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Home My WebLink About20220104Final Approved Tariffs.pdf Connie Aschenbrenner Rate Design Senior Manager caschenbrenner@idahopower.com December 28, 2021 ELECTRONICALLY FILED Jan Noriyuki, Secretary Idaho Public Utilities Commission 11331 W. Chinden Blvd., Bldg 8, Suite 201-A (83714) PO Box 83720 Boise, Idaho 83720-0074 Re: Case No. IPC-E-21-39, Application for Modification of the Fixed Cost Adjustment Mechanism Compliance Filing – Schedule 54, Fixed Cost Adjustment Dear Ms. Noriyuki: Idaho Power Company hereby submits the enclosed compliance filing in the above- captioned proceeding pursuant to Idaho Public Utilities Commission Order No. 35273, which includes its Schedule 54 as listed below, reflecting the modifications to fixed costs adjustment mechanism with an effective date of January 1, 2022. Fifth Revised Sheet No. 54-1 Cancelling Fourth Revised Sheet No. 54-1 Fourteenth Revised Sheet No. 54-2 Cancelling Thirteenth Revised Sheet No. 54-2 If you have any questions regarding this filing, please contact me at (208) 388-5994 or caschenbrenner@idahopower.com. Very truly yours, Connie Aschenbrenner CA/sg Enclosure RECEIVED 2021December 28, PM 4:36 IDAHO PUBLIC UTILITIES COMMISSION Idaho Power Company Fifth Revised Sheet No. 54-1 Cancels I.P.U.C. No. 29, Tariff No. 101 Fourth Revised Sheet No. 54-1 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 35273 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – January 1, 2022 1221 West Idaho Street, Boise, Idaho SCHEDULE 54 FIXED COST ADJUSTMENT APPLICABILITY This schedule is applicable to the electric energy delivered to all Idaho retail Customers receiving service under Schedules 1, 3, 4, 5, or 6 (Residential Service) or under Schedules 7 and 8 (Small General Service). Customers added to Idaho Power’s system starting January 1, 2022 will be considered new customers, all other customers are considered existing customers. FIXED COST PER CUSTOMER RATE The Fixed Cost per Customer rate (FCC) is determined by dividing the Company’s fixed cost components for Residential and Small General Service Customers by the average number of Residential and Small General Service customers, respectively. The Fixed Cost per Customer Distribution rate (FCC-Dist) is determined by dividing the Company’s distribution and customer fixed cost components for Residential and Small General Service Customers by the average number of Residential and Small General Service Customers, respectively. Residential FCC Effective Date Rate January 1, 2012 $650.63 per Customer Residential FCC-Dist Effective Date Rate January 1, 2022 $317.72 per Customer Small General Service FCC Effective Date Rate January 1, 2012 $360.57 per Customer Small General Service FCC-Dist Effective Date Rate January 1, 2022 $256.29 per Customer FIXED COST PER ENERGY RATE The Fixed Cost per Energy rate (FCE) is determined by dividing the Company’s fixed cost components for Residential and Small General Service customers by the weather-normalized energy load for Residential and Small General Service customers, respectively. The Fixed Cost per Energy Distribution rate (FCE-Dist) is determined by dividing the Company’s distribution and customer fixed cost components for Residential and Small General Service customers by the weather-normalized energy load for Residential and Small General Service customers, respectively. IDAHO PUBLIC UTILITIES COMMISSION Approved Effective Jan. 4, 2022 Jan. 1, 2022 Per O.N. 35273 Jan Noriyuki Secretary Idaho Power Company Fourteenth Revised Sheet No. 54-2 Cancels I.P.U.C. No. 29, Tariff No. 101 Thirteenth Revised Sheet No. 54-2 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 35273 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – January 1, 2022 1221 West Idaho Street, Boise, Idaho SCHEDULE 54 FIXED COST ADJUSTMENT (Continued) FIXED COST PER ENERGY RATE (Continued) Residential FCE Effective Date Rate January 1, 2012 5.1602¢ per kWh Residential FCE-Dist Effective Date Rate January 1, 2022 2.5199¢ per kWh Small General Service FCE Effective Date Rate January 1, 2012 6.8633¢ per kWh Small General Service FCE-Dist Effective Date Rate January 1, 2022 4.8783¢ per kWh ALLOWED FIXED COST RECOVERY AMOUNT The Allowed Fixed Cost Recovery amount is computed by summing 1) the product of the average number of existing Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCC rate and 2) the product of the average number of new Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCC-Dist rate. ACTUAL FIXED COSTS RECOVERED AMOUNT The Actual Fixed Costs Recovered amount is computed by summing 1) the product of the actual energy load for existing Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCE rate and 2) the product of the actual energy load for new Residential and Small General Service customers multiplied by the appropriate Residential and Small General Service FCE-Dist rate. FIXED COST ADJUSTMENT The Fixed Cost Adjustment (FCA) is the difference between the Allowed Fixed Cost Recovery Amount and the Actual Fixed Costs Recovered Amount divided by the estimated weather-normalized energy load for the following year for Residential and Small General Service Customers. The monthly Fixed Cost Adjustment for Residential Service (Schedules 1, 3, 4, 5, and 6) is 0.7008 cents per kWh. The monthly Fixed Cost Adjustment for Small General Service (Schedules 7 and 8) is 0.8864 cents per kWh. EXPIRATION The Fixed Cost Adjustment included on this schedule will expire May 31, 2022. IDAHO PUBLIC UTILITIES COMMISSION Approved Effective Jan. 4, 2022 Jan. 1, 2022 Per O.N. 35273 Jan Noriyuki Secretary