HomeMy WebLinkAbout20230823Final Approved Tariffs.pdf
MEGAN GOICOECHEA ALLEN
Corporate Counsel
mgoicoecheaallen@idahopower.com
June 1, 2023
VIA ELECTRONIC FILING
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-22-06
In the Matter of Idaho Power Company’s Application for Approval of a
Replacement Special Contract with Micron Technology, Inc. and A Power
Purchase Agreement with Black Mesa Energy, LLC
Dear Ms. Noriyuki:
Attached for electronic filing is Idaho Power Company’s Second Compliance Filing in
the above-entitled matter.
Please feel free to contact me directly with any questions you might have about this
filing.
Very truly yours,
Megan Goicoechea Allen
MGA:sg
Enclosure
RECEIVED
2023 June 1 PM 3:27
IDAHO PUBLIC
UTILITIES COMMISSION
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 1
DONOVAN E. WALKER (ISB No. 5921)
MEGAN GOICOECHEA ALLEN (ISB No. 7623)
Idaho Power Company
1221 West Idaho Street (83702)
P.O. Box 70
Boise, Idaho 83707
Telephone: (208) 388-2664
Facsimile: (208) 388-6936
dwalker@idahopower.com
mgoicoecheaallen@idahopower.com
Attorneys for Idaho Power Company
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF IDAHO POWER
COMPANY’S APPLICATION FOR
APPROVAL OF A REPLACEMENT
SPECIAL CONTRACT WITH MICRON
TECHNOLOGY, INC. AND A POWER
PURCHASE AGREEMENT WITH BLACK
MESA ENERGY, LLC.
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CASE NO. IPC-E-22-06
IDAHO POWER COMPANY’S
SECOND COMPLIANCE FILING
Idaho Power Company (“Idaho Power” or “Company”) hereby respectfully submits
this Second Compliance Filing to effectuate updates to the replacement Special Contract
for Electric Service between the Company and Micron Technology, Inc. (“Micron”) as
directed by the Idaho Public Utilities Commission (“Commission”) in Order Nos. 35735,
35482, and other relevant orders.
I. BACKGROUND
1. Micron is an existing retail customer of Idaho Power that has been taking
service pursuant to a special contract arrangement under Schedule 26 since 1995. On
March 9, 2022, Idaho Power and Micron entered into a revised Special Contract for
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 2
Electric Service, referred to herein as Electric Service Agreement (“ESA”), to replace the
then-existing Special Contract between the Parties that had been in effect since
December 29, 2009.
2. On March 10, 2022, Idaho Power filed an application with the Commission
seeking approval of: (1) the replacement Special Contract for Electric Service between
the Company and Micron dated March 9, 2022, and (2) the 20-year Power Purchase
Agreement (“PPA”) between the Company and Black Mesa Energy, LLC, which was
intended to facilitate the provision of energy under the revised Special Contract.
3. On August 1, 2022, the Commission issued Order No. 35482 approving the
Black Mesa PPA as filed but directing modifications to the ESA regarding the treatment
of Excess Generation Credits (“EGC”) and Renewable Capacity Credits (“RCC”). In
addition, the Commission addressed cost sharing under the Power Cost Adjustment,
finding “it fair, just, and reasonable, and consistent with the treatment of all of the
Company’s other similar NPSE, to subject the EGCs and RCCs in the Micron ESA to
95%/5% under the PCA.”1 Finally, the Commission determined that review and approval
of future renewable PPA or resource construction agreements was necessary to ensure
costs are not unfairly shifted to other customers.
4. In relation to the Commission’s directive that the Parties employ a new
method for calculating RCCs, Idaho Power filed a Petition seeking clarification on how to
calculate the RCCs under the Micron ESA, which resulted in the Commission directing
Idaho Power to work together with Commission Staff (“Staff”) “to develop a rate structure
for calculating Micron's RCC under the ESA,” to be submitted in a compliance filing.2
1 Order No. 35607 at 13.
2 Order No. 35532 at 10.
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 3
5. As directed by the Commission, Idaho Power and Staff worked together in
good faith to develop a performance-based compensation method for Micron RCC
payments, and as a result of those collaborative efforts, Idaho Power made a Compliance
Filing dated December 23, 2022, proposing to implement a Proposed Renewable
Capacity Credit Payment Performance Mechanism for calculating RCC under the Micron
ESA.
6. On April 12, 2023, the Commission issued Order No. 35735, approving the
Company’s Proposed Method for Calculating RCC payments under the Micron ESA and
directing the Company to update the ESA and Schedule 26 consistent with the
Commission’s findings in that Order and other relevant orders including Order No. 35482.
7. Thereafter, the Parties entered into the First Amendment to the ESA to
incorporate the direction from, and comply with, Commission Order Nos. 35735 and
35482.
II. COMPLIANCE - FIRST AMENDMENT TO ESA
8. The Company is now submitting this Second Compliance Filing to present
the First Amendment to the Micron ESA, which addresses the Commission-directed
modifications to the ESA and corrects an unintended omission from the replacement ESA
as more fully described below, as well as updated Schedule 26. The First Amendment
and Schedule 26 are attached hereto as Attachments 1 and 2, respectively.
Correction of Omission
9. In contemplating updates to the ESA as ordered by the Commission, the
Company became aware that the replacement ESA inadvertently omitted the final
sentence of Section 5.4, Excess Demand, which includes the annotation to the associated
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 4
component charge specified in Schedule 26, the “Daily Excess Demand Charge”; this
sentence is a standard provision in special contracts and was included in Micron’s 2009
ESA, but erroneously omitted from the replacement ESA.
10. As a result, the First Amendment provides for the following revision to
Section 5.4 of the ESA (new language is underlined):
5.4 Excess Demand. The availability of power in excess of the Contract
Demand is not guaranteed, and if Billing Demand at the Micron Facility
exceeds the Contract Demand, Idaho Power may curtail service to the
Micron Facility. Idaho Power reserves the right to install, at any time, at
Micron’s expense, any device necessary to protect Idaho Power’s system
from damage which may be caused by Billing Demand at the Micron Facility
exceeding the Contract Demand. Micron will be responsible for any
damages to Idaho Power’s system or damages to third parties resulting
from Billing Demand at the Micron Facility exceeding the Contract Demand.
Micron agrees to use its best reasonable efforts to monitor its electric loads
and to advise Idaho Power as soon as possible of the potential for Billing
Demands at the Micron Facility to exceed the Contract Demand. Billing
Demands in excess of the Contract Demand will be subject to the Daily
Excess Demand Charge specified in Schedule 26.
Updates to Pricing
11. The First Amendment provides for the replacement of ESA Exhibit 1,
“Pricing”, in its entirety with the revised version of Exhibit 1 (Revised Exhibit 1) provided
with the First Amendment, which addresses the modifications directed by the Commission
in Order No. 35482 and Order No. 35735 as follows.
12. Excess Generation Credits. In order to effectuate the Commission’s
directives related to the EGCs, Exhibit 1 has been revised to modify the definition of
“Excess Generation Price” to conform with Commission Order No. 35482, whereby it
ordered the Company to compensate Excess Generation at “the lower of the Excess
Generation Price (with the 85% adjustment) and the actual high or low load hour Mid-C
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 5
market price (without any adjustment) for each hour of excess energy delivered.3
13. Renewable Capacity Credits. Exhibit 1 of the ESA and Schedule 26 have
been modified to incorporate several revisions necessary to implement the Commission’s
orders. First, in Revised Exhibit 1, new definitions for “Annual Renewable Capacity
Credit,” and “Monthly Unadjusted Renewable Capacity Credit,” and “Performance Ratio
Adjustment Factor” have been added. One previously defined term (Renewable Capacity
Credit) has been renamed to “Monthly Adjusted Renewable Capacity Credit.” Finally,
Schedule 26 has been revised to align with the new/modified definitions contained within
Revised Exhibit 1 and a new table (Monthly Unadjusted Renewable Capacity Credit by
Month) has been included, consistent with the methodology presented in the Company’s
December 23, 2023 filing and approved by the Commission in Order No. 35735.
14. PCA Cost Sharing. In its order, the Commission found “it fair, just, and
reasonable, and consistent with the treatment of all of the Company’s other similar NPSE,
to subject the EGCs and RCCs in the Micron ESA to 95%/5% under the PCA.” The
Company understands the Commission will only allow recovery of 95 percent of the EGCs
and RCCs through amounts charged to PCA tracked accounts. In order to ensure the
Company remains indifferent to the negotiated ESA, Idaho Power and Micron have
agreed to modify Exhibit 1 of the ESA and Schedule 26 to include an “Administrative
Charge.” This charge will be recorded in Account 442221, Opr Rev Industrial-Micron Tech
and will not be subject to 95%/5% sharing under the PCA or any successor mechanism.
3 Order No. 35482 at 15.
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 6
III. COMPLIANCE – REVIEW OF FUTURE PPAs
15. In reviewing the Micron ESA and the associated Black Mesa PPA, the
question arose as to whether future renewable resource PPAs associated with special
contracts or energy services agreements required Commission review and approval.
16. Ultimately, the Commission determined that “that every future CEYW-CO4
project associated PPA agreement or resource construction agreement be first review
and approved by the Commission.”5 In conformity with the Commission’s directive, the
Company will file future renewable resource PPAs or similar resource construction
agreements with the Commission for its review and approval.
IV. CORRECTION OF THE RECORD
17. As it was developing the framework under which it will bill the new ESA and
related renewable elements, the Company became aware of a discrepancy between how
it described the way the Schedule 91, Energy Efficiency Rider (“Rider”) would be
assessed, and how the charge should be assessed according to its tariff. In its initial filing,
Company witness Aschenbrenner explained that the Rider charge will be “assessed
against all Idaho Power base rate charges assessed for Idaho Power-supplied energy
(inclusive of the Embedded Energy Fixed Cost Charge) contained within Schedule 26 net
of Renewable Resource credits” (emphasis added).6 However, this statement conflicts
with Schedule 91 itself, which states “the Monthly Charge is equal to the applicable
Energy Efficiency Rider percentage times the sum of the monthly billed charges for the
base rate components.”7 While there are no revisions necessary to the ESA or Schedule
4 Clean Energy Your Way – Construction Option
5 Order No. 35482 at 17.
6 Aschenbrenner Direct at 19.
7 Tariff Schedule 91-1.
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 7
26 for the Company to apply the Rider in this manner, it wishes to bring the discrepancy
to the Commission’s attention in order to ensure the record is complete. The Company
will assess the Rider in accordance with Schedule 91. The Company has also spoken to
Micron representatives about the matter to ensure Micron understands how the Rider
charge will be assessed.
V. CONCLUSION
18. Idaho Power appreciates the Commission’s review and consideration of the
issues in this case and the opportunity to make this compliance filing to address the
Commission’s concerns. The Company believes the attached and executed First
Amendment makes the necessary changes to the ESA required to implement the
Commission’s directives and respectfully requests that the Commission approve: the
Micron ESA dated March 9, 2022; the First Amendment thereto dated May 31, 2023
including Revised Exhibit 1; and Schedule 26 as revised.
Respectfully submitted this 1st day of June 2023.
Megan Goicoechea Allen
Attorney for Idaho Power Company
IDAHO POWER COMPANY’S SECOND COMPLIANCE FILING - 8
CERTIFICATE OF SERVICE
I HEREBY CERTIFY that on the 1st day of June 2023, I served a true and correct
copy of the foregoing Idaho Power Company’s Second Compliance Filing upon the
following named parties by the method indicated below, and addressed to the following:
Commission Staff
Riley Newton
Dayn Hardie
Deputy Attorney General
Idaho Public Utilities Commission
Po Box 83720
Boise, Idaho 83720-0074
Emailed to:
riley.newton@puc.idaho.gov
dayn.hardie@puc.idaho.gov
Industrial Customers of Idaho Power
Peter J. Richardson
RICHARDSON ADAMS, PLLC
515 North 27th Street (83702)
Boise, Idaho 83707
Emailed to:
peter@richardsonadams.com
Dr. Don Reading
6070 Hill Road
Boise, ID 83703
Emailed to:
dreading@mindspring.com
City of Boise
Ed Jewell
Deputy City Attorney
Boise City Attorney’s Office
150 North Capitol Boulevard
P.O. Box 500
Boise, Idaho 83701-0500
Emailed to:
ejewell@cityofboise.org
boisecityattorney@cityofboise.org
Wil Gehl
Energy Program Manager
Boise City Dept. of Public Works
150 N. Capitol Blvd.
PO Box 500
Boise, Idaho 83701-0500
Emailed to:
wgehl@cityofboise.org
______________________________________
Stacy Gust, Regulatory Administrative Assistant
BEFORE THE
IDAHO PUBLIC UTILITIES COMMISSION
CASE NO. IPC-E-22-06
IDAHO POWER COMPANY
ATTACHMENT NO. 1
(First Amendment)
Page 1 of 3
FIRST AMENDMENT TO THE
2022 SPECIAL CONTRACT FOR ELECTRIC SERVICE
BETWEEN
IDAHO POWER COMPANY AND
MICRON TECHNOLOGY, INC.
This FIRST AMENDMENT TO THE 2022 SPECIAL CONTRACT FOR ELECTRIC
SERVICE (“First Amendment”) is effective as of May 31, 2023 (“Effective Date”) and is entered
into by and between MICRON TECHNOLOGY, INC., a Delaware Corporation (“Micron”), and
IDAHO POWER COMPANY, an Idaho Corporation (“Idaho Power”). Micron and Idaho Power
may hereinafter be referred to individually as a “Party” or collectively as the “Parties”.
WHEREAS, Micron is an existing retail customer of Idaho Power, taking service pursuant
to a special contract arrangement under Schedule 26.
WHEREAS, on March 9, 2022, Idaho Power and Micron entered into a revised Special
Contract for Electric Service (the “ESA” or “Micron ESA”), to replace the then-existing Special
Contract between the Parties that had been in effect since December 29, 2009 (“Micron’s 2009
ESA”). Idaho Power initiated Case No. IPC-E-22-06 on March 10, 2022, requesting IPUC
approval of the replacement ESA.
WHEREAS, the IPUC issued Order No. 35482, on August 1, 2022, directing Idaho Power
to update the Micron ESA and Schedule 26 to address IPUC-directed modifications relating to
the treatment of Excess Generation Credits, Renewable Capacity Credits (“RCC”), and cost
sharing under the Power Cost Adjustment (as defined in Idaho Power’s tariff on file with the
IPUC). In relation to the IPUC’s directive that the Parties employ a new method for calculating
RCCs, Idaho Power filed a Petition seeking clarification on how to calculate the RCCs under the
Micron ESA, which resulted in the IPUC directing Idaho Power to work together with IPUC staff
(“Staff”) “to develop a rate structure for calculating Micron's RCC under the ESA,” to be submitted
in a compliance filing.1
WHEREAS, as directed by the IPUC, Idaho Power and Staff worked together in good
faith to develop a performance-based compensation method for Micron RCC payments, and as
a result of those collaborative efforts, Idaho Power made a Compliance Filing with the IPUC
dated December 23, 2022, proposing to implement a proposed Renewable Capacity Credit
payment performance mechanism for calculating RCC under the Micron ESA.
WHEREAS, the IPUC issued Order No. 35735 on April 12, 2023, approving Idaho
Power’s proposed method for calculating RCC payments under the Micron ESA and directing
1 Order No. 35532 at 10.
First Amendment to the 2022 Special Contract
Page 2 of 3
Idaho Power to update the ESA and Schedule 26 consistent with the IPUC’s findings in that
order and other relevant orders including Order No. 35482.
WHEREAS, the ESA inadvertently omitted the final sentence of Section 5.4, Excess
Demand, which includes the annotation to the associated component charge specified in
Schedule 26, the “Daily Excess Demand Charge”; this sentence is a standard provision in special
contracts and was included in Micron’s 2009 ESA, but erroneously omitted from the replacement
ESA.
WHEREAS, the Parties desire to enter into this First Amendment to the ESA to address
the modifications required by the IPUC and to correct the inadvertent omission and submit the
same for the IPUC’s approval of the ESA with this First Amendment.
NOW, THEREFORE, in consideration of the foregoing, and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, Micron and Idaho
Power, each intending to be legally bound, agree as follows:
1. Incorporation of Recitals. The above-stated recitals are incorporated into and made a part
of this First Amendment by this reference.
2. Amendments.
A. Section 5.4: Excess Demand: Section 5.4 of the ESA is hereby amended to state:
(new language is underlined).
5.4 Excess Demand. The availability of power in excess of the Contract Demand is not
guaranteed, and if Billing Demand at the Micron Facility exceeds the Contract Demand,
Idaho Power may curtail service to the Micron Facility. Idaho Power reserves the right to
install, at any time, at Micron’s expense, any device necessary to protect Idaho Power’s
system from damage which may be caused by Billing Demand at the Micron Facility
exceeding the Contract Demand. Micron will be responsible for any damages to Idaho
Power’s system or damages to third parties resulting from Billing Demand at the Micron
Facility exceeding the Contract Demand. Micron agrees to use its best reasonable efforts
to monitor its electric loads and to advise Idaho Power as soon as possible of the potential
for Billing Demands at the Micron Facility to exceed the Contract Demand. Billing
Demands in excess of the Contract Demand will be subject to the Daily Excess Demand
Charge specified in Schedule 26.
B. Exhibit 1 – Pricing.Exhibit 1 to the ESA is hereby replaced in its entirety with the
revised version of Exhibit 1 (Revised Exhibit 1) attached hereto in the Attachment.
3. IPUC Approval. The obligations of the Parties under this First Amendment are subject to
the IPUC’s approval of this First Amendment and such approval being upheld on appeal, if any,
by a court of competent jurisdiction.
4. Effect of Amendment. Except as expressly amended by this First Amendment, the terms
and conditions of the ESA remain unchanged.
First Amendment to the 2022 Special Contract
Page 3 of 3
5. Capitalized Terms. All capitalized terms used in this First Amendment and not defined
herein shall have the same meaning as in the ESA.
6. Scope of Amendment. This First Amendment shall be binding upon and inure to the benefit
of the Parties hereto, and their respective heirs, executors, administrators, successors, and
assigns, who are obligated to take any action which may be necessary or proper to carry out the
purpose and intent hereof.
7. Authority.Each Party represents and warrants that as of the Effective Date: (i) it is validly
existing and in good standing in the state in which it is organized, (ii) it is the proper party to
amend the ESA, and (iii) it has the requisite authority to execute this First Amendment.
8. Counterparts.This First Amendment may be executed in any number of counterparts, each
of which shall be deemed an original and all of which taken together shall constitute a single
instrument. A signature in “PDF” format or an electronic signature to this First Amendment shall
be deemed an original and binding upon the Party against which enforcement is sought.
9. Governing Law. Unless otherwise expressly provided herein, the terms and conditions of
this First Amendment shall be governed by, controlled, construed and enforced in accordance
with the laws and decisions of the state of Idaho applicable to agreements to be made and to be
performed in Idaho without regard to principles of conflicts of law.
IN WITNESS WHEREOF, the Parties hereto have caused this First Amendment to be
duly executed as of the date set forth above.
MICRON TECHNOLOGY, INC.
By:
Name:
Title:
IDAHO POWER COMPANY
By:
Name:
Title:
21544829_v2
Revised Exhibit 1 - 1
ATTACHMENT TO
FIRST AMENDMENT TO THE 2022 SPECIAL CONTRACT FOR ELECTRIC SERVICE
REVISED EXHIBIT 1
to
2022 Special Contract
between Idaho Power Company
and
Micron Technology, Inc.
PRICING
Definitions
“Administrative Charge” is equal to 5 percent of the portion of the Excess Generation Credit and/or
the Monthly Adjusted Renewable Capacity Credit that is recovered through the Power Cost
Adjustment and that Idaho Power allocates to the State of Idaho. The Administrative Charge will
be determined and applied monthly.
“Annual Renewable Capacity Credit” means the product of the Renewable Capacity Contribution
and the Renewable Capacity Credit Rate.
“Capacity Contribution Factor” is based on the capacity contribution methodology and preferred
portfolio resource addition timing of the most recently acknowledged IRP, is set at the time of
execution of the Renewable Resource PPA or the Parties’ agreement to procure or construct the
Idaho Power-owned Renewable Resource, as applicable, and remains the same value for the
duration of the term of the Renewable Resource PPA or the period of time during which the Idaho
Power-owned Renewable Resource will provide Project Output to Micron, as applicable.
“Embedded Energy Fixed Cost Charge” means the per kilowatt hour rate of cost-of-service
classified fixed costs embedded in the Schedule 26 Monthly Energy Charges. The Embedded
Energy Fixed Cost Charge is the Schedule 26 Monthly Energy Charge less the Embedded Energy
Rate.
“Embedded Energy Rate” means the per kilowatt hour rate of cost-of-service classified energy
costs embedded in the Schedule 26 Monthly Energy Charges. The rate will be reset with each
Idaho Power filing with the IPUC that increases or decreases the Schedule 26 revenue
requirement.
“Excess Generation” means the amount for each Hour by which energy from the Project(s)
Revised Exhibit 1 - 2
exceeds the Total Supply Obligation energy requirement.
“Excess Generation Credit” means the total amount of Excess Generation for the month times
the Excess Generation Price.
“Excess Generation Price” means the lower of (1) 85 percent of the hourly Mid-Columbia price
forecast used in Idaho Power’s most recently IPUC acknowledged IRP, with a non-firm
adjustment applied to each Hour’s price, or (2) the actual heavy or light load hour (as applicable)
Mid-Columbia market price for each hour of Excess Generation delivered. The non-firm
adjustment will be based on the rate contained within Schedule 86 or its successor schedule. The
Excess Generation Price will become effective the month following IPUC acknowledgement of
the corresponding IRP until IPUC acknowledgement of the subsequent IRP.
“Monthly Adjusted Renewable Capacity Credit” is the product of the Monthly Unadjusted
Renewable Capacity Credit and the Performance Ratio Adjustment Factor. The Monthly Adjusted
Renewable Capacity Credit will be provided to Micron monthly, starting the month of the
respective Project’s Renewable Capacity Credit Eligibility Date (contained in Schedule 26) or the
month following the commercial operation date of the applicable Project, whichever is later, and
will remain in effect for the duration of the term of the Renewable Resource PPA or the period of
time during which the Idaho Power-owned Renewable Resource will provide Project Output to
Micron, as applicable.
“Monthly Unadjusted Renewable Capacity Credit” is the monthly payment available to Micron with
respect to a Renewable Resource PPA based on the Annual Renewable Capacity Credit if all
performance expectations are met by the applicable Renewable Resource. The Monthly
Unadjusted Renewable Capacity Credit will be determined at time of execution of the Renewable
Resource PPA or the Parties’ agreement to procure or construct the Idaho Power-owned
Renewable Resource, as applicable, and will be subject to IPUC approval.
"Performance Ratio Adjustment Factor"is the adjustment to be applied to the Monthly Unadjusted
Renewable Capacity Credit when performance expectations are not met. The Performance Ratio
Adjustment Factor methodology is determined at time of execution of the Renewable Resource
PPA or the Parties’ agreement to procure or construct the Idaho Power-owned Renewable
Resource, as applicable, and will be subject to IPUC approval.
“Renewable Capacity Contribution” means the Project MW AC nameplate capacity multiplied by
the Capacity Contribution Factor.
“Renewable Capacity Credit Rate” is based on the Avoided Levelized Capacity Costs of the
lowest-cost selectable resource from the most recently acknowledged IRP, is set at the time of
execution of the Renewable Resource PPA or the Parties’ agreement to procure or construct the
Idaho Power-owned Renewable Resource, as applicable, and remains the same value for the
duration of the term of the Renewable Resource PPA or the period of time during which the Idaho
Power-owned Renewable Resource will provide Project Output to Micron, as applicable.
“Renewable Capacity Credit Adjustment” will be determined at time of execution of the Renewable
Resource PPA or the Parties’ agreement to procure or construct the Idaho Power-owned
Renewable Resource, as applicable, be subject to IPUC approval, and include any adjustment
necessary to ensure no cost shift to other customers.
Revised Exhibit 1 - 3
“Renewable Resource Cost” represents the Renewable Resource Contract Price and any
additional costs incurred by Idaho Power not included in the Renewable Resource Contract Price,
which are necessarily incurred to certify Environmental Attributes pursuant to the Agreement.
“Renewable Resource On-Site Usage” means the amount of energy output from all Projects in
any Hour that meets any portion of the Total Supply Obligation energy requirement for such Hour.
“Supplemental Energy” means the amount for each Hour by which the Project Output is less than
the Total Supply Obligation energy requirement.
“Supplemental Energy Cost” means the total amount of Supplemental Energy for the month times
the Monthly Energy Charge.
Source and Timing of Updates to Pricing Components
Pricing components will be updated at the following intervals:
Schedule 26 Rates Excess Generation Price
Renewable Capacity Credit
Rate
General Rate Case
Other Revenue Requirement
Filing
Upon IPUC IRP
acknowledgment and/or
based on actual Mid-
Columbia heavy or light
hourly prices
Execution of the Renewable
Resource PPA or the Parties’
agreement to procure or
construct the Idaho Power-
owned Renewable Resource,
as applicable, subject to IPUC
approval
BEFORE THE
IDAHO PUBLIC UTILITIES COMMISSION
CASE NO. IPC-E-22-06
IDAHO POWER COMPANY
ATTACHMENT NO. 2
(Schedule 26)
Idaho Power Company Sixteenth Revised Sheet No. 26-1
Cancels
I.P.U.C. No. 29, Tariff No. 101 Fifteenth Revised Sheet No. 26-1
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 35735 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective – June 1, 2023 1221 West Idaho Street, Boise, Idaho
SCHEDULE 26
IDAHO POWER COMPANY
ELECTRIC SERVICE RATE
FOR
MICRON TECHNOLOGY, INC.
BOISE, IDAHO
SPECIAL CONTRACT DATED MARCH 9, 2022, AMENDED MAY 31, 2023
MONTHLY CHARGE
The Monthly Charge is the sum of the following charges, and may also include charges as set
forth in Schedule 55 (Power Cost Adjustment), Schedule 91 (Energy Efficiency Rider), and Schedule 95
(Adjustment for Municipal Franchise Fees). Terms used below have the meanings given to them in the
Special Contract referenced above.
Monthly Contract Demand Charge
$1.67 per kW of Contract Demand.
Monthly Billing Demand Charge
$10.98 per kW of Billing Demand but not less than Minimum Monthly Billing Demand.
Minimum Monthly Billing Demand
The Minimum Monthly Billing Demand will be 25,000 kilowatts.
Daily Excess Demand Charge
$0.291 per each kW over the Contract Demand.
Monthly Energy Charge
2.8150¢ per kWh of Supplemental Energy.
Embedded Energy Fixed Cost Charge
0.2632¢ per kWh of Renewable Resource On-Site Usage
Monthly Adjusted Renewable Capacity Credit(s)
See Table Nos.1, 2, 3, and Revised Exhibit 1 of Micron’s Special Contract, dated March 9, 2022,
as amended.
Renewable Resource Cost
As defined in Revised Exhibit 1 of Micron’s Special Contract, dated March 9, 2022, as amended.
Excess Generation Credit
As defined in Revised Exhibit 1 of Micron’s Special Contract, dated March 9, 2022, as amended.
Administrative Charge
As defined in Revised Exhibit 1 of Micron’s Special Contract, dated Month 9, 2022, as amended.
IDAHO PUBLIC UTILITIES COMMISSIONApproved EffectiveAug. 23, 2023 June 1, 2023 Per ON 35898 & 35735 Jan Noriyuki Secretary
Idaho Power Company
I.P.U.C. No. 29, Tariff No. 101 Original Sheet No. 26-2
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 35735 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective – June 1, 2023 1221 West Idaho Street, Boise, Idaho
SCHEDULE 26
IDAHO POWER COMPANY
ELECTRIC SERVICE RATE
FOR
MICRON TECHNOLOGY, INC.
BOISE, IDAHO
SPECIAL CONTRACT DATED MARCH 9, 2022, AMENDED MAY 31, 2023
(Continued)
RENEWABLE RESOURCE AGREEMENTS
Calculation of the Monthly Unadjusted Renewable Capacity Credit for each Project is quantified in the tables
below. The Monthly Adjusted Renewable Capacity Credit will be provided to Micron monthly, starting the
month of the Project’s Renewable Capacity Credit Eligibility Date (as defined in Table 3) or the month
following the respective Project’s commercial operation date, whichever is later, and will remain in effect for
the duration of the term of the Renewable Resource PPA or the period of time during which the Idaho
Power-owned Renewable Resource will provide Project Output to Micron, as applicable. The Monthly
Adjusted Renewable Capacity Credit will be provided in accordance with Revised Exhibit 1 of Micron’s
Special Contract, dated March 9, 2022, as amended.
TABLE 1: RENEWABLE CAPACITY CREDIT
a b c d e f
Project Most Recently
Acknowledged
IRP
Project
Nameplate
(kW AC)
Capacity
Contribution
Factor
Renewable
Capacity
Contribution
(a * b)
Renewable
Capacity
Credit
Rate
$/kW-r
Renewable
Capacity
Credit
Adjustment
Annual
Renewable
Capacity
Credit*+
c*d*e
Black
Mesa
Energy
LLC
2019 40,000 0.3642 14,568 $121.19 1.0 $1,765,495.91
*Table 2 denotes the Monthly Unadjusted Renewable Capacity Credit.
+Table 3 denotes each project’s date of eligibility for the Annual Renewable Capacity Credit.
TABLE 2: MONTHLY UNADJUSTED RENEWABLE CAPACITY CREDIT BY MONTH
Jan Feb June July Aug Sept
Oct Nov Dec
Black
Mesa
Energy
LLC1
$92,689 $92,689 $308,962 $617,924 $308,962 $79,447 $79,447 $92,689 $92,689
TABLE 3: ELIGIBILITY DATE FOR RENEWABLE CAPACITY CREDIT
Pro ect PPA Execution Date Capacit Deficienc Year Renewable Capacit Credit Eli ibilit Date
Black Mesa
Ener LLC
2/16/2022 2026 7/1/2026
1Amounts to be adjusted by the Performance Ratio Adjustment Factor, which is calculated pursuant to the methodology
detailed in Case No. IPC-E-22-06, Attachment 1 to Idaho Power Company’s Compliance Filing dated December 23, 2022, as
approved in Order No. 35735 (Apr. 12, 2023), to determine the Monthly Adjusted Renewable Capacity Credit.
IDAHO PUBLIC UTILITIES COMMISSIONApproved EffectiveAug. 23, 2023 June 1, 2023 Per ON 35898 & 35735 Jan Noriyuki Secretary
Idaho Power Company Fifteenth Sixteenth Revised Sheet No. 26-1
Cancels
I.P.U.C. No. 29, Tariff No. 101Fourteenth Fifteenth Revised Sheet No. 26-1
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 35735 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective – June 1, 2023 1221 West Idaho Street, Boise, Idaho
SCHEDULE 26
IDAHO POWER COMPANY
ELECTRIC SERVICE RATE
FOR
MICRON TECHNOLOGY, INC.
BOISE, IDAHO
SPECIAL CONTRACT DATED DECEMBER 29, 2009MARCH 9, 2022, AMENDED MAY 31, 2023
MONTHLY CHARGE
The Monthly Charge is the sum of the following charges, and may also include charges as set
forth in Schedule 55 (Power Cost Adjustment), Schedule 91 (Energy Efficiency Rider), and Schedule 95
(Adjustment for Municipal Franchise Fees). Terms used below have the meanings given to them in the
Special Contract referenced above.
Monthly Contract Demand Charge
$1.67 per kW of Contract Demand.
Monthly Billing Demand Charge
$10.98 per kW of Billing Demand but not less than Minimum Monthly Billing Demand.
Minimum Monthly Billing Demand
The Minimum Monthly Billing Demand will be 25,000 kilowatts.
Daily Excess Demand Charge
$0.291 per each kW over the Contract Demand.
Monthly Energy Charge
2.8150¢ per kWh of Supplemental Energy.
Embedded Energy Fixed Cost Charge
0.2632¢ per kWh of Renewable Resource On-Site Usage
Monthly Adjusted Renewable Capacity Credit(s)
See Table Nos.1, 2, 3, and Revised Exhibit 1 of Micron’s Special Contract, dated March 9, 2022,
as amended.
Renewable Resource Cost
As defined in Revised Exhibit 1 of Micron’s Special Contract, dated March 9, 2022, as amended.
Excess Generation Credit
As defined in Revised Exhibit 1 of Micron’s Special Contract, dated March 9, 2022, as amended.
Administrative Charge
As defined in Revised Exhibit 1 of Micron’s Special Contract, dated Month 9, 2022, as amended.
Idaho Power Company
I.P.U.C. No. 29, Tariff No. 101 Original Sheet No. 26-2
IDAHO Issued by IDAHO POWER COMPANY
Issued per Order No. 35735 Timothy E. Tatum, Vice President, Regulatory Affairs
Effective – June 1, 2023 1221 West Idaho Street, Boise, Idaho
SCHEDULE 26
IDAHO POWER COMPANY
ELECTRIC SERVICE RATE
FOR
MICRON TECHNOLOGY, INC.
BOISE, IDAHO
SPECIAL CONTRACT DATED MARCH 9, 2022, AMENDED MAY 31, 2023
(Continued)
RENEWABLE RESOURCE AGREEMENTS
Calculation of the Monthly Unadjusted Renewable Capacity Credit for each Project is quantified in the tables
below. The Monthly Adjusted Renewable Capacity Credit will be provided to Micron monthly, starting the
month of the Project’s Renewable Capacity Credit Eligibility Date (as defined in Table 3) or the month
following the respective Project’s commercial operation date, whichever is later, and will remain in effect for
the duration of the term of the Renewable Resource PPA or the period of time during which the Idaho
Power-owned Renewable Resource will provide Project Output to Micron, as applicable. The Monthly
Adjusted Renewable Capacity Credit will be provided in accordance with Revised Exhibit 1 of Micron’s
Special Contract, dated March 9, 2022, as amended.
TABLE 1: RENEWABLE CAPACITY CREDIT
a b c d e f
Project Most Recently
Acknowledged
IRP
Project
Nameplate
(kW AC)
Capacity
Contribution
Factor
Renewable
Capacity
Contribution
(a * b)
Renewable
Capacity
Credit
Rate
$/kW-r
Renewable
Capacity
Credit
Adjustment
Annual
Renewable
Capacity
Credit*+
c*d*e
Black
Mesa
Energy
LLC
2019 40,000 0.3642 14,568 $121.19 1.0 $1,765,495.91
*Table 2 denotes the Monthly Unadjusted Renewable Capacity Credit.
+Table 3 denotes each project’s date of eligibility for the Annual Renewable Capacity Credit.
TABLE 2: MONTHLY UNADJUSTED RENEWABLE CAPACITY CREDIT BY MONTH
Jan Feb June July Aug Sept
Oct Nov Dec
Black
Mesa
Energy
LLC1
$92,689 $92,689 $308,962 $617,924 $308,962 $79,447 $79,447 $92,689 $92,689
TABLE 3: ELIGIBILITY DATE FOR RENEWABLE CAPACITY CREDIT
Pro ect PPA Execution Date Capacit Deficienc Year Renewable Capacit Credit Eli ibilit Date
Black Mesa
Ener LLC
2/16/2022 2026 7/1/2026
1Amounts to be adjusted by the Performance Ratio Adjustment Factor, which is calculated pursuant to the methodology
detailed in Case No. IPC-E-22-06, Attachment 1 to Idaho Power Company’s Compliance Filing dated December 23, 2022, as
approved in Order No. 35735 (Apr. 12, 2023), to determine the Monthly Adjusted Renewable Capacity Credit.