On December 4, 2014, BPA published a notice in the Federal Register announcing the commencement of the rate proceeding for its Proposed Fiscal Year (FY) 2016–2017 Power and Transmission Rate Adjustments.
BPA is holding a consolidated power and transmission rate proceeding, BP-16, to set rates for the FY 2016-2017 rate period. The Pacific Northwest Electric Power Planning and Conservation Act (Northwest Power Act) provides that BPA must establish and periodically review and revise its rates so that they recover, in accordance with sound business principles, the costs associated with the acquisition, conservation, and transmission of electric power, including amortization of the Federal investment in the Federal Columbia River Power System (FCRPS) over a reasonable number of years and BPA’s other costs and expenses. The Northwest Power Act also requires that BPA’s rates be established based on the record of a formal hearing, and for transmission rates only, that the costs of the Federal transmission system be equitably allocated between Federal and non-Federal power utilizing the system. By this notice, BPA announces the commencement of a power and transmission rate adjustment proceeding for power, transmission, control area services, and ancillary services rates proposed to be effective on October 1, 2015.