The resolution of these matters allows PNC to continue its focus on producing high quality newsprint and providing jobs to approximately 140 employees in the region. The PUD can likewise focus on its hydroelectric dam improvement project and serving its customers.
The agreement also promotes future collaboration between PNC and the PUD by providing PNC with long-term energy cost incentives and the PUD with support for marketing its power resources to additional consumers.
“We are happy to have resolved the ligation on mutually agreeable terms and look forward to a stronger working relationship with the District,” said Myron Johnson, PNC’s general manager.
The PUD’s general manager, Colin Willenbrock, is also pleased that the litigation has concluded. “This conclusion helps keep the PUD’s largest customer operating in the County and allows the PUD to make decisions that will ensure the rest of the general service customers continue to receive power at the lowest possible cost.”
“I’m very pleased with the outcome,” said Dan Peterson, the PUD’s Board President. “This is a reasonable win-win for everyone.”
