Residential Exchange Program
The following comments were submitted in response to the open comment period described below.
The May 3 decisions by the U.S. Circuit Court of Appeals for the Ninth Circuit held that BPA had exceeded its authority in settling the level of REP benefits in agreements with investor-owned utilities in 2000. This ruling put into question the level of benefits currently provided and the level that should result under Long-Term Regional Dialogue contracts. BPA suspended monthly REP payments to the IOUs until their legality and appropriate level can be clarified. Since the court decisions, BPA has encouraged representatives of public power and the IOUs to try to reach broad agreement on how to resolve REP benefits issues.
The following comments were received as a result of the Court ruling, BPA's suspension of payments and the Aug. 1 public meeting.
For More Information:
www.bpa.gov/corporate/BPANews/Perspective/2007/ResExchRuling/
Close of comment: 2008-06/01