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      "text": "Three-dam complex on the Snake River, along Idaho and Oregon border\nOriginal license expired in 2005\nAnnual license renewal since original expiration\nSettlement order received in 2018 approving cost prudency of $216.5M\nCurrently collecting $8.8 million of AFUDC annually as deferred revenues\nIdaho and Oregon filed respective water quality certifications under Section 401 (CWA) in May 2019, clearing a path for FERC consideration\nTwo third party lawsuits against Oregon Department of Environmental Quality challenging Oregon's CWA Section 401 certification based on fish passage, water temperature, and mercury issues associated with the Snake River and the HCC have been settled\nAnnual costs (including AFUDC) to obtain new long-term license likely to range from $35M-$45M until issuance of the license\nIn October 2023, FERC revised the notice of intent to conduct supplemental environmental impact statement (EIS)\nNew 50-year requested license estimated to be issued in 2025 or later\nForecast of relicense-related rate base (as of Feb. 15, 2024): $294 million",
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