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HomeMy WebLinkAbout20160623Larkin DI.pdfRECEIVED ?Bl$ ii.iii 22 Pl'l lr: 5h Ii.tlr'\ i5 l!ai] l/^l1,r..l:U l-U:JLIL/- !,,ii l_ ii C:3f,{fo{lSSlON BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OE IDAHO POWER COMPANY' S APPLICATION FOR APPROVAL OE NEW TARIEE SCHEDULE 63, A COMMUNTTY SOIAR PrLOT ) PROGRAM.) ) CASE NO. IPC-E-16-14 rDAHO POWER COMPANY DTRECT TESTIMONY OF MATTHEV'I T. LARKIN 1 Q. Pl-ease state your name, business address, and 2 present position with Idaho Power Company ("fdaho Power" or 3 "Company"). 4 A. My name is Matthew T. Larkin. My business 5 address is l22l West Idaho Street, Boise, Idaho 83702. I 6 am employed by Idaho Power as the Revenue Requirement 7 Manager in the Regulatory Affairs Department. I Q. Please descri-be your educational- background. 9 A. I received a Bachelor of Business 10 Administration degree in Finance from the University of 11 Oregon j-n 2007. In 2008, I earned a Master of Business 72 Administration degree from the Unj-versity of Oregon. I 13 have also attended electrj-c utility ratemaking courses, 74 including the ELectric Rates Advanced Course, offered by 15 the Edison Electric Institute, and Estimation of 16 ELectricity MarginaL Costs and AppTication to Pricing, 71 presented by National Economic Research Associates, Inc. 18 0. Please describe your work experience with 19 Idaho Power. 20 A. I began my employment with Idaho Power as a 2L Regulatory Analyst I in January 2009. As a Regulatory 22 Analyst T, I provided support for the Company's regulatory 23 activities, including compliance reporting, financial 24 analysls, and the development of revenue forecasts for 25 regulatory filings. LARKIN, DI ]- Idaho Power Company In January 20L2, T was promoted to Regulatory 2 Analyst II, and, in January 2014, I was promoted to Senior 3 Regulatory Analyst. As a Senior Regulatory Analyst, my 4 responsibilities expanded to include the development of 5 complex cost-related studies and the analysis of strateglc 6 regulatory j-ssues. In March of 2076, I was promoted to my current I position of Revenue Requirement Manager. As Revenue 9 Requirement Manager, I oversee the Company's reguJ-atory 10 activj-ties related to revenue requirement, such as power 11 supply expense modeling, jurisdictional separation studies, 72 and Idaho Power's Open Access Transmission Tariff Eormula 13 Rate. 1,4 15 O What is the Company requesting in this case? A. The Company is requesting that the Idaho 76 Public Utilities Commission ("Commissj-on") authorize the Ll implementation of a voluntary Community Solar Pilot Program 18 ("Program"). t9 O. Please provide a summary of the proposed pilot 20 Program offering. 21 A. The Company is proposing to buil-d a 500 22 kilowatt (\\kW") single-axis tracking community solar array 23 that wil-1 exist to allow a limited number of Idaho Power's 24 Idaho customers the opportunity to voluntarily subscribe to 25 the generation output of the array. Participating LARKIN, DI 2 Idaho Power Company 1 customers will be required to pay a one-time upfront 2 Subscription Eee ("Subscription Fee") and in return will 3 receive a monthly bill credit ("Solar Energy Credit") for 4 their designated share of the energy produced from the 5 array. The testimonies of David M. Angell and Peter 6 Pengilly will describe in greater detail- the community 7 solar array and the proposed Program design, respectively. I Q. How is the Company's case organized? 9 A. My direct testimony wilt provide the 10 Commission with an understanding of the Company's 11 objectives for offerlng this pilot Program and the unique 72 regulatory considerations that guided its design. My 13 testimony will also summarize the total costs of the L4 proposed Program, the determination of the Solar Energy 15 Credit, the proposed regulatory accounting treatment, and 16 an explanation of why the Program is in the public L7 interest. 18 Mr. AngeJ-1 will provide testimony that wil-I describe 79 the Request for Bid ("REB") process for the selection of 20 the contractor and the resulting cost to build the array. 2L In addition, he will detail the operational aspects of 22 offering the Program. 23 Mr. Pengilly will- present testimony that will- 24 discuss the customer input that l-ed the Company to offer 25 this Program, as wel-l as the Program design. His testimony LARKIN, DI 3 Idaho Power Company 1 2 3 4 5 5 7 8 9 10 11 72 13 1,4 15 t6 t7 18 19 20 2L 22 23 24 2'5 26 wiII further discuss the ongoing costs associated with offering the Program. O. Are you sponsoring any exhibits? A. Yes. f am sponsoring the followlng exhibits: Exhibit No. 1 - the proposed Solar Energy Credit by rate schedule; and Exhibit No. 2 Subscription Eee calculation. I. COMMT'NITY SOI.AR PTLOT PROGRAM DESIG:N OBi'ECTI\IES A}ID CONSIDERATIONS O. What l-ed the Company to consi-der a Community Sol-ar Pilot Program? A. The Company is offering the Program based on expressed interest from some customers who desire to have a portion or all of their energy supplied from renewable resources, specificalJ-y solar. Mr. Pengilly describes in detail the interaction with customers and stakeholders that led to the Company's proposal j-n this case. O. What role does the proposed Community Solar Pilot Program fill wit.h regard to customer preference for sol-ar energy? A.Eor many customers, dj-rect ownership and operatj-on of sofar resources is not desirable or feasible. Customer ownership and operation requires upfront capital- costsr ds wel-I as long-term expenses and liabil-ities associ-ated with system operation and maintenance. Beyond LARKIN, DI 4 Idaho Power Company 1 2 3 4 5 o 7 I 9 10 11 T2 13 74 15 I6 77 18 19 20 2t 22 cost considerations, rooftop or ground-mounted solar instal-Iations are feasible only for certain property owners. Customers who reside in rental properties, multi- unit dwellings, or townhomes are necessarily l-imited in their optj-ons, dS well as customers that have aging rooftops, shadi-ng, or unsuitabl-e rooftop orientation. The Company's proposed Community Solar Pil-ot Program is designed as an alternative to customers who fa1l into the various categories mentioned above. Additionally, with regard to cost, a 2075 study commissioned by First Sol-ar and authored by The Brattle Group found that utility-scale photovoltaic ("PV") systems are significantly more cost- effective than residential-scale PV systems when considered as a vehicle for achieving the economic and policy benefits commonly associated with PV sol-ar.1 o.Does the Company currently have a load-serving need for the proposed solar resource? A.No. As indicated by the Company's 20L5 Integrated Resource Plan ("IRP"), the Company is resource suf f icient until 2024.2 As dj-scussed above, the Company's proposal in this case was driven by customer preference rather than load-servj-ng need. 1 Comparative Generation Costs of Utility-Scale and Residential- Scafe PV in Xcel Energy Colorado's Service Area, July 2015. 2 ldaho Power's 2015 IRP, page 119. LARKIN, DI 5 Idaho Power Company 1 2 3 0.Because there is no current need for the proposed sol-ar resource from a l-oad-serving perspective, how did the Company approach pricing and design for the IT. COMMUNITY SOI.AR PILOT PROGRAM COSTS O. What is lncluded in the Subscription Eee of 4 proposed Program? A.The pricing methodology for the Subscription 6 Fee and the overall Program design is intended to result in 7 Program participants covering the full cost of the project 8 (Iess the shareholder subsidy detailed below) with nominal- 9 impact to non-participating customers assuming full- 10 subscriptlon. Because there is no existing load-serving 11 need to construct the solar array, the pricing and design 1,2 of the Program should ensure that the incremental costs of 13 the Program are borne by customers who choose to 74 participate j-n this optional pilot, while limiting the 15 potential for non-participating customers to be assigned L6 Program-related costs. t1 1B 19 the proposed Program? 20 A.The Company is proposing a cost-based method 27 of pricing whereby the Company has set the Subscription Eee 22 for participants to reflect the cost to construct and 23 interconnect the sol-ar PV facility, less an TDACORP, lnc., 24 sharehol-der contribution of 15 percent, dS well as ongoing 25 costs such as operatlons and maintenance expense (*O&M") LARKIN, DI 6 Idaho Power Company 1 2 3 4 5 6 7 I 9 10 11 12 13 74 15 1,6 t1 18 L9 20 2L 22 23 24 25 and property tax. Estimated incremental costs associated with marketing the Program have been incorporated into the Subscription Eee as wel-l. o. the Program? A.No. The proposed l-ocatlon at the Boise Bench substation, described in more detail by Mr. Angel1, is l-and that is currentl-y in the Company' s plant- j-n-service. The Company bel-ieves that the construction of the array will not affect the utllity use of the parcel. 0. How did the Company determine the costs to be reflected in the Subscription Eee? A.As described in the testimony of Mr. Angell, the Company submitted a RFB to establish firm costs to construct the proposed community solar array. The cost to construct provided by the selected contractor is $1,158,763. Mr. Ange1l's testimony also details additional interconnection costs to connect the solar facility to Idaho Power's grid of $81,000. In his testimony, Mr. Pengilly describes the ongoing expenses reflected in the total- project cost, including incremental expected OeM for the life of the project, property taxes, and $50,000 for incremental Program marketing expenses. LARKIN, DI 7 Idaho Power Company Are land costs incl-uded in the total cost of 1 2 3 4 5 6 I 9 10 11 72 13 l4 15 t6 71 18 79 20 2! 22 23 24 25 o.Does the Company project to receive federal Investment Tax Credj-ts (*ITC") for the Program? A.Yes. Under current Iaw, the 30 percent ITC for eligible facilities wil-l- be avail-able through 2079. The ITC will be subject to normal-ization, ds required for public utilities by the Internal Revenue Code. o.Did the Company pass on the ITC benefits to customers in this Program? A. Yes. The calculation of the upfront Subscription Fee recognizes the ITC benefits in the same manner as the Company records them for income tax accounting purposes. a. A. Will the Company No. AIl project earn a return on the project? costs are borne by the and the Company wil-l notvol-untary participants upfront, earn a return on this project. O. Why is the Company proposing to j-nclude a shareholder-funded subsldy of 15 percent of the solar facility construction costs? A.The Company is buiJ-ding a solar facility that is smaller in sj-ze than what is consldered the industry standard for "utility scal-e" solar. As detailed j-n Mr. Pengilly's testi-mony, one of the learning objectives of the Community Solar Pilot Program is to gauge customer commj-tment toward participating in a communj-ty solar LARKIN, DI 8 Idaho Power Company 1 2 3 4 5 6 1 8 9 10 11 t2 13 L4 1_5 L6 L7 18 19 20 27 22 23 24 25 option, potentially to inform a larger scale offering in the future. Because larger projects achieve economies of scale in relation to the 500 kW system proposed in this Program, the Company has committed to a contribution of 15 percent of the sol-ar facility costs to help facj-Iitate this learning objective. o.How did the Company determine that a 15 percent shareholder funding was appropriate? A.The Company arrived at a 15 percent contribution through the REB process. In the RFB process, the Company requested that the bidders provide an alternate bid f or the full buil-d-out of the sel-ected site. The difference in price per kW between the proposed project (500 kW) and the fuII build-out (approximately 1 megawatt (*MW") ) was approximately 15 percent. The Company believes that the 15 percent difference in price represents the economies of scal-e that a larger project would experience as compared to the pllot Program. 0. Please quantify the shareholder funding contribution. A.As discussed above, the shareholder contribution is cal-culated as 15 percent of the cost to construct the solar facility. Based on the cost provided by the successful contractor of $1,158,769,15 percent is approximately $173, 815. LARKIN, DI 9 Idaho Power Company O. What is the resulting Subscription Fee after 2 taking into account the costs described above? A. Based on the costs described above, less the 4 shareholder contributj-on of 15 percent, the proposed 5 Subscription Fee is $740, the equivalent of a 320 watt 6 (*W") panel, ds shown in Exhibit No. 2. The Subscription 7 Eee is a one-time upfront payment that wil-l- result in a 8 Solar Energy Credit on the customer's monthly bill for the 9 25-year life of the Program. 10 11 O. How many subscriptions will be avail-abl-e? A. There will be approximately 1,563 12 subscriptions available. The Company determined that the 13 total- number of subscriptions available shoul-d be the 74 equivalent of the number of panels equal to the project's 15 expected capacity of 500 kW. As Mr. Ange11 details in his 76 testimony, the selected contractor will install 320 W 77 panels. Based on this information, the number of 18 subscriptions is cal-cul-ated as foll-ows: (a) 500kW x 1,000 : L9 500,000W, (b) 500,000W + 320W : 1,563. 20 O. Did the Company consider other payment options 2L for the Program aside from the upfront Subscription Fee? 22 A. Yes. The Company also considered a monthly 23 payment option, but determined the upfront Subscription Fee 24 was the least risk in terms of potential- unrecovered costs 25 for both the Company and non-participating customers. LARKTN, Dr 10 Idaho Power Company 1 2 3 4 5 6 1 I 9 10 11 L2 13 74 15 16 L1 1B 19 20 27 22 23 24 25 O.Why is the Company proposing the upfront Subscription Eee rather than the monthly option? A. In light of the fact that the pilot Program is designed solely for the subscrlbers of the Program and in recognition that the Company's need for additional generation does not occur until 2024, the Company felt that the financial risk for non-participants and the Company would be too great under the monthly payment option if panels went unsubscribed throughout the l-ife of the Program. Under the monthJ-y payment option, if customers were to drop out of the Program prematurely, the remaining unpaid portion of the subscription would be borne by the Company and/or non-participating customers. This risk does not exist under the upfront Subscriptj-on Fee option. O. Is the Company investigating a third-party financing option that would effectively provide participants with a monthly payment option? A.Yes. The Company has reached out to several lending institutions to see if there is interest j-n offering a special rate for financing of a community solar subscrlption. This option is stil-I currently in-process. If there is interest by a third-party lender, the Company will make this offering known to prospective subscrj-bers during the recruitment period. LARKTN, Dr 11 Idaho Power Company 1 2 3 4 5 6 1 8 9 10 11 t2 13 74 15 t6 1_'t 18 1,9 20 2L 22 23 24 o. production A. IIT.SOI,AR EIIERGY CREDIT ATiID BILL OFE'SETS How will a participant's monthly energy be calculated? The total energy output of the array will be The of their measured on a monthly basis at a production meter connected at the generation source. Line losses of 3.3 percent, as described by Mr. Angel1, will be applied to the total output to determine loss-adjusted actual production. resulting energy will be divided by the total number subscriptions, and participants will receive their proportionate share of the energy conrmensurate with level of subscriptj-on. The forecast annual energy per subscrj-ption j-s approximately 638 kV,Ih.3 o.What is the credj-t that participants w111 recej-ve for their share of the sol-ar production? A.The Company is proposing a per kilowatt-hour ("kVllh") Sol-ar Energy Credit for the solar production. The Solar Energy Credit is based on the Company's embedded energy-related costs as determj-ned by the most recently reviewed cl-ass cost-of-service methodology filed in Case No. IPC-E-11-08, adjusted to reflect revenue requirement changes that were subsequently authorized by the Commission which lmpact the authorized l-evel of energy-related cost recovery. 3Estimated average annual- loss-adjusted energy of 996,977 kwh + 1,563 subscriptj-ons : 638 kwh/year per subscription. LARKTN, Dr 72 Idaho Power Company 1 2 3 4 5 6 7 B 9 10 11 12 13 L4 15 L6 71 18 19 20 2L 22 23 24 25 O. Please describe what kinds of costs are classified as "energy-rel-ated" in the class cost-of-service study. A.Consi-stent with the cost-of-service methodology in the Company's last general rate case, energy-related costs are general-ly the varj-abl-e costs associated with the operation of the generating pJ-ants, such as fuel. However, due to the hydro production capability of the Company, a portj-on of the hydro and thermal generating plant investment has historically been classified as energy related. 0. Why should the Sol-ar Energy Credit reflect embedded energy-related costs? A.Providing particlpants with a bil-I credit based on embedded energy costs reflects the general concept that participants are choosing to subscribe to the community solar facility for a portion of their electricity supply rather than recej-ving electricity generated from the Company's overall system resources. By basing the bil-1 credit on embedded energy-related costs, the Solar Energy Credlt allows for a transparent and repeatable methodology that can be easily updated over time. Thi-s methodology will ensure that participating customers are able to offset the energy-related portion of base rates, while still contributing to the recovery of fixed costs related to LARKTN, Dr 13 Idaho Power Company 1 infrastructure needed to serve all customers, as well as 2 other non-variable costs, such as customer service and 3 billing. The Company believes this methodology is 4 consj-stent with the objective of limiting adverse rate 5 impacts to non-particlpating customers. O. Will- the Sol-ar Energy Credit be fixed for the 7 life of the Program? A. No. The Company proposes to update the Solar 9 Energy Credit as needed based on changes to its embedded 10 energy-related costs recovered through base rates. 11 O. Does the Company's proposed Solar Energy 72 Credit reflect the seasonal- production of the proposed 13 solar facility? 74 A. Yes. The Company is proposing a Sol-ar Energy 15 Credit that refl-ects the seasonal nature of solar L6 production. The energy produced at a solar facility in 71 Idaho w1ll experi-ence peak production in the summer months 18 when energy costs are generally higher. By incorporating 79 this seasonality, the Solar Energy Credit will- be 20 reflecti-ve of the seasonal differences in the cost of 2t energy. 22 O. Is the Company proposing to reflect the 23 seasonal nature of the sol-ar production by offerj-ng 24 seasonal Sol-ar Energy Credit rates? 25 LARKIN, DI 14 Idaho Power Company 1 2 3 4 5 6 1 I 9 10 11 L2 13 74 15 t6 L7 18 19 20 2L 22 23 24 25 A.No. Eor billing simplicity and ease in customer understanding, the Company is proposing a single Solar Energy Credit rate for each class; however, these year-round rates were appropriately adjusted to refl-ect the summer/non-surnmer weighting of solar production. O. How will the community solar bill credit be calculated? A.The community solar bill credit will- equal- the product of (a) the proposed Solar Energy Credit rate specified in tariff Schedule 63 and (b) the subscriber's share of the total monthly production for that month. The total dol1ar value of the Solar Energy Credit reflected on a customer's biII wiII fluctuate monthly as productj-on from the solar facility fluctuates. 0.Witt participation in the Program affect any other components of a customer's bill? A.Yes. The Company is proposing that the participant's share of the monthly output will al-so be applied as a kwh credit toward billed kwh subject to the annual Power Cost Adjustment ("PCA") rate. As detailed above, participation in the Community Solar Pilot Program is effectively replacing energy supplied from the Company's existing resources and recognizi-nq that the energy produced from the sol-ar facility has no varj-abIe fuel cost component. Because the Sol-ar Energy Credit reflects the LARKIN, DI 15 Idaho Power Company 1 embedded energy-related cost in base rates, the partj-cipant 2 should also be able to offset year-over-year variations in 3 these energy-related costs tracked through the PCA. a. Has the Company provided an example of a 5 residential- participant's bill? A. Yes. Company witness Mr. Pengilly provides a 7 billing exampJ-e for the average residential customer as 8 Exhibit No. 4 to his testimony. 9 10 IV. REGT'I,ATORY ACCOT'NTING TREATL{ENT O. Pl-ease describe the objective of the proposed 11 regulatory accounting treatment for the Program. 72 A. The key regulatory accounting objective of the 13 Program is that non-participants will not bear any t4 incremental costs of the Program. 15 a. Please describe the Company's proposed 76 accounting for the project. l7 A. The project will be considered utility plant 18 and will- close to el-ectric plant-in-service, Federal Energy 19 Regulatory Commj-ssion ("EERC") Account 101, in the same 20 manner as any other Company-owned asset. The shareholder 2L contribution of 15 percent of the plant-related costs wil-I 22 be written off of the plant-in-service account and the 23 Company wil-l- record a Contribution in Aid of Construction 24 (CIAC) for the remaining balance assuming a 100 percent 25 subscription rate. The combination of the two entries will LARKIN, DI L6 Idaho Power Company l- ef fecti-veIy zero out the plant bal-ance on the Company's 2 books. The portion of the upfront Subscription Fees 3 related to ongoing costs such as incremental O&M, 4 marketing, and property tax wj-]1 be recorded a deferred 5 revenue account. The balance of the deferred revenue 6 account will be amortized over the life of the project. 7 Q. How will the Company ensure that the Program 8 is neutral for non-participants? 9 A. The community solar plant-related costs will 10 be zero on the Company's books based on the accounting 1l- entri-es described above; therefore, any future change in 72 base rates will excJ-ude any communj-ty solar plant-related 13 costs. With regard to incremental Program expenses L4 (marketing, ongoing O&M, property taxes), during future 15 ratemaking proceedings, a test year adjustment wil-1 be made 1,6 based on the annual amortization of the deferred revenue 77 account. The result of the adjustment wiII effectively 18 offset the ongoing incremental costs of the Program in the 19 Company's revenue requirement determinatj-on in future rate 20 cases. 2L However, it should be noted that because the annual 22 amortization amount w11l- be based on estimated costs, 23 actual costs may differ from that estimate. The Company 24 does not believe these differences will- result in material 25 LARKTN, Dr L7 Idaho Power Company 1 2 3 4 5 6 1 B 9 10 11 72 13 74 15 t6 \1 18 79 20 2t 22 23 24 25 costs or benefits being assigned to non-participating customers in the future. O. Is the Company planning to track differences between estimated and actual costs through the life of the Program? A.No. While the deferred revenue account wil-1 be amortized over the life of the Program, the Company does not intend to track differences between estimated costs embedded in the upfront Subscription Eee and actual costs incurred throughout the life of the Program. V. PI'BLIC INTEREST 0.Why does the Company believe offering the Community Solar Pilot Program is in the public interest? A.The Company bel-ieves the pilot Program is in the public interest because the Program is the direct resul-t of customers expressing their desire for additional choices when it comes to renewable energy. By offering access to community solar on a pilot basis, the Company is hoping to expand the renewable energy options avai1able to customers who are interested in supporting sol-ar energy. In addition, participation through a Company-sponsored renewable energy program provJ-des for better consumer protectj-on through Idaho Power's regulated business practices as compared to third-party install-ations or leas j-ng of roof top sol-ar installations. LARKIN, DI 18 Idaho Power Company 1 2 3 4 5 6 1 I 9 10 11 L2 13 74 15 1,6 t1 18 79 20 2L 22 23 24 25 A.The Program is structured to minimize the impacts to non-participating customers while offering a community solar project in the most cost-effective way possible. The Company's proposal is designed such that the costs associated with this customer option are borne by those customers who choose to pursue the option. a.What benefits will the Community So1ar Pilot Program bring to the Company? A.As discussed in the testimonies of Mr. Pengilly and Mr. Ange11, the Company will use the Community Sol-ar Pilot Program as a learning opportunity. The Company wiII evaluate each aspect of the Program to determine what areas could be improved upon and identify best practices in the event the Company proposes additional community solar projects in the future. vr. coNcLusroN 0. interest? o. A. How is the Program design in the public Please summarize your testimony. The Company is requesting that the Commission approve the proposed vol-untary Community Solar Pilot Program. The proposed Program is the dj-rect result of customers who have expressed a desire to have a portion or al-l- of their energy supplled from renewable resources. Because the Program is the result of customer interest and LARKTN, Dr 19 Idaho Power Company 1 there is no l-oad-serving need to construct the proposed 2 solar facility, the Program has been designed such that the 3 costs of offering the Program are borne by the 4 participants. fn return for their participation, Program 5 participants wil-l receive a monthly bilt credit for the 25- 6 year term of the Program. The proposed Solar Energy Credit 7 rate reflects the Company's embedded energy-related costs. 8 Additionally, the Company is proposing the participant's 9 share of the monthly output a.l-so be applied as a kvflh credit 10 toward billed kwh subject to the annual PCA rate. Offering 11 the Program as a pilot will provide a learning opportunity 12 that may inform additj-onal- community solar projects in the 13 future. The Company believes that the Program, as 74 proposed, is in the public interest and shoul-d be approved. 15 O. Does this complete your testimony? 16 A. Yes, it does. t1 18 79 20 2L 22 23 24 25 LARKIN, DI 20 Idaho Power Company 1 2 3 4 5 6 7 I 9 10 11 L2 13 14 15 L6 1,7 18 19 20 2L 22 23 24 25 26 21 28 29 STATE OF IDAHO County of Ada ATIESTATIOII OF TESTIIONI QQ l, Matthew T. Larkin, having been duly sworn to testify truthfully, and based upon my personal knowledge, state the following: I am employed by fdaho Power Company as the Revenue Requirement Manager J-n the Regulatory Affairs Department and am competent to be a witness in this proceeding. f declare under penalty of perjury of the laws of the state of fdaho that the foregoing pre-filed testimony and exhibits are true and correct to the best of my information and belief . DATED this 22"d d.ay of June , 20\6. June, Matthew T. Larkin SUBSCRIBED AND SV{ORN to before me this 22"d d.ay of 20]-6 f,i{*^Y f i LARKTN, DI 21. fdaho Power Company Notdry or Idaho Residing at: expares:My commissionfrl*".'2,u!": BEFORE THE IDAHO PUBLIG UTILITIES COMMISSION cAsE NO. IPC-E-16-14 IDAHO POWER COMPANY LARKIN, DI TESTIMONY EXHIBIT NO. 1 ldaho Power Company Gommunity Solar Pilot Program Solar Energy Gredit by Rate Schedule Schedule 1and5 7 9S 9P and 9T 19 24 26 29 30 Description Residential Service Small General Service Large GeneralService Large General Service Large Power Service lrrigation Service Micron Special Contract Simplot Special Contract DOE SpecialContract Solar Enerov Credit G oer kWtr 3.0246 3.0209 2.9936 2.7352 2.7735 2.6559 2.5167 2.5371 2.4915 Exhibit No. 1 Case No. IPC-E-16-14 M. Larkin, IPC Page 1 of 1 BEFORE THE IDAHO PUBLIG UTILITIES COMMISSION GASE NO. IPC-E-16-14 IDAHO POWER GOMPANY LARKIN, DI TESTIMONY EXHIBIT NO.2 6e rid m 66di6666 -6ddd-o-, o-, \o-o-t-o-o-.o6 @ ad6@60do o6{(o6 N Oid6tsts6-0-.6-. \A-N-A_a-a-'o6 @ oda@66 d6 0 666644 @o I o I Nohdoo Ioioi d di.iddoioim d d --i i NO O 66d666o6 F OdO@66Qm I o | ts66d66 |oioi qt nii+d60'dod oo o 600@@@o6 N Od6tsOO10-,m. 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