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We will also move to "unbundle" our power products and transmission services. 

 Our goal is to provide greater variety and more customized services to better 

 match customers' needs and the markets they serve. Possibilities will include 

 different types of transmission for different voltages, load-shaping, storage, and 

 transmission and integration services. Bonneville will also examine and 

 consider multiple rates for multiple products-concepts such as tiered rates will 

 be explored as well. Everything will be on the table. 



CONCLUSION 



We will continue to work closely with Congress, the region, our customers, and 

 other parties to address these short-term financial difficulties-and more 

 importantly, our long-term strategy to remain competitive in the changing 

 Northwest energy markets. I am confident of our determination to regain 

 Bonneville's fiscal strength and help stabilize the Northwest economy. We will 

 work closely with you and the committee in defining Bonneville's role for the next 

 decade. 



This concludes my statement, I would t>e pleased to address your questions. 



