The Western Area Power Administration (WAPA), part of the Department of Energy, is proposing new rates for transmission and related services for the Upper Great Plains region. These changes are related to WAPA's potential increased involvement in the Southwest Power Pool (SPP), a regional transmission organization. If approved, the new rates will begin on April 1, 2026, and will last for five years. WAPA aims to update its rate formulas to account for future participation in SPP's expanded network, ensuring that costs are covered efficiently while adapting to new settlement requirements.
Simple Explanation
The people in charge of electricity in a part of the U.S. want to change how they charge for delivering power starting in 2026, so they can join a bigger group that shares electricity; they're planning a big update to make everything work smoothly for five years.