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<br />. <br /> <br />. <br /> <br />and Flaming Gorge should be amortized over a reasonable <br />period instead of in the year it occurs. The extra- <br />ordinary O&M expenses at Flaming Gorge and Glen Canyon <br />for FY 1979 totaled $800,000. Amortizing this cost over <br />several years would have no effect on the power rate if <br />the project interest rate were used. If the current <br />interest rate were used, the power rate would be <br />increased slightly. Based on the above, no change was <br />made in the study. <br /> <br />10. Present status of CRSP Repayment <br /> <br />Some customers stated that the CRSP is $87 million ahead <br />of its required repayment of Federal investment. The <br />$87 million is the total amount through FY 1977 that <br />has been applied to repayment of storage units invest- <br />ment costs allocated to power. Based on CRSP repayment <br />criteria and power repayment study technology, repayment <br />of Federal investment is behind instead of ahead of <br />schedule. <br /> <br />11. Alternative power rates and conservation <br /> <br />Some customers stated that the rate study implies that <br />the rate is being increased because of conservation <br />desires or to bring it closer to alternative rates. <br />Western would like to reiterate that, as stated in the <br />April 1979 rate brochure, in presentations at forums, <br />and in all written and verbal answers to questions, <br />Western did not indicate nor intend to imply that the <br />rate increase determination was in any way influenced <br />by alternative power rates or conservation desires. <br /> <br />12. Unbui1t projects <br /> <br />Some customers questioned whether the benefits of <br />unbui1t projects would exceed the costs and/or outweigh <br />the environmental consequences. <br /> <br />All authorized unbui1t projects have had benefit-cost <br />analyses indicating that the benefits exceed the costs. <br />Shortly before construction begins, new benefit-cost <br />analyses and environmental impact statements will be <br />made, based on the final plan adopted. It is not <br />possible at this time to accurately predict what the <br />final results will be. <br /> <br />8 <br /> <br />