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<br />OllfH;97 <br /> <br />. <br /> <br />. <br /> <br /> <br />1970 and about 35 megawatts for the 1970-7l winter totals. In addition <br />to the firm power contracts, there are 19 agreements for sale of nonfirm <br /> <br />energy in force. <br /> <br />Most of the firm contracts are with the preference type-customers which <br /> <br />are guaranteed the delivery of the contract amounts for a period of 20 <br /> <br />years. Five of the customers are nonpreference, such as the Pacific <br /> <br />Power & Light Company, and these contracts are for shorter terms, usually <br /> <br />5 years. At the end of these short terms the contracts may be extended <br />if the available power is not required by preference customers. <br /> <br /> <br />kj All preference customers were recently notified that the Bureau is will- <br /> <br />ing to enter into contracts to supply the customers 1975-76 firm power <br />requirements. Contracts will be offered to the individual customers in <br />the near future in each instance where the customer has a need to extend <br /> <br />his contract to cover the additional power purchases. <br /> <br />Due to heavy sunnner loads in the Southern Division, the preference cus- <br /> <br />tomer market for firm power is presently somewhat higher in the sunnner <br /> <br />than in the winter. The imbalance between sunnner and winter firm loads <br />will phase out as Northern Division loads come up to their share of capa- <br />bility. In the meantime, winter excess capacity will be used for Hoover <br />deficiencies, assistance to other projects, and to permit correction of <br />deficiencies inherent in new units as they are added at Fontenelle, Blue <br />Mesa, Morrow Point, Crystal, and Central Utah. <br /> <br />Power revenues during the fiscal year 1967 approached $l3.4 million, ~ <br /> <br /> <br />new high for a twelve-month period. Cumulative revenues for the 3 1/2 <br /> <br /> <br />5 <br />