Laserfiche WebLink
<br />and the principle of yardstick competition. In <br />November of 1983, the Senate Committee on <br /> <br />, <br />Environment and Public Works issued a report which <br />endorses the continued vitality of preference in <br />the context of non-Federal cost sharing in the <br />construction of Federal water and power projects: <br /> <br />This section reaffinns long-established <br />policies governing the marketing of <br />hydroelectric power developed at Federal <br />projects. Preference in the marketing of <br />such power is given to publiC power systems <br />and rural electric cooperatives. The power <br />shall be marketed at uniform,. area-wide rates <br /> <br />. <br />with delivery to purchasers at load centers. <br />Rates are established on a cost basis. <br /> <br />Preference to consumer-owned electric <br /> <br />utilities in the use of the output of Federal <br />projects is a concept which dates back <br />three-quarters of a century, and has been <br />reiterated in more than 30 statutes. Excess <br /> <br />electric power generated by Federal projects <br />is sold to;State and local governmental <br />entities and to private, non-profit <br />organizations, when those groups are able and <br />willing to. purchase the electricity. To the <br /> <br />24 <br />