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Home My WebLink About20160601Final Approved Schedule 55.pdfldaho Power Company Tenth Revised Sheet No. 55-1 Cancels |.P.U.C. No. 29. Tarffi No. 101 Ninth Revised Sheet No. 55-1 SCHEDULE 55 POWER COST ADJUSTMENT APPLICABILITY This schedule is applicable to the electric energy delivered to all ldaho retail Customers served under the Company's schedules and Special Contracts. These loads are referred to as 'Tlrm" load for purposes of this schedule. BASE POWER COST The Base Power Cost of the Company's rates is computed by dividing the sum of the Company's power cost components by firm kWh sales. The power cost components are segmented into three categories: Category 1, Category 2 and Category 3. Category 1 power costs include the sum of fuel expense and purchased power expense (excluding purchases from cogeneration and small power producers), less the sum of off-system surplus sales revenue and revenue from market-based special contract pricing. Category 2 power costs include purchased power expense from cogeneration and small power producers. Category 3 power costs include demand response incentive payments. The Base Power Cost is 2.0907 cents per kWh, which is comprised of Category 1 power costs of 1.0963 cents per kWh, Category 2 power costs of 0.9138 cents per kWh and Category 3 power costs of 0.0806 cents per kWh. PROJECTED POWER COST The Projected Power Cost is the Company estimate, expressed in cents per kWh, of the Category 1, Category 2 and Category 3 power cost components for the forecasted time period beginning April 1 each year and ending the following March 31. The Projected Power Cost is 2.4435 cents per kWh, which is comprised of Category 1 power costs of 1.3066 cents per kWh, Category 2 power costs of 1.0839 cents per kWh and Category 3 power costs of 0.0530 cents per kWh. TRUE-UP AND TRUE-UP OF THE TRUE-UP The True-up is based upon the difference between the previous Projected Power Cost and the power costs actually incurred. The True-up of the True-up is the difference between the previous year's approved True-Up revenues and actual revenues collected. The total True-up is 0.2765 cents per kWh. EARNINGS SHARING Order Nos. 30978 and 32424 directed the Company to share a portion of its earnings above a certain threshold with customers through the annual Power Cost Adjustment. The following rate schedules will receive a rate reduction benefit associated with the Company's 2014 earnings in the form of a cents per kWh rate. The Company's Special Contract customers will receive rate reduction benefits associated with the Company's 2014 earnings in the form of a monthly credit for each month of the rate effective period. Schedule 1 3 5 7 9S 9P Description Residential Service Master Metered Mobile Home Park Residential - Time-of-Day Pilot Plan Small General Service Large General Service - Secondary Large General Service - Primary d per kWh (0.0280) (0.0267) (0.026e) (0.0355) (0.0210) (0.0183) IDAHO lssued per Order No Effective - June 1, 2016 lssued by IDAHO POWER COMPANY Timothy E. Tatum, Vice President, Regulatory Affairs 1221 West ldaho Street, Boise, ldaho IDAHO PUBLIC UTILITIES COMMISSION Approved Effective May 27, 2016 June 1, 2016 Per O.N. 33526 Jean D. Jewell Secretary ldaho Power Company Fifth Revised Sheet No. 55-2 Cancels |.P.U.C. No. 29. Tariff No. 101 Fourth Revised Sheet No. 55-2 SCHEDULE 55 POWER COST ADJUSTMENT (Continued) EARNINGS SHARING (Continued) 26 29 30 9T 15 195 19P 197 24 40 41 42 Schedule 1 3 5 7 9S 9P 9T 15 19S 19P 197 24 40 41 42 Large General Service - Transmission Dusk to Dawn Lighting Large Power Service - Secondary Large Power Service - Primary Large Power Service - Transmission Agricultural I rrigation Service Unmetered General Service Street Lighting Traffic Control Lighting Monthlv Credit Micron Simplot DOE Description Residential Service Master Metered Mobile Home Park Residential - Time-of-Day Pilot Plan Small General Service Large General Service - Secondary Large General Service - Primary Large General Service - Transmission Dusk to Dawn Lighting Large Power Service - Secondary Large Power Service - Primary Large Power Service - Transmission Ag ricultural I rrigation Service Unmetered General Service Street Lighting Traffic Control Lighting Micron Simplot DOE (0.01e8) (0.0610) (0.0182) (0.0161) (0.01s4) (0.022e) (0.0251) (0.038e) (0.0178) ($5,729.44) ($2,162.14) ($2,290.34) TRANSFER OF DEMAND SIDE MANAGEMENT T'DSM,) RIDER FUNDS The following rate schedules will receive a rate reduction benefit associated with the transfer of DSM Rider funds in the form of a cents per kWh. 26 29 30 0 per kWh (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284 (0.0284) (0.0284) (0.0284) (0.0284) (0.0284) (0.0284) (0.0284) IDAHO lssued per Order No. Effective - June 1, 2016 lssued by IDAHO POWER COMPANY Timothy E. Tatum, Vice President, Regulatory Affairs 1221West ldaho Street, Boise, ldaho IDAHO PUBLIC UTILITIES COMMISSION Approved Effective May 27, 2016 June 1, 2016 Per O.N. 33526 Jean D. Jewell Secretary ldaho Power Company Fourth Revised Sheet No. 55-3 Cancels |.P.U.C. No. 29. Tariff No. 101 Third Revised Sheet No. 5$3 SCHEDULE 55 POWER COST ADJUSTMENT (Continued) POWER COST ADJUSTMENT The Power Cost Adjustment is the sum of: 1) 95 percent of the difference between the Projected Power Costs in Category 1 and the Base Power Costs in Category 1;2) 100 percent of the difference between the Projected PowerCosts in Category 2and the Base PowerCosts in Category2; 3) 100 percent of the difference between the Projected Power Costs in Category 3 and the Base Power Costs in Category 3; 4) the True-ups; 5) Earnings Sharing; and 6) the transfer of DSM Rider funds. The monthly Power Cost Adjustment rates applied to the Energy rate of all metered schedules and Special Contracts are shown below. The rates below do not include the monthly Earnings Sharing credits for each of the Special Contract customers (Schedules 26, 29, and 30). The monthly Power Cost Adjustment applied to the per unit charges of the nonmetered schedules is the monthly estimated usage times the cents per kWh rates shown below. Schedule 1 3 5 7 9S 9P 9T 15 19S 19P 197 24 40 41 42 26 29 30 EXPIRATION d per kWh 0.5623 0.5636 0.5633 0.5548 0.5693 0.5720 0.5704 0.5292 0.5721 0.5742 o.5749 o.5674 0.5651 0.5514 0.5725 0.5903 0.5903 0.5903 Description Residential Service Mastered Metered Mobile Home Park Residential - Time-of-Day Pilot Plan Small General Service Large General Service - Secondary Large General Service - Primary Large General Service - Transmission Dusk to Dawn Lighting Large Power Service - Secondary Large Power Service - Primary Large Power Service - Transmission Agricultural lrrigation Service Unmetered General Service Street Lighting Traffic Control Lighting Micron Simplot DOE The Power Cost Adjustment included on this schedule will expire May 31 ,2017. IDAHO lssued per Order No Effective - June 't, ZOrc lssued by IDAHO POWER COMPANY Timothy E. Tatum, Vice President, Regulatory Affairs 1221West ldaho Street, Boise, ldaho IDAHO PUBLIC UTILITIES COMMISSION Approved Effective May 27, 2016 June 1, 2016 Per O.N. 33526 Jean D. Jewell Secretary