Laserfiche WebLink
<br />continuing to the present, the project has had a repayment deficit mainly <br />due to a continuing shortage of water supply for generation. <br /> <br />The project power system was des igned to operate year-round; how- <br />ever, due to the low water since 1950, generation has been confined to <br />about eight months a year, from February through September. In the mid <br />1960 I s Colorado River Storage Project (CRSP) power became ava i 1 ab 1 e for <br />sale in New Mexico. Joint RGP and CRSP power-sales contracts were nego- <br />t i ated with the RGP preference customers and backup agreement s between <br />the project s were made. As a resu 1 t of these agreements, RGP power has <br />been firmed up by CRSP power during the summer season. This has made it <br />possible for RGP to sell 24 MW of power at firm rates, compared to <br />roughly 13 MW previously. <br /> <br />IV. HISTORY OF POWER RATES <br /> <br />For conven i ence in com par i ng rates, the compos ite r ate under each <br />of the following rate schedules is based on a load factor of 58.2 <br />percent. <br /> <br />The initial power produced by the RGP was marketed under a block <br />type rate schedule. The composite rate was 7.12 mills/kWh for a load of <br />3,000 kW under this rate schedule, designated R5-F1, in effect from 1940 <br />to 1949. The demand and energy components of tne rate were as follows: <br /> <br />Demand Ch arge: <br />$1.25 per kW-month. <br /> <br />Energy Charge: <br /> <br />First 50,000 kWh @ 8 mills/kWh. <br />Next 50,000 kWh @ 6 mills/kWh. <br />Next 200,000 kWh @ 5 mills/kWh. <br />Next 700,000 kWh @ 4 mills/kWh. <br />Over 1,000,000 kWh @ 3 mills/kWh. <br /> <br />Minimum Bill: <br /> <br />$1.25 per kW-month at Contract Rate of Delivery. <br /> <br />A rate adj ustment was approved in 1949 based on Fi sca 1 Year 1947 <br />repayment studies. This new rate schedule was in effect from May 1, 1949 <br />to April 1, 1974. This schedule was designated R5-F2 with a composite <br />rate of 6,64 mills/kWh. The components of the rate were as follows: <br /> <br />Demand Charge: <br /> <br />$1.00 per kW-month. <br /> <br />, ~ <br />c., ':.llIH U <br /> <br />7 <br />