Federal Electric Power Project Cost Repayment Act

[AI summary unavailable — showing source text] Federal Electric Power Project Cost Repayment Act - Declares it to be the policy of the United that each Federal electric power project and related facilities, including transmission lines, through amortization with interest of the total financial cost thereof, shall be self-liquidating within a period of fifty years from the time that project or unit of that project becomes revenue producing. Declares the finding of the Congress that electric power from some Federal projects is being sold at rates which do not cover the financial costs of such projects to the Government. Provides that Federal electric power projects shall be administered and power rates shall be set to produce sufficient power revenues to repay the capital cost incurred by the Federal Government for the power projects and facilities as well as to cover the cost of the maintenance, operation, and replacement of such projects and facilities. Prescribes uniform standards and requirements for determining the annual payments necessary to liquidate with interest the capital cost incurred by the Federal Government for such power projects and facilities. Provides that authority for the Secretary of the Interior to impleme…