMARY SERVICE Summer Non-summer Service Charge, per month $200.$200. Basic Charge , per kW of Basic Load Capacity $0.$0. Demand Charge, per kW of Billing Demand $3.$2, Energy Charge , per kWh 6569i 3795i Power Cost Adjustment*, per kWh 2419i 0.2419i This Power Cost Adjustment is computed as provided in Schedule 55. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No, 5 Case No. IPC-07- C. Schwendiman, IPC Page 5 of 22 Idaho Power Company First Revised Sheet No. 9- Cancels Oriqinal Sheet No. 9-I.P.C. No. 28 Tariff No. 101 SCHEDULE 9 LARGE GENERAL SERVICE (Continued) MONTHLY CHARGE (Continued) Facilities Charqe. The Company s investment in Company-owned Facilities Beyond the Point of Delivery times 1.7 percent. Minimum Charqe. The monthly Minimum Charge shall be the sum of the Service Charge, the Basic Charge , the Demand Charge, the Energy Charge , the Power Cost Adjustment, and the Facilities Charge. TRANSMISSION SERVICE Summer Non-summer Service Charge, per month $200.$200. Basic Charge, per kW of Basic Load Capacity $0.46 $0.46 Demand Charge, per kW of Billing Demand $3.47 $2. Energy Charge, per kWh 5939g;3352g; Power Cost Adjustment*2419g;2419g; This Power Cost Adjustment is computed as provided in Schedule 55. Facilities Charqe The Company s investment in Company-owned Facilities Beyond the Point of Delivery times 1, percent. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Basic Charge, the Demand Charge, the Energy Charge , the Power Cost Adjustment, and the Facilities Charge. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C, Schwendiman, IPC Page 6 of 22 Idaho Power Company I.P.C. No. 28 Tariff No. 101 NEW FACILITIES First Revised Sheet No. 15- Cancels Oriqinal Sheet No. 15- SCHEDULE 15 DUSK TO DAWN CUSTOMER LIGHTING (Continued) Where facilities of the Company are not presently available for a lamp installation which will provide satisfactory lighting service for the Customer s Premises, the Company may install overhead or underground secondary service facilities, including secondary conductor, poles , anchors, etc., a distance not to exceed 300 feet to supply the desired service, all in accordance with the charges specified below. MONTHLY CHARGES Monthly per unit charges on existing facilities: AREA LIGHTING High Pressure Sodium Vapor 100 Watt 200 Watt 400 Watt FLOOD LIGHTING High Pressure Sodium Vapor 200 Watt 400 Watt Metal Halide 400 Watt 1000 Watt Average Lumens 550 800 000 Base Rate $ 5. $ 9.48 $15. Power Cost Adiustment* $0.082246 $0.164492 $0.331403 Average Base Power Cost Lumens Rate Adiustment* 800 $11.$0.164492 45,000 $17.$0.331403 800 $19,$0.331403 000 $35.$0.827298 This Power Cost Adjustment is computed as provided in Schedule 55. 2. For New Facilities Installed Before June 1, 2004: The Monthly Charge for New Facilities installed prior to June 1 , 2004 , such as overhead secondary conductor, poles, anchors, etc., shall be 75 percent of the estimated installed cost thereof. 3, For New Facilities Installed On or After June 1, 2004:The non-refundable charge for New Facilities to be installed, such as underground service, overhead secondary conductor, poles anchors, etc., shall be equal to the work order cost. PAYMENT The monthly bill for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered, IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman , IPC Page 7 of 22 Idaho Power Company First Revised Sheet No. 19- Cancels Oriqinal Sheet No. 19-I.P.C. No. 28 Tariff No. 101 SCHEDULE 19 LARGE POWER SERVICE (Continued) MONTHLY CHARGE (Continued) SECONDARY SERVICE Power Cost Adjustment*, per kWh Summer Non-summer $12.$12. $0.$0. $3.$2. $0.41 n/a 1790i n/a 0204i 7174i 8151i 5946i 2419i 0.2419i Service Charge, per month Basic Charge , per kW of Basic Load Capacity Demand Charge, per kW of Billing Demand On-Peak Demand Charge, per kW of On-Peak Billing Demand Energy Charge, per kWh On-Peak Mid-Peak Off-Peak This Power Cost Adjustment is computed as provided in Schedule 55. Facilities Charqe None. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Basic Charge, the Demand Charge, the On-Peak Demand Charge , the Energy Charge and the Power Cost Adjustment. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman , IPC Page 8 of 22 Idaho Power Company I.P.C. No. 28 Tariff No. 101 First Revised Sheet No. 19- Cancels Oriqinal Sheet No. 19- SCHEDULE 19 LARGE POWER SERVICE (Continued) MONTHLY CHARGE (Continued) PRIMARY SERVICE Demand Charge, per kW of Billing Demand Summer Non-summer $200.$200. $0.$0. $3.$2. Service Charge, per month Basic Charge, per kW of Basic Load Capacity On-Peak Demand Charge, per kW of On-Peak Billing Demand Power Cost Adjustment*, per kWh $0.41 n/a 7175~n/a 2.4531 ~2192~ 2863~1173~ 2419~2419~ Energy Charge, per kWh On-Peak Mid-Peak Off-Peak This Power Cost Adjustment is computed as provided in Schedule 55. Facilities Charqe The Company s investment in Company-owned Facilities Beyond the Point of Delivery times 1. percent. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Basic Charge, the Demand Charge, the On-Peak Demand Charge the Energy Charge, the Power Cost Adjustment, and the Facilities Charge. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No, IPC-07- C. Schwendiman, IPC Page 9 of 22 Idaho Power Company I.P.C. No. 28 Tariff No. 101 First Revised Sheet No. 19- Cancels Oriqinal Sheet No. 19- SCHEDULE 19 LARGE POWER SERVICE (Continued) MONTHLY CHARGE (Continued) TRANSMISSION SERVICE Power Cost Adjustment*, per kWh Summer Non-summer $200.$200. $0.46 $0.46 $3.$2. $0.n/a 6908r,t n/a 2.4286r,t 1927r,t 2637r,t 0920r,t 2419r,t 2419r,t Service Charge, per month Basic Charge, per kW of Basic Load Capacity Demand Charge, per kW of Billing Demand On-Peak Demand Charge, per kW of On-Peak Billing Demand Energy Charge, per kWh On-Peak Mid-Peak Off-Peak This Power Cost Adjustment is computed as provided in Schedule 55. Facilities Charqe The Company s investment in Company-owned Facilities Beyond the Point of Delivery times 1. percent. Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge, the Basic Charge, the Demand Charge , the On-Peak Demand Charge, the Energy Charge, the Power Cost Adjustment, and the Facilities Charge. PAYMENT The monthly bill for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman, IPC Page 10 of 22 Idaho Power Company First Revised Sheet No. 24- Cancels Oriqinal Sheet No. 24-I.P.C. No. 28 Tariff No. 101 SCHEDULE 24 AGRICULTURAL IRRIGATION SERVICE (Continued) POWER FACTOR ADJUSTMENT Where the Customer s Power Factor is less than 90 percent, as determined by measurement under actual load conditions, the Company may adjust the kW measured to determine the Billing Demand by multiplying the measured kW by 90 percent and dividing by the actual Power Factor. MONTHLY CHARGE The Monthly Charge is the sum of the Service , the Demand , the Energy, the Power Cost Adjustment, and the Facilities Charges at the following rates. SECONDARY SERVICE In-Season Out-of-Season Service Charge, per month $14.$3. Demand Charge, per kW of Billing Demand $4.$0. Energy Charge , per kWh 3964st 3234st Power Cost Adjustment*, per kWh 2419st 2419st This Power Cost Adjustment is computed as provided in Schedule 55, Facilities Charqe None, Minimum Charqe The monthly Minimum Charge shall be the sum of the Service Charge , the Demand Charge , the Energy Charge , and the Power Cost Adjustment. TRANSMISSION SERVICE In-Season Out-of-Season Service Charge , per month $14.$3. Demand Charge, per kW of Billing Demand $4.$0, Energy Charge, per kWh 2318st 1139st Power Cost Adjustment*, per kWh 2419st 2419st This Power Cost Adjustment is computed as provided in Schedule 55. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No, 5 Case No. IPC-07- C. Schwendiman , IPC Page 11 of 22 Idaho Power Company First Revised Sheet No. 25- Cancels Oriqinal Sheet No. 25-I.P.C. No. 28 Tariff No. 101 SCHEDULE 25 AGRICULTURAL IRRIGATION SERVICE - TIME-OF-USE PilOT PROGRAM (OPTIONAL) (Continued) NO NEW SERVICE POWER FACTOR ADJUSTMENT Where the Customer s Power Factor is less than 90 percent, as determined by measurement under actual load conditions, the Company may adjust the kW measured to determine the Billing Demand by multiplying the measured kW by 90 percent and dividing by the actual Power Factor. MONTHLY CHARGE The Monthly Charge is the sum of the Service, the TOU Metering, the Demand, the Energy, and the Power Cost Adjustment Charges at the following rates. SECONDARY SERVICE Demand Charge , per kW of Billing Demand Energy Charge, per kWh In-Season Out-of-Season $14.$3. $3.n/a $4.$0. Service Charge, per month TOU Metering Charge , per month IN-SEASON On-Peak Mid-Peak Off-Peak 1621~n/a 5212~n/a 1. 7606~n/a n/a 3234~ 2419~2419~ OUT -OF-SEASON Power Cost Adjustment*, per kWh This Power Cost Adjustment is computed as provided in Schedule 55. Minimum Charqe,The monthly Minimum Charge shall be the sum of the Service Charge , the TOU Metering Charge, the Demand Charge, the Energy Charge, and the Power Cost Adjustment. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No, 5 Case No. IPC-07- C. Schwendiman , IPC Page 12 of 22 Idaho Power Company I.P.C. No. 28 Tariff No. 101 First Revised Sheet No. 39- Cancels Oriqinal Sheet No. 39- SCHEDULE 39 STREET LIGHTING SERVICE SUPPLEMENTAL SEASONAL OR VARIABLE ENERGY AVAILABILITY Service under this schedule is available throughout the Company s service area within the state of Idaho to Customers who were receiving Customer-owned Non-Metered Service under Schedule 41 prior to June 1 , 2004. Eligible Customers may continue to receive supplemental energy service under this schedule until there is no potential for seasonal or variations in usage from the street lighting service, or street lighting service is converted to Metered Service under Schedule 41 , or May 31 , 2011 whichever is sooner. This schedule will expire on May 31 2011. APPLICABILITY Service under this schedule is applicable to seasonal or variable energy service utilized by municipalities or agencies of federal, state, or county governments through wired outlets or useable plug-ins on a Customer-owned street lighting fixture, Service under this schedule is apart from and supplemental to the street lighting service received under Schedule 41. SERVICE CONDITIONS Each Customer who takes supplemental service under this schedule must have the Company ascertain the estimated annual number of kWh used as seasonal or variable usage. MONTHLY CHARGE The estimated annual kWh of energy usage is divided by 12 to determine the estimated monthly kWh of energy usage. The Monthly Charge shall be computed at the following rates: Energy Charge, per estimated monthly kWh Power Cost Adjustment*, per estimated monthly kWh 381 ~ 2419~ This Power Cost Adjustment is computed as provided in Schedule 55. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman, IPC Page 13 of 22 Idaho Power Company First Revised Sheet No. 40- Cancels Oriqinal Sheet No. 40-I.P.C. No. 28 Tariff No. 101 SCHEDULE 40 UNMETERED GENERAL SERVICE (Continued) MONTHLY CHARGE The average monthly kWh of energy usage shall be estimated by the Company, based on the Customer s electric equipment and one-twelfth of the annual hours of operation thereof. Since the service provided is unmetered, failure of the Customer s equipment will not be reason for a reduction in the Monthly Charge. The Monthly Charge shall be computed at the following rate: Energy Charge , per kWh 381 ~ 2419~Power Cost Adjustment*, per kWh This Power Cost Adjustment is computed as provided in Schedule 55. Minimum Charqe. The monthly Minimum Charge shall be the sum of the Energy Charge and the Power Cost Adjustment, but not less than $1.50. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered, IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman , IPC Page 14 of 22 Idaho Power Company I.P.C. No. 28. Tariff No. 101 Second Revised Sheet No. 41- Cancels First Revised Sheet No. 41- SCHEDULE 41 STREET LIGHTING SERVICE (Continued) ACCELERATED REPLACEMENT OF EXISTING FIXTURES In the event a Customer requests the Company perform an accelerated replacement of existing fixtures with the cut-off fixture, the following charges will apply:1. The actual labor, time, and mileage costs incurred by the Company for the removal of the existing street lighting fixtures. $65.00 per fixture removed from service. The total charges identified in 1 and 2 above must be paid prior to the beginning of the fixture replacement and are non-refundable. The accelerated replacement will be performed by the Company during the regularly scheduled working hours of the Company and on the Company s schedule. MONTHLY CHARGES, per lamp High Pressure Sodium Vapor 70 Watt 100 Watt 200 Watt 250 Watt 400 Watt Average Lumens 540 550 19,800 750 000 Base Rate $ 7. $ 6. $ 7.43 $ 8.40 $10. Power Cost Adiustment* $0.070151 $0.099179 $0.193520 $0.251576 $0.401554 This Power Cost Adjustment is computed as provided in Schedule 55. ADDITIONAL MONTHLY RATE For Company-owned poles installed after October 5 , 1964 required to be used for street lighting only: Chan:Je Wood pole , per pole Steel pole, per pole $1. $6. Facilities CharQes Customers assessed a monthly facilities charge prior to June 1 , 2004 for the installation of underground circuits will continue to be assessed a monthly facilities charge equal to 1. percent of the estimated cost difference between overhead and underground circuits. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No, IPC-07- C. Schwendiman, IPC Page 15 of 22 Idaho Power Company Second Revised Sheet No. 41- Cancels First Revised Sheet No. 41-I.P.C. No. 28, Tariff No. 101 SCHEDULE 41 STREET LIGHTING SERVICE (Continued) B" - CUSTOMER-OWNED SYSTEM The Customer lighting system, including posts or standards, fixtures, initial installation of lamps and underground cables with suitable terminals for connection to the Company s distribution system , is installed and owned by the Customer. Service supplied by the Company includes operation of the system, energy, lamp renewals cleaning of glassware , and replacement of defective photocells which are standard to the Company- owned street light units. Service does not include the labor or material cost of replacing cables standards, broken glassware or fixtures, or painting or refinishing of metal poles. Individual lamps will be replaced on burnout as soon as reasonably possible after notification by the Customer and subject to the Company s operating schedules and requirements. Customer-owned systems installed on or after June 1 , 2004 which are constructed , operated , or modified in such a way as to allow for the potential or actual variation in energy usage, such as through but not limited to , the use of wired outlets or useable plug-ins, are required to be metered in order to record actual energy usage, Customer-owned systems installed prior to June 1 , 2004 that are constructed, operated, or modified in such a way as to allow for the potential or actual variation in energy usage may have the estimated annual variations in energy usage served under Schedule 39 until its expiration on May 31 , 2011 , or until the street lighting system is converted to Metered Service or until the potential for variations in energy usage has been eliminated , whichever is sooner. Effective June 1 , 2011 all Customer-owned street lighting systems that have the potential for variations in energy usage must be metered. MONTHLY CHARGES Non-Metered Service , per lamp High Pressure Sodium Vapor 70 Watt 100 Watt 200 Watt 250 Watt 400 Watt Average Lumens 5,450 550 800 750 000 Base Rate $3. $3.44 $4. $5. $7. Power Cost Adiustment* $0,070151 $0.099179 $0.193520 $0,251576 $0.401554 IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman , IPC Page 16 of 22 Idaho Power Company Second Revised Sheet No. 41- Cancels First Revised Sheet No. 41-I.P.C. No. 28. Tariff No. 101 SCHEDULE 41 STREET LIGHTING SERVICE (Continued) MONTHLY CHARGES (Continued) Metered Service, per lamp HiQh Pressure Sodium Vapor 70 Watt 100 Watt 200 Watt 250 Watt 400 Watt Meter Charge, per meter $1. $1. $1. $1. $1. $8. Energy Charge, per kWh Power Cost Adjustment*, per kWh 6511 ~ 2419~ This Power Cost Adjustment is computed as provided in Schedule 55. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No, IPC-07- C. Schwendiman , IPC Page 17 of 22 Idaho Power Company LP.C. No. 28. Tariff No. 101 Second Revised Sheet No. 41- Cancels First Revised Sheet No. 41- SCHEDULE 41 STREET LIGHTING SERVICE (Continued) NO NEW SERVICE B" - ORNAMENTAL LIGHTING - CUSTOMER-OWNED SYSTEM (Continued) Customer-owned non-metered lighting systems that have the potential for variations in energy usage, such as through, but not limited to, the use of wired outlets or useable plug-ins, may have the estimated annual variations in energy usage served under Schedule 39 until its expiration on May 31 2011 , or until the street lighting system is converted to Metered Service, or until the potential for variations in energy usage has been eliminated, whichever is sooner. Effective June 1 , 2011 all Customer-owned street lighting systems that have the potential for variations in energy usage must be metered. MONTHLY CHARGES Non-Metered Service, per lamp Average Lumens Base Rate Power Cost Adiustment* Mercurv Vapor 175 Watt 400 Watt 1000 Watt 654 125 000 $ 5. $ 8. $13. $0.169330 $0.394297 $0.938572 Metered Service per lamp Mercurv Vapor 175 Watt 400 Watt 000 Watt Meter Charge, per meter $1. $1, $2. $8, Energy Charge, per kWh 6511 if; 2419if;Power Cost Adjustment*, per kWh This Power Cost Adjustment is computed as provided in Schedule 55, PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13, 2007 Effective - June 1 2007 Exhibit No. Case No. IPC-07- C. Schwendiman, IPC Page 18 of 22 Idaho Power Company First Revised Sheet No. 42- Cancels Oriqinal Sheet No. 42-I.P.C. No. 28 Tariff No. 101 SCHEDULE 42 TRAFFIC CONTROL SIGNAL LIGHTING SERVICE APPLICABILITY Service under this schedule is applicable to Electric Service required for the operation of traffic control signal lights within the State of Idaho. Traffic control signal lamps are mounted on posts or standards by means of brackets , mast arms, or cable. CHARACTER OF SERVICE The traffic control signal fixtures, including posts or standards , brackets , mast arm, cable lamps, control mechanisms, fixtures, service cable, and conduit to the point of, and with suitable terminals for, connection to the Company s underground or overhead distribution system, are installed owned, maintained and operated by the Customer. Service is limited to the supply of energy only for the operation of traffic control signal lights. The installation of a meter to record actual energy consumption is required for all new traffic control signal lighting systems installed on or after June 1 , 2004. For traffic control signal lighting systems installed prior to June 1 , 2004 a meter may be installed to record actual usage upon the mutual consent of the Customer and the Company. MONTHLY CHARGES The monthly kWh of energy usage shall be either the amount estimated by the Company based on the number and size of lamps burning simultaneously in each signal and the average number of hours per day the signal is operated , or the actual meter reading as applicable. Energy Charge , per kWh 3.4438~ 2419~Power Cost Adjustment*, per kWh This Power Cost Adjustment is computed as provided in Schedule 55. PAYMENT The monthly bill rendered for service supplied hereunder is payable upon receipt, and becomes past due 15 days from the date on which rendered. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No, IPC-07- C. Schwendiman, (PC Page 19 of 22 Idaho Power Company I.P.C. No. 28 Tariff No. 101 First Revised Sheet No. 26- Cancels Oriqinal Sheet No. 26- SCHEDULE 26 IDAHO POWER COMPANY ELECTRIC SERVICE RATE FOR MICRON TECHNOLOGY. INC BOISE. IDAHO SPECIAL CONTRACT DATED SEPTEMBER 1. 1995 MONTHLY CONTRACT DEMAND CHARGE $1,70 per kW of Scheduled Contract Demand SCHEDULED MONTHLY CONTRACT DEMAND The Scheduled Monthly Contract Demand is 0 - 140 000 kW as per the contract with one year written notification. MONTHLY BILLING DEMAND CHARGE $6.91 per kW of Billing Demand but not less than Scheduled Minimum Monthly Billing Demand. MINIMUM MONTHLY BILLING DEMAND The Minimum Monthly Billing Demand will be 25,000 kilowatts, DAILY EXCESS DEMAND CHARGE $0.211 per each kW over the Contract Demand. The Daily Excess Demand Charge is applicable beginning January 1997 or once the Contract Demand reaches 100 000 kW, which ever comes first. MONTHLY ENERGY CHARGE 1.4081 if; per kWh POWER COST ADJUSTMENT* 2419if; per kWh This Power Cost Adjustment is computed as provided in Schedule 55. MONTHLY 0 & M CHARGES Zero percent of total cost of Substation Facilities. IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C, Schwendiman, IPC Page 20 of 22 Idaho Power Company First Revised Sheet No. 29- Cancel Oriqinal Sheet No. 29-I.P.C. No. 28 Tariff No. 101 SCHEDULE 29 IDAHO POWER COMPANY ELECTRIC SERVICE RATE FOR J. R. SIMPLOT COMPANY POCATELLO. IDAHO SPECIAL CONTRACT DATED JUNE 29. 2004 MONTHLY CHARGES Contract Demand Charqe $1.56 per kW of Contract Demand Demand Charqe $5.34 per kW of Billing Demand but no less than the Contract Demand less 5 000 kW Dailv Excess Demand Charqe $0.211 per each kW over the Contract Demand Enerqv Charqe 1.4151cp per kWh Power Cost Adiustment 2419cp per kWh This Power Cost Adjustment is computed as provided in Schedule 55. Monthlv Facilities Charqe 7% of the Company s investment in Distribution Facilities IDAHO Issued - April 13, 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman, IPC Page 21 of 22 Idaho Power Company I.P.C. No. 28 Tariff No. 101 First Revised Sheet No. 30- Cancels OriQinal Sheet No. 30- SCHEDULE 30 IDAHO POWER COMPANY ELECTRIC SERVICE RATE FOR UNITED STATES DEPARTMENT OF ENERGY IDAHO OPERATIONS OFFICE SPECIAL CONTRACT DATED MAY 16. 2006 CONTRACT NO. GS-OOP-99-BSD-0124 AVAilABILITY This schedule is available for firm retail service of electric power and energy delivered for the operations of the Department of Energy s facilities located at the Idaho National Engineering laboratory site, as provided in the Contract for Electric Service between the parties, MONTHLY CHARGE The Monthly Charge for electric service shall be the sum of the Demand and Energy Charges determined at the following rates: Demand Charge , per kW of Billing Demand $5. Energy Charge , per kWh 5172rp Power Cost Adjustment*, per kWh 2419rp This Power Cost Adjustment is computed as provided in Schedule 55. SPECIAL CONDITIONS 1. BillinQ Demand. The Billing Demand shall be the average kW supplied during the 30- minute period of maximum use during the month.2. Power Factor Adjustment. When the Power Factor is less than 95 percent during the 30-minute period of maximum load for the month, Company may adjust the measured Demand to determine the Billing Demand by multiplying the measured kW of Demand by 0.95 and dividing by the actual Power Factor. IDAHO Issued - April 13 , 2007 Effective - June 1 , 2007 Exhibit No. Case No. IPC-07- C. Schwendiman, IPC Page 22 of 22