Smith Mountain Lake in Virginia is owned and run by AEP for hydro power purposes. (It was used as Lake Winnipesaukee to film the movie 'What About Bob')
See
http://www.smithmtn.com/about/SmithMountainLake.aspx
It's level is managed over a 2 foot difference, depending on power needs, while its downstream partner Leesville varies over 13 feet!
On a hot Saturday in the summer (like 95-100 most of July, it is Virginia) the level drops by a noticeable several inches, only to be refilled overnight.
Some seasons, when the area suffered droughts but AEP was required to maintain a specific flow downstream, the lake has varied during the year by 5- 8 feet!