Kinni River Corridor Project

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Rate increases due to dam and/or hydro generation removal have not been calculated. An increase in rates could relate to the City’s desire to recover lost hydroelectric revenues over time, amortization of undepreciated assets, and recovery of the costs of dam removal. In 2016, the City’s net revenues (electricity sold from hydro generation less maintenance costs) from the sale of 2.1 million kWh was $125,840. The cost to replace the same kWh with purchased power would be $165,233, resulting in net revenues of $40,807.