An interesting article on Idaho Power's plan for rate recovery:
“Unprecedented” Coalition Calls for Delay in Rate Recovery Proceeding
http://www.electricenergyonline.com/?page=show_news&id=112825
Boise, June 2, 2009 - An unprecedented coalition of intervenor groups has asked the Idaho Public Utility Commission to suspend for ten months its consideration of Idaho Power Company’s request for pre-approved rate recovery of its proposed 300-megawatt Langley Gulch Power Plant.
The groups, who filed their request on May 29th, assert that “significant and unforeseen events have taken place since Idaho Power initially filed its Application [for rate recovery]. Any single one of these events,” the groups argue, “would be sufficient cause… to seek to slow down the Company’s forced march to seek Commission action on its request for a Certificate of Public Convenience and Necessity (CPCN)…”
The groups argue that since “the Langley Gulch power plant will be the single largest capital investment made by Idaho Power since the Hells Canyon Complex was constructed 50 years ago” and given that the utility seeks an expedited decision on what the intervenors call the “edge of great uncertainty,” a suspension of the current CPCN docket for Langley Gulch is warranted. . .
“Granting a CPCN for the most expensive plant Idaho Power will have built in the last fifty years without a current IRP to instruct prudence questions,” the group argues, “is clearly an instance of putting the proverbial cart before the horse.” And, they add “this proposed plant should not be reviewed when the Company itself contends that its own IRP data is out of date . . . ."
