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Clearing Up / This Week
[CU 1859 / July 13, 2018]
BPA Considers Extending Fish Accords
BPA is considering a four-year extension of the Columbia River Fish Accords, Bryan Mercier, executive manager of BPA’s Fish and Wildlife Division, told the Northwest Power and Conservation Council’s Fish and Wildlife Committee July 10. He also noted that if the agency goes forward with a renewal, it expects to have a proposal out for public review by August.
Seattle City Council OKs Leaner SCL Strategic Plan, Readies for Rate Design
The Seattle City Council voted 8-1 on July 9 to approve City Light’s six-year strategic plan calling for revenue increases averaging 4.5 percent annually over the period 2019-2024. The plan had been slimmed down by $349 million from an earlier version at the direction of Mayor Jenny Durkan, on advice from the volunteer City Light Customer Review Panel, which termed the original revenue requirements as “not sustainable.” Up next will be a revision of SCL’s rate design.
Hydro One CEO, Board Booted; Impact on Avista Merger Unclear
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The July 11 ouster of Hydro One CEO Mayo Schmidt by Ontario’s new premier and the planned departure of the board of directors have cast uncertainty over the company’s proposed $5.3 billion acquisition of Avista, which the companies have said would close in the second half of 2018. In the run-up to the provincial elections, the companies assured state regulators that ring-fencing and other provisions would protect Avista customers and shareholders, regardless of the outcome.
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