About Hoover Part D:
The Hoover dam located between Arizona and Nevada on the Colorado river was built for flood control and water management but includes a hydroelectric generating plant that whose output is marketed by the Department of Energy Western Area Power Administration (WAPA). Public power from Hoover has traditionally been provided to select customers at a very low cost - as much as 75% below market prices. WAPA has announced that a portion Hoover power called part D, will be made available to new customers who have never received an allocation of this inexpensive power in the past.
Who can apply for Hoover Part D?
Any of the following who have not received an allocation of Hoover power in the past and who are located in AZ, NV, CA, or NM; subject to some geographic and end use restrictions.
- Native American organizations
- Non- profit organizations
- Municipalities, towns and cities
- Cooperatives, Agricultural districts, Irrigation districts, Electrical districts
- Public entities
- Non - investor owned utilities
- Others
How much money will an allotment of Hoover Part D save?
Savings on electric power costs as a result of applying a Part D allocation to your energy needs will accrue every month for the duration of your contract with WAPA. Part D power will not be free but is much cheaper than retail or even wholesale prices today. The following equation provides an estimate of monthly savings from a Part D allotment based on criteria provided by WAPA.
Savings = [Xf *(.65)/475]*(.25)*Cf*730*(Pr - Pd)
Where Xf = Square footage equivalent units of space electrically served
Cf = Hoover dam capacity factor
Pr = Retail price currently paid for electricity to your utility per kWh
Pd = Part D electricity price paid to WAPA per kWh
A qualifying applicant with 100,000 ft2 of equivalent electrified space can expect to save $810 per month, or $9,720 per year on electricity costs. This will amount to $496,000 over the life of your Hoover contract.
How can I apply?
Contact us immediately. The deadline is very soon and your application will take some time to prepare. We will complete your application with WAPA. After that, we will help you set up transmission and agreements with other parties involved in getting the power to your location as well as making sure you are properly credited on future electric invoices. Our services are completely free in exchange for the opportunity to serve you on a contractual basis after you receive your allocation.
terry.urbine@CurrentInsightInc.com
480 278 1058