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Show CHAPTER HI 57 B.2 Current Contracts The basic agency contract, No. Ilr-1333, dated May 29, 1941, designated "Contract for the Operation of Boulder Power Plant," between the United States and the City of Los Angeles and its Department of Water and Power, and Southern California Edison Company, Ltd., is operative through May 31, 1987. Administration of the agency contract has been retained by Reclamation. Nine energy contracts were entered into with the allottees of energy named in the general regulations of May 20, 1941. These collectively dispose of all firm and secondary energy to be generated at Hoover Dam during the period of June 1, 1937, to May 31, 1987. Early in 1977 Reclamation established a committee to prepare data and criteria for marketing of Hoover energy after termination of current contracts. Following the creation of the Department of Energy on October 1, 1977, the current contracts for electric service and the responsibility for future marketing were transferred to WAPA. The responsibility for operation and maintenance of the powerplant remained with Reclamation. The allocation of energy (and the allocation of the construction costs of Hoover Dam and Powerplant) is summarized as follows: Firm energy Date Contract Allocation Date of No. Contractor Percent of Execution Termination Ilr-1334 Dept. of Water & Power 17.5554 May 29, 1941 May 31, 1987 Ilr-1336 Metropolitan Water Dist. 35.2517 May 29,1941 May 31, 1987 Ilr-1455 State of Arizona 17.6259 Nov 23,1945 May 31, 1987 Ilr-1338 State of Nevada 17.6259 May 29, 1941 May 31, 1987 Ilr-1335 So. Calif. Edison Co. 7.0503 May 29, 1941 May 31, 1987 Ilr-1340 City of Glendale 1.8475 May 29, 1941 May 31, 1987 Ilr-1337 City of Pasadena 1.5847 May 29,1941 May 31, 1987 Ur-1341 Calif. Electric Power Co. .8813 May 29, 1941 May 31, 1987 Ilr-1339 City of Burbank .5773 May 29,1941 May 31, 1987 The Metropolitan Water District has the first right to all unused firm and all secondary energy for pumping water into and in its Colorado River Aqueduct. The City of Los Angeles, Southern California Edison Company, and California Electric Power Company are obligated to take and/or pay for, respectively, 55, 40, and 5 percent of all firm energy allocated to the States but unused by them or The Metropolitan Water District. The city and companies have also the right to use, in the same respective percentages, secondary energy unused by The Metropolitan Water District. The United States reserves up to 20,000 kW, with the associated energy to be deducted equally out of the allotments to the City of Los Angeles and the Southern California Edison Company. The United States can use reserved power for its own use or for resale in its construction or operating camps, or for any purpose within a local area defined in the regulations. This reserved power is currently sold to the city of Boulder City, National Park Service and Bureau of Mines. Allocation to the cities of Burbank, Pasadena, and Glendale is generated and transmitted by the City of Los Angeles. California Electric Power Company merged with Southern California Edison Company, but for purposes of accounting, contract No. Ilr-1341 remains in full force and effect. B.3 Operating Year Ending May 31, 1976 The following illustrates the kWh sales to these Boulder Canyon Project allottees of electric energy and the income therefrom for the operating year ending May 31, 1976, and the energy reserved by the United States for its own use. |