Home » Jackson Hole »Lincoln County »State of Idaho »Sublette County »Teton County »Teton Valley »Town of Jackson » Currently Reading:

BPA Eyes Rate Increases

BPA

Bonneville Power Administration, the wholesale power supplier for Lower Valley Energy, announced last week that it is considering a 9.6 percent average wholesale power rate increase to compensate for reduced revenue expectations from surplus power sales resulting from low natural gas prices.  The company is also proposing a 13 percent increase in transmission rates which would be the first transmission rate increase in eight years.  The actual disposition of those rates will be discussed early next year, and LVE Spokesman Brian Tanabe says what it will mean for LVE consumers will remain to be seen.  Tanabe says this is not “uncharted territory” for the cooperative.  He says LVE has a long time to determine how to handle the rate increase – but the standard method of handling rate increases is to pass along ½ of the increase to customers since it actually accounts for half of what it costs LVE to provide power to its owner/consumers. Tanabe points out that in a number of occasions, the cooperative has simply absorbed the rate increase entirely.  BPA anticipates a final decision on the increase to be made by next October, and between now and then, Tanabe says the co-op board will have plenty of time to review its alternatives for dealing with the increase.  Currently, Tanabe says, electricity rates here are about 5¢ per kilowatt hour.  He says the state average is over 8¢ per kilowatt hour while the national average is above 11¢. BPA says any rate changes would be effective in the 2014 and 2015 fiscal years.

Comment on this Article:

LOST CREEK RANCH AND SPA WEBCAM

Quake List

Archive

Weather Alerts

Wyoming News

  • Windy In Eastern Wyoming, Otherwise, Pleasant Halloween Weather - October 31, 2014
    A ridge of high pressure will slowly move east today.  This will keep skies sunny to mostly sunny and conditions mainly dry across much of the state today.  Winds, however, will be strong and gusty across eastern Wyoming with gusts between 40 and 50 mph.  Temperatures across western Wyoming will stay very mild and above […]
  • Goose hunters will always have a Halloween costume - October 31, 2014
    Thank goodness for non-hunting spouses. If it weren’t for our better halves, most of us who hunt would be completely unprepared for fall holidays. Halloween is certainly one of the days that would be far less exciting if there weren’t people in our households who think about other things besides late-season deer, ducks, geese, pheasants […]
  • Cool With Mainly Quiet Weather Conditions Today - October 30, 2014
    Weather concerns across the state will be very minimal today.  Expect sunny to mostly sunny skies, mainly dry weather conditions, and light to breezy winds.  Temperatures will be a touch cooler today due to a weak cool front that will be brushing by northern and eastern parts of the state.  Daytime highs will be in […]
  • Be ready for bumps, scrapes, cuts and more - October 30, 2014
    Being prepared for the worst is never a bad idea. However, if you carry everything you might need for any emergency, you won’t have room for your tent or sleeping bag. A first aid kit needs to be light and compact, or it’ll be one of the first things you toss out of the pack […]

The Latest RSS Items

  • No items found in feed URL: http://feeds.feedburner.com/StefaniasBlog?format=xml. You requested 5 items.
  • powered by RSS Just Better 1.3 plugin