HomeMy WebLinkAbout19990617Decision Memo.docDECISION MEMORANDUM
TO: COMMISSIONER HANSEN
COMMISSIONER SMITH
COMMISSIONER KJELLANDER
MYRNA WALTERS
DON HOWELL
STEPHANIE MILLER
TONYA CLARK
RON LAW
BILL EASTLAKE
RANDY LOBB
TERRI CARLOCK
KENT SCHNEIDER
DAVID SCOTT
WORKING FILE
FROM:
DATE: June 17, 1999
RE: CASE NO. IPC-E-99-2; 1998 EARNINGS COMPLIANCE FILING BY IDAHO POWER COMPANY
On April 7, 1999, Idaho Power Company (IPC) filed with the Commission a 1998 Earnings Compliance Filing pursuant to Order No. 26216 issued in Case No. IPC-E-95-11. The Company indicated in its filing that it was unable to determine the amount of revenue sharing funds not yet committed until an Order was issued in Case No. IPC-E-98-16. Following the Commission’s final Order in that case, Order No. 28041, IPC on June 16, 1999, filed a supplement to its 1998 Earnings Compliance Filing. IPC’s supplemental filing shows a customer share amount for 1998 of $6,448,092, of which $3,281,878 represents the balance of uncommitted revenue sharing.
To resolve the 1998 customer shared amount, the Company recommends that it provide a direct credit for its four special contract customers and its Schedule 19 customers. Each Schedule 19 customer would receive a revenue sharing credit proportional to the customer’s total energy consumption as a Schedule 19 customer for the 12 billing months of July 1998 through June 1999. As to the remaining customer classes, IPC proposes a rate reduction for 30 days. Because Schedule 24 customers (irrigation service) primarily use power in the summer months, the Company asks for an expedited procedure to approve its rate reductions and credits. Staff therefore recommends that approval of Idaho Power Company’s 1998 earnings compliance filing be processed by Modified Procedure, with a comment period of 14 days.
Commission Decision
Should approval of Idaho Power Company’s 1998 earnings compliance filing be processed by Modified Procedure with a 14-day comment period?
vld/M:IPC-E-99-2_ws
DECISION MEMORANDUM 1