Power sales from Alcoa's dams rise to $30M - Winston-Salem Journal: News

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Power sales from Alcoa's dams rise to $30M

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Posted: Friday, October 25, 2013 10:33 pm

RALEIGH — Four Alcoa Inc. dams at the heart of a years-long fight over control of the water and electricity coming from the state's second-largest river system are delivering better revenues.

Alcoa reported to federal regulators this month that the dams generated 964,216 megawatt hours of electricity in the year ending in September. Based on an average wholesale price of $31.04 per megawatt hour provided by energy information company Platts, that would have generated revenues of about $30 million over the 12-month period.

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