CALCULATION OF FIRM POWER RATE FOR POWER SYSTEM PAYOUT
Abstract
A program is given which will calculate the number of years necessary for a power project to pay out with an approximate firm power rate and the known and estimated available power, deductions, etc.; and then compare this number of years with the desired number of years and compute a new firm rate. With a new firm rate the program repeats the above cycle until the necessary rate is determined for the project to pay out in the specified number of years. Approximately 1 minute is required to compute the necessary rate for a 50-year study (7 to 9 cycles). For each cycle, the computer determines the firm rate; the allowance and discount rate; the balance to be repaid; the net revenue; the net interest; the net principal; the 'in service at end of year' for the actual payout period for power and for irrigation and the desired payout period for power if it occurs before the actual payout period. By adding a single instruction card, the program will also punch out the above results for each year. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1962
- Accession Number
- AD0283047
Entities
Organizations
- United States Bureau of Reclamation