Clarification on Financial Requirement #2 – Demonstration of Ability to Pay for Hoover Power

Clarification on Financial Requirement (2) Demonstration of Ability to Pay for Hoover Power:

(2)        If the Customer does not hold an existing Power Sales Contract with the Authority, and the Customer has a record of billing payments with a power supplier, then the Customer must provide the Authority evidence that the Customer has timely paid its bills to a power supplier for all months (to-date) in 2016.  To satisfy this requirement, the Authority will accept a letter from the Customer’s power supplier indicating the Customer has a history of timely payment, or copies of utility bills for all months (to-date) in 2016 showing timely payment, or a similar form of proof.  The Customer should submit this documentation as soon as possible, but no later than August 31, 2016.

Draft Policy on Reallocation – Alternatives 1 & 2

Attached are two alternatives for a proposed Policy on Reallocation of Hoover Capacity and Hoover Energy.  Please submit any comments you have on the two alternatives by July 15, 2016 to post2017process@powerauthority.org.

The Arizona Power Authority Commission will consider these alternatives and possible adoption of a policy at its Commission meeting on July 19, 2016.

DRAFT Hoover Power Reallocation Policy – Alternative 1

DRAFT Hoover Power Reallocation Policy – Alternative 2

If you have any questions, please do not hesitate to contact John Underhill at 602-368-4265.