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HomeMy WebLinkAbout20111230Correction.pdfDONOVAN E. WALKER Lead Counsel dwalker(iidahopower.com 1SIDA~POR~ An IDACORP Company December 29, 2011 VIA HAND DELIVERY Jean D. Jewell, Secretary Idaho Public Utilties Commission 472 West Washington Street Boise, Idaho 83702 Re: Case No. IPC-E-11-27 IN THE MATTER OF THE APPLICATION OF IDAHO POWER COMPANY FOR A DETERMINATION REGARDING ITS FIRM ENERGY SALES AGREEMENTWITH RIVERSIDE INVESTMENTS, LLC Dear Ms. Jewell: Enclosed please find a replacement page 1 to the Firm Energy Sales Agreement filed as Attachment No. 1 to Idaho Power Company's Application in the above- referenced matter. This replacement page has the appropriate date of December 1, 2011, filled in as the date the agreement was entered into. Unfortunately, the agreement submitted with the Application inadvertently left the date blank. Thank you for your attention to this minor correction. I apologize for any inconvenience this may cause. Very r-ur..s,~ý; Donovan E. Walker DEW:csb Enclosure cc: Dennis Daugherty (w/encl.) 1221 W. Idaho St. (83702) P.O. Box 70 Boise, ID 83707 FIR ENERGY SALES AGREEMENT (lO aM or Less) Project Name: Fargo Drop Hydroelectnc Project l'unber: 21615215 THIS AGREEME, entered into on ths I !I day of DeCtk, 2011 betwee RIRSIDE mvSTMEl'TS, LLC (Seller), and IDAHO POWER COMPA1, an Idaho corporation (Idaho Power), hereinaer sometimes referred to collectively as "Partes" or individually as "Par." WITISSETH: WHEREAS, Seller will design, constrct, own, maintain and operate an electc generation facility and WHERES, Seller wishes to sell, and Idao Power is willing to purchae, fi electnc ener produced by the Seller's Facilty. THEREFORE, In considertion of the mutual covenants and agreements herinafter set fort, the Pares agre as follows: ARTICLE I: DEFmITIOl'S As used in this Agrement and the appendices attached hereto, the following tens shall have the followig meanings: 1.1 "Base Energy" - Monthy Net Energy less any Surplus Energy as calculated in paragraph 1.32. 1.2 "Commssion" - The Idaho Public Utilties Commission. 1.3 "Contract Year" - The period commencing each calendar year on the same calenda date as the Operation Date and endig 364 days thereafter. 1.4 "Delay Liquidated Damages" - Damages payable to Idaho Power as calculated in Aricle V. 1.5 "Delay Perod" - All days past the Scheduled Operation Date until the Seller's Facilty achieves the Opertion Date. - 1-