4. BPA: CUTS IN POWER BUYS NEEDED TO HOLD RATES DOWN

Acting administrator Steve Wright said Wednesday that the Bonneville
Power Administration’s wholesale customers have 16 days to make
commitments to reduce their power purchases if they want to dodge an
Oct. 1 price increase of more than 100 percent.

The federal power marketing agency has calculated that it needs about
3,700 average megawatts of additional supply to meet all of its
customers’ loads in the six months starting Oct. 1.

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