Loveland Area Projects Firm Electric Service & Sale of Surplus Products – 2025 Rate Adjustment

The Rocky Mountain Region (RM) and the Upper Great Plains Region (UGP), under Rate Order Nos. WAPA-212 and WAPA-213, are in the beginning stages of initiating rate adjustment processes for Loveland Area Projects (LAP), which is comprised of the Pick-Sloan Missouri Basin Program (P-SMBP)–Western Division (WD) and the Fryingpan-Arkansas Project (Fry-Ark), and P-SMBP–Eastern Division (ED); both proposed to be effective January 1, 2025.  The current rate schedules do not expire until December 31, 2027, however, based on current and forecasted financial data and forecasted hydrology, the current firm power rates are not sufficient to provide revenues to cover interest expense and to repay investments within the allowable period.  The publication of the Proposal, and subsequent customer notifications, are expected in late June/early July.

Schedule-of-2025-Rate-Adjustment

Rate process documentation (coming soon)

If you have questions, please contact:
Mrs. Sheila Cook
Rocky Mountain Region Rates Manager
970.685.9562
scook@wapa.gov