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The project is referred to as a "Chip Pre-Treatment Interstage Screen Project." Executives from Weyerhaeuser, Nippon Paper Industries, Cowlitz County Public Utility District, and the Bonneville Power Administration (BPA) will gather today at the North Pacific Paper Corporation (NORPAC) facility to celebrate the largest industrial energy efficiency project in BPA history and one of the largest energy efficiency projects in the United States to date. When complete, the project is expected to save 100,000,000 kilowatt-hours per year. The first phase of the project was completed in June 2011 and the second and final phase is expected to be completed in the first quarter of 2013. BPA will fund about $21 million and Cowlitz County PUD will contribute up to an additional $3.9 million towards the project. The money contributed by both BPA and Cowlitz comes from their respective conservation funds, which provide financial incentives to their customers for the development and installation of electrical energy savings projects. NORPAC is funding the remaining $35 million of the $60 million project.