Nuke Debt Extension Examinedby Staff
BPA Journal, January 2006
BPA is looking at extending a portion of outstanding debt for Energy Northwest's Columbia Generating Station nuclear power plant as a way to provide some rate relief for fiscal years 2007 through 2009. BPA held a workshop at Portland Nov. 28 to discuss the proposal.
BPA will also discuss the possibility of debt financing nuclear plant capital improvements to 2024, rather than the present date of 2018. The change would again reduce near-term power rate pressure and would match bond maturities more closely to the planned life of the plant.
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