Three Gorges Dam calculated based on the average flow rate at the dam site, assuming the water level is 175 m and the plant gross efficiency is 90.15%. The actual power output in 2008 was obtained based on the monthly electricity sent to the grid. The Three Gorges Dam reached its design-maximum reservoir water level of for the first time on October 26, 2010, in which the intended annual power-generation capacity of 84.7 TWh was realized. In 2012, the dam's 32 generating units generated a record 98.1 TWh of electricity, which accounts for 14% of China's total hydro generation. The State Grid Corporation
Three Gorges Dam government estimated that the Three Gorges Dam project would cost 180 billion yuan (US$22.5 billion). By the end of 2008, spending had reached 148.365 billion yuan, among which 64.613 billion yuan was spent on construction, 68.557 billion yuan on relocating affected residents, and 15.195 billion yuan on financing. It was estimated in 2009 that the construction cost would be recovered when the dam had generated of electricity, yielding 250 billion yuan. Full cost recovery was thus expected to occur ten years after the dam started full operation, but the full cost of the Three Gorges Dam was recovered by December