106 



32 



Capital Investment 



Question 1 : The amount of the BPA capital investment budget per year from FY 1980 to 



FY 1993 and proposed budget for FY 1994 with a breakdown of expenditures 

 by function per year. 



Answer: Please refer to the Table 1 provided in the answer to Question 1 of the 



Operations section for the data requested. 



Question 2: It is my understanding that BPA is currently considering a number of proposals 



for customer ci^ital financing of conservation activities. Please describe each 

 of these proposals, including the amount and terms and conditions of such 

 financing, and the amount of energy that would be saved. Does BPA plan to 

 utilize these proposals to reduce its dependence on Treasury borrowing? 



Answer: BPA may utilize certain conservation proposals to reduce its dependence on 



Treasury borrowing. Currently, proposals from various utilities are being 

 evaluated for conservation program cost-efifectiveness for the amount of 

 conservation savings proposed. There are presently seven 

 utilities/organizations with proposals in various stages of development that 

 have the potential for customer capital financing of conservation activities. 

 They include Tacoma Public Utility District (PUD), Seattle City Light, Grant 

 PUD, Emerald PUD, Eugene Water and Electric Board (EWEB), 

 Conservation and Renewable Energy System (CARES), and Oregon Municipal 

 Electric Utilities (OMEU). Preliminary estimates of proposed conservation 

 programs, for BPA's Fiscal Years 1994-95 only, are identified below. 



Because the exact terms and conditions, and feasibility of each financing is not 

 clearly defined at this point, the budget still assumes that these investments 

 would be financed through Treasury borrowing. However, discussions are 



