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Home My WebLink About20230531Compliance Filing.pdf Connie Aschenbrenner Rate Design Senior Manager caschenbrenner@idahopower.com May 31, 2023 VIA ELECTRONIC MAIL Jan Noriyuki, Secretary Idaho Public Utilities Commission 11331 W. Chinden Boulevard Building 8, Suite 201-A Boise, Idaho 83714 Re: Case No. IPC-E-23-09 Idaho Power Company’s Application for Authority to Implement Fixed Cost Adjustment (“FCA”) Rates for Electric Service from June 1, 2023 Through May 31, 2024. 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. 35799, which includes its tariff Schedule 54 as listed below, reflecting the change in rates with an effective date of June 1, 2023. Sixteenth Revised Sheet No. 54-2 Cancelling Fifteenth Revised Sheet No. 54-2 If you have any questions regarding this filing, please contact Regulatory Consultant Paul Goralski at (208) 388-2608 or pgoralski@idahopower.com. Very truly yours, Connie Aschenbrenner CA:sg Enclosures RECEIVED 2023 May 31 PM 4:44 IDAHO PUBLIC UTILITIES COMMISSION Idaho Power Company Sixteenth Revised Sheet No. 54-2 Cancels I.P.U.C. No. 29, Tariff No. 101 Fifteenth Revised Sheet No. 54-2 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 35799 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – June 1, 2023 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 0.4402 cents per kWh. The monthly Fixed Cost Adjustment for Small General Service (Schedules 7 and 8) is 0.5541 cents per kWh. EXPIRATION The Fixed Cost Adjustment included on this schedule will expire May 31, 2024. Idaho Power Company Fifteenth Sixteenth Revised Sheet No. 54-2 Cancels I.P.U.C. No. 29, Tariff No. 101Fourteenth Fifteenth Revised Sheet No. 54-2 IDAHO Issued by IDAHO POWER COMPANY Issued per Order No. 3579935410 Timothy E. Tatum, Vice President, Regulatory Affairs Effective – June 1, 20223 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 0.61530.4402 cents per kWh. The monthly Fixed Cost Adjustment for Small General Service (Schedules 7 and 8) is 0.7788 5541 cents per kWh. EXPIRATION The Fixed Cost Adjustment included on this schedule will expire May 31, 20234.