In 1917 Southern California Edison purchased the lake which had been owned by the Fresno Flume and Lumber Company for transporting lumber down to the San Joaquin Valley.[3] The lake was formed with the construction of Shaver Lake Dam, which was built by Southern California Edison and completed in 1927 (98 years ago) (1927). The 180-foot (55 m) dam was built in 50-foot (15 m) blocks, with a keyway to hold it in place and a 30-inch (76 cm) copper sheet to make it watertight. Its capacity is 135,283 acre⋅ft (166,869 dam3). Some water from the lake is discharged into Stevenson Creek for fish and other wildlife, but the rest is diverted to Big Creek, where it powers several hydroelectric plants in succession.
The area now covered by the lake was extensively logged before the dam was built, and an extensive log flume system several miles long was constructed to bring logs down the mountain. The town to this day maintains a nostalgic logging theme. Several buildings in town are in fact old, converted sawmills. Adjacent to the lake is Camp Edison, built and operated by SCE.[4]
On August 13, 1943, Grace Craycroft (née Shaver), the daughter of pioneerlumberman Charles B. Shaver after whom the lake and town is named, drowned after suffering from a heart attack whilst attempting to save a 12-year-old boy from drowning.
The Shaver Lake Trophy Trout Project is a non-profit organization to educate the public on fishing and make Shaver Lake a fishing destination.
Camp Chawanakee, a Scout camp, is located on a peninsula on the southern shore of Shaver Lake. BSA troops from all over California attend each summer.
The camp's facilities include canoeing, sailing, row boats, kayaking, swimming, hiking, rifle shooting, shotgun, archery, horse riding, rock wall, zip lining, fishing, crafts, and many other activities.
Department of Water Resources (2009). "Station Meta Data: Shaver Lake (SHV)". California Data Exchange Center. State of California. Retrieved 2009-04-01.