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HomeMy WebLinkAbout20220518Amendment No. 1.pdf3 ROCKY MOUNTAIN BggEn*, R[ C; iV ID i,lii lii,'i I , Pfi tr: l8 . .,r tla..,--, I '; _iu- : :,:l:.ii-i-qlQN 1407 W. North Temple, Suite 330 Salt Lake City, Utah M1'16 May 18,2022 VU ELECTRONIC DELIWRY Jan Noriyuki Commission Secretary ldaho Public Utilities Commission I 13l W. Chinden Blvd Building 8 Suite 20lA Boise,lD 83714 Re:CASE NO. PAC.E-21.05 IN TIIE MATTER OF ROCKY MOUNTAIN POWER'S APPLICATION FOR APPROVAL OR REJECTION OF TIIE POWER PURCHASE AGREEMENT WITH COMMERCIAL ENERGY MANAGEMENT, INC. Dear Ms. Noriyuki: Pursuant to and in compliance with Order No. 35384, issued on April 25,2022, please find enclosed for filing AmendmentNo. I to the Purchase Power Agreement between PacifiCorp and Commercial Energy Management in the above-referenced matter. Informal inquiries may be directed to Ted Weston,Idaho Regulatory Manager at (801)220-2963. Very truly yours, t^-D Joelle R. Steward Vice-President of Regulation Enclosures AMENDMENT NO. 1 to POWER PURCHASE AGREEMENT (Commercial Energy Management, Inc.) This AMENDMENT NO. l, effective May 2,2022 (thts "Amendment"), amends that certain POWER PURCHASE AGREEMENT (the "PPA") between PacifiCorp, an Oregon corporation ("PacifiCorp"), and Commercial Energy Management, Inc. ("Seller"), dated March 2,2021. Seller and PacifiCorp are referred to individually in this Amendment No. I as a "Part5/" and together as the "Parties." Capitalized terms used but not defined herein have the meanings set forth in the PPA. RECITALS A. Seller owns, operates and maintains an existing hydro-powered generating facility known as Portneuf River Hydroelectric for the generation of electric energy located in Bannock County,Idaho, with a nameplate capacity rating of 0.9 MW (the "Facility"); B. Under the PPA, which does not take effect until it is approved by the Idaho Public Utilities Commission (the "Commission"), Seller intends to operate the Facility as a QF and sell the Net Output of the Facility to PacifiCorp; C. PacifiCorp submitted the PPA to the Commission March 3,2021, requesting that the Commission approve or reject the PPA (the "Application"); D. Commission Staff submitted comments to the Application on April 28, 2021 ("Staff Comments"), recommending that the Parties amend the PPA to address certain issues; E. On January 25, 2022, the Commission issued Order No. 35303 ("January Order"), conditionally approving the PPA subject to the Parties entering into an amendment that addresses Staff s Comments; F. On April 25,2022, the Commission issued Order No. 35384 ("April Order" and together with the January Order, the "Commission Orders"), stating that the Parties have 30 days from the date of the April Order, i.e.,by May 26,2022,to file with the Commission an amendment to the PPA with the corrections specified in the January Order; and E. The Parties agree to amend the PPA consistent with Staff Comments and the Commission Orders as set forth herein. AGREEMENT PacifiCorp and Seller agree to the following: I l. Amendments. a. Section l.l -DefinitionofExpectedNetOutput. The definitionoftheterm Expected Net Output, which is not used in the PPA, is deleted in its entirety. b. Section 4.9.2. - Enere.v Delivery Schedule. The first sentence of Section 4.9.2 is deleted in its entirety and replaced with the following sentence: "Beginning at the end of the ninth full calendar month of Effective Date, and at the end of every third month thereafter, Seller shall supplement the Energy Delivery Schedule with three additional months of forward estimates (which shall be appended to this Agreement as Exhibit 4.9.2\ ("Subsequent Energy Delivery Schedule"), such that the Energy Delivery Schedule will provide at least six months of scheduled energy estimates at all times." c. Exhibit L - Partv Notice Information. Exhibit L to the PPA is amended and replaced in its entirety with the amended version of Exhibit L attached as Attachment I to this Amendment. 2. Miscellaneous a. The Parties ratiff and confirm that except as expressly amended in this Amendment, all terms, conditions, covenants, representations, warranties and all other provisions of the PPA remain unchanged and in full force and effect. b. This Amendment may be executed in one or more counterparts, each of which when so executed and delivered shall be deemed to be an original and both of which taken together shall constitute but one and the same instrument. This Amendment may be manually or digitally executed by one or both Parties and delivery may occur via physical or electronic transmission (in pdf form). [si gnature p age fo ll ow sJ 2 IN WITNESS WHEREOF, the Parties have caused this Amcrrdrnent to be executcd in their reqpective nalnes. PrcifiCorp RotaE Name: By Title: Date: Commqrchl Energp Menrgenont, Inc. By: Name: MahcrF. Wissa Titlc: Prosidont Dats: glgV2gp 3 Attachment I to Amendment EXHIBIT L PARTY NOTICE INT'ORMATION Notices PacifiCorp Seller All Notices:PacifiCorp 825 NE Multnomah, Suite 600 Portland, Oregon 97232- 2315 Attn: Director, Origination E-Mail: QFrequests@pacifi corp.com With a copy to: PacifiCorp 825 NE Multnomah, Suite 600 Portland, Oregon 97232- 2315 Attn: Contract Administration E-mail: cntadmin@pacifi corp.com With a copy to: PacifiCorp Legal Departnent 825 NE Multnomah, suite 1800 Portland, Oregon 97232- 2315 Attn: Assistant General Counsel E-mail: cynthia.hansen@pacifi corp. com Commercial Energy Management, Inc. (CEM, Inc.) Maher Wissa 1480 Gulf Blvd #1005 Clearwater, Florida 337 67 Maherl04l@aol.com AII Invoices:Maherl04l@aol.com Payments:Maherl04l@aol.com Credit and Collections: CEM,Inc. Maher Wissa 1480 Gulf Blvd #1005 Clearwater, Florida 337 67 Notices of an Event of Default or Potential Event of Default: CEM,Inc. Maher Wissa 1480 Gulf Blvd #1005 Clearwater, Florida 337 67 4