No offer at this time.

NOTICE OF POTENTIAL SURPLUS ELECTRIC ENERGY FOR SALE

PUD No. 2 of Grant County ("GCPUD") may, from time to time, have surplus electric energy to sell. Available quantities and prices of surplus energy will vary. GCPUD will make such surplus electric energy sales under terms consistent with Bonneville Power Administration's Policy on Determining Net Requirements of Pacific Northwest Utility Customers under Sections 5(b)(1) and 9(c) of the Northwest Power Act.

Information regarding GCPUD'S available surplus electric energy will be made available from time to time on this web page, and will specify quantity, price and other relevant terms and conditions for each offer at the time that such offer is made. In addition, qualified regional buyers that provide an appropriate contact name, email address, and phone number may also receive direct emails regarding such offers. If anyone in your company is interested in receiving such notifications by email, please have that person or persons send an email request to csprouse@gcpud.org or jweddle@gcpud.org .

Bids in response to a specific offer will be subject to GCPUD's credit policy and ADDITIONAL REQUISITE TERMS outlined below. To demonstrate interest, parties must call one of the contact person(s) specified in the offer. If no qualified regional entity accepts an offer made in this manner, as provided in the policy, the surplus electric energy may then be made available for sale to out-of-region entities.

ADDITIONAL REQUISITE TERMS

"[Purchaser] acknowledges and agrees that Public Utility District No. 2 of Grant County, Washington ("Grant") is a municipal utility that is generally exempt from the jurisdiction of the Federal Energy Regulatory Commission ("FERC") pursuant to §201(f) of the Federal Power Act and, therefore, that the terms of this [Power Sale] Agreement, including the price or prices established herein, are not subject to review, approval, or modification by any state or federal regulatory authority. If, however, any court of competent jurisdiction should determine that this [Power Sale] Agreement is subject to any regulatory authority, it is the Parties' intention that, except as otherwise expressly provided, this [Power Sale] Agreement is a fixed rate contract and may be changed only in accordance with the standards established by and under the decisions of the United States Supreme Court in FPC v. Sierra Pacific Power Co., 350 U.S. 348 (1956), and United Gas Pipe Line Co. v. Mobile Gas Service Corp., 350 U.S. 332 (1956).

[Purchaser] further covenants and agrees that any electrical power purchased from Grant pursuant to this agreement shall be used exclusively to serve retail load within the Pacific Northwest Region as defined by the Northwest Electric Power and Conservation Act, P. L. 96-501. Should Purchaser fail to do so, it shall indemnify Grant from and against any costs, expenses, or adverse financial consequences of any type incurred by Grant arising from or related to Purchaser's violation of this covenant."

Should you have any questions regarding the offer or acceptance procedures, please contact Casey Sprouse 509.754.5294, Steve Dietrich 509.754.5011 or Janis Weddle 509.793.1436 to complete transactions or for more information.