Southwestern Power Administration August 2005 – Federal Register Recent Federal Regulation Documents

The Administrator, Southwestern Power Administration (Southwestern), has prepared Current and Revised 2005 Power Repayment Studies that show the need for an increase in annual revenues to meet cost recovery criteria. Such increased revenues are required due to significant increases in expected U.S. Army Corps of Engineers' generation investment and slight increases in operations and maintenance expenses at the project. The Administrator has developed a proposed Sam Rayburn Dam rate schedule, which is supported by a power repayment study, to recover the required revenues. Beginning January 1, 2006, the proposed rate would increase annual revenues 12 percent from $2,513,724 to $2,816,064.

The Administrator, Southwestern Power Administration (Southwestern), has prepared Current and Revised 2005 Power Repayment Studies which show the need for an increase in annual revenues to meet cost recovery criteria. Such increased revenues are needed primarily to cover increased investments and replacements in hydroelectric generating and high-voltage transmission facilities and increased operation and maintenance expenses. The Administrator has developed proposed Integrated System rates, which are supported by a rate design study, to recover the required revenues. Beginning January 1, 2006, and thereafter, the proposed rates would increase annual system revenues approximately 7.1 percent from $124,552,200 to $133,342,029.