Accession Number : AD0283047

Title :   CALCULATION OF FIRM POWER RATE FOR POWER SYSTEM PAYOUT

Corporate Author : BUREAU OF RECLAMATION DENVER COLO

Report Date : JUL 1962

Pagination or Media Count : 1

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)

Descriptors :   *ECONOMICS, *ELECTRIC POWER PRODUCTION, DIGITAL COMPUTERS, MATHEMATICAL ANALYSIS, POWER PLANTS (ESTABLISHMENTS), PROGRAMMING (COMPUTERS)

Distribution Statement : APPROVED FOR PUBLIC RELEASE