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.