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HomeMy WebLinkAbout20160715Application ERRATA page 3.pdfROCKY MOUNTAIN POWER R EC E IVED 2ill6 jiil I 5 AH l0: 0 | it ' ,1".r i-Jlli"lC. ii).\iiflSSt0F.t 1407 W. North Temple, Suite 320 Salt Lake City, Utah 84116 Re: July 15,2016 VA OWRNIGHT DELIVERY Jean D. Jewell Commission Secretary Idaho Public Utilities Commission 472W. Washington Boise, lD 83702 CASE NO. PAC.E-16.11 IN THE MATTER OF THE APPLICATION OF ROCKY MOUNTAIN POWER FOR APPROVAL OF AN ADDENDUM TO THE LOWER VALLEY ENERGY, INC. POWER PURCHASE AGREEMENT. Dear Ms. Jewell: Please find enclosed for filing an original and seven (7) copies of an errata page 3 for Rocky Mountain Power's Application in the above-referenced matter. Informal inquiries may be directed to Ted Weston, Idaho Regulatory Manager at (801)220-2963. Enclosure II. EXTENDING THE POWER PURCHASE AGREEMENT 6. On December 2,2015, LVE contacted RMP requesting an extension to its existing PPA contract which was set to expire September 30,2016. LVE and RMP engaged in discussions regarding the term of the desired extension. Initially LVE indicated they would like to extend the contract two to three years. LVE is a BPA customer and anticipates utilizing the output from its generation facilities to serve future load growth. 7. After further consideration in March 2016 LVE notified the Company it would like a one-year extension. At that point LVE still needed to obtain a point to point transmission agreement with BPA before the contract could be finalized. On June 5, 2016, LVE provided a signed copy of the addendum to RMP the addendum was circulated intemally for review prior to signing on June 22,2016. 8. The confirming non-levelized energy rates for the LVE PPA were the avoided cost rates for non-seasonal hydro projects approved by the Commission December 14, 2015. For all energy deliveries October l, 2016 through December 31, 2016 the non- levelized energy rate is $34.06 per megawatt-hour. For energy delivered January 1,2017 through September 30,2017 the rate is $34.42 per megawatt-hour. 9. A copy of the addendum to the contract is provided as Attachment No. 1 and the original PPA contract is provided as Attachment No.2 to this Application. III. COMMUNICATIONS 10. Communications regarding this Application should be addressed to: Ted Weston 1407 West North Temple, Suite 330 Salt Lake City, Utah 84116 Telephone: (801) 220-2963