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Show 74 UPDATING THE HOOVER DAM DOCUMENTS INCOME Energy Mills Sales Net Net Per Contractor kWh Amount kWh Total 2,111,679 10,105.30 4.79 TOTAL FIRM SALES 1,260,057,307 7,647,945.68 6.07 In addition to the total firm sales of 1,260,057,307 kWh resulting in an income of $7,647,945.68. there were interchanges and other deliveries during this period, making a "Grand Total Power Sales" of 1,567,868,804 kWh which did not change the above income figures. However, there were rents, discounts, other miscellaneous income and Power Pool Sales of $3,127,070.61, $51.67, $30,598.23, and $851,004.38, respectively, in addition to the aforenoted income of $7,647,945.68 during fiscal year 1977. D. Colorado River Storage Project D.I Background The Colorado River Storage Project (CRSP) and 11 participating projects were authorized April 11, 1956, by Public Law 84-485. Ten additional participating projects were authorized as follows: two by the Act of June 13. 1962, 76 Stat. 96; three by the Act of September 2, 1964, 78 Stat. 852; and five by the Act of September 30, 1968, 82 Stat. 886. The Colorado River Storage Project as outlined in 1950 included 10 storage units. Four of these were authorized for construction by the Act of April 11, 1956 (flaming Gorge, Glen Canyon, Curecanti and Navajo). Together the four units provide 33,600,000 acre-feet of reservoir storage capacity and about 1.266,000 kW of installed generating capacity. About three-fourths of both capacities will be provided by the Glen Canyon Unit. The storage units will perform two major essential functions. They will regulate streamflow so that water commitments to the Lower Colorado River Basin can be met in dry periods without curtailment of the development of water uses allotted the Upper Basin. Also, they will produce hydroelectric energy. The participating projects consume water of the Upper Colorado River System for irrigation, municipal and industrial purposes and participate in the use of revenues in the Basin Fund. Revenues from the sale of the electric energy left after payment of the operating costs and the reimbursable construction costs of the storage units will be available for assistance in the repayment of costs of participating projects; namely, the irrigation costs of these projects that are beyond the payment ability of the irrigation water users. Transmission of the electric power to load centers will be a cooperative effort of existing public and private utilities and the Bureau of Reclamation. The storage Project reservoirs will also directly supply some water for irrigation and municipal and industrial uses. Extensive power transmission lines and facilities have been and are being constructed in conjunction with the Storage Project. Participating projects are Reclamation projects consuming water apportioned to the Upper Colorado River Basin and requiring storage replacement and revenue assistance from the storage units in the repayment of irrigation costs. Twenty-one participating projects (and units) have been authorized to date. They will provide water for irrigation on about 900,000 acres of land, over 400,000 acre-feet of water annually for municipal and industrial uses, about 166,000 kW of electric power, and will provide recreation, fish and wildlife, flood control, and miscellaneous benefits. |
