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SWL
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Project History
Project History
Construction
began in 1960 and was completed in 1966. Total cost was $46,200,000.00;
this cost was amortized over a 50-year period, at an interest rate
of payments to be accomplished annually from project revenue, which
is derived primarily from hydropower sales. The Southwestern Power
Administration, Department of Energy markets the power produced
and accomplishes the business of disbursements for overhead, which
includes SPA O&M expenses, Corps of Engineers O&M expenses
and construction cost repayment, net revenue is then tendered to
the U.S. Treasury general fund.
Updated/Reviewed:
31
Jan 2008
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