House Panel Asked to Shine Light on PMA Costs

House Panel Asked to Shine Light on PMA Costs
(Electric Co-op Today, 4/25)

“CEO Patrick Ledger of Arizona’s G&T Cooperatives said his co-op is challenged to manage costs for its members because it lacks a full accounting of environmental compliance from the Western Area Power Administration, a key power provider. […]“Indeed, the proposed legislation would provide valuable insight into an important cost driver that has affected Western’s power marketing in recent years,” said Ledger, who has been CEO at the Benson-based co-op since 2011. The subcommittee is weighing H.R. 1869, the Environmental Compliance Cost Transparency Act of 2015, authored by Rep. Paul Gosar, R-Ariz. Some PMAs, such as Bonneville Power Administration, disclose the cost of meeting environmental laws in various forms, but Gosar’s legislation would standardize that process for the first time by requiring the information as part of monthly billing statements. […] The issue is no spare change—BPA’s fish and wildlife costs topped $782 million in fiscal 2014, and make up about 30 percent of the wholesale power charges to co-ops and other utilities.”

Full story HERE

 

Jeff Small