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HomeMy WebLinkAbout20161108Errata.pdfLISA D. NORDSTROM Lead Counsel lnordstrom@idahopower.com November 8, 2016 VIA HAND DELIVERY Jean D. Jewell, Secretary Idaho Public Utilities Commission 472 West Washington Street Boise, Idaho 83702 f\c CEI VED 201 & NOV -8 PM l,: 02 i •.• ,·, :c 1·LJB LIC · 1. ·rF~: f:OMM ISSION Re: Case No. IPC-E-16-23 An IDACORP company Idaho Power's Application to Increase Rates Due to Revised Depreciation Rates for Electric Plant-In-Service -Errata to Application Dear Ms. Jewell: Enclosed for filing in the above matter are an original and seven (7) copies of the Errata to the Application filed in this matter on October 21, 2016. The Application contains a typographical error in paragraph 8 on the reference to the overall increase of the proposed rate change. Therefore, Idaho Power Company is filing the enclosed Errata in order to correct the error. If you have any questions about this Errata or this matter, please do not hesitate to contact me. LDN/kkt Enclosures Very truly yours, x~ 12. 11__~ Lisa D. Nordstrom LISA D. NORDSTROM (ISB No. 5733) Idaho Power Company 1221 West Idaho Street (83702) P.O. Box 70 Boise, Idaho 83707 Telephone: (208) 388-5825 Facsimile: (208) 388-6936 lnordstrom@idahopower.com Attorneys for Idaho Power Company RECE I /ED 2Glfi NO'/ -8 PM 4: 02 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE APPLICATION ) OF IDAHO POWER COMPANY FOR ) AUTHORITY TO INCREASE ITS RATES ) DUE TO REVISED DEPRECIATOIN ) RATES FOR ELECTRIC PLANT-IN-) SERVICE. ) CASE NO. IPC-E-16-23 ERRATA TO APPLICATION On October 21, 2016, Idaho Power Company ("Idaho Power" or "Company") filed an Application for an order granting the Company authorization, effective June 1, 2017, to: (1) institute revised depreciation rates for the Company's electric plant-in-service, based upon updated net salvage percentages and service life estimates for all plant assets, and (2) adjust Idaho jurisdictional base rates to reflect the revised depreciation rates. In that Application, Idaho Power had a typographical error on the reference to the overall increase of the proposed change: 8. The Company proposes to allocate the increase in depreciation expense using the Jurisdictional Separation Study methodology consistent with that utilized to determine the Idaho jurisdictional revenue requirement in Case No. IPC-E-11-08. The Company requests that the incremental ERRATA TO APPLICATION-1 revenue requirement of $6,672,588 be recovered from customers through a uniform percentage increase to all base rate components except the service charge . The proposed change equates to an overall increase of 0.48 percent as set forth in Attachment No. 3. Idaho Power Application at 5. Therefore, Idaho Power hereby files this Errata to correct the typographical error referencing the proposed overall increase: 8. The Company proposes to allocate the increase in depreciation expense using the Jurisdictional Separation Study methodology consistent with that utilized to determine the Idaho jurisdictional revenue requirement in Case No. IPC-E-11-08. The Company requests that the incremental revenue requirement of $6,672,588 be recovered from customers through a uniform percentage increase to all base rate components except the service charge. The proposed change equates to an overall increase of 0.59 percent as set forth in Attachment No. 3. DATED at Boise, Idaho, this 8th day of November 2016. &2 ~ LISA D. NORDST M Attorney for Idaho Power Company ERRATA TO APPLICATION - 2