The project diverts and delivers an average of of water a year. However, the water right on the Fry-Ark allows for a diversion of over the course of 34 consecutive years, but not to exceed a diversion of in any one single year. In 2011, when Colorado had an abundance of snow, the Fry-Ark imported about from the West Slope, the second highest diversion amount in the project's 50-year operating history. The following year, 2012, snowpack was scarce and drought returned to the state. As a result, the project was only able to import roughly of water. Before the Fry-Ark Project could be built in its entirety, a compromise had to be struck between East and West Slope water politics. The result was the construction of Ruedi Reservoir, upstream on the Fryingpan River from Basalt, Colorado. Ruedi provides water to Colorado's West Slope, in part to compensate for what is diverted further upstream. Water is diverted from the West Slope's Fryingpan River basin. A series of interconnected tunnels carrying water from 16 small diversion dams, all at an elevation of above, collect snowmelt and run it, via gravity, to the Charles H. Boustead Tunnel. The Boustead conveys water underneath the Continental Divide before discharging it into Turquoise Lake just west of Leadville. Water then leaves Turquoise Lake reservoir via the Mt. Elbert Conduit, which runs nearly to the Mt. Elbert Forebay. Water is stored in the forebay to build up head before being dropped down over in elevation to the hydroelectric Mt. Elbert Powerplant. The power plant takes its name from Mt. Elbert, Colorado's tallest peak, and sits at its base. The two-unit facility is the largest hydroelectric power plant in Colorado. It has a nameplate capacity of 200 megawatts and a maximum generating head of. During night time hours, when power rates are less expensive, the reversible pump-back units return water from Twin Lakes—water that was already used at least once by the units to generate electricity—back to the forebay so it can flow down again for more power generation. The Western Area Power Administration markets the power generated at the plant. Water exiting the Mt. Elbert Power Plant helps fill Twin Lakes Reservoir, a natural lake bed that was enlarged and impounded by the Twin Lakes Dam during 1978-1980. The reservoir sits on Lake Creek which runs down from Independence Pass. Water from the reservoir continues down Lake Creek to the Arkansas River, which is the main delivery vehicle for the Fry-Ark project. Pueblo Reservoir, the center piece of Lake Pueblo State Park, is the last reservoir in the project and sits on the Arkansas just west of Pueblo. The majority of municipal and agricultural deliveries for the project are made out of Pueblo Reservoir before the water continues on east to Kansas via the Arkansas.
