Demand from utilities that recently signed new 10-year wholesale power contracts with the Bonneville Power Administration is so strong that the agency is talking about a 15 percent charge to cover the cost of purchasing additional power to augment its supply, officials said Wednesday.
Paul Norman, BPA senior vice president, said the federal agency is proposing the charge on wholesale rates that go into effect Oct. 1, 2001. The surcharge could affect Snohomish County PUD customers, although how much is not known. PUD commissioners got their first look at the budget for 2001 on Tuesday and will meet again at 6:30 p.m. Nov. 21 to continue their discussions. Action on local rates is not expected until early next year, when the PUD expects to have more detailed information on Bonneville’s prices.
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