WSP06167

• File Number: 8220.100.40
• Description: CRSP
• Basin: Colorado Mainstem
• Date: 6/30/1974
• Author: USDOI
• Title: Eighteenth Annual Report on the Statuts of the Colorado River Storage Project
• Water Supply Pro - Doc Type: Annual Report

POWER REPAYMENT
STUDY

Exhibit E
Results of the power repayment study
for fiscal year 1974 are depicted graph-
ically at right. Estimated annual pOwer
re..enues are shown together wIth their
appllcatlon. Total revenue for the pe.
riod shown exceeds $3.6 billion. After
repayment of about $700 million for
the power investment and $400 million
fOr interest. power revenues should be
sufficient to repay about $100 million
in irrigation costs allocated directly to
the Storage Project, plus around $1.3
billion in costs of Participating Projects.

Following are notes explaining the terms
used on the graph. Copies of the power
repayment study in a highly detailed
form can be obtained upon request.

OPERATING EXPENSES

Annual costs of operation, maintenance.
energy purchases, wheeling by others,

34

and salinity control, as well as the pur.
chase of generation to replace the de.
ficiency in Hoover Powerplant genera.
tion caused by Storage Project opera.
tions.

POWER INTEREST PAYMENTS

Annual interest on the unpaid power
investment.

POWER PRINCIPAL PAYMENTS

Payments made on the power invest.
ment and replacements. with the high.
est Interest. bearing component being
paid first.

STORAGE UNIT IRRIGATION
PRINCIPAL PAYMENTS

Power revenues which are applied to-
ward payment of the Irrigation alloca.
tlon of the Storage Units, the major
portion (about $66 million or 70%) of
such allocation being repaid from power
revenues. with the remainder (about
$28 million or 30%) being repaid from
M&I revenues.

POWER REVENUES AVAILABLE
fOR IRRIGATION ASSISTANCE
TO PARTICIPATING PROJECTS

Power revenues available after the
above costs have been paid. the amount
of which will be about $1.250 million
through 2059. A lesser amount (about
$25 million or 2% of the total avail.
able) will also be provIded from M&I
revenues.

TOTAL ANNUAL POWER REVENUES

Annual revenues from energy and ca.
pacity sales, wheelmg for others. rental
of substation facilities to others. reo
imbursement by the Lower Basin for
energy purchased by the CRSP to reo
place the deficiency in HOover Power.
plant generation, and miscellaneous
revenues. The present firm power rate
of $1.32 per kllowatt.month and 3 mills
per kilowatt.hour must be increased
about 8.5 percent to meet payout reo
qUlrements.