Laserfiche WebLink
<br />run with this information replacing the 1986 estimates, so that the rate <br />submitted for approval will be based on a study with actual 1986 data. Under <br />integration, CRSP will purchase power from Rio Grande and Collbran projects for <br />an amount equal to the revenue needs established by the PRS for each project. <br />The integrated project PRS will set the rate needed to recover the amount <br />purchased plus the repayment obligation of CRSP. <br /> <br />B. Results of FY 1985 Repayment Studies. <br /> <br />The 1985 CRSP Power Repayment Study showed that an increase from 9.92 <br />mills to 10.30 mills per kWh would be necessary. However examination showed <br />that the rate was driven by costs of the Animas-La Plata project, which was <br />being reformulated by the Bureau of Reclamation. <br /> <br />These costs were initially scheduled to come in from 2048 to 2053. By <br />moving them to the 2053 to 2060 period we were able to show that a rate <br />increase was not necessary. Animas-La Plata costs are currently being revised <br />by the Bureau of Reclamation. The proposed 30-year straight line amortization <br />of that project's investment was not used in this study. <br /> <br />The FY 1985 Collbran PRS showed that a rate of 21.8 mills per kWh was <br />needed to meet the revenue requirements. This rate became effective with the <br />July 1986 billing period. <br /> <br />The FY 1985 Rio Grande Project PRS showed a need for a rate increase to <br />37.32 mills per kWh. This rate is expected to become effective with the April <br />1987 billing period. <br /> <br />The 1985 Salt Lake City Integrated Projects PRS: The current and revised <br />PRS as required by DOE Order RA 6120.2 does not apply since this is a new <br />study. The framework for the study is the CRSP PRS with the elements added as <br />shown in the following table. <br /> <br /> TABLE 1 <br />CRSP COLLBRAN RIO GRANDE <br />COLUMN + COLUMN + COLUMN <br /># # # <br />6 4 5 <br />8 5 6 <br />11 * * <br />25 12 18 <br /> <br />INTEGRATED <br />= COLUMN <br /># <br /> <br />6 <br />8 <br />11 <br />25 <br /> <br />* Added to the capacity of CRSP shown in column lIon the CRSP study is the <br />capacity of the Collbran and Rio Grande Projects of 14,000 kW and 25,000 kW <br />respectively. <br /> <br />Copies of the Executive Summaries of the Integrated, CRSP, Collbran, and <br />Rio Grande studies are attached. <br /> <br />5 <br />