ALJ/SMW/avs Date of Issuance 5/6/2011
Decision 11-05-002 May 5, 2011
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
In the Matter of the Application of PACIFICORP (U901E), an Oregon Company, for an Order Authorizing a Rate Increase Effective January 1, 2011 and Granting Conditional Authorization to Transfer Assets, pursuant to the Klamath Hydroelectric Settlement Agreement. |
Application 10-03-015 (Filed March 18, 2010) |
DECISION APPROVING A RATE INCREASE FOR PACIFICORP PURSUANT TO THE KLAMATH HYDROELECTRIC SETTLEMENT AGREEMENT
TABLE OF CONTENTS
Decision Approving A Rate Increase For Pacificorp Pursuant To The Klamath Hydroelectric Settlement Agreement 22
3. Should The Commission Require Pacificorp To File
A New Application At A Later Date,
After Selected Conditions Are Met? 99
4. Should The Commission Authorize A Surcharge To Recover
The Costs Of Removing The Klamath Assets? 1111
5. How Should A Surcharge Be Recovered? 1313
6. How Should Surcharge Funds Be Administered? 1717
7. How Should The Klamath Assets Be Depreciated? 2020
10. Comments On The Proposed Decision 2828
11. Assignment Of Proceeding 2929
Attachment A - List Of Testimony And Exhibits Entered
Into Record In A.10-03-015
DECISION APPROVING A RATE INCREASE FOR PACIFICORP PURSUANT TO THE KLAMATH HYDROELECTRIC SETTLEMENT AGREEMENT
1. Summary
This decision approves the request by PacifiCorp, an Oregon Company, for: 1) a surcharge of $13.76 million collected over nine years; 2) institution of two trust accounts for the deposit of the surcharge; and 3) depreciation of the rate base of the Klamath River Project assets, and amortization of the relicensing and settlement costs associated with the Klamath River Project, on an accelerated basis. Approval of these requests will allow PacifiCorp to fulfill requirements of the Klamath Hydroelectric Settlement Agreement that affect its California customers. PacifiCorp must also file a separate Tier 3 advice letters at later dates requesting authority to transfer the Klamath River Project assets. On an annual basis, PacifiCorp must file a Status Report as an information only filing which identifies the status of key milestones in achieving the goals of the Klamath Hydroelectric Settlement Agreement. This proceeding remains open.
