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McDowell Rackner & Gibson PC · Idaho Power/100 Wright/1 1 Q. Please state your name, business address, and present occupation. 2 A. My name is Scott Wright. I am employed by Idaho

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  • McDowell Rackner & Gibson PC

    WENDY MCI N000 Direct (503) 595-3922 [email protected]

    October 20, 2010

    VIA ELECTRONIC AND U.S. MAIL

    PUC Filing Center Public Utility Commission of Oregon PO Box 2148 Salem, OR 97308-2148

    Re: UE 222 - In The Matter of IDAHO POWER COMPANY 2011 Annual Power Cost Update

    Attention Filing Center:

    Enclosed for filing in the above captioned docket is the original and five copies of the testimony of Scott Wright (Idaho Power/100-107) in support of Advice Filing 10-16 which was filed on October 15, 2010. A copy of this document has been served on all parties to this proceeding as indicated on the attached Certificate of Service.

    Please contact me with any questions.

    Very truly yours,

    if),A/1- Wendy Mclnd

    cc: Service List

    Phone: 503.595.3922 Fax: 503.595.3928 0 www.mcd-law.com 419 Southwest 11th Avenue, Suite 400 e Portland, Oregon 97205-2605

  • , Wendy Mclnd Legal Assist

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    CERTIFICATE OF SERVICE

    I hereby certify that I served a true and correct copy of the foregoing document in

    UE 222 on the following named person(s) on the date indicated below by email and first-

    class mail addressed to said person(s) at his or her last-known address(es) indicated below.

    Michael T. Weirich, Assistant AG Department of Justice 1162 Court Street NE Salem, OR 97301-4096 [email protected]

    Gordon Feighner Citizens' Utility Board of Oregon [email protected]

    Gregory Marshall Adams Richardson & O'Leary [email protected]

    Peter J. Richardson Richardson & O'Leary [email protected]

    DATED: October 20, 2010

    Ed Durrenberger Public Utility Commission of Oregon P.O. Box 2148 Salem, OR 97308-2148 [email protected]

    Robert Jenks Citizens' Utility Board of Oregon [email protected]

    Catriona McCracken Citizens' Utility Board of Oregon [email protected]

    Page 1 - CERTIFICATE OF SERVICE

    McDowell Rackner & Gibson PC 419 SW 11 th Avenue, Suite 400

    Portland, OR 97205

  • Idaho Power/100 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON

    UE 222

    IN THE MATTER OF IDAHO POWER ) COMPANY'S 2011 ANNUAL POWER ) COST UPDATE )

    ) OCTOBER UPDATE )

    )

    IDAHO POWER COMPANY

    DIRECT TESTIMONY

    OF

    SCOTT WRIGHT

    October 20, 2010

  • Idaho Power/100 Wright/1

    1 Q. Please state your name, business address, and present occupation.

    2 A. My name is Scott Wright. I am employed by Idaho Power Company ("Idaho

    3 Power" or "Company") as a Regulatory Analyst in the Regulatory Affairs Department. My

    4 business address is 1221 West Idaho Street, Boise, Idaho 83702.

    5 Q. Please describe your educational background.

    6 A. I received a Bachelor of Science degree in Business Economics from Eastern

    7 Oregon University. I have also attended the Center for Public Utilities "Practical Skills for a

    8 Changing Electric Industry" course at New Mexico State University in Albuquerque, New

    9 Mexico, as well as the Edison Electric Institute "Electric Rate Advanced Course" in Madison,

    10 Wisconsin.

    11 Q. Please describe your work experience.

    12 A. In May 1998, I accepted a position as Research Assistant with Idaho Power

    13 in the Regulatory Affairs Department. In March 2007, I was promoted to a Regulatory

    14 Analyst. As a Regulatory Analyst, I am responsible for running the AURORAxmp model to

    15 calculate net power supply expenses ("NPSE") for ratemaking purposes, as well as the

    16 marginal cost of energy used in the Company's marginal cost analysis. My duties also

    17 include providing analytical support for other regulatory activities within the Regulatory

    18 Affairs Department. In my current role, I served as the Company's power supply expense

    19 witness in the last two Annual Power Cost Update filings before the Oregon Public Utility

    20 Commission ("Commission"), UE-203 and UE-214.

    21 Q. What is the purpose of your testimony?

    22 A. The purpose of my testimony is to describe the Company's October Update

    23 for the 2011 Annual Power Cost Update ("APCU"), which is required as detailed in Order

    24 No. 08-238.

    25 Q. What is the October Update?

    26

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wright/2

    1 A. The October Update is the Company's estimate of what "normal" power

    2 supply expenses will be for an upcoming water year. In this case, the water year is April

    3 2011 through March 2012.

    4 Q. Was the AURORA model used for this October Update?

    5 A. Yes.

    6 Q. Please describe the AURORA model and how it is used by the

    7 Company.

    8 A. The AURORA model is a comprehensive electric market resource dispatch

    9 model. The Company uses AURORA to determine the economic dispatch of its resources

    10 to determine normal net power supply expense based upon results from a range of historical

    11 water conditions.

    12 Q. Please describe the variables that are to be updated in the AURORA

    13 model as delineated in Order No. 08-238.

    14 A. Order No. 08-238 identifies a number of variables to be updated in the

    15 AURORA model annually in October: loads, fuel prices, transportation costs, maintenance

    16 rates, heat rates, and forced outage rates for the thermal plants. This year's update is for

    17 the April 2011 through March 2012 test year and reflects updated plant capacities for all

    18 Company owned resources as well as an updated Sales and Load Forecast.

    19 Natural gas prices were updated using the forecast methodology used in the

    20 Company's Integrated Resource Plan. This methodology uses the Northwest Power and

    21 Conservation Council, New York Mercantile Exchange (NYMEX), Natural Gas Exchange

    22 (NGX), Energy Information Administration (EIA) and Moody's forecast data to develop a

    23 normalized gas price that is used for ratemaking purposes. The normalization process

    24 reduces the impact of volatility that may occur in the short term gas market.

    25 PURPA contracts and other wholesale contracts were updated to reflect expected

    26 costs during the April 2011 through March 2012 test year.

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wright/3

    1 Q. Have you prepared an exhibit to demonstrate the normalization of

    2 variable power supply expenses for this scenario?

    3 A. Yes. Exhibit No. 101 shows the results of the variable power supply expense

    4 normalization modeling for the April 2011 through March 2012 test year. Exhibit No. 101

    5 shows the summary results containing the 82-year average variable power supply

    6 generation sources and expenses.

    7 Q. Please summarize the sources and disposition of energy shown on

    8 Exhibit No. 101.

    9 A. Hydro generation supplies 8.7 million megawatt-hours (MWh), approximately

    10 48 percent (8.7 million MWh / 18 million MWh = 48 percent) of the generation mix. Thermal

    11 generation supplies 6.3 million MWh (Bridger 4.44, Boardman 0.34, Valmy 1.5),

    12 approximately 35 percent (6.3 million MWh / 18 million MWh = 35 percent) of the generation

    13 mix. Danskin and Bennett Mountain are peaking units supplying energy at times when

    14 resources and/or transmission lines are constrained. Purchases of power are made up of

    15 short term and longer term market purchases, and PURPA. PURPA purchases are

    16 normalized and account for nearly 1.7 million MWh. PURPA purchases are not included on

    17 Exhibit No. 101; however, when combined with market purchases of 1.3 million MWh, total

    18 purchases amount to 3 million MWh (1.7 million MWh + 1.3 million MWh = 3 million MWh) or

    19 approximately 17 percent (3 million MWh / 18 million MWh = 17 percent) of the generation

    20 mix. Of the 18 million MWh consumed, 16.1 million MWh are utilized for system loads while

    21 nearly 1.9 million MWh are sold as surplus.

    22 Q. Please quantify the changes in coal prices from last year's October

    23 filing.

    24 A. Coal prices for each of the Company's coal-fired thermal generation plants

    25 have been updated to reflect current operating costs. The coal prices at the Bridger plant

    26 have increased from $21.32 per MWh to $22.33 per MWh. The coal prices at the Boardman

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wright/4

    1 plant have increased from $18.25 per MWh to $18.65 per MWh. The coal prices at the

    2 Valmy plant have decreased from $30.94 per MWh to $29.09 per MWh.

    3 Q. Please describe the change in PURPA generation and expenses since

    4 last year's October filing.

    5 A. PURPA generation has increased from 193 average megawatts (aMW) to

    6 195 aMW, an increase of 2 aMW. PURPA expenses have also increased from $117.6

    7 million to $129.1 million, an increase of $11.5 million.

    8 Q. Please explain the treatment of PURPA expense in Oregon.

    9 A. Many of the PURPA contracts have payment provisions that require the

    10 Company to provide levelized monthly payments over the length of the contract. Oregon

    11 regulation requires the Company to reflect a non-levelized payment stream in rates, rather

    12 than the levelized monthly payment stream. The Oregon method provides benefits in the

    13 early years of the contract by paying less than the actual contract levels. As time passes,

    14 the non-levelized method required in Oregon begins to exceed the levelized monthly

    15 payment stream, therefore reflecting the higher re-priced costs.

    16 Q. Please describe the change in the Company's system loads since last

    17 year's October filing.

    18 A. The Company's annual normalized system load used in last year's April 2010

    19 through March 2011 filing was 1,817 aMW. The Company's April 2011 through March 2012

    20 annual normalized system load used in this filing is 1,826 aMW, an increase of

    21 approximately 0.5 percent.

    22 Q. Does the normalized system load for the April 2011 through March 2012

    23 test period include expected loads from Special Contract customer Hoku Materials,

    24 Inc. ("Hoku")?

    25 A. Yes. Hoku, a manufacturer of solar panels, is now expected to begin taking

    26 electric service from Idaho Power in January 2011.

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wrig ht/5

    1 Q. Please explain the Hoku contract.

    2 A. The Electric Service Agreement ("ESA") between the Company and Hoku

    3 includes a rate structure that is separated into two blocks. The first block of the contract rate

    4 structure charges market-based rates, while the second block charges embedded rates.

    5 The first block energy-related revenues are subtracted from the NPSE in a similar manner to

    6 the treatment of surplus sales, which also reduce NPSE.

    7 Q. How is the Hoku ESA treated in your NPSE calculations?

    8 A. The Hoku ESA loads were included during the April 2011 through March

    9 2012 time period, while first block energy-related revenues were subtracted from the NPSE

    10 as mentioned above.

    11 Q. What forward price curve did the Company use to re-price purchased

    12 power and surplus sales?

    13 A. For the October Update, the Company used the methodology approved in

    14 Order No, 08-238. This methodology uses a one-year average of the daily forward price

    15 curves for April 2012 through March 2013 shown in Exhibit No. 102, which is then

    16 discounted for inflation back to April 2011 through March 2012 according to the quarterly

    17 inflation indices provided on Exhibit No. 103.

    18 Q. What are the average forward price curves the Company used to re-

    19 price purchased power and surplus sales for the normalized test year?

    20 A. Exhibit No.104 shows the revised monthly prices for April 2011 through

    21 March 2012. These are considered the "normal" forward prices used to re-price the

    22 Company's purchased power and surplus sales estimates for the normalized test year as set

    23 forth in Order No 08-238.

    24 Q. How does the re-pricing of purchased power and surplus sales, using a

    25 "normal" forward price curve, change the purchased power expenses and surplus

    26 sales revenues as modeled by AURORA?

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wrig ht/6

    1 A. Exhibit No. 101 shows the purchased power expenses and surplus sales

    2 revenues before re-pricing. Exhibit No. 105 shows the same normalized generation

    3 dispatch, with purchased power and surplus sales re-priced using the normalized forward

    4 price curve shown in Exhibit No. 104. A comparison of Exhibit No. 101 and Exhibit No. 105

    5 demonstrates the changes due to re-pricing. Purchased power expenses increase by $5.8

    6 million, moving from $36.3 million to $42.1 million. Surplus sales revenues increase by

    7 $21.6 million, moving from $61.3 million to $82.9 million.

    8 Q. Does the methodology used to estimate the power supply expenses

    9 represented in Exhibit No. 104 conform with the methodology detailed in Order No.

    10 08-238?

    11 A. Yes, it does.

    12 Q. What is the October Update unit cost per megawatt-hour ($/MWh)

    13 represented by this filing?

    14 A. Exhibit No. 105 shows the normalized annual sales at customer level for the

    15 April 2011 through March 2012 test year are 14,624,935 MWh. Based upon test year sales,

    16 the cost per unit for the October Update to become effective on June 1, 2011, is $16.92 per

    17 MWh ($247.5 million / 14.625 million MWh = $16.92 per MWh).

    18 Q. How does this $16.92 per MWh October Update compare to the October

    19 Update that resulted from last year's computation?

    20 A. The October Update unit cost which became effective June 1, 2010, was

    21 $14.56 per MWh. This year's October Update of $16.92 per MWh equates to an increase of

    22 $2.36 per MWh ($16.92 — $14.56 = $2.36).

    23 Q. Please explain how the revenue requirement for the October Update is

    24 calculated using the unit cost of $2.36 per MWh.

    25

    26

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wright/7

    1 A. The revenue requirement for the October Update is calculated by multiplying

    2 the unit cost of $2.36 per MWh by the loss adjusted sales for the April 2011 through March

    3 2012 test period of 14,624,935 MWh creating a revenue requirement of $1.6 million.

    4 Q. What method of allocation are you proposing to spread the incremental

    5 revenue requirement associated with the October Update to the various customer

    6 classes?

    7 A. I am proposing to allocate the incremental revenue requirement associated

    8 with the 2011 October Update according to the revenue spread methodology approved by

    9 the Commission in UE-214, Order No. 10-191. Order No. 10-191 established a revenue

    10 spread methodology whereby the revenue requirement for the October Update is allocated

    11 to individual customer classes on the basis of the total generation-related revenue

    12 requirement approved in the Company's last general rate case, UE-213. The Commission's

    13 preferred allocation methodology further applies a subsidy correction adjustment to any

    14 customer class whose final revenue allocation in UE-213 was below the cost of service

    15 revenue requirement. As a result of applying the subsidy correction adjustment in this case,

    16 Irrigation Service and Traffic Control Lighting Service receive a revenue increase equal to

    17 150 percent of the 2011 October Update cost of service revenue requirement. The

    18 proposed revenue spread resulting from the application of the Commission-approved

    19 allocation methodology is shown on Exhibit 106.

    20 Q. What is the overall revenue impact of this year's October Update

    21 compared to last year's October Update using the rate spread methodology described

    22 above?

    23 A. The overall revenue impact of the October Update compared to last year's

    24 October Update is a 3.72 percent increase.

    25

    26

    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/100 Wright/8

    1 Q. Have you supervised the preparation of an exhibit showing the

    2 summary of revenue impact resulting from the October Update proposed by the

    3 Company?

    4 A. Yes. Exhibit No. 107 provides a summary of the revenue change resulting

    5 from this year's October Update as compared to current revenue. The revenue amounts

    6 shown on Exhibit No. 107 may differ slightly from the revenue requirement amounts shown

    7 on Exhibit No. 106 because of rounding and the rate design process. For example, Exhibit

    8 No. 106 shows a cents per kWh for Schedule 41 — Municipal Street Lights. However, in the

    9 rate design process, this amount is converted to a cents per lamp charge. The end result is

    10 a slight difference from the revenue requirement amount shown on Exhibit No. 106.

    11 Q. Has the Company filed draft tariff sheets that reflect the proposed

    12 changes?

    13 A. Yes. The Company has filed draft tariff sheets that reflect the October

    14 Update which will become effective on June 1, 2011.

    15 Q. Does this conclude your testimony?

    16 A. Yes it does.

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    DIRECT TESTIMONY OF SCOTT WRIGHT

  • Idaho Power/101 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON

    IDAHO POWER COMPANY

    Exhibit Accompanying Testimony of Scott Wright

    Idaho Power Company's Power Supply Costs for April 2011 — March 2012 Normalized Loads Over 82 Water Year Conditions

    October 20, 2010

  • Idaho Power/101 Wrig ht/1

    IDAHO POWER COMPANY POWER SUPPLY COSTS FOR APRIL 2011 - MARCH 2012 NORMALIZED LOADS OVER 82 WATER YEAR CONDITIONS

    April June July

    AVERAGE

    August September October November December January February March Annual

    Hydroelectric Generation (MWh) 867,949.5 930,919.1 924,339.4 667,955.2 556,490.3 554,503.0 524,620.1 457,375.2 679,984.7 804,297.2 850,670.6 868,324.1 8,687,428.5

    Bridger Energy (MWh) 269,097.0 223,919.7 235,715.2 428,971.2 450,657.5 410,997.7 443,300.9 444,779.0 475,098.4 382,136.4 340,213.4 331,417.1 4,436,303.7 Cost ($ x 1000) $ 6,048.0 $ 5,048.8 $ 5,330.4 $ 9,559.0 $ 10,017.2 $ 9,171.5 $ 9,871.4 $ 9,873.3 $ 10,516.8 $ 8,579.4 $ 7,634.1 $ 7,428.7 $ 99,078.6

    Boardman Energy (MWh) 13,424.9 1,589.8 21,421.0 37,479.9 37,663.3 35,393.9 35,441.0 34,579.8 37,698.8 29,564.0 28,351.0 30,703.2 343,310.5 Cost ($ x 1000) $ 248.8 $ 29.9 $ 400.9 $ 666.6 $ 669.7 $ 631.8 $ 635.5 $ 619.3 $ 670.2 $ 612.1 $ 585.0 $ 632.1 $ 6,401.8

    Valmy Energy (MWh) 62,928.4 50,655.6 52,006.0 157,189.8 168,344.5 159,260.2 163,937.5 161,533.8 171,046.8 135,220.6 112,066.3 103,686.5 1,497,876.0 Cost ($ x 1000) $ 1,831.8 $ 1,485.9 $ 1,526.4 $ 4,518.2 $ 4,832.3 $ 4,580.5 $ 4,724.1 $ 4,644.7 $ 4,903.7 $ 4,057.2 $ 3,362.7 $ 3,110.8 $ 43,578.2

    Danskin Energy (MWh) - 35.1 2,386.8 2,558.7 499.5 1.6 - 0.9 - - - 5,482.6

    $ - $ - $ 2.0 $ 144.4 $ 155.0 $ 31.7 $ 0.1 $ - $ 0.1 $ - $ - $ - $ 333.3 Cost ($ x 1000). Fixed Capacity Charge - Gas Transportation ($ x 1000) $ 402.1 $ 413.2 $ 400.6 $ 413.2 $ 413.2 $ 400.6 $ 413.2 $ 400.6 $ 413.2 $ 311.0 $ 283.1 $ 364.0 $ 4,628.2

    Total Cost $ 402.1 $ 413.2 $ 402.6 $ 559.0 $ 568.9 $ 432.2 $ 413.3 $ 400.6 $ 413.3 $ 311.0 $ 283.1 $ 364.0 $ 4,963.5

    Bennett Mountain Energy (MWh) 5.8 192.8 114.0 19.5 332.2 Cost ($ x 1000) - $ 0.3 $ 11.8 $ 7.2 $ 1.3 $ - $ 20.6

    Purchased Power (Excluding PURPA) Market Energy (MWh) 5,879.6 32,230.0 95,139.9 258,831.6 241,098.3 98,411.0 2,654.7 8,311.2 50,752.2 51,393.0 8,944.5 3,923.7 857,569.7 Contract Energy (MWh) 27,086.1 30,806.6 63,919.2 66,356.3 62,557.4 22,010.0 31,184.2 29,743.0 36,917.3 30,054.1 25,920.7 25,715.8 452,270.8 Total Energy Excl. PURPA (MWh) 32,965.7 63,036.6 159,059.1 325,188.0 303,655.8 120,421.0 33,838.9 38,054.2 87,669.5 81,447.1 34,865.2 29,639.5 1,309,840.5

    Market Cost ($ x 1000) $ 174.9 $ 1,071.2 $ 2,821.6 $ 11,600.0 $ 11,435.1 $ 4,668.0 $ 107.5 $ 341.4 $ 2,812.8 $ 1,586.5 $ 312.4 $ 117.1 $ 37,048.4 Contract Cost ($ x 1000) $ 1,092.0 $ 1,240.8 $ 4,746.9 $ 5,236.4 $ 5,029.8 $ 1,212.0 $ 1,708.9 $ 1,956.8 $ 2,423.3 $ 1,685.0 $ 1,456.6 $ 1,065.1 $ 28,853.6 Total Cost Excl. PURPA ( $ x 1000) $ 1,267.0 $ 2,312.0 $ 7,568.5 $ 16,836.4 $ 16,464.9 $ 5,880.0 $ 1,816.4 $ 2,298.2 $ 5,236.0 $ 3,271.5 $ 1,768.9 $ 1,182.1 $ 65,901.9

    Surplus Sales Energy (MWh) 325,456.9 173,770.1 87,737.0 11,507.4 16,209.9 109,547.1 221,399.2 98,327.3 124,883.8 116,677.1 288,949.7 333,110.1 1,907,575.6 Revenue Including Transmission Costs ($ x 1000) $ 9,294.2 $ 4,607.3 $ 1,927.6 $ 342.2 $ 500.6 $ 3,465.5 $ 8,912.6 $ 4,122.6 $ 5,696.7 $ 3,808.1 $ 8,964.8 $ 10,322.8 $ 61,965.0 Transmission Costs ($ x 1000) $ 325.5 $ 173.8 $ 87.7 $ 11.5 $ 16.2 $ 109.5 $ 221.4 $ 98.3 $ 124.9 $ 116.7 $ 288.9 $ 333.1 $ 1,907.6 Revenue Excluding Transmission Costs ($ x 1000) $ 8,968.7 $ 4,433.6 $ 1,839.9 $ 330.6 $ 484.3 $ 3,356.0 $ 8,691.2 $ 4,024.2 $ 5,571.8 $ 3,691.4 $ 8,675.9 $ 9,989.7 $ 60,057.4

    Hoku First Block Revenues $ 2,277.5 $ 2,353.4 $ 1,498.3 $ 743.2 $ 1,238.6 $ 1,977.8 $ 2,353.4 $ 2,277.5 $ 2,353.4 $ 2,353.4 $ 2,201.6 $ 2,353.4 $ 23,981.4

    Net Power Supply Costs ($ x 1000) $ (1,448.5) $ 2,503.0 $ 11,890.9 $ 31,075.8 $ 30,836.4 $ 15,363.6 $ 6,416.0 $ 11,534.4 $ 13,814.8 $ 10,786.4 $ 2,756.4 $ 374.6 $ 135,903.8

    Purchased Power 29.75 33.24 29.66 44.82 47.43 47.43 40.48 41.08 55.42 30.87 34.92 29.84 43.20 Surplus Sales 27.56 25.51 20.97 28.73 29.88 30.64 39.26 40.93 44.62 31.64 30.03 29.99 31.48

  • Idaho Power/102 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON

    IDAHO POWER COMPANY

    Exhibit Accompanying Testimony of Scott Wright

    Mid Columbia Heavy and Light Load Forward Market Prices

    October 20, 2010

  • MidC I-IL Apr-12 May-12

    Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    J'un-12 Ju1-12 Aug-12 Sep-12 Oct-12 Nov-12 bec-12 7an-13

    Idaho Power/102 Wright/2

    Feb-13 Mar-13

    10/1/2009 44.9996 42.2812 40.5459 62,954 66.848 64.901 62,4601 65.7475 69.0349 59.2347 55.1305 49.8625

    10/2/2009 45,1364 42.4096 40.6692 63.0026 66.8996 64.9511 63.5733 66.9193 70.2653 60.2993 56.9181 51.8462

    10/5/2009 45.7613 42.9968 41.2322 63.864 67.8144 65.8392 62.8146 66.1206 69.4266 61,0171 56,4692 51.0911

    10/6/2009 45.427 42.6827 40.931 62.4484 66.3112 64.3798 62.2291 65.5043 68.7795 60.074 56.7699 51.3633

    10/7/2009 45.7024 42.6843 40.9597 62.1665 66,0119 64.0892 59.1962 62.3118 65.4274 64.8883 61.7984 58,7085

    10/8/2009 46,1066 43.0619 41.322 62.2294 66.0786 64.154 59.5962 62,7329 65.8695 65.8126 62.6786 59,5447

    10/9/2009 45.4004 42.4022 40.689 61,3176 65.1105 63.2141 58,9058 62.0062 65.1065 65,1145 62.0138 58.9132

    10/12/2009 46.0105 42.9721 41.2358 62.1118 65.9538 64.0328 59.6421 62.7812 65.9202 65.9873 62.8451 59.7028

    10/13/2009 46.5792 43,5032 41.7455 62.9816 66.8773 64.9294 60.403 63.5821 66.7612 66.7909 63.6104 60.4298

    10/14/2009 46.394 43.3302 41.5795 62.7003 66,5786 64.6394 60.1251 63,2895 66.454 67.0956 63.9006 60.7056

    10/15/2009 46.6481 43.5676 41,8073 62.9552 66.8494 64.9023 60.873 64.0768 67.2807 66.7763 63.5965 60.4167

    10/16/2009 47.3752 44,2466 42.4589 64.0064 67.9656 65,986 61.4652 64.7002 67.9352 68.1987 64.9512 61.7036

    10/19/2009 47.5473 44.4074 42.6132 64.2721 68.2477 66.2599 61.7307 64.9797 68.2287 68.7771 65.502 62.2269

    10/20/2009 48.1605 44.9801 43,1627 65,0886 69.1147 67.1016 62,4813 65.7698 69.0583 69,6061 66.2915 62.9769

    10/21/2009 47.3664 44.2384 42.451 64.0297 67.9903 66,01 61.4524 64.6868 67.9211 68.4758 65.2151 61,9543

    10/22/2009 46.7369 43.6505 41.8868 63,1561 67.0626 65.1093 59,9987 63,1566 66.3144 67.1743 63.9755 60.7767

    10/23/2009 46.1895 43.1392 41,3962 62,3786 66.237 64.3078 59,9194 63.0731 66.2267 66.5444 63.3756 60.2068

    10/26/2009 45.7455 42,7246 40.9983 62.3372 66.1931 64,2651 59.5664 62.7015 65,8366 65.5814 62.4585 59.3356

    10/27/2009 45.1442 42,163 40.4594 62.8759 66.7651 64.8205 59,9967 63.1544 66.3121 65.8983 62.7603 59.6223

    10/28/2009 43.8721 40.9749 39.3194 63.2776 67.1917 65.2347 59.9271 63.0812 66.2352 66.3104 63.1528 59.9952

    10/29/2009 44.2922 41.3672 39.6958 63.4472 67.3718 65.4095 59.4201 62.5475 65.6749 65.1964 62,0919 58.9873

    10/3042009 44,4695 41.5328 39.8547 63,6857 67.6251 65.6554 59.6824 62,8236 65.9648 66.3502 63.1907 60.0312

    11/2/2009 42,2658 39,4747 37.8797 61.4947 65,2985 63.3966 59.2748 62.3945 65.5142 64.7943 61.7089 58,6234

    11/3/2009 42.986 40,1473 38.5252 62.6905 66,5682 64.6294 59.2772 62.3971 65.517 64.5906 61.5149 58.4391

    11/4/2009 43,2588 40,4021 38.7697 62.7644 66.6468 64.7056 59.7359 62.8799 66.0239 64.506 61.4343 58.3626

    11/5/2009 43,3161 40,4556 38.8211 62.5705 66,4408 64.5057 59.6544 62.7941 65.9338 64.2271 61.1687 58.1103

    11/6/2009 43.6225 40.7418 39.0956 61,5978 65.408 63.5029 58.7966 61,8911 64.9857 63.8304 60.7908 57,7513

    11/9/2009 43.9082 41,0086 39.3517 61.1148 64.8951 63.0049 58.4009 61.4747 64.5484 63,4534 60,4318 57.4102

    11/10/2009 43.6108 40.7308 39.0851 60.7539 64.5119 62.6329 57.7542 60.7938 63.8335 63.5622 60.5354 57.5086

    11/12/2009 43.3423 40.4801 38.8445 60.3601 64.0937 62.2269 57.7175 60.7553 63.7931 62,4282 59.4554 56.4826

    11/13/2009 43.0901 40.2445 38.6185 59.658 63.3482 61.5031 57.8777 60.9239 63.9701 62.2131 59,2506 56.2881

    11/16/2009 43,1953 40.3428 38.7128 59.9993 63.7106 61.855 57.9207 60.9691 64.0176 62,4796 59.5044 56.5291

    11/17/2009 43.1868 40.3349 38,7052 60.8079 64.5692 62.6885 58.1575 61,2184 64.2794 62.5436 61.5517 56.4821

    11/18/2009 42.9121 40.0782 38.4589 59,5133 63.1945 61.3539 57,6386 60.6722 63.7058 62.7147 61,7236 56.658

    11/19/2009 43.1998 40.347 38.7168 59.9123 63.6182 61.7653 58.025 61.079 64.1329 62,6228 61.6253 56.5268

    11/20/2009 43.2147 40.3609 38.7301 60.0807 63.797 61.9389 57.5974 60.6288 63.6603 61.5768 60.5907 55.5506

    11/23/2009 43.3723 40,5081 38.8714 59.889 63.5935 61.7413 57.613 60.6453 63.6775 61,2263 60.2502 55.261

    11/24/2009 43.6289 40.7477 39.1013 60.1916 63.9148 62.0532 57.7068 60,744 63.7812 61.6918 60,7108 55.697

    11/25/2009 44.4461 41.5109 39.8337 61.6597 65.4737 63.5667 59.7506 62.8954 66.0401 63.9798 63.0177 58.1003

    11/27/2009 44.4461 41.5109 39.8337 61.6597 65.4737 63.5667 59.7506 62.8954 66.0401 63.9798 63.0177 58.1003

    11/30/2009 44.9732 42.0033 40.3062 61.9363 65.7674 63.8519 60.1592 63.3255 66.4918 63.2561 62.2837 57.314

    12/1/2009 44.9317 41.9646 40.269 61.8792 65.7068 63.793 60.0038 63.1619 66.32 62.5032 61.5316 56.5659

    12/2/2009 45.2834 42.2929 40.5841 62.3895 66,2486 64.319 60.0948 63.2577 66.4205 62.3345 61.3416 56.2666

    12/3/2009 44.4102 41.4775 39.8016 62,0839 65,9241 64.004 58.9085 62.0089 65.1094 61.9946 60.9983 55.9058

    12/4/2009 44.7733 41.8165 40.127 62.4032 66.2631 64,3331 59.5731 62.7086 65.844 63,7066 62.6891 57.4886

    12/7/2009 46,0223 42.9831 41,2464 63,2748 67.1887 65.2318 61.1151 64.3316 67,5482 64.4182 63.4355 58.4131

    12/8/2009 46,1201 43.0745 41.3341 63.7152 67.6563 65.6858 61,2005 64,4216 67.6426 65.3071 64.3185 59.2653

    12/9/2009 45.0121 42.0396 40.341 61.8364 65,6614 63.7489 59.7127 62.8555 65.9982 63.8568 62.8693 57.8222

    12/10/2009 45.3927 42.3951 40.6822 62.4076 66,2678 64.3377 60.2428 63.4135 66.5841 64.2953 63.3309 58.4015

    12/11/2009 45.0203 42.0472 40.3483 61.8719 65.6991 63.7855 59.7116 62.8543 65.9971 63.5071 62.5392 57.592

    12/14/2009 45.5901 42.5794 40.859 62.6789 66.556 64.6174 60.5047 63.6892 66.8736 64.0274 63.067 58.1582

    12/15/2009 46.3674 43.3054 41.5557 64,0961 68.0608 66.0785 61.0104 64.2215 67.4325 64.0176 63.0613 58.1736

    12/16/2009 46.1785 43,129 41.3864 63.4869 67.4139 65.4504 60.8016 64.0017 67.2018 63.7923 62,837 57.9544

    12/17/2009 46.4718 43,4029 41.6492 63.0145 66.9123 64.9634 60.1491 63,3149 66.4806 63.9515 62.9962 58.1136

    12/18/2009 46,0686 43.0263 41.2879 62.8351 66.7218 64.7784 59.5781 62,7138 65.8495 64.1356 63.1783 58.2857

    12/21/2009 44.4895 41.5515 39.8726 62.0207 65.857 63.9389 58.3849 61.4578 64.5307 62.9911 62.0278 57,1041

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/3

    12/22/2009 44,6354 41.6878 40.0035 61.3931 65.1906 63,2919 58.2517 61.3175 64.3834 62.7659 61.8117 56.9346

    12/23/2009 44.4888 41.5509 39.8721 60.819 64.581 62.7 57.6978 60.7345 63.7713 64.2498 63.2917 58.3944

    12/24/2009 44.7045 41.7523 40.0654 61.3885 65.1857 63,2871 58.2303 61.2951 64.3598 64.6582 63,6916 58.7509

    12/28/2009 44,9161 41.95 40.255 61.6537 65.4673 63.5605 58.453 61.5295 64.606 64.937 63,9765 59.0676

    12/29/2009 44.0773 41.1666 39.5033 60.5519 64.2974 62,4247 57.4399 60,463 63.4862 63.9134 62.961 58.0935

    12/30/2009 43.6392 40.7574 39.1106 60.4758 64,2165 62.3462 57.2513 60,2645 63.2777 63.0712 62.1188 57.2509

    12/31/2009 43.6299 40,7487 39.1023 60.6948 64,4491 62.5719 57.3994 60.4204 63.4414 63,5293 62.5561 57.5819

    1/4/2010 45.0862 42.1088 40.4074 61,4621 65.2639 63.363 58.2651 61.3317 64.3982 63.882 62.9253 58.0359

    1/5/2010 43.9837 41.0791 39.4193 59.9753 63.6851 61,8302 57.402 60.4231 63,4443 62.3496 61.396 56.5225

    1/6/2010 44.0614 41.1517 39.489 60.7282 64.4846 62.6064 57.4677 60.4923 63.5169 62.6836 61.7314 56.8648

    1/7/2010 44,0314 41.1237 39.4621 60.2404 63.9666 62.1035 57.0788 60.083 63.0871 63.3851 61.6318 56,1062

    1/8/2010 43.9888 41.0839 39.424 59.959 63.6678 61.8134 57.1477 60.1555 63,1633 62.6099 60.3399 55.1136

    1/11/2010 43.6404 40.7585 39.1117 60.0025 63,714 61.8583 57.3769 60,3967 63.4166 61.3778 59,1045 53.8708

    1/12/2010 43,6496 40.7671 39.1199 60,114 63.8323 61.9731 57,8332 60.8771 63.9209 61.7618 59.4996 54.2915

    1/13/2010 44,4361 41.5016 39.8248 61,1682 64.9518 63.06 58,0443 61.0993 64.1542 62,7044 60.45 55.2596

    1/14/2010 43.9076 41.008 39.3511 60,22 63.9449 62.0825 57,267 60.2811 63.2951 61.9908 59.7433 54.5686

    1/15/2010 43.9077 41.0082 39,3513 60.3428 64.0754 62,2091 57.2626 60.2764 63,2902 61.8301 59.6071 54.4891

    1/19/2010 43.6141 40.7339 39.0881 60.1856 63.9084 62.047 57.2907 60.306 63.3213 62.2013 59,9461 54.7539

    1/20/2010 43.2245 40,3701 38.7389 59.9221 63.6286 61.7754 56.8846 59.8785 62.8724 61.8766 59.616 54.4114

    1/21/2010 43.2245 40.3701 38.7389 59.9221 63.6286 61.7754 56,8846 59.8785 62.8724 61.8766 59.616 54.4114

    1/22/2010 43,1461 40.2969 38.6687 60.0825 63.799 61.9407 57.1432 60.1508 63.1583 62.242 59.9986 54.8335

    1/25/2010 43.1699 40.319 38.69 59.8239 63.5244 61.6742 57.4119 60.4336 63.4552 61.946 59.7 54.5292

    1/26/2010 42.6496 39.8331 38.2237 59.5281 63.2103 61.3692 56.7563 59.7435 62.7307 60.9815 58.7306 53.5485

    1/27/2010 42,555 39.7447 38.1389 59.3961 63,0701 61.2331 56.6305 59.611 62.5916 59.4494 57.205 52.0378

    1/28/2010 42.5937 39.7809 38.1736 58,691 62.3213 60.5062 55.7657 58.7008 61.6358 60,1327 57.8485 52.5895

    1/29/2010 42.8993 40.0664 38.4475 59.1099 62,7662 60.938 56.1324 59.0867 62.0411 60.0336 57.7711 52.5623

    2/1/2010 43.9674 41.0639 39.4048 60.0298 63,743 61.8864 56.9988 59.9987 62.9986 60.693 58,4431 53.2633

    2/2/2010 44.2476 41.3255 39.6558 60,4628 64.2027 62.3328 56.4913 59.4645 62.4378 61.2441 58.9817 53.7728

    2/3/2010 43.175 40.3238 38.6945 59,6608 63.3512 61.506 56.8265 59.8174 62.8083 60.7276 58,4668 53.2616

    2/4/2010 43.5603 40.6837 39.0399 59.8923 63.597 61.7446 57.1446 60.1522 63.1598 60.7975 58.5281 53.3034

    2/5/2010 43.608 40.7282 39,0827 59.9579 63.6667 61.8123 57.2072 60.2182 63.2291 61.5009 59.2192 53.9659

    2/8/2010 43.4552 40.5855 38.9457 59.1192 62.7761 60.9476 57.1598 60.1682 63.1767 61.3996 59.0938 53.785

    2/9/2010 42.8471 40.0175 38.4007 58.5121 62.1314 60.3217 56.1241 59.078 62.0319 60.8891 58.5883 53.2913

    2/10/2010 42,7073 39.887 38.2754 58.1954 61.7951 59.9952 56.6515 59.6332 62.6148 60.9176 58.6318 53.3693

    2/11/2010 43.9378 41.0363 39.3782 59.4062 63.0808 61.2435 57.5907 60.6218 63.6528 61.4767 59.1879 54.025

    2/12/2010 43,6388 40.757 39.1103 59.0086 62.6587 60,8336 56.87 59.8632 62.8563 61,2615 58.9906 53.8679

    2/16/2010 43,1013 40.255 38.6285 59.062 62.7153 60.8886 56.711 59.6957 62,6805 60.8184 58.5163 53.3231

    2/17/2010 43.0301 40.1885 38.5647 58.0842 61.6771 59.8806 55.7538 58.6882 61.6226 60.9202 58,6183 53.4256

    2/18/2010 42.4547 39.6511 38.0491 57.3076 60.8524 59.08 55,0083 57.9035 60.7987 59.2495 56.9665 51.8167

    2/19/2010 41.6548 38,904 37,3321 56.4027 59.8915 58.1471 54.8483 57.7351 60.6218 59.1429 56,8435 51.6565

    2/22/2010 41.3913 38.6579 37.096 56.3144 59.7978 58.0561 54.8098 57.6946 60.5793 59,0608 56.7331 51.482

    2/23/2010 41.8829 39.1171 37.5366 56.9833 60.508 58.7456 55.4608 58.3798 61.2988 58.9741 56.6304 51,3435

    2/24/2010 41.9823 39.2099 37.6257 56,9451 60.4675 58.7063 55.5732 58,4981 61.423 58.7799 56.4461 51,1814

    2/25/2010 42.1522 39.3686 37,7779 57,322 60,8677 59.0948 55.9394 58,8836 61.8278 58.3835 56.0525 50.7942

    2/26/2010 41.6945 38.9411 37.3677 56.6995 60,2067 58.4531 55.332 58.2442 61,1564 58,5729 56.2299 50.9448

    3/1/2010 41.4034 38.6692 37.1068 56.033 59.4989 57.766 55.1301 58.0317 60.9333 58.5529 56.1799 50.8268

    3/2/2010 41.9617 39.1907 37.6072 56.7814 60.2936 58.5375 55.1606 58.0637 60.9669 57.7047 55.3748 50.1191

    3/3/2010 41.5718 38.8265 37.2577 56.43 59.9205 58.1752 54.8696 57.7575 60.6453 58.1893 55.8574 50.597

    3/4/2010 41.1321 38.4159 36.8637 56.0483 59.5152 57.7818 54.5402 57.4107 60,2812 57.3824 55.0144 49.6727

    3/5/2010 41.4105 38.4112 38.2534 55,9394 59,3996 57.6695 54.2361 57.0907 59,9452 57.2307 54.8802 49.578

    3/8/2010 41.2317 38.2225 38.0641 56.1258 59.5975 57.8616 54.4168 57.2809 60.1449 57.0374 54.6791 49.3593

    3/9/2010 40.8025 37.7859 37.6272 56,2619 59.742 58.002 54.5488 57.4198 60.2908 57.1673 54.7876 49.4196

    3/10/2010 41.1308 38.0622 37.9007 56,5554 60.0537 58,3046 54.7244 57.6047 60,4849 57,2151 54,8218 49.4231

    3/11/2010 40.3074 37.2923 37.1336 55.9792 59.4418 57.7105 54.1717 57.0228 59.874 56.4938 54.1076 48.7246

    3/12/2010 41.3973 37.2414 36.7556 56.1757 59.6504 57.913 54.0432 56.8876 59.7319 55.8809 53.4804 48.0653

    3/15/2010 40.8941 36.7887 36.3088 55.5962 59.0351 57.3157 53.7408 56.5692 59.3977 56.2765 53.8591 48.4057

    3/16/2010 41,2281 36.6234 36.1415 55,3126 58.734 57.0233 53.867 56.7021 59.5372 56.7238 54.2847 48.7825

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/4

    3/17/2010 41.1333 36.491 36.0051 55.503 58.9362 57,2196 53.8971 56.7337 59.5704 55.8004 53.3595 47.8533

    3/18/2010 41.7087 37.0199 36.5292 56.2173 59.6947 57.956 54.4367 57,3017 60.1668 57.3306 54.8253 49.1738

    3/19/2010 41.7087 37.0199 36.5292 56.2173 59.6947 57,956 54.4367 57.3017 60,1668 57,3306 54.8253 49.1738

    3/22/2010 40,9608 36.1929 35.7053 55.2884 58,7083 56.9984 53.3764 56,1857 58.9949 56.1764 53,6836 48.0601

    3/23/2010 37.9 33.3 35.45 53.2 56.25 54.8 48.25 51,5 57.6 54.4305 53.4829 50.2192

    3/25/2010 38 33,4 35.55 53.3 56.35 54,9 48.35 51.6 57.7 54.4228 53,4773 50.2203

    3/26/2010 37.5 32.9 35.05 52.55 55.6 54,15 47.65 50.9 57 53.6679 52.7236 49.471

    3/29/2010 37.4 32.8 34,95 52.45 55.5 54,05 47.55 50.8 56.9 53,4609 52.5184 49.272

    3/30/2010 38 33.75 34 52.25 56.75 54.25 48.75 52 58.75 55,2727 53.3776 49.219

    3/31/2010 38.45 34.2 34 52,5 57.2 54,75 49,2 52.45 58.75 55.4492 53.5678 48.9688

    4/1/2010 39.1 35.1 34,05 52,55 58.8 55.55 50.8 53.55 58.55 55.9753 53.9041 48.467

    4/2/2010 39.1 35.1 34.05 52.55 58.8 55.55 50,8 53.55 58.55 55.9753 53.9041 48.467

    4/5/2010 40.15 36.15 35.1 53.9 60.15 56.9 51.95 54.7 59.7 58,1303 56.0393 50.5504

    4/6/2010 39.65 35.65 34.6 53,1 59.35 56.1 51.2 53.95 58.95 56.1482 54.1009 48.7266

    4/7/2010 38,35 34.35 33.3 51.65 57.9 54,65 50.05 52.8 57,8 55.8473 53.7673 48.3074

    4/8/2010 37,85 33.85 32.8 50.95 57.2 53,95 49.45 52.2 57.2 55.3606 53.2754 47.8019

    4/9/2010 38.35 34.35 33.3 51,65 57.9 54.65 50.15 52.9 57.9 56.2811 54.1889 48.6967

    4/12/2010 38 34 32.95 51.05 57.3 54.05 49.65 52.4 57.4 55.8973 53.7979 48.2869

    4/13/2010 38.7 34.7 33.65 52.1 58.35 55.1 50.7 53.45 58.45 56.2313 54.1582 48.7165

    4/14/2010 38.65 34.65 33.6 52.1 58.35 55.1 51,05 53.8 58.8 56.939 54.8437 49.3436

    4/15/2010 38.55 34,55 33.5 51.9 58.15 54.9 50,25 52.95 57.95 55.5202 53.4446 47.9964

    4/16/2010 39 34.55 33.35 51.65 58 54.7 51.1 52.95 59.35 56.0539 53.7575 48.4861

    4/19/2010 39.3 34.85 33.35 51.8 58.15 54.85 51 52.85 59.25 56.4125 53.5761 48.2185

    4/20/2010 40.5 35.95 34.4 53.05 59 55.75 51.65 53.8 59.9 56,7151 53.7601 48.3685

    4/21/2010 40,55 36 34.75 53.1 59.2 56 51.7 53.95 59.95 56.3931 53.6044 48.182

    4/22/2010 40.95 36.4 35.15 53.25 59.35 56.15 51,8 54.05 60.05 57.4157 54.5843 49.0787

    4/23/2010 41.1 36.55 35.3 53.9 60 56.8 52.65 54.9 60.9 57.9511 55.1319 49.65

    4/26/2010 41.05 36.5 35.25 53.8 59,9 56.7 52.4 54.65 60.65 57.6401 54.8258 49.3537

    4/27/2010 41,3 36.6 352 54.2 60,5 57.1 52.8 54,9 60.8 58.0412 55.0139 49,6378

    4/28/2010 41,3 36.6 35.2 54.2 60.5 57,1 52.8 54.9 60.8 57.4936 54.4949 49.1695

    4/29/2010 40,5 35.8 34.4 52.95 59.25 55.85 51.55 53,65 59.55 56,7435 53.7213 48.3544

    4/30/2010 39.8 35.05 33.7 52.65 58.95 55.55 51 53.15 59.45 57.1975 54.1428 48.718

    5/3/2010 40.4 35.65 34.3 53.15 59.45 56.05 51.5 53.65 59.95 58.5573 55.4753 50,0022

    5/4/2010 40.85 36.1 34.75 53.7 60 56.6 52.15 54,3 60.6 58.0691 55.0321 49.6388

    5/5/2010 41.15 36.4 35.05 53.85 60.25 56,75 52.25 54,4 60.7 59.5034 56.4356 50,9878

    5/6/2010 40.9 36.15 34.8 53.5 59.9 56.4 52 54.15 60.45 59.0415 55.9785 50.5391

    5/7/2010 40.9 36.15 34.8 53.3 59,7 56.2 51.95 54,1 60.4 59,322 56.2195 50,7099

    5/10/2010 41.15 36,4 35.05 54.2 60.6 57,1 52.25 54.4 60.7 59,4417 56.3525 50.8663

    5/11/2010 41.5 36.75 35.4 54,55 60.95 57,45 52.95 55.1 61.4 59.4941 56.435 51.0024

    5/12/2010 41.9 37.15 35.8 55.2 61.6 58.1 53.6 55,75 62.05 59.7344 56.6953 51,2982

    5/13/2010 41,75 37 35.65 54.95 61.35 57,85 53.35 55,5 61.8 60,0456 56.9799 51.5356

    5/14/2010 41.15 36,4 35.05 54.05 60.45 56,95 52.5 54.65 60.95 59.2909 56.2205 50.7678

    5/17/2010 41.05 36.3 34.95 53.9 60.3 56.8 52.4 54.55 60.85 58.7647 55.716 50.3021

    5/18/2010 40,25 35.5 34.15 52.65 59.05 55.55 512 53.35 59.65 58.0047 54.9323 49.4762

    5/19/2010 40,05 35.3 33.95 52.35 58.75 55.25 50.7 52.85 59.15 57.8679 54.7916 49.3283

    5/20/2010 39.7 34.95 33.6 51.8 58.2 54.7 50.15 52.3 58.6 57.3565 54.2791 48.8141

    5/21/2010 39.25 34,5 33.15 51.1 57.5 54 49.45 51.6 57.9 56.3694 53.3138 47.8876

    5/24/2010 39,3 34,55 33.25 51.2 57.6 54.1 49.55 51.7 58 56.6451 53.5804 48.1378

    5/25/2010 39.65 34.9 33.6 51.7 58,1 54.6 50 52.15 58.45 57.6065 54.5156 49.0268

    5/26/2010 39.95 35.2 33.9 52.15 58.55 55.05 50,45 52.6 58.9 57.5427 54.4808 49.0433

    5/27/2010 40.4 35.65 34.35 52.85 59.25 55.75 51.1 53.25 59.55 58.3607 55.2891 49.8344

    5/28/2010 40.95 36.2 34.9 53.55 59.95 56.45 51,75 53.9 60.2 58.0977 55.0728 49.7012

    6/1/2010 40 35.25 33.95 52.15 58.55 55.05 50.4 52.55 58.85 57.2447 54.193 48,7737

    6/2/2010 40.2 35,45 34.15 52.45 58.85 55,35 50.7 52.85 59.15 57.0357 54.0091 48.6343

    6/3/2010 40.4 35.65 34.35 52,6 59 55.5 51.15 53.3 59.6 57.4961 54.4755 49.1113

    6/4/2010 40.4 35.65 34.35 52,6 59 55.5 51.15 53.3 59.6 57.3295 54.3176 48.9689

    6/7/2010 39.5 34.75 33.45 51,95 58.35 54.85 50,6 52.75 59.05 57.1351 54.1033 48.7191

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/5

    6/8/2010 39.05 34.3 33 51,4 57.8 54.3 50.3 52.45 58.75 56.4506 53.4385 48,0895

    6/9/2010 38.9 34.15 32.85 51.15 57.55 54,05 50.05 52.2 58.5 55.8932 52,8971 47,5764

    6/10/2010 38.85 34.1 32.8 51,05 57.45 53.95 49.9 52.05 58,35 55.962 52,8559 47,5237 6/11/2010 39.2 34,45 33.15 51.35 57.75 54.25 50,35 52.5 58.8 55.9747 52.885 47.6325 6/14/2010 39.2 34.45 33,15 51,35 57,75 54.25 50.35 52.5 58,8 55.5836 52.5155 47.2998 6/15/2010 39.35 34,6 33.3 51.6 58 54.5 50.55 52.7 59 55.0014 51.9765 46,8343

    6/16/2010 39 34.25 32,95 51 57.4 53.9 49.95 52.1 58.4 54.759 51.7168 46.5451 6/17/2010 39.2 34.45 33.15 51.3 57.7 54.2 50.25 52.4 58,7 55.5896 52,5184 47.2973 6/18/2010 39.1 34,35 33.05 51.1 57.5 54 50.05 52,2 58.5 55.5851 52.5027 47.2627 6/21/2010 38.9 34.15 32.85 50.75 57.15 53.65 49.75 51.9 58,2 56.1659 53.0339 47.7097 6/22/2010 38.95 34.2 32.9 50,85 57.25 53.75 49.85 52 58.3 57.1741 53.9919 48,5821 6/23/2010 39.15 34.4 33.1 51.2 57.6 54.1 50.2 52.35 58.65 56.4108 53.2884 47.9804 6/24/2010 39.4 34.65 33,35 51.55 57.95 54.45 50.55 52.7 59 57.1971 54.0486 48.6962 6/25/2010 40,2 35.45 33,45 51.9 58.3 54.8 51.25 53.4 60.2 57.2792 54.1718 48.8893

    6/29/2010 39.25 34.5 32.5 50.35 56.75 53.25 49.85 52 58,8 56,2083 53.0769 47.7536

    6/30/2010 39.55 34.85 32.15 50.25 56.65 53.15 50.1 51,85 58.15 55.4409 52.3321 47.047 7/1/2010 39.5 34.8 32.1 50,15 56.55 53,05 50 51.75 58.05 55,8283 52.6919 47,36

    7/2/2010 39,7 35 32.3 50.2 56.6 53.1 50.1 51,85 58.15 54.2616 51.2161 46,0386 7/6/2010 39.5 34.8 32.1 50.95 57.35 53,85 49.95 51.7 58 55.5205 52.4245 47.1615 7/7/2010 39,4 34.7 32 50,7 57.1 53.65 49.75 51.5 57.8 55.8418 52.7192 47,4109 7/8/2010 38.95 34.25 31.55 49.9 56.3 52.85 49.15 50,9 57.2 56.6224 53.4264 47.9932 7/9/2010 38.8 34.1 31.4 49.7 56.1 52.65 48.95 50,7 57 56.5418 53.3443 47.9086

    7/12/2010 38.8 34.1 31.4 49.65 56.05 52.6 48.9 50.65 56.95 56.0797 52.9054 47.5619 7/13/2010 38.3 33.6 30.9 48,65 55.05 51.6 48.35 50.1 56.4 55.5563 52.3664 46.9969 7/14/2010 37.95 33.25 30,55 47.95 54.35 50.9 48 49.75 56.05 55.0303 51.8401 46.47 7/15/2010 38.3 33.6 30.9 48.5 54.9 51.45 48.55 50.3 56.6 55,5413 52.3524 46.9843 7/16/2010 38.05 33.35 30.65 47,75 54.15 50.7 47.85 49,6 55,9 55.5512 52.3215 46.8848 7/19/2010 38.05 33.35 30.65 47,75 54.15 50.7 47,85 49.6 55.9 55.5512 52.3215 46.8848 7/20/2010 37,9 33.2 30.5 47.6 54 50.55 47.55 49,3 55.6 54.8122 51.6192 46.2444 7/21/2010 38 33.3 30.6 47,85 54.25 50.85 47.9 49.65 55.95 54.713 51.5351 46.1856 7/22/2010 38.05 33.35 30.65 48.05 54.45 51.05 48.2 49.95 56.25 55.263 52,0656 46.6831 7/23/2010 37.9 33.2 30.5 47.85 54.25 50.85 48 49.75 56.05 54.8252 51.6408 46.2803 7/26/2010 37.85 33.15 30.45 47.7 54.1 50,7 47.85 49.6 55,9 55.0216 51.8196 46.4295 7/27/2010 37.35 32.65 29.95 46.95 53.35 49.95 47.05 48.8 55.1 53.4129 50.2617 44.9572 7/28/2010 36.85 32.15 29.45 46.55 52.95 49,55 46.75 48,5 54,8 53.5418 50.3642 45.0153 7/29/2010 36.6 31.9 29.2 46.2 52.6 49.2 46.35 48.1 54,4 53.5742 50.3726 44.9831

    7/30/2010 37 32,3 29,6 46.85 53.25 49.85 46.95 48.7 55 53.5379 50.3763 45.0541 8/2/2010 37.05 32.35 29.65 47 53.4 50 47.05 48.8 55.1 52.7166 49.6126 44.3875 8/3/2010 36.35 31.65 28.95 46.55 52,95 49.55 46,5 48.25 54.55 53.2383 50.0819 44.7686 8/4/2010 36,55 31.85 29.15 46.8 53.2 49.8 46.8 48.55 54.85 53.7696 50.5973 45.2574 8/5/2010 37 32.3 29.6 47.6 54 50.6 47,4 49.15 55.45 52.6987 49.5927 44.3642 8/6/2010 36.65 31.95 29,25 47 53.4 50 46.8 48.55 54.85 52.4211 49.2946 44,0317 8/9/2010 36.45 31.75 29.05 46.7 53.1 49,7 46.45 48,2 54.5 51.8837 48.7707 43.5304

    8/10/2010 36.1 31.4 28.7 46,3 52.7 49.3 46.1 47.85 54.15 51.5124 48,3872 43.1266 8/11/2010 35.95 31.25 28.55 46,15 52.55 49.15 45,95 47.7 54 51.2885 48.1707 42.9223 8/12/2010 36.05 31.35 28.65 46.55 52,95 49.55 46.3 48.05 54.35 51.583 48.4693 43.228 8/13/2010 36,05 31.35 28.65 46.55 52.95 49.55 46.3 48.05 54.35 51.9008 48.7711 43.5028 8/16/2010 35,65 30.95 28.25 45.95 52,35 48.95 45.65 47.4 53.7 51.6307 48.4792 43,1744 8/17/2010 35.65 30.95 28.25 45.95 52.35 48,95 45.65 47.4 53,7 50.8109 47.7096 42.4889 8/18/2010 35.15 30.45 27.75 45.4 51,8 48.4 45.1 46.85 53.15 51.3546 48,1878 42.8571 8/19/2010 35.25 30.55 27.85 45.5 51,9 48.5 45,2 46.95 53.25 50.6104 47.4959 42.2532 8/20/2010 35.3 30.6 27.9 45.6 52 48.6 45.3 47.05 53,35 51.1744 48.0317 42.7414 8/23/2010 35.4 30.7 28 45.7 52,1 48.7 45,4 47.15 53.45 51.7236 48.5536 43.2175 8/24/2010 35 30.3 27,6 45.5 51.9 48.5 45.2 46.95 53.25 51.2238 48.0454 42.6953 8/25/2010 34.55 29.85 27.15 45 51,4 48 44.8 46.55 52,85 52.0881 48.8326 43.3525 8/26/2010 34.05 30.35 27,65 45.25 51.65 48.25 45.15 46.9 53.2 51,8817 48.6559 43.2258 8/27/2010 34.15 30.45 27.75 45.45 51.85 48,45 45.35 47.1 53.4 52.0886 48.8566 43,4162

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/6

    8/30/2010 34,4 30.7 28 45.8 522 48.8 45.7 47.45 53.75 52.2373 49.0095 43.5759

    8/31/2010 34.95 31.25 28.55 46.35 52.75 49,35 46.25 48 54.3 52.5207 49.3084 43,9011

    9/1/2010 35.05 31.35 28.65 46,45 52,85 49.45 46.35 48.1 54.4 51.9267 48.7411 43,3785

    9/2/2010 35.05 31.35 28.65 46.3 52.7 49.3 46.05 47.8 54,1 51.0515 47.8575 42,4808

    9/3/2010 34.95 31.25 28.55 46.2 52.6 49.2 45.95 47.7 54 50.7874 47.6033 42,2433

    9/7/2010 34.7 31 28.3 45,95 52,35 48,95 45.8 47.55 53.85 50.2736 47.1084 41.7803

    9/8/2010 34.7 31 28.3 46.1 525 49.1 46.1 47.85 54.15 50.8386 47,6744 42.348

    9/9/2010 35,35 31.65 28.95 46.8 53.2 49.8 46,6 48,35 54.65 52,0218 48.8139 43.4139

    9/10/2010 35,65 31.95 29.25 47.45 53.85 50.45 47.4 49.15 55.45 52.7154 49.5205 44.1425

    9/13/2010 36.1 32.4 29.7 48.1 54.5 51.1 47.95 49.7 56 53,2066 50.0174 44.6489

    9/14/2010 35.15 31.45 28.75 47.35 53.75 50.35 47.25 49 55.3 52.7044 49.4907 44.081

    9/15/2010 35.05 3135 28.65 47.2 53.6 50.2 47.1 48.85 55.15 52.9432 49.7017 44.2454

    9/16/2010 34.8 31.1 28.4 47.25 53.65 50.25 47,15 48.9 55.2 52.7508 49.5245 44.0935

    9/17/2010 33.95 30.25 27,55 46.45 52,85 49.45 45.85 47.6 53.9 51.5881 48.3537 42.9092

    9/20/2010 33.35 29.65 26.95 45.65 52.05 48.65 45,1 46,85 53,15 51,5245 48.2565 42.7555

    9/21/2010 33,25 29.55 26.85 45.55 51.95 48.55 45 46.75 53.05 49.8738 46.7038 41.3678

    9/22/2010 33.2 29,5 26,8 45,35 51.75 48,35 45 46.75 53.05 49.3543 46.2141 40.928

    9/23/2010 33.15 29.45 26.75 45.3 51.7 48.3 44.95 46.7 53 49.3979 46.2549 40.9641

    9/24/2010 33.1 29.4 26.7 44,65 51.05 47.65 44.6 46.35 52.65 49.4004 46.2303 40.894

    9/27/2010 32.5 28.8 26.1 43.85 50.25 46.85 43.85 45.6 51.9 49.2243 46.0279 40.6473

    9/28/2010 327 29 26.3 44.3 50.7 47.3 44.15 45.9 52,2 49.093 45.9085 40.5481

    9/29/2010 32.55 28.85 26.15 44.1 50.5 47.1 43.9 45.65 51.95 48.7833 45.6052 40.2555

    9/30/2010 32,1 28.55 25.85 43.7 50.1 46.7 43.65 45.4 51.7 48.0701 44.918 39.6119

    Average HL 40.69 36.92 35.21 54.69 59.76 57.11 53.07 55.59 60.30 58.27 55.69 50.69

    max HI. 4b.1b 11432$ 4.3.1b bO.UY bY.11 b1.1U 6.1.0/ bb.Y'L /U.e/ bY.61 bb.LY be313

    Min HL 32,50 28.80 26.10 43.85 50.25 46.85 43.85 45.60 51.90 48.78 45.61 40.26

    Spread 15.66 16.18 17.06 21.24 18.86 20.25 19.72 21.32 18.37 20.82 20.69 22.72

  • MicIC LL Apr-12 May-12

    Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Jun-12 J111-12 Aug-12 Sep-12 Oct-12 Nov-12 bec-12 3an-13

    Idaho Power/102 Wright/7

    Feb-13 Mar-13

    10/1/2009 38.055 29.205 23.01 40.2675 46.02 49.1175 52.215 53.985 58.8525 49.56 48.2325 42.48

    10/2/2009 36.695 29.535 27.2975 41.17 48.7775 51.91 52,805 54.595 58.175 48.7775 46.0925 41.17

    10/5/2009 36.49 29.37 27.145 40.94 48.505 51,62 52.51 54,29 57.85 48.7775 46.0925 41,17

    10/6/2009 36.08 29.04 26.84 40.48 47.96 51.04 51.92 53.68 57.2 48.2325 45.5775 40.71

    10/7/2009 31.3085 25.1995 22.9086 40.6382 48.6765 51,8025 50,801 52,5231 55.9672 56.7291 54.6473 47.8814

    10/8/2009 34,8317 28.0353 25.4866 39.9335 47.8324 50.9042 50,5287 52.2415 55,6672 56,4268 54.3561 47.6263

    10/9/2009 34.2544 27.5706 25.0642 39,2716 47.0396 50.0605 49.6912 51.3756 54.7445 54,8766 52.8628 46.3179

    10/12/2009 35,3685 28.4673 25.8794 40.5368 48.5551 51.6733 51.2509 52.9882 56.4628 57.4255 55,3182 48.4692

    10/13/2009 34.05 27.4061 24,9146 39.7528 47,616 50.6739 49.6772 51.3612 54,7291 55.5483 53.5098 46.8848

    10/14/2009 34,2104 27.5352 25.032 39.6767 47.5248 50.5769 50.252 51.9554 55.3624 56.8611 54.7745 47.9929

    10/15/2009 34.6748 27.909 25.3718 40.1374 48.0766 51.1641 50,8144 52.5369 55.9819 57.0678 54.9735 48.1673

    10/16/2009 35.3116 28.4216 25.8378 40.6149 48.6486 51.7728 51.3702 53.1115 56.5942 58.0374 55.9076 48.9857

    10/19/2009 35,6348 28.6816 26.0742 40.7982 48.8682 52.0065 51.5882 53.337 56.8345 58.9923 56.8274 49.7916

    10/20/2009 35.9047 28.8989 26.2717 41,1958 49.3444 52.5133 52.1469 53.9146 57.4499 59.1238 56.9541 49.9026

    10/21/2009 35,4078 28.499 25.9081 40.5759 48.6019 51,7231 51.376 53.1175 56.6007 58.3016 56.1621 49.2087

    10/22/2009 34,5053 27.7726 25.2478 39.577 47.4054 50,4498 50.0704 51.7677 55.1623 56.8957 54.8078 48.022

    10/23/2009 34.248 27.5655 25.0595 39.2748 47.0435 50,0646 49.6737 51,3575 54.7252 56.7588 54.6759 47.9065

    10/26/2009 33.6559 27.0889 24.6263 39.2453 47.0081 50.027 50.2066 51.9085 55.3123 56.7344 54.6524 47,8859

    10/27/2009 33.5942 27.0392 24,5811 39.2002 46.9541 49.9695 50,1566 51.8568 55.2573 56.9065 54,8182 48.0312

    10/28/2009 33,4343 26.9105 24.4641 38.9668 46.6745 49.6719 50.2449 51.9482 55.3546 56.4724 54.4 47,6648

    10/29/2009 34.4189 27,703 25.1846 39.4385 47.2396 50.2733 49.8804 51.5713 54.953 56.467 54.3948 47.6602

    10/30/2009 34,4922 27.762 25.2382 38.8937 46.587 49.5788 49.9369 51.6297 55.0152 56.9003 54.8122 48.0259

    11/2/2009 33.8768 27.2667 24.7879 38.8146 46.4922 49.478 49,1262 50.7915 54,1221 56.634 54.5557 47.8011

    11/3/2009 34.2643 27.5786 25.0714 39.3968 47.1896 50.2201 48.5962 50.2435 53.5382 56.0762 54.0184 47.3304

    11/4/2009 34.0046 27.3696 24.8814 39.1576 46.903 49.9152 48,3806 50.0206 53.3007 55.7792 53.7323 47.0797

    11/5/2009 34,1129 27.4567 24.9607 39,1121 46.8485 49,8571 50.037 51.7331 55,1255 55.2694 53.2412 46.6494

    11/6/2009 34,3085 27.6142 25.1038 38.0952 45.6305 48.5609 49.026 50.6879 54.0117 54.8911 52.8768 46,3301

    11/9/2009 35,274 28.3912 25.8102 38.4224 46.0224 48.978 49.4076 51.0824 54,4321 55.0151 52.9962 46.4348

    11/10/2009 34.6587 27.8961 25.3601 37.8631 45.3525 48.265 48.4288 50.0704 53.3537 53.8121 51.8374 45.4194

    11/12/2009 34.6122 27.8586 25.326 37.6309 45.0744 47.969 48.3364 49.9749 53.252 53.8205 51.8454 45.4264

    11/13/2009 34.3125 27.6174 25.1067 37,259 44.6289 47.495 47.9903 49.617 52.8706 53,4431 51.4819 45,1079

    11/16/2009 33.8397 27.2368 24.7607 36,9259 44.2299 47.0703 47.2668 48.869 52.0735 52.5904 50.6605 44.3882

    11/17/2009 34,1306 27.471 24.9736 37.5083 44.9275 47.8127 47.9861 49.6127 52.866 52.9358 50.9932 44.6798

    11/18/2009 31.0648 25.0034 22.7303 37.4554 44.8642 47.7453 48.1917 49.8253 53.0925 53,4261 51.4655 45.0936

    11/19/2009 30.881 24.8554 22.5958 37.2338 44.5987 47.4628 47.9065 49.5305 52.7784 53.1162 51.1669 44.832

    11/20/2009 31.0635 25.0023 22.7294 37,4402 44.846 47.726 48.198 49.8318 53.0995 53.4392 51.4782 45.1047

    11/23/2009 30.8551 24.8346 22.5769 37,2498 44.6179 47.4833 47.8788 49.5018 52.7478 53.1514 51.2009 44.8617

    11/24/2009 31,2255 25.1327 22.8479 37.6988 45.1558 48.0557 48.4658 50.1087 53,3945 53.7423 51.7701 45.3604

    11/25/2009 32.1507 25.8774 23.5249 38.7938 46.4673 49.4514 49.9047 51.5964 54.9798 55.2878 53.2589 46,6649

    11/27/2009 32.1507 25,8774 23.5249 38,7938 46.4673 49.4514 49.9047 51.5964 54,9798 55.2878 53,2589 46.6649

    11/30/2009 31.773 25.5734 23.2485 38.3636 45,952 48,9031 49.3402 51,0127 54.3578 54.8401 52.8276 46.287

    12/1/2009 31.8464 25.6324 23.3022 37.9647 45.4742 48,3945 48.6958 50.3465 53.6479 52.9171 50.9752 44,664

    12/2/2009 32.2419 25.9508 23.5917 38.465 46.0734 49.0323 48.9426 50.6017 53.9199 51.9591 50.0524 43.8554

    12/3/2009 33.0573 26.6071 24,1883 38.2297 45.7917 48.7324 48.7358 50.3879 53.692 53.123 51.1735 44.8378

    12/4/2009 33.5846 27.0315 24,5741 38.8128 46.49 49,4756 49,6235 51.3057 54.67 54,1417 52.1548 45.6976

    12/7/2009 35.2717 28.3894 25.8086 40.0488 47.9705 51.0512 51.5607 53.3085 56.8042 56,728 54.6462 47.8805

    12/8/2009 34.9885 28.1615 25.6014 40.004 47.9169 50.9942 51.0465 52.7769 56,2377 55.7936 53.7462 47.0919

    12/9/2009 32.2935 25.9923 23.6294 38.9624 46.6693 49.6664 50,6342 52.3506 55.7834 55.0734 53.0524 46.484

    12/10/2009 33.5365 26.9928 24.5389 39.2566 47.0216 50.0414 49.9937 51.6884 55.0778 55,3702 53.3383 46.7345

    12/11/2009 33.4776 26.9454 24.4958 39.1705 46.9185 49.9316 49.8026 51.4908 54.8672 54.6682 52.662 46.142

    12/14/2009 34.0927 27.4405 24.9459 40.0474 47,9688 51.0494 50.7972 52.5192 55.9631 56.5034 54.4299 47.691

    12/15/2009 34.4564 27.7332 25.212 40,7115 48.7643 51.8959 50.5844 52.2991 55.7286 55,8836 53.8328 47.1678

    12/16/2009 34.474 27.7474 25.2249 40.3696 48.3548 51.4601 50.6493 52.3662 55.8001 55.1408 53.1173 46.5409

    12/17/2009 35.4981 28.5716 25.9742 40.0276 47.9452 51,0242 50.1005 51.7988 55.1955 54.8201 52.8083 46.2701

    12/18/2009 34.6958 27.9259 25.3872 40.2427 48,2028 51.2984 49.5926 51.2737 54.6359 54.7827 52.7724 46.2386

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/8

    12/21/2009 34,0554 27,4104 24.9186 38.8159 46.4938 49.4797 49.6368 51.3194 54.6846 54.3046 52.3118 45.8351

    12/22/2009 34,2362 27.556 25.0509 38.8213 46.5002 49.4864 49,7671 51,4541 54,8282 54.4507 52.4525 45.9584

    12/23/2009 35.232 28.3574 25.7795 40.0046 47.9176 50.9948 51,2153 52,9514 56.4237 56.1846 54.1228 47.4219

    12/24/2009 34.4137 27.6989 25,1808 39.0373 46.7589 49.7618 50.0541 51.7509 55.1444 54.7714 52,7615 46,2291

    12/28/2009 35.0691 28.2263 25.6603 39.8342 47.7135 50.7777 50,9598 52,6872 56.1421 55.8154 53.7672 47.1103

    12/29/2009 34.4354 27.7163 25,1966 39.0764 46.8058 49,8116 50.0196 51.7152 55.1064 54.7416 52.7327 46.2039

    12/30/2009 33.7159 27.1372 24,6702 38.7449 46.4087 49.3891 49.5892 51.2702 54.6322 54,1453 52.1583 45,7006

    12/31/2009 34.2563 27.5721 25.0656 39,5614 47.3868 50.4299 50.6234 52.3395 55,7716 55.5983 53.558 46.927

    1/4/2010 35.2847 28.3999 25.8181 40.4152 48.4094 51.5182 49,8843 51.5752 54.9572 55.9797 53.9254 47.249

    1/5/2010 34.5858 27.8374 25,3067 39.5994 47.4323 50.4784 49.8619 51.5521 54.9326 55,5111 53.474 46.8534

    1/6/2010 35.0579 28.2174 25.6521 39.6171 47.4535 50.5009 50.2541 51.9576 55,3647 55.5687 53.5295 46.9021

    1/7/2010 34,7043 27.9327 25.3934 38.7893 46.4619 49.4457 49.1425 50.8084 54.14 55.0763 53.0551 46.4864

    1/8/2010 34.6592 27.8964 25.3604 39,183 46.9335 49.9475 49.6619 51.3453 54.7122 54.8082 52.7969 46.2601

    1/11/2010 34.1527 27.4887 24.9897 38,8564 46.5423 49.5312 49.6821 51.3662 54.7345 53.4982 51,5349 45.1544

    1/12/2010 34,3932 27.6823 25.1657 39.2082 46.9636 49.9796 50.3159 52,0215 55,4327 54.2561 52.265 45.7941

    1/13/2010 35.0532 28.2135 25.6487 40.0551 47.978 51.0592 50.3418 52.0483 55.4613 54.7401 52.7313 46.2026

    1/14/2010 34.7608 27.9782 25.4347 39.3093 47.0848 50.1086 49.6212 51.3032 54.6674 54.2901 52.2978 45.8228

    1/15/2010 34.6832 27.9158 25.378 39.3339 47.1142 50.1399 49.4573 51.1338 54.4869 54.396 52.3998 45.9122

    1/19/2010 34.5224 27.7863 25.2603 39.3917 47.1835 50.2136 49.7878 51.4755 54,851 54.5283 52.5272 46.0239

    1/20/2010 34.1667 27.5 25 38.7457 46.4097 49.3901 49.2875 50.9582 54,2998 54.0729 52.0885 45,6395

    1/21/2010 34.1667 27.5 25 38.7457 46.4097 49.3901 49.2875 50.9582 54.2998 54.0729 52.0885 45,6395

    1/22/2010 34.2585 27.5739 25.0672 38.6827 46.3342 49.3098 49.2533 50.9229 54.2621 54.1065 52.121 45.6679

    1/25/2010 34.2971 27.6049 25.0954 38.5999 46,2351 49.2043 49.3834 51.0574 54.4055 54.0274 52.0447 45.6011

    1/26/2010 33.8078 27,2111 24.7374 38.3766 45.9676 48.9196 48.8124 50.4671 53.7764 53.5458 51.5808 45.1946

    1/27/2010 33,6123 27.0538 24.5944 38.1548 45.7018 48.6368 48.5303 50.1754 53.4656 53.2432 51.2894 44.9392

    1/28/2010 33.687 27.1139 24.649 38.1104 45.6487 48,5803 48,4724 50.1155 53.4018 53.2966 51.3407 44.9843

    1/29/2010 34.1825 27.5128 25.0116 38.6537 46.2994 49.2728 49.0265 50.6884 54.0123 53.3887 51.4295 45.0621

    2/1/2010 35.278 28.3945 25.8132 39.2722 47.0404 50.0613 49.8157 51.5043 54,8817 53.9525 51.9726 45.5379

    2/2/2010 35.5009 28.5739 25.9762 39.3396 47,1211 50,1472 49.1544 50.8206 54.1531 54.1017 52,1163 45,6638

    2/3/2010 35.029 28.194 25.6309 39.3034 47.0777 50.1011 49.5727 51.2531 54.614 55.0228 53.0036 46.4413

    2/4/2010 35.2247 28.3516 25.7742 38.8179 46.4961 49.4821 49,4447 51.1208 54.473 54.5152 52.5146 46.0128

    2/5/2010 35.0246 28.1905 25.6277 38.5973 46.2319 49.2009 49.1638 50.8304 54.1635 54.214 52.2245 45.7586

    2/8/2010 34.3649 27.6595 25.145 38.5852 46.2175 49.1856 48.9889 50.6495 53.9708 53.9529 51.9729 45,5382

    2/9/2010 34.1509 27.4873 24.9885 38.6959 46.35 49.3266 48.9249 50.5834 53.9003 54.0844 52.0996 45.6492

    2/10/2010 34.0187 27.3809 24.8917 38.526 46.1465 49.11 49.3676 51.041 54.388 53.9149 51.9364 45.5062

    2/11/2010 33.6646 27.0959 24.6326 38.6494 46.2943 49.2674 49.5083 51.1866 54.5431 53.395 51,4356 45.0674

    2/12/2010 33.9406 27.318 24.8346 38.8021 46.4772 49.462 49.6963 51.3809 54.7501 54.0472 52,0638 45.6178

    2/16/2010 33.0027 26.5632 24.1484 38,2885 45.8621 48.8074 48.8025 50.4568 53.7655 52.8261 50.8875 44.5872

    2/17/2010 32.9332 26.5072 24.0975 38.2339 45.7967 48.7378 48.6422 50,2911 53.5889 52.9244 50.9822 44.6701

    2/18/2010 32.5725 26.2169 23.8335 37.8152 45.2951 48.2039 48.1094 49.7402 53.0019 52.4514 50.5266 44.2709

    2/19/2010 33,1891 26.7132 24.2847 37.4758 44.8886 47,7714 48.1472 49.7793 53.0435 52.7589 50.8228 44.5304

    2/22/2010 32.4175 26.0922 23.7201 36.8656 44.1577 46.9935 47.4527 49.0613 52,2784 51.2913 49.409 43.2917

    2/23/2010 32.2619 25.9669 23.6063 36.6886 43.9457 46.7679 47.2249 48.8257 52.0274 51.0504 49.177 43.0884

    2/24/2010 33,324 26.8217 24.3834 37.0308 44.3556 47.2041 47,5377 49,1491 52.372 51.585 49.692 43.5396

    2/25/2010 33.2301 26.7462 24.3147 37.5305 44.9541 47.8411 47.3346 48.9392 52.1483 51.7061 49.8086 43.6418

    2/26/2010 33.1114 26.6507 24.2279 37.3965 44.7936 47.6702 47.1655 48.7644 51.962 51.1083 49.2328 43.1373 3/1/2010 32.6864 26.3085 23.9169 36.7753 44.0495 46.8784 46,7043 48.2875 51,4539 51,1209 49.2449 43.1479

    3/2/2010 32.7709 26.3766 23.9787 37.3527 44.7411 47.6144 47.5188 49.1296 52.3512 49,9133 48.0816 42.1286

    3/3/2010 32.6436 26.2742 23.8856 37.3937 44.7903 47.6667 47.6637 49.2794 52.5108 50.2483 48.4043 42,4114

    3/4/2010 32,3891 26.0693 23.6993 36.6924 43.9502 46.7727 46.9719 48,5641 51.7486 49.4305 47.6165 41.7211

    3/5/2010 32.9284 26.5034 24.094 36.8938 44.1915 47.0295 46.9669 48.559 51.7432 48.9135 44.3547 44.3547

    3/8/2010 32.9217 26.4979 24.089 36.8862 44,1824 47.0198 46.9573 48.5491 51.7326 48.6234 44.0566 44.0566

    3/9/2010 32.9954 26.5573 24.143 36.9688 44.2813 47.1251 47.0624 48.6577 51.8484 48.3553 43.7783 43.7783

    3/10/2010 32.4645 26.13 23.7545 36,554 43.7845 46.5963 46.5036 48.08 51,2328 48.5084 43,8911 43,8911

    3/11/2010 31.9292 25.6991 23.3629 36.6901 43.9474 46.7698 46.6243 48.2047 51.3657 48.0551 43.4604 43.4604

    3/12/2010 31,7693 25,5704 23.2458 36.3272 43.5128 46.3072 46.7546 48,3395 51.5093 46,8416 42.2861 42.2861

    3/15/2010 32.0472 25.7941 23.4492 36.6451 43.8935 46,7124 47.1637 48.7625 51.9601 46.7851 42.2351 42.2351

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/9

    3/16/2010 31.7917 25.5884 23.2622 36.1555 43.3071 46.0883 46,8166 48.4037 51.5777 49,1314 44.4019 44.4019

    3/17/2010 31.7955 25.5915 23.265 36.1598 43,3123 46.0939 46.8223 48.4095 51.5839 48.3786 43.6192 43.6192

    3/18/2010 31,5761 25.4149 23.1045 36.661 43.9126 46.7327 46.8826 48.4718 51.6503 49,2575 44.4172 44.4172

    3/19/2010 31.5761 25.4149 23.1045 36.661 43.9126 46.7327 46.8826 48.4718 51.6503 49.2575 44.4172 44.4172

    3/22/2010 31.2717 25.1699 22,8817 36.3693 43.5632 46.3608 46.6149 48.195 51,3554 49.136 44.2339 44.2339

    3/23/2010 29.5959 23.8211 21.6556 34.9019 41.8056 44.4904 44,6326 46,1456 49.1715 47.4029 42.377 43.5764

    3/25/2010 29,475 23.7238 21.5671 34.7621 41.6381 44.3121 44.4532 45,9601 48.9739 46.418 41.7138 43.1307

    3/26/2010 27,8798 22.4398 20.3998 34.6544 41.5091 44.1749 44,6344 46.1474 49.1735 44.9632 40.2213 41.6496

    3/29/2010 28.2359 22.7265 20.6604 33.6647 40.3237 42.9132 44.1084 45.6036 48.594 46.9115 40.805 42.2318

    3/30/2010 28.8915 23,2542 21.1401 34.07 40.8091 43.4299 45.2248 46,7578 49.8239 47.4213 42.1522 43.0113

    3/31/2010 28.8379 23.211 21.1009 34.4098 41.2162 43.8631 45,2327 46.766 49,8326 47.0668 42.1063 42.9138

    4/1/2010 28.7785 23.1632 21.0575 34.4854 41.3067 43.9594 45.0445 46,5714 49.6252 47.6197 42.7034 43.5037

    4/2/2010 28,7785 23.1632 21.0575 34.4854 41.3067 43.9594 45.0445 46,5714 49.6252 47.6197 42.7034 43.5037

    4/5/2010 30.1291 24.2503 22.0457 36.3987 43.5984 46.3983 47,549 49.1608 52.3845 48,7249 43.8637 44.655

    4/6/2010 28.5779 23.0017 20.9106 34.5211 41.3495 44.005 45.0861 46.6144 49.6711 46,2542 41,5799 42.3408

    4/7/2010 29.3382 23.6136 21.4669 35.3443 42.3355 45.0543 46.2261 47,7931 50.9271 47.5914 42.742 43.5314

    4/8/2010 28.0113 22.5457 20.4961 33.6959 40,3611 42.9531 44.3199 45.8222 48.827 45.0812 40.4045 41.1658

    4/9/2010 28.4525 22.9008 20.8189 34.2506 41.0255 43.6601 45.04 46.5667 49.6203 45.6933 41.0483 41.8045

    4/12/2010 28,1634 22,6681 20.6073 34,18 40.9408 43.5701 45.4642 47,0053 50.0876 47,0096 42.1753 42.8977

    4/13/2010 28.1266 22,6385 20.5804 34.6421 41.4943 44.1591 44,8436 46,3638 49.404 47.119 42.3234 43,1041

    4/14/2010 28.5978 23.0177 20.9252 34.7706 41.6484 44.323 44.2906 45.7919 48.7947 47,1349 42.366 43.1423

    4/15/2010 27.7952 22.3718 20.338 34.4603 41.2767 43.9275 44.1456 45.6421 48,635 45.911 42.6397 41.6245

    4/16/2010 27,6384 22.2456 20,2232 34.6139 41.4607 44.1233 44.8638 46.3846 49.4262 47.261 43.9384 42.6781

    4/19/2010 27.6222 22.2325 20.2114 34.5936 41.4363 44.0974 44.8375 46.3574 49.3972 46.8379 43.5169 42.4862

    4/20/2010 28.6225 23.0376 20.9433 34.6934 41.5558 44.2245 44.5789 46.0901 49.1124 46.3437 42.8303 41.8264

    4/21/2010 28.8448 23.2166 21.106 34.9629 41.8787 44.5681 44.9253 46.4482 49.4939 46,9669 43.4233 42.4109

    4/22/2010 29.4181 23.678 21.5255 35.9228 43.0284 45.7917 45.1451 46.6755 49.7362 47.5202 43.6068 42.6005

    4/23/2010 29,4803 23.7281 21.571 35.9987 43.1194 45.8885 45.2406 46.7742 49.8413 48,7216 44.8014 43.7934

    4/26/2010 30.4191 24.4837 22.2579 36.0342 43.1618 45.9337 45.2405 46,7741 49.8412 47.7984 43.9437 42.9525

    4/27/2010 30.2037 24.3103 22.1003 36.572 43.8061 46.6193 45.6539 47.2015 50.2966 47.7782 43.9117 42.8623

    4/28/2010 30.2088 24.3144 22.104 35.847 42.9376 45.6951 45.3774 46.9156 49.9921 47.9354 44.5511 42.9976

    4/29/2010 29.1803 23.4866 21.3515 35.6038 42.6463 45.3851 44.7215 46.2374 49.2694 47.4807 44.0368 42.456

    4/30/2010 28.3645 22,83 20.7545 35,465 42.48 45.2081 44,6842 46.1989 49.2283 47.5493 43,839 42.3548

    5/3/2010 28.8729 23.2392 21.1265 35.6226 42.6688 45.409 46.0046 47.5641 50.6831 47.4571 43,7761 42,3036

    5/4/2010 30.2588 24.3546 22,1406 35.995 43.1149 45.8838 46.2783 47.847 50.9845 47.5553 43,8885 42.7603

    5/5/2010 29.9726 24.1243 21.9312 35.7806 42,858 45.6104 46.1151 47,6783 50,8048 47,2713 43.8789 42.8779

    5/6/2010 30.3147 24.3997 22.1815 36.4032 43.6038 46.404 46,5372 48,1148 51,2698 47.9513 44.3677 43.287

    5/7/2010 30.0547 24.1904 21.9913 36.5592 43.7907 46.603 46.0509 47,6119 50.734 48.0317 43.8671 42.8121

    5/10/2010 30.8873 24.8605 22.6005 37.0734 44.4066 47.2584 46,9668 48.5589 51.7431 49.0544 46.0763 44,5029

    5/11/2010 30.6449 24,6654 22,4231 37.0271 44.3512 47.1994 47.2425 48,844 52.0468 48,6169 46,1411 44,0028

    5/12/2010 31.0672 25.0053 22.7321 37.496 44.9128 47,7971 47.8858 49.509 52,7555 49.1917 46.7294 44.6028

    5/13/2010 30.4978 24.547 22.3155 36.8512 44,1405 46.9752 47.2874 48.8903 52.0963 48.9089 46.235 44.0068

    5/14/2010 30.0521 24.1882 21.9893 36.2628 43.4357 46.2251 46,5193 48.0962 51.2501 48.1648 45.4952 43.2705

    5/17/2010 29.7241 23.9243 21.7494 36.1567 43.3085 46.0898 46,6467 48.228 51.3905 48.569 45.7153 43.4771

    5/18/2010 28.9583 23.3079 21.189 35.4422 42.4527 45,1791 45.87 47,4249 50.5347 48.1611 45,2816 43.0232

    5/19/2010 28.5511 22.9801 20.891 34.8523 41.7462 44.4271 44.7052 46.2206 49.2514 47.568 44.6971 42.4453

    5/20/2010 28,0345 22.5644 20.5131 34.6306 41.4806 44,1445 44,6832 46,1979 49.2273 47.3146 44.4108 42.1333

    5/21/2010 26.2569 21.1336 19.2123 34.1235 40.8732 43.4981 44.2862 45,7875 48.7899 46,8214 43.934 41.6694

    5/24/2010 27.4399 22.1464 20.9581 34.2991 41.0835 43.7219 44.4963 46.0047 49,0214 46.8977 44.016 41.7559

    5/25/2010 30.8798 20.7834 18.5279 34.4259 41.2354 43.8836 44.4965 46.0048 49.0215 46,5571 43.71 41.4771

    5/26/2010 31.1967 21.1194 18.8681 34.8703 41.7677 44.45 45.0791 46.6072 49.6634 47.0588 44,2743 42.0466

    5/27/2010 31.2404 21.2008 18.9579 35.0169 41.9434 44.637 45.2685 46,803 49.8721 47.2092 44,4354 42.2164

    5/28/2010 31.9413 21.8995 19.6562 35.2088 42,1731 44.8815 45,9933 47,5524 50.6706 47,3798 44.6411 42.3406 6/1/2010 31.1616 21.026 18.7617 34.4667 41.2843 43.9356 45.0306 46,5571 49.61 47.1141 44.3131 41.9601 6/2/2010 31.2252 20.9803 18.6916 34.6501 41.504 44,1694 46,0898 47,6522 50.7769 47.2572 44.4375 42.069

    6/3/2010 31.4096 21.4518 19.2271 35.0062 41.9305 44.6233 45.5078 47.0504 50.1357 46.9744 44.2338 41.9317

    6/4/2010 31.6852 21.64 19.3958 35.3133 42.2984 45.0148 45.9071 47.4633 50.5756 47.1853 44.4323 42.1199

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/10

    6/7/2010 30.5754 20.6818 18.4716 34,5075 413332 43.9876 44.8114 46.3304 49.3685 46.8355 44.1251 41.8484

    6/8/2010 30,9457 20.4896 17.7964 34.308 41.0942 43.7333 44.5123 46.0212 49.039 46.9241 44,1864 41.6677

    6/9/2010 30.6823 20.226 17,5328 33,9894 40.7126 43.3272 43.8564 45.3431 48.3164 47.0837 44.3558 41.8461

    6/10/2010 30.2172 19.812 17.1318 33.8235 40.5138 43,1157 43,9943 45,4856 48.4683 46.538 43.8228 41.3249

    6/11/2010 31.3225 22.9976 16.7539 33.8657 40.5645 43,1695 43,8867 45.3743 48.3497 46.8671 44.1798 41.7074

    6/14/2010 31.5605 23.1583 16.8568 34.1163 40.8646 43.4889 44.1932 45.6913 48.6874 46.8524 43.6397 41.2301

    6/15/2010 32.4044 23,9327 17.5789 34.6735 41.532 44.1992 44.8127 46.3318 49.3699 48.0228 44.7559 42.3058

    6/16/2010 32.1806 23.6559 17.2624 34.1996 40,9644 43.5951 44.5828 46.0941 49.1167 47.1772 43.8972 41.4372

    6/17/2010 32.1796 24.4821 17.533 34.3122 41.0992 43,7386 44.75 46.267 49.3009 47.6234 44.3541 41.9021

    6/18/2010 31,9772 24.2251 17.2268 34.1835 40.9451 43.5746 44,6039 46.1159 49.1399 47.319 44.0177 41.5417

    6/21/2010 318969 24.0721 17.0081 33.894 40.5983 432056 44.3466 45.8499 48.8565 47.284 43.9384 41.4293

    6/22/2010 31.6988 23.9358 16.9276 34.092 40.8355 43,4579 44.0995 45.5944 48.5842 47.0243 43.7049 41.2154

    6/23/2010 31.9373 24.1556 17.1305 34.1741 40.9339 43.5626 442057 45.7042 48.7012 47.4085 44.0816 41,5864

    6/24/2010 32.0858 24.2943 17.2603 34.5911 41.4333 44.0942 44.9344 46.4576 49.504 47.6223 44.2921 41,7944

    6/25/2010 31.9448 24.2653 17.3323 34.555 41.39 44.0481 44.8502 46.3705 49.4112 47.8409 44.5377 42.0604

    6/29/2010 31.3682 23.4713 16.5067 34.1589 40,9156 43.5432 44.7028 46.2181 492488 47.0648 43.6666 41.118

    6/30/2010 33,1827 23.3205 16.4006 34.3631 41.1602 43,8036 44,6241 46.1368 49.1622 45.8707 42.5588 40,0748

    7/1/2010 33.2042 23.4 16.5208 34.4418 41.2544 43.9038 44,7244 46,2405 49.2726 46.8712 43.5153 40,9983

    7/2/2010 32.4725 22,7254 162093 33.9158 40.6244 43.2333 44.1036 45,5987 48,5887 46.2882 42.9501 40.4465

    7/6/2010 32.6488 22.957 16.6222 34.0531 40.7889 43.4083 44.2394 45.739 48.7383 46,7533 43,3418 40.8811

    7/7/2010 32,5123 22.6817 16.2561 34,3036 41,0889 43,7277 44.6628 46.1768 492048 46.8092 43.3271 40,8154

    7/8/2010 32.799 22.16 15.7105 33.9554 40.6719 43.2839 44.1967 45.6949 48.6913 46.957 43.1496 40.323

    7/9/2010 32.7102 21.9919 15.7164 33.8246 40.5152 43.117 44.154 45.6508 48.6443 47.8823 43.7565 40.9092

    7/12/2010 32,1295 21.6943 15.4332 33.309 39.8976 42.4598 43.5617 45.0383 47.9917 46.291 42.739 39.989

    7/13/2010 31.9342 21.3452 14.9918 33.0775 39.6204 42.1648 43.7236 45.2058 48.1701 46.167 42,562 39.771

    7/14/2010 31.3165 20.8039 14.4963 32.3131 38.7047 41.1903 43.1435 44.606 47.531 45.4662 41,7688 38.9958

    7/15/2010 31.4613 21.0654 14.8279 32.6162 39.0678 41.5767 43.5546 45.031 47.9839 45.8 42.1452 39.404

    7/16/2010 31.2219 20.7965 14.4978 32,3211 38.7143 41.2006 42.5998 44.0438 46,9319 45.4238 41.4542 38.7322

    7/19/2010 31.2219 20.7965 14.4978 32.3211 38.7143 41.2006 42.5998 44.0438 46.9319 45.4238 41,4542 38.7322

    7/20/2010 31,3329 20.8345 14.4489 32.3055 38,6956 41.1806 42.6112 44.0556 46.9445 45,3835 41.4272 38.7144

    7/21/2010 31,5015 20.9466 14.5266 32,4793 38,9038 41.4022 42.9446 44.4003 47.3118 45.9189 41.9555 39.2378

    7/22/2010 31,4704 20.9802 14.5997 32.4668 38.8888 41.3862 42.8362 44.2882 47.1924 462322 42.2808 39.5712

    7/23/2010 31,5458 20.9399 14.5219 32,4688 38.8912 41.3888 42.8267 44.2784 47.1819 462757 42,3011 39.5756

    7/26/2010 31.4438 20.8539 14.4457 32,326 38.7201 41.2067 42.6581 44.1041 46,9962 46,0396 42.0755 39.3573

    7/27/2010 31.0014 20.3583 13.9179 31.9226 38,2369 40.6925 42.298 43.7319 46.5995 46.0047 42.0192 39.2862

    7/28/2010 30.6467 20.0131 13.5783 31.4702 37.6951 40,1158 41,843 43.2615 46.0983 45.7576 41.7737 39.0419

    7/29/2010 30.5284 19.9734 13.5862 31.3779 37.5845 39.9982 41,7409 43,1559 45.9858 45.2858 41.3576 38.6641

    7/30/2010 30.5167 20.003 13.6408 31.4413 37.6604 40.079 41,7837 43.2001 46.0329 45.1446 41.2481 38,5761

    8/2/2010 30.3781 19.7811 13,3685 31.5026 37.7339 40,1572 41,7509 43.1662 45.9968 45.5565 41.6292 38.9362

    8/3/2010 30.4202 19.7127 13.2333 31.7835 38.0704 40.5153 41.7658 43,1815 46.0131 45.5007 41.6054 38.8393

    8/4/2010 29.261 19.5073 14.7667 31.7286 38,0046 40.4452 41.9675 43.3901 46.2353 45.2645 41.3991 38.6541

    8/5/2010 29.5345 19,2545 14.5225 31.7183 37.9922 40.4321 41.4753 42.8813 45.6932 44.0089 40.9969 38.1522

    8/6/2010 29.1242 18.7775 14.0147 31,4041 37.6159 40.0316 41,1163 42,5101 45.2976 44.106 41.2787 38.0556

    8/9/2010 28.9867 18.5713 13.7769 31,1838 37.352 39.7508 412307 42,6283 45.4236 44.0035 40.4219 37.4087

    8/10/2010 28.5808 18.3495 13,5675 31.0807 37.2286 39.6194 41.3365 42.7377 45.5402 43.9872 40.3505 37.291

    8/11/2010 28,2363 18.1002 13.3106 31.0338 37.1724 39.5596 41,562 42.9709 45.7886 43.6132 39.6221 37.0192

    8/12/2010 27,6529 17.6473 12.9193 30,9668 37.092 39.4741 41.3425 42.7439 45.5468 43.5429 39.6 37.0286

    8/13/2010 27.664 17.6193 12.8989 30.6332 36.6925 39.0489 41.277 42.6762 45.4747 43.3075 39.7699 37.3164

    8/16/2010 26.9766 16.7768 11,9834 30.4323 36.4519 38.7928 40,9548 42.3431 45.1197 42.4966 38.902 36.525

    8/17/2010 27.1237 16.9105 12.1108 30.4723 36.4998 38.8438 40.9019 42.2884 45.0614 42.542 39,127 36.7539

    8/18/2010 26.8224 16.5963 11.7907 30,269 36,2563 38.5847 40.7926 42.1754 44,941 42.3724 39.0684 36.5759

    8/19/2010 27.2001 16.9369 12.1138 30.2819 36.2718 38,6011 40.7796 42.162 44.9267 41.828 38.5702 36,534

    8/20/2010 26.7474 16,4643 11,6318 30.3896 36.4007 38,7384 40.6442 42.022 44.7775 41,5666 38.5351 36.4947

    8/23/2010 26.5992 16.3082 11.472 30,17 36.1377 38,4584 40.1588 41.5201 44.2428 41.4931 38,4585 36.4159

    8/24/2010 26.1496 17.8772 11.4925 29.4022 35.218 37.4797 39.0102 40,3326 42.9773 41.4067 38,6772 36.2962

    8/25/2010 25,8304 17.2576 10.758 29.4796 35.3108 37.5784 39.1876 40.516 43.1727 41.5261 39.1292 36.6724

    8/26/2010 25.8427 17.6789 10.81 29,6903 35.5631 37.847 39,7542 41,1018 43.797 42.2988 39.9354 37.1478

  • Mid-Columbia Heavy Load and Light Load Daily Forward Curves April 2011 - March 2012

    Idaho Power/102 Wright/11

    8/27/2010 26.047 17.7645 10.7958 29.9739 35.9028 38,2085 40.3321 41.6993 44.4337 41.9134 40.0221 37.0937

    8/30/2010 25.8207 17.7624 10.6688 30.122 36,0802 38.3973 39.8198 41.1696 43.8693 42.0206 39.7164 36.3208

    8/31/2010 26,3213 18.3007 11.2402 30,4497 36.4727 38.8149 40.2065 41.5695 44.2953 42.1553 39.9904 36.3822

    9/1/2010 26.4313 18.4795 11.4797 30.4784 36.5071 38.8516 40.1505 41,5115 44.2336 41.9124 39,7661 36,3678

    9/2/2010 26,146 18.1958 11.5334 30,5206 36.5577 38.9054 39,9817 41.337 44.0477 41.6136 39.7654 36.3672

    9/3/2010 26.2971 18.352 11,6938 30,7428 36.8238 39,1886 40.0632 41.4213 44,1374 41.5793 39.7327 36.0989

    9/7/2010 27.3535 18,2923 12.1194 30.7257 36,8033 39.1668 40.1717 41,5335 44.257 41.6504 39.6584 36.3384

    9/8/2010 27.3819 18.0264 11,7514 30.8019 36.8946 39.2639 40.4428 41.8138 44,5557 42.3704 39.9962 36,1609

    9/9/2010 27.7978 18.1063 11.6066 31.1847 37.3531 39.7519 40.5099 41.8832 44.6296 43.5066 40.7875 37.0795

    9/10/2010 28.197 18.2451 12.0681 31.3271 37.5237 39.9335 40.7675 42.1494 44.9133 43.6504 41.1544 37,2581

    9/13/2010 28.3694 18,5732 12.3444 31.6024 37.8534 40.2844 40.9577 42.3461 45.1229 43.8598 41,3896 37.4736

    9/14/2010 28.2799 17.7825 11.4726 31.1714 313372 39,735 40.8873 42.2733 45.0453 44.3283 41,4585 37.4898

    9/15/2010 28.1675 18.0708 11.5883 31.4119 37.6253 40.0416 40.9456 42.3336 45.1096 43.4793 40.9217 37.1462

    9/16/2010 27.5559 17.8741 11.4005 31.1708 37.3364 39.7342 40.5604 41.9353 44.6852 43.0159 40.8255 37,175

    9/17/2010 26.4517 17.52 10.9929 30.8061 36.8996 39.2693 39.8134 41.163 43.8622 42.7851 40.4283 36.5003

    9/20/2010 25,7885 16,9435 10.2235 30.4567 36.4811 38.8239 39.7191 41,0656 43.7584 41.1355 39.3496 35.1229

    9/21/2010 26.6595 16.6907 10.0258 29,961 35.8874 38.1921 39.4045 40,7403 43.4118 40.5171 38,9201 35.0162

    9/22/2010 26.5877 16.6457 9.77153 29.9784 35.9082 38.2143 39.1896 40.5181 43.175 40,5871 38.8763 35,3958

    9/23/2010 26.9488 16,9783 10.0844 29.9167 35.8343 38.1356 39.4001 40.7357 43.4069 40.5215 38.7468 35.3158

    9/24/2010 26.4177 16.7695 9.76307 29.5805 35.4316 37.707 39.3856 40.7207 43.3909 40.2011 38.5906 35.0716

    9/27/2010 25.9068 16.0541 8.98334 29.0008 34.7372 36.9681 39.2591 40.59 43.2516 40.8309 38.1772 34,6791

    9/28/2010 26.1497 16.2428 9.67656 28.8613 34.5701 36.7902 39.0163 40.3389 42.9841 40.1644 38.1743 34.9177

    9/29/2010 26.1854 15.9696 8.98288 28.7596 34,4483 36.6606 39.2648 40.5958 43.2578 40.3896 38,5537 34.3311

    9/30/2010 26.1347 14.7045 9.04892 27.2658 35.005 36.4338 39,4491 40.7864 43.4609 40,3415 38.5361 34.1783

    Average LL 31.45 23.92 20.34 35.75 42.81 45.56 46.09 47.65 50.78 49.37 46.53 42.69

    Max LL 38.06 29,54 27.30 41.20 49,34 52.51 52.81 54.60 58.85 59.12 56,95 49.90

    Min LL 25,79 15.97 8.98 28.76 34.45 36.66 39.01 40.33 42.98 40.16 38.17 34.33

    Spread 12.27 13.57 18.31 12.44 14.90 15.85 13.79 14.26 15.88 18.96 18.78 15.57

  • Idaho Power/103 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON

    IDAHO POWER COMPANY

    Exhibit Accompanying Testimony of Scott Wright

    Producer Price Index for Electric Power

    October 20, 2010

  • Idaho Power/103 Wright/1

    Description: Source: Mnemonic: Native Frequency: Geography:

    PPI: Electric Power - Total, (Index, 1982=100, NSA) Bureau of Labor Statistics: Producer Price Index; Moody's Analytics FXPPIFU4.US QUARTERLY United States

    2010 Q1 178.26669 2010 Q2 184.39999 2010 Q3 189.9243 2010 Q4 182.0135 2011 Q1 183.6804 2011 Q2 186.7858 2011 Q3 192.9962 2011 Q4 185.4799 2012 Q1 186.96919 2012 Q2 190.0477 2012 Q3 195.94769 2012 Q4 187.8188 2013 Q1 189.15221 2013 Q2 192.2061 2013 Q3 198.14481 2013 Q4 190.0515 2014 Q1 191.3688 2014 Q2 194.4361 2014 Q3 200.4299 2014 Q4 192.2823 2015 QI 193.6387 2015 Q2 196.7428 2015 Q3 202.8018 2015 Q4 194.5528 2016 Q1 195.9575 2016 Q2 199.09109 2016 Q3 205.2225 2016 Q4 196.89 2017 Q1 198.2968 2017 Q2 201.491 2017 Q3 207.6834 2017 Q4 199.28481 2018 Q1 200.7197 2018 Q2 203.9355 2018 Q3 210.2009 2018 Q4 201.7178 2019 Q1 203.1635 2019 Q2 206.42081 2019 Q3 212.7424 2019 Q4 204.1813 2020 Q1 205.6376 2020 Q2 208.9326 2020 Q3 215.33009 2020 Q4 206.6687

  • Idaho Power/104 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON

    IDAHO POWER COMPANY

    Exhibit Accompanying Testimony of Scott Wright

    Idaho Power Company's Forward Price Curves Discounted for Inflation Used to Re-Price Purchased Power

    and Surplus Sales for the October Update

    October 20, 2010

  • Idaho Power/104 Wright/1

    IDAHO POWER COMPANY Forward Price Curves Discounted for Inflation

    Used to Re-Price Purchased Power (PP) and Surplus Sales (SS) for the October Update

    Line 1 Forward Curve Prices Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 2 Relevant Quarter 2012 Q2 2012 Q2 2012 Q2 2012 Q3 2012 Q3 2012 Q3 2012 Q4 2012 Q4 2012 Q4 2013 Q1 2013 Q1 2013 Q1 3 Deflator 1.900477 1.900477 1.900477 1.9594769 1.9594769 1.9594769 1.878188 1.878188 1.878188 1.8915221 1.8915221 1.8915221

    4 Water Year Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 5 Relevant Quarter 2011 Q2 2011 Q2 2011 Q2 2011 Q3 2011 Q3 2011 Q3 2011 Q4 2011 Q4 2011 Q4 2012 Q1 2012 Q1 2012 Q1 6 I nflator 1.867858 1.867858 1.867858 t 929962 1.929962 1.929962 1.854799 1.854799 1.854799 1.8696919 1.8696919 1.8696919

    7 Average Prices Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 8 MidC HL 40.69 36.92 35.21 54.69 59.76 57.11 53.07 55.59 60.30 58.27 55.69 50.69 9 MidC LL 31.45 23.92 20.34 35.75 42.81 45.56 46.09 47.65 50.78 49.37 46.53 42.69

    10 Inflation Adjusted Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 11 MidC HL 40.00 36.28 34.61 53.87 58.86 56.25 52.41 54.89 59.55 57.60 55.05 50.10 12 MidC LL 30.91 23.51 19.99 35.21 42.17 44.87 45.51 47.06 50.15 48.80 46.00 42.20

    13 Difference Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 14 MidC HL 0.70 0.63 0.60 0.82 0.90 0.86 0.66 0.69 0.75 0.67 0.64 0.58 15 MidC LL 0.54 0.41 0.35 0.54 0.64 0.69 0.57 0.59 0.63 0.57 0.54 0.49

    16 Reallocated Prices Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 17 HL PP 18 103.9% 41.55 37.70 35.96 55.97 61.16 58.44 54.45 57.03 61.87 59.84 57.19 52.06 19 LL PP 20 107.1% 33.10 25.18 21.41 37.71 45.16 48.06 48.75 50.40 53.71 52.26 49.26 45.20 21 HL SS 22 96.4% 38.56 34.98 33.36 51.93 56.74 54.23 50.52 52.92 57.41 55.52 53.07 48.30 23 LL SS 24 93.4% 28.87 21.96 18.67 32.89 39.38 41.91 42.51 43.95 46.84 45.58 42.96 39.42

  • Idaho Power/105 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON ,

    IDAHO POWER COMPANY

    Exhibit Accompanying Testimony of Scott Wright

    Idaho Power Company's Power Supply Costs for April 1, 2011 — March 31, 2012 (Multiple Gas Prices — 82 Years of Hydro)

    October 20, 2010

  • IDAHO POWER COMPANY POWER SUPPLY COSTS FOR APRIL 1, 2011 - MARCH 31, 2012 (Maple Gas Prices/82 Years of Hydro)

    Idaho Power/105

    Repriced Using UE195 Settlement Methodology - October Update

    Wright/1

    AVERAGE

    Agri [ May June &mg September October November December January February March Annual

    Hydroelectric Generation (MWh) 869,315.9 934,395.3 927,661.5 668,304.3 556,415.3 554,533.6 524,903.4 457,4062 680,120.0 801,632.9 846,805.1 865,084.8 8,686,578.4

    Bridger Energy (MWh) 271,978.0 224,814.5 235,566.8 429,630.4 450,768.8 411,511.8 442,774.2 444,821.2 475,034.0 383,892.6 341,865.0 332,112.9 4,444,7702

    Cost ($ x 1000) $ 6,115.4 $ 5,068.7 $ 5,326.6 $ 9,573.8 $ 10,019.6 $ 9,183.0 $ 9,859.5 $ 9,874.2 $ 10,515.5 $ 8,619.3 $ 7,673.1 $ 7,443.3 $ 99,271.8

    Boardman Energy (MW11) 13,427.4 1,599.6 21,453.9 37,467.2 37,645.9 35,408.3 35,446.7 34,616.5 37,720.0 29,610.6 28,402.5 30,771.8 343,570.4

    Cost ($ x 1000) $ 248.8 $ 30.0 $ 401.6 $ 666.4 $ 669.4 $ 632.1 $ 635.5 $ 619.9 $ 670.5 $ 613.1 $ 586.1 $ 633.1 $ 6,406.6

    Valmy Energy (MWh) 62,641.5 51,738.0 51,130.7 157,499.6 168,3262 159,412.3 163,982.9 161,565.3 171,052.4 135,258.3 113,360.1 105,232.7 1,501,200.0

    Cost ($ x 1000) $ 1,823.7 $ 1,5172 $ 1,500.8 $ 4,526.6 $ 4,831.9 $ 4,584.6 $ 4,725.3 $ 4,645.5 $ 4,903.8 $ 4,058.5 $ 3,401.7 $ 3,156.7 $ 43,676.3

    Danskin Energy (MW11) - - 33.8 2,240.2 2,417.5 4422 02 - - . - - 5,133.9

    Cost ($ x 1000) $ - $ - $ 2.0 $ 135.5 $ 146.4 $ 28.1 $ 0.0 $ - $ - $ - $ - $ - $ 311.9

    Fixed Capacity Charge - Gas Transportation ($ x 1000) $ 402.1 $ 4132 $ 400.6 $ 413.2 $ 413.2 $ 400.6 $ 4132 $ 400.6 $ 4132 $ 311.0 $ 283.1 $ 364.0 $ 4,628.2

    Total Cost $ 402.1 $ 4132 $ 402.5 $ 548.7 $ 559.6 $ 428.7 $ 4132 $ 400.6 $ 413.2 $ 311.0 $ 283.1 $ 364.0 $ 4,940.1

    Bennett Mountain Energy (MWh) 5.6 168.9 107.1 15.8 297.5

    Cost ($ x 1000) - $ 0.3 $ 10.4 $ 6.7 $ 1.0 $ - $ 18.5

    Purchased Power (Excluding PURPA) Market Energy (MW1) 5,763.6 31,305.3 93,686.7 255,9262 238,883.0 96,514.6 2,586.9 7,392.1 48,034.8 48,940.5 8,274.1 3,356.7 840,664.6

    Contract Energy (MWh) 27,086.1 30,806.6 63,9192 66,356.3 62,557.4 22,010.0 31,1842 29,743.0 36,917.3 30,054.1 25,920.7 25,715.8 452,270.8

    Total Energy Excl. PURPA (MWh) 32,849.7 62,111.9 157,605.9 322,282.5 301,440.5 118,524.5 33,771.1 37,135.1 84,952.2 78,994.5 34,194.8 29,072.6 1,292,935.4

    Market Cost ($ x 1000) $ 222.1 $ 1,040.0 $ 2,881.6 $ 12,653.7 $ 13,243.5 $ 5,282.4 $ 135.6 $ 404.1 $ 2,831.8 $ 2,796.1 $ 449.8 $ 166.5 $ 42,107.1

    Contract Cost ($ x 1000) $ 1,092.0 9 1,240.8 $ 4,746.9 $ 5,236.4 $ 5,029.8 $ 1,212.0 $ 1,708.9 $ 1,956.8 3 2,423.3 $ 1,685.0 $ 1,456.6 $ 1,065.1 $ 28,853.6

    Total Cost Excl. PURPA ( $ x 1000) $ 1,314.1 $ 2,280.9 $ 7,628.5 $ 17,890.1 $ 18,273.3 $ 6,494.4 $ 1,844.5 $ 2,360.8 $ 5,255.1 $ 4,481.0 $ 1,906.4 $ 1,231.6 $ 70,960.7

    Surplus Sales Energy (MWh) 329,683.7 178,759.0 89,821.3 11,778.4 16,554.9 111,506.9 225,068.5 102,062.0 127,723.8 119,562.8 293,787.3 339,098.0 1,945,406.7

    Revenue Including Transmission Costs ($ x 1000) $ 11,519.9 $ 5,384.4 $ 2,504.5 $ 528.0 $ 8322 $ 5,534.4 $ 10,698.1 $ 5,059.5 $ 6,828.6 $ 6,194.8 $ 14,482.9 $ 15,254.7 $ 84,822.2

    Transmission Costs ($ x1000) $ 329.7 $ 178.8 $ 89.8 $ 11.8 $ 16.6 $ 111.5 $ 225.1 $ 102.1 $ 127.7 $ 119.6 $ 293.8 $ 339.1 $ 1,945.4

    Revenue Excluding Transmission Costs ($ x 1000) $ 11,190.3 $ 5,205.7 $ 2,414.7 $ 5162 $ 815.6 $ 5,422.9 $ 10,473.1 $ 4,957.5 $ 6,700.9 $ 6,075.3 $ 14,189.1 $ 14,915.6 $ 82,876.8

    Hoku First Block Revenues $ 2,277.5 $ 2,353.4 $ 1,498.3 $ 7432 $ 1,238.6 $ 1,977.8 $ 2,353.4 $ 2,277.5 $ 2,353.4 $ 2,353.4 $ 2,201.6 $ 2,353.4 $ 23,981.4

    Net Hedges Energy (MWh) Cost ($ X 1000)

    Net Power Supply Costs ($ x 1000) $ (3,563.6) $ 1,751.0 $ 11,347.4 $ 31,956.6 $ 32,3062 $ 13,923.1 $ 4,651.6 $ 10,666.0 $ 12,703.8 $ 9,654.3 $ (2,540.3) $ (4,440.2) I $ 118,415.8 I

    PURPA ($ x 1000) $ 9,644.1 $ 12,167.0 $ 13,993.0 $ 14,311.8 $ 13,378.7 $ 11,978.7 $ 10,140.6 $ 9,1232 $ 9,393.8 $ 8,3332 $ 8,387.4 $ 8,199.6 $ 129,0512

    Total Net Power Supply Expense ($ x 1000) $ 6,080.5 $ 13,918.0 $ 25,340.4 $ 46,268.4 $ 45,684.8 $ 25,901.8 $ 14,792.1 $ 19,7892 $ 22,097.6 $ 17,987.6 $ 5,847.1 $ 3,759.4 I $ 247,467.0 I

    Sales at Customer Level (In 000s MWH) 980.009 1,159.959 1,345.175 1,608.919 1,505.422 1,204.650 1,017.339 1,048.739 1,311.365 1,298.338 1,086.467 1,058.555 14,624.935

    Hours in Month 720 744 720 744 744 720 744 720 744 744 696 744 8784

    Unit Cost / MWH (for PCAM) $620 $12.00 $18.84 $28.76 $30.35 $21.50 $14.54 $18.87 $16.85 $13.85 $5.38 $3.55 $16.92 I

    Prices Used in Purchased Power & Surplus Sales Above: Heavy Load

    Portion of Purchased Power considered HL Pu 64.25% 6425% 6425% 6425% 6425% 6425% 6425% 6425% 6425% 6425% 6425% 6425%

    Purchased Power HL Price 41.55 37.70 35.96 55.97 61.16 58.44 54.45 57.03 61.87 59.84 57.19 52.06

    Portion of Surplus Sales considered HL Surplu 62.70% 62.70% 62.70% 62.70% 62.70% 62.70% 62.70% 62.70% 62.70% 62.70% 62.70% 62.70%

    Surplus Sales HL Price 38.56 34.98 33.36 51.93 56.74 5423 50.52 52.92 57.41 55.52 53.07 48.30

    Light Load Portion of Purchased Power considered LL Par 35.75% 35.75% 35.75% 35.75% 35.75% 35.75% 35.75% 35.75% 35.75% 35.75% 35.75% 35.75%

    Purchased Power LL Price 33.10 25.18 21.41 37.71 45.16 48.06 48.75 50.40 53.71 5226 4926 4520

    Portion of Surplus Sales considered LL Surplut 37.30% 37.30% 37.30% 37.30% 37.30% 37.30% 37.30% 37.30% 37.30% 37.30% 37.30% 37.30%

    Surplus Sales LL Price 28.87 21.96 18.67 32.89 39.38 41.91 42.51 43.95 46.84 45.58 42.96 39.42

  • Idaho Power/106 Witness: Scott Wright

    BEFORE THE PUBLIC UTILITY COMMISSION OF OREGON

    IDAHO POWER COMPANY

    Exhibit Accompanying Testimony of Scott Wright

    Idaho Power Company's Rate Spread for October APCU Update

    October 20, 2010

  • General Rate Case (UE 213): Marginal Cost-of-Service Study and Stipulated Revenue Spread 2009 Test Period

    (A)

    TOTAL

    SYSTEM/AVERAGE

    (19)

    RESIDENTIAL

    (C)

    GEN SRV

    (D)

    GEN SRV

    SECONDARY

    (E)

    GEN SRV

    PRIMARY

    (F) AREA

    LIGHTING

    (G) LG POWER

    PRIMARY

    (H)

    LG POWER

    TRANS

    (I) IRRIGATION

    SECONDARY

    (J) UNMETERED

    GEN SERVICE

    (K) MUNICIPAL

    ST UGHT

    (L) TRAFFIC

    CONTROL

    Description (1) (7) (9-S) (9-P) (15) (19-P) (19-7) (24-S) (40) (41) (42) Loss-Inflated Normalized Sales (kWh) 740,533,031 220,362,881 19,087,766 129,779,060 17,340,865 470,308 195,081276 90,310,412 67,154,213 14,306 912,800 19,144 Current Revenue $32,433,692 $11,262,377 $1,176,138 $6,331,332 $654,786 $98,625 $6,712,141 $3,243,600 $2,846,148 $772 $106,979 $794

    Generation Marginal Cost Generation Demand-Related $5,368,907 $1,681,622 $160,628 $942,951 $119,727 $519 $1,078,999 $563,709 $819,581 $75 $995 $100 Generation Energy-Related $46,251,305 $13,587,114 $1,187,823 $7,954,222 $1,055,870 $28,374 $11,838,944 $5,800,384 $4,741,513 $863 $55,044 $1,155 Generation Total $51,620,212 $15,268,735 $1,348,451 $8,897,174 $1,175,597 $28,893 $12,917,943 $6,364,093 $5,561,094 $938 $56,039 $1,255

    Transmission Marginal Cost Transmission Demand-Related (75%) $14,714,881 $4,912,854 $433,698 $2,725,422 $348,347 $2,358 $3,117,028 $1,404,982 $1,765,148 $216 $4,540 $28