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HomeMy WebLinkAbout20030516Notice of Stipulation Mod Pro.pdfOffice of the Secretary Service Date BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION May 16 2003 IN THE MATTER OF THE APPLICATION OF P ACIFICORP FOR AN ORDER AUTHORIZING A CHANGE IN DEPRECIATION RATES APPLICABLE TO ELECTRIC PROPERTY ) CASE NO. P AC-O2- ) NOTICE OF STIPULATION AND ) PROPOSED SETTLEMENT ) NOTICE OF ) MODIFIED PROCEDURE ) NOTICE OF ) COMMENT/PROTEST DEADLINE On October 2002, PacifiCorp dba Utah Power & Light Company (PacifiCorp; Company) filed an Application for a change in its current depreciation rates applicable to PacifiCorp s depreciable electric property. This change, the Company states, is for accounting purposes only. PacifiCorp intends to seek approval of the requested changes for ratemaking purposes in a future rate case. Pursuant to Idaho Code ~ 61-525, the Commission is empowered to determine the property depreciation rates of property used to provide retail electric service. The net effect of the Company s Application was to increase depreciation expense allocated to Idaho by $0.6 million annually. YOU ARE HEREBY NOTIFIED that on May 7, 2003 Commission Staff and PacifiCorp filed a Stipulation, a Joint Motion for Approval of Stipulation and separate letters in support of the Stipulation. The Stipulation is offered as a compromise settlement of the issues raised in Case No. PAC-02-5. Reference IDAPA 31.01.01.274. Should the Commission accept the proposed Settlement, the depreciation expense currently booked by the Company will decrease approximately $0.9 million annually. This is a $1.5 million difference in annual depreciation expense from the Company s original request for an increase of$0.6 million. Pursuant to Rule 276 of the Commission s Rules of Procedure, the Commission is not bound by settlements. The Commission will independently review any settlement proposed NOTICE OF STIPULATION AND PROPOSED SETTLEMENT NOTICE OF MODIFIED PROCEDURE NOTICE OF COMMENT/PROTEST DEADLINE to determine whether the settlement is just, fair and reasonable, in the public interest, or otherwise in accordance with law or regulatory policy. YOU ARE FURTHER NOTIFIED that the Commission has preliminarily determined that the public interest may not require a technical hearing to consider the issues presented, and that the issues raised by the Company s filing and the Stipulation and proposed Settlement may be processed under Modified Procedure , by written submission rather than by hearing. Reference Commission Rules of Procedure, IDAPA 31.01.01.201-.204. YOU ARE FURTHER NOTIFIED that the deadline for filing written comments or protests with respect to PacifiCorp s Application, the Stipulation and proposed Settlement and the use of Modified Procedure in Case No. P AC-02-5 is Friday, May 30, 2003. YOU ARE FURTHER NOTIFIED that if no written protests or comments are received within the deadline, the Commission may consider the matter on its merit and may enter its Order without a formal hearing. If comments or protests are filed within the deadline, the Commission will consider them and in its discretion may set the matter for hearing or may decide the matter and issue its Order on the basis of the written positions before it. Reference IDAP A 31.01.01.204. YOU ARE FURTHER NOTIFIED that written comments concernIng Case No. P AC-02-5 should be mailed to the Commission and the Company at the addresses reflected below: Commission Secretary Idaho Public Utilities Commission PO Box 83720 Boise, ill 83720-0074 Street Address for Express Mail: D. Douglas Larson Vice President Regulation PacifiCorp 201 S. Main Street, Suite 2300 Salt Lake City, UT 84140 Mail: doug.1arson~pacificorp.com 472 W. Washington Street Boise, ill 83702-5983 James C. Paine Stoe1 Rives LLP 900 SW 5 th Avenue, Suite 2600 Portland, OR 97204-1268 Mail: icpaine~stoe1.com All comments should contain the case caption and case number shown on the first page of this document.Persons desiring to submit comments via e-mail may do so by accessing the NOTICE OF STIPULATION AND PROPOSED SETTLEMENT NOTICE OF MODIFIED PROCEDURE NOTICE OF COMMENT/PROTEST DEADLINE Commission s home page located at www.puc.state.id.. Click the "Comments and Questions icon, and complete the comment form, using the case number as it appears on the front of this document. These comments must also be sent to the Applicant at the e-mail addresses listed above. YOU ARE FURTHER NOTIFIED that the Company s Application in Case No. PAC-02-5 together with proposed Stipulation and Company and Staffletters in support of the Stipulation may viewed at www.puc.state.id.under the "File Room" and "Electric Cases " or can be viewed during regular business hours at the Idaho Public Utilities Commission, 472 W. Washington Street, Boise, Idaho and at the Idaho offices of PacifiCorp in Rexburg, Preston Shelley, and Montpelier, Idaho. DATED at Boise, Idaho this / (, #- day of May 2003. PAULKJ LL ER, PRESIDENT i-. /L/LfHA ~TH, COMM ONER rzJ ATTEST: bls/N:P ACE0205 sw4 NOTICE OF STIPULATION AND PROPOSED SETTLEMENT NOTICE OF MODIFIED PROCEDURE NOTICE OF COMMENT/PROTEST DEADLINE