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<br />tr <br />CJ:> <br />C''''~ <br />C" <br /> <br />c <br /> <br />..,.. <br /> <br />u compute" :f'1'OlII two points of view: <br /> <br />a} Arter study by the Bureau of Recl8lllstion the rates 'il'ere <br /> <br />made IIppronmetely equal to those for the most fllVorable <br /> <br />alternative method 01' generpting energy - in oil or p;as-- <br /> <br />fired lltell7l1 plants at tidewater near to!! "'np,elee, close <br /> <br />to the great er part of the proepective load. <br /> <br />b) Since the rates l1lUet prudently asenre repayment of the <br /> <br />cost of Boulder Dam, /ill well es cost of its operation and <br /> <br />maintenance, the Seoretary made such provision in the <br /> <br />revenue oontracts that if one of th" three lJincipel <br /> <br />contractors for t11'1ll energy Mould det'eult, r~enuee f:rom <br /> <br />the other contractors would provide funds ~or the necessary <br /> <br />payments. That lIUeh p:t'!.lllent 1'in811oing was anticipated by <br /> <br />the Congress, the Act plo1nly MOWS, sinee it provi/les for the <br /> <br />dlspOe81 or ".'I"!llue !'6'Tenuell. I'luch nrovision 1" no more <br /> <br />then allY sound.ly conducted private enterprhe would try to <br /> <br />provide for 8 81milar undertaking. <br /> <br />The three principlll oontr>,ctors for energy, with l'lOllle <br /> <br />description of their ~sten end service are <br /> <br />l} The Los ~e1es Bureau of Power p.nd Li!,:ht, " division of <br />the Depar':ment or Water and Power. 'I'tte Depal'tmant 1l!l the eole agency <br /> <br />euppJ,ying dOllut1c water to the city, and the 8l1bsidiary bureau is <br /> <br />practically the eole agency IlUJ'lplying electricel energy. Neither seNes <br /> <br /> <br />much o'li.te1de territory. In 1938, the Bureau ot' Power ani! Light had the <br /> <br />fallowing plant. <br /> <br />Total genereting capacity <br />stell7l1 plante... Aleml'da Street <br />Seal. Beech' <br />Totlll et 81llll plant s <br /> <br />627,6'32 KVA <br /> <br />78,1:.>5 'KV A <br />81.250 It <br />159,P5 .. <br /> <br />a,dro plsnts ... Beverly HUla <br />No. Hollywood <br />san Fernando <br /> <br />2.500 <br />3,600 <br />7.000 <br /> <br />It <br />.. <br />It <br />