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HomeMy WebLinkAbout20140514Settlement Stipulation.pdfDONOVAN E. WALKER (!SB No. 5921) JULIA A. HILTON (lSB No. 7740) ldaho Power Company 1221West ldaho Street (83702) P.O. Box 70 Boise, ldaho 83707 Telephone: (208) 388-5104 Facsimile: (208) 388-6936 dwalker@ idahopower. com j hilton@ idahopower.com Attorneys for ldaho Power Company IN THE MATTER OF TARIFF ADVICE NO. 13-05 OF IDAHO POWER COMPANY FOR AUTHORITY TO UPDATE SCHEDULE 86. RECE 11"/E [] ?0ltr lliY lL pH t: 09 urul?ffS&i l$sroit BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION CASE NO. IPC.E.13.25 SETI'LEM ENT STI PU LATI ON This settlement stipulation ("Settlement Stipulation") is entered into between ldaho Power Company ("ldaho Power" or "Company"); ldaho Public Utilities Commission Staff ("Staff'); J.R. Simplot Company; SE Hazelton A, L.P.; Fulcrum, lnc.; BP Hydro Associates; Bypass Power Company, lnc.; Notch Butte Hydro Company lnc.; and Cassia Wind Farm, LLC referred to herein individually as a "Party" and collectively as the "Parties." The Parties agree as follows. I. INTRODUCTION 1. The terms and conditions of this Settlement Stipulation are set forth herein. The Parties agree that this Settlement Stipulation represents a fair, just, and reasonable compromise of the dispute(s) between the Parties and that this Settlement Stipulation is in the public interest. The Parties maintain that the Settlement Stipulation SETTLEMENT STIPULATION - 1 as a whole and its acceptance by the ldaho Public Utilities Commission ("Commission") represent a reasonable resolution of all issues between the Parties identified herein. Therefore, the Parties request that the Commission, in accordance with RP 274-76, approve the Settlement Stipulation and all of its terms and conditions without material change or condition. I!. BACKGROUND 2. On October 24,2013, ldaho Power filed Tariff Advice No. 13-05 with the Commission seeking authority to update is Schedule 86, by adding the words "volume" in front of "weighted average" and to replace the reference to the Dow Jones non-firm Mid-C electricity price index as reported in the Wall Street Journal with reference to the Platts non-firm Mid-C electricity price index. The Publisher of the Dow Jones and Platts indicies provided notice that as of September 13,2013, it was discontinuing publication of the Dow Jones non-firm index and transitioning to the Platts non-firm index. 3. On November 18, 2013, Staff recommended that the tariff advice be suspended and the case processed by Modified Procedure. On December 6, 2013, the Commission issued Order No. 32945, Notice of Filing and Notice of Intervention Deadline asking any interested persons to file Petitions to Intervene no later than December 20, 2013. The following parties petitioned for, and were granted, intervention: J.R. Simplot Company; SE Hazelton A, L.P.; Fulcrum, lnc.; BP Hydro Associates; Bypass Power Company, lnc.; Notch Butte Hydro Company lnc.; and Cassia Wind Farm, LLC. On February 25,2014, the Commission issued Order No. 32985, Notice of Scheduling and Notice of Technical Hearing, adopting the Parties' recommended procedural schedule which started with a Meeting to Discuss Settlement scheduled for March 4,2014 SETTLEMENT STIPULATION - 2 4. The Parties met on March 4, 2014, for settlement discussions and reached agreement resolving the issues in this case and between the Parties. Based upon the settlement discussions, as a compromise of the respective positions of the parties, and for other consideration as set forth below, the Parties agree to the following terms: III. TERMS OF THE SETTLEMENT STIPULATION 5. The Parties agree to amend the definition of "Avoided Energy Cost" contained in Schedule 86 to state as follows: Avoided Enerqv Cost is 82.4o/o of the monthly arithmetic average of each day's lntercontinental Exchange ("lCE") daily firm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's index prices will reflect the relative proportions of peak hours and off-peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700- 2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, lndependence Day, Labor Day, Thanksgiving Day and Christmas Day. Light Load (LL) Hours: The daily hours from hour ending 2300- 0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Day, Memorial Day, lndependence Day, Labor Day, Thanksgiving Day and Christmas Day. The actualAvoided Energy Cost calculation being: n .824 * ( I t(lCE Mid-C Peak Arg, * HL hours for day) + (!CE X=1 Mid-C Off-Peak Arg, * LL hours for day)) I (n.24)) where n = number of days in the month lf the ICE Mid-C lndex prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into the formula stated in this definition and shall therefore be muttiplied by the appropriate respective SETTLEMENT STIPULATION - 3 numbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. lf the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. lf the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. Filed as Attachment No. 1 to this Settlement Stipulation is an example of a Schedule 86 avoided cost rate calculation using one month of actual data from the ICE Mid-C daily price index. Filed as Attachment No. 2 to the Settlement Stipulation is a red-lined version of Schedule 86 showing the above-referenced change. 6. The Parties agree to amend the Firm Energy Sales Agreements ("FESA") between ldaho Power and each intervening party to reference the ICE index using the same language as, and consistent with, the Schedule 86 language agreed upon herein. Filed as Attachment No. 2 to this Settlement Stipulation are the amendments to the associated Firm Energy Sales Agreement Amendments, signed by ldaho Power and the relevant intervening party, required to effectuate this change to the power sales agreements. The Parties jointly recommend approval of each of these contract amendments as part of this Settlement Stipulation. 7. The Parties jointly recommend to the Commission that it allow any existing PURPA qualifying facility ("QF") that currently has a contract with ldaho Power containing reference to the Dow Jones non-firm Mid-C electricity price index to amend their respective FESAs consistent with the terms agreed to in this Settlement Stipulation and similar to the contract amendments submitted for approval herewith between ldaho Power and the intervening parties, should they choose to do so. SETTLEMENT STIPULATION - 4 8. The Parties agree that this Settlement Stipulation represents a compromise of the positions of the Parties in this case. Except to the extent necessary for a Party to explain before the Commission its own statements and positions with respect to the Settlement Stipulation, all statements made and positions taken in negotiations relating to this Settlement Stipulation are confidential and will not be admissible in evidence in this or any other proceeding. 9. The Parties submit this Settlement Stipulation to the Commission and recommend approval in its entirety pursuant to RP 274-76. The Parties shall support this Settlement Stipulation before the Commission and shall not appeal a Commission order approving the Settlement Stipulation or an issue resolved by the Settlement Stipulation. lf this Settlement Stipulation is challenged by anyone who is not a Party, then each Party reserves the right to file testimony, cross-examine witnesses, and put on such case as they deem appropriate to respond fully to the issues presented, including the right to raise issues that are incorporated in the settlements embodied in this Settlement Stipulation. Notwithstanding this reservation of rights, the Parties agree that they will continue to support the Commission's adoption of the terms of this Settlement Stipulation. 10. lf the Commission or any reviewing body on appeal rejects any part or all of this Settlement Stipulation or imposes any additional material conditions on approval of this Settlement Stipulation, then each Party reserves the right, upon written notice to the Commission and the other Party to this proceeding within fourteen (14) days of the date of such action by the Commission, to withdraw from this Settlement Stipulation. ln such case, no Party shall be bound or prejudiced by the terms of this Settlement Stipulation and each Party shall be entitled to seek reconsideration of the Commission's SETTLEMENT STIPULATION - 5 order, file testimony as it chooses, cross-examine witnesses, and do all other things necessary to put on such case as it deems appropriate. ln such case, the Parties immediately will request the prompt reconvening of a prehearing conference for purposes of establishing a procedural schedule for the completion of IPUC Case No. IPC-E-13-25, and the Parties agree to cooperate in development of a schedule that concludes the proceeding on the earliest possible date, taking into account the needs of the Parties in participating in hearings and preparing briefs. 11. The Parties agree that this Settlement Stipulation is in the public interest and that all of its terms and conditions are fair, just, and reasonable. 12. No Party shall be bound, benefited, or prejudiced by any position asserted in the negotiation of this Settlement Stipulation, except to the extent expressly stated herein, nor shall this Settlement Stipulation be construed as a waiver of rights unless such rights are expressly waived herein. Except as otherwise expressly provided for herein, execution of this Settlement Stipulation shall not be deemed to constitute an acknowledgment by any Party of the validity or invalidity of any particular method, theory, or principle of regulation or cost recovery. No Party shall be deemed to have agreed that any method, theory, or principle of regulation or cost recovery employed in arriving at this Settlement Stipulation is appropriate for resolving any issues in any other proceeding in the future. No findings of fact or conclusions of law other than those stated herein shall be deemed to be implicit in this Settlement Stipulation. This Settlement Stipulation sets forth the complete understanding of the Parties, and this Settlement Stipulation includes no other promises, understandings, representations, arrangements or agreements pertaining to the subject matter of this Settlement Stipulation, or any other subject matter, not expressly contained herein. SETTLEMENT STIPULATION - 6 13. The obligations of the Parties are subject to the Commission's approval of this Settlement Stipulation in accordance with its terms and conditions and upon such approval being upheld on appeal, if any, by a court of competent jurisdiction. All terms and conditions of this Settlement Stipulation are subject to approval by the Commission, and only after such approval, without material change or modification, has been received shall the Settlement Stipulation be valid. 14. This Settlement Stipulation may be executed in counterparts and each signed counterpart shall constitute an original document. DArED mis*t\ day of /'Ylt-/ 2014.T J.R. Simplot Company Attorney for SE Hazelton A, L.P.; Fulcrum, lnc.; BP Hydro Associates; Bypass Power Company, Inc.; Notch Butte Hydro Company lnc. SETTLEMENT STIPULATION - 7 Commission Staff Cassia Wind Farm, LLC Attorney for ldaho Power Company.Attorney for IPUC Staff Grte&orv trdl. Adams Attorney for J.R. Simplot Company.Attorney for Cassia Wind Farm, LLC CERTIFICATE OF SERVICE I HEREBY CERTIFY that on the 14th day of May 2014 I served a true and correct copy of the SETTLEMENT STIPULATION upon the following named parties by the method indicated below, and addressed to the following: Commission Staff Kristine A. Sasser Deputy Attomey General ldaho Public Utilities Commission 472 West Washington (83702) P.O. Box 83720 Boise, ldaho 83720-007 4 J. R. Simplot Company; Gassia Wind Farm, LLC; SE Hazelton A, L.P.; Fulcrum, lnc.; BP Hydro Associates; Bypass Power Company, lnc.; and Notch Butte Hydro Gompany, lnc. Peter J. Richardson Gregory M. Adams RICHARDSON ADAMS, PLLC 515 North 27th Street Boise, ldaho 83702 J. R. Simplot Company Don Sturtevant J. R. Simplot Company P.O. Box27 Boise, ldaho 83707 -0027 Cassia Wind Farm, LLC PaulAckerman Assistant General Counsel Exelon Business Services Company, LLC 100 Constellation Way Baltimore, Maryland 21202 Hand Delivered U.S. Mail Overnight Mail FAX Email kris.sasser@puc.idaho.oov Hand Delivered U.S. Mail Overnight Mail FAXX Email oeter@ richard sonad a ms. com q req@ richardsonadams. com Hand Delivered U.S. Mail ,Overnight Mail FAX Email don.sturtevant@simplot.com Hand Delivered U.S. Mail Overnight Mail FAXX Email paul.ackerman@constellation.com SETTLEMENT STIPULATION - 8 SE Hazelton A, L.P.; Fulcrum, lnc.; BP Hydro Associates; Bypass Power Company, lnc.; and Notch Butte Hydro Company, Inc. Megan Beauregard Associate General Counsel Enel Green Power North America, lnc. One Tech Drive, Suite 220 Andover, Massachusetts 01 81 0 Hand Delivered U.S. Mail Overnight Mail FAX Email Megan.Beauregard@enel.com Christa Bearry, Legal SETTLEMENT STIPULATION - 9 BEFORE THE IDAHO PUBLIC UTTLITI'E$ COMMISSION CASE NO. I,PG-E-73-25 IDAHO POWER..Go,MP{NY ATTACHMENT NO. 1 Sample Monthly Calculation Data ICE Mld C lhilv AYr Prlcc l$/MWhl Pea.k OfFPeak la)rbl tltltt,A u2l2f}t4 usl2or4 u4l2OUt asl2fi',4 u6/2',6,4 utl2!0.t4 u8l2o.r4 asl2ct4 a,olaaLfi a$l2oL1 axzl2OL4 urilaoL4 ut4l2OL4 v,f.l2ot4 a$fiout uL7/2:OL4 $4s.04 $42.76 $42.76 $s1.14 $4/f.65 $40.14 $3sn8 $32.e0 $s2.eo $34_45 $41.18 $4054 $4O51 $4O.s1 $38.24 s3$.82 $3932 $41s8 $42.66 ${6.10 $46.10 94s.31 $44-86 $38 64 $3S.6E s38 6A $42.75 $42.7s $se.64 $s9.64 $4831 $4831 $ll.s8 $s?37 $31.2s $2e.e7 $29.97 $s2.12 $3212 $37.07 $s8.62 $58.O7 s38.07 $37.51 $37.61 $37.s3 $37.53 $3s.82 $40.78 $4330 $43.30 ${s.so $4s-so $43.22 $s7r5 $s5sl s35.91 aurfiot4 a2olznt4g2!*14 42,z0,',4 {atl?{J/yt uz.4l20L4 uzslz0t1 g26ftuL4 r12il20t4 u29l2AL4 uiily2o14ilttlaotq liouns PGrt Off-Peal Total lcl ldt lel lc+d) 0 16 16 16 0 l6 15 16 16 16 16 0 16 16 15 15 t6 16 0 16 16 16 16 15 15 0 16 16 16 16 16 14 I I B 24 II I I I I 24 I I B I 8 I 21 B II I E 8 21 B I I B I 24 24 24 24 24 24 24 24 24 2,4 24 Itt 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 24 Totrl Hours l4tL Total Fdce I$l Peak Off{eak fotd tfl lEl lhl laxcl (bxdl lf +rl $o.0o $720.60 $58417 $684.17 $o.00 $818.3O $714-48 $642,24 $s61.28 $526.41 $s25.41 $o.Eo $ss126 $5s8A9 $64856 $648.r0 $648.20 $611.8s $o.m $63712 s63712 $671-7s $682-50 $737.sS $737.5e $o_0o $72s_O1 $?Lt-tt $618.18 $618.80 s618.80 $1,025.95 $s41.S8 $317.12 $u.12 $1,1s9.44 $s86.48 $3s2.63 $2e8.s8 $2s0.01 $239.75 s239.75 $770.86 $256.es $296.s8 $308.97 $304.sd $3r,4.s4 $30o.s6 $902.58 $300.23 s300-23 $s18-s7 $326.2s $346.42 $345.4e $1,044.09 $348.0s $3/85-72 $2e7.30 $287.31 s287.31 s1,025.95 $1p62.s8 $1,00ffi0 $10013[} $1.1s9-44 $I"20d-78 $1,047.11 $e4r.22 $811.29 $766.16 $765.16 $770.86 $80821 $ess.47 $9s7.s4 $952.74 $ss2.74 $e12.7r $e02s8 $e3734 $937-34 $es032 $r,0o8.84 $1,084.00 $1.084.00 $1,044-09 $1,073.04 $1,063-49 $e1s.49 $e05.11 sqrE 1t Iotal Pricc 9xr.95030 ilondilv Aucrre. TffiI lhl / Tohl ld $o:e AuoHcd Erew Gqit - itrontftlv Averasc x tE4t6 s33J' Purdres Pdce tS/MWhl = Arrolded Eiersv Cost x 8515 $2&il {00135738.DOCX; 1} lntercontinentalExchangerM undertaken by PrtcewaterhouseCoopers LLP close Bogin Date Dec 31, 2013 Jan2,2014 lan3,2014 lan6,2014 lan7,2014 Jan 8, 2014 lan9,2014 Jan 10,2014 lan 13,2014 Jan 14,2014 Jan I5,2014 Jan16,2014 Jan 18,2014 Ian20,2014 lan22,2014 lan23,2014 lan24,2014 Jcn27,2014 Jan28,2014 Jan29,2014 Jan 30, 2014 Feb 1,2014 Feb 3, 2014 Avg Chg 41.27 4.7r 45.04 3.77 42.76 -2.28 51.14 8.38 44.6s -6.49 40.14 -4.51 35.08 -5.06 32.90 -2-18 34.45 r.s5 41.18 6.73 40.s4 -.64 40.s 1 -.03 38.24 -2.27 39.82 1.58 41.98 2.16 42.66 .68 46.10 3.44 45.31 -.79 44.86 -.45 38.64 -6.22 38.68 .04 49.52 t0.84 62.79 1327 Yol (MWrr) 38,000 48,400 84,800 36,800 36,800 41200 49,200 t20,000 58,000 33,200 47,200 70,400 51,200 104,800 32400 32,800 95,200 24,000 21200 58,000 64,000 52,E00 58,000 Page 3 of3 # Deals upaftres 87 20 t20 22 9'.1 20 91 20 91 18 103 22 ll5 24 t4s 25 t42 23 82 21 1t0 20 85 2t 122 22 130 20 81 24 80 2r ll8 23 59 l8 53 15 140 25 80 2l 131 24 142 24 Trade Date Mid C Peak Dec 30,2013 Dec 31, 2013 Jan2,2Al4 Jan 3,2014 Jan 6,2014 Jan7,2014 Jan 8,2014 lan9,2014 Jan 10,2014 Jan 13,2014 Jan 14,2014 Jan 15,2014 Jan 16,2014 Janl7,2014 Jan2l,2Al4 Jan22,2014 Jan23,2014 Ian24,2014 Jan27,2014 Jan 28, 2014 lan29,Z0l4 Jan 30,2014 Jan 31,2014 End Date High ffir"' 4z'zs Jan2,2014 45.75 Ian4,2014 43.25 Jan 6,2014 54.00 Im7,2014 46.75 Jan 8,2014 41.00 Jan9,2014 36.00 Jan I l, 2014 3450 Jan 13, 2014 36.00 Jan 14,2014 42.00 Jan 15,2014 42.N Jan 17,2014 42.00 Jan 18,2014 39.00 Ian2l,20l4 40.?5 Jm22,2014 42.75 Jan23,2014 44.00 Jan 25, 2014 47.25 Im27,2Al4 45.75 Jan 28, 2014 45.50 Jan29,2014 41.00 Jan 31,2014 42.00 Feb l,2014 53.00 Feb 3,2014 74.00 Low 40.25 43.00 42.05 44.50 43.50 39.50 34.50 32.50 34.00 37.75 38.50 36.50 37.75 39.25 41.50 42.00 44.75 45.00 44.00 35.50 38.00 47.00 53.00 https ://www, theice. corn/marketdata/indicesipowerRe sults. do 4l9l2AA IntercontinentalExchangeru undertaken by hicewderhouseCoopers LLP close Trade Date Begin Date End Date High Mid C Off-Peak Avg Chg 36.49 -s.59 Page 3 of3 # Deals cpJrri"" Vol (Mwrr) 10,000 56,800 37240 84,800 21,200 24,600 31,000 38,000 70,400 22A00 26,600 54,800 80,000 38,800 13200 16,600 s6300 M,900 15,400 26,240 40,800 15200 59,200 Dec 30,2013 Dec 31, 2013 lan2,2014 Ian3,2014 Jan 6,2014 Jan7,2014 Jan 8, 2014 lan9,2014 Jan 10,2014 Jan 13,2014 Jan 14,2014 Jan 15,2014 Jan 16,2014 Jan 17,2014 Jwr2l,2014 Jan22,2014 Jm23,2014 Jan24,2Al4 Jut27,2014 Jan28,2014 Ian29,2014 Jan 30,2014 Jan 31,2014 Dec 31, Dec 31,2013 20t3 38.00 Low 35.00 42.50 38.00 44.25 40.75 36.25 29.75 29.00 30.00 34.35 36.50 36.55 36.75 36.75 39.25 40.25 41.25 42.50 42.25 34.7s 35.2s 45.00 53.00 6.26 -3.1I 8.67 -6.73 4.2t -6.12 -t.28 2.15 4.95 1.55 -.55 -.46 -.0E 2.29 .96 2.52 .20 -.28 -6.06 -1.25 t2.t5 7.17 49 68 9l 102 99 120 134 88 83 t02 132 r28 100 9s 64 79 r35 104 & 123 96 75 72 l8 l9 20 22 2t 2l 22 23 20 20 21 2t l8 15 t7 t't 2l l8 t7 2t 20 20 l9 IanL2Al4 hn2,2074 43.50 Jan3,20l4 lm4,20l4 41.50 Ian5,2074 Jan6,2014 49.75 Jat7,20l4 Jan7,20l4 42.25 Jan 8,2014 Jan 8,2014 38.25 Jan 9,2014 1an9,2014 32.00 Jan 10, 2014 Jan I l, 2014 30.50 Jan 12,2A14 Jan13,2014 32.75 Jan 14,2014 Jan 14,2014 37.95 Jan 15,2014 lm 15,2014 41.00 Jan 16,2014 lanl7,2014 39.00 Jan 18,2014 Jan 19,2014 38,50 Jan 20, 2014 ln2l,20l4 38.50 1an22,2014 Jan 22,2014 40.25 Jao. 23, 2014 Jwr 23, 2014 41.50 lan 24, 2014 Ian 25, 2014 4.50 Ian 26, 2014 1m27,2014 45.00 Jan 28,2014 Jan 28,2014 45,00 Jan29,2014 Jan 29,2014 45.00 Jan 30, 2014 lan3l, 2014 39.00 Feb 1,2014 Feb 1,2014 51.00 Feh2,20l4 Feb3,2014 59.00 42.7s 39.64 48.31 41.58 37.37 3t.2s 29.97 32.t2 37.07 38.62 38.07 37.6t 37.53 39.82 40.78 43.30 43.50 43.22 37.16 35.9r 48.06 55.23 https ://www.theice. com/marketdata/indices/powerResults. do 419t20t4 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION cA$E NO. IPC-E-13;,-25 ATTACHMENT NO.2 ldaho Power Company !.P.U.C. No. 29. Tariff No. 101 Orioinal Sheet No. 86-1 SCHEDULE 86 COGENERATION AND SMALL POWER PRODUCTION NON-FIRM ENERGY AVAILABILITY Service under this schedule is available throughout the Company's service territory within the State of ldaho. APPLICABILITY Service under this schedule is applicable to any Seller that: 1. Owns or operates a Qualifying Facility with a nameplate capacity rating of less than 10 MW and desires to sell Energy generated by the Qualifying Facility to the Company on a non-firm, if, as, and when available basis; 2. Meets all applicable requirements of the Company's Schedule 72 and the Generation lnterconnection Process. DEFINIT!ONS Avoided Enerov Cost is 82.4% of the monthlv arithmetic averaqe of each dav's lntercontinental Exchanoe ("lCE") dailv firm Mid-C Peak Avq and Mid-C Oft-Peak Avq index prices.-{ho-+eighted Mid C lndex) priees fer nenfirm energiy published i+the Wall Street JeunC, Each dav's index prices will reflect the relative oroportions of peak hours and off-peak hours in the month as follows: Heaw Load (HL) Hours: The dailv hours from hour endinq 0700-2200 Mountain Time. (16 hours) excludrnq all hours on all Sundavs. New Years Dav. Memorial Dav. lndependence Dav. Labor Dav. Thanksqivino Dav and Christmas Dav. Liqht Load (LL) Hours: The dailv hours from hour endinq 2300-0600 Mountain Time (8 hours). plus all other hours on all Sundavs. New Years Dav. Memorial Dav. Independence Dav. Labor Day. Thanksqivinq Dav and Christmas Day. The actual Avoided Enerov Cost calculation beino: n .824 * ( s {(lCE Mid-C Peak Avox * HL hours for dav) + (lCE X=1 Mid-C Off-Peak Avq^ * LL hours for dav)) / (n*24)) where n = number of davs in the month lf the Dew Jenes Mid G tndex priees are net reperted fer a partieutar day er days, the arrerage ef thei* lf the ICE Mid-C lndex prices are not reported for a particular dav or davs. prices derived from the respective averaqes of HL and LL prices for the immediatelv precedino and followinq reportino oeriods or davs shall be substituted into the formula stated in this definition and shall therefore be multiolied bv the aopropriate respective numbers of IDAHO lssued per Order No. 30508 Effective - March 1, 2008 lssued by IDAHO POWER COMPANY John R. Gale, Vice President, Regulatory Affairs 1221West ldaho Street, Boise, ldaho ldaho Power Company |.P.U.C. No. 29. Tariff No. 101 Oriqinal Sheet No. 86-1 HL and LL Hours for such particular dav or davs with the result that each hour in such month shall have a related price in such formula. lf the dav for which prices are not reoorted has in it onlv LL Hours (for example a Sundav). the resoective averaoes shall use onlv prices reported for LL hours in the immediatelv precedino and followino reportinq oeriods or davs. lf the dav for which prices are not reported is a Saturdav or Mondav or is adiacent on the calendar to a holidav. the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reportino periods or davs for which HL prices are reported. Desionated Dispatch Facilitv is the Company's Boise Bench Dispatch Center. Enerov means the non-firm electric energy, expressed in kWh, generated by the Qualifoing Facility and delivered by the Seller to the Company in accordance with the conditions of this schedule. Energy is measured net of Losses and Station Use. Generation Facility means equipment used to produce electric energy at a specific physical location, which meets the requirements to be a Qualifying Facility. Generation lnterconnection Process is the Company's generation interconnection application and engineering review process developed to ensure a safe and reliable generation interconnection. lnterconnection Facilities are all facilities reasonably required by Prudent Electrical Practices and the National Electric Safety Code to interconnect and safely deliver Energy from the Qualifying Facility to the Company's system, including, but not limited to, connection, transformation, switching, metering, relaying, communications, disconnection, and safety equipment. Losses are the loss of electric energy occurring as a result of the transformation and transmission of electric energy from the Qualifying Facility to the Point of Delivery. IDAHO lssued by IDAHO POWER COMPANY lssued per Order No. 30508 John R. Gale, Vice President, Regulatory Affairs Effective - March 1, 2008 1221 West ldaho Street, Boise, ldaho ldaho Power Company |.P.U.C. No. 29. Tariff No. 101 Orioinal Sheet No. 86-2 SCHEDULE 86 COGENERATION AND SMALL POWER PRODUCTION NON-FIRM ENERGY (Continued) DEFINITIONS (Continued) Point of Deliverv is the location where the Company's and the Seller's electrical facilities are inter- connected. Prudent Electrical Practices are those practices, methods and equipment that are commonly used in prudent electrical engineering and operations to operate electric equipment lawfully and with safety, dependability, efficiency and economy. PURPA means the Public Utility Regulatory Policies Act of 1978. Qualifvino Facilitv is a cogeneration facility or a small power production facility which meets the PURPA criteria for qualification set forth in Subpart B of Part 292, Subchapter K, Chapter l, Title 18, of the Code of Federal Regulations. Schedule 72 is the Company's service schedule which provides for interconnection to non-utility generation or its successor schedule(s) as approved by the Commission. Seller is any entity that owns or operates a Qualifying Facility and desires to sell Energy to the Company. Standbv Power is electrical energy or capacity supplied by the Company during an unscheduled outage of a Qualifying Facility to replace energy consumed by the seller which is ordinarily supplied by the Seller's Qualifying Facility. Station Use is electric energy used to operate the Qualifying Facility which is auxiliary to or directly related to the generation of electricity and which, but for the generation of electricity, would not be consumed by the Seller. Supplementary Power is electric energy or capacity supplied by the Company which is regularly used by a Seller in addition to the Energy and capacity which the Qualifying Facility usually supplies to the Seller. PURCHASE PRICE The Company will pay the Seller monthly, for each kWh of Energy delivered and accepted at the Point of Delivery during the preceding calendar month, an amount equal to 85 percent of the monthly Avoided Energy Cost. IDAHO lssued by IDAHO POWER COMPANY lssued per Order No. 30508 John R. Gale, Vice President, Regulatory Affairs Effective - March 1,2008 1221 West ldaho Street, Boise, ldaho ldaho Power Company LP.U.C. No. 29. Tariff No. 101 Oriqinal Sheet No. 86-3 SCHEDULE 86 COGENERATION AND SMALL POWER PRODUCTION NON-F!RM ENERGY (Continued) CONDITIONS OF PURCHASE AND SALE The conditions listed below shall apply to alltransactions under this schedule. 1. The Company shall purchase Energy from any Seller that offers to sell Energy to the Company. 2. As a condition of interconnection with the Company, the Seller shall: a. Complete and Schedule 72. b. Complete and I nterconnection Process. maintain all requirements of interconnection in accordance with maintain all requirements of the Company's Generation c. Submit proof to the Company of all insurance required by paragraph 12. d. Obtain written confirmation from the Company that all conditions to interconnection have been fulfilled prior to operation of the Generation.Facility. Such confirmation shall not be unreasonably withheld by the Company. 3. The Seller shall never deliver or attempt to deliver energy to the Company's system when the Company's system serving the Seller's Generation Facility is de-energized for any reason. 4. The Seller and the Company shall each indemnify the other, their respective officers, agents, and employees against all loss, damage, expense, and liability to third persons for injury to or death of persons or injury to property, proximately caused by the indemnifying party's construction, ownership, operation or maintenance of, or by failure of, any of such party's works or facilities used in connection with purchases under this schedule. The indemnifying party shall, on the other party's request, defend any suit asserting a claim covered by this indemnity. The indemnifying pady shall pay all costs that may be incurred by the other party in enforcing this indemnity. 5. The Company shall offer to provide Standby Power and Supplementary Power to the Seller. Charges for Supplementary and Standby Power will be in accordance with the Company's Schedule 7 as that schedule is modified from time to time by the Commission. 6. The Seller shall maintain voltage levels acceptable to the Company. 7. The Seller shall maintain at the Qualifying Facility or such other location mutually acceptable to the Company and Seller, adequate metering and related power production records, in a form and content recommended by the Company. IDAHO lssued per Order No. 30508 Effective - March 1, 2008 lssued by IDAHO POWER COMPANY John R. Gale, Vice President, Regulatory Affairs 1221 West ldaho Street, Boise, ldaho ldaho Power Company |.P.U.C. No. 29, Tariff No. 101 Oriqinal Sheet No. 86-4 SCHEDULE 86 COGENERATION AND SMALL POWER PRODUCTION NON-FIRM ENERGY (Continued) CONDITIONS OF PURCHASE AND SALE (Continued) Either the Seller or the Company after reasonable notice to the other party, shall have the right, during normal business hours, to inspect and audit any or all such metering and related power production records pertaining to the Seller's account. 8. During a period of shortage of energy on the Company's system, the Seller shall, at the Company's request and within the limits of reasonable safety requirements as determined by the Seller, use its best efforts to provide requested Energy, and shall, if necessary, delay any scheduled shutdown of the Qualifying Facility. 9. The Company and the Seller shall maintain appropriate operating communications through the Designated Dispatch Facility. 10. The Company shall not be obligated to accept, and the Company may require the Seller to curtail, interrupt or reduce deliveries of Energy if the Company, consistent with Prudent Electrical Practices, determines that curtailment, interruption or reduction is necessary because of line construction or maintenance requirements, emergencies, or other critical operating conditions on its system. 11. lf the Company is required by the Commission to institute curtailment of deliveries of electricity to its Customers, the Company may require the Seller to curtail its consumption of electricity in the same manner and to the same degree as other Customers within the same Customer class who do not own Generation Facilities. 12. The Seller shall secure and continuously carry liability insurance coverage for both bodily injury and property damage liability in the amount of not less than $1,000,000 each occurrence combined single limit. Such insurance shall include an endorsement naming the Company as an additional insured insofar as liability arising out of operations under this schedule and a provision that such liability policies shall not be canceled or their limits of liability reduced without 30 days' written notice to the Company. The Seller shall furnish the Company with certificates of insurance together with the endorsements required herein. The Company shall have the right to inspect the original policies of such insurance. 13. The Seller shall grant to the Company all necessary rights of way and easements to install, operate, maintain, replace, and remove the Company's metering and other lnterconnection Facilities including adequate and continuing access rights to the property of the Seller. The Seller warrants that it has procured sufficient easements and rights of way from third parties as are necessary to provide the Company with the access described above. The Seller shall execute such other grants, deeds, or documents as the Company may require to enable it to record such rights of way and easements. IDAHO lssued per Order No. 30508 Effective - March 1, 2008 lssued by IDAHO POWER COMPANY John R. Gale, Vice President, Regulatory Affairs 1221 West ldaho Street, Boise, ldaho ldaho Power Company |.P.U.C. No. 29, Tariff No. 101 Oriqinal Sheet No. 86-5 SCHEDULE 86 COGENERATION AND SMALL POWER PRODUCTION NON-FIRM ENERGY (Continued) CONDITIONS OF PURCHASE AND SALE (Continued) 14. Depending on the size and location of the Sellels Qualifying Facility, it may be necessary for the Company to establish additional requirements for operation of the Qualifying Facility. These requirements may include, but are not limited to, voltage, reactive, or operating requirements. IDAHO lssued per Order No. 30508 Etfective - March 1, 2008 lssued by IDAHO POWER COMPANY John R. Gale, Vice President, Regulatory Affairs 1221 West ldaho Street, Boise, ldaho ldaho Power Company I.P.U.C. No. 29, Tariff No. 101 Orioinal Sheet No. 86-6 SCHEDULE 86 COGENEMTION AND SMALL POWER PRODUCTION NON-FIRM ENERGY ldaho Power Companv For the Purchase of Non-Firm Enerqy From Qualifvino Facilities THIS AGREEMENT Made this between 20 _, whose mailing address is hereinafter called Seller and ldaho Power Company, a corporation with its principal office located al1221West ldaho Street, Boise, ldaho hereinafter called "Company". NOW, THEREFORE, The parties agree as follows: 1. Company shall purchase Energy produced by the Seller's Qualifying Facility located at or County of , State of ldaho, located in theofSection-'Township,Range,BM,intheformofthreephase 60 Hz and at a nominal phase to phase potential of volts, subject to emergency operating conditions of the Company. Purchases under this Agreement are subject to the Company's applicable Tariff provisions, including but not limited to Schedules 86 and 72 approved by and as may be hereafter modified by the ldaho Public Utilities Commission ("Commission") and the provisions of this Agreement. 2. Seller shall pay Company for all costs of lnterconnection Facilities as provided for in Exhibit A of this Agreement and Schedule 72. 3. ln addition to the charges provided under Paragraph 2, Seller shall pay to the Company the monthly Operation & Maintenance Charge specified in Schedule 72 on the investment by the Company in lnterconnection Facilities which investment is set forth in Exhibit A, attached hereto and made a part hereof. As such investment changes, in order to provide facilities to serve Seller's requirements, Company shall notify Seller in writing of additions or deletions of facilities by forwarding a dated revised Exhibit A, which shall become part of this Agreement. The monthly Operation & Maintenance Charge will be adjusted to correspond to the Revised Exhibit A. 4. The initial date of acceptance of Energy under this Agreement is subject to the Company's ability to obtain required labor, materials, equipment, satisfactory rights of way, and comply with governmental regulations. 5. The term of this Agreement shall become effective on the date first above written, and shall continue to full force and effect until canceled by Seller upon sixty (60) days prior written notice. 6. This Agreement and the rates, terms, and conditions of service set forth or incorporated herein, and the respective rights and obligations of the parties hereunder, shall be subject to valid laws and to the regulatory authority and orders, rules, and regulations of the Commission and such other administrative bodies having jurisdiction. day of IDAHO lssued per Order No. 30508 Effective - March 1, 2008 lssued by IDAHO POWER COMPANY John R. Gale, Vice President, Regulatory Affairs 1221 West ldaho Street, Boise, ldaho ldaho Power Company |.P.U.C. No. 29. Tariff No. 101 Orioinal Sheet No. 86-7 SCHEDULE 86 COGENEMTION AND SMALL POWER PRODUCTION NON.FIRM ENERGY ldaho Power Company For the Purchase of Non-Firm Enersv From Qualifvino Facilities (Continued) 7. Nothing herein shall be construed as limiting the Commission from changing any rates, charges, classification or service, or any rules, regulation or conditions relating to service under this Agreement, or construed as affecting the right of the Company or the Seller to unilaterally make application to the Commission for any such change. 8. This Agreement shall not become effective until the Commission approves all terms and provisions hereof without change or condition and declares that all payments to be made hereunder shall be allowed as prudently incurred expenses for rate making purposes. (APPROPRTATE STGNATU RES) IDAHO lssued per Order No. 30508 Effective - March 1, 2008 lssued by IDAHO POWER COMPANY John R. Gale, Vice President, Regulatory Affairs 1221 West ldaho Street, Boise, ldaho BEFORE THE IDAHO PUBLIC UTILITIES COMMIS$ION CASE NO. IPC-E-13-25 IDAHO POWER COMPANY ATTACHMENT NO. 2 [sic] SECOND AMENDMENT TO THE FIRM ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPAIIY AI\D BENNETT CREEK WINDFARM, LLC This Second Amendment of the Firm Energy Sales Agreement ("Second Amendmenf') is entered into on this ffday of MCiti , 2014 by and between Idaho Power Company, an Idaho corporation ("Idaho Power") andBennett Creek Windfarm, LLC, an Idaho limited liability company ("Bennett Creek" or "Seller") (individually a "Party" and collectively the "Parties"). WHEREAS, Idaho Power and Seller entered into a Firm Energy Sales Agreement on December 20, 2006 (the "Agreement") for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in OrderNo. 30245 on February 20,2007; WHEREAS, Idaho Power and Seller entered into a First Amendment to the Agreement that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 30399 on August 8,2007; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Market Energy Cost and Mid-Columbia Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties hereto agree as follows: l. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in full at this point. 2. Definitions. Article 1, section 1.14 shall be deleted in its entirety and the following section shall be substituted in its stead: 1.14 "Market Enersy Cost" - Eighty-five percent (85%) of the Mid-Columbia Market Energy Cost. Article 1, section 1.18 shall be deleted in its entirety and the following section shall be substituted in its stead: 1.18 "Mid-Columbia Market Energy Cost" - 82.4yo of the monthly arithmetic average of each day's Intercontinental Exchange ("ICE") daily firm Mid-C Peak Avg and Mid-C OFPeak Avg index prices. Each day's Energy Sales Agreement Second Amendment - Page I of 3 index prices will reflect the relative proportions peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from Mountain Time, (16 hours) excluding all hours on Day, Memorial Day, Independence Day, Labor and Chdstmas Day. Light Load (LL) Hours: The daily hours from Mountain Time (8 hours), plus all other hours on Day, Memorial Day, Independence Day, Labor and Christmas Day. of peak hours and off- hour ending 0700-2200 all Sundays, New Years Day, Thanksgiving Day hour ending 2300-0600 all Sundays, New Years Day, Thanksgiving Day The actual Mid-Columbia Market Energy Cost calculation being: n .824 * ( I {GCE Mid-C Peak Avg* * HL hours for day) + (ICEx:l Mid-C Off-Peak Arg* * LL hours for day)) I (n*24)) where n: number of days in the month If the ICE Mid-C Index prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into *re formula stated in this definition and shall therefore be multiplied by the appropriate respective numbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days.If the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C Index reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electrical industry. 3. Effect of Amendment. Except as expressly amended by this Second Amendment, the Agreement shall remain in full force and effect. Energy Sales Agreement Second Amendment - Page 2 of 3 kgal'\ NBP' 4. Capitalized Terms. All capitalized terms used in this Second Amendment and not defined herein shall have the same meaning as used in the Agreement. 5. Scope of Amendment. This Second Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the pu{pose and intent thereof. 6. Authority. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (iii) is has the requisite authority to execute this Second Amendment. 7. Counterparts. This Second Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this Second Amendment to be duly executed as of the date above written. Title: Energy Sales Agreement Second Amendment - Page 3 of 3 IDAHO POWER CO, U rce- ?r"siJru 4- SECOI\D AMENDMENT TO THE FIRM ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPANY AND HOT SPRTNGS WINDFARM, LLC This Second Amendment of the Firm Energy Sales Agreement ("Second Amendment") is entered into on this lffday of tflfrrt ,2014 by and between Idaho Power Company, an Idaho corporation ("Idaho Power") anfltlot Springs Windfarm, LLC, an Idaho limited liability company ("Hot Springs" or "Seller") (individually a "Party" and collectively the "Parties"). WHEREAS, Idaho Power and Seller entered into a Firm Energy Sales Agreement on December 20,2006 (the "Agreement") for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 30246 on February 20,2007; WHEREAS, Idaho Power and Seller entered into a First Amendment to the Agreement that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 30398 on August 8,2007; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Market Energy Cost and Mid-Columbia Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties hereto agree as follows: 1. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in full at this point. 2. Definitions. Article 1, section 1.14 shall be deleted in its entirety and the following section shall be substituted in its stead: l.l4 "Market Enersy Cost" - Eighty-five percent (85%) of the Mid-Columbia Market Energy Cost. Article 1, section 1.18 shall be deleted in its entirety and the following section shall be substituted in its stead: 1.18 "Mid-Columbia Market Energy Cost" - 82.4oA of the monthly arithmetic average of each day's Intercontinental Exchange ("ICE") daily firm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's Energy Sales Agreement Second Amendment - Page 1 of 3 index prices will reflect the relative proportions of peak hours and off- peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700-2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Light Load (LL) Hours: The daily hours from hour ending 2300-0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Chdstmas Day. The actual Mid-Columbia Market Energy Cost calculation being: n .824 * ( Z {GCE Mid-C Peak Avg* * HL hours for day) + (ICEx:l Mid-C Off-Peak Avg* * LL hours for day)) I (n*24)) where n: number of days in the month If the ICE Mid-C Index prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into ttre formula stated in this definition and shall therefore be multiplied by the appropriate respective numbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. If the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C Index reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electrical industry. 3. Effect of Amendment. Except as expressly amended by this Second Amendment, the Agreement shall remain in full force and effect. 4. Capitalized Terms. All capitalized terms used in this Second Amendment and not defined herein shall have the same meaning as used in the Agreement. Energy Sales Agreement Second Amendment - Page 2 of 3 5. Scope of Amendment. This Second Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the purpose and intent thereof. 6. Authorify. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (ii) is has the requisite authority to execute this Second Amendment. 7. Counterparts. This Second Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this Second Amendment to be duly executed as of the date above written. IDAHO POWER COMPANY By: - Legd I SfEI Nu.", By: ,e- hrv-: i!r*l-Title: Energy Sales Agreement Second Amendment - Page 3 of 3 FIRSTAMENDMENT TO TIIE FIRM ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPANY AND HIGH MESA EII'ERGY, LLC This First Amendment of the Firm Energy Sales Agreement ("First Amendment") is entered into on this (.t+'day of fVlft Lt ,2014 by and between Idaho Power Company, an Idaho corporation ("Idaho Power") and^Itigh Mesa Energy, LLC, ("High Mesa" or "Seller") (individually a "Party" and collectively the "Parties"). WHEREAS, Idaho Power and Seller entered into a Firm Energy Sales Agreement on November 16, 2011 (the "Agreemenf') for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 32462 on February 17,2012; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Mid-Columbia Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for cither good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties hereto agree as follows: 1. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in full at this point. 2. Definitions. Article l, section 1.28 shall be deleted in its entirety and the following section shall be substituted in its stead: 1.28 "Mid-Columbia Market Energv Cost" - 82.4yo of the monthly arithmetic average of each day's Intercontinental Exchange ("ICE") daily firm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's index prices will reflect the relative proportions of peak hours and off- peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700-2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Light Load (LL) Hours: The daily hours from hour ending 2300-0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Energy Sales Agreement First Amendment - Page 1 of 3 Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. The actual Mid-Columbia Market Energy Cost calculation being: n .824 * ( I {(ICE Mid-C Peak Avg* * HL hours for day) + (ICE X:l Mid-C Off-Peak Arg* * LL hours for day)) I (n*24)) where n: number of days in the month If the ICE Mid-C Index prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into the formula stated in this definition and shall therefore be multiplied by the appropriate respective numbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. If the day for which prices are not reported is a Saturday or Monday or is adjacent on the- calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C Index reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electrical industry. 3. Effect of Amendment. Except as expressly amended by this First Amendment, the Agreement shall remain in full force and effect. 4. Capitalized Terms. All capitalized terms used in this First Amendment and not defined herein shall have the same meaning as used in the Agreement. 5. Scope of Amendment. This First Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the purpose and intent thereof. Energy Sales Agreement First Amendment - Page 2 of 3 Legat ReviewNr[" 6. Authority. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (iii) is has the requisite authority to execute this First Amendment. 7. Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be duly executed as of the date above written. Energy Sales Agreement First Amendment - Page 3 of 3 IDAHO POWER Name:I trh*oNS t/ ; r- Qrcril**l F'IRST AMENDMENT TO THE FIRM ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPANY AND CASSIA GULCH WIND PARK, LLC AND TUANA SPRINGS ENRGY, LLC This First Amendment of the Firm Energy Sales Agreement ("First Amendment") is entered into on this ffday of MO,u ,2014 by and between Idaho Power Company, an Idaho corporation ("Idaho Power"), Cassiatulch Wind Park, LLC, an Idaho limited liability company ("Cassia Gulch"), and Tuana Springs Energy, LLC, an Idaho limited liability company ("Tuana") (Cassia Gulch and Tuana are referred to collectively as the "Seller") (individually Idaho Power and Seller may be referred to as a "Party" and collectively as the "Parties"). WHEREAS, Idaho Power and Seller entered into a Firm Energy Sales Agreement on August 5,2009 (the "Agreement") for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 30917 on October 5, 2009; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Mid-Columbia Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties hereto agree as follows: l. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in full at this point. 2. Definitions. Article l, section 1.25 shall be deleted in its entirety and the following section shall be substituted in its stead: 1.25 "Mid-Columbia Markd En " - 82.40 of the monthly arithmetic average of each days's Intercontinental Exchange ("ICE") daily firm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's index prices will reflect the relative proportions of peak hours and off- peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700-2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Chrisfinas Day. Energy Sales Agreement First Amendment - Page I of 3 Light Load (LL) Hours: The daily hours from hour ending 2300-0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. The actual Mid-Columbia Market Energy Cost calculation being: n .824 * ( I {GCE Mid-C Peak Avg* * HL hours for day) + (ICEx:l Mid-C Off-Peak Avg* * LL hours for day)) I (n*24)) where n: number of days in the month If the ICE Mid-C Index prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into the formula stated in this definition and shall therefore be multiplied by the appropriate respective nurnbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. If the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C Index reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electical industry. 3. Effect of Amendment. Except as expressly amended by this First Amendment, the Agreement shall remain in full force and effect. 4. Capitahzed Terms. All capitalized terms used in this First Amendment and not defined herein shall have the same meaning as used in the Agreement. 5. Scope of Amendment. This First Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the purpose and intent thereof. Energy Sales Agreement First Amendment - Page 2 of 3 6. Authority. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (iii) is has the requisite authority to execute this First Amendment. 7. Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be duly executed as of the date above written. IDAHO POWER COMPANY By:R'T,fl, i Bv:nrk'_ TU y';,- Pn z;J,,t- Energy Sales Agreement First Amendment - Page 3 of 3 ,,cgal'\ ffiil' rite: U ru-(rutiJ, $ ,n,.,,VF 6*pr 5t, m( ,f Y, LLC By: Name:5;l',r\n^-9nta Title: FIRST AMENDMENT TO THE FIRM ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPANY AND CASSIA WIND FARM, LLC This First Amendment of the Firm Energy Sales Agreement ("First Amendmenf') is entered into on this @day of fV\Aq ,2014 by and between Idaho Power Company, an Idaho corporation ("Idaho Power") and CAssia Wind Farm, LLC, an Idaho limited liability company ("Cassia" or "Seller") (individually a"Ptrty" and collectively the o'Parties"). WHEREAS, Idaho Power and Seller entered into a Firm Energy Sales Agreement on April 7, 2006 (the "Agreement") for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 30086 on June 30, 2006; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties hereto agree as follows: l. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in full at this point. 2. Definitions. Article l, sectior,l.lZ shall be deleted in its entirety and the following section shall be substituted in its stead: l.l2 "Market Energy Cost" - Eighty-five percent (85%) of 82.4% of the monthly arithmetic average of each day's Intercontinental Exchange ("ICE") daily firm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's index prices will reflect the relative proportions of peak hours and off-peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700-2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Light Load (LL) Hours: The daily hours from hour ending 2300-0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Energy Sales Agreement First Amendment - Page I of 3 Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. The actual Market Energy Cost calculation being Eighty-five percent (85%) of: n .824 * ( I {(ICE Mid-C Peak Avg, * HL hours for day) + (ICE X=l Mid-C Off-Peak Avgx * LL hours for day)) I (n*24)) where n: number of days in the month If the ICE Mid-C Index prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into the formula stated in this definition and shall therefore be multiplied by the appropriate respective numbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. If the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C Index reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electrical industry. 3. Effect of Amendment. Except as expressly amended by this First Amendment, the Agreement shall remain in full force and effect. 4. Capitalized Terms. All capitalized terms used in this First Amendment and not defined herein shall have the same meaning as used in the Agreement. 5. Scope of Amendment. This First Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the purpose and intent thereof. Energy Sales Agreement First Amendment - Page 2 of 3 6. Authority. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (ii) is has the requisite authority to execute this First Amendment. 7. Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be duly executed as of the date above written. IDAHO POWER Legd t By: \nrc,:4t41444" Title:Vi "u Presil"ul Energy Sales Agreement First Amendment - Page 3 of 3 By: FIRSTAMENDMENT TO THE ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPANY AI{D J.R. SIMPLOT COMPAI\Y This First Amendment of the Energy Sales Agreement ("First Amendment") is entered into on this 1 day of fl"+ ,2014 by and between Idaho Power Company, an Idaho corporation ("Idatro Power") andlJ.R. Simplot Company ("Simplot" or "Seller") (individually a "Pa('" and collectively the "Parties"). WHEREAS, Idaho Power and Seller entered into an Energy Sales Agreement on February 19, 2013 (the "Agreement") for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in Order No. 32790 on April 17,2013; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Mid-Columbia Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Pamies hereto agree as follows: l. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in fulI at this point. 2. Definitions. Article 1, section 1.20 shall be deleted in its entirety and the following section shall be substituted in its stead: 1.20 "Mid-Columbia Market Energy Cost" - 82.4yo of the monthly arithmetic average of each day's Intercontinental Exchange ("ICE") daily firm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's index prices will reflect the relative proportions of peak hours and off- peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700-2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Light Load (LL) Hours: The daily hours from hour ending 2300-0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Energy Sales Agreement First Amendment - Page I of 3 Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christrnas Day. The actual Mid-Columbia Market Energy Cost calculation being: n .824 * ( I {(ICE Mid-C Peak Avg* * HL hours for day) + (ICE X=l Mid-C Off-Peak Arg* * LL hours for day)) I (n*24)) where n: number of days in the month If the ICE Mid-C Index prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into the formula stated in this definition and shall therefore be multiplied by the appropriate respective numbers of HL and LL Hours for such particular day or days with the result that each hotr in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. If the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C Index reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electrical industry. 3. Effect of Amendment. Except as expressly amended by this First Amendment, the Agreement shall remain in full force and effect. 4. Capitalized Terms. All capitalized terms used in this First Amendment and not defined herein shall have the same meaning as used in the Agreement. 5. Scope of Amendment. This First Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the purpose and intent thereof. 6. Authority. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (iii) is has the requisite authority to execute this First Amendment. Energy Sales Agreement First Amendment - Page 2 of 3 7. Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be duly executed as of the date above written. J.R. SIMPLOT COMPANY IDAHO POWER ,r, d0auGr.6mlt's Name: .Joa 6-bne*n' Title:Vfr"1pa1sr<,1- By: Nanie: Energy Sales Agreement First Amendment - Page 3 of 3 FIRST AMENDMENT TO THE FIRM ENERGY SALES AGREEMENT BETWEEN IDAHO POWER COMPANY AND SE HAZELTON A., L.P. This First Amendment of the Firm Energy Sales Agreement ("First Amendment") is entered into on this 1st day of May, 2014 by and between Idaho Power Company, an Idaho corporation ("Idaho Power") and SE Hazelton A, L.P., a California limited partnership ("Hazelton" or "Seller") (individually a "Party" and collectively the'oParties"). WHEREAS, Idaho Power and Seller entered into a Firm Energy Sales Agreement on December 8, 2010 (the "Agreement") for the purchase and sale of energy produced by the Seller's facility that was approved by the Idaho Public Utilities Commission ("Idaho PUC") in OrderNo. 32181 on February ll,20ll; and WHEREAS, as agreed to in the stipulation entered into by the parties in Case No IPC-E- 13-25 before the Idaho Public Utilities Commission, Seller and Idaho Power desire to amend the definition of Mid-Columbia Market Energy Cost in this Agreement; NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties hereto agree as follows: l. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part of this Agreement by this reference to the same extent as if these recitals were set forth in full at this point. 2. Definitions. Article 1, section l.2l shall be deleted in its entirety and the following section shall be substituted in its stead: l.2l "Mid-Columbia Market Erc ' - 82.4yo of the monthly arithmetic average of each day's Intercontinental Exchange ("ICE") daily frm Mid-C Peak Avg and Mid-C Off-Peak Avg index prices. Each day's index prices will reflect the relative proportions of peak hours and off- peak hours in the month as follows: Heavy Load (HL) Hours: The daily hours from hour ending 0700-2200 Mountain Time, (16 hours) excluding all hours on all Sundays, New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Light Load (LL) Hours: The daily hours from hour ending 2300-0600 Mountain Time (8 hours), plus all other hours on all Sundays, New Years Energy Sales Agreement First Amendment - Page 1 of 3 Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. The actual Mid-Columbia Market Energy Cost calculation being: n .824 * ( I {GCE Mid-C Peak Avg* * HL hours for day) + (ICE X=l Mid-C Off-Peak Avg* * LL hours for day)) I (n*2$) where n: number of days in the month If the ICE Mid-C lndex prices are not reported for a particular day or days, prices derived from the respective averages of HL and LL prices for the immediately preceding and following reporting periods or days shall be substituted into ttre formula stated in this definition and shall therefore be multiplied by the appropriate respective numbers of HL and LL Hours for such particular day or days with the result that each hour in such month shall have a related price in such formula. If the day for which prices are not reported has in it only LL Hours (for example a Sunday), the respective averages shall use only prices reported for LL hours in the immediately preceding and following reporting periods or days. If the day for which prices are not reported is a Saturday or Monday or is adjacent on the calendar to a holiday, the prices used for HL Hours shall be those for HL hours in the nearest (forward or backward) reporting periods or days for which HL prices are reported. If the ICE Mid-C lndex reporting is discontinued by the reporting agency, both Parties will mutually agree upon a replacement index, which is similar to the ICE Mid-C Index. The selected replacement index will be consistent with other similar agreements and a commonly used index by the electrical industry. 3. Effect of Amendment. Except as expressly amended by this First Amendment, the Agreement shall remain in full force and effect. 4. Capitalized Terms. All capitalized terms used in this First Amendment and not defined herein shall have the same meaning as used in the Agreement. 5. Scope of Amendment. This First Amendment shall be binding upon and inure to the benefit of the Parties hereto, and their respective heirs, executors, administrators, successors, and assigns, who are obligated to take any action which may be necessary or proper to carry out the purpose and intent thereof. 6. Authority. Each Party represents and warrants that (i) it is validly existing and in good standing in the state in which it is organized, (ii) it is the proper party to amend the Agreement, and (iii) is has the requisite authority to execute this First Amendment. Energy Sales Agreement First Amendment - Page 2 of 3 7. Counterparts. This First Amendment may be executed in any number of counterparts, each of which shall be deemed an original and all of which taken together shall constitute a single instrument. IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be duly executed as of the date above written. SE By: Name: Stephen Pike Title: Vice President Energy Sales Agreement First Amendment - Page 3 of 3 IDAHO POWER CO By: Namei Title: