Loading...
HomeMy WebLinkAbout20170531final_order_no_33773.pdfOffice of the Secretary Service Date May 31,2017 BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE ANNUAL UPDATE ) TO PUBLISHED AVOIDED COST RATES )CASE NOS.AVU-E-17-02 BASED ON THE UPDATED NATURAL GAS )IPC-E-17-07 PRICE FORECAST OF THE U.S.ENERGY )PAC-E-17-05 INFORMATION ADMINISTRATION (EIA)) _________________________________ )ORDER NO.33773 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 (ETA)triggered an updated calculation of avoided cost rates. EIA UPDATE TO THE NATURAL GAS PRICE FORECAST Because the surrogate resource is based on natural gas plant pricing,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 EIA’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 ETA 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 ETA’s most recent annual natural gas price forecast.Staff provided Avista, ORDER NO.33773 1 Idaho Power,and PacifiCorp with worksheets on May 16.2017.for review and comment. showing the computation of the updated avoided cost rates. In its response letter,Avista identified an issue with capacity payment calculations for replacement contracts.’However,both Avista and PacifiCorp acknowledged that the rates as presented are correct. Idaho Power objected to use of the EIA’s Mountain Region natural gas forecast upon which the updated avoided cost rates are based.Idaho Power believes that the continued use of this forecast “results in an artificially high price that customers should not be required to pay.” Response and Objection of Idaho Power Company at 7.Instead,Idaho Power proposed using the ETA’s natural gas spot price at Henry Hub:High Oil and Gas Resource and Technology forecast,adjusted for Sumas and Idaho City Gate.which is used in Idaho Power’s 2017 Integrated Resource Planning process and Incremental Cost IRP methodology. Staff recommended that its proposed updated rates be approved,effective June 1, 2017 (per Order No.32697),but that the Commission accept Idaho Power’s objection as an application in a generic proceeding (as to all three utilities)to revise the Commission’s methodology for updating published avoided cost rates to reflect updated natural gas price forecasts.In such proceeding,all electric utilities and interested parties would have the opportunity to provide comment so the Commission can more fully understand the impact of Idaho Power’s proposal. Staff advised that it contacted Idaho Power,and Idaho Power indicated it did not object to Staff’s proposal for processing Idaho Power’s objection. 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 Staff believes the issue is outside the scope of this case as it only affects Avista,as a winter peaking utility,not the other two utilities which are summer peaking.Staff indicated it will discuss the issue with Avista. ORDER NO.33773 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.The annual update to the SAR methodology’s avoided cost rates is a relatively simple arithmetic re-calculation.We find that the accuracy of the calculations and the resulting rates disseminated by Staff based upon EIA’s most recent annual natural gas price forecast have not been challenged.The objection raised by Idaho Power —the only objection to Staff’s calculations and proposed rates —concerns the particular EIA forecast Staff used to update published avoided cost rates.We further find that the ETA’s “reference case”natural gas price forecast for the Mountain Region’s Electric Power sector has been used to update published avoided cost rates each year for the past four years without objection.See Order Nos.32817, 33041,33305,33538.We find the updated published avoided cost rates are fair,just,and reasonable. However,we find it appropriate to consider Idaho Power’s objection in a separate matter through which the other utilities and any interested parties can provide comments to fully inform the Commission about the issue.Idaho Power having expressed agreement to process its objection as such,we direct the Commission Secretary to treat Idaho Power’s objection filed in this matter as an application in a new generic case.We will issue notice of that application and notice of a 14-day period for petitions to intervene therein. ORDER IT IS HEREBY ORDERED that the updates to published avoided cost rates for Avista,Idaho Power,and PacifiCorp are approved,effective June 1,2017. IT IS FURTHER ORDERED that the Commission Secretary shall accept Idaho Power’s objection in this case as an application,and open a separate generic case in which the Commission will issue notice of the application and a 14-day period for petitions to intervene therein. 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 §61-626. ORDER NO.33773 3 DONE by Order of the Idaho Public Utilities Commission at Boise,Idaho this ?/ day of May 2017 ATTEST: 2 f/.p‘A k KRITINE RAPER,C Diane M.Hanian Commission Secretary O:AVU-E-I 7O2 IPC-E-I 7-O7PACE-I 7-O5djh ERIC ANDERSON,COMMISSIONER ORDER NO.33773 4 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 6 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 -0 8 Se c t o r an d So u r c e 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 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 15 . 1 7 11 . 8 9 14 . 2 7 16 . 4 5 17 . 7 8 18 . 6 0 19 . 2 4 19 . 7 7 20 . 1 0 20 . 4 2 Re s i d u a l Fu e l Oi l 4. 0 4 3. 1 1 3. 5 5 5. 9 9 7. 7 6 9. 1 8 10 . 4 3 11 . 5 7 11 . 9 3 12 . 2 2 Na t u r a l Ga s 3. 2 8 2. 9 4 3. 6 5 3. 9 6 4. 2 7 4. 3 7 4. 3 7 4. 2 2 4. 2 1 4. 3 2 St e a m Co a l 1. 8 5 1. 8 4 1. 9 0 1. 8 7 1. 8 8 1. 9 0 1, 8 8 1. 8 9 1. 8 8 1. 8 7 Ur a n i u m 0. 5 4 0. 5 6 0. 6 0 0. 6 2 0. 6 2 0. 6 2 0. 6 4 0. 6 6 0. 6 9 0. 7 0 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 14 . 9 6 11 . 8 9 14 . 5 8 17 . 1 4 18 . 9 1 20 . 2 2 21 3 8 22 . 4 6 23 . 3 3 24 . 1 8 Re s i d u a l Fu e l Oi l 3. 9 8 3. 1 1 3. 6 3 6. 2 4 8. 2 6 9. 9 8 11 . 5 9 13 . 1 4 13 . 8 5 14 . 4 7 Na t u r a l Ga s 3. 2 4 2. 9 4 3. 7 3 4. 1 3 4. 5 4 4. 7 5 4. 8 6 4. 7 9 4. 8 9 5. 1 2 St e a m Co a l 1. 8 3 1. 8 4 1. 9 5 1. 9 5 2. 0 0 2. 0 6 2. 0 9 2. 1 4 2. 1 8 22 1 Ur a n i u m 0. 5 3 0. 5 6 0. 6 1 0. 6 4 0. 6 6 0. 6 7 0. 7 1 0. 7 5 0. 8 0 0. 8 3 20 2 5 20 2 6 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 ... . .. . 20 . 9 0 21 . 2 8 21 . 5 3 21 . 5 3 21 . 7 9 22 . 2 3 22 . 6 4 23 . 1 0 23 . 0 7 23 . 4 0 23 . 5 4 24 . 0 7 24 . 1 6 24 . 3 2 24 . 6 6 24 . 8 7 12 . 6 2 12 3 4 13 . 0 7 13 . 1 3 13 . 3 8 13 . 7 1 14 . 0 3 14 . 4 0 14 . 3 9 14 . 6 5 14 . 7 9 15 . 2 1 15 . 2 9 15 . 3 9 15 . 6 0 15 . 7 7 4. 6 1 4. 7 9 4. 8 2 4. 8 4 4. 8 8 4. 8 4 4. 8 0 4. 8 1 4. 7 8 4. 8 0 4. 8 4 4. 8 7 4. 9 2 4. 9 2 4. 9 6 5. 0 1 1. 8 5 1. 8 5 1. 8 4 1. 8 3 1. 8 2 1. 8 3 1. 8 3 1. 8 5 1. 8 6 1. 8 7 1. 8 8 1. 9 0 1. 9 0 1. 9 1 1. 9 2 1. 9 4 0. 7 4 0. 7 6 0. 7 8 0. 8 0 0. 8 1 0. 8 2 0. 8 4 0. 8 6 0. 8 9 0. 9 1 0. 9 4 0. 9 6 0. 9 9 1. 0 2 1. 0 5 1. 0 8 25 . 2 8 26 . 3 2 27 . 2 5 27 . 8 4 28 . 8 0 30 , 0 3 31 . 2 4 32 . 5 5 33 . 1 6 34 . 2 8 35 . 1 4 36 . 6 1 37 . 4 2 38 . 3 8 39 . 6 7 40 , 7 8 15 . 2 7 16 . 0 1 16 . 5 4 16 . 9 8 17 . 6 9 18 . 5 2 19 . 3 7 20 . 3 0 20 . 6 8 21 . 4 7 22 . 0 7 23 . 1 3 23 . 6 9 24 . 2 9 25 . 0 9 25 . 8 6 5. 5 7 5. 9 2 6. 1 0 6. 2 6 6. 4 5 6. 5 4 6. 6 3 6. 7 7 6. 8 7 7. 0 3 7. 2 2 7. 4 1 7. 6 2 7. 7 7 7. 9 7 8. 2 2 2. 2 4 2. 2 9 2. 3 3 2. 3 7 2. 4 1 2. 4 7 2. 5 3 2. 6 1 2. 6 7 2. 7 4 2. 8 1 2. 8 9 2. 9 5 3. 0 2 3. 0 9 3. 1 8 0. 8 9 0. 9 4 0. 9 8 1. 0 3 1. 0 7 1. 1 0 1. 1 6 1. 2 2 1. 2 8 1. 3 4 1. 4 0 1. 4 7 1. 5 4 1. 6 1 1. 6 9 1. 7 7 AVISTA AVOIDED COST RATES FOR WIND PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 28.61 31.48 34.42 38.93 39.80 39.43 2017 28.61 2 29.99 32.89 36.59 39.35 39,62 39.81 2018 31.48 3 31.36 34.76 37.58 39.38 39.81 40.46 2019 34.42 4 33.04 35.88 37.99 39.56 40.28 41.53 2020 38.93 5 34.19 36.48 38.37 39.97 41.13 42.61 2021 39.80 6 34.91 36.99 38.86 40.69 42.05 43.51 2022 39.43 7 35.51 37.55 39.58 41.49 42.85 44.28 2023 40.22 8 36.11 38.28 40.36 42.22 43.56 45.00 2024 41.93 9 36.85 39.04 41.07 42.88 44.23 45.61 2025 45.26 10 37.61 39.75 41.72 43.50 44.81 46.15 2026 47.84 11 38.31 40.39 42.33 44.05 45.33 46.65 2027 49.20 12 38.95 41.00 42.87 44.54 45.81 47.11 2028 50.42 13 39.56 41.54 43.36 45.01 46,26 47.55 2029 51.88 14 40.10 42.03 43.83 45.44 46.68 47.98 2030 52.60 15 40.59 42.50 44.25 45.85 47.10 48.41 2031 53.33 16 41.05 42.92 44.66 46.25 47.51 48.83 2032 54.48 17 41.48 43.33 45.06 46.65 47.92 49.23 2033 55.32 18 41.88 43.72 45.45 47.04 48.31 49.63 2034 56.55 19 42.28 44.11 45.83 47.41 48.68 50.02 2035 57.99 20 42.65 44.48 46.19 47.77 49.06 50.39 2036 59.45 2037 61.10 2038 62.26 2039 63.80 2040 65.68 2041 66.82 2042 68.84 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.govloutlooks/aeo/tables_ref.cfm AVISTA Page 1 AVISTA AVOIDED COST RATES FOR SOLAR PROJECTS June 01,2017 $/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>2017 2018 2019 2020 2021 2022 YEAR RATES 1 28.61 31.48 34.42 40.31 41.20 40.85 2017 28.61 2 29.99 32.89 37,25 40.74 41,03 41.23 2018 31.48 3 31.36 35.18 38.47 40.77 41.22 41.90 2019 34.42 4 33.34 36.52 39.00 40.97 41.70 42.97 2020 40.31 5 34.69 37.26 39.45 41.38 42.56 44.06 2021 41.20 6 35.53 37.86 39.99 42.11 43.49 44.97 2022 40.85 7 36.22 38.48 40.75 42.92 44.30 45.76 2023 41,65 8 36.89 39.26 41.56 43.66 45.02 46.48 2024 43.38 9 37.68 40.07 42.29 44.33 45.70 47.10 2025 46.74 10 38.49 40.81 42.96 44.96 46.29 47.64 2026 49.34 11 39.23 41.48 43.60 45.52 46.81 48.16 2027 50.72 12 39.90 42.11 44.16 46.02 47.30 48.62 2028 51.97 13 40.54 42.68 44.66 46.49 47.76 49.07 2029 53.45 14 41.11 43.19 45.14 46.92 48.19 49.51 2030 54.19 15 41.62 43.67 45.58 47.34 48.62 49.95 2031 54.95 16 42.10 44.11 46.00 47.75 49.04 50.38 2032 56.11 17 42.54 44.53 46.41 48.16 49.45 50.78 2033 56.98 18 42.97 44.94 46.81 48.55 49,84 51.18 2034 58.23 19 43.37 45.34 47.20 48.93 50.23 51.58 2035 59.70 20 43.77 45.72 47.57 49.30 50.61 51.96 2036 61.19 2037 62.86 2038 64.05 2039 65.61 2040 67.52 2041 68.69 2042 70.73 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https:f/www.eia.gov/outlooks/aeo/tables_ref.cfm AVISTA Page 2 AVISTA AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 3442 4665 4764 4738 2017 28,61 2 2999 32.89 40.31 47.13 47.52 47.82 2018 31.48 3 31.36 37.14 42.57 47.21 47.75 48.52 2019 34.42 4 34.76 39.47 43.64 47.45 48.28 49.64 2020 46.65 5 36.96 40.82 44.43 47.90 49.18 50.77 2021 47.64 6 38.38 41.84 45.21 48.67 50.15 51.73 2022 47.38 7 39.49 42.77 46.15 49.53 51.00 52.56 2023 48.28 8 40.49 43.79 47.10 50.30 51.77 53.32 2024 50.11 9 41.55 44.79 47.96 51.01 52.48 53.98 2025 53.57 10 42.57 45.69 48.73 51.68 53.11 54.57 2026 56.27 11 43.48 46.50 49.45 52.28 53.67 55.12 2027 57.75 12 44.31 47.25 50.09 52.81 54.20 55.62 2028 59.10 13 45.08 47.92 50.67 53.32 54.69 56.11 2029 60.68 14 45.76 48.52 51.21 53.79 55.16 56.59 2030 61.54 15 46.38 49.08 51.71 54.24 55.62 57.05 2031 62.40 16 46.95 49.60 52.18 54.69 56.07 57.52 2032 63.67 17 47.48 50.09 52.64 55.12 56.52 57.96 2033 64.65 18 47.98 50.56 53.09 55.55 56.94 58.39 2034 66.02 19 48.46 51.02 53.52 55.96 57.36 58.82 2035 67.60 20 48.92 51.46 53.94 56.36 57.77 59.23 2036 69.20 2037 70.99 2038 72.30 2039 73.98 2040 76.02 2041 77.31 2042 79.48 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 2017.released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tables_ref.cfm AVISTA Page 3 AVISTA AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 31,48 34,42 35.95 36.78 36.36 2017 28.61 2 29.99 32.89 35.16 36.35 36.57 36.71 2018 31.48 3 31.36 33.84 35.65 36.35 36.74 37.35 2019 34.42 4 32.38 34.49 35.81 36.52 37.19 38.39 2020 35.95 5 33.13 34.81 36.03 36.90 38.02 39.45 2021 36.78 6 33.57 35.12 36.40 37.60 38.91 40.33 2022 36.36 7 33.97 35.53 37.04 38.39 39.70 41.09 2023 37.10 8 34.42 36.15 37.75 39.10 40.39 41.78 2024 38.76 9 35.03 36.82 38.40 39.74 41.04 42.38 2025 42.05 10 35.69 37.45 39.01 40.34 41.61 42.89 2026 44.58 11 36.31 38.03 39.58 40.87 42.10 43.38 2027 45.89 12 36.88 38.59 40.08 41.35 42.57 43.82 2028 47.07 13 37.42 39.08 40.54 41.80 43.00 44.24 2029 48.48 14 37.91 39.53 40.97 42.21 43.41 44.66 2030 49.15 15 38.35 39.95 41.37 42.61 43.81 45.07 2031 49.83 16 38.77 40.34 41.75 42.99 44.21 45.47 2032 50.92 17 39.16 40.72 42.13 43.37 44.60 45.86 2033 51.71 18 39.53 41.08 42.49 43.75 44.97 46.24 2034 52.89 19 39.89 41.44 42.85 44.10 45.33 46.61 2035 54.28 20 40.23 41.79 43.20 44.45 45.69 46.97 2036 55.68 2037 57.27 2038 58.38 2039 59.86 2040 61.69 2041 62.77 2042 64.72 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tables ref.cfm AVISTA Page 4 AVISTA AVOIDED COST RATES FOR OTHER PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 31.48 34.42 56.53 57.66 57.55 2017 28.61 2 29.99 32.89 45.06 57.08 57.61 58.06 2018 31.48 3 31.36 40.18 48.94 57.22 57.92 58.84 2019 34.42 4 36,95 44.07 50.86 57.53 58.51 60.03 2020 56.53 5 40.49 46.37 52.18 58.05 59.48 61.23 2021 57.66 6 42.82 48.04 53.33 58.89 60.51 62.24 2022 57.55 7 44.59 49.45 54.55 59.81 61.43 63.14 2023 58.60 8 46.10 50.84 55.73 60.64 62.26 63.97 2024 60.58 9 47.56 52.14 56.77 61.41 63.04 64.69 2025 64.19 10 48.91 53.29 57.70 62.14 63.73 65.34 2026 67.05 11 50.10 54.31 58.56 62.80 64.35 65,95 2027 68.69 12 51.17 55.25 59.32 63.39 64.93 66.51 2028 70.20 13 52.14 56.07 60.01 63.95 65.48 67.05 2029 71.95 14 53.00 56.82 60.65 64.48 66.00 67.59 2030 72.96 15 53.78 57.51 61.24 64.98 66.52 68.11 2031 73.99 16 54.50 58.14 61.80 65.48 67.02 68.63 2032 75.44 17 55.16 58.74 62.34 65.96 67.52 69.12 2033 76.59 18 55.78 59.31 62.86 66.44 67.99 69.60 2034 78.13 19 56.37 59.86 63.37 66.90 68.46 70.08 2035 79.89 20 56.93 60.38 63.85 67.34 68.92 70.54 2036 81.67 2037 83.64 2038 85.14 2039 87.01 2040 89.24 2041 90.72 2042 93.09 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 2017,released January 2017.See Annual Energy Outlook 2017.Table 3.8 Energy Prices by Sector-Mountain at https:/Iwww.eia.gov/outlooks/aeo/tables_ref.cfm AVISTA Page 5 IDAHO POWER COMPANY AVOIDED COST RATES FOR WIND PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 28.61 31.48 34.42 35.95 36.78 36.36 2017 28.61 2 29.99 32.89 35,15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 38.36 2019 34.42 4 32.37 34.48 35.81 36.52 37.92 39.92 2020 35.95 5 33.12 34.80 36.03 37.46 39.19 41.29 2021 36.78 6 33.56 35.11 36.85 38.54 40.38 42.39 2022 36.36 7 33.95 35.89 37.80 39.59 41.38 43.30 2023 37.10 8 34.71 36.78 38.75 40.50 42.24 44.12 2024 42.07 9 35.56 37.67 39.60 41.30 43.02 44.80 2025 45.41 10 36.41 38.47 40.35 42.04 43.69 45.40 2026 47.99 11 37.18 39.19 41.04 42.68 44.27 45.95 2027 49.35 12 37.88 39.86 41.66 43.24 44.81 46.45 2028 50.58 13 38.53 40.45 42.20 43.77 45.30 46.92 2029 52.04 14 39.11 40.98 42.71 44.24 45.77 47.38 2030 52.76 15 39.63 41.48 43.17 44.70 46.22 47.82 2031 53.50 16 40.12 41.94 43.61 45.13 46.65 48.26 2032 54.64 17 40.57 42.37 44.04 45.56 47.08 48.67 2033 55.49 18 40.99 42.78 44.44 45.97 47.48 49.07 2034 56.72 19 41.40 43.18 44.84 46.36 47.87 49.47 2035 58.16 20 41.79 43.57 45.22 46.74 48.26 49.85 2036 59.63 2037 61.27 2038 62.44 2039 63.98 2040 65.87 2041 67.01 2042 69.03 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tables ref.cfm IDAHO POWER COMPANY Page 1 IDAHO POWER COMPANY AVOIDED COST RATES FOR SOLAR PROJECTS June01,2017 $/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-LIN YEAR LENGTH CONTRACT NON-LEVELIZED (YEARS)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 31.48 34.42 35.95 36,78 36.36 2017 28.61 2 29.99 32.89 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 47.75 2019 34.42 4 32.37 34.48 35.81 36.52 44.68 54.09 2020 35.95 5 33.12 34.80 36.03 42.65 50.06 58.39 2021 36.78 6 33.56 35.11 40.99 47.23 54.05 61.50 2022 36.36 7 33.95 39.29 44.94 50.81 57.08 63.89 2023 37.10 8 37.56 42.76 48.16 53.66 59.50 65.85 2024 72.61 9 40.65 45.67 50.79 55.98 61.51 67.46 2025 76.39 10 43.30 48.11 52.99 57.96 63.19 68.81 2026 79.43 11 45.56 50.18 54.89 59.64 64.63 70.01 2027 81.25 12 47.51 51.99 56.51 61.08 65.90 71.07 2028 82.94 13 49.23 53.56 57.93 62.36 67.02 72.03 2029 84.88 14 50.73 54.93 59.19 63.50 68.04 72.93 2030 86.08 15 52.06 56.17 60.32 64.53 68.98 73.77 2031 87.30 16 53.26 57.28 61.35 65.49 69.86 74.56 2032 88.94 17 54.34 58.29 62.30 66.38 70.68 75.30 2033 90.29 18 55.33 59.23 63.19 67.21 71.45 76.00 2034 92.03 19 56.24 60.10 64.02 67.99 72.17 76.67 2035 93.99 20 57.09 60.91 64.78 68.71 72.86 77.30 2036 95.98 2037 98.16 2038 99.87 2039 101.96 2040 104.40 2041 106.11 2042 108.71 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tables ref.cfm IDAHO POWER COMPANY Page 2 IDAHO POWER COMPANY AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 3442 35.95 3678 36.36 2017 28.61 2 29.99 32.89 35.15 36,35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 46.84 2019 34.42 4 32.37 34.48 35.81 36.52 44.02 52.72 2020 35.95 5 3312 34.80 36.03 42.14 49.01 56.73 2021 36.78 6 33.56 35.11 40.59 46.38 52.72 59.64 2022 36.36 7 33.95 38.96 44.25 49.73 55.56 61.89 2023 37.10 8 37.29 42.18 47.25 52.38 57.82 63.74 2024 69.65 9 40.15 44.90 49.70 54.56 59.72 65.26 2025 73.39 10 42.63 47.17 51.76 56.42 61.30 66.54 2026 76.38 11 44.75 49.11 53.54 57.99 62.65 67.68 2027 78.15 12 46.57 50.81 55.07 59.35 63.85 68.68 2028 79.80 13 48.19 52.28 56.40 60.55 64.91 69.59 2029 81.69 14 49.60 53.58 57.59 61.63 65.88 70.45 2030 82.85 15 50.85 54.74 58.66 62.61 66.77 71.25 2031 84.02 16 51.98 55,79 59.63 63.51 67.61 72.00 2032 85.61 17 53.00 56,74 60.53 64.36 68.39 72.71 2033 86.91 18 53.93 57.63 61.37 65.15 69.12 73.38 2034 88.61 19 54.80 58.45 62.16 65.89 69.81 74.03 2035 90.52 20 55.61 59.23 62.89 66.58 70.47 74.63 2036 92.45 2037 94.58 2038 96.24 2039 98.28 2040 100.66 2041 102.32 2042 104.85 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://ww.eia.gov/outlooks/aeo/tables_ref.cfm IDAHO POWER COMPANY Page 3 IDAHO POWER COMPANY AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS June 01,2017 $/MWh New Contracts and Replacement Contracts without Full Capacity Payments Eligibility forthese rates is limited to projects smallerthan IOaMW. LEVELIZED —NON-LEVELIZED CONTRACT ON-LINE YEAR LENGTH CONTRACT NON-LEVELIZED (YEARS)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 3442 35.95 3678 3636 2017 28,61 2 29.99 32.89 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 53.23 2019 34.42 4 32.37 34.48 35.81 36.52 48.62 62.36 2020 35.95 5 33.12 34.80 36.03 45.67 56.41 68.37 2021 36.78 6 33.56 35.11 43.41 52.29 62.02 72.64 2022 36.36 7 33.95 41.28 49.10 57.36 66.24 75.89 2023 37.10 8 39.23 46.25 53.65 61.33 69.56 78.52 2024 90.42 9 43.62 50.34 57.32 64.55 72.30 80.67 2025 94.47 10 47.32 53.73 60.36 67.25 74.57 82.47 2026 97.77 11 50.45 56.59 62.96 69.53 76.50 84.05 2027 99.85 12 53.13 59.06 65.18 71.48 78.19 85.43 2028 101.82 13 55.47 61.20 67.10 73.20 79.68 86.68 2029 104.03 14 57.51 63.07 68.81 74.73 81.03 87.83 2030 105.52 15 59.31 64.73 70.33 76.11 82.26 88.90 2031 107.02 16 60.92 66.22 71.70 77.37 83.39 89.90 2032 108.95 17 6237 67.58 72.96 78.53 84.45 90.83 2033 110.59 18 63.69 68.82 74.12 79.61 85.43 91.70 2034 112.63 19 6490 69.96 75.20 80.60 86.34 92.53 2035 114.89 20 66.02 71.03 76.20 81.54 87.21 93.31 2036 117.19 2037 119.68 2038 121.71 2039 124.12 2040 126.88 2041 128.92 2042 131.85 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://ww.eia.govfoutlooks/aeo/tables_ref.cfm IDAHO POWER COMPANY Page 4 IDAHO POWER COMPANY AVOIDED COST RATES FOR OTHER PROJECTS June 01,2017 $/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>2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 3442 35.95 3678 3636 2017 2861 2 2999 3289 3515 3635 3657 3671 2018 3148 3 3135 3383 3565 36,35 36.74 44.37 2019 34.42 4 32.37 34.48 35.81 36.52 42.24 48.98 2020 35.95 5 33.12 34.80 36.03 40.78 46.14 52.23 2021 36.78 6 33.56 35.11 39.50 44.09 49.12 54.61 2022 36.36 7 33.95 38.07 42.37 46.77 51.42 56.46 2023 37.10 8 36.53 40.60 44.77 48.91 53.28 58.01 2024 61.60 9 38.81 42.79 46.75 50.69 54.85 59.29 2025 65.22 10 40.82 44.63 48.43 52.22 56.16 60.37 2026 68.09 11 42.54 46.22 49.90 53.52 57.29 61.34 2027 69.75 12 44.04 47.62 51.16 54.65 58.29 62.19 2028 71.28 13 45.37 48.83 52.26 55.66 59.19 62.98 2029 73.04 14 46.54 49.90 53.25 56.56 60.01 63.72 2030 74.07 15 47.58 50.87 54.14 57.38 60.77 64.41 2031 75.11 16 48.52 51.75 54.96 58.15 61.49 65.08 2032 76.57 17 49.37 52.55 55.72 58.87 62.17 65.70 2033 77.75 18 50.16 53.30 56.43 59.55 62.81 66.29 2034 79.30 19 50.89 54.00 57.10 60.19 63.41 66.86 2035 81.07 20 51.57 54.66 57.73 60.79 63.99 67.40 2036 82.88 2037 84.86 2038 86.38 2039 88.27 2040 90.51 2041 92.01 2042 94.40 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://ww.eia.gov/outlooks/aeo/tables_ref.cfm IDAHO POWER COMPANY Page 5 PACIFICORP AVOIDED COST RATES FOR WIND PROJECTS June 01,2017 $IMWh 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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 3442 35.95 3678 3636 2017 2861 2 29,99 32,89 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 37.35 2019 34.42 4 32.37 34.49 35.81 36.52 37.19 39.12 2020 35.95 5 33.12 34.81 36.03 36.90 38.58 40.62 2021 36.78 6 33.57 35.12 36.40 38.05 39.85 41.80 2022 36.36 7 33.96 35.53 37.40 39.16 40.91 42.78 2023 37.10 8 34.41 36.45 38.39 40.11 41.81 43.64 2024 38.76 9 35.29 37.37 39.27 40.94 42.62 44.37 2025 45.34 10 36.16 38.19 40.04 41.70 43.32 44.99 2026 47.92 11 36.95 38.93 40.76 42.36 43.93 45.57 2027 49.28 12 37.67 39.62 41.39 42.95 44.49 46.09 2028 50.51 13 38.33 40.23 41.95 43.49 45.00 46.58 2029 51.96 14 38.93 40.77 42.47 43.98 45.48 47.05 2030 52.69 15 39.46 41.28 42.95 44.45 45.94 47.51 2031 53.42 16 39.96 41.75 43.40 44.90 46.39 47.97 2032 54.56 17 40.42 42.19 43.84 45.33 46.83 48.39 2033 55.41 18 40.85 42.62 44.26 45.76 47.25 48.81 2034 56.64 19 41.27 43.03 44.67 46.16 47.65 49.22 2035 58.08 20 41.67 43.42 45.05 46.55 48.05 49.61 2036 59.54 2037 61.19 2038 62.35 2039 63.89 2040 65.78 2041 66.92 2042 68.93 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tables_ref.cfm PACIFICORP Page 1 PACIFICORP AVOIDED COST RATES FOR SOLAR PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 34,42 35.95 36.78 36.36 2017 28.61 2 29.99 32.89 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 37.35 2019 34.42 4 32.37 34.49 35.81 36.52 37.19 45.85 2020 35.95 5 33.12 34.81 36.03 36.90 43.75 51.45 2021 36.78 6 33.57 35.12 36.40 42.18 48.51 55.41 2022 36.36 7 33.96 35.53 40.80 46.28 52.10 58.41 2023 37.10 8 34.41 39.30 44.37 49.50 54.93 60.83 2024 38.76 9 37.72 42.46 47.26 52.11 57.26 62.79 2025 75.65 10 40.55 45.09 49.67 54.32 59.20 64.42 2026 78.68 11 42.95 47.32 51.74 56.19 60.84 65.85 2027 80.49 12 45.02 49.26 53.51 57.79 62.28 67.10 2028 82.17 13 46.84 50.94 55.05 59.20 63.55 68.22 2029 84.09 14 48.43 52.41 56.42 60.45 64.69 69.25 2030 85.29 15 49.83 53.72 57.64 61.58 65.74 70.20 2031 86.50 16 51.10 54.90 58.75 62.63 66.71 71.10 2032 88.13 17 52.24 55.98 59.77 63.59 67.62 71.93 2033 89.47 18 53.28 56.98 60.71 64.49 68.46 72.71 2034 91.19 19 54.24 57.90 61.60 65.33 69.25 73.45 2035 93.14 20 55.14 58.76 62.42 66.11 70.00 74.14 2036 95.12 2037 97.29 2038 98.99 2039 101.06 2040 103.49 2041 105.19 2042 107.77 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tablesjef.cfm PACIFICORP Page 2 PACIFICORP AVOIDED COST RATES FOR NON-SEASONAL HYDRO PROJECTS June 01,2017 $/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-LEVELIZEO (YEARS)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 3148 34,42 35.95 36.78 36.36 2017 28.61 2 2999 32.89 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 37.35 2019 34.42 4 32.37 34.49 35.81 36.52 37.19 45.20 2020 35.95 5 33.12 34.81 36.03 36.90 43.24 50.40 2021 36.78 6 33.57 35.12 36.40 41.78 47.67 54.09 2022 36.36 7 33.96 35.53 40.47 45.59 51.01 56.89 2023 37.10 8 34.41 39.03 43.79 48.58 53.65 59.16 2024 38.76 9 37.48 41.96 46.49 51.03 55.84 61.00 2025 72.71 10 40.12 44.42 48.74 53.10 57.66 62.54 2026 75.69 11 42.37 46.50 50.68 54.84 59.20 63.88 2027 77.46 12 44.31 48.32 52.34 56.34 60.55 65.06 2028 79.10 13 46.01 49.90 53.78 57.67 61.75 66.12 2029 80.97 14 47.51 51.28 55.06 58.85 62.83 67.09 2030 82.12 15 48.83 52.52 56.21 59.92 63.82 68.00 2031 83.29 16 50.02 53.63 57.26 60.91 64.74 68.85 2032 84.87 17 51.09 54.64 58.22 61.82 65.60 69.64 2033 86.16 18 52.07 55.58 59.12 62.67 66.40 70.39 2034 87.84 19 52.98 56.45 59.95 63.47 67.15 71.10 2035 89.74 20 53.83 57.27 60.73 64.21 67.86 71.76 2036 91.67 2037 93.78 2038 95.43 2039 97.45 2040 99.83 2041 101.47 2042 104.00 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outiooks/aeoltables_ref.cfm PACIFICORP Page 3 PACIFICORP AVOIDED COST RATES FOR SEASONAL HYDRO PROJECTS June 01,2017 $/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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 2861 31.48 3442 3595 36.78 3636 2017 28.61 2 2999 3289 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36,35 36.74 37.35 2019 34.42 4 32.37 34.49 35.81 36.52 37.19 49.77 2020 35.95 5 33.12 34.81 36.03 36.90 46.76 57.76 2021 36.78 6 33.57 35.12 36,40 44.60 53.56 63.34 2022 36.36 7 33.96 35.53 42.79 50.43 58.62 67.53 2023 37,10 8 34.41 40.97 47.85 54.97 62.58 70.85 2024 38.76 9 39.14 45.43 51.93 58.63 65.80 73.53 2025 93.34 10 43,11 49.11 55.29 61.69 68.46 75.76 2026 96.62 11 46.45 5221 58.15 64.25 70.71 77.68 2027 98.69 12 49.31 54 88 60.59 66.44 72.66 79.35 2028 100.64 13 51.80 5718 6269 6836 7437 80.84 2029 102.84 14 53.97 59.19 64.55 70.06 75.90 82.20 2030 104.31 15 5589 60.98 66.21 71.58 77,29 83.44 2031 105.79 16 5760 62.58 67.70 72.97 78 56 84.59 2032 107.70 17 59.13 64,02 69.06 74.24 79.74 85.65 2033 109.33 18 6053 65.35 7031 7542 8083 86.65 2034 11135 19 6181 6657 71.47 76.51 81.84 87.58 2035 113.60 20 6300 6771 72.54 7752 82.80 88.46 2036 115.87 2037 118.35 2038 120.35 2039 122.74 2040 125.49 2041 127.51 2042 130.42 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https:f/wrw.eja gov/outiooks!aeo/tables_ref.cfm PACIFICORP Page 4 PACIFICORP AVOIDED COST RATES FOR OTHER PROJECTS June 01,2017 $!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)2017 2018 2019 2020 2021 2022 YEAR RATES 1 28,61 31.48 34.42 35.95 36.78 36.36 2017 28.61 2 29.99 32.89 35.15 36.35 36.57 36.71 2018 31.48 3 31.35 33.83 35.65 36.35 36.74 37.35 2019 34.42 4 32.37 34.49 35.81 36.52 37.19 43.42 2020 35.95 5 33.12 34.81 36.03 36.90 41.88 47.54 2021 36.78 6 33.57 35.12 36.40 40.69 45.39 50.50 2022 36.36 7 33.96 35.53 39.58 43.71 48.06 52.77 2023 37.10 8 34.41 38.27 42.21 46.11 50.20 54.63 2024 38.76 9 36.84 40.62 44.38 48.09 51.99 56.15 2025 64.72 10 38.97 42.60 46.20 49.77 53.47 57.42 2026 67.59 11 40.79 44.29 47.78 51.20 54.74 58.54 2027 69.23 12 42.37 45.78 49.14 52.44 55.87 59.52 2028 70.76 13 43.77 47.08 50.33 53.53 56.86 60.42 2029 72.51 14 45.00 48.21 51.39 54.51 57.76 61.25 2030 73.53 15 46.09 49.24 52.34 55.41 58.60 62.02 2031 74.57 16 47.08 50.16 53.21 56.23 59.38 62.76 2032 76.02 17 47.98 51.01 54.02 57.01 60.12 63.44 2033 77.19 18 48.80 51.80 54.78 57.74 60.81 64.09 2034 78.74 19 49.57 52.54 55.49 58.42 61.46 64.71 2035 80.50 20 50.28 53.23 56.16 59.06 62.08 65.30 2036 82.29 2037 84.27 2038 85.78 2039 87.66 2040 89.89 2041 91.39 2042 93.77 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 2017,released January 2017.See Annual Energy Outlook 2017,Table 3.8 Energy Prices by Sector-Mountain at https://www.eia.gov/outlooks/aeo/tables ref.cfm PACIFICORP Page 5