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HomeMy WebLinkAbout20200925Decision Memo.pdfDECISION MEMORANDTJM TO COMMISSIONER KJELLANDER COMN{ISSIONER RAPER COMMISSIONERANDERSON COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM:JOHN R. HAMMOND JR. DEPUTY ATTORNEY GENERAL DATE: SEPTEMBER 25,2020 SUBJECT:IDAHO POWER COMPANY'S APPLICATION FOR AUTHORITY TO DECREASE ITS RATES FOR ELECTRIC SERVICE FOR COSTS ASSOCIATED WITH THE BOARDMAN POWER PLANT; CASE NO. LPC-E-20-32. On August 21, 2020,Idaho Power Company ("Idaho Power" or "Company") applied for authority to decrease customer rates to reflect cessation of the Boardman Power Plant ("Boardman") operations. THE APPLICATION Specifically, in the Application Idaho Power requests that the Commission issue an order (1) finding that all actual Boardman investments made through June 30, 2020, were prudently incurred, and(2) decreasing customer rates by $3,902,622 to reflect full depreciation of all Boardman investments effectiveJanuary 1,2021, which equates to an overall decrease of .33 percent. Application at L The Company represents that the Application in this case was filed concurrently with Case No. IPC-E-20-33 whereinthe Company requests authorization to reinvest the customer savings resulting from cessation of Boardman operations immediately into enerry efficiency to limit impacts to customerbills. 1d. STAFF RECOMMENDATION Staff recommends that the Commission issue a Notice of Application, set a 214ay intervention deadline. Once the intervention deadline has passed, Staffwill informally conferwiflr the parties about further scheduling and will recommend a schedule to the Commission. DECISION MEMORANDUM I COMIVIISSION DECISION Does the Commission wish to issue a Notice of Application and set a 2lday intervention deadline? J Hammondlr. Attorney General 2DECISION MEMORANDUM