SECURITIES AND EXCHANGE COMMISSIONS
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15a-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2002
SCOTTISH POWER PLC
(Translation of Registrant's Name Into English)
CORPORATE OFFICE, 1 ATLANTIC QUAY, GLASGOW, G2 8SP
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F ___
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes ___ No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_____.)
FORM 6-K: TABLE OF CONTENTS
1. Press Release of Scottish Power plc, dated June 10, 2002, regarding $40
million recovery granted to PacifiCorp in Idaho and Oregon.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
/s/ Scottish Power plc
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(Registrant)
Date June 11, 2002 By: /s/ Alan McCulloch
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Alan McCulloch
Assistant Company Secretary
PACIFICORP GRANTED $40M RECOVERY IN IDAHO & OREGON
ScottishPower announces that on 7 June 2002 the Idaho Public Utilities
Commission (IPUC) granted its US subsidiary PacifiCorp $25 million for the
recovery of net excess power costs in Idaho, related to the western power crisis
in 2000 and 2001. PacifiCorp originally requested $37 million, thus resulting in
a recovery rate of 68%.
The recovery is scheduled to be achieved through a $22.7 million power cost
surcharge, implemented over the next 24 months, and the retirement of merger
credits in Idaho at a net present value of $2.3 million.
PacifiCorp CEO Judi Johansen noted, "We believe this latest order provides a
strong level of recovery of allowable costs incurred in Idaho over the period."
The company received an order for approximately $147 million to recover excess
power costs in Utah on 1 May 2002.
The company also received a $14.2 million net rate increase effective 1 June
2002 from the Oregon Public Utility Commission (OPUC) on 20 May 2002 related to
various unresolved power cost issues from the company's last general rate case
concluded in September 2001. Additionally, on 28 May 2002 the OPUC approved an
increase of a further $1.2 million per year to recover costs related to a
long-term generating facility lease.
Under UK GAAP, all of PacifiCorp's net excess power costs are charged to the
profit and loss account when incurred. The regulatory recovery of net excess
power costs previously charged to the profit and loss account will be recognised
as income under UK GAAP when billed to customers.
Further information:
Andrew Jamieson Head of Investor Relations 0141 636 4527
Colin McSeveny Group Media Relations Manager 0141 636 4515