Overly optimistic BPA load projections and lower market resale prices lead to increase, which will be assessed on city payments
Cheney’s City Council found itself in the unenviable position at Tuesday night’s meeting of having to approve payment of a bill it didn’t anticipate and didn’t have much of a hand in creating.
The council approved a $25,953 in Tier 2 power costs above what had been forecasted for use in 2014. The increase comes from the Northwest Intergovernmental Energy Supply Group, composed of 22 member utilities of which Cheney is one, and is based upon overly optimistic projections and lower than anticipated resale prices.
Cheney Light Department Director Joe Noland told the council that under...