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Seattle City Council Parks and City Light Committee AgendaPacket 2026-07-01

South Fork Tolt BPA Credit Phases Out by 2029

BPA credit for South Fork Tolt: $3 million in 2026, decreasing to $0 by 2029City of SeattleBONNEVILLE POWER ADMINISTRATIONJune 30, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
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Description

Seattle City Light’s forecast includes a declining BPA credit for the South Fork Tolt resource through 2028, after which the credit expires. This credit slightly offsets increasing wholesale power costs during the early years of the strategic plan.

Contract Details

Contract Amount

BPA credit for South Fork Tolt: $3 million in 2026, decreasing to $0 by 2029

Vendor

BONNEVILLE POWER ADMINISTRATION

Agency

City of Seattle, WA

Contract Type

UTILITIES

Document Date

June 30, 2026

Contract Term

through 2028

Renewal Date

2029-01-01

Renewal Info

The BPA South Fork Tolt credit contract expires in 2028; no renewal is indicated.

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