20150507Attorney General Letter.pdf

STATE OF IDAHO
OFFICE OF THE ATTORNEY GENERAL
LAWRENCE G. WASDEN
VIA E.MAIL
May 7,2015
Avista Corporation
MichaelAndrea
m ichael.andrea@avi stacorp.com
Avista Utilities
1411 E. Mission
PO Box3727
Spokane, WA99220-3727
Rocky Mountain Power
Daniel Solander
dan iel. so lander@pacifi corp.com
Ted Weston
ted.weston@pacifi corp.com
PacifiCorp dba Rocky Mountain Power
One Utah Center
201 S. Main Street, Suite 2300
Salt Lake city, uT 84111
Idaho Power Company
Donovan E. Walker
dwalker@ idahopower.corn
Idaho Power Company
PO Box 70
Boise, ID 83707-007
Clint Kalich
cl [e-mail]
Avista Utilities
1411 E. Mission
PO Box3727
Spokane, WA99220-3727
Greg Duvall
greg.duval l@pac if icorp.com
Hui Shu
hui. shu@pacifi corp.com
Laren Hale
I are n. h a I e@pac iflco rp. com
PacifiCorp dba Rocky Mountain Power
825 NE Multnomah Street
Portland, OR97232
Randy Allphin
ral [e-mail]
Idaho Power Company
PO Box 70
Boise, ID 83707-0070
Re: Case Nos. IPC-E-15-16, PAC-E-15-07, AVU-E-IS-04 -- Update to Published Avoided
Cost Rates to Reflect an Updated Natural Gas Price Forecast of the U.S. Energy
Information Administration (EIA)
Pursuant to the Public Utility Regulatory Policies Act of 1978 (PURPA) and the implementing
regulations of the Federal Energy Regulatory Commission (FERC), the Idaho Public Utilities
Commission (Commission) has approved a Surrogate Avoided Resource (SAR) methodology for
po Box,.,,0, ,o,.!1,1Xffi"".?A:#fl:Y:,ff;i1(il'Jit"Jl ilil:Ii:liffi'5!"if,Blt'-",iiiirp,"opuc srare id us
Located at 472 West Washington St., Boise, ldaho 83702
May 7,2015
Page2
calculation of avoided cost rates at which PURPA qualifuing cogeneration and small power
production facilities ("qualifuing facilities" or "QFs") are paid by Idaho Power, Avista, and
PacifiCorp. Avoided cost rates are the purchase price paid to QFs for purchases of QF capacity
and energy. The release of a new natural gas price forecast by the U.S. Energy Information
Administration (EIA) triggered an updated calculation of avoided cost rates.
In accordance with the methodology approved in Order No. 32697, the "reference case" natural
gas price forecast for the Mountain Region's Electric Power sector included in EIA's Annual
Energy Outlook serves as the basis for computing avoided cost rates. In Order No. 32697, the
Commission also found that the final release of Annual Energy Outlook automatically triggers a
recalculation of the published avoided cost rates. In Order No. 32802, the Commission clarified
that an update should occur on June I or within 30 days of the final release of the Annual Energy
Outlook, whichever is later.
EIA released the Annual Energy Outlook 2015 on April 14, 2015. Staff has used this forecast to
compute the new published avoided cost rates. A copy of the relevant natural gas price forecast
is attached.
Also attached are updated published avoided cost rates for all three utilities. Please review the
rates and file your respective responses (either written or via e-mail) with the Commission on or
prior to May 21,2015. The case caption is as follows:
UPDATE TO PUBLISHED AVOIDED COST RATES TO REFLECT AN
UPDATED NATURAL GAS PRICE FORECAST OF THE U.S. ENERGY
INFORMATION ADMINISTRATION (EIA)
Thank you for your cooperation. Please contact Yao Yin (vao.yin@puc,idaho.gov) for an
electronic copy of the most recent SAR model. Please feel free to contact me or Yao if you have
any questions.
Sincerely,
{1'9'*T-Daphr{e J. Huang
Deputy Attorney General
Enclosures
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AVISTA
AVOIDED COST RATES FOR WIND PROJECTS
xx xx,2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVELIZED
CONTRACT
LENGTH
/YtrAPQ\
ON-LINE YEAR
CONTMCT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7
8
o
10
11
12
13
14
't5
16
17
18
19
20
36.1 4
36.49
35.85
35.82
36.42
37.74
39.00
40,16
41.20
42.12
43.02
43.9'l
44.69
45.37
45.97
46.52
47.07
47.61
48.14
46.66
36.87
35.69
35.69
36.51
38.'14
39.62
40.93
42.08
43.07
44.04
44.99
45.82
46.53
47.15
47.73
48.30
48.86
49.41
49.96
50,51
34.42
35.03
36.37
38.52
40.31
41.81
43.08
44.15
45.19
46.20
47.07
47.80
48.44
49.04
49.62
50.21
50.78
51.34
51.92
52.51
35.69
37.46
40.'10
42.08
43.65
44.94
46.01
47.05
48.08
48.95
49.67
50.30
50.88
5't.46
52.O4
52.62
53.19
53.78
54.38
54.95
39.37 46.0342.57 47.4744.56 48.6446.05 49.63
47.26 50.454E.24 51.3649.23 52.3050.22 53.0951.07 53.7251.74 54.2652.33 54.7752.89 55.30
53.44 55.86
54.02 56.42
54.58 56.9955.16 57.5955.75 58.2256.36 58.81
56.95 59.4457.56 60.1 1
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
36.14
36.87
34.42
35.69
39.37
46.03
49.02
51.26
53.1 1
54.44
57.08
59.76
60.70
60.85
61.52
62.75
64.81
67.22
69.31
71.76
75.14
78.45
80.37
84.70
89.89
95.35
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
AVISTA Page I
AVISTA
AVOIDED COST RATES FOR SOLAR PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacitv Payments
Eligibility for these rates is limited to projects '100 kW or smaller.
LEVELIZED NON.LEVELIZED
CONTRACT
LENGTH
IYFARSI
ON.LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
PATtrQ2015 2016 2017 20t8 2019 2020
I
2
3
4
5
6
7I
9
10
11
12
13
14
15
16
17
't8
19
20
37.42
37.78
36.74
36.51
37.00
38.42
39.77
40.99
42.07
43.03
43.97
44.89
45.70
46.39
47.O1
47.59
48.15
48.71
49.25
49.78
38.17
35.37
35.1 6
36.87
38.67
40.28
41.67
42.88
43.93
44.94
45.93
46.79
47.52
48.17
48.77
49.35
49.94
50.50
51.06
51.63
34.42
35.03
36.37
38.82
40.80
42.42
43.78
44.93
46.02
47.08
47.99
48.76
49.43
50.05
50.65
51.26
51.85
52.43
53.02
53.62
35.69
37.46
40.52
42.72
44.42
45.80
46.94
48.03
49.10
50.01
50.76
51.4',1
52.01
52.61
53.22
53.81
54.39
55.00
55.61
56.20
39.37 47.40
43.24 48.85
45.45 50.03
47 .05 51.0348.33 5'1.8649.37 52.78s0.40 53,7351.42 54.5352.29 55.16
52.99 55.71
53.60 56.23
54.17 56.7754.74 57.3455.33 57.9155.91 58.4856.49 59.0957.10 59.7257.72 60.3358.32 60.9658.94 51.64
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
37.42
38.17
34.42
35.69
39.37
47.40
50.42
52.67
54.54
55.89
58.56
61.26
62.22
62.39
63.08
64.34
66.43
68.86
70.97
73.45
76.85
80.1 I
42.13
86 48
91.70
97.19
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14,2015, See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables_ref .cfm#supplemenU
AVISTA Page 2
AVISTA
AVOIDED COST RATES FOR NON.SEASONAL HYDRO PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT
LENGTH
lYFARS\
ON.LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 20'19 2020
'I
2
3
4
5
6
7
8
o
10
11
12
't3
14
15
16
17
18
19
20
43.32
43.72
40.86
39.71
39.65
41.58
43.29
44.80
46.11
47.26
48.35
49.40
50.33
51.13
51.84
52.50
53.14
53.77
54.37
54.96
44.16
39.48
38.31
38.54
41.14
43.29
45.08
46.60
47.88
49.1 0
50.25
51.26
52.11
52.87
53.57
54.24
54.90
55.54
56.17
56.80
34.42
35.03
36.37
40.23
43.07
45.24
47.06
48.53
49.89
51.15
52.25
53.1 6
53.96
54.70
55.41
56.11
56.78
57.44
58.1 '1
58.77
35.69
37.46
42.48
45.68
47.99
49.79
51.23
52.57
53.82
54.89
55.78
56.s5
57.25
57.94
58.63
59.30
59.95
60.62
61.29
61.93
39.37 53.7546.29 55.2549.55 56.475'1.69 57 .5153.31 58.3954.59 59.3455.80 60.3455.37 6'1.18
57.95 61.8558.76 62.4459.45 62.99
60.10 63.5760.75 64.1761,40 64.7762.04 65.3862.68 66.0363.34 66.69
64.00 67.3264.64 67.99
65.31 68.70
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
43.32
44.16
34.42
35.69
39.37
53.75
56.86
55.21
61.17
62.62
65.39
68.1 I
69.25
69.52
70.32
71.68
73.88
76.42
78.64
81.23
84.75
88.1 9
90.26
94.73
100.07
105.68
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cfm#su pplemenU
AVISTA Page 3
AVISTA
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to proiects smaller than l0 aMW.
LEVELIZED NON.LEVELIZED
30NTRACT
LENGTH
/YFARSI
ON-LINE YEAR
CONTMCT
YEAR
NON.LEVELIZED
RATES201s 20'16 2017 2018 2019 2020
1
2
3
4
5
6
7I
9
10
11
't2
13
14
15
16
17
18
19
20
33.36
33.70
33.92
34.31
35.1 8
36.25
37.35
38.37
39.30
40.1 3
40.96
41.79
42.52
43.14
43.69
44.21
44.72
45.23
45.73
46.23
34.06
34.23
34.68
35.72
36.97
38.21
39.33
40.33
4',t.21
42.O9
42.96
43.73
44.37
44.94
45.47
46.00
46.53
47.04
47.56
48 08
34.42
35.03
36.37
37.85
39.24
40.46
41.53
42.45
43.37
44.28
45.07
45.73
46.31
46.85
47.39
47.93
48.46
48.99
49.53
50.09
35.69
37.46
39.1 8
40.70
41.97
43.07
43.99
44.92
45.85
46.65
47.31
47.88
48.42
48.95
49.50
50.04
50.58
51.14
51 .71
52.26
39.37 43.05
41.14 44.46
42.64 45.6143.87 46.5844.91 47.3945.78 48.2746.69 49.20
47.62 49.9748.40 50.57
49.03 51.10
49.58 51.59
50. 10 52.1150.62 52.6551.16 s3.19
5 t.70 53.7452.25 s4.33
52.82 s4.9453.41 55.5253.97 56.1454.57 56.80
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
46.00
48.1 9
49.99
51.27
53.87
56.50
57.39
57.49
58.12
59,30
61.31
63.67
65.70
68.1 0
71.42
74.68
76.55
80.82
85.95
91.36
Note: A "seasonal hydro poect" is defined as a generation facility which produces at least 55% of its annual generation during the
months of June, July, and August. Order 32802.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www, eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
AVISTA Page 4
AVISTA
AVOIDED COST RATES FOR OTHER PROJECTS
xx xx, 2015
$/MWh
New Contracts and Reolacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects smaller than l0 aMW.
LEVELIZED NON.LEVELIZED
CONTMCT
LENGTH
lYFARSI
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7II
10
11
12
13
14
15
16
17
18
19
20
52.51
52.98
47.26
44.69
43.78
46.49
48.78
50.73
52.39
53.83
55.17
56.43
57.54
58.50
59.36
60.1 5
60.90
61.64
62.34
63.03
53.48
44.31
41.65
41.15
44.99
47.9E
50.38
52.37
54.04
55.56
56.98
58.21
59.26
60.18
61.03
61.85
62.63
63.39
64.11
64.84
34.42
35.03
36.37
42.43
46.60
49.72
52.1 6
54.14
55.90
57.49
58.86
60.02
61.03
61.94
62.82
63.66
64.46
65.24
66.02
66.78
35.69
37.46
45.53
50.27
53.54
55.99
57.91
59.62
61.17
62.49
63.59
64.54
65.41
66.24
67.06
67.84
68.60
69.37
70.1 3
70.85
39.37 63.63
51.04 65.20
55.93 66.4958.92 67.6061.06 68.54
62.71 69.5664.20 70.6265.60 71.5266.77 72.25
67.73 72.90
68.56 73.5169.34 74.1570.09 74.8070.84 75.46
71 .57 76.1272.30 76.8273.04 77.5373.78 78.2174.49 78.9375.22 79.68
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
52.51
53.48
34.42
35.69
39.37
63.63
66.88
69.38
71.49
73.09
76.01
78.97
80.1 9
80.62
81.58
83.1 1
85.47
88.19
90.58
93.34
97.04
1 00.67
102.92
107.57
1 13.1 0
1 18.91
Note: "Other projects" refers to projects other than wind, solar, non-seasonal hydro, and seasonal hydro projects. These "Other projects"
may include (but are not limited to): cogeneration, biomass, biogas, landfill gas, or geothermal projects.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'sAnnual Energy
Outlook 2015, released April 14, 2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http: / /vww. eia. gov/forecasts/aeoltables_ref . cfm#supplemenU
AVISTA Page 5
IDAHO POWER COMPANY
AVOIDED COST RATES FOR WIND PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVELIZED
OONTRAC'I
LENGTH
/vtraPs\
ON.LINE YEAR
CONTRACT
YtrAFI
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
I
2
3
4
5
o
7
8
9
10
11
12
13
14
15
'16
17
18
'19
20
33.36
33.70
33.92
34.31
35.17
36.24
37.68
38.96
40. '10
41.09
42.05
42.98
43.80
44.50
45.1 3
45.70
46.27
46.82
47.36
47.88
34.06
34.23
34.68
35.72
36.96
s8.62
40.04
41.28
42.33
43.35
44.34
45.20
45.93
46.57
47.16
47.74
48.31
48.87
49.42
49.97
34.42
35.03
36.36
37.84
39.77
41.35
42.67
43.78
44.85
45.88
46.78
47.52
48.17
48.77
49.36
49.94
50.51
51.07
51.65
52.23
35.69
37.46
39.17
41.39
43.09
44.47
45.59
46.68
47.73
48.63
49.37
50.01
50.605l.lI
51.78
52.35
52.92
53.5'l
54.1 0
54.67
39.37 43.05
41.14 45.99
43.61 47.65
45.33 48.89
46.68 49.86
47.75 50.8648.8'1 51.8749.84 52.7150.72 53.3751.42 53.94
52.03 54.4752.60 55.02
53.17 55.5953.75 56.1554.32 s6.7354.89 57.3355.49 57.9s56.09 58.54
56.67 59.17
57.28 59.83
2015
2016
2017
201E
201 9
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
49.17
51.40
53.25
54.59
57.23
59.91
60.85
61.00
61.68
62.91
54.98
67.39
69.48
71.93
75.31
78.62
80.55
84.88
90.07
95.53
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20lS,Table3.SEnergyPricesbySector-Mountainat
http: //www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
IDAHO POWER COMPANY Page 1
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SOLAR PROJECTS
xx xx, 2015
$/MWh
New Contracte and Replacement Contracts without Full Capacitv Pavments
Eligibility for these rates is limited to projects '100 kW or smaller.
LEVELIZED NON.LEVELIZED
CONTMC]
LENGTH
(YFARS)
ON.LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
b
7
8
9
10
11
12
13
14
15
16
17
18
't9
20
33.36
33.70
33.92
34.31
35.17
36.24
40.94
44.69
47.76
50.32
52.57
54.59
56.35
57.86
59.1 I
60.39
61.51
62.56
63.55
64.49
34.06
34.23
34.68
35.72
36.96
42.59
46.87
50.28
53.05
55.46
57.59
59.43
60.99
62.35
63.58
64.73
65.80
66.81
67.77
68.70
34.42
35.03
36.36
37.84
44.73
49,66
53.42
55.38
58.91
61.13
63.01
64.59
65.97
67.20
68.35
69.43
70.45
7',1 .41
72.35
73.27
35.69
37.46
39.1 7
47.86
53.50
57.s5
60.62
63,20
65.44
67.31
68.86
70.19
71.39
72.51
73.57
74.57
75.52
76.45
77.36
78.22
39.37 43.0541.14 60.03
52.60 66.50
58.90 70.23
63.05 72.7666.04 74.8668.52 76.6970.65 78.1972.41 79.4073.84 80.43
75.07 81.3776.17 a2.2A
77 .21 83.1 778.21 84.0379.16 84.8880.07 85.7380.98 86.5881.87 87.3982.71 88.2283.56 89.07
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
78.40
81.07
83.35
85.12
88.22
91.35
92.75
93.37
94.51
96.23
98.78
101 .69
104.28
107.25
111.14
1 14.98
117.44
122.31
128.0s
134.O7
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14, 2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
IDAHO POWER COMPANY Page 2
IDAHO POWER COMPANY
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
xx xx,2015
$/MWh
New Contracts and Reolacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects smaller than l0 aMW.
LEVELIZED NON.LEVELIZED
CONTMCT
LENGTH
(YEARS'I
ON-LINE YEAR
CONTMCT
YtrAP
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
e
4
6
7
8I
10
11
12
13
14
15
't6
17
18
't9
20
33,36
33.70
33.92
34,31
35.17
36.24
40.62
44.13
47.02
49.42
51.55
53.47
55.1 3
56.56
57.82
58.97
60.03
61.04
6't.98
62.88
34.06
34.23
34.68
35.72
36.96
42.20
46.21
49.41
52.01
54.28
56.31
58.04
59.52
60.82
61.99
63.08
64.11
65.07
65.99
66.88
34.42
35.03
36.36
37.84
44.25
48.85
52.37
55.1 6
57.54
59.65
61.43
62.94
64.24
65.4'l
66.5'l
67.54
68.5'l
69.44
70.34
7',t.22
35.69
37.46
39.1 7
47.23
52.49
56.28
59.16
61.60
63.72
65.49
66.96
68.23
69.37
70.44
71.45
72.41
73.32
74.23
75.11
75.94
39.37 43.0541.14 58.67
51.72 64.6757.58 68.166't.46 70.5364.27 72.5366.60 74.2868.63 75.7270.30 76.87
71.66 77.8672.83 78.7673.88 79.6374.E8 80.5075.84 81.3376.75 82.1477.63 82.9778.50 83.80
79.37 84.59
80.18 85.4081.01 86.23
201 5
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
75.56
78.19
80.43
82.16
85.21
88.30
89.65
90.23
9 t.33
92.99
95.50
98.36
100.90
103.82
107.66
1 1 1.45
1 13.86
1 18.67
124.37
't30.33
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14, 2015. See Annual Energy Outlook 201 5, Table 3.8 Energy Prices by Sector-Mountain at
http://www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
IDAHO POWER COMPANY Page 3
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
xx xx, 2015
$/MWh
New Contracts and Reolacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON.LEVELIZED
CONTRACI
LENGTH
TYFARS\
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7
8
I
10
11
12
'13
14
15
16
17
18
19
20
33.35
33.70
33.92
34.31
35.17
36.24
42.84
48.03
52.23
55.70
58.71
61.37
63.66
65.65
67.39
68.96
70.40
71.75
73.00
74.17
34.06
34.23
34.68
35.72
36.96
44.90
50.86
55.53
59.30
62.52
65.32
67.72
69.77
71.56
73. 't6
74.63
76.01
77.28
78.48
79.63
34.42
35.03
36,36
37.84
47.63
54,51
59.68
63.72
67.1',|
70.02
72.48
74.55
76.35
77.95
79.43
80.80
82.08
83.28
84.43
85.54
35.69
37.46
39.1 7
51.63
59.57
65.1 8
69.39
72.83
75.76
78.20
80.22
81.97
83.52
84.94
86.28
87.52
88.70
89.84
90.93
91.96
39.37 43.0541.14 60.2257.84 77.49
66.8'1 82.67
72.60 86.1 176.72 88.8580.01 91.1782.78 93.0685.06 94.5886.92 95.8988.51 97.0789.92 98.1891.24 99.27
92.48 100.3093.65 101.3094.76 102.3095,84 1$.2496.90 104.22
97.90 105.1798.89 106.13
2015
201 6
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
t3.36
14.06
t4,42
15.69
r9.37
13.05
)5.45
)8.37
00.90
02.93
06.29
09.69
1 1.35
12.24
13.67
15.66
1 8.50
21.70
24.58
27.84
32.04
36.1 I
38.96
44.14
50.21
56.55
Note: A "seasonal hydro project" is defined as a generation facility which produces at least 55% of its annual generation during the
months of June, July, and August. Order 32802.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20lS,releasedApril '14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http://www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenV
IDAHO POWER COMPANY Page 4
IDAHO POWER COMPANY
AVOIDED COST RATES FOR OTHER PROJECTS
xx xx, 2015
$/MWh
New Gontracts and Replacement Contracts without Full Gapacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
LENGTH
lYtrAFIS\
ON-LINE YEAR
CONTMCT
VtrAFt
NON.LEVELIZED
RATES2015 2016 2017 2014 2019 2020
1
2
J
4
A
A
7
8
9
10
11
12
13
14
15
16
17
18
19
20
33.36
33.70
33.92
34.31
35.17
36.24
39.76
42.62
45.00
46.99
48.78
50.41
51.82
53.04
54.12
55.10
56.01
56.89
57.71
58.50
34.06
34.23
34.68
35.72
36.96
41.16
44.41
47.03
49.19
51.09
52.81
54.30
55.56
56.66
57.66
58.60
59.50
60.34
61.15
6'1.95
34.42
35,03
36.36
37.84
42.94
46.66
49.54
51.84
53.84
55.63
57.1 6
58.44
59,55
60.56
61.50
62.41
63.26
64.08
64.89
65.68
35.69
37.46
39.17
45.52
49.74
52.83
55.20
57.24
59.05
60.57
61.83
62.92
63.90
64.82
65.71
66.56
67.37
68.18
68.98
69.73
39.37 43.0541.14 54.9749.35 59.7054.01 62.5357.15 64.5059.45 66.2061.41 67.74
63.15 69.0064.59 70.0165,76 70.8866.76 71.6767.67 72.4568.54 73.2369,39 73.98
70.20 74.7370.99 75.4971.79 76.2672.58 76.93
73.32 77.7474.OE 76.53
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
33.36
34.06
34.42
35.69
39.37
43.05
67.86
70.37
72.50
74.11
77.05
80.02
81.25
81.70
82.68
84.22
86.59
89.32
91.74
94.51
98.22
10'l .87
104.14
10E.El
't 14.36
120.18
Note: "Other projects" refers to projects other than wind, solar, non-seasonal hydro, and seasonal hydro poects. These "Other projects"
may include (but are not limited to): cogeneration, biomass, biogas, landfill gas, or geothermal projects,
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14,2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http: //www. eia. gov/forecasts/aeo/tables_ref . cfm#su pplemenU
IDAHO POWER COMPANY Page 5
PACIFICORP
AVOIDED COST RATES FOR WIND PROJECTS
xx xx,2015
$/MWh
New Contracts and Replacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVELIZED
CONTRACT
LENGTH
ryEARSI
ON.LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
c
4
5
6
7
8
I
10
11
12
't3
14
't5
16
17
18
19
20
36.21
36.56
36.80
37.21
38.10
39.1 I
40.30
41.34
42.29
43.1 3
43,98
44.81
45.56
46.1 I
46.76
47.29
47.81
48.34
48.84
49.35
36.94
37.14
37.61
38.67
39.93
41 .18
42.32
43.34
44.24
45.13
46.02
46.80
47.45
48.04
48.5E
49.12
49.66
50. t9
50.7 t
51.25
37.35
37.98
39.33
40.84
42.25
43.49
44.57
45.51
46.44
47.37
48.17
48.85
49.44
49.99
50.54
51.10
51.64
52.18
52.74
53.30
38.66
40.45
42.19
43.72
45.02
46.1 3
47.07
48.02
48.97
49.79
50.46
5't.04
51.59
52.14
52.70
53.25
53.81
54.38
54.96
55.52
42.38 46.'t044.17 47.5445.69 48.7146.94 49.7048.01 50.5248.89 51.4349.82 52.3750.76 53.1651.57 53.79
52.21 54.3352.78 54,8453.31 55.37
53.85 55.92
54 40 56.48
54.95 57.05
55.52 57.6556.'10 58.2756.70 58.8657.28 59.4957.88 60.16
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
36.21
36.94
37.35
38.66
42.38
46.10
49. 't0
51.33
53.18
54.51
57.16
59.84
60.78
60.93
61.60
62.83
64.90
67.31
69.40
7'1.85
75.23
78.54
80.46
84.79
89.98
95.45
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April '14, 2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain ai
http://www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
PACIFICORP Page 1
PACIFICORP
AVOIDED COST RATES FOR SOLAR PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON.LEVELIZED
LENGTH
1YtrAFlq\
ON-LINE YEAR
CONTRACT
YEAR
NON-LEVELIZED
RATES2015 2016 2017 2018 2019 2020
1
2
3
4
5
6
7I
9
10
11
't2
'13
14
't5
16
17
18
't9
20
62.42
62.96
63.39
63.98
65.03
66.29
67.57
68.78
69.89
70.89
7't.89
72.87
73.76
74.54
75.25
75.92
76.57
77.22
77.86
78.48
63.54
63.93
64,58
65.82
67.26
68.69
70.00
71 .18
72.24
73.30
74.34
75.27
76.07
76.80
77.49
78.17
78.84
79.50
80.15
80.8'l
64.34
65.1 5
66.70
68.39
69.97
71.39
72.65
73.76
74.85
75.94
76.91
77.74
78.48
79.18
79.87
80.57
81.25
81.92
82.61
83.30
66.04
68.03
69.96
71.68
73.16
74.45
75.56
76.68
77.80
78.78
79.6'1
80.36
81.06
81.76
82.46
83.1 6
83.85
84.55
85.27
85.95
70.17 74.2972.15 75.9373.86 77.2975.30 78.4876.55 79.4977.62 80.5878.73 81.70
79.84 82.67
80.82 83.46
81.63 84.1782.36 84.8583.05 85.5483.74 86.2684.45 86.97
85.15 87.69
85.86 88.43
86.58 89. t987.32 89.93
88.02 90.69
88.76 9'r.49
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
202s
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
62.42
63.54
64.34
66.04
70.17
74.29
77.70
80.35
82.63
84.39
87.48
90.60
91.99
92.59
93.73
95.43
97.98
1 00.87
103.46
106.41
110.29
114.1',|
1 16.56
121.42
127.15
I 33.1 6
Note: These rates will be further adjusted with the applicable integration charge.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook2015,releasedApril14,2015. SeeAnnualEnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http:/Aivww. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
PACIFICORP Page 2
PACIF!CORP
AVOIDED COST RATES FOR NON€EASONAL HYDRO PROJECTS
xx xx, 20,t5
$/MWh
New Contracts and Reolacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON.LEVELIZED
CONTRACT
LENGTH
/YFARS'I
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES2015 2016 2017 20'18 2019 2020
1
2
3
4
5
6
7I
9
10
11
12
'13
14
15
't6
17
18
19
20
59.88
60.40
60.81
61.38
62.42
63.66
64.93
66.1 1
67.21
68.1 9
69.'18
70.15
71.O3
71 .79
72.48
73.14
73.78
74.42
75.04
75.65
60.96
61.33
61.96
63.1 I
64.61
66.02
67.31
68.46
69.52
70.56
71,59
72.50
73.30
74.01
74.69
75.35
76.01
76.66
77.29
77.94
61.72
62.52
64.04
65.71
67.28
68.68
69.92
71.O1
72.10
73.'t7
74.12
74.93
75.66
76.35
77.03
77 .71
78.37
79.03
79.71
80.39
63.38
65.35
67.26
68.96
70.42
71.70
72.80
73.90
75.00
75.96
76.78
77.51
78.20
78.88
79.57
80.25
80.93
81.62
82.33
83.00
67 .47 71.5669.44 73.1I71.13 74.52
72.s5 75.6973.78 76.6874.83 77.7575.92 78.8577.O2 79.8077.98 80.5878.77 81.2879.49 81.94
60.16 82.6180.84 83.3181.54 84.0182.22 84.7182.91 85.44
83.62 86.19
84.35 86.9185.04 87.6665.76 88.45
2015
20'16
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
59.88
60.96
61.72
63.38
67.47
71.56
74.92
77.54
79.77
81.49
84.53
87.6'l
88.96
89.52
90.61
92.27
94.77
97.62
1 00.1 5
1 03.05
1 06.89
't 10.66
't 13.06
1 17.86
123.54
I 29.50
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'sAnnual Energy
Outlook 2015, released April 14, 2015. SeeAnnual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http: //www. eia. gov/forecasts/aeo/tables_ref . cfm#supplemenU
PACIFICORP Page 3
PACIFICORP
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than '10 aMW.
LEVELIZED NON.LEVELIZED
LENGTH
(YEARS)
ON-LINE YEAR
CONTRACT
YEAR
NON.LEVELIZED
RATES201s 2016 2017 2018 2019 2020
I
2
3
4
5
6
7
I
I
10
11
12
13
14
15
16
17
18
't9
20
77.72
78.36
78.89
79.59
80.74
82.11
83.48
84.78
85.99
87.08
88.'l 7
89.24
90.22
91.08
91.87
92.62
93.35
94.07
94.78
95.48
79.06
79.55
80.31
81.66
83.21
84.73
86.1 4
87.42
88.58
89.72
90.85
91.87
92.77
93.58
94.35
95.'l 1
95.86
96.60
97.32
98.05
80.08
81.01
82.66
84.46
86,1 5
87.67
89.03
90.23
9'1.43
92.61
93.67
94.59
95.42
96.21
96.98
97.76
98.52
99.27
1 00.03
100.79
82.01
84.11
86.'l 5
87.98
89.57
90.96
92.1 8
93.40
94.61
95.69
96.62
97.45
98.24
99.03
99.82
100.60
101.37
102.15
102.95
103.70
86.38 90.7488.47 92.49
90.29 93.97
91.85 95.26
93.20 96.3894.38 97.5895.59 98.8196.81 99.8897.88 100.78
98.79 101.5899.61 '102 36
100.40 103.14
't01 . 18 103.95
101.98 104.75
102.77 105.56'103.55 106.39104.36 107 .23105.18 108.05
105.96 108.89
106.77 109.76
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
77.72
79.06
80.08
82.01
86.38
90.74
94.39
97.28
99.80
101.82
1 05.1 6
1 08.54
110.t9
111.07
112.47
114.45
117.27
120.45
123.32
1 26.56
130.74
134.87
137.62
142.79
148.83
1 55.1 6
Note: A "seasonal hydro project" is defined as a generation facility which produces at least 55% of its annual generation during the
months ofJune, July, and August. Order 32802.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook 2015, released April 14,2015. See Annual Energy Outlook 2015, Table 3.8 Energy Prices by Sector-Mountain at
http:/Aauw. eia. gov/forecasts/aeo/tables_ref , cfm#supplemenU
PACIFICORP Page 4
PACIFICORP
AVOIDED COST RATES FOR OTHER PROJECTS
xx xx, 2015
$/MWh
New Contracts and Replacement Contracts without Full Caoacitv Pavments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON.LEVELIZED
CONTRACT
LENGTH
/VFAPA\
ON.LINE YEAR
CONTRACT
YtrAFI
NON-LEVELIZED
PATFS2015 2016 2017 2018 2019 2020
1
2
2
4
5
6
7I
I
10
11
12
13
14
15
16
17
18
19
20
52.97
53.44
53.80
54.33
55.32
56.52
57.74
58.88
59.94
60.88
61.82
62.76
63.59
64.32
64.98
65.60
66.20
66.8'l
67.40
67.98
53.95
54.27
54.85
56.03
57.41
58.77
60.02
61.15
62.15
63.14
64.1 3
65.00
65.76
66.43
67.07
67.70
68.32
68.93
69.54
70.15
54.61
55.36
56.83
58.45
59.98
6't.33
62.53
63.57
64.61
65.64
66.55
67.32
68.01
68.66
69.30
69.94
70.57
71.20
71.84
72.48
56.1 7
58.08
59.95
61.60
63.0'l
64.24
65.29
66.35
67.40
68.33
69. '10
69.79
70.43
71.08
71 .73
72.3E
73.02
73.67
74.34
74.98
60.15 64.1362.06 65.7063.70 66.9965.08 68.1066.26 69.0467.26 70.0768.31 71.1369.36 72.0370.27 72.7671.02 73.4171.69 74.0372.33 74.6672.97 75.3273.62 75.9874.27 76.6474.92 77.3375.59 78.0476.28 78.7376.94 79.44
77 .62 80. 't9
2015
2016
2017
2018
201 I
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
52.97
53.95
54.61
56.17
60.1 5
64.13
67.39
69.89
72.O'.|
73.62
76.55
79.51
80.74
81.18
82.15
83.68
86.05
88.77
91.18
93.95
97.65
101.29
103.55
108.21
1',t3.75
1 19.56
Note: "Other projects" refers to p@ects other than wind, solar, non-seasonal hydro, and seasonal hydro projects. These "Oiher projects"
may include (but are not limited to): cogeneration, biomass, biogas, landfill gas, or geothermal projects.
Note: The rates shown in this table have been computed using the U.S. Energy lnformation Administration (ElA)'s Annual Energy
Outlook20l5,releasedApril 14,2015. SeeAnnual EnergyOutlook20l5,Table3.SEnergyPricesbySector-Mountainat
http: //www. eia. gov/forecasts/aeo/tables_ref . cf m#supplemenU
PACIFICORP Page 5