BPA 2022 Net Revenues Exceed Target By $792 Million; Proposing Flat Rates For 2023-25, 8 Percent Increase For Salmon Mitigation

The Bonneville Power Administration plans to capitalize on its strong 2022 fiscal year by holding its rates for electricity and transmission flat during the next rate case cycle, which is FY2023-25. In the same rate case, it is proposing to increase its Columbia River basin fish and wildlife mitigation expenses by 8 percent, the first time the power marketing agency has increased those costs since FY2018-19 when it vowed to keep fish and wildlife spending below the inflation rate.

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