Laserfiche WebLink
<br />Total annual benefits <br /> <br />Total <br />$2~283~MO <br /> <br />1.323,100 <br /> <br />$3~606~500 <br /> <br />Taxes <br />included <br />~,531~100 <br /> <br /> <br />- ...... "1' ,- <br />. ."\ <br />~I \." <br /> <br />Power <br /> <br />Recently published studies by the Federal Power Commission <br />on alternative costs of steam power in market areas of the Upper <br />Colorado River Storage Project were used to evaluate power benefits. <br />One of the subareas included in the Federal Power Commission's data <br />covered southeastern Colorado which will be the principal market <br />area for electric energy from the Fryingpan-Arkansas Project. <br /> <br />In the absence of the project, it was assumed that the <br />make-up of future power supplies in southeastern Colorado would <br />consist of a combination of private, local public, and Federal <br />developments. Colorado Springs and other municipalities in the <br />area already have municipal power systems. There is some federally <br />financed generating capacity in the area resulting from the REA <br />program. Analysis of the pattern of the existing supply indicates <br />that approximately 30 percent would be private development; 60 <br />percent, local public; and 10 percent, Federal. <br /> <br />Capacity values in the alternative cost studies vary <br />for each of the components as they reflect differences in costs <br />of financing, taxes, and other fixed charges. The total costs <br />per kilowatt of dependable capacity at load center for these <br />components are approximately $33.00 for private steam plants, <br />~~15.50 for Federal plants, and $19.00 for local public plants. <br />The weighted average cost is ~~22. 79 per kilowatt. The incremental <br />cost of energy generation and its transmission to load center was <br />calculated at 2.82 mills per kilowatt-hour regardless of the type <br />of financing. <br /> <br />The dependable capacity of the project hydroelectric <br />system is estimated at 100~200 kilowatts at approximately 57 percent <br />load factor. Allowance of 7-1/2 percent for transmission losses on <br />average annual generation of 507.2 million kilowatt-hours prOVides <br />469.2 million kilowatt-hours at load centers. A summary of the <br />alternative power values follows: <br /> <br />Item <br />Composite capacity value ($22.79 x 100~200 kw.) <br /> <br />Energy value (2.82 mills x 469,200,000 kwhr.) <br /> <br />$531,100 <br /> <br />17 <br />