Southwestern Power Administration September 4, 2014 – Federal Register Recent Federal Regulation Documents

The Administrator, Southwestern Power Administration (Southwestern), has prepared Current and Revised 2014 Power Repayment Studies for the Robert D. Willis project which show the need for an increase in annual revenues to meet cost recovery criteria. Such increased revenues are needed primarily to cover the costs associated with increased investments and replacements in the hydroelectric generating facilities and increased operations and maintenance costs. The Administrator of Southwestern has developed a proposed Robert D. Willis Rate Schedule, which is supported by power repayment studies, to recover the required revenues. The Revised 2014 Power Repayment Study indicates that the proposed Rate Schedule would increase annual revenues approximately 10.2 percent from $1,072,332 to $1,181,496 effective January 1, 2015 through September 30, 2018.\1\