Loading...
HomeMy WebLinkAbout20220531Quarterly Report.pdfMay 31, 2022 VIA ELECTRONIC DELIVERY Jan Noriyuki Idaho Public Utilities Commission 11331 W. Chinden Blvd. Building 8 Suite 201A Boise, ID 83714 Re: Rocky Mountain Power’s Quarterly Energy Cost Adjustment Mechanism (ECAM) Report Q1 2022 (January 2022 through March 2022) Ms. Noriyuki: Please find enclosed for review Rocky Mountain Power’s (RMP) Q1 2022 (January 2022 through March 2022) energy cost adjustment mechanism (ECAM) report and a confidential zip folder containing the ECAM work papers. The Idaho Public Utilities Commission (IPUC) authorized implementation of an ECAM in Order 30904 to track and defer the difference between base net power costs (NPC), established in a general rate case (GRC), and actual NPC incurred by RMP to serve its Idaho customers. This report contains confidential information and is being provided to those that have executed the confidentiality agreement to receive this quarterly ECAM report. Informal inquiries may be directed to Ted Weston, Idaho Regulatory Manager at (801) 220-2963. Sincerely, Joelle Steward Vice President, Regulation Enclosures cc: Terri Carlock Mike Louis (C) TJ Budge (C) Brian Collings (C) Maurice Brubaker (C) Eric Olsen (C) Jim Smith RECEIVED 2022 MAY 31AM 10:59 IDAHO PUBLIC UTILITIES COMMISSION Idaho Energy Cost Adjustment Mechanism (ECAM) Q1 2021 (January 1, 2022 through March 31, 2022) Summary Summary Table of Deferred ECAM Balanc NPC Differential for Deferral 2,353,045$ EITF 04-6 Adjustment (11,992) LCAR 601,206 Total Deferral Before Sharing 2,942,259 Sharing Band 90% Customer Responsibility 2,648,033 Production Tax Credits (1,244,559) REP QF/EIM BOSR Adjustment 4,342 REC Deferral (96,724) Interest on Deferral 73,442 Annual Deferral (Jan - Dec 2022) 1,384,535 Unamortized Previous Balance 29,940,189 ECAM Rider Revenues (2,762,420) Total Company Recovery 28,562,303$ - Idaho Energy Cost Adjustment Mechanism (ECAM) Q1 2022 (January 1, 2022 through March 31, 2022) Exhibit 1 Id a h o E n e r g y C o s t A d j u s t m e n t M e c h a n i s m D e f e r r a l Ja n u a r y 1 , 2 0 2 2 - D e c e m b e r 3 1 , 2 0 2 Lin eNo . CY 2 0 2 1 1 I D B a s e N P C E m b e d d e d i n R a t e s ( $ PA C - E - 2 1 - 0 7 86 , 5 3 4 , 5 6 $ 2 nn u a l I d a h o B a s e L o a d @ m e t e r ( M W h ) PA C - E - 2 1 - 0 7 3, 5 2 6 , 3 5 3 N P C R a t e E m b e d d e d i n B a s e R a t e s ( $ / M W h Lin e 1 / L i n e 2 24 . 5 4 $ Ja n - 2 2 F e b - 2 2 M a r - 2 2 A p r - 2 2 M a y - 2 2 J u n - 2 2 J u l - 2 2 A u g - 2 2 S e p - 2 2 O c t - 2 2 4 N P C R a t e E m b e d d e d i n B a s e R a t e s ( $ / M W h Lin e 3 24 . 5 4 $ 2 4 . 5 4 $ 2 4 . 5 4 $ 5 I D A c t u a l S a l e s @ M e t e r ( M W h ) 29 8 , 0 4 3 2 4 3 , 5 2 3 2 7 1 , 2 3 4 6 I D N P C C o l l e c t e d i n R a t e s ( $ ) L i n e 4 x L i n e 5 7 , 3 1 3 , 7 7 1 $ 5 , 9 7 5 , 8 8 $ 6,6 5 5 , 8 9 6 $ 7 T o t a l C o m p a n y A d j u s t e d A c t u a l N P C ( $ ) dju s t e d A c t u a l N P C 15 0 , 0 1 8 , 1 9 1 $ 12 8 , 0 1 5 , 6 2 $ 12 3 , 6 8 7 , 8 0 $ 8 T o t a l C o m p a n y L o a d @ I n p u t ( M W h ) 5, 1 4 8 , 7 2 4 4 , 6 3 0 , 5 0 4 4 , 8 1 4 , 8 9 9 ctu a l N P C ( $ / M W h ) Lin e 7 / L i n e 8 29 . 1 4 $ 27 . 6 5 $ 25 . 6 9 $ 10 I D A c t u a l L o a d @ I n p u t ( M W h ) 29 7 , 8 1 9 2 4 7 , 2 8 9 2 6 4 , 1 0 4 11 ctu a l I D N P C Lin e 9 x L i n e 1 0 8, 6 7 7 , 5 4 7 $ 6 , 8 3 6 , 5 8 7 $ 6 , 7 8 4 , 4 6 2 $ 12 N P C D i f f e r e n t i a l L i n e 1 1 - L i n e 6 1, 3 6 3 , 7 7 $ 86 0 , 7 0 2 $ 12 8 , 5 6 7 $ EIT F 0 4 - 6 A d j u s t m e n t 13 I d a h o A l l o c a t e d E I T F 0 4 - 6 D e f e r r a l A d j u s t m e n t ( $ ) (3 5 , 2 0 6 ) $ 12 $ 23 , 0 9 0 $ LC A 14 ctu a l I d a h o J u r i s d i c t i o n a l E C P C m i n u s N P C ( A s s u m e A c t u a l = P A C - E - 1 6 - 1 2 2, 5 6 8 , 2 4 2 $ 2,5 6 8 , 2 4 2 $ 2,5 6 8 , 2 4 2 $ 15 L C A R R a t e @ M e t e r ( $ / M W h ) PA C - E - 1 6 - 1 2 8.7 4 $ 8. 7 4 $ 8. 7 4 $ 16 I D A c t u a l S a l e s @ M e t e r ( M W h ) Lin e 5 29 8 , 0 4 3 24 3 , 5 2 3 27 1 , 2 3 4 17 L C A R R e v e n u e C o l l e c t e d t h r o u g h B a s e R a t e s ( $ Lin e 1 5 x L i n e 1 6 2, 6 0 4 , 7 6 $ 2,1 2 8 , 2 8 $ 2,3 7 0 , 4 6 $ 18 L C A R A d j u s t m e n Lin e 1 4 - L i n e 1 7 (3 6 , 5 2 5 ) $ 4 3 9 , 9 5 7 $ 1 9 7 , 7 7 $ EC A M D e f e r r a 19 T o t a l E C A M D e f e r r a l ( N P C D e f e r r a l , E I T F 0 4 - 6 A d j u s t m e n t , L C Su m o f L i n e s : 1 2 , 1 3 , 1 8 1, 2 9 2 , 0 4 1,3 0 0 , 7 8 4 34 9 , 4 3 1 20 To t a l E C A M D e f e r r a l a f t e r 9 0 % S h a r i n Lin e 1 9 x 9 0 % 1, 1 6 2 , 8 4 0 $ 1 , 1 7 0 , 7 0 $ 31 4 , 4 8 8 $ Pro d u c t i o n T a x C r e d i t s ( P T C s ) 21 I D A l l o c a t e d P T C s i n R a t e s ( $ / M W h ) PA C - E - 1 6 - 1 2 (4 . 1 6 ) $ (4 . 1 6 ) $ (4 . 1 6 ) $ 22 I D A c t u a l S a l e s @ M e t e r ( M W h ) Lin e 5 29 8 , 0 4 3 24 3 , 5 2 3 27 1 , 2 3 4 23 I D P T C s i n R a t e s ( $ ) Lin e 2 1 x L i n e 2 2 (1 , 2 4 1 , 0 2 5 $ (1 , 0 1 4 , 0 0 8 $ (1 , 1 2 9 , 3 9 5 $ 24 I D A l l o c a t e d A c t u a l P T C s ( $ ) (1 , 6 4 3 , 6 8 1 (1 , 5 9 0 , 9 5 4 (1 , 3 9 4 , 3 5 3 25 I D P T C s D e f e r r a l ( $ ) L i n e 2 4 - L i n e 2 3 (4 0 2 , 6 5 6 ) $ ( 5 7 6 , 9 4 5 ) $ ( 2 6 4 , 9 5 8 ) $ Si t u s A s s i g n e d R E P Q F A d j u s t m e n t a n d E I M B O S R F e e 26 I D R E P Q F A d j u s t m e n t / E I M B O S R F e e ( $ ) 2, 3 3 5 $ 2 , 6 4 0 $ ( 6 3 2 ) $ Re n e w a b l e E n e r g y C r e d i t s ( R E C ) R e v e n u 27 I D R E C R e v e n u e i n R a t e s ( $ / M W h ) PA C - E - 1 6 - 1 2 (0 . 0 7 ) $ (0 . 0 7 ) $ (0 . 0 7 ) $ 28 I D A c t u a l S a l e s @ M e t e r ( M W h ) Lin e 5 29 8 , 0 4 3 24 3 , 5 2 3 27 1 , 2 3 4 29 I D R E C R e v e n u e i n R a t e s ( $ ) Lin e 2 7 x L i n e 2 8 (2 0 , 4 0 1 ) $ (1 6 , 6 6 9 ) $ (1 8 , 5 6 6 ) $ 30 I D A l l o c a t e d A c t u a l R E C R e v e n u e ( $ ) (3 3 , 3 6 3 ) (1 5 , 4 2 0 ) (1 0 3 , 5 7 7 31 R E C R e v e n u e A d j u s t m e n t ( $ ) L i n e 3 0 - L i n e 2 9 (1 2 , 9 6 2 ) $ 1 , 2 4 9 $ ( 8 5 , 0 1 1 ) $ 32 To t a l D e f e r r a l Su m o f L i n e s 2 0 , 2 5 , 2 6 , 3 1 74 9 , 5 5 7 $ 5 9 7 , 6 4 9 $ ( 3 6 , 1 1 3 ) $ 33 I n t e r e s t R a t e O r d e r N o . 3 4 8 6 6 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % 1 . 0 0 % EC A M B a l a n c i n g A c c o u n t ( $ ) 34 B e g i n n i n g B a l a n c e 29 , 9 4 0 , 1 8 $ 29 , 8 1 9 , 2 8 $ 29 , 0 9 6 , 7 9 $ 35 E C A M D e f e r r a l A f t e r S h a r i n g L i n e 2 0 1 , 1 6 2 , 8 4 0 1 , 1 7 0 , 7 0 31 4 , 4 8 8 36 P T C s D e f e r r a l Lin e 2 5 (4 0 2 , 6 5 6 (5 7 6 , 9 4 5 (2 6 4 , 9 5 8 37 S i t u s A d j u s t m e n t L i n e 2 6 2 , 3 3 5 2, 6 4 0 (6 3 2 ) 38 R E C R e v e n u e A d j u s t m e n t Lin e 3 1 (1 2 , 9 6 2 ) 1, 2 4 9 (8 5 , 0 1 1 ) 39 L e s s : M o n t h l y E C A M R i d e r R e v e n u e s a l l o c a t e d t o E C A M (8 9 5 , 3 5 1 (1 , 3 4 4 , 6 7 8 (5 2 2 , 3 9 2 40 I n t e r e s 24 , 8 8 9 24 , 5 3 8 24 , 0 1 5 41 To t a l E C A M D e f e r r a l B a l a n c e ( $ ) 29 , 8 1 9 , 2 8 4 $ 29 , 0 9 6 , 7 9 3 $ 28 , 5 6 2 , 3 0 3 $ - $ - $ - $ - $ - $ - $ - $ Rocky Mountain Power Exhibit No. 1 1 of 2 Case No. PAC-E-21-07 Id a h o E n e r g y C o s t A d j u s t m e n t M e c h a n i s m D e f e r r a l Ja n u a r y 1 , 2 0 2 2 - D e c e m b e r 3 1 , 2 0 2 Lin eNo .1 I D B a s e N P C E m b e d d e d i n R a t e s ( $ PA C - E - 2 1 - 0 7 2 nn u a l I d a h o B a s e L o a d @ m e t e r ( M W h ) PA C - E - 2 1 - 0 7 3 N P C R a t e E m b e d d e d i n B a s e R a t e s ( $ / M W h Lin e 1 / L i n e 2 4 N P C R a t e E m b e d d e d i n B a s e R a t e s ( $ / M W h Lin e 3 5 I D A c t u a l S a l e s @ M e t e r ( M W h ) 6 I D N P C C o l l e c t e d i n R a t e s ( $ ) L i n e 4 x L i n e 5 7 T o t a l C o m p a n y A d j u s t e d A c t u a l N P C ( $ ) dju s t e d A c t u a l N P C 8 T o t a l C o m p a n y L o a d @ I n p u t ( M W h ) 9 ctu a l N P C ( $ / M W h ) Lin e 7 / L i n e 8 10 I D A c t u a l L o a d @ I n p u t ( M W h ) 11 ctu a l I D N P C Lin e 9 x L i n e 1 0 12 N P C D i f f e r e n t i a l Lin e 1 1 - L i n e 6 EIT F 0 4 - 6 A d j u s t m e n t 13 I d a h o A l l o c a t e d E I T F 0 4 - 6 D e f e r r a l A d j u s t m e n t ( $ ) LC A 14 ctu a l I d a h o J u r i s d i c t i o n a l E C P C m i n u s N P C ( A s s u m e A c t u a l = P A C - E - 1 6 - 1 2 15 L C A R R a t e @ M e t e r ( $ / M W h ) P A C - E - 1 6 - 1 2 16 I D A c t u a l S a l e s @ M e t e r ( M W h ) L i n e 5 17 L C A R R e v e n u e C o l l e c t e d t h r o u g h B a s e R a t e s ( $ Lin e 1 5 x L i n e 1 6 18 L C A R A d j u s t m e n Lin e 1 4 - L i n e 1 7 EC A M D e f e r r a 19 T o t a l E C A M D e f e r r a l ( N P C D e f e r r a l , E I T F 0 4 - 6 A d j u s t m e n t , L C Su m o f L i n e s : 1 2 , 1 3 , 1 8 20 To t a l E C A M D e f e r r a l a f t e r 9 0 % S h a r i n Lin e 1 9 x 9 0 % Pro d u c t i o n T a x C r e d i t s ( P T C s ) 21 I D A l l o c a t e d P T C s i n R a t e s ( $ / M W h ) P A C - E - 1 6 - 1 2 22 I D A c t u a l S a l e s @ M e t e r ( M W h ) L i n e 5 23 I D P T C s i n R a t e s ( $ ) L i n e 2 1 x L i n e 2 2 24 I D A l l o c a t e d A c t u a l P T C s ( $ ) 25 I D P T C s D e f e r r a l ( $ ) L i n e 2 4 - L i n e 2 3 Sit u s A s s i g n e d R E P Q F A d j u s t m e n t a n d E I M B O S R F e e 26 I D R E P Q F A d j u s t m e n t / E I M B O S R F e e ( $ ) Re n e w a b l e E n e r g y C r e d i t s ( R E C ) R e v e n u 27 I D R E C R e v e n u e i n R a t e s ( $ / M W h ) PA C - E - 1 6 - 1 2 28 I D A c t u a l S a l e s @ M e t e r ( M W h ) Lin e 5 29 I D R E C R e v e n u e i n R a t e s ( $ ) Lin e 2 7 x L i n e 2 8 30 I D A l l o c a t e d A c t u a l R E C R e v e n u e ( $ ) 31 R E C R e v e n u e A d j u s t m e n t ( $ ) Lin e 3 0 - L i n e 2 9 32 To t a l D e f e r r a l Su m o f L i n e s 2 0 , 2 5 , 2 6 , 3 1 33 I n t e r e s t R a t e Ord e r N o . 3 4 8 6 6 EC A M B a l a n c i n g A c c o u n t ( $ ) 34 B e g i n n i n g B a l a n c e 35 E C A M D e f e r r a l A f t e r S h a r i n g Lin e 2 0 36 P T C s D e f e r r a l Lin e 2 5 37 S i t u s A d j u s t m e n t Lin e 2 6 38 R E C R e v e n u e A d j u s t m e n t Lin e 3 1 39 L e s s : M o n t h l y E C A M R i d e r R e v e n u e s a l l o c a t e d t o E C A M 40 I n t e r e s 41 To t a l E C A M D e f e r r a l B a l a n c e ( $ ) No v - 2 2 D e c - 2 2 T o t a l 19 , 9 4 5 , 5 5 2 $ 40 1 , 7 2 1 , 6 2 $ 14 , 5 9 4 , 1 2 27 . 5 3 $ 22 , 2 9 8 , 5 9 $ 2, 3 5 3 , 0 4 $ (1 1 , 9 9 2 ) $ 7, 7 0 4 , 7 2 7 $ 7, 1 0 3 , 5 2 1 $ 60 1 , 2 0 $ 2, 9 4 2 , 2 5 2, 6 4 8 , 0 3 $ (1 , 2 4 4 , 5 5 9 ) $ 4,3 4 2 $ (9 6 , 7 2 4 ) $ 1, 3 1 1 , 0 9 2 $ 1. 0 0 % 1 . 0 0 % - $ - $ 28 , 5 6 2 , 3 0 3 $ Rocky Mountain Power Exhibit No. 1 2 of 2 Case No. PAC-E-21-07