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BPA seeks 8.5 percent rate increase

The Columbian
Published: November 18, 2010, 12:00am

PORTLAND, Ore. (AP) — The Bonneville Power Administration is seeking an 8.5 percent increase in the average wholesale rate for power it sells to local utilities and industrial customers in the Northwest.

The agency filed the proposal Thursday in the Federal Register.

BPA says it needs more money to upgrade the aging hydroelectric dams it depends on for power, buy fuel and do repairs at it’s nuclear power plant in Washington, and make dam modifications that help endangered salmon.

Administrator Steve Wright says Bonneville is trying to balance the desire to keep rates low against the high costs of maintaining a valuable source of power.

The proposal was greeted with some concern by the Public Power Council, which said it leaves the door open for another increase later this year.

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