Has the Hoover Dam paid for itself?

Hoover Dam was built for a cost of $49 million (approximately $760 million adjusted for inflation). The power plant and generators cost an additional $71 million. The sale of electrical power generated by the dam paid back its construction cost, with interest, by 1987.



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The Dam Future While the dam is expected to last for centuries, engineers predict the structure could last for more than 10,000 years, surpassing most remnants of human civilization if humans were to disappear from the earth.

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If Lake Mead were to run out of water, the Hoover Dam would no longer be able to generate power or provide water to surrounding cities and farms. The Colorado River would essentially stop flowing, and the Southwest would be in a major water crisis.

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Hoover Dam provides about 355 megawatts to the Nevada Power system. Contrary to common belief, Las Vegas does not get most of its power from the dam. It also does not get most of the power produced at the dam. California and Arizona get most of the dam's generated power.

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Today, the Hoover Dam is the second highest dam in the country and the 18th highest in the world. It generates more than four billion kilowatt-hours a year -- that's enough to serve 1.3 million people! Here's how this dam stacks up against some of the biggest dams in the world.

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