8. TRANSITION BOARD PROPOSES COST RECOVERY MECHANISM

The Northwest Energy Review Transition Board has released for public
comment a proposed "cost recovery mechanism" that would allow
the Bonneville Power Administration to balance the books if costs, including
fish and wildlife expenses, exceed revenues.

"Under some expectations about future market conditions, it is
likely that Bonneville’s customers would see substantial benefits relative
to purchasing from the wholesale power market, even if Bonneville is called
upon …

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