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<br />uGS2 <br /> <br />Power <br />- <br /> <br />An average power cost for each acre-foot of water pumped was developed <br />from current monthly power rate charges for irrigation energy provided <br />by electric cooperatives serving the South Platte Valley between Fort <br />Morgan and Julesburg. The average cost per acre-foot pumping from a <br />50-foot depth is $3.99 which represents 125 kWh. The total energy <br />use for 42,600 acre-feet would be 5,700 MWh/year (equivalent to 3,350 <br />barrels of oil annually) with a maximum power demand of 5 ~~. <br /> <br />Economic Analysis <br /> <br />Benefit Determination <br /> <br />The ground-water recharge proposal would be a single purpose irrigation <br />proposal. Some 45,700 acre-feet of water would be made available to <br />irrigators as a result of the ground-water recharge. This amount of <br />water would provide an equivalent full water supply to approximately <br />21,600 acres of land. A new land equivalent method of benefit <br />evaluation was used because of the large area which could be served <br />and the method of service. Wells pumping the ground water could be <br />supplemental to surface supplies or could provide the total supply to <br />a field, thus freeing surface water for use on other fields. This <br />is the same analytical procedure that is utilized for the Narrows <br />Unit. The investment for wells, pumps, and motors as well as their <br />annual operating costs has been included in the "with" condition <br />farm budgets. <br /> <br />Irrigation Benefits Analysis <br /> <br />Farm budgets for the "with" and "without" future situation were prepared <br />and used to determine the irrigation benefits attributable to the <br />proposed development, <br /> <br />Direct irrigation benefits are the increased net farm income that <br />would occur as a result of construction of the ground-water recharge <br />fac i1 i ties, <br /> <br />New water estimated to be available for determination of gross <br />irrigation benefits consists of 45,700 acre-feet available at the <br />fa rms . <br /> <br />52 <br />