The 2022 Financial Plan establishes a guiding framework for decision-making by defining the financial constraints within which BPA operates and outlining objectives BPA has established to sustain its financial strength. The plan contains three sections that build from and support each other:
  1. Statutory obligations and authorities. 
  2. Financial policies and established practices. 
  3. Financial objectives.

BPA’s Financial Plan is an important companion to BPA’s strategic direction. BPA will revise and update its financial plan periodically, depending upon actual financial performance or material changes in the operating environment. 

Completed Financial Plan Refresh

BPA worked to update select sections of the 2018 Financial Plan, a project known Financial Plan Refresh.  The scope of this work was focused on debt management, debt capacity and to a limited extent, capital.  BPA engaged with external stakeholders through a public engagement process that concluded in July 2022.