The 2012 REP Settlement (REP-12 Proceeding)
BPA conducted the REP-12 proceeding to review the terms and conditions of a long-term settlement of issues regarding the implementation of the Residential Exchange Program (2012 REP Settlement). This proceeding concluded with the Administrator's issuance of a Final Record of Decision (ROD) on July 26, 2011 which reflected his decision to adopt the 2012 REP Settlement.
One party challenged BPA in the United States Court of Appeals for the Ninth Circuit (Court) on the 2012 REP Settlement. On May 22, 2015, the Court issued a memorandum opinion in Public Power Council v. U.S. Dept. of Energy, 2015 WL 2448336, which dismissed as moot the Western Public Agency Group’s (WPAG) challenge to BPA’s WP-07S ROD. This dismissal effectively ended all current challenges related to the REP.
Documents pertaining to the 2012 REP Settlement include:
The table below reflects the total 2012 REP Settlement benefits to the IOUs for each fiscal year*. In addition, the Refund Amount of $76,537,617 to PF Customers is included in the totals below for FY 2012-2019**.
REP Exchange Period |
Millions per Fiscal Year |
FY 2012-2013 |
$182.10 |
FY 2014-2015 |
$197.50 |
FY 2016-2017 |
$214.10 |
FY 2018-2019 |
$232.20 |
FY 2020-2021 |
$245.20 |
FY 2022-2023 |
$259.00 |
FY 2024-2025 |
$273.60 |
FY 2026-2028 |
$286.10 |
TOTAL |
$1,889.80 |
*For more information see Appendix A: 2012 REP Settlement Agreement, Section 3.1
**For more information see Appendix A: 2012 REP Settlement Agreement, Section 3.2