Bonneville Power Administration's Repayment of Its Obligations to the U.S. Treasury: Hearing Before the Committee on Energy and Natural Resources, United States Senate, Ninety-eighth Congress, Second Session, on the History and Methodology of the Bonneville Power Administration's Repayment ... September 13, 1984U.S. Government Printing Office, 1985 - 90 pages |
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Common terms and phrases
adjust Administration's amortization payments believe bond Bonne Bonneville Power Bonneville Power Administration Bonneville's rates Bonneville's repayment borrowing BPA's financial BPA's repayment Chairman Columbia River Power Commission commitment committee CONGRES HE LIBRARY CONGRESS LIBRARY CONGRESS OF CONGRESS CONGRESS THE LIBRARY cost-based method debt deferred interest economic electric power ENBAUM end of fiscal FCRPS Federal Columbia River Federal investment FERC finance fiscal year 1984 fixed repayment schedule flexibility forecasts going Government Grand Coulee Dam Healey hydroelectric interest payments interest rates Johnson Kevin Boland Lamke LIBRA LIBRARY OF CONGRES LIBRARY OF CONGRESS linear programming load ment million mortgage needed obligations operating Pacific Northwest period plan for repayment Power Administration projects questions ratepayers region repay the federal repaym repayment policy repayment study method RESS THE LIBRARY revenues River Power System Senator EVANS Senator METZENBAUM shortfall subsidy System Act taxpayers tion Transmission System Treasury's U.S. Treasury utilities WPPSS
Popular passages
Page 43 - Rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of the projects) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment allocated to power over a reasonable period of years.
Page 30 - Interior, who shall transmit and dispose of such power and energy in such manner as to encourage the most widespread use thereof at the lowest possible rates to consumers consistent with sound business principles, the rate schedules to become effective upon confirmation and approval by the Federal Power Commission.
Page 54 - Commission, that such rates — (A) are sufficient to assure repayment of the Federal investment in the Federal Columbia River Power System over a reasonable number of years after first meeting the Administrator's other costs, (B) are based upon the Administrator's total system costs...
Page 44 - ... and (3) at levels to produce such additional revenues as may be required, in the aggregate with all other revenues of the administrator, to pay when due the principal of, premiums, discounts and expenses in connection with the issuance of, and interest on all bonds issued and outstanding pursuant to this Act, and amounts required to establish and maintain reserve and other funds and accounts established in connection therewith.
Page 43 - This approach to repayment scheduling has the effect of averaging the year-toyear variations in costs and revenues over the repayment period. This results in a uniform cost per unit of power sold, and permits the maintenance of stable rates for extended periods.
Page 45 - Mr. Chairman and members of this committee, I appreciate the opportunity to appear before you today and to speak of some of the major concerns of the Blinded Veterans Association.
Page 44 - Such rates shall be established and, as appropriate, revised to recover, in accordance with sound business principles, the costs associated with the acquisition, conservation, and transmission of electric power, including the amortization of the Federal investment in the Federal Columbia River Power System (including irrigation costs required to be repaid out of power revenues...
Page 60 - Thank you for the opportunity to bring this critical matter to your attention through this statement. We would be pleased to respond to any questions the Members of this Committee may have.
Page 29 - ... substations, are operated as an integrated power system with operating and financial results combined and reported as the Federal Columbia River Power System (FCRPS). BPA...
Page 30 - In 1980, enactment of the Pacific Northwest Electric Power Planning and Conservation Act (Northwest Power Act) expanded...