Significance of Achieving a Broad REP Settlement Sample Clauses

Significance of Achieving a Broad REP Settlement. ‌ The historical significance of achieving a settlement of the REP that is supported by a large segment of BPA’s customers is not lost on BPA. A broadly supported settlement of the REP has been a long-hoped-for but elusive goal. The complexity of settling the REP has been compounded because, as aptly noted by counsel for a large coalition of COUs, “the IOUs and COUs have approached the REP and section 7(b)(2) from dramatically different perspectives since adoption of the Act, and those perspectives are sometimes charged with emotion.” Xxxxxx and Xxxxxxxxx, XXX-00-X-XX00-00, at 18. Nevertheless, despite these fundamental differences, one of the largest coalitions in recent history of COUs, IOUs, and aligned interest groups have put aside their differences and reached a major agreement that settles existing litigation and establishes a stable and predictable implementation of the REP for the next 17 years. These parties collectively represent roughly 93 percent of the load served in the Pacific Northwest. The enormous amount of effort expended by representatives of the COUs, IOUs, public utility commissions, ratepayer advocacy groups, PPC, NRU, and PNGC, who spent hundreds of hours in intense negotiations to achieve this settlement, must be commended. The fruit of those efforts, the 2012 REP Settlement, is now before BPA. The question to be considered in this proceeding is whether BPA may, consistent with the Northwest Power Act, join these parties in ending the current disputes and avoid perpetuating the cycle of litigation over the REP for a period of 17 years. It is to that question that BPA now turns.
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