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HomeMy WebLinkAbout20100219Decision Memo.pdfDECISION MEMORANDUM TO:COMMISSIONER KEMPTON COMMISSIONER SMITH CO MMISSI 0 NER RED FO RD COMMISSION SECRETARY LEGAL WORKING FILE FROM:RICK STERLING DATE:FEBRUARY 8, 2010 RE:REOPENED CASE NO. P AC-09-05; REVISED AND RESTATED POWER PURCHASE AGREEMENT BETWEEN LOWER VALLEY ENERGY, INc. AND P ACIFICORP On February 5 , 2010, PacifiCorp submitted for approval a copy of the Revised and Restated Power Purchase Agreement Between Lower Valley Energy, Inc. and PacifiCorp, executed on February 2010. This agreement amends the parties' Power Purchase Agreement dated May 22 2009, which the Commission approved on July 16 2009 in Order No. 30864, in Case No. PAC-09-05. The purpose of the amendment is to add seller s 597 kW Lower Facility, which was completed in October 2009, to the parties' power purchase agreement. STAFF ANALYSIS The Revised and Restated Power Purchase Agreement adds a 596 kW hydro facility to the original Agreement, under the same rates, terms and conditions as the original Agreement. Except for the addition ofthe new facility, there are no other material changes in the Agreement. The revised contract now covers a 940 kW Upper Facility and a 597 kW Lower Facility. Staff recommends approval ofthe amended Agreement by minute entry, and believes no further notice or procedure is necessary. DECISION MEMORANDUM FEBRUARY 8, 2010 COMMISSION DECISION Staff recommends that the revised and restated agreement between Lower Valley and PacifiCorp be acknowledged and approved by minute entry without further notice or procedure. Does the Commission agree? f? ~Rick Sterling udmemos/paceO9. 5 swrps. amend. dm DECISION MEMORANDUM FEBRUARY 8 , 2010