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<br />generating agencies." The delegation order further stated that FERC shall reject the <br /> <br /> <br />PMA decisions" . only if the Commission finds them to be arbitrary, capricious, <br /> <br /> <br />or in violation of the law." The delegation order therefore seems to preserve PMA <br /> <br /> <br />Administrators' prerogative to use power repayment studies and where appropriate, the <br /> <br /> <br />ultimate development concept, as a basis for rate-setting. <br /> <br />Shortly thereafter, FERC Secretary Kenneth F. Plumb issued an order <br /> <br /> <br />"Accepting Settlement and Confirming and Approving Substitution Rates" for the sale <br /> <br /> <br />of hydroelectric power from the Colorado River Storage Project (Federal Register, <br /> <br /> <br />Vol. 48, No. 247, December 22, 1983, p. 56638). This order specified that" . . . <br /> <br /> <br />commencing with the next revision of the Colorado River Storage Project rates, the <br /> <br /> <br />power repayment study will include all authorized CRSP participating projects, but <br /> <br /> <br />that the projects or any separable features which are in an indefinite status, with <br /> <br /> <br />certain exceptions, will be scheduled such that they do not affect the rates." This <br /> <br /> <br />order also seems to confirm use of the ultimate development concept in establishing <br /> <br /> <br />project power rates. <br /> <br />-14- <br />