20210603Larkin Direct.pdf

Component A Component B Component C
Total System
Plant Investments Interim
Decommissioning Costs O&M Variance
Levelized Annual Revenue Requirement Effective December 1, 2021 $ 77,270,023 $ 62,385 $ (6,035,475) $ 71,296,932
Component A Component B Component C
Idaho Jurisdictional
Plant Investments Interim
Decommissioning Costs O&M Variance
Levelized Annual Revenue Requirement Effective December 1, 2021 $ 73,470,945 $ 59,318 $ (5,736,719) $ 67,793,544
Current Bridger Revenue Requirement included in Rates 36,967,815
Net Change in Bridger Levelized Revenue Requirement $ 30,825,729
Levelized Revenue Requirement for the Bridger Plant
at December 31, 2020
Total System
Total Idaho
Jurisdictional
RATE BASE
Electric Plant in Service
Intangible Plant 472,935$
Production Plant 496,870,248
Transmission Plant 12,256,076
Distribution Plant 0
General Plant 2,285,921
Total Electric Plant in Service 511,885,180$
Less: Accumulated Depreciation 264,093,186
Less: Amortization of Other Plant 0
Net Electric Plant in Service 247,791,994$
Less: Accumulated Deferred Income Taxes 26,749,509
TOTAL COMBINED RATE BASE 221,042,485$
NET INCOME
Total Operating Revenues -$
Operating Expenses
Operation and Maintenance Expenses
Depreciation Expenses 12,289,001
Amortization of Limited Term Plant
Taxes Other Than Income 1,562,026
Regulatory Debits/Credits
Provision for Deferred Income Taxes 5,386,201
Investment Tax Credit Adjustment
Current Income Taxes (12,511,880)
Total Operating Expenses 6,725,349$
Consolidated Operating Income (6,725,349)$
Proposed Rate of Return 7.86%
Earnings Deficiency 24,099,288$
Net-to-Gross Tax Multiplier 1.642
Bridger Revenue Requirement (IPC-E-11-08)39,571,031$
Bridger Revenue Requirement Reduction (GNR-U-18-01)(2,603,216)$
Bridger Revenue Requirement Currently in Rates 36,967,815$
Idaho Power Company
Summary of Revenue Requirement - Idaho
Bridger: 2011 Test Year