BPA makes 42nd straight U.S Treasury payment

On Sept. 30, the Bonneville Power Administration made its annual payment to the U.S. Department of the Treasury for the 42nd consecutive year on time and in full, bringing cumulative payments to approximately $36.6 billion since 1984. The total payment for fiscal year 2025 was $1.2 billion.

“Making this payment on time and in full after three consecutive years of below-average runoff and lower-than-expected revenues demonstrates BPA's financial resilience," said Tom McDonald, chief financial officer. “As we prepare to deploy a large-scale grid expansion program, we will be looking to augment our financial plan over the coming year, ensuring BPA maintains financial strength while bolstering the region's abundant, reliable and secure energy resources."

This year's payment includes $885.4 million in principal, $258.7 million in interest and $54.3 million in other payments. The principal includes approximately $82.8 million of additional federal debt payment made possible by Transmission Services' strong financial performance in FY 2024, which triggered the financial plan's Reserves Distribution Clause.

BPA is a self-financed power marketing administration that receives no annual appropriation funding from Congress. Instead, BPA recovers its costs primarily through the sale of electric power and transmission services.

Each year, BPA pays back to the U.S. Treasury a portion of taxpayers' investment in the Federal Columbia River Power System, which includes the federal hydropower dams and the transmission system that delivers abundant, affordable and reliable power to communities across the Northwest.