Independence County White River Hydroelectric Project
White River Hydroelectric Project
4810 Heber Springs Road
Batesville, AR 72501
The County in association with the City of Batesville and Lyon College has three (3) Federal Energy Regulatory Commission licensed hydroelectric projects on the White River at Lock and Dams Numbers 1, 2 and 3. The facilities were financed by issuing tax-exempt bonds years ago. Power generated from these plants is being sold under an agreement to the City of Clarksville, Arkansas Light and Water. Revenues from the power sold are being used to provide operation and maintenance of the facilities, used to retire the bond debt, and future project reserves. ACA Financial Guaranty Corporation of New York City is the bond insurer and approves all expenditures spent on the project.