Bonneville Power Administration at Bonneville Power Administration

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The Bonneville Power Administration (BPA) is offering Regional Dialogue contract customers a one-time option to terminate their election to serve Above-Rate Period High Water Mark (RHWM) Loads at the Tier 2 Load Growth rate. This opt-out, which was requested by Northwest Requirements Utilities, has been approved by BPA as it is consistent with the Tiered Rate Methodology and causes no cost shift concerns. Customers wishing to exercise this option must provide written notice to their BPA Power Services account executive by September 30, 2016, and sign a Regional Dialogue contract revision by March 31, 2017. This election change will impact service for the third Purchase Period (FY 2020-2024) and potentially future periods up to FY 2028. Customers who opt out can elect Tier 2 Short-Term rates or utilize non-federal resources for their Above-RHWM Load.

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The document primarily announces a landmark long-term power supply contract between Peninsula Light Co. and Bonneville Power Administration, ensuring reliable, affordable, and clean energy for PenLight members from October 2028 through September 2044. It also details PenLight's income-based assistance programs for its members, including discounts and a $250 annual bill credit, and provides other community-related announcements.

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This document outlines a Power Sales Agreement (Contract No. 26PS-25090) and a related Creditworthiness Agreement (Contract No. 26PS-45005) between the Bonneville Power Administration (BPA) and the City of Tacoma, Department of Public Utilities, Light Division ("Tacoma Power"). The Power Sales Agreement, effective from October 1, 2028, to September 30, 2044, details Tacoma Power's obligation to purchase "Slice/Block" power from BPA to meet its load requirements. The agreement specifies terms for power acquisition, pricing mechanisms (Tier 1 and Tier 2 rates), scheduling, delivery, billing, and creditworthiness requirements. The estimated annual cost of the Slice/Block product is $123 million per year in 2029 nominal dollars.

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Central Lincoln signed a new 20-year power sales contract with Bonneville Power Administration (BPA) on October 20, 2025. This contract, effective October 1, 2028, and extending through 2044, aims to ensure reliable, affordable, and nearly 100% carbon-free hydropower for Central Lincoln's customers. The agreement highlights the strength of public power and regional cooperation in the Pacific Northwest.