Rates and Repayment

Per the Flood Control Act of 1944, 58 Stat. 890, 16 U.S.C. § 825s, one of the major responsibilities of Southeastern is to design, formulate and justify rates. Repayment studies prepared by Southeastern determine revenue requirements and appropriate rate levels. Repayment studies for each of Southeastern's four power marketing systems are updated annually and demonstrate the adequacy of the rates for each system. Rates are considered to be adequate when revenues are sufficient to repay all costs associated with power production and transmission costs. Power production and transmission costs include the amortization of Federal investment allocated to power.