PacifiCorp GRC Proceedings
PacifiCorp’s most recent GRC proceeding A.22-05-006 for Test Year 2023.
On May 5, 2022, PacifiCorp filed Test Year 2023 GRC Application A.22-05-006 requesting a $27.9 million increase to its base rate revenue requirement, which would result in a 34% increase to the base rate revenue requirement and an overall revenue requirement increase of 25.7%, (including ECAC and other items.) According to the application, 76% of PacifiCorp’s requested revenue requirement increase is attributed to wildfire mitigation and vegetation management. Among other items included in the application are PacifiCorp’s requested increase to Return on Equity (ROE) from 10.0% to 10.5%, proposed updates to certain depreciation rates, an updated cost allocation and rate design proposal, and requested approval of PacifiCorp’s Inter-Jurisdictional Allocation Protocol.
On October 5, 2023 the Commission issued a Scoping Ruling that established a schedule for a Track 2 of the proceeding to examine PacifiCorp’s deferred Wildfire Mitigation Memorandum Account balances.
On December 14, 2023, the Commission issued Decision D.23-12-016 for the Track 1 adopting a Test Year 2023 base revenue requirement of $101,288,005. Among the items addressed, D.23-12-016 denies PacifiCorp’s request to increase its ROE, approves reasonable amounts for Wildfire Mitigation capital spending and O&M, extends the amortization period for the Cholla Unit 4 facility to six years, approves updates to cost allocation and rate design, approves PacifiCorp’s Inter-Jurisdictional Allocation Protocol, and approves an increase for the CARE customer discount to 25%. D.23-12-016 also adopts specific reporting requirements for PacifiCorp’s next GRC.
Previous PacifiCorp GRC Decisions:
- D.10-09-010 (revenue requirement for Test Year 2011 and increases for 2012-2013).
- D.20-02-025 (revenue requirement for Test Year 2019 and increases for 2020-2021).
Through a series of decisions, between 2014-2018, the CPUC granted PacifiCorp’s requests to file Post Test Year Adjustment Mechanism Increases and delay GRC application filings. See decisions D.12-10-006, D.13-07-026, D.14-06-018, D.15-12-018, and D.16-09-046. On January 14, 2021, the Commission adopted D.21-01-006 granting PacifiCorp’s petition to modify D.20-02-025 to extend PacifiCorp’s GRC filing by one year from Test Year 2022 to Test Year 2023.