Southwestern Power Administration August 5, 2008 – Federal Register Recent Federal Regulation Documents

The Administrator, Southwestern Power Administration (Southwestern), has prepared Current and Revised 2008 Power Repayment Studies that show the need for an increase in annual revenues to meet cost recovery criteria. Such increased revenues are required primarily due to increases in U.S. Army Corps of Engineers' operations and maintenance estimates. The Administrator has developed a proposed Robert D. Willis rate schedule, which is supported by a power repayment study, to recover the required revenues. Beginning October 1, 2008, the proposed rates would increase annual revenues approximately 14.0 percent from $815,580 to $929,388.