Wholesale rate reduction efforts

PNGC Power engages in electricity policy issues at a regional and national level to keep power costs under control. PNGC has worked extensively with BPA to reduce revenue requirements and push towards lower rates. In the 2007-2009 rate period alone, we along with other consumer-owned utilities helped BPA cut revenue requirements, resulting in $122 million in identified savings. BPA has again reduced wholesale rates for the year. The benefit of the rate decrease has been passed through to our member cooperative utilities.