Heat a large sauté pan to medium heat and add a small drizzle of olive oil. Add the peppers and sauté until tender. Remove from heat to cool.
1 Tablespoon Olive Oil, 1 Cup Bell Peppers
In a large bowl, mix together the corn, ranch, sour cream, cheeses, sautéed peppers, and chiles.
3 Cups Frozen Corn, 1/2 Cup Ranch Dressing, 1/2 Cup Sour Cream, 1/2 Cup Shredded Pepperjack Cheese, 1/2 Cup Shredded Mild Cheddar Cheese, 1 Can Diced Green Chiles
Add salt and pepper to taste (it will take a few pinches of salt with all of that corn and the dressing).