20170705Larsen Exhibit 12.pdf

Case No.PAC-E-17-06
Exhibit No.12
Witness:Jeffrey K.Larsen
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
ROCKY MOUNTAIN POWER
Exhibit Accompanying Direct Testimony of Jeffrey K.Larsen
June 2017
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12
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7
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3
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1
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8
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(1
3
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7
6
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1
3
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(8
2
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(1
8
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1
3
7
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1
3
6
%
(1
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0
9
1
)
PT
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(1
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4
0
5
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6
01
3
6
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(1
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4
7
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(6
9
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0
4
8
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SG
6
01
3
6
%
(4
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1
5
2
)
(8
1
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9
9
5
)
SG
6
01
3
6
%
(4
.
9
3
1
)
(8
2
,
0
5
2
)
SG
6
01
3
6
%
(4
,
9
3
4
)
15
PT
C
Be
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f
t
t
in
Ba
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Ra
t
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s
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t
n
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t
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3
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SG
6
01
3
6
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-
SG
6
01
3
6
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-
SG
6
01
3
6
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-
SG
6
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3
6
%
16
Ne
t
PT
C
su
m
of
lin
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s
14
an
d
15
(1
7
,
4
0
5
}
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0
4
7
)
(6
9
04
8
)
(4
15
2
)
(8
1
,
9
9
5
)
(4
,
9
3
1
)
(8
2
05
2
)
(4
,
9
3
4
)
17
Gro
s
s
-
up
fo
r
ta
x
e
s
lin
e
16
*
(li
n
e
35
-
1)
18
PT
C
Re
v
e
n
u
e
Re
q
u
i
r
e
m
e
n
t
(2
8
05
1
)
(1
68
7
)
(1
1
1
28
0
)
(6
69
2
)
(1
3
2
14
6
)
(7
94
7
)
(1
3
2
23
8
)
(7
,
9
5
2
)
19
Re
v
.
Re
q
u
i
r
e
m
e
n
t
su
m
of
lin
e
s
12
,
13
,
18
)
)
)
Ad
j
u
s
t
m
e
n
t
fo
r
EC
A
M
Pa
s
s
-
t
h
r
o
u
g
h
20
PT
C
Re
v
e
n
u
e
Re
q
u
i
r
e
m
e
n
t
lin
e
18
(1
68
T
)
(6
69
2
)
(7
94
7
)
(7
,
9
5
2
)
21
Pe
r
c
e
n
t
a
g
e
in
c
l
u
d
e
d
in
EC
A
M
(1
0
0
%
)
10
EC
A
M
Sh
a
r
i
n
g
%
10
0
%
10
0
%
10
0
%
10
0
%
22
EC
A
M
Pa
s
s
-
t
h
r
o
u
g
h
lin
e
20
*
lin
e
2
1
(1
,
6
6
7
)
(6
,
6
9
2
)
(7
94
7
)
(7
,
9
5
2
)
23
NP
C
in
c
r
e
m
e
n
t
a
l
Sa
v
i
n
g
s
lin
e
13
(3
0
)
(5
8
4
)
(8
2
8
)
(L
D
9
1
)
24
Pe
r
c
e
n
t
a
g
e
in
c
l
u
d
e
d
in
EC
A
M
(9
0
%
)
ID
EC
A
M
Sh
a
r
i
n
g
%
90
%
90
%
90
%
90
%
25
EC
A
M
Pa
s
s
-
t
h
r
o
u
g
h
lin
e
23
*
lin
e
24
(2
7
)
(5
2
5
)
(7
4
5
)
(9
8
2
)
26
Re
v
.
Re
g
t
.
aft
e
r
EC
A
M
Pa
s
s
4
h
r
o
u
g
h
lin
e
19
-
tin
e
22
-
tin
e
25
27
To
t
a
l
De
f
e
r
r
a
l
-
ID
Sh
a
r
e
Fo
o
t
n
o
t
e
5
28
Ne
t
Cu
s
t
o
m
e
r
Be
n
e
f
i
t
su
m
of
lin
e
s
22
,
25
,
27
De
f
e
r
r
a
l
Ba
l
a
n
c
e
-
ID
Sh
a
r
e
29
Be
g
i
n
n
i
n
g
De
f
e
r
r
a
l
Ba
l
a
n
c
e
lin
e
33
of
pre
v
i
o
u
s
ye
a
r
1,3
6
1
7
83
2
10
93
2
30
Mo
n
t
h
l
y
De
f
e
r
r
a
l
Fo
o
t
n
o
t
e
5
1
36
0
7,2
1
7
8
12
9
7,4
2
0
31
De
f
e
r
r
a
l
Co
l
l
e
c
t
i
o
n
Fo
o
t
n
o
t
e
3
(7
9
4
)
(5
,
1
3
6
)
(9
,
6
4
0
)
32
Ca
r
r
y
i
n
g
Ch
a
r
g
e
Fo
o
t
n
o
t
e
3
2
48
10
6
11
1
N
33
En
d
i
n
g
De
t
e
r
r
a
l
Ba
l
a
n
c
e
su
m
of
lin
e
s
29
-
3
2
1,3
6
1
7,8
3
2
10
,
9
3
2
8,8
2
2
&
M-r
;U
34
Fe
d
e
r
a
l
/
S
t
a
t
e
Co
m
b
i
n
e
d
Ta
x
Ra
t
e
Ex
h
i
b
i
t
14
,
lin
e
5
37
.
9
5
1
%
35
Ne
t
to
Gro
s
s
Bu
m
p
up
Fa
c
t
o
r
=
(1
/
(
1
-
t
a
x
ra
t
e
)
)
Ex
h
i
b
i
t
14
,
lin
e
6
1.6
1
1
6
36
De
f
e
r
r
e
d
Ba
l
a
n
c
e
Ca
r
r
y
i
n
g
Ch
a
r
g
e
Fo
o
t
n
o
t
e
2
1.0
0
%
Ca
s
e
Nu
m
b
e
r
GN
R
-
U
16
-
O
L
Or
d
e
r
No
33
6
6
4
37
Pre
t
a
x
Re
t
u
m
Ex
h
i
b
i
t
14
,
fin
e
4
10
.
6
8
1
%
PA
C
-
E
-
1
5
-
0
9
Ca
p
i
t
a
l
Str
u
c
t
u
r
e
&
Co
s
t
-
Ord
e
r
e
d
38
Pro
p
e
r
t
y
Ta
x
Ra
t
e
Ex
h
i
b
i
t
14
,
lin
e
14
0.7
8
%
Pro
p
e
r
t
y
Ta
x
Ex
p
e
n
s
e
as
a
pe
r
c
e
n
t
of
Ne
t
pla
n
t
fro
m
PA
C
E
15
09
39
Id
a
h
o
SG
Fa
c
t
o
r
Ex
h
i
b
i
t
14
,
lin
e
15
6.0
1
3
6
%
40
Id
a
h
o
GP
S
Fa
c
t
o
r
Ex
h
i
b
i
t
14
.
lin
e
16
5.7
9
7
8
%
Fo
o
t
n
o
t
e
s
:
1)
Ca
p
i
t
a
l
ba
l
a
n
c
e
s
eq
u
a
l
th
e
av
e
r
a
g
e
of
th
e
mo
n
t
h
l
y
ba
l
a
n
c
e
s
in
Ex
h
i
b
i
t
13
wí
t
h
a
on
e
mo
n
t
h
de
l
a
y
2)
Ca
r
r
y
i
n
g
Ch
a
r
g
e
(li
n
e
32
)
is
ap
p
l
i
e
d
to
av
e
r
a
g
e
mo
n
t
h
l
y
de
f
e
r
r
a
l
ba
l
a
n
c
e
s
3)
Eq
u
a
i
s
th
e
su
m
of
ea
c
h
ye
a
r
'
s
mo
n
t
h
l
y
va
l
u
e
s
in
Ex
h
i
b
i
t
13
4)
No
t
Ap
p
l
i
c
a
b
l
e
fo
r
Re
p
o
w
e
r
i
n
g
5)
Th
e
Co
m
p
a
n
y
is
pro
p
o
s
i
n
g
to
ca
p
th
e
RT
M
un
t
i
l
th
e
ne
x
t
ge
n
e
r
a
l
ra
t
e
ca
s
e
so
th
a
t
,
af
t
e
r
ta
k
i
n
g
in
t
o
ac
c
o
u
n
t
th
e
win
d
re
p
o
w
e
r
i
n
g
be
n
e
f
i
t
s
th
a
t
wil
l
flo
w
th
r
o
u
g
h
th
e
Co
m
p
a
n
y
s
EC
A
M
,
it
wil
l
no
t
op
e
r
a
t
e
to
su
r
c
h
a
r
g
e
cu
s
t
o
m
e
r
s
6)
As
sta
t
e
d
in
te
s
t
i
m
o
n
y
,
ac
t
u
a
l
de
p
r
e
c
i
a
t
i
o
n
ex
p
e
n
s
e
wil
l
be
ad
j
u
s
t
e
d
by
th
e
im
p
a
c
t
of
th
e
re
t
i
r
e
d
as
s
e
t
s
un
t
i
l
th
e
ne
x
t
de
p
r
e
c
i
a
t
i
o
n
stu
d
y