WRKSHP.docx

(text box: 1)BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE JOINT APPLI-CATION OFIDAHO POWER COMPANY AND FMC CORPORATION FOR APPROVAL OF A SPECIAL CONTRACT FOR SERVICE TO FMC CORPORATION AND A REVISED SCHEDULE 28--FMC TARIFF AND FOR APPROVAL OF REVISIONS TO THE POWER COST ADJUSTMENT OF IDAHO POWER COMPANY AS A RESULT OF THE NEW FMC CONTRACT.
)
)
)
)
)
)
)
)
)
)
)
CASE NO.  IPC-E-97-13
NOTICE OF INFORMAL PUBLIC STAFF WORKSHOP
On December 31, 1997, Idaho Power Company and FMC Corporation filed a Joint Applicationrequesting that the Commissionapprove a special contract for service to FMC Corporation and a revised schedule 28 (FMC tariff).  Idaho Power and FMC also sought approval to revise Idaho Power Company’s Power Cost Adjustment mechanism.  These revisions to the Power Cost Adjustment are made necessary by the new FMC contract. After reviewing the Joint Application, the Commission suspended the proposed effective date of the contract and the proposed  schedule 28 (FMC tariff) and ordered the matter be processed under Modified Procedure with comments due sixty (60) days from the date of the Order.  Order No. 27336 dated January 28, 1998.
Idaho Power and FMC stated in their Joint Application that the new FMC contract will require the following changes to Idaho Power’s Power Cost Adjustment mechanisms and proposed that Staff hold an informal workshop to discuss these changes:
1.The normalized energy included as firm system load and as firm Idaho retail load will be changed to reflect the difference between the current primary amount and the new first block amount.
2.The Idaho retail allocation would be adjusted to reflect item 1 adjustments.
3.The first block energy will be considered as actual firm load on an ongoing basis.
4.The normalized secondary revenue offset will be removed from the Power Cost Adjustment base and replaced with the actual second block energy revenue.
5.The actual secondary revenue offset will be removed from the Power Cost Adjustment base and replaced with the actual second block energy revenue.
 Staff will conduct an informal public workshop to discuss exactly how Idaho Power’s Power Cost Adjustment mechanism should be revised.  This is the Notice for the Informal Public Workshop. The workshop is both informational and discussion generated at the workshop will be considered by the Staff in formulating its comments.
NOTICE OF INFORMAL PUBLIC WORKSHOP
YOU ARE HEREBY NOTIFIED that the Staff will conduct an informal public workshop on FEBRUARY 18, 1998, COMMENCING AT 8:30 A.M. AT THE OFFICES OF THE IDAHO PUBLIC UTILITIES COMMISSION, 472 WEST WASHINGTON STREET, BOISE, IDAHO to discuss how Idaho Power’s Power Cost Adjustment mechanism should be revised.  Discussion will be confined to the Power Cost Adjustment mechanism.
DATED at Boise, Idaho this                  day of February 1998.

Myrna J. Walters
Commission Secretary
N:ipce9713.cc
COMMENTS AND ANNOTATIONS
Text Box 1:
TEXT BOXES
Office of the Secretary
Service Date
February 3, 1998