Summary:
The formula rates for the Upper Great Plains (UGP) region's Pick-Sloan Missouri Basin Program (P-SMBP)--Eastern Division (ED) firm power service, firm peaking power service, and sale of surplus products have been confirmed, approved, and placed into effect on an interim basis (Provisional Formula Rates). These new formula rates replace the existing formula rates for these services under Rate Schedules P-SED- F14, Firm Power Service; P-SED-FP14, Firm Peaking Power Service; and P- SED-M2, Sale of Surplus Products, which expire on December 31, 2027. The P-SMBP--ED firm power service composite rate is increasing over a 2-year period with a 7.5 percent increase on January 1, 2025, and an additional 6.2 percent increase on January 1, 2026. There are no changes to the formula rate for sale of surplus products.