Borrowing Authority The Recovery Act provides BPA with a $3.25 billion increase in Treasury Borrowing Authority under the Transmission System Act, thereby increasing the total amount of bonds that may be outstanding at any one time to $7.7 billion. BPA is authorized to issue bonds to the U.S. Treasury to fund numerous activities. For instance, BPA may issue such bonds to finance investments in the Northwest’s federal highvoltage transmission to maintain and improve system reliability and service and to facilitate new renewable resources, and investments in the federal hydropower system, in energy efficiency, and in support of fish and wildlife mitigation. BPA repays this debt with interest at rates that are set at Treasury’s cost of funds plus a mark up. BPA has made all of its debt payment and related obligations to the Treasury on time and in full for the past 25 years. BPA develops its capital spending plans in close cooperation with customers through vehicles like the Integrated Program Review. BPA’s activities are funded by revenue generated through transmission and power sales.

Recovery.gov is the U.S. government's official website that provides easy access to data related to Recovery Act spending and allows for the reporting of potential fraud, waste, and abuse. Energy.gov/recovery is a Department of Energy recovery website that shows specifically how recovery money is being used in the energy sector.