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HomeMy WebLinkAbout20051209Comments.pdf1tJ?- p..Jq/V) ./ 10 AI/-./10 , ' :: L:, ! \i E D .. ". "" Q (J: ; 3 November 10, 2005 ,,- ; i ,J i' U J r !L!T iES COi"li'1!SSION Idaho Public Utilities Commission Attn: Jean Jewell , Commission Secretary O. Box 83720 Boise , ID 83720-0074 Re: Case No. PAC-05-, Purchase of PacifiCorp Dear Commissioners; In your review of the above stated case , will you please note that my position is in support of the planned purchase of PacifiCorp by MidAmerican Energy Holdings Company. I believe overall that this purchase will have benefit for PacifiCorp s Idaho customers, especially for the irrigators. Ownership by Mid American would provide PacifiCorp with long-term stability and access to the capital resources necessary to fund sustained investment in their electric system. In addition I am informed that they have committed to a $75 million investment in the asset risk program to improve distribution reliability. Just these items alone should make the company stronger as they move into the future, and ultimately provide a greater opportunity for the long term rate stability which is essential to us as irrigators. Thank you for considering my input. Sincerely, Bevan Jeppesen Director Idaho Irrigation Pumpers Ass., Inc. 1282 South 2nd East Rexburg, Idaho 83440 I~.IW~ 1'41/0) v~ ktl /10 Co~ i:::~\\iED ; \ ~~) L'\8:;3 " ~~ ,;",/ , ECON ,:: PMENT (i :;uuuc , ; ('C)'J~"I\SS\O(l \ \ u \ \ i~ ,) '" '- 11 ' November 21 2005 Idaho Public Utilities Commission Attn: Jean Jewell, Commission Secretary O. Box 83720 Boise, ID 83720-0074 RE: Case No. PAC-05-, Purchase ofPacifiCorp Dear Commissioners: The Madison Economic Development Corporation has approved a position supporting the planned purchase ofPacifiCorp by Mid American Energy Holding Company. We believe this purchase will be good for PacifiCorp s Idaho customers and for Madison Economic Development Corporation. Among the benefits of this purchase several stand out: This transaction provides PacifiCorp with long-term stabil8ity and access to the capital resources necessary to fund sustained investment in the electric system. PacifiCorp and MEHC have similar priorities-customer service, operational reliability, safety, community involvement, environmental stewardship and renewable energy development. Continuation ofPacifiCorp s economic development efforts which will be augmented with insights from MEHC's economic development team. A commitment of MidAmerican Energy Holdings Company s resources and involvement in cooperation with the PacifiCorp states, to look into transmission projects beneficial to the region. Reduction in PacifiCorp s borrowing and overhead costs and the Investment in transmission and distribution assets beneficial for the region. . - Thank you for considering our input on this issue. Sincerely, /~"7 L-- Claire Boyle, Director Madison Economic Development Corporation