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Notice2024-14274

Loveland Area Projects-Rate Order No. WAPA-212

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
June 28, 2024

Issuing agencies

Energy DepartmentWestern Area Power Administration

Abstract

The Rocky Mountain (RM) region of the Western Area Power Administration (WAPA) proposes revised formula rates for the Loveland Area Projects (LAP) firm electric service (FES) and sale of surplus products. LAP consists of the Fryingpan-Arkansas Project (Fry-Ark) and the Pick-Sloan Missouri Basin Program (P-SMBP)--Western Division (WD), which were integrated for marketing and rate-making purposes in 1989. The existing formula rates for these services, under Rate Schedules L- F12 and L-M3, do not expire until December 31, 2027; however, the existing FES rate no longer provides sufficient revenues to recover interest expense and repay investments. The formula rate for sale of surplus products is not changing but is being included in Rate Order No. WAPA-212 (WAPA-212) in order to make these rate schedules effective for the same time frame.

Indexed from Federal Register on June 28, 2024.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.