Western Area Power Administration June 16, 2005 – Federal Register Recent Federal Regulation Documents

The Western Area Power Administration (Western) is proposing revised rates for Loveland Area Projects (LAP) firm electric service. LAP consists of the Fryingpan-Arkansas Project and the Pick-Sloan Missouri Basin ProgramWestern Division, which were integrated for marketing and rate-making purposes in 1989. Current rates, under Rate Schedule L-F5, expire on December 31, 2008, but are not sufficient to meet the LAP revenue requirements. Proposed rates will provide sufficient revenue to pay all annual costs, including interest expense, and repay required investment within the allowable period. Western will prepare a brochure that provides detailed information on the rates to all interested parties. Proposed rates, under Rate Schedule L-F6, are scheduled to go into effect on January 1, 2006, and will remain in effect through December 31, 2010. Publication of this Federal Register notice begins the formal process for the proposed rate adjustment.