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Home My WebLink About20200601Final Approved Tariffs.pdfLISA NORDSTROM Lead Counsel lnordstrom@idahopower.com June 1, 2020 ELECTRONICALLY FILED Diane Hanian, Secretary Idaho Public Utilities Commission 472 West Washington Street P.O. Box 83720 Boise, Idaho 83720-0074 Re: Case No. IPC-E-20-21, Power Cost Adjustment Compliance Filing – Tariff Schedule 55 Dear Ms. Hanian: Idaho Power Company hereby submits the enclosed compliance filing in the above- captioned proceeding pursuant to Idaho Public Utilities Commission Order No. 34682, which includes its Tariff Schedule 55 as listed below, reflecting the change in rates with an effective date of June 1, 2020. Fourteenth Revised Sheet No. 55-1 Cancelling Thirteenth Revised Sheet No. 55-1 Ninth Revised Sheet No. 55-2 Cancelling Eighth Revised Sheet No. 55-2 Eighth Revised Sheet No. 55-3 Cancelling Seventh Revised Sheet No. 55-3 Please note, in Attachment No. 1 to Idaho Power’s Application in this matter, the Company neglected to remove the earnings credit amount associated with Schedules 26, 29, and 30. As proposed in the Company’s filing, and approved by the Commission in Order No. 34682, the sharing credit for all customer classes is zero and the enclosed tariff sheets have been updated accordingly. If you have any questions regarding this filing, please contact Regulatory Analyst Christina Zwainz at (208) 388-6106 or czwainz@idahopower.com. Very truly yours, Lisa D. Nordstrom LDN Enclosure RECEIVED 2020 June 1, PM 3:20 IDAHO PUBLIC UTILITIES COMMISSION Idaho Power Company Fourteenth Revised Sheet No. 55-1 Cancels I.P.U.C. No. 29, Tariff No. 101 Thirteenth Revised Sheet No. 55-1 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 34682 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – June 1, 2020 1221 West Idaho Street, Boise, Idaho SCHEDULE 55 POWER COST ADJUSTMENT APPLICABILITY This schedule is applicable to the electric energy delivered to all Idaho retail Customers served under the Company’s schedules and Special Contracts. These loads are referred to as "firm" 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 2.0361 cents per kWh, which is comprised of Category 1 power costs of 1.0677 cents per kWh, Category 2 power costs of 0.8900 cents per kWh and Category 3 power costs of 0.0784 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 2.8409 cents per kWh, which is comprised of Category 1 power costs of 1.4991 cents per kWh, Category 2 power costs of 1.2888 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 (0.2971) cents per kWh. EARNINGS SHARING Order Nos. 30978, 32424, and 33149 directed the Company to share a portion of its earnings above a certain threshold with customers through the annual Power Cost Adjustment. The Company’s 2019 earnings were below the prescribed threshold resulting in a credit of 0.0000 cents per kWh. Schedule Description ¢ per kWh 1 Residential Service 0.0000 3 Master Metered Mobile Home Park 0.0000 5 Residential – Time-of-Day Pilot Plan 0.0000 6 Residential Service On-Site Generation 0.0000 7 Small General Service 0.0000 IDAHO PUBLIC UTILITIES COMMISSION Approved Effective May 29, 2020 June 1, 2020 Per O.N. 34682 Diane M. Hanian Secretary Idaho Power Company Ninth Revised Sheet No. 55-2 Cancels I.P.U.C. No. 29, Tariff No. 101 Eighth Revised Sheet No. 55-2 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 34682 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – June 1, 2020 1221 West Idaho Street, Boise, Idaho SCHEDULE 55 POWER COST ADJUSTMENT (Continued) EARNINGS SHARING (Continued) 8 Small General Service On-Site Generation 0.0000 9S Large General Service – Secondary 0.0000 9P Large General Service – Primary 0.0000 9T Large General Service – Transmission 0.0000 15 Dusk to Dawn Lighting 0.0000 19S Large Power Service – Secondary 0.0000 19P Large Power Service – Primary 0.0000 19T Large Power Service – Transmission 0.0000 24 Agricultural Irrigation Service 0.0000 40 Unmetered General Service 0.0000 41 Street Lighting 0.0000 42 Traffic Control Lighting 0.0000 Earnings sharing Tax Reform Monthly credit ¢ per kWh 26 Micron $ (0.00) 0.0000 29 Simplot $ (0.00) 0.0000 30 DOE $ (0.00) 0.0000 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 Power Costs in Category 2 and the Base Power Costs in Category 2; 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; and 5) Earnings Sharing. The monthly Power Cost Adjustment rates applied to the Energy rate of all metered schedules and Special Contracts are shown below. 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 Description ¢ per kWh 1 Residential Service 0.4862 3 Mastered Metered Mobile Home Park 0.4862 5 Residential – Time-of-Day Pilot Plan 0.4862 6 Residential Service On-Site Generation 0.4862 7 Small General Service 0.4862 8 Small General Service On-Site Generation 0.4862 9S Large General Service – Secondary 0.4862 9P Large General Service – Primary 0.4862 9T Large General Service – Transmission 0.4862 15 Dusk to Dawn Lighting 0.4862 19S Large Power Service – Secondary 0.4862 19P Large Power Service – Primary 0.4862 19T Large Power Service – Transmission 0.4862 IDAHO PUBLIC UTILITIES COMMISSION Approved Effective May 29, 2020 June 1, 2020 Per O.N. 34682 Diane M. Hanian Secretary Idaho Power Company Eighth Revised Sheet No. 55-3 Cancels I.P.U.C. No. 29, Tariff No. 101 Seventh Revised Sheet No. 55-3 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 34682 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – June 1, 2020 1221 West Idaho Street, Boise, Idaho SCHEDULE 55 POWER COST ADJUSTMENT (Continued) POWER COST ADJUSTMENT (Continued) 24 Agricultural Irrigation Service 0.4862 40 Unmetered General Service 0.4862 41 Street Lighting 0.4862 42 Traffic Control Lighting 0.4862 26 Micron 0.4862 29 Simplot 0.4862 30 DOE 0.4862 EXPIRATION The Power Cost Adjustment included on this schedule will expire May 31, 2021. IDAHO PUBLIC UTILITIES COMMISSION Approved Effective May 29, 2020 June 1, 2020 Per O.N. 34682 Diane M. Hanian Secretary