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<br />GOLORADO RIVER STORAGE PROJECT
<br />
<br />Twenty-five p:otential participating projects were given priority
<br />for the completlQn of planning reports by the initial authorizing act
<br />of 1956. The~avajo Indian ilTlgation project and the San Juan-
<br />Chama project \j'hich were included in the above category are now
<br />u'.lder pQnstrl1p,t\<i>I1,as(al1tl)orized bythe"llCt of June 13, 1962,,''8.ost-
<br />wICk p~!<, F!mtli\llq Mesa, i\lld Savery-Pot Hook were authorIZed
<br />as partlClpatmgl proJectS' by the act of September 2, 1964. The
<br />definite plan repprt on Bostwic\< J'ark was. completed and approved
<br />by the Commis$ioner of Reclamation on March 1 1966, i\lld the
<br />project is now under construction. Fltvorable feasibility reports have
<br />been completed on the Animas-La .Plata, Dolores, Dallas Creek, San
<br />Miguel, aI)d W ~st Divide Projects. A feasibility report is nearing,
<br />completion on B~ttlement Mesa project.
<br />'The first commercial power of the Colorado River storage project
<br />was produced at the Flaming Gorge Dam on November 11, 1963;
<br />The last of thre~ generators at Flaming Gorge Dam was placed ill
<br />service on Febn/ary 12, 1964. The Glen Canyon powerplant com-
<br />menced operation on September 4, 1964,and the last of its eight
<br />generators began to produce commercial power on February 28, 1966.
<br />Power revenues were $502,389', $6,809,318, and $12,404,568 in fiscal
<br />years 1964, 1965-; and 1966 respectively. '
<br />Section 6 of the authorizing act stipulated that, on January 1 of
<br />each year, the Secretary of the Interior shall report to Congress for
<br />the previous' fisc~l year- ' ,
<br />. ' (1) Status of revenues from; and
<br />, (2) Cost I of constructing, operating and maintaining .the
<br />, Colorado 'RIver storage project and participating projects (here-
<br />inafter refe~redto as the "projMt").
<br />The report is to be 'prepared so -as to reflect accurately the-
<br />(3) Federal investment allocated at that time to power, to
<br />irrigation, a(nd to other purposes;. . . '.
<br />(4)' Progress ofreturll and repayment thereon; and
<br />. (5) E~t,matedrateofprogress, year by year, in accomplishing
<br />full repay-mlmt. ." . .
<br />Due ,to the hncertainties associated with ultimate construction
<br />costs, watef'supply, power marketing, and'M. & 1. water sales, this
<br />10th annual report is restricted prim,;"ily to construction cost and
<br />p~()gress to JUIl~ '30, 196.6,. and only)imited commeilts are furnished
<br />With respect .to theTemammg repo,"t- Items. .
<br />
<br />L STATUS' OF REVENUES
<br />
<br />The sale of 'power from the Flaming Gorge and Glen Canyon
<br />powerplants pushed cumulative revenues past the $10 million mark
<br />m December,)9M, and monthly revenues exceeded $1 million in May
<br />an4 June of 1~66.. Moststo~age project customers supplemented
<br />therr power sal~scontracts to mcrease and extend contract 'rates of
<br />delivery to equitl estimated 1970.;.71 power requirements.. PoWer is
<br />being marketedJin regions 3, 4, 5, and 7, which includes the States
<br />of Colorado, U~ah,Wyoming, .New Mexico, Arizona', and parts of
<br />California and Nevada. As of June 30 1966,a ,total of 86 customers
<br />were under contract, representing a total of 862,748 kilowatts for the
<br />1970 summer season and 625,872 kilowatts for the 1970-71 winter
<br />season.
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