The Federal Energy Regulatory Commission approved a settlement among California, its investor-owned utilities, and IdaCorp May 24, putting to rest more refund claims arising from controversial trades made during the 2000-01 energy crisis. IdaCorp allegedly conducted numerous maneuvers to collect improper congestion payments. The agreed-upon refund amount will be taken out of the $35.9 million that the defunct California Power Exchange withheld from IdaCorp. Those funds were reserved when Pacific Gas & Electric and Southern California Edison were unable to pay for power during 2000-01. Of the nearly $36 million in dispute, $23.4 million will be used to refund trades made before January 18, 2001. Another $254,129 will cover pre-October 2000 power trades. The California Litigation Escrow Account will collect $548,919. IdaCorp will also pay the U.S. Treasury $83,373. The remaining $13.2 million in the CalPX account will be transferred to IdaCorp. CalPX representatives, however, doubted that there are sufficient funds to cover the required payments. The power exchange remains in bankruptcy. The California attorney general had no comment because the settlement did not have a monetary impact on the Department of Water Resources.