The new arrangement will align with the Federal Energy Regulatory Commission’s preference for transactions to be OATT-based. OATT-based transactions will add flexibility and transparency, allowing for more efficient use of the assets. This transaction will eliminate or amend the Legacy Agreements. The asset exchange will resolve certain transmission operational issues to ensure continued safe and reliable electric service. The transaction will not affect PacifiCorp’s ability to perform its public duties. The exchange benefits PacifiCorp and is in the best interest of its customers from an operational standpoint. This decision does not trigger CEQA. Hearings are not necessary. This proceeding should be closed. The application should be approved. that: IT IS ORDERED The Application of PacifiCorp for authorization to enter into an asset exchange with Idaho Power Company is approved. the asset exchange is closed, PacifiCorp and Idaho Power Company must true-up the net book values of the assets exchanged, and the company receiving assets with a higher net book value than the corresponding assets it is
The new arrangement will align with the Federal Energy Regulatory Commission’s preference for transactions to be OATT-based. OATT-based transactions will add flexibility and transparency, allowing for more efficient use of the assets. This transaction will eliminate or amend the Legacy Agreements. The asset exchange will resolve certain transmission operational issues to ensure continued safe and reliable electric service. The transaction will not affect PacifiCorp’s ability to perform its public duties. The exchange benefits PacifiCorp and is in the best interest of its customers from an operational standpoint. This decision does not trigger CEQA. Hearings are not necessary. This proceeding should be closed. The application should be approved. IT IS ORDERED that: The Application of PacifiCorp for authorization to enter into an asset exchange with Idaho Power Company is approved. the asset exchange is closed, PacifiCorp and Idaho Power Company must true-up the net book values of the assets exchanged, and the company receiving assets with a higher net book value than the corresponding assets it is