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HomeMy WebLinkAbout20130520Reply Comments.pdfIN THE MATTER OF THE APPLICATION OF IDAHO POWER COMPANY FOR AUTHORITY TO IMPLEMENT POWER COST ADJUSTMENT MECHANISM (PCA) RATES FROM JUNE 1,2013 THROUGH ) MAY 31,2014 The Industrial Customers of Idaho Power (“ICIP”)by and through their attorney of record,Peter J.Richardson.hereby provides the following reply comments to Staffs initial comments in the above captioned docket. The ICIP is highly appreciative of the Staffs recommendation to mitigate this year’s unprecedented increase in the PCA.The ICIP is also appreciative of the Company’s willingness to mitigate the increase.Given that Idaho Power’s earnings are healthy and cash flow positive, as noted in the ICIP’s opening comments,there is no pressing need to compress the recovery of this extraordinary increase into a two year time frame.As the United States Department of Energy observed in its Comments The Department respectfully suggests that a first year single digit percentage increase should be the cap adopted by the Commission in this case for all individual customer classes and special contract customers.Any remaining balance due to the Company could be amortized over the subsequent two years with the single digit percentage increase cap applying again in the second year.If adopted,this will reduce the risk that Peter J.Richardson ISB #3195 Gregory M.Adams ISB #7454 RICHARDSON &O’LEARY PLLC ?13 ‘(9Q j(j: 515N.27th Street Boise,Idaho 83702 - Telephone:(20$)938-2236 Fax:(20$)938-7904 peter;richardsonando1earv.com greg@richardsonandoleary.com Attorneys for the Industrial Customers of Idaho Power BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION )CASE NO.IPC-E-13-1O ) )REPLY COMMENTS OF THE )INDUSTRIAL CUSTOMERS OF )IDAHO POWER rate shock will unnecessarily and adversely affect energy intensive customers and Idaho’s economy,with negative effects which could extend for years. The United States DOE and the Industrial Customers agree,a double digit increase is not necessary for Idaho Power’s health and would have untold potential to harm its customers.The Commission is respectfully urged to mitigate the impact of this requested increase over a three year period by holding the increase to single digit percentage increase in each year. RESPECTFULLY SUBMITTED this 20TH day of May 2013 Richardson &O’Leary,PLLC By 92(Q, Peter J.Richardson Industrial Customers of Idaho Power CERTIFICATE Of SERVICE I hereby certify that on 20th day of May 2013,copies of the foregoing Reply Comments of the Industrial Customers of Idaho Power were hand delivered to: Julia Hilton Scott Wright Jean Jewel Lisa Nordstrom Gregory Said Secretary Idaho Power Company Idaho Power Company Idaho Public Utilities Com’n 1221 West Idaho 1221 West Idaho 472 West Idaho Boise,Idaho $3702 Boise,Idaho $3702 Boise,Idaho $3702 jhi1tonçidahopower.com said(idahopower.com jean.jewel1(puc.idaho.gov And mailed via U.S.Mail and email to: Steven A.Porter Assistant General Counsel for Electricity and fossil Energy United States Department of Energy 1000 Independence Ave Washington,DC 20585 REPLY COMMENTS Of THE TNDUSTRIAL CUSTOMERS Of IDAHO POWER IPC-E-12-17 PAGE 2 Steven.porter(1Ithg.doe.gov Nina Curtis Administrative Assistant REPLY COMMENTS OF THE fNDUSTRIAL CUSTOMERS OF iDAHO POWER IPC-E-12-17 PAGE 3