43 USC 618 – Promulgation of charges for electrical energy
The Secretary of the Interior is authorized and directed to, and he shall, promulgate charges, or the basis of computation thereof, for electrical energy generated at Hoover Dam beginning June 1, 1937, computed to be sufficient, together with other net revenues from the project, to accomplish the following purposes:
Terms Used In 43 USC 618
- Project: shall mean the works authorized by the Project Act to be constructed and owned by the United States, exclusive of the main canal and appurtenances mentioned therein, now known as the All-American Canal. See 43 USC 618k
- Project Act: shall mean the Boulder Canyon Project Act [43 U. See 43 USC 618k
- Replacements: shall mean such replacements as may be necessary to keep the project in good operating condition beginning June 1, 1937, but shall not include (except where used in conjunction with the word "emergency" or the words "however necessitated") replacements made necessary by any act of God, or of the public enemy, or by any major catastrophe. See 43 USC 618k
- Secretary: shall mean the Secretary of the Interior of the United States. See 43 USC 618k
(a) To meet the cost of operation and maintenance, and to provide for replacements, of the project beginning June 1, 1937;
(b) To repay to the Treasury, with interest, the advances to the Colorado River Dam Fund for the project made prior to June 1, 1937, within fifty years from that date (excluding advances allocated to flood control by section 617a(b) of this title, which shall be repayable as provided in section 618f of this title), and such advances made on and after June 1, 1937, over fifty-year periods;
(c) To provide $600,000 for each of the years and for the purposes specified in section 618a(c) of this title;
(d) To provide $500,000 for each of the years and for the purposes specified in section 618a(d) of this title; and
(e) To provide, by application of the increments to rates specified in section 403(c)(2) of the Colorado River Basin Project Act of 1968, as amended and supplemented [43 U.S.C. 1543(c)(2)], revenues, from and after June 1, 1987, for application to the purposes there specified.
Such charges may be made subject to revisions and adjustments at such times, to such extent, and in such manner, as by the terms of their promulgation the Secretary shall prescribe.