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Docket No. 170077 -EQ Date: June 29, 2017 YLVrttUAMWM42LIUM %-VMrAMX (Continued from SheetNo.10.301) Option B -Fixed Value of Deferral Payments- Earlv_Canactty aneec Attachment A Page 24 of 42 Payment schedules under this option are based upon the early capital cost component of the value of a year -by -year deferral of the Company's Avoided Unit provided; however, that under no circumstances nay payments begin before the QS is delivering firm rapacity and energy to the Company pursuant to the terms of the Standard Offer Contract. When ibis option is selected, the capacity payments shall be made monthly commencing no earlier than the Capacity Delivery Date of the QS and calculated using the methodology shown on Appendix 1. The QS shall select the month and year in which the deliveries of firm capacity and energy to the Company are to commence and capacity payments are to start. the Company will provide the QS with a schedule of capacity payment rates based on the month and year in which the deliveries of firm capacity and energy are to commence and the term of the Standard Offer Contract as specified in Appendix E. Ontion C -Fixed Value oIDeferral Payment -T ev bA* Capacity Payment schedules under this option are based upon the levelized capital cost component of the value of a year - by -year deferral of the Company's Avoided Unit. The capital portion of capacity payments under this option shall consist of equal monthly payments over the term of the Standard Offer Contract, calculated as shown on Appendix I. The fixed operation and maintenance portion of the capacity payments shall be equal to the value of the year - by -year deferral of fixed operation and maintenance expense associated with the Company's Avoided Unit The methodology used to calculate this option is shown in Appendix 1. The Company will provide the QS with a schedule of capacity payment rates based on the month and year in which the deliveries of firm capacity and energy are to commence and the term of the Standard Offer Contract as specified in Appendix E. Ontlon D - Med Value of Deferral P nantat - Early l.evelized Cooacity Payment schedules under this option are based upon the early levelized capital cost component of the value of a year -by -year deferral of the Company's Avoided Unit The capital .portion of the capacity payments under this option shall consist of equal monthly payments over the term of the Standard Offer Contract, calculated as shown on Appendix 1. The fixed operation and maintenance expense shall be calculated as shown in Appendix 1. M the option of the QS, payments for early levelized capacity shall commence at any time before the anticipated in- service date of the Company's Avoided Unit as specified in Appendix E, provided that the QS is delivering firm capacity and energy to the Company pursuant to the terms of the Standard Offer Contract The Company will provide the QS with a schedule of capacity payment rates based on the month and year in which the deliveries of firm capacity and energy are to commence and the term of the Standard Offer Contract as specified in Appendix I - Option E— Flexible Payment Oration Payment schedules under this option are based upon a payment stream elected by the QS consisting of the capital component of the Company's avoided unit. Payments can commence at any time after the actual in-service.date of the QS and before the anticipated in-service date of the utility's avoided unit, as specified in Appendix E, provided that the QS is delivering firm capacity and energy to the Company pursuant to the terms of the Standard Offer Contract Regardless of the payment stream elected by the QS, the cumulative present value of capital cost payments made to the QS over the term of the contract shall not exceed the cumulative present value of the capital cost payments which would have been made to the QS bad such payments been made pursuant to FPSC Rule 25- 17.0932(4)(g) 1. 5- f7.0832(4)(g)1. F:&C. Fixed .operation and maintenance expense shall be calculated in conformance with Rule 25=17.0832(6),F.A.C. The Company will provide the QS with a schedule of capacity payment rates based on the infornation specified in Appendix E. (Continued on Sheer No.10.303) Issued by: S, E. Romig, Director, Rates and Tariffs Effective: May 22, 2007 -29- 1,3 4