Southwestern Power Administration 2014 – Federal Register Recent Federal Regulation Documents
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Robert D. Willis Hydropower Power Rate
Pursuant to Delegation Order Nos. 00-037.00A, effective October 25, 2013, and 00-001.0OE, effective June 6, 2013, the Deputy Secretary has approved and placed into effect on an interim basis Rate Order No. SWPA-68, which increases the power rate for the Robert D. Willis Hydropower Project (Willis) pursuant to the Willis Rate Schedule which supersedes the existing rate schedule.
Robert D. Willis Power Rate
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\