Bonneville and its long-term transmission customers have concluded settlement discussions and have developed a proposed settlement of issues in the upcoming TC-20 and BP-20 proceedings. The proposed settlement is a "package" that includes two agreements. The TC-20 Settlement Agreement settles the TC-20 Tariff terms and conditions proceeding and establishes the new Bonneville Tariff. The BP-20 Partial Rates Settlement Agreement settles the rates for Transmission, Ancillary, and Control Area Services ("BP-20 Partial Settlement Agreement") for purposes of the BP-20 rate proceeding and the FY 2020-21 rate period.
Bonneville sincerely thanks the parties for their participation in the settlement discussions and hard work and collaboration on the settlement agreements.