HomeMy WebLinkAbout20110916Reply Comments.pdfDONOVAN E. WALKER
Lead Counsel
dwalkerc&idahopower.com
1SIDA~POR~
An IDACORP Company
September 16, 2011
VIA HAND DELIVERY
Jean D. Jewell, Secretary
Idaho Public Utilties Commission
472 West Washington Street
P.O. Box 83720
Boise, Idaho 83720-0074
Re: Case No. IPC-E-11-10
IN THE MATTER OF THE APPLICATION OF IDAHO POWER COMPANY
FOR A DETERMINATION REGARDING THE FIRM ENERGY SALES
AGREEMENT WITH INTERCONNECT SOLAR DEVELOPMENT, LLC,
FOR THE SALE AND PURCHASE OF ELECTRIC ENERGY
Dear Ms. Jewell:
Enclosed for filing please find an original and seven (7) copies of the Reply
Comments of Idaho Power Company in the above matter.
çø~
novan E. Walker
DEW:csb
Enclosures
1221 W. Idaho St. (83702)
P.O. 80x 70
Boise, ID 83707
DONOVAN E. WALKER (ISB No. 5921)
JASON B. WILLIAMS
Idaho Power Company
1221 West Idaho Street (83702)
P.O. Box 70
Boise, Idaho 83707
Telephone: (208) 388-5317
Facsimile: (208) 388-6936
dwalkertæidahopower.com
jwilliamstæidahopower.com
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2011 SEP 16 PM 4: 30
Attorneys for Idaho Power Company
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE APPLICATION )
OF IDAHO POWER COMPANY FOR A ) CASE NO. IPC-E-11-10
DETERMINATION REGARDING THE )
FIRM ENERGY SALES AGREEMENT ) REPLY COMMENTS OF IDAHO
WITH INTERCONNECT SOLAR ) POWER COMPANY
DEVELOPMENT, LLC FOR THE SALE )
AND PURCHASE OF ELECTRIC )ENERGY. )
)
Idaho Power Company ("Idaho Powet' or "Company"), pursuant to the Idaho
Public Utilties Commission's ("Commission") Order No. 32347 in the above-referenced
case hereby files the following Reply Comments:
I. INTROCUCTION
On June 17, 2011, Idaho Power filed an Application with the Commission
requesting either acceptance or rejection of a 25-year Firm Energy Sales Agreement
("FESA") between Idaho Power and Interconnect Solar Development, LLC
("Interconnect Solat'). Interconnect Solar is a Public Utilty Regulatory Policies Act of
REPLY COMMENTS OF IDAHO POWER COMPANY - 1
1978 ("PURPA") Qualifying Facilty ("QF") that proposes to construct a 20 megawatt
photovoltaic solar generating facilty near Murphy, Idaho.
The FESA contains the avoided cost rates established pursuant to the
Commission's approved Integrated Resource Plan ("I RP") based avoided cost
methodology as currently established by the Commission for solar QFs with a design
capacity over 100 kilowatts. Commission Staff ("Staff) conducted a rigorous
investigation into the establishment of the avoided cost rates in this FESA, and filed its
Comments and recommendations addressing at least ten discrete issues relative to the
application of the IRP-based methodology used to establish the avoided cost price in
the agreement.
II. COMMENTS
Idaho Power appreciates Staffs robust examination and Comments regarding
the application of the IRP methodology in this matter. The Company acknowledges that
since the IRP methodology's initial approval and implementation as a required avoided
cost pricing methodology in 1995, that there have been few actual QF FESAs submitted
to the Commission for its review that have utilzed this pricing methodology. However,
as noted by Staff, there have been several orders and comments that have discussed
many of the details and assumptions employed with the application of this methodology,
as well as a history of past practices employed by the Company when calculating
avoided cost rates under the IRP methodology.
Idaho Power agrees with Staff that there are numerous assumptions and
decisions that must be made, several of which may be unique to a particular QFs
generation technology, in order to employ the IRP methodology to arrive at avoided cost
REPLY COMMENTS OF IDAHO POWER COMPANY - 2
rates for a particular QF project. In calculating and negotiating the rates set forth in the
executed FESA submitted in this case, the Company attempted to apply the
methodology in such a way as to be consistent with both past Commission orders
establishing the methodology as well as the Company's past practices and assumptions
that it has utilized for other QF projects' IRP rate determinations. Generally speaking,
Idaho Power agrees with many of the issues identified and changes recommended to
the IRP methodology by Staff in its Comments. However, the Company does not feel
that many of the changes were, or are, appropriate for the Company to unilaterally
decide to implement without Commission direction to do so. Based upon the discovery
of a mathematical error in the price calculation, as well as Staffs recommended
changes in application of the IRP methodology, the Company recommends that the
Commission not approve the FESA as initially filed. At a minimum, the Company
recommends that the rates submitted in the filed FESA be revised to correct the
computational error.
A. Computational Error.
Staff correctly points out that Idaho Power identified errors in its computations
that determine the capacity component of the avoided cost rates in this FESA. The
current levelized price in the FESA as filed is $105.16 ($43.44 capacity cost component
and $61.71 energy cost component). However, an error was made in the escalation
rate that was applied to the combined cycle combustion turbine ("CCCT") capital cost
component from the 2009 IRP that was carried through and used in the IRP pricing
model for this project. Correction of the error in the CCCT capital cost component
results in a levelized price of $94.59 ($32.88 capacity cost component and $61.71
REPLY COMMENTS OF IDAHO POWER COMPANY - 3
energy cost component). The Company disclosed the error and submitted corrected
and revised pricing for the project to both Staff and to Interconnect Solar during the
course of its discovery responses for this case. Although Staff disagrees that a CCCT
should be used as the basis for the capacity component of the rates, Staff reviewed the
revised calculations and confirmed that they are correct.
Attached hereto as Attachment No. 1 is a revised pricing schedule for the
submitted FESA. This attachment contains pricing reflecting correction of the
computational error in the CCCT capital cost component of the rates. It is formatted as
an appendix to the FESA such that, if approved, it could be readily incorporated into a
revised FESA. Idaho Power recommends that the FESA be approved only if the
corrected pricing, as submitted in Attachment NO.1, is incorporated into the agreement.
B. Use of Seasonal and Daily Weighting Factors to Adjust Prices.
In Interconnect Solats FESA, the Company submitted prices that are adjusted
for seasonality, as well as heavy and light load hours, throughout the year in a similar
manner as to how these adjustments are applied in a published rate PURPA contract.
Staff recommends that the price shapes calculated by AURORA be used as the basis
for hourly and seasonal price adjustments, rather than the hourly and seasonal
adjustment factors used for published avoided cost rate contracts that were used in this
agreement. The Company agrees. As pointed out by Staff, the energy price
components derived using AURORA, utilzing the unique energy shape of this particular
project, recognize the higher and lower energy values throughout the day and the
seasons of the year. Consequently, using the price shapes calculated by AURORA as
the basis for the hourly and seasonal pricing adjustments results in a much more
REPLY COMMENTS OF IDAHO POWER COMPANY - 4
accurate and appropriate seasonal and hourly variation that is unique to this particular
project's energy output. Attachment NO.1, which Idaho Power proposes as
replacement pricing for the FESA, sets forth monthly heavy load and light load values
for each year of the FESA. These values are the actual seasonal heavy and light load
values from AURORA based upon the actual output of the proposed project. With its
use for the pricing in the contract, no other seasonality or heavy load/light load
adjustments need to be applied.
C. Other Issues.
Staff recommended several other changes to the way in which the Company
employed the IRP methodology to arrive at the avoided cost rates for the FESA. These
include: (1) use of a simple cycle combustion turbine ("SCCT") instead of a CCCT to
derive the capacity component of the rates, (2) use of 2011 IRP assumptions instead of
2009 IRP assumptions, and (3) implementation of a solar integration charge as well as
other issues. While the Company agrees with Staff that these issues exist, and further
that they have merit and should be adopted by the Commission, the Company does not
feel that it would be proper for it to unilaterally incorporate these types of changes to the
methodology without the Commission's approval and direction.
Acknowledging, as did Staff, that there is an ongoing and pending docket
established to examine these and other PURPA-related issues and potential changes to
the avoided cost methodology, the Company in the interim must continue to meet its
legal obligations to contract in good faith with QFs that approach the Company seeking
power sales agreements pursuant to PURPA. The Company has a history of how it has
interpreted Commission orders and direction about how to apply the IRP methodology,
REPLY COMMENTS OF IDAHO POWER COMPANY - 5
and despite the fact that it may want to change the methodology in much the same way
that Staff has recommended, did not feel it could do so without Commission
authorization. Thus, the Company in good faith calculated the IRP-based avoided cost
pricing for Interconnect Solats contract consistent with its interpretation and application
of the existing approved IRP methodology. The Company was also able to negotiate
resolutions to other issues with the project, such as the ownership of environmental
attributes generated under the FESA, where it feels mutual benefit for both the project
as well as the Company's customers was obtained. The Company was constrained to
apply the existing methodology in its good faith contract negotiations with this QF, even
if it believed a different methodology was more appropriate, unless and until it is
relieved of that obligation by the Commission. The Commission has its duty to ensure
that the existing approved methodology, and/or the Company's interpretation and
application of such, is an accurate reflection of the Company's avoided cost and in the
public interest. The Company has submitted replacement rate calculations for this
project in Attachment NO.1 that reflect correction of the mathematical error, as well as
reflecting the direct seasonal and heavy load/light load AURORA results. The Company
does not feel it can unilaterally make changes to the methodology, such as those
suggested by Staff to move to a SCCT, 2011 IRP assumptions over 2009 IRP
assumptions, and institute an integration charge without Commission direction and
approvaL.
II. CONCLUSION
Idaho Power agrees with Staff that the FESA, as submitted, not be approved by
the Commission. At a minimum, Idaho Power recommends that the computational error
REPLY COMMENTS OF IDAHO POWER COMPANY - 6
be corrected and that the appropriate AURORA based seasonality and heavy load/light
load price variation be implemented for the FESA. The Company believes that the
other changes in the IRP-based methodology and assumptions recommended by Staff
require specific authorization from the Commission in order to implement in a FESA.
Respectfully submitted at Boise, Idaho, this 16th day of September 2011.
&wqt~
Attorney for Idaho Power Company
REPLY COMMENTS OF IDAHO POWER COMPANY - 7
CERTIFICATE OF SERVICE
I HEREBY CERTIFY that on this 16th day of September 2011 I served a true and
correct copy of the within and foregoing REPLY COMMENTS OF IDAHO POWER
COMPANY upon the following named parties by the method indicated below, and
addressed to the following:
Commission Staff
Kristine Sasser
Deputy Attorney General
Idaho Public Utilties Commission
472 West Washington (83702)
P.O. Box 83720
Boise, Idaho 83720-0074
-- Hand Delivered
U.S. Mail
_ Overnight Mail
FAX
-- Email Kris.Sassertæpuc.idaho.gov
Interconnect Solar Development LLC
Randy Hemmer, Manager
Interconnect Solar Development LLC
3777 Twilght Drive
Boise, Idaho 83703
Hand Delivered
-- U.S. Mail
_ Overnight Mail
FAX
-- Email randyhemmertæclearwire.net
Ronald L. Wiliams
WILLIAMS BRADBURY, P.C.
1015 West Hays Street
Boise, Idaho 83702
Hand Delivered
-- U.S. Mail
_ Overnight Mail
FAX
-- Email ron~williamsbradbury.com
Dr. Don Reading
Ben Johnson Associates, Inc.
6070 Hil Road
Boise, Idaho 83703
Hand Delivered
-- U.S. Mail
_ Overnight Mail
FAX
-- Email dreading~mindspring.com
~gt~
REPLY COMMENTS OF IDAHO POWER COMPANY - 8
BEFORE THE
IDAHO .PUBlIC UTiliTIES COMMISSION
CASE NO. IPC-E-11-10
IDAHO POWER COMPANY
ATTACHMENT NO.1
PROPOSED APPENDIX
MONTHLY ENERGY PRICES
Mils per Kwh
MonthlYear Heavy Load Energy Purchase Price Light Load Energy Purchase Price
.~§.n:~?........................................................ ...................m..Sae:4~..................m.m........................... .. ..............................Sa~:e4 ........................................................m............
Fe~::1.? ..................................................saX:eS..m.m. .. . . . .... .............sa~:~a .m...........
Mar-12 $84.:.!4................... ..........................................m.. $80 .63 ................ m..
...........Apr:~?... $81 .01 .................................................................................. ..........m.........S?a:eL ..................................m....m......MaY:1?m.$7 4.4~t.. . . ..........m .... .....ses:ea.......m.. .~.lJI":~? $76.52....m ...... ........... $65:.!4............
...................~lJI:.~?m.. ................................ ..................saa.:?~........................................................ .................................. $80.23 ........................................._.......
AlJg:~? .......................................................................... $92.42 ............................................................... m.mm............... $84.44SeP:~?.m. $94.12 . . ..............m.msas:.9?.Qat:~?..._.sa?:sJ.mm. . .... ...... .Sa?:4a ...... .....m..
Nay::~?.... ...................................................... $ae:?e....................... ...... ..... ......m.m...Sae:4S .. .... ..... ....m..m
.Pea:1?........ $e9.85 ................................... ....... .... ...... ...... .mm.mm.saSJe.m....
..................~.§.l"::~~...... $88:SS................ ............................... ................................. ..........msaSJ.e........Feb-13 $89.9?..... ....m.. .... . . ......Sae:4.S.......m...
.................M§.r::1~............... $86:e~...................... .................................................. . .........sa?:Xs......m...........................m........_...Apr-13m..... $8?:.S!.....m....m.. $77.11............m.........
iyaY::J~.m.$76.08 ......m ... .................seraa...m ....
Jun-13 $78.8E?......................................................... .......................$ae.~~ ..................................... ....................................
...........~lJ1:1.3....................................... .........................................................$ea:a?... .................................. ..... ....................................... .. .........m.m........m...Sa1..:.aa ..................................................
...........AlJg::~..~........... $94.4?................. ................................................. .....$ae:4S ........................m........... .
Sep-13mm. ................... ..SeS:Z1. ..m. .m.. ......... .. ......... ..m..m$Gs.:ea.m....
Q9.t:~~.... ............................................................................sa?:?O ................................... ..... ............................................................. .......Sa?:4S .........................................................Nay::~~... $99:ee. . . ............saZ:es
Dea:1~............................ $e1..:..?5 ............................................ ............................................................................... ............................saeJJ...
~§.1"::~4..... $ea:14. .. ................SaS:e4
.............Fe~::1.4.. .........................................................................................Se1...:.g................................................... ......................... ................saZ:ea.......Mar-14 $89.1!........sa~:?a.m...m.
A~r::J..~.. ..............................................................................................sas:~~. ................................................. ........................................................... ....... ..m....Ea:S?......
iyaY::14.. $77.74..... ... .....m. ...seG:se .....................
~lJI":14.. $80.86 ................................................m .......SZaßs...~lJI::~4..m..Se1:!? . . .... ......... ....$a~:~am.......
.AlJg::~4..... $96.~1......... .. . ............m $88.2!.m.. .......
Sep::14...Sea:.es......................................................... .. .....m........Jae:a4....Oct-14 $88.97 $84.62
..... .......Nay:.~.4m..........................................................................................se?:94 ......................m.............................. .........................................sa!:~a ...............................m..
Dec-14 $93.2a.................................................................. .................................sae:.a~....
Jan-15 ..............................m...........m.........sea:Ze ................................................ $ae:.9e.....
Fe~::.~..s................. .................................................................................$.92.57....................................................................... .. . ..... .......saa:?~....
.iy§.r::~s..................... ...................................................... $90.2T........m.............. .............................................................. $a~:..~a................ ....
.................Apr:~S ..................................Sa4.45...................... ...............Sa9:.a~ .............................................
mm..M§.y::JS $77. 7 4........................._.............m.....m.. .............................sea:Z? ........................................................
J u n-15 .............m.....................................................Sa1J3.e.................._.._.................... . ..S?9:Sa...................................
mm. ......~lJI:~S.............. $92 .4a.......................m..............m...Sa~.:!1
....m...AlJg::~S ...............m....... $97 .2S.m............m....m......$ae:es .................................. ...
.................Sep::1S.. s~a?:e~............. .m............. ......................................... .....................Se9.:.S~m.m.
..................Qat:~S.m..m..................................................Se?:!9.................................................... .............................. .................saS.: 1.a..................................Noy::~S..........Se4:?9............ .. ............ .... $90.4 7 . .... ...... .
.................Pea:.1.S........................ $94.03.................................................. ............................................................ ....................................................se9.:e9 .m................................ ..............................
J§.l".:~e.............................................. ...............SeaA4......... ........................................................ ......................................... ...................................sa?:.ea.... .. . ............ ..........
.............Fe~::1a............................................. ....................se?:??..... .................................................................. ................. $a6.66
.iy§.r::1 e...... .. $90. 26...m.......m....Sa4:1a ................................ ...... ....m.....
.............mApr~~.e ............................................................ ....m.................saS:~e...............................................................m...........m..................... .................$a9:.~?
.m.....iy.ay::Je ........................................................... ......................S?aAe. ...m............... ................ ..............sae:.eZ.
...~lJI":~e. $82.02 ...................................... ................ ........................... $70.:56
~lJI:~e...... ..........................m... ...............................se?:s~.... .............................................................. .mm........................... $84.77
AlJg:~e ..............................................................................................see:ZJ..................... ................................................... ........................................ . ... ...............Se9:.S?
...........Sep:1e ........................... ..................................119~:?!............. ............................ ........................m.m........ .................................. $89.66
.Qa.t~~e........................................... ...............................Se.1:9a.......m...... ..................................... ...................................... $a4.:1.S...................... ...............................
Nay:1.e...... .........se4.:ee............. ....................................... ............................................................................... $90.:.aS.....m........... .....
............p.ea:~e $94.JJ..................... ................................. ......................................................... ..........sea:!~..........
~§.I":E.. ..............Se?:e4. $87.?a...
.........Fe~::E................................................................................... ...........se4.:~S................ ........................................ ................................................................... ...............Se9:SS........ ...........................................
..iy§.r::E..S~~:ee.. ...... . ............ . ........ ... ..mm...Sae:4a. .. ...... .......................
Apr:E...... . $88.1 a................... .......m.mmm. .........................Sa9.:?.~...... ........................................................
....iy§.y:E ................................ ..Sa1:ea.............................. ...... ...... .........S?9:?~.................
............~~I":Em.... $84.16m... .. .....m......S??:ea. ....................................................
~~1:1Z..............................m........................... $95.50........... .......................... ...sas:e? ...............................
..AlJ9:.1!. .......................................................... $1 OO:S?.............._. ..................................... ............................................................ ......Se1.:44.......
Sep-17 .....m........... $103.00....................................... ..............m......................... ..sae:!s......
.............Qat:E......... $92:~?......................................................................................... ........m......................................mSae:4~.... ......................................................... .
Nay:~L...... .............................m.m.......................... $96.84....mm.................. ................................................ ..................m.m.........Se~:9Z.Pea:E................ ....ses:Ze $92:!~............
~§.l"~.~a. ................................................... ....S94.13.m...Sae:Ze .... ...............................................................
Fe~::1a....Se4:!S............ . .. .... .. . .....................Se9:e4. . .................._...
............iy§.r::1e... ...............S92.38......... ............. .....................................m... $88.27 ......................................................................
...............Apr::~e ..................................... $88:9.~...........................................................................m................. .......Se1J4 .........................................
............iy§.y:1a ..............................................................................Sa1~.1.?....... $72.eS.........................................._.......
............~lJI".:1a.................................. ..............................Sa4:?e..........................m................... ... ...... ...................m...m.............. .......E?:e4 ......................................................m........m...~lJ1:1a..m...ses:e~........... .... $87.67
...........AlJ9::1e ......m...................................................... $103.1 0 ........................................................... ...................................................................Se4JS..............
............Sep::~..e ...................................... ..............................................1taS.:.~.~...................................................................................................... $9~:e9............m.m..........................m...............
.............Qçt:1..e....................................... .......................................................se?:??.....................m.m................................................................. ................................................ $89.25 .................................................
.................Nay::~a...m............................................... $97.4a...........................m.m............................... . $92.76 ......m...m. .........................Dec-18 $S6.46..m. $95.01 .....................................
.m..~al":~.e.......m.m...................................................... $95.86 ...................................................................................................................................................... $92.77
Feb-19 $96.44 ......... .........................................................................................Se1:e9 ......m ......Mar-19 $9?:eS. $.aIJa........
...........~pr:~.e......... $8e:.~a.................................................. .......m. ............................. ........m.....mm.. ................~a~~~a ........ ...................mm................m...........iy§.Y:JeSe?:SeE~:!.?
Jun-19 $85.54 ........................................ $75.6? .......................................
....................~.~.1:19.................................................................................................. $97:?4.................................. ............................... ......................................................... $88.81 ....................................................
AlJ9:1e..S1a~:!.4. .............................................. $95.37.m.................................m....
...........Sep::1.e......... $1a?:a9.................................................. ....... ............................. ........................................................ ......Se4~~e .....................................................................................
.9.~t:1e..SeS:Ie.... ........ ..... ...m......~aI:??........
............Nay::1..e.......................................................m.m........................ $97.90 ................................m.m....................... $e4.19 ............................................................
..........pea:~e..................................................................................................Sea:?I... .............................................................................................. . ..... .... ......See:4!................................
Jan-20 $e?:4s....... ................m......... .............m.m.............................................................. ....Se4:ea .......................................................................Feb-20 $98.12 ............................Se4:eamm... ..M§.r::?9.Se4:~~... $99:ea,.......
...........mApr:?9 ....m..........................................................Se1:S9........................................................ . ...... .. ...................~.ae:sa..........................m....................
............iy§.Y:?9 ............................................ $84.02 ........................................................ .............m............ $77.60.........................................................................
............~LJI":?9...................................................... $88.20.................................................................................................................................................... ............S??:ss... ..........................................................
Jul-20 $ee:9!..........................m.... ....................mm.. ..............................m................................Se?:9e... ................................................................ .
AlJ9:?9 $1 04.64..m.. ..... .......... .. .Sei:!?
Sep:?9 $108.34 ..................................... ...............................SeS:9e.
...............9.çt:?9............ .......................................................ses:e.~................................ ............................................................................................................ .....~ae:!4.....
.................Nay:?9....................................................................... ...See:41 ........................mm... ................................... ..............................................~es~ee.......
.................I?ea.:?a.....................................m.......... $ee:ss....... ...m.m........... ..................................................... ...................Sea:a4.......
............~§.l".:?~.................................... ........................................ ...........Sea:1~. ...................m.......... .... .......m........ ...........mm....m.... ..Se4:e~ ........m.................... ..
Feb-21 $98.16.m... ......................................................................................................... $95.31 .............................................................
Mar-21 $95.07 ............................................................ $91.12.
.........Apr::?J. $e1.:.S4..................m.m.... .......... ...........m..................... ....Sae:4S ................m.................iy§.Y:?~...m.Sa4:99~Ie:ea.
............~lJI":?t...... ...................................................... ..............saa:s~........... .....................m..........................................m. .........Ee:e? ......................................................
.............m.~lJ.I:?J............................................................... $98:ee............................................... .............................................................................................................se?JJ ...........................
.........._......A~.9H:?1. .........................................................~.1..a.S.:..s.?......._ ...........................................H ...........................................................H.__.... $98.18 ......................................... ......................._.......
....m........Sep::?1.1~aa:4? .........................................._...__..........._ .........._._~ee.92
..................Qc;t:?1.. .........1~9a:?!.._ .................___...____.__ ...____..___._..___.._._.S92.92
.........Nay::?t.......................m....l~.9~.:5.a...... ...... .....m._... ...._........._..__m...__...._~e.e:1..a._
.................Pea:?1..............m............................ $1 00.a4......m................................__.... ......m....__...........~e?:S?
..................~.§.l":??.......................................see. as..........m........................... ....... m..... .........m.........._ .m.............s.e?:e!... ... .................................. ........ .... ............
..................Fe~:??................................................................................................ ~ee:.1..~..........m.mmm.............................................. $96.87
M§.r:??._........ $96:.1a.....m..........m....... ...............m....................... ..................se~:?~
APr:??m..se~:?? . ....... ......... .. . ..................... ..................._ $87.00.m....
.................iy§.y:?? ....................................._ ....... ..sas:.!9............_._.._m__..____ ..___..m_ Ea:!S....
..................~.lJl":??........m_m.............. $89.3am.........._._____._..... .........._........m. ~?e:se. .................................
....................~.lJ.I:??............... .................................................m._._See.:e3__._____ ..........................__.._............. .. .... ........se.1:ss....
................AlJ9:?? ..............................................mm_ .........1~ae:a9................................................ ..............................................................................................................~ee:44 .....................................
.................sep::?? ................m......l~.9e:Se........................................._......... . ....................................................... $e?:5.J........ ............m.............._...........
..........Qc;t:??_ $97:9.1................................................._............... ......................................... ..............._. .Sae:~2
Nay:??.. mm..l~9?:~?m.__.. ...See:4a .. ........ ........................................................Dec-22 00.56 00.15
................~§.l":?~....._................ .................._..._ $1 0~.:9S.....__............. .... ....m....._ ...................................m_...l~a?:~a....... ......... ...................~~n ~M Wil
~§.E::?~..........._ .............._ .m....m_._Se.9.96 ..................___._.____. ....__..............__.ses:.s~._.............. ....... .................................................
..................Apr::?~_... ......._ $eS:a4....__._..... ..............____ ....~e?J~
.................iy§.y:?.~ ............................................_ $89.9.~..... .....................m................ .....m..............Sa9:~?....
m~lJI":??se?:ae.....m.. . ......... . .................................................. ~a4:9?
................... ~lJI:.??__ $1 04:S?..... ..... .m... m..seaJ~.. ... ........
AlJ9::?~m..._.11J1:~a....m.. . ... .... .......................................l~a?:a?
Sep-23mm_ $118:9a... ............_.. 1~9?J4 ........................................_................
Qc;t:?~..........................................__ $1 03:?S. ............... .................................................. ........................................................ses:a?...... . ....... ..............................................Nov-23 07.72 03.73
............gea:?~......._... ................................... ..........................S1a4:Se..........................................................._. ................mm_.......l~9?:?e ............................................................._..............Jan-24 04.45 03.76Feb-24 05.35 02.61
............iy§.r::?4...........................mm_ $1 01.02 ..............................m...........................m................................ ...se?:e?............ ............................................. ..
Apr:?4... $96.05...m.._.m. ........... .......Se9:!.~ ..............._
iy§.y:?4...S9.9:9?mm.... ............................................................. ..m...... ..._m $81 .98 ..... ........_.
............~lJ1":?4.......................................................... ..............................se~:?s...................._ ..............................................._....... . ... ......sa~:es....... ......._...............
............~lJl:?4.........m ... .... ..._ .............................1~9S:.46 .............................................................. ........m. ..mm...__ ............sea:?t?............ . . ............_
................AlJ.9:?4 ....................................._....... $113.61............................................................_ ...........__......... .....s~a~:.?t?__._............Sep:?4 $1 ?1:9~._____......_119~:ee ... ..___..
Oct-24 $107.59 .............................................................__ ....119a:aa. ....__.mNov-24 08.70 03.31Dec-24 06.63 03.58Jan-25 06.30 06.43
Feb-25 07.05 03.56
M§.r::?S..................m.... .m....................... $102.83................................................._ ............................................ $9S.09 ...............................................
Apr-25 .........................................................................................See.:1.a.....m......_ ..................m_..._ ......................................... ............................. $93.24 ........................................._._
.................iy.?Iy::?Sm........_...... $91.53 ..................................m......................................m.......................................sas:S? ........................m......._........_.........
........~lJI":?S ....mm............................................................. $ee:95 .._...__......... $86.2a................ .m..................Jul-25 08.42 00.49
.AlJ9::?S.m... $115.28.._..__ ......................................... $107.72.....
.................sep::?s_. ......................_....... . $12~:S?........................_._ ....................................... ...........................................................i~as:!s ........................................m.._......._.Oct-25 $1 06.35.m.. . $99.11m.........._..Nov-25 11.16 04.77
................(?e~:?S_. ....................................................................................S~..9e:~a............_. ..m....................................................................... $1 07 ~as............................................................Jan-26 07.60 07.30Fe~::?e....sJaa:!?.._....S~94:!Sm_....
iy§.r:?e.m... $1 04 :;39 .._.. ..... ............ .m_.. ..........see:!?_
.......Apr.::?e ....................................................se.9:e?......................................... ............................................ ..............Se4ß.~........................................_ m..._.........
.................iy§.y:?a .....................................................mm.$e?:.~e......_... ......................................._ ..............................................................................sasßs........ ...............m....._.......m
..................~..LI.I".::?em.__ ..................m...m..........................sea:J?............................................................. . $87.11 ..... ......... ..........................Jul-26 08.83 00.79
............AlJ9::?e ..................._ ..........................1~JS:e?... $1 06:eS....................................................._.... .
Sep::?e. $1?~JS.mm.... $106.54_
............Q~t::?6................................_ ......................._ $106.27 ................................................... .....m.m................. ...........See:.!4...Nov-26 11.60 05.54Dec-26 10.38 07.61Jan-27 09.46 07.25Feb-27 09.23 07.83
Mar-27 $105.44 ............................................m....119?:as_.
............Apr:?! .................................................. $19a:!a..................................................................... ...........................................................$95.02
.................iy§.y::?! ..............................................................................................se~:es........... ...................................... ..........................................................................................sae:ea ....................................................m_.........Jun-27 $98.81m...._..sae:a~_m.. ..
.~lJI::?L. $1 aa:e?_ .................................................... ... $1 O?: 17
...............AlJ9::?!..... $ ~..~.?:S?..................................._..... ........................................ ..............S~.9e:a4 ..................._............
.................Sep::?! $125.83 ................................................................................ .............................................................m..l1..ae.:ee................................
Q~t:?!.. $1~J:.~a...m..... $105.37... .Nov-27 15.59 06.56Dec-27 10.91 09.03Jan-28 10.99 10.79
Fe~::?a.S~J9.21 ........................ ..... ..m.m..... $108.04..........
.................iy§.r::?a...m.......................... $106..aL..................................................................................................................._........ $103.12................. ._.............
................Apr:?a .................................. $~9?.:Ja.m........... .......................................... ...................................................... $95.59.................................. ...............................
m....M§.y::?a.m $ee:.~?................ ......................_......... ........................................................Saa:a?....................... .Jun-28 $99.50 $91.65
Jul-28 12.30 04.78
A~9=?e_l1??:~e........m.. . . . ..............._.11J9:a9
Sep-28 ................................................._._._ $1?4:4?.........._........ .. ...._..m.__.___....l~Qe:..1?.....
Q~t::?a ...... .............. ._._._._. $109.99 .....___.__..__.__._. m._______ S~Q?:?~.__._Nov-28 16.91 09.02
......Pea:?a.........m............___. ..S1_11 .88 ....................................._.._..___.__11J9:~Z.......Jan-29 13.37 13.38
.............Fe~=?~..............................................................._mm_ ....l~J.?..et...................mm._.____._.....__.___.. .. ......1~Qa:aSMar-29 09.09 04.07
...Apr:?e_ $103.89 ........................................sea:Ze
.iyay:?e..see:~!m.. ........................................ . . ..... .... ..Se~:1eJun-29 01.62 .81Jul-29 13.99 05.02
AlJ9::?e._..m.. $123.61_.. ..... ............._.....S1J~:?~
.................sep::?e ..........................................................................Sge:?_8....................___.._...___...__ ..........................._.._................_._l~..9e:ae ....................................._.......Oct-29 10.30 03.95Nov-29 15.49 08.17Dec-29 15.35 13.02Jan-30 15.85 15.87
.................fe~::~9..........................................mm...................._........$115.07._. ..........................._.... .....................................................s.~J.1JeMar-30 11.44 06.27
.Apr::~9_ $106.09 _____________..____ .. .sea:!!_..
..............iy§.y:~9........ $98.34....................... .............._ ................m............ ..Se~:9a......
.m...~lJI".:~.9.. ......................................................... ..........................l1..9~:TS . ... ..... ..................se~:es.........Jul-30 16.49 07.25
..............AlJ9::~9 ................................................. ................................l1?e:49 ......................__. ........................................................ ....111S.:.?Q....... . ........mm.......................
Sep-30.m.m....................................._ ...............................l~?eJS.............................................................. ............................................................................. ........l~.1?:.Q!.......Oct-30 12.69 06.15Nov-30 18.04 10.50Dec-30 17.89 15.49Jan-31 18.40 18.42
.Fe~=~J._.ll1 ?:a9....._.... ..._.. ......................................$113.61Mar-31 13.86 08.54
.....m........Apr::~J ...........__ .........s~Qa:~s........_..._ ..m_...._.. .... ..................................... $~.99&~._..... .... . ....._............
....iy§.y::~J ...... . . ......... m_.__._ $1 00 .38.m_m.. .....................................Se4:a?
..................~lJI"::~~... ..........................m_m............_ $105.95......................................._... .....SeS:.S4............Jul-31 19.06 09.55
................AlJ9::~1.............. ...........m.m_.__.._............. $129:?!.............. .................................................... .............._._.........ml1Ja:?l?..._ .................m.__.........
Sep-31............................._... ............._..........S1~?: 1J..._...................m............. ................................................SJ1.4ß~........ ..._......... . .Oct-31 15.15 08.41Nov-31 20.66 12.89
Dec-31 20.51 18.03
..................~§.l":??..................................m.............. $120.99 .......................................................... ......................................................... $121.aO..m...................................................._...Feb-32 20.16 16.05Mar-32 16.31 10.82
.......Apr::~? .........m........ ................l~.~.a..:a~ ...................................... .....m......_......m.... ......1~a?:eT .m...m..............
.............iy§.y::~? .....................................m............. ... $1 O?:4?....................................... ....................m. .................................................. ..............see:!.s..............................
.........~.lJl":?? ......................................................... $1 08 .1S.....................................................mm...... .......m..... ................Se!.:4~........
....~.lJ.I:~?.............................................................. ..........11?J:e.? ............................................................................. .......................m.................l~~J&? .........................................................
AlJ9=~? ................ $132.1a.............................m.. .................m...l~?a:.e~.......msep.=~?.l~?SJg.m..m $116.97......._.Oct-32 17.63 10.69Nov-32 23.31 15.31Dec-32 23.15 20.60
............~al":?~....m..... ..............m.................. .......S.1?~:.!S.._..... ..................................... .............................. $1?3.77.................m.m...m..Feb-33 22.90 18.66Mar-33 18.93 13.28
...............Apr:~~ .............................................................................................s~J~:aa....... ....................m...................S19S.:.aam...m.............
iy§.y:~.~........ $104.62 ..................m...................... .....m.m......................~.ee:!a ................................Jun-33 $110.~~. ...............~e~:4e.._
Jul-33 $124:4S.. .......................................$11:4.36...
.................AlJ9::~~ .................................... ...................s.~.~s:?a. $123.59............................................
m..seP::~~mm. $138.?e....... ......m . ............. ...1~Je:a~ ... . .........Oct-33 20.29 13.14Nov-33 26.14 17.90Dec-33 25.98 23.35
.................~§.1":?4........................................................... $126.54 .................m....................m.....m. . $126.56............................... .............................Feb-34 25.66 21.30Mar-34 21.57 15.75
Apr::~4 .1~~?:SS. ................................ . . ....................................mm..11a7.32iy§.y::~4.S~9e:e4....S~aa:e?
J u n-34 $1..~..?:e?.................................... ..mm.......................................l~aJ:SS.m.............
...................~lJl:~4......... ................................................... $12?:?a. ............................................................................. ................................1~Je:ee... ....................
..m.m..AlJ9::~4 $138:4t.......................................m.......... ....................................................................l~?e:~a ............................................ ....
Sep=~4 $141.~t.m.. ........................................l~??:?a.. ...................Oct-34 22.98 15.62
.................Nay::~4........ ...................m.m ..................... $129 .aa......... ................... .... .................... ..mm..m........... ...........1~?a:.S~..........m........................................Dec-34 28.83 26.13Jan-35 29.41 29.43Feb-35 28.51 24.02Mar-35 24.30 18.31
Apr-3511Je.10... ............................................................................... ....... .............. ... ........1~9e.:a1........m
iyaY::~S.m. $1 09.12......
~lJI":~s............m....................l~J..S.:~e................_.. .. ..m.m ......Jul-35 $130.1S...
..............AlJg.:~.s ................. ...........................................S~41..:a4.............................. ................................._................
..............sep:~s.... ....... ................ ...........S~..44:e4........................ .............................................................Oct-35 25.75Nov-35 31.95Dec-35 31.78Jan-36 32.32
Feb-36 31.39Mar-36 27.06Apr-36mm.lt?9:eZ.
iy§.y::~a.m. $111.42
~lJI":~e...S.~.1Z:.eaJul-36 $133.09............................................~...... .................. .......... ............- .................,.....................-
................AlJ9::~e .....................1~44.:.e?.................................................. ..................... ................................................Sep-36......... $148.21.. .............m.m.
Oct-36 28.55Nov-36 34.94Dec-36 34.76
.........................S19?:.e~. ..... ... ........................m..
......1~9~J?a
$119.45.............................................................
$129.25
$12S:a~............
18.16
23.21
28.99
32.34
26.76
20.88
.....................................................................................m.............S~..11:~~
.. .. ..............s~ 05.04
.....................................................119S:a.~.
.............................s~??:aa
$132.15......................................
.Sl?!&~ ......m..
20.74
25.93
31.89