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Annual Reports

2020 Annual Report

The 2020 BPA Annual Report was reposted December 1, 2020 to correct a megawatt-hour disclosure on page 25. This correction did not affect the financial statements.


FY 20 Annual Report depicts BPA’s ‘Resilience, Responsiveness and Results’ in an uncertain year
BPA’s FY 2020 Annual Report describes the agency’s strong performance in a year marked by a pandemic and historic wildfires.

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Background Information

The submission of Bonneville Power Administration’s (BPA) Annual Report fulfills the reporting requirements of the Grand Coulee Dam - Third Powerplant Act, Public Law 89-448. BPA’s Annual Report is a summary of our financial position and performance for the fiscal year for use by ratepayers, power customers, financial markets, and other constituent groups. The entity reported in our audited financial statements is the Federal Columbia River Power System (FCRPS). The FCRPS financial statements combine the accounts of BPA with the accounts of the Pacific Northwest generating facilities of the U.S. Army Corps of Engineers and the Bureau of Reclamation.
The FCRPS combined financial statements also include the operations and maintenance costs of the U.S. Fish and Wildlife Service for the Lower Snake River Compensation Plan facilities. Consolidated with BPA is a variable interest entity from which BPA leases certain transmission facilities. For a more complete explanation of the FCRPS, please refer to Note 1 of the audited financial statements, which are included in the Annual Report.
Frequency of Posting: Annual
POC: Kevin Owen, FRS
File format: PDF