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City of Seattle, BPA Sign 17-year Energy Deal
by StaffPuget Sound Business Journal, December 8, 2008 |
The city of Seattle's City Light electric utility said it's signed a 17-year contract with Bonneville Power Administration (BPA) to supply 40 percent of the city's energy.
According to city officials, BPA has supplied City Light power for more than 30 years. The new deal adds to one that expires in 2011.
"By extending our relationship with BPA, we have secured our ability to acquire a substantial amount of low-cost hydroelectric power for the next two decades," said Jorge Carrasco, Seattle City Light superintendent, in a statement.
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