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Lisa Grow Vice President, Delivery Engineering & Operations Our Energy Future Slide 2 Slide 3 Rising Demand Up, Up, Up Idaho Power customer population grew 22.2 percent between 2000 and 2007 In 2007 Idaho ranked 14th in the nation in per capita energy use Idaho Power set a new peak load record of 3,214MW in June 2008 Idaho Power surpassed peak summer loads 5 times in 2007 During the summer of 2007, we experienced 14 days in July alone at near maximum capacity State of Idaho is a net energy importer Transmission is key Slide 4 Idaho Power Service Area Demand Going Up Slide 5 Our Core Business Slide 6 Hydro Variability Energy Efficiency Thermal Resources Alternative Resources Purchased Power New Generation Thousands of Megawatts Slide 7 Regionally-Integrated Transmission Strategy Slide 8 Idaho Power Distribution & Transmission Projects 2007 2017 Slide 9 Distribution and Transmission Siting & Permitting Slide 10 The Big Picture Enormous Capital Expenditures $ 750 Billion $ 1.2 Trillion Exceeds current capitalization Major new gas, nuclear and transmission Rising Costs and Prices No longer a declining cost industry Fuel, infrastructure components, global industrialization and competition Slide 11 Sharing The Cost All customers benefit from increased capacity and reliability Present law provides shared costs across customers within a class with exception to large loads Public policy decision Slide 12 Slide 13 Risks To Our Communities Reduced reliability Decreased economic growth Quality of life Slide 14 How You Make a Difference To continue providing reliable, responsible energy to our customers in the future, we need to receive strong community and governmental commitment and regulatory support today Implementing planning and siting best practices across counties Encourage public participation Identifying Siting Building Participate in Idaho Powers Energy Efficiency programs Visit www.idahopower.com/ourfuture for more informationwww.idahopower.com/ourfuture Slide 15 Tradition Throughout our 92 year, you ed us to your, and. we your trust to for our. history trust power businesses schools homes engage Today build future