2026-03388Notice

Central Valley Power Funds Habitat Work Unchanged

Published Date: 2/20/2026

Notice

Summary

Starting April 1, 2026, the Western Area Power Administration’s Sierra Nevada region will keep collecting money from Central Valley Project power contractors to help restore and improve environmental habitats. The rules for collecting these payments stay the same but are updated to remove old references. This ensures funds keep flowing smoothly to protect nature while power contractors continue their support.

Analyzed Economic Effects

6 provisions identified: 1 benefits, 4 costs, 1 mixed.

Collections Effective April 1, 2026

Starting on the first full billing period on or after April 1, 2026, the Western Area Power Administration — Sierra Nevada Region will collect Restoration Payments from Central Valley Project (CVP) Power Contractors under the confirmed procedures. The procedures from the 2003 notice remain in effect (republished for administrative reasons) and will continue until superseded.

Allocation Based on Base Resource Percentage

Each fiscal year, WAPA-SN will allocate the Power Restoration Payment Obligation among CVP Power Contractors based on their assigned Base Resource percentage in their power contracts. Each contractor's annual obligation is divided by twelve months and billed equally over the fiscal year.

Late Charge: 0.05% Per Day

If a Restoration Payment is delinquent, WAPA-SN will assess a late payment charge of 0.05% of the unpaid principal for each day the payment is delinquent. Payments received are applied first to late charges and then to principal.

Annual True-Up: August Balloon Payments or Credits

WAPA-SN will perform an annual reconciliation (true-up) tracking exchange energy for July–June service months and will add a balloon charge on August bills for contractors who received exchange energy above their contractual Base Resource percentage. Contractors who provided exchange energy will receive an offsetting credit on their August bills.

First Preference Customers May Be Excluded

WAPA-SN identified that Trinity River Division (TRD) and New Melones projects provide environmental benefits that support CVPIA; as a result, WAPA-SN may exclude Restoration Fund collections from First Preference (FP) customers within the affected areas tied to those projects.

Monthly Billing and 20-Day Due Date

Each CVP Power Contractor will receive a monthly Restoration Fund bill on or about the 25th (but no later than the last day of the month). Payments are due before close of business 20 calendar days after each bill is issued, or the next business day if that falls on a weekend or federal holiday.

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Key Dates

Published Date
Effective Date
2/20/2026
4/1/2026

Department and Agencies

Department
Independent Agency
Agency
Energy Department
Western Area Power Administration
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