The Bonneville Power Administration began its Tiered Rate Methodology (TRM) rate proceeding under section 7(i) of the Northwest Power Act with publication of its initial proposal in the Federal Register in early May. BPA expects to conclude the formal rate process in late September 2008 with a final record of decision (ROD).
Under the July 2007 Long-Term Regional Dialogue Final Policy, BPA will offer 20-year Regional Dialogue Contracts to its public utility and federal agency customers that provide for tiered rates under the Priority Firm (PF) power rate schedule. The TRM establishes a rate design that creates a predictable and durable means by which to tier BPA’s PF rate. Actual rate levels will be set in Northwest Power Act section 7(i) rate proceedings for two-year rate periods beginning in FY 2012, consistent with the TRM.
More information about the TRM initial proposal, including the Federal Register notice, is available on BPA's Web site.
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