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Power Repayment Study r -- - ~I':I"! ," - .." ~lrj~~:...;o.;. c ~.Jh......~,"\", ,ii: ~ a '""- -..L- -' . '."1""" , "" . ~>t"."." '''>1-. ,,'" ;> Results of the power repayment study tor fiscal year 1981 are depicted in the graph on page 35. Estimated annual power revenues are shown together with their application. Total revenues fOf the period shown exceed $7.3 billion. Alter repay- ment of about $1.6 billion fOf the D')w8r investment and replacements and $495 million for interest. power revenues should be suffiCient to repay about SS6 million in irogallon costs and provide around $2_3 billion tor assistance In re- payment of participating prOjects. FOllowmg are explanatory nOles on the terms used on the graph. Copies of the power repayment study in a highly de. tailed form can be obtamed upon request. Annual Operating Expenses Annual costs of power D&M, salinity control. wheeling and other costs. Energy PurChases Annual costs of purchases for flrmmg energy for fuel conservation and for energy to replace the defiCiency in Hoover Dam Powerplant generation caused by storage prOlect operations. In past years. energy purchases for fuel conservation 3A --, r ~ -. , CiI;I" are shown as energy purchase expenses and the revenues from energy sales lor fuel conservation are included in the gross revenues. In future years only the net revenue tram energy purchases for fuel conservallon was prOjected Replacements Payments made on power replacements With the highest interest.bearmg com. ponent (whether replacements or other power Investments} being paid Ilrst. Power Interest Payments Annual Interest on the unpaid power Investment. Power Principal Payments Payments made on the power Investment With the highest interest.bearlng com. ponent (whether power investment or replacement) bemg paid Itrst Storage Unit Irrigation Principal Payments Power revenues which are applied toward payment 01 the migatlon allocatIon ot the storage Units. Their revenues repay the major portion (about 586 million or 82 percent) of each cost with the remainder (about $18 million, or 18 percent) bemg repaid from M&I ,,",'ater revenues . "'V1"::'II<" ",.I""r. ~ r: -. - f' ,..... ,,,. '\"1'.' Power Revenues Available lor Irrigation Assistance to Participating Projects Power revenues available after the above COSIS have been paid. the amount of which will be about $2.312 million through year 2070 A lesser amount (about $18 m.lllon or 1 percent of the total available) Wtlt also be avaIlable from M&I water revenues. Tolal AnnuaJ Power Revenues Annual revenues obtained from energy and capaCIty sales. wheeling tor others, rental of substation faCtli!les 10 others, reimbursement by the Lower BaSin for energy purchased by the GASP 10 replace the deficiency In Hoover Dam Powerplant generation, and miscellaneous revenues. In the study, the firm power rate of $1.65 per k.llowall.month and 4.0 mitts per kilowatt,hour was assumed to increase to $2.19 per kllowalt-month and 52 mills per k.ilowatt.hour beginning With fiscal year 1982, in order to meet repayment reqUire. ments. I j l I J