20230425Decision Memo.pdf

DECISION MEMORANDUM 1
DECISION MEMORANDUM

TO: COMMISSIONER ANDERSON
COMMISSIONER HAMMOND
COMMISSIONER LODGE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL

FROM: CLAIRE SHARP
DEPUTY ATTORNEY GENERAL

DATE: APRIL 25, 2023

SUBJECT: IN THE MATTER OF IDAHO POWER COMPANY’S APPLICATION
FOR AUTHORITY TO IMPLEMENT POWER COST ADJUSTMENT
RATES FOR ELECTRIC SERVICE FROM JUNE 1, 2023, THROUGH
MAY 31, 2024; CASE NO. IPC-E-23-12.

On April 14, 2023, Idaho Power Company (“Idaho Power” or “Company”) applied for
Commission authorization to implement its Power Cost Adjustment (“PCA”) rates effective June
1, 2023, through May 31, 2024. Application at 1. The Company requests its Application be
processed by Modified Procedure with an effective date of June 1, 2023. Id. at 1; 11. If approved,
the Company’s PCA would increase rates for all customer classes via an overall revenue increase
of approximately $200.2 million, or 14.68 percent. Id. at 1-2.
Percentage Increase from Current Billed Rates

Residential
Small
General
Service
Large
General
Service

Large Power

Irrigation

Overall Charge
11.90% 9.70% 16.19% 20.26% 15.01% 14.68%
Id. at Attachment 2.
STAFF RECOMMENDATION
Staff recommends the Commission issue a Notice of Application and Notice of Modified
Procedure, setting a May 11, 2023, public comment deadline and a May 18, 2023, Company
reply deadline.

DECISION MEMORANDUM 2
COMMISSION DECISION
Does the Commission wish to issue a Notice of Application and Notice of Modified
Procedure, setting a May 11, 2023, public comment deadline and a May 18, 2023, Company
reply deadline?

_____________________________
Claire Sharp
Deputy Attorney General

I:\Legal\ELECTRIC\IPC-E-23-12 (PCA)\Memos\IPCE2312_dec_cs.doc