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HomeMy WebLinkAbout2000522_sw.docDECISION MEMORANDUM TO: COMMISSIONER HANSEN COMMISSIONER SMITH COMMISSIONER KJELLANDER MYRNA WALTERS RON LAW LOUANN WESTERFIELD TONYA CLARK DON HOWELL STEPHANIE MILLER DAVE SCHUNKE MADONNA FAUNCE ALDEN HOLM WORKING FILE FROM: DATE: MAY 22, 2000 RE: CASE NO. INT-G-00-01 (Intermountain Gas) PURCHASE GAS ADJUSTMENT (PGA) TRACKER $36.4 MILLION (28%) REVENUE INCREASE—SURCHARGE On May 19, 2000, Intermountain Gas Company (IGC; Company) filed an Application with the Idaho Public Utilities Commission (Commission) for authority to place into effect new rate schedules that would result in an overall increase of approximately $36.4 million (28%) in its annualized revenues. The Company has requested an effective date of July 01, 2000. The increase reflects a change in the Company’s cost of gas and the elimination and/or imposition of a number of temporary gas and transportation cost adjustments, surcharges and credits. The Company in its filing also proposes to balance out its purchase gas cost adjustment (PGA) Account 186. The PGA account is a deferral mechanism for over- and under- collections and for realized savings on spot market gas purchases. The Company contends that the public interest does not require a hearing on its Application and requests that the matter be handled pursuant to Modified Procedure, i.e., by written submission rather than by hearing. Reference Commission Rules of Procedure, IDAPA 31.01.01.201-204. Staff concurs with the Company’s requested procedure. Commission Decision Does the Commission agree that it is appropriate to process the Company’s Application in Case No. INT-G-00-01 pursuant to Modified Procedure? vld/M:INT-G-00-01_sw DECISION MEMORANDUM 1