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HomeMy WebLinkAbout20190805order_no_34399.pdfOffice of the Secretary Service Date August 5,2019 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE APPLICATION )CASE NO.IPC-E-19-14 OF IDAHO POWER FOR APPROVAL OF A )POWER PURCHASE AGREEMENT WITH )NOTICE OF SUSPENDED JACKPOT HOLDINGS,LLC,FOR THE )COMMENT PERIOD SALE AND PURCHASE OF UP TO 220 )MEGAWATTS OF RENEWABLE SOLAR )ORDER NO.34399 GENERATION ) On April 4,2019,Idaho Power Company ("Idaho Power"or "Company")filed an Application seeking approval of a Power Purchase Agreement ("PPA"or "Agreement")with Jackpot Holdings,LLC ("Jackpot Solar")for energy generated by the Jackpot Solar Facility with an option to purchase energy generated by the adjacent Franklin Solar Facility. On April 25,2019,the Commission issued a Notice of Application and Notice of Intervention Deadline.Order No.34321.No parties intervened. On June 5,2019,the Commission issued a Notice of Modified Procedure,setting a comment deadline of July 23,2019 and a reply comment deadline of August 6,2019.Order No. 34353. On July 19,2019,the Company filed a letter stating that the Company could not complete modeling requested by Staff before Staff's comment deadline. On July 23,2019,Commission Staff filed comments stating that more time was required to complete its analysis. On July 30,2019,Commission Staff presented a Decision Memorandum at the Commission's regularlyscheduled Decision Meeting recommending the Commission vacate the comment deadline and set a revised comment deadline after the Company files supplemental economic modeling results. The Commission now issues this Notice of Suspended Comment Deadline,suspending the comment deadlines until further notice. NOTICE OF SUSPENDED COMMENT PERIOD YOU ARE HEREBY NOTIFIED that the comment period is suspended until the Company files supplemental economic modeling results and the Commission establishes new comment deadlines. NOTICE OF SUSPENDED COMMENT PERIOD ORDER NO.34399 1 YOU ARE FURTHER NOTIFIED that the Company expects the additional analysis to take until the end of August 2019. YOU ARE FURTHER NOTIFIED that under the proposed PPA,Idaho Power would purchase 120 megawatts ("MW")of energy from Jackpot Solar with an option to purchase an additional 100 MW of energy from the adjacent Franklin Solar Facility. YOU ARE FURTHER NOTIFIED that the scheduled commercial operation date for the Facility is December 1,2022,and December 1,2023,for the Option Facility.The pricing of the PPA depends upon the developermaximizingthe value of the federal Investment Tax Credit, which declines at the end of December 2019. ORDER IT IS HEREBY ORDERED that the previously established comment deadlines are vacated until the Company files additional analysis and the Commission establishes new comment deadlines. DONE by Order of the Idaho Public Utilities Commission at Boise,Idaho this 5 day of August,2019. PAUL KJELLAN ,PRESIDENT KR TINE RAPER,OMMISSIONER ERIC AND RSON,COMMISSIONER ATTEST: Diane M.Hanian Commission Secretary I:\Legal\ELECTRIC\IPC-E-19-14\IPCEl914_nte susp comm per ej NOTICE OF SUSPENDED COMMENT PERIOD ORDER NO.34399 2