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HomeMy WebLinkAbout20030509Decision Memo.pdfDECISION MEMORANDUM TO:CO MMISSI 0 NER KJELLAND ER COMMISSIONER SMITH COMMISSIONER HANSEN COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM:SCOTT WOODBURY DATE:MAY 9, 2003 RE:CASE NO. PAC-02-S (PacifiCorp) REQUESTED CHANGE IN DEPRECIATION RATES On October 1 , 2002, PacifiCorp dba Utah Power & Light Company (PacifiCorp; Company) filed an Application for a change in its current depreciation rates. The net effect of the Company s Application was to increase depreciation expense allocated to Idaho by $0. million annually. On May 7 2003, Commission Staff and PacifiCorp filed a proposed stipulated Settlement for Commission consideration. Should the Commission accept the Stipulation, the depreciation expense currently booked by the Company will decrease approximately $0. million annually. This is a $1.5 million difference from the Company s original request for an increase of $0.6 million. Commission Decision Staff recommends that the Commission issue a Notice of the Proposed Settlement Stipulation filed by Commission Staff and PacifiCorp and process the matter under Modified Procedure, i., by written submission rather than by hearing. Reference Commission Rules of Procedure, IDAPA 31.01.01.201-204. Staff recommends a comment period of two weeks. Does the Commission agree with Staffs proposed procedure? Scott Woodbury blslM:P ACEO205 sw3