BPA pays $1B to government
Portland Business Journal, October 12, 2007
The Bonneville Power Administration paid the U.S. Treasury $1.045 billion for fiscal year 2007, which ended Sept. 30.
This is the full, scheduled annual payment, with interest, plus a prepayment on the U.S. taxpayer investment in the Federal Columbia River Power System, which includes the federal hydropower dams and transmission system.
BPA is a self-financed agency that covers its costs with revenue from Northwest ratepayers and other purchasers of its power and transmission products and services.
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