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<br />BUSINESS WEEK MAGAZINE,
<br />. .
<br />WHY HOOVER DAM'S 'DIRT-CHEAP' POWER
<br />MAY STAY IN THE HANDS OF A FEW
<br />
<br />ro~ .(H.E. .Il"'"t. rilo" J.M .'{II of il".
<br />dro~lrr'''r pOll~" P"r,d ",,~I,,'a',~
<br />lo~ P'~,,:~ of "'0<'''. /IJ" 9'011 III (tl".
<br />~orl H~'lrfl' A,.,." P"..~. Ad""""'tl!'
<br />t'"I.. r" H(HJ,'f~ ,1:...
<br />
<br />i:.lI~ ~or: of lIdarl'~"l""ltn~ ,"ul,1ld
<br />:..... jll.nl\ ('! t~'~:".Il<t' If I: .. ..,t
<br />~1.e..J .n M''''P:OI'''f''o lIert>H tilt
<br />\~H: S..t.... "'.~. ..< It.. ff'ritr.: po.....,
<br />m,,~.":tr;i' lIf,':f~(,\ Il> 1.:"1''' n. nH1! 11,'\
<br />bo:.htr T/l<' R....~ill ..\~:T.':lI~~.I.vr. al':~
<br />!.t,. ~:.itt-~ o! (lIlifrrnl;o, A',;on;o, ..n~
<br />St'l~lIl1Tt .1<lUI ", rueI', I.n lI.,-ttl"'1tnl
<br />l.h..: ,,-,I~ ron:lIlut 1.0 ttsttlC't tht 1.(I"tt.
<br />m. ~lIll'-S "'t"d:"ooll_' Oll!put I.('IIHut,le,p..:
<br />lInd otr,'t ",:oblte P<i"tr ~YSl.tm~ Ut.:..
<br />lOj7 Tn. .."r~t, J,.T1tt of ti... (.....;"'r-..~
<br />PO"'''' at. ,n~~:::ll.lt nJe I"" ~...I', lI[""UI
<br />tiI, u,rr,. 1I, !tl. pul.>h~ !ystt-m~ hll'.
<br />~r, ?...I';n;:, !o! ~7 ~"..t1. ..nel onl~ :p,..
<br />o! tht "'1.".....lr ruSl af eom~tr~s...lh
<br />i'n'r..:t~ t;'etnrl!~ 'T. Iht ,...:')[1 .
<br />E:.r:,:el:" !'I'I"!', II't C.l.rr,. ...hld. S:~..~
<br />riiH :ht('(l'ic.r-.dt. ?llttai",nt:tI'.t .0\,,:,.
<br />n1l8t'lI1;o botdt' ":S c:r,-<h":i:l )X'....
<br />t~-UllI:' all !.t.tte'~ 10 11.." SilI"S Re>r.:Jid
<br />K. Gr~nn..![lr.. '" ,r_"J us:sa',t ..dmm.
<br />ISlralO, Th, :'itne~' S d'tn~,-...hc
<br />s'r'\e llJ mill,,,,. eonsumt'n-lITf pl,Utd
<br />"For the nt~I3(\Yta~_ tilt pttStT,t Hoo-
<br />\tr DlIm CIlSt.o~,tn ""Ill UlO'" eurth
<br />...hu tMy 1rt fttCO.. GO<! ..nd ...nt!".t't
<br />~tml:l'n,,:' u~.~ Ed.....rd WtmOt".
<br />...hOSt!iI...fu-mo!Dl.ln~.Wt'ln~'r.t
<br />M,l;" 'tp!"t'StnU pl.lbltc po...tr syu~ms
<br />lII};tV'"..a...
<br />o...TOtO.l\ooO~Notsu!,?r.sing1y.tllt
<br />du1l"l1nkies th. "glon's r.lIu..nou 5<1.n
<br />Diege G:u. &:. E1pctnt Co., fer :nst..:lnC't,
<br />bUYI I.t.o~t r,lIl! IU tlt'f:nelt). ,upplits
<br />frem ot.'ltr ut:ht:u. 10 0"''' gtntn.t:~;;:
<br />l:'OSuate201J:ntS ~i:T~..IU lheC'Ostof
<br />HOO,trpo....fT.lIndlUI"t't.i:ll"lI~llg(
<br />pet k....h, Dr Ulo ~3 ptr mentll fer tilt
<br />1v,n.gthomt'O...r.tr-l.!'amongtilehl~h.
<br />t~t ltt tilt r:lItJon )'t: 1 ftd,r.l pre!tr.
<br />t'net srl~m tllat p~t.< mOlt m"ul0,.
<br />0"''Tlt-d ~t:!l1Jt! b: wh~'1d publit sysl.t'ms
<br />hu tl'!f'ttt\tl~' fro%tn Ol,ll &in DIf~o
<br />Gilt and o:..nel"'l '_'1..t ..,,, !lO1 bll~lnr
<br />HUD"" po"''' from th, sur. "wt fftl
<br />tr.lIll:Jo-U."'~lIlltl'J.olrt d Hoo'.fT"'u
<br />flr:lortd "'1:n fed..r..l :.o..o.tt, ...t ShOUlD
<br />boo 101. t.o f'~: som~ of thlll-'O"tr" tom
<br />pill!l\< \'It,,,Prnoe,t.t _o\lt.on T ::JlIn..
<br />En\'lror.:'I',ntlol'sll. me:.n...htl. u;
<br />~I'..l n,alt,:.a:nmj:' ... ,..,., bU,:"lIlT n:.:-.
<br />"11i onl\ ,!,to\ltllr. 10MU:Tl~.tI,'rt-..n":
<br />tll.. f...t~~ w~!;:.., ,n:" ..r.ntr...,.u:. t"n.
<br />
<br />
<br />..0" [~ f1<O"" 1100\[1 D."" 1\ ~~D..t ) ~....
<br />('If tHE 1'!l.t((OFClTHE' LOCol U'I'Hl[lU
<br />I~wunoff(<ssiHIJ..:orn'Jc1nr'"tnfT'
<br />atmi' pl..n!< ..r,tr. dt1T,I.!\d ouu:.nrs
<br />Ho<"tr ~ su"J.o:~'. '"l"nc!trprleln. of H(.,..
<br />I..t DlIm's j.IO..."." ilI~'1 Thom:u. J.
<br />Gn:'!. ..n Ennror.mtntal D<!hllH fund
<br />u:.ornt~.. .....-ill lu,d ttI a _'~U' of tn",.
<br />I;Y" .~dd.! Ptl.t'r f. C(l"'ht~-. 1 polma.1
<br />lel,n::!t lit tile CmVtt'Sln' of c.!lfem:.a
<br />1tS..,.Ditrollnd1m'rn~rofl.."'teilY'S
<br />E.,err.- Adnsol') 60U'd: '"Tht ff'CI,nJ
<br />i:o\'ernment IS Uncltnnlnrng tht gn""'1:h
<br />of ~ ntJOu1 itltet'St.i:r PO""" srStl:m by
<br />c!;SI.Ot"'..ng tilt ~m'n. srsttm."
<br />OppontnH of tht Moo\.or po"""
<br />lIg-:Mmett 11~ eh.lTj:t thlll tlle ff'CI,~1
<br />iO"Hnmtlll IS shottdang.ng IUtlf
<br />"Whit tilfY lhuuld h~I't dOM IS to o!!u
<br />tr,t PO"'t' on ~n open.i),ddmg bUll."
<br />un Co...ht\. Indff'd. tilt' dli'ttl'tntt' ~
<br />t\Io'"n Hoo\r,', tu","ntUllinl:" C'OSu and
<br />
<br />The ne'i\' conUJ("."1
<br />wm keep the
<br />J\'er3g~ base price
<br />of Hco\'t:r power Jt
<br />19r poces unu1201-
<br />
<br />15
<br />
<br />4/16/84
<br />
<br />tOt"t'.lr,tTCI..II"IU'o.."J:at"t>O"r.lIO.t7cl'
<br />l.vn tlt't\IotrT. l!i~';.n<! :~: 1.011' s..',
<br />..::.orn,\' Gn.:'! Bu: 1I:' l."nIN.:~ IOni;;';,.
<br />1\- l.O cX-n.:r btu.<. HV".t~ po...... I,
<br />i.~l'l~ !..T l.OO \lhl..b1. U' 'J rr~'~I:
<br />C"l\~U:n'!'1"l hH !.I.ter O:':'1'.it.:. l&ojn"n
<br />1~'.rlIHlT o! tht ...,ll{>:'\1 J'o"..r-\~~~,:'r.::-
<br />''[It-p.-ncit:'lN or. tilLi tntrj:":. h." I+<'
<br />~a.bj:~i':,d u"tt W ~tatt iI' uh I~
<br />i".lI\- from O,,~ ell<:'O~.~ 1r.C' ;,1''- " :.:
<br />lIno:hT-:,t..t "'t<u;c tit io r.... r..~:"
<br />SlMt '1 ..a.' ro~",;..vc I:' !!']: tl'
<br />CUll hu pro\'ld..c tiI, tlf'(':~.c.:., fr~
<br />:r,~CI; of tllt S.OI,\:)O..Ut'S "'o)......~,_ Ar.:
<br />HU',\tr (Ul':Lmtl"l _hrs.. .;,..I....~ :'lJ:,.
<br />tt.rUo Nn Ol:t If.' J!:r;!:". 1I.' ~,ihn. I.)
<br />!,,.n: flIT mor. o! !.t.t ctln,. 1\0;';:';'"
<br />('pl-n ".ior.lt~ lICl'J.I.II.' bto.~ ..1/: ... nt~
<br />tr.t Er.e,;-.' Ot;!: s:Jt:'j:'.n,d 1:'. 1!l7';1Ir.a:
<br />HVOJ\tr po...ft r.- alloeat..td IT, Ir.~ !~:"r.
<br />lI' I: 1~"'lIH ~.a.d ~rl-!"'()>:'I:':; t..~ C..;.
<br />1!0tr.1.. lIn.d !.t,.. T't'H 1.(1 ~'t o:~,.r !'l..1:t!
<br />Tht b~:tJ.. tndHl up III !r-t!tr..l d:~:r:rl
<br />Cfl::rt IT. Li~ \'tp... In 19~:! };",I"ati.. ~nc!
<br />.\.r::'>!:1I sut'd '" \.P~ ..~C h. '170~ 'l11',l'r
<br />..;t.'el'~. ucn dt:T.lInditlil O'.t tl'ard ,,~
<br />H(o(I\ft ~ ClI;.:aell). ~lIlel' t!,..~.. tcmr"'1"!
<br />h~\.e t(JOlt<!. .~n oUl<lf<oun dt..1 Wll.~
<br />Itn.:rl Ias: ~ar !Q110_1." "lll(/nth~ c,~
<br />n",no:Utnlot IltrO~tlO:l:' s.a:d 5tl.lItor
<br />ChIt H,d.t IRSt\,1 shcrth- lIf:.e, thf
<br />j pa.ct "'U mlldt SiJ. momhf pnt.r. h,
<br />,1dcl'<!.. '" 'l:'ou;d ~ot r..lVt t>tlltlto :h..t
<br />. tilt It.lItes of ~,,-lIli... .Uuonll.. anc! Call-
<br />forn~eouldl.gtr'ton...hlldJ.~Clonll\t
<br />SlUllotts o~e! Hoo~ft DlIln:'
<br />~TheaiT't'frntntri\'esC11;.
<br />fOt:l.llltsor.g'Lll.l.lI.!IOQ.':Ionoftlf'ttl"le.
<br />It). ""th ow, rn!t.omt\"5 ieCW\g JUS!
<br />o\'r taU of tht 7:le oM... of t~tn PO"tt
<br />t."ut-ill~ultfrv.nIUOSmil1lonrnlod.
<br />el"ll::.llDOn pl"tlgnm due to bt "Omplttt-<!
<br />ltt 19:i.. So.... tht LfTt'tm,nt hu ~m'
<br />p1!'tof 1 bij] btfott Con~~ tr,lI! ""ill
<br />tt"Tll.t th, Ot'lgm.l~ 1937 pa....l', COil'
<br />tTltl'U, The bill. _tueb is ~lr." PU$t...,j by
<br />tl', SLll !t!l.lloQl"l!-rom <Alilorn:.lo_ l't'I'
<br />lilI. L'Id A.n.:.or.1. is Lh!~' t.o put .hor"j\.
<br />Th,tt IS IUI ocli.itlr h:~h hO"'-f\.ft Th.
<br />po..'ft "n.Iem,nt b~n 'on til, le"s!a
<br />DOn t>t.,,;: F~ ,ucth U It IS no"
<br />"~n Ifli'.'lT><'uu'?~rh:sn~r-d lilt
<br />out-o!-<ourt dnl rould fil! IIp:sr.. 'tlt.n~'
<br />otrlh}'~if'CT.nch'_for...l\.
<br />C/lciH ~:'m' of t.~, I.~t",'nl. ~"t.
<br />lI'-tllr' OU, pnaoot HOO'tT pt>"'''r ".:,
<br />T't'lTllll'\ It 03c ptr lr_h. 11t."C'lJtn ~ur
<br />chllTt:t's ItHt'dlQp.Hfe'Ir".-a1"a:tr
<br />pro~u ..,11 nl$, 1.1':, lI'tnl:~ f". tM'
<br />tU';.)"""I"ll,(\ r1o:<- 1.(IO,!,c St,:l HlI('\.:
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