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2003 SN CRAC (SN-03)
Expedited Rate Case
            Related Links:   Power Rate Adjustments > Safety Net (SN) CRAC

(updated on May 11, 2004)

On June 30, 2003, the Administrator of the Bonneville Power Administration (BPA) signed the Final Record of Decision (ROD) concluding the SN CRAC rates hearing process. This process began in February 2003 when the Administrator determined that there was a greater than 50 percent probability of missing BPA's next payment to Treasury or other creditor. Under BPA's General Rate Schedule Provisions (GRSPs), the triggering of the SN CRAC process initiated a formal expedited 7(i) rates process, which was completed with the signing of the ROD in June 2003.

BPA received interim approval from the Federal Energy Regulatory Commission (FERC) on October 1, 2003 and final approval on May 10, 2004. BPA will conduct a process each August to set the final rates, consistent with the SN CRAC formula decided in the 7(i) hearing process, for the FB and SN CRACs, with rates taking effect on October 1 of each year of the rate period. Additional information regarding the SN and FB CRAC will be posted on BPA's FB CRAC and SN CRAC web pages as it becomes available.

FERC Order Confirming and Approving Rates on a FINAL Basis
Issued May 10, 2004 (PDF, 8 pages, 28 kb, posted May 11, 2004)
FERC Order Approving Rates on an Interim Basis
Issued October 1, 2003 (PDF, 5 pages, 19 kb, posted here on May 11, 2004)

Final Proposal

Pre-Decisional Materials


Archive of content originally posted or last updated on:  May 11, 2004.
Content originally provided by:  Michael Normandeau, BPA Power Business Line.
Content provided by:  Greg Gustafson, 503-230-5820, gcgustafson@bpa.gov.
Page maintained by:  BPA Web Team.
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