20160614final_order_no_33538.pdf

Office of the Secretary
Service Date
June 14.2016
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MATTER OF THE ANNUAL UPDATE )
TO PUBLISHED AVOIDED COST RATES )CASE NOS.AVU-E-16-04
BASED ON THE UPDATED NATURAL GAS )IPC-E-16-12
PRICE FORECAST OF THE U.S.ENERGY )PAC-E-16-1O
INFORMATION ADMINISTRATION (EIA))
_________________________________
)ORDER NO.33538
Pursuant to the Public Utility Regulatory Policies Act of 1978 (PURPA)and the
implementing regulations of the Federal Energy Regulatory Commission (FERC),the Idaho
Public Utilities Commission (Commission)has approved a Surrogate Avoided Resource (SAR)
methodology for calculation of the published avoided cost rates at which PURPA qualifying
cogeneration and small power production facilities (QFs)are paid by Avista,Idaho Power and
PacifiCorp.Avoided cost rates are the purchase price paid to QFs for purchases of QF capacity
and energy.The release of the Annual Energy Outlook by the U.S.Energy information
Administration (FIA)triggered an updated calculation of avoided cost rates.
EIA UPDATE TO THE IATURAL GAS PRICE FORECAST
One of the key input variables in the computation of published avoided cost rates is
the long-term natural gas price forecast.In accordance with the methodology approved in Order
No.32697,the “reference case”natural gas price forecast for the Mountain Region’s Electric
Power sector included in ETA’s Annual Energy Outlook serves as the basis for computing
published avoided cost rates.In Order No.32697,this Commission stated that each year the
final release of the Annual Energy Outlook should automatically trigger a re-calculation of the
published avoided cost rates.In Order 32802,the Commission clarified that an update should
occur on June 1 or within 30 days of the final release of the Annual Energy Outlook,whichever
is later.This clarification was to accommodate the possibility that the final release of EIA data
does not occur in time to meet the June 1 effective date.
UPDATED PUBLISHED AVOIDED COST RATES
Commission Staff recomputed published avoided cost rates for Idaho Power,Avista,
and PacifiCorp using EIA’s most recent annual natural gas price forecast.Staff provided Avista,
Idaho Power,and PacifiCorp with worksheets on May 27,2016,for review and comment,
showing the computation of the updated avoided cost rates.Idaho Power,Avista,and PacifiCorp
ORDER NO.33538 1
responded by letter accepting Staffs avoided cost calculations based on EIA’s Annual Energy
Outlook 2016 natural gas price forecast and consistent with the Commission’s approved SAR
methodology.
FINDINGS AND CONCLUSIONS
The Idaho Public Utilities Commission has jurisdiction over Avista Corporation dba
Avista Utilities,Idaho Power Company,and PacifiCorp dba Rocky Mountain Power and the
matters considered in this case pursuant to the authority and power granted it under Title 61 of
the Idaho Code and the Public Utility Regulatory Policies Act of 1978 (PURPA).The
Commission has authority under PURPA and the implementing regulations of the Federal
Energy Regulatory Commission (FERC)to set avoided costs,to order electric utilities to enter
into fixed-term obligations for the purchase of energy from qualified facilities,and to implement
FERC rules.
Pursuant to its authority,the Commission has reviewed and considered the filings of
record.We find that the accuracy of the calculations and the resulting rates disseminated by
Staff based upon ETA’s most recent annual natural gas price forecast have not been challenged.
The annual update to the SAR methodology’s avoided cost rates is a relatively simple arithmetic
re-calculation.We find the updated published avoided cost rates are fair,just,and reasonable.
ORDER
IT IS HEREBY ORDERED that the updates to published avoided cost rates for
Avista,Idaho Power,and PacifiCorp are approved,effective June 15,2016.
THIS IS A FINAL ORDER.Any person interested in this Order may petition for
reconsideration within twenty-one (21)days of the service date of this Order.Within seven (7)
days after any person has petitioned for reconsideration,any other person may cross-petition for
reconsideration.See Idaho Code §6 1-626.
ORDERNO.33538 2
DONE by Order of the Idaho Public Utilities Commission at Boise,Idaho this ILl’
day of June 2016.
)
PAUKJELUANDER,PRESIDENT
KRISTINE RAPER,COMMISSIONER
I ////I
•.
ERIC ANDERSON,COMMISSIONER
ATTEST:
4J
Jean D.Jewe1i
Commission Secretary
O:AVU-E-1 6-O4IPC-E-16-1 2PAC-E-16-1 O_djh
ORDER NO.33538
3.
8
.
En
e
r
g
y
Pr
i
c
e
s
by
Se
c
t
o
r
an
d
So
u
r
c
e
(2
0
1
5
do
l
l
a
r
s
pe
r
mi
l
l
i
o
n
Bt
u
,
un
l
e
s
s
ot
h
e
r
w
i
s
e
no
t
e
d
)
Mo
u
n
t
a
i
n
-
08
Se
c
t
o
r
an
d
So
u
r
c
e
20
1
4
20
1
5
20
1
6
20
1
7
20
1
8
20
1
9
20
2
0
20
2
1
20
2
2
20
2
3
20
2
4
20
2
5
20
2
6
El
e
c
t
r
i
c
Po
w
e
r
8/
Di
s
t
i
l
l
a
t
e
Fu
e
l
Oi
l
23
.
7
1
14
.
9
5
11
,
5
3
13
.
0
6
15
.
2
8
18
.
0
1
19
.
5
7
20
.
8
2
21
.
8
2
22
.
2
1
22
.
5
7
23
.
0
6
23
.
6
1
Re
s
i
d
u
a
l
Fu
e
l
Oi
l
14
.
6
0
3.
9
2
2.
8
6
3.
3
2
5.
7
0
8.
1
3
9.
6
7
10
.
9
5
12
.
0
9
12
.
4
7
12
.
7
9
13
.
1
5
13
.
6
1
Na
t
u
r
a
l
Ga
s
4.
9
0
3.
3
5
3.
6
3
4.
0
1
4.
2
2
4.
1
2
4.
2
0
4.
2
5
4.
3
6
4.
5
5
4.
7
3
4.
9
2
4.
9
6
St
e
a
m
Co
a
l
1.
9
2
1.
8
6
1.
7
7
1.
7
6
1.
8
1
1.
7
8
1.
7
9
1.
7
8
1.
7
7
1.
7
9
1.
7
7
1.
7
5
1.
7
5
Pr
i
c
e
s
in
No
m
i
n
a
l
Do
l
l
a
r
s
El
e
c
t
r
i
c
Po
w
e
r
8/
Di
s
t
i
l
l
a
t
e
Fu
e
l
Oi
l
23
.
4
6
14
.
9
5
11
.
7
4
13
.
5
9
16
.
2
1
19
.
4
7
21
.
6
2
23
.
5
4
25
.
2
3
26
.
1
8
27
.
1
0
28
.
2
2
29
.
4
7
Re
s
i
d
u
a
l
Fu
e
l
Oi
l
14
.
4
5
3.
9
2
2.
9
1
3.
4
5
6.
0
5
8.
7
9
10
.
6
3
12
.
3
9
13
.
9
8
14
.
7
0
15
.
3
6
16
.
0
9
16
.
9
9
Na
t
u
r
a
l
Ga
s
4.
8
5
3.
3
5
3.
7
0
4.
1
7
4.
4
7
4.
4
6
4.
6
4
4.
8
1
5.
0
4
5.
3
7
5.
6
8
6.
0
2
6.
1
9
St
e
a
m
Co
a
l
1.
9
0
1.
8
6
1.
8
0
1.
8
3
1.
9
1
1.
9
2
1.
9
8
2.
0
2
2.
0
5
2.
1
1
2.
1
3
2.
1
4
2.
1
8
0,CszCC’,
C
—
—
20
2
7
20
2
8
20
2
9
20
3
0
20
3
1
20
3
2
20
3
3
20
3
4
20
3
5
20
3
6
20
3
7
20
3
8
20
3
9
20
4
0
24
.
0
8
24
.
4
4
24
.
9
4
25
.
2
8
25
.
8
8
26
.
5
0
27
.
1
2
27
.
8
3
28
.
2
7
28
.
9
2
29
.
3
1
30
.
0
0
30
.
6
1
31
.
3
4
13
.
9
8
14
.
2
6
14
.
6
5
14
.
9
2
15
.
3
9
15
.
8
7
16
.
3
6
16
.
9
1
17
.
2
0
17
.
7
1
18
.
0
2
18
.
5
5
19
.
0
3
19
.
5
8
4.
9
4
4.
8
3
4.
8
9
4.
8
3
4.
7
0
4.
8
0
4.
8
2
4.
7
8
4.
8
1
4.
8
2
4.
8
7
4.
8
8
4.
9
3
4.
9
6
1.
7
5
1.
7
5
1.
7
5
1.
7
7
1.
7
9
1.
8
1
1.
8
3
1.
8
4
1.
8
5
1.
8
6
1.
8
7
1.
8
9
1.
9
0
1.
9
2
30
.
6
4
31
.
7
2
33
.
0
4
34
,
2
1
35
.
7
7
37
.
4
5
39
.
1
8
41
.
1
0
42
.
6
9
44
.
6
4
46
.
2
5
48
.
3
7
50
.
4
4
52
.
7
4
17
.
8
0
18
.
5
1
19
.
4
2
20
.
1
9
21
.
2
7
22
.
4
2
23
.
6
4
24
.
9
7
25
.
9
8
27
.
3
4
28
.
4
3
29
.
9
1
31
.
3
6
32
.
9
5
6.
2
8
6.
2
7
6.
4
7
6.
5
4
6.
5
0
6.
7
8
6.
9
7
7.
0
6
7.
2
6
7.
4
4
7.
6
8
7.
8
7
8.
1
2
8.
3
5
2.
2
3
2.
2
7
2.
3
2
2.
3
9
2.
4
7
2.
5
6
2.
6
4
2.
7
2
2.
8
0
2.
8
8
2.
9
6
3.
0
5
3.
1
4
3.
2
3
AVISTA
AVOIDED COST RATES FOR WIND PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
2016 2017 2018 2019 2020 2021 YEAR RATES
1 31.16 31.72 33.91 33.86 38.17 39.44 2016 31.16
2 31.43 32.77 33.88 35.93 38.78 40.28 2017 31.72
3 32,19 33.11 35.21 37.02 39.52 41.31 2018 33.91
4 32.56 34.23 36.15 37.94 40.43 42.34 2019 33.86
5 33.52 35.12 37.01 38.91 41.37 43.38 2020 38.17
6 34.33 35,95 37.91 39.87 42.34 44.25 2021 39.44
7 35.10 36.81 38.81 40.83 43.17 44.95 2022 41.19
8 35.90 37.67 39.72 41.67 43.86 45.48 2023 43.60
9 36.71 38.54 40.53 42.38 44.40 46.00 2024 45.95
10 37.52 39.31 41.22 42.95 44.93 46.46 2025 48.41
11 38.26 39.99 41.78 43.50 45.39 46.83 2026 49.77
12 38.91 40.55 42.32 43.98 45.77 47.23 2027 50.49
13 39.45 41.09 42.80 44.38 46.18 47.64 2028 50.51
14 39.98 41.57 43.21 44.80 46.58 48.02 2029 52.05
15 40.44 41.97 43.63 45.21 46.96 48.40 2030 52.62
16 40.84 42.39 44.04 45.60 47.34 48.77 2031 52.47
17 41.25 42.79 44.42 45.97 47.70 49.16 2032 54.54
18 41.65 43.17 44.79 46.34 48.08 49.53 2033 55.98
19 42.02 43.54 45.15 46.71 48.44 49.90 2034 56.72
20 42.38 43.89 45.51 47.07 48.80 50.27 2035 58.27
2036 59.66
2037 61.50
2038 62.97
2039 64.89
2040 66.63
2041 68.15
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://www.eia.gov/forecasts/aeo/er/tables ref.cfm
AVISTA Page 1
AVISTA
AVOIDED COST RATES FOR SOLAR PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
2016 2017 2018 2019 2020 2021 YEAR RATES
1 32.45 31.72 33.91 33.86 39.54 40.84 2016 32.45
2 32.10 32.77 33.88 36.59 40.17 41,69 2017 31.72
3 32.66 33.11 35.63 37.90 40.92 42.72 2018 33.91
4 32,92 34.54 36.79 38.95 41.83 43.76 2019 33.86
5 34.06 35.61 37.78 39.99 42.78 44,81 2020 39.54
6 34.98 36.57 38.77 41.00 43.76 45.69 2021 40.84
7 35.84 37.52 39.74 42.00 44.60 46.40 2022 42.60
8 36.71 3845 40.70 42.87 45.30 46.93 2023 45.04
9 37.57 39.37 41.55 43.61 45.84 47.47 2024 47,40
10 38.42 40.20 42.27 44.19 46.38 47.94 2025 49.89
11 39.20 40.91 42.86 44.76 46.85 48.31 2026 51.27
12 3987 41.50 43.43 45.26 47.24 48.73 2027 52.01
13 40.44 42.07 43.94 45.68 47.66 49.14 2028 52.06
14 40.99 42.57 44,36 46.11 48.07 49.53 2029 53.62
15 41.48 43.00 44,80 46.54 48.45 49.92 2030 54.21
16 41.90 43.44 45.23 46.93 48.84 50.30 2031 54.09
17 42.33 43.86 45.62 47.32 49.21 50.68 2032 56.18
18 42.74 44.25 46,01 47.70 49.59 51,06 2033 57.64
19 43.12 44.64 46.38 48.08 49.96 51.44 2034 58.40
20 43.49 45.01 46.75 48.45 50.33 51,82 2035 59.98
2036 61.39
2037 63.26
2038 64.75
2039 66 70
2040 68.47
2041 70.02
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)’s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://wvv.eia.gov/forecasts/aeo/er/tablesref.cfrn
AVISTA Page 2
AVISTA
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ONLlNE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 3844 3172 3391 3386 4589 47.28 2016 38.44
2 35.21 32.77 33.88 39.65 46.56 48.17 2017 31.72
3 34.81 33.11 37.59 42.00 47.35 49.25 2018 33.91
4 34.60 35.95 39.74 43.59 48.31 50.34 2019 33.86
5 36.53 37.88 41.35 44.97 49.31 51.43 2020 45.89
6 38.00 39.42 42.76 46.22 50.32 52.35 2021 47.28
7 39.25 40.80 44.03 47.40 51.20 53.10 2022 49.14
8 40.42 42.06 45.23 48.42 51.94 53.68 2023 51.67
9 41.52 43.23 46.27 49.27 52.53 54.25 2024 54.13
10 42.58 44.27 47.16 49.96 53.10 54.76 2025 56.72
11 43.52 45.16 47.88 50.62 53,61 55.17 2026 58.19
12 44.34 45.91 48.57 51.20 54.03 55.62 2027 59.04
13 45.04 46.61 49.18 51.68 54.49 56.08 2028 59.19
14 45.69 47.23 49.69 52.18 54.94 56.50 2029 60.85
15 46.28 47.76 50.21 52.67 55.36 56.92 2030 61.56
16 46.79 48.29 50.72 53.12 55.77 57.33 2031 61.54
17 47.29 48.80 51.18 53.56 56.18 57.75 2032 63.74
18 47.78 49.27 51.63 53.98 56.59 58.16 2033 65.31
19 48.23 49.72 52.06 54.41 56.99 58.58 2034 66.18
20 48.66 50.15 52.49 54.82 57.39 58.98 2035 67.87
2036 69.40
2037 71.39
2038 73.01
2039 75.07
2040 76.97
2041 78.64
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http:Ilwww.eia.gov/forecasts/aeo/er/tablesref.cfm
AVISTA Page 3
AVISTA
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
June 15,2016
S/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 31.72 33.91 33.86 35.19 36.42 2016 28.34
2 29.97 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 34.29 35.09 36.50 38.24 2018 33.91
4 31.78 33.57 34.76 35.76 37.38 39.25 2019 33.86
5 32.36 34.06 35.33 36.57 38.31 40.26 2020 35.19
6 32.91 34.61 36.04 37.42 39.25 41.12 2021 36.42
7 33,50 35.27 36.79 38.29 40.06 41,80 2022 38.11
8 34.16 35.98 37.59 39.07 40.74 42.30 2023 40.49
9 34.85 36.72 38.30 39.72 41.25 42.81 2024 42.79
10 35.57 37.40 38.92 4024 41.77 43.26 2025 45.20
11 36.23 37.99 39.42 40.74 42.21 43.60 2026 46.51
12 36.81 38.48 39.91 41.19 42.57 43.99 2027 47.19
13 37.29 38.95 40.34 41.55 42.96 44.38 2028 47.16
14 37.77 39.38 40.70 41.95 43.36 44.74 2029 48.65
15 38.19 39.73 41.08 42.33 43.72 45.11 2030 49.17
16 38.55 40.11 41.46 42.69 44.08 45.47 2031 48.97
17 38.92 40.47 41.80 43.04 44.43 45.83 2032 50.99
18 39.28 40.81 42.15 43 39 44.79 46.19 2033 52,37
19 39,62 41.15 42.48 43.74 45.13 46.55 2034 53.06
20 39.95 41.47 42.82 44.08 45.48 46.90 2035 54.55
2036 55.89
2037 57.68
2038 59.09
2039 60.95
2040 62.64
2041 64.10
Note:A seasonal hydro project’is defined as a generation facility which produces at least 55%of its annual generation during the
months of June,July,and August.Order 32802.
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)’s Annual Energy
Outlook 2016,released May 17.2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://’.eia.gov/forecasts/aeo/er/tables_ref.cfm
AVISTA Page 4
AVISTA
AVOIDED COST RATES FOR OTHER PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NONtEVELIZED
CONTRACT ON-lJNE YEAR
LENGTH CONTRACT NON-LEVEIJZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 47.77 31.72 33.91 33.86 55.77 57.30 2016 47.77
2 40.05 32.77 33.88 44.40 56.51 58.27 2017 31.72
3 38.16 33.11 40.63 48.38 57.37 59.42 2018 33.91
4 37.20 38.14 44.34 50.81 58.40 60.57 2019 33.86
5 40.37 41.42 46.89 52.72 59.46 61.73 2020 55.77
6 42.69 43.86 48.96 54.34 60.54 62.72 2021 57.30
7 44.55 45.90 50.72 55.80 61.48 63.53 2022 59.31
8 46.20 47.66 52.28 57.04 62.29 64.17 2023 61.99
9 47.68 49.24 53.63 58.08 62.93 64.81 2024 64.61
10 49.04 50.61 54.76 58.93 63.57 65.38 2025 67.34
11 50.24 51.78 55.70 59.73 64.13 65.84 2026 68.98
12 51.29 52.76 56.57 60.43 64.61 66.36 2027 69.98
13 52.18 53.67 57.33 61.02 65.12 66.87 2028 70.29
14 53.01 54.47 57.99 61.62 65.62 67.34 2029 72.12
15 53.75 55.16 58.64 62,20 66.09 67.82 2030 72.98
16 54.39 55.84 59.26 62.74 66.56 68.28 2031 73.13
17 55.02 56.48 59.83 63.26 67.02 68.75 2032 75.50
18 55.62 57.07 60.38 63.76 67.48 69.21 2033 77.25
19 56.17 57.63 60.90 64.26 67.93 69.67 2034 78.30
20 56.70 58.16 61.41 64.73 68.37 70.13 2035 80.16
2036 81.88
2037 84.05
2038 85.85
2039 88.10
2040 90.19
2041 92.05
Note:Other projects refers to projects other than wind,solar,non-seasonal hydro,and seasonal hydro projects.These Other projects
may include (but are not limited to):cogeneration,biomass,biogas,landfill gas,or geothermal projects.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)’s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http:J/www.eia.gov/forecasts/aeoler/tables ref.cfm
AVISTA Page 5
IDAHO POWER COMPANY
AVOIDED COST RATES FOR WIND PROJECTS
June 15,2016
S/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS>2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 31.72 33.91 33.86 35 19 36.42 2016 2834
2 29.96 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.23 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 39.97 2019 33.86
5 32.35 34.05 35.33 36.56 3886 41.43 2020 35.19
6 32.90 34.60 36.03 37.85 40.18 42.58 2021 36.42
7 33.48 35.26 37.15 39.05 41.26 43.48 2022 38.11
8 34.14 36.27 38.21 40.06 42.14 44.15 2023 40.49
9 35.09 37.25 39.15 40.90 42.82 44.79 2024 46.10
10 36.01 38.11 39.93 41.57 43.46 45.34 2025 48.56
11 36.84 38.86 40.57 42.21 44.01 45.77 2026 49.92
12 37.56 39.48 41.18 42.76 44.46 46.24 2027 50.65
13 38.16 40.06 41.71 43.21 44.93 46.70 2028 50.67
14 38.73 40.58 42.16 43,68 45.39 47.11 2029 52.21
15 39.24 41.02 42.61 44.13 45.81 47.52 2030 52.78
16 39.68 41.46 43.05 44.55 46.22 47.92 2031 52.64
17 40.12 41.89 43.46 44.95 46.62 48.32 2032 54.71
18 40.54 42.28 43.85 45.34 47.01 48.71 2033 56.15
19 40.92 42.67 44.23 45.73 47.39 49.10 2034 56.89
20 41.30 43.03 44.60 46.10 47.77 49.48 2035 58.44
2036 59.83
2037 61.68
2038 63.15
2039 65.07
2040 66.82
2041 68.34
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016.released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http:l/wtw.eia.gov/forecasts/aeofer/tablesref.cfm
IDAHO POWER COMPANY Page 1
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SOLAR PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS>2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 3172 33.91 33.86 35.19 36.42 2016 28.34
2 29.96 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.23 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 46.73 2019 33.86
5 32.35 34,05 35.33 36.56 44.05 52.31 2020 35.19
6 32.90 34.60 36.03 42.00 48.86 56.25 2021 36.42
7 33.48 35.26 40.55 46.18 52.48 59.18 2022 38.11
8 34,14 39.12 44.19 49.47 55.29 61.41 2023 40.49
9 37.51 4233 47.15 52.10 57.50 63.29 2024 76.63
10 40.39 45.01 49.57 54.21 59.38 64.85 2025 79.54
11 42.83 47.24 51.56 56.05 60.97 66.13 2026 81.36
12 44.90 49.11 53.31 57.62 62.30 67.32 2027 82.54
13 46.65 50.76 54.82 58.94 63.53 68.41 2028 83.03
14 48.22 52.20 56.10 60.17 64.65 69.38 2029 85.05
15 49.59 53.44 57.30 61.28 65.65 70.28 2030 86.10
16 50.79 54.60 58.39 62.29 66.58 71,13 2031 86,44
17 51.90 55.66 59.38 63.22 67.44 71.93 2032 89.01
18 52.93 56.62 60.29 64.09 68.26 72.68 2033 90.95
19 53,86 57.51 61.14 64.90 69.02 73.40 2034 92.20
20 5472 58.34 61 95 65 67 69.75 74.08 2035 94.27
2036 96.19
2037 98.57
2038 100.58
2039 103.05
2040 105.35
2041 107.44
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://ww’.eia .gov/forecasts/aeo/er/tables_ref.cfm
IDAHO POWER COMPANY Page 2
IDAHO POWER COMPANY
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
June 15,2016
SIMWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 28 34 3172 33.91 33.86 35.19 36.42 2016 28.34
2 29.96 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.23 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 46.08 2019 33.86
5 32.35 34.05 35.33 36.56 43.54 51.25 2020 35.19
6 32.90 34.60 36.03 41.60 48.02 54.92 2021 36.42
7 33.48 35.26 40.22 45.49 51.40 57.65 2022 38.11
8 34.14 38.85 43,61 48.55 54.02 59.73 2023 40.49
9 37.28 41.84 46.37 51.01 5607 61.49 2024 73.67
10 39.97 44.34 48.64 52 99 57.84 62.95 2025 76.54
11 42.25 46.43 50.49 54.70 59,33 64.16 2026 78.30
12 44.19 48.17 52.13 56.17 60.57 65.28 2027 79.45
13 45.83 49.72 53.54 57.41 61.72 66.30 2028 79.89
14 47.30 51.07 54.75 58.57 62.78 67.22 2029 81.86
15 48.59 52.24 55.87 59.62 63.72 68.08 2030 82.87
16 49.71 53.32 56.90 60,57 64,60 68.87 2031 83.16
17 50.76 54.32 57.83 61.45 65.42 69.63 2032 85.68
18 51.73 55.22 58.70 62.27 66.19 70.35 2033 87.57
19 52.60 56.07 59.50 63.04 6692 71.04 2034 88.77
20 53.42 56.85 60.26 63.77 67.62 71.69 2035 90.79
2036 92.66
2037 94.99
2038 96.95
2039 99.36
2040 101.61
2041 103.65
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See AnnuaI Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http:Ilwww.eia.gov/forecasts/aeo/erltablesref.cfm
IDAHO POWER COMPANY Page 3
IDAHO POWER COMPANY
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVEUZED
L 2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 3172 3391 3386 35.19 36.42 2016 28.34
2 29.96 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.23 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 50.67 2019 33,86
5 32.35 34.05 35.33 36.56 47.07 58.65 2020 35.19
6 32.90 34.60 36.03 44.41 53.93 64.22 2021 36.42
7 33,48 35.26 42.54 50.34 59.03 68.33 2022 38.11
8 34.14 40.79 47.68 54.95 62.96 71.47 2023 40.49
9 38.93 45.30 51.82 58.63 66.06 74.07 2024 94.45
10 42.95 49.03 55.19 61.59 68.67 76.22 2025 97.62
11 46.32 52.13 57.97 64.12 70.86 78.01 2026 99.69
12 49.18 54.72 60.38 66.28 72.70 79.62 2027 101.15
13 51.61 57.00 62.46 68.12 74.37 81.08 2028 101.91
14 53.75 58.98 64.24 69,78 75.88 82.37 2029 104.20
15 55.63 60.69 65.87 71.29 77.22 8356 2030 105.54
16 57.27 62.26 67.34 72.64 78,45 84.66 2031 106.16
17 58.78 63.69 68.67 73.88 79.59 85.69 2032 109.02
18 60.16 6498 69.89 75.02 80.65 86.66 2033 111.25
19 61.40 66.16 71.01 7609 8164 87.57 2034 112.80
20 62,56 67.26 72.06 77,08 82.57 88.43 2035 115.17
2036 117.39
2037 120.09
2038 122.41
2039 125.20
2040 127.83
2041 130.25
Note:A seasonal hydro project is defined as a generation facility which produces at least 55%of its annual generation during the
months of June,July,and August.Order 32802.
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http’/fvww.eia.gov/forecasts/aeo/er/tablesref.cfm
IDAHO POWER COMPANY Page 4
IDAHO POWER COMPANY
AVOIDED COST RATES FOR OTHER PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 3172 3391 33.86 35.19 36.42 2016 28.34
2 29.96 32.77 33.88 34.50 35.78 3723 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.23 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 44.30 2019 33.86
5 32.35 34.05 35.33 36.56 42.18 48.38 2020 35.19
6 32.90 34.60 36.03 40.50 45.73 51.32 2021 36.42
7 33.48 35.26 39.33 43.61 48.44 53.52 2022 38.11
8 3414 38.09 42.04 46.08 50.55 55.19 2023 40.49
9 36.64 40.50 44.26 48.06 5220 56.62 2024 65.62
10 38.81 42.52 46.10 49.66 53.64 57.81 2025 68.37
11 40.67 44.22 47.60 51.06 54.86 58.79 2026 70.02
12 42.25 45.63 48.93 52.26 55.87 59.72 2027 71.04
13 43.59 46.90 50.09 53.27 56.82 60,58 2028 71.36
14 44.80 48.01 51.08 54.22 57.70 61.35 2029 73.21
15 45.86 48.96 52.00 55.10 58.49 62.08 2030 74.09
16 46.78 49.86 52.86 55.89 59.24 62.76 2031 74.26
17 47.65 50.69 53.64 56.63 59.93 63.42 2032 76.64
18 48.46 51.45 54.36 57.33 60.60 64.04 2033 78.41
19 49.20 52.16 55.04 57.99 61.22 64.64 2034 79.47
20 49.88 52.82 55.69 58.61 61.83 65.21 2035 81.35
2036 83.08
2037 85.27
2038 87.08
2039 89.36
2040 91.46
2041 93.34
Note:“Other projects”refers to projects other than wind,solar,non-seasonal hydro,and seasonal hydro projects.These ‘Other projects”
may include (but are not limited to):cogeneration,biomass,biogas,landfill gas,or geothermal projects.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)’s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://www.eia.gov/forecasts/aeo/er/tables_ref.cfm
IDAHO POWER COMPANY Page 5
PACIFICORP
AVOIDED COST RATES FOR WIND PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NONLEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 28.34 3172 33.91 33.86 35.19 36.42 2016 28.34
2 29,97 3277 33,88 34.50 35.78 3723 2017 31.72
3 31.18 33.11 34.28 35,09 36.50 3824 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 3925 2019 33.86
5 32,36 34.05 35.33 36.57 38.30 40.82 2020 35.19
6 32.91 34.61 36.03 37.41 39.69 42.05 2021 36,42
7 33.49 35.27 36.79 38.66 40.83 43.01 2022 38.11
8 34.15 35.97 37.89 39.71 41.75 43.72 2023 40.49
9 34.84 36.98 38.85 40.58 42.46 44.40 2024 42.79
10 35.79 37.87 39.66 41.27 43.13 44.97 2025 48.49
11 36.63 38,63 40.32 41.92 43.70 45.43 2026 49.85
12 37.37 39.26 40.94 42.49 44.17 45.91 2027 50,57
13 3798 39.86 41.49 42.96 44.66 46.38 2028 50.59
14 38.57 40.39 41.95 43.44 45.13 46.82 2029 52.13
15 39.09 40.84 42.41 43.91 45.56 47.24 2030 52.71
16 39.54 41.30 42.87 44.34 45.98 47.65 2031 52.56
17 39.98 41.74 43.28 44.75 46.39 48.07 2032 54.63
18 40.41 42.14 43.68 45.15 46.80 48.47 2033 56.07
19 40.81 42.53 44.07 45.55 47.19 48.87 2034 56.80
20 41.19 42.91 44.45 45.93 47.58 49.26 2035 58.36
2036 59.75
2037 61.59
2038 63.06
2039 64.98
2040 66.73
2041 68,25
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://www.eia,gov/forecasts/aeo/er/tables_ref,cfm
PACIFICORP Page 1
PACIFICORP
AVOIDED COST RATES FOR SOLAR PROJECTS
June 15,2016
S/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects 100 kW or smaller.
LEVELIZED NON-LEVELIZED
CONTRACT ON-liNE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 31.72 33.91 33.86 35.19 36.42 2016 28.34
2 29.97 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 3824 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 39.25 2019 33.86
5 32.36 34.05 35.33 36.57 38.30 45.99 2020 35,19
6 32.91 34.61 36.03 37.41 43.83 50.71 2021 36.42
7 33.49 35.27 36.79 42.06 47.95 54.20 2022 38.11
8 34.15 35.97 40.74 45.68 51.13 56.84 2023 40.49
9 34.84 39.41 43.94 48.58 53.63 59.03 2024 42.79
10 37.88 42.25 46.55 50.90 55.75 60,85 2025 78.80
11 40.45 44.63 48.70 52.91 57.52 62.34 2026 80.61
12 42.63 46.62 50.58 54.62 59.01 63.70 2027 81.78
13 44.48 48.37 52.19 56.06 60.37 64.94 2028 82.26
14 46.12 49.90 53.58 57.39 61.60 66.03 2029 84.26
15 47.57 51.22 54.85 58.60 62.70 67.04 2030 85.31
16 48.83 52.44 56.02 59.68 63.71 67.97 2031 85.64
17 49.99 53.56 57.07 60.68 64.65 68.86 2032 88.19
18 51.07 54.57 58.04 61.61 65.53 69.68 2033 90.13
19 52.04 55.51 58.94 62.48 66.36 70.47 2034 91.36
20 52.95 56.38 59.79 63.30 67.14 71.21 2035 93.42
2036 95.32
2037 97.69
2038 99.69
2039 102.15
2040 104.44
2041 106.52
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://www.eia.gov/forecasts/aeo/er/tables_ref.cfm PACIFICORP Page 2
PACIFICORP
AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS
June 15,2016
$/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LJNE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS>2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 3172 33.91 3386 35.19 36.42 2016 28.34
2 29.97 32.77 33.88 3450 35.78 37.23 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.24 2018 3391
4 31.77 33.57 34.76 35.76 37.38 39.25 2019 33.86
5 32.36 34.05 35.33 36.57 38.30 45.49 2020 35.19
6 32.91 34.61 36.03 37.41 43.43 49.87 2021 36.42
7 33.49 35.27 36.79 4173 47.26 53.11 2022 38.11
8 34.15 35.97 40.47 45.10 50.22 55.56 2023 40.49
9 34.84 39.17 43.44 47.80 52.54 57.61 2024 42.79
10 37.68 41.83 45.88 49.97 54.52 59.31 2025 75.86
11 40.08 44.05 47.89 5184 56.18 60.70 2026 77.62
12 42.12 45.90 49.64 53.44 57.57 61.98 2027 78.75
13 43.85 47.54 51,16 54.79 58.84 63.13 2028 79.19
14 45.39 48.97 52.45 56.04 60.00 64.16 2029 81.15
15 46.74 50.21 53.65 57.17 61.03 65.12 2030 82.14
16 47.92 51.36 54.74 58.19 61.99 66.00 2031 82.43
17 49.02 52.41 55.73 59.14 62.88 66.84 2032 84.93
18 50.03 53 36 56.65 60.01.63.71 67.62 2033 86.82
19 50.95 54.25 57.50 60.84 64.50 68.37 2034 88.01
20 51.81 55.07 58.30 61.61 65.24 69.08 2035 90.02
2036 91.87
2037 94.19
2038 96.14
2039 98.54
2040 100.78
2041 102.80
Note:These rates will be further adjusted with the applicable integration charge,
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http:Ilwww.eia.gov)forecaats/aeo/er/tables_ref.cfm
PACIFICORP Page 3
PACIFICORP
AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS
June 15,2016
S/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NONLEVELlZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 28.34 31.72 33.91 33.86 35.19 36.42 2016 28.34
2 29.97 32.77 33 88 34.50 35.78 3723 2017 31.72
3 31.18 33.11 34.28 35.09 36.50 38.24 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 39.25 2019 33.86
5 32.36 34.05 35.33 36.57 38.30 49.01 2020 35.19
6 32.91 34.61 36.03 37.41 46.24 55.76 2021 36.42
7 33,49 35.27 36,79 44.04 52.11 60.72 2022 38.11
8 34,15 35.97 42.41 49.17 56.61 64.49 2023 40.49
9 34.84 40.82 46.91 53,24 60.15 67.57 2024 42.79
10 39.10 44.81 50.57 56.52 63.11 70.11 2025 96.49
11 42.68 48.13 53.59 59,32 65.59 7221 2026 9855
12 45.70 50.91 56.20 61.69 67.66 74.08 2027 99.99
13 4826 53.33 58.44 63.71 69.53 75.76 2028 100.73
14 50.53 55.44 60.36 65.53 71.20 77.24 2029 103.01
15 5251 57.27 62.11 67.17 72.69 78,59 2030 104.32
16 54.24 58.94 63.69 68.63 74.05 79.82 2031 104.93
17 55.83 60.45 65.11 69.98 75.30 80.98 2032 107.77
18 57.28 61.82 66.42 71.21 76.46 82.05 2033 109.99
19 58.59 63.08 67.62 72.36 77.54 83.06 2034 111.52
20 59.80 64.24 68.74 73.43 78.55 84.01 2035 113.87
2036 116.08
2037 118.75
2038 121.06
2039 123.83
2040 126.44
2041 128.84
Note:A ‘seasonal hydro project’is defined as a generation facility which produces at least 55%of its annual generation during the
months of June,July,and August.Order 32802.
Note:These rates will be further adjusted with the applicable integration charge.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)’s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://ww.eia .gov/forecasts/aeo/er/tables_ref.cfm
PACIFICORP Page 4
PACIFICORP
AVOIDED COST RATES FOR OTHER PROJECTS
June 15,2016
S/MWh
New Contracts and Replacement Contracts without Full Capacity Payments
Eligibility for these rates is limited to projects smaller than 10 aMW.
LEVELIZED NON-LEVELIZED
CONTRACT ON-LINE YEAR
LENGTH CONTRACT NON-LEVELIZED
(YEARS)2016 2017 2018 2019 2020 2021 YEAR RATES
1 2834 31.72 33.91 33.86 3519 36.42 2016 28.34
2 29.97 32.77 33.88 34.50 35.78 37.23 2017 31.72
3 31.18 33.11 3428 35.09 36.50 38.24 2018 33.91
4 31.77 33.57 34.76 35.76 37.38 39.25 2019 33.86
5 32.36 34.05 35.33 36.57 38.30 44.13 2020 35.19
6 32.91 34.61 36.03 37.41 42.34 47.59 2021 36,42
7 33.49 35.27 36,79 40.83 45.38 50.16 2022 38.11
8 34.15 35.97 39.72 43.53 47.75 52.11 2023 40,49
9 34.84 38.53 42.10 45.69 49.60 5376 2024 42.79
10 37.13 40.67 4407 47.43 51.20 55.12 2025 67.87
11 39.07 42.47 45.68 48.95 52.54 56.24 2026 69.52
12 4073 43.96 47.10 50.25 53.66 57.29 2027 70.53
13 42.14 45.30 48.33 51.34 54.70 58.25 2028 70.84
14 43.40 46.47 49.38 52.36 55.66 59.10 2029 72.68
15 44.51 47.48 50.37 53.30 56.52 59.90 2030 73.55
16 45.48 48.42 51.28 54.15 57.32 60.65 2031 73.71
17 46.38 49.29 52.10 54.94 58.07 61.36 2032 76.09
18 47.23 50.09 52.86 55.68 58.78 62.03 2033 77.85
19 47.99 50.83 53.58 56.38 59.45 62.68 2034 78.90
20 48.71 51.52 54.26 57.04 60.09 63.30 2035 80.78
2036 82.50
2037 84.68
2038 86.49
2039 88.75
2040 90,84
2041 92,72
Note:Other projects refers to projects other than wind,solar,non-seasonal hydro,and seasonal hydro projects.These “Other projects’
may include (but are not limited to):cogeneration,biomass,biogas,landfill gas,or geothermal projects.
Note:The rates shown in this table have been computed using the U.S.Energy Information Administration (EIA)’s Annual Energy
Outlook 2016,released May 17,2016.See Annual Energy Outlook 2016,Table 3.8 Energy Prices by Sector-Mountain at
http://www.eia.gov/forecasts/aeo/er/tablesref.cfm
PACIFICORP Page 5