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HomeMy WebLinkAbout20170523PacifiCorp Letter of Acceptance.pdfY ROCKY MOUNTAIN FTOWER I. .ir-'r--li!/t::t',. ,-. / 1.. i ,t t--t_) iiiiii','r iil $11 t0rlqB 1407 West North Temple, Suite 310 Salt Lake City, Utah 84116 May 23,2017 VA ELECTRONIC FILING I l"lt5[icl] Idaho Public Utilities Commission 472West Washington Boise,ID 83702-5983 Attention:Diane Hanian Commission Secretary Daphne J. Huang Deputy Attorney General Re:CASE NO. PAC.E.I7-05: UPDATE TO PUBLISHED AVOIDED COST RATES TO REFLECT AN UPDATED NATURAL GAS PRICE FORECAST OF THE U.S. ENERGY INFORMATION ADMINISTRATION (EIA) Dear Ms. Huang; Thank you for your letter and worksheets dated May 16, 2017, in which you provided the Surrogate Avoided Resource rates updated to incorporate the U.S. Energy Information Administration's (EIA's) release of a new natural gas price forecast in their Annual Energy Outlook 2017 issued January 5,2017. PacifiCorp has reviewed staff s update to the SAR model incorporating EIA's gas forecast and the resulting published avoided cost rates. This letter acknowledges that the rates have been updated correctly and that the Company accepts the new schedules as accurate. Any informal inquiries should be directed to Ted Weston at (801) 220-2963. Sincerely, Vice President, Regulation