Search Results for keywords:"Colorado River Storage Project"

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Search Results: keywords:"Colorado River Storage Project"

  • Type:Notice
    Citation:89 FR 106473
    Reading Time:about 13 minutes

    The Western Area Power Administration (WAPA) is considering new formula rates for transmission and ancillary services under the Colorado River Storage Project (CRSP) to be recovered if CRSP decides to join the Southwest Power Pool (SPP). These rates are expected to be effective starting April 1, 2026, and will last for five years. Public consultation and comments on this proposal will be held from December 30, 2024, to March 31, 2025, with virtual forums scheduled on February 19, 2025. The proposal includes plans for CRSP to transfer control of some transmission facilities to SPP, affecting the way costs are calculated and billed.

    Simple Explanation

    The Western Area Power Administration (WAPA) is planning to change how they charge for using some big electric wires if they join a group called the Southwest Power Pool (SPP). They're asking people to share their thoughts on this plan before they start using it in 2026.

  • Type:Notice
    Citation:90 FR 9625
    Reading Time:about 12 minutes

    The Western Area Power Administration has approved a new provisional formula rate for the electric service of the Provo River Project, effective from April 1, 2025, through March 31, 2030. This new rate schedule, known as PR-3, will replace the existing PR-2 rate schedule, which expires in 2025. While the formula for the rate hasn't changed, it updates some contract references. The rate will remain provisional until the Federal Energy Regulatory Commission (FERC) gives final approval, or it could be replaced sooner if another rate comes into effect.

    Simple Explanation

    The people in charge of electricity in a place called the Provo River Project decided to keep the way they figure out electricity prices mostly the same, but they made sure everything is up-to-date with contracts. The price plan is starting new in April 2025 and needs a big boss called FERC to say it's okay before it becomes final.