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seasonality at that time kept roughly the same parity between 

 them. 



Since then, that has deteriorated as Bonneville has phased out 

 seasonality over time. It does not make any sense to us to phase 

 out seasonality. We think it is just as true now as it was then. 



We think that as Bonneville's river system becomes more inflexi- 

 ble, and we understand it is because of required flows for protec- 

 tion of fish and restoration of fish runs, that a summer load that 

 is unique, like an irrigation load, will offer even more benefits to 

 Bonneville. 



Finally, with respect to the Competitiveness Project, we really do 

 not know that much about it yet to take a position other than to 

 say that we agree that Bonneville simply must become more effi- 

 cient in order to continue to deliver cost-effective products. It is not 

 possible for us to say in advance that we will be pleased with or 

 support each and every proposal that comes out. Nevertheless, it 

 is an important initiative and we are pleased that Bonneville has 

 undertaken this review. 



Thank you very much, Mr. Chairman, for the opportunity to com- 

 ment. 



Mr. DeFazio. Thank you. Mr. Kittredge. 



[Prepared statement of Mr. Clayhold and attachments follow:] 



