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HomeMy WebLinkAbout20190425PacifiCorp Response Letter.pdfY ROCKY MOUNTAIN nP,HE*n"., t-1407 West North Temple, Suite 330 Salt Lake City, Utah 84116 Pl{ 3: 17 April25,2019 VIA ELECTRONIC FILING Idaho Public Utilities Commission 472West Washington Boise, ID 83702-5983 Attention:Diane Hanian Commission Secretary Edward Jewell Deputy Attorney General Re:CASE NO. PAC-E.I9-05: UPDATE TO PUBLISHED AVOIDED COST RATES TO REFLECT THE UPDATED NATURAL GAS PRICE FORECAST OF THE U.S. ENERGY TNFORMATION ADMINISTRATION ("EIA") Mr. Edward Jewell; Thank you for your email and worksheets dated April 12, 2019, with PacifiCorp's updated Surrogate Avoided Resource ("SAR") rates. Pursuant to Order No. 32697, the final release of the U.S. EIA's Annual Energy Outlook automatically triggers an update to the published avoided cost rates under the SAR methodology. EIA issued a new natural gas price forecast for 2019 on January 24,2019. PacifiCorp has reviewed the calculation of the updated SAR published avoided cost rates with EIA's 2019 natural gas forecast and the Federal/All State Combined Tax Rates. This letter acknowledges that the updated SAR rates are accurate and pursuant to Order No. 32802 will become effective June l, 2019. Any informal inquiries should be directed to Ted Weston at (801) 220-2963. Sincerely, J,"^.*DVice