20230829Decision Memo.pdf

DECISION MEMORANDUM 1
DECISION MEMORANDUM

TO: COMMISSIONER ANDERSON
COMMISSIONER HAMMOND
COMMISSIONER LODGE
COMMISSION SECRETARY
COMMISSION STAFF
LEGAL

FROM: ADAM TRIPLETT
DEPUTY ATTORNEY GENERAL

DATE: AUGUST 29, 2023

SUBJECT: IN THE MATTER OF ROCKY MOUNTAIN POWER’S APPLICATION
FOR A DEFERRED ACCOUNTING ORDER RELATED TO INSURANCE
COSTS; CASE NO. PAC-E-23-18

On August 21, 2023, Rocky Mountain Power, a division of PacifiCorp (“Company”),
applied for authority to defer incremental costs associated with the Company’s commercial
insurance coverage. The Company proposes to defer Idaho’s allocated share of the incremental
costs for insurance coverage. The Company estimates the incremental cost to be $92.3 million—
the difference between the $32.7 million already included in rates and estimated insurance costs
of $125 million for policy period beginning August 15, 2023, or later. The Company would record
the incremental costs as a regulatory asset in Federal Energy Regulatory Commission (“FERC”)
Account 182.3.
STAFF RECOMMENDATION
Staff recommends that the Commission issue a Notice of Application and Notice of
Modified Procedure, setting a public comment deadline of November 9, 2023, and a company
reply deadline of November 16, 2023.
COMMISSION DECISION
Does the Commission wish to issue a Notice of Application and Notice of Modified
Procedure, setting a public comment deadline of November 9, 2023, and a company reply deadline
of November 16, 2023?
_____________________________
Adam Triplett
Deputy Attorney General