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09/12/2017 (3)
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09/12/2017 (3)
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Last modified
10/26/2017 4:00:46 PM
Creation date
10/26/2017 2:45:41 PM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
09/12/2017
Meeting Body
Board of County Commissioners
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ORDER NO. PSC -2017 -0336 -PAA -EQ <br />DOCKET NO. 20170072 -EQ <br />PAGE 82 <br />Attachment A <br />() DUKE <br />1 ENERGY. <br />SECTION No. IX <br />TENTH -ELEVENTH REVISED SHEET NO. 9.467 <br />CANCELS NINTH -TENTH REVISED SHEET NO. <br />9.487 <br />SCHEDULE 2 <br />TO RATE SCHEDULE COG2CAPACITY OPTION PARAMETERS <br />FIXED VALUE OF DEFERRAL PAYMENTS - <br />NORMAL CAPACITY OPTION PARAMETERS <br />Where, for one year deferral: <br />ViCm, = DEFs value of avoided capacity and O&M, in dollars per <br />kilowatt per month, during month m; <br />K1 = present value of carrying charges for one dollar of investment <br />over L years with carrying charges computed using average <br />annual rate base and assumed to be paid at the middle of each <br />year and present valued to the middle of the first year, <br />In I = total direct and indirect cost, in mid -year dollars per kilowatt <br />including AFUDC but excluding CWIP, of the Avoided Unit <br />with an in-service date of year n; <br />OJ = total fixed operation and maintenance expense, for the year n, in <br />mid -year dollars per kilowatt per year, of the Avoided Unit: <br />ip = annual escalation rate associated with the plant cost of the <br />Avoided Unit; <br />ie annual escalation rate associated with the operation and <br />maintenance expense of the Avoided Unit <br />✓ 1 = annual discount rate, defined as DEFs incremental after-tax cost <br />of capital; <br />L = expected life of the Avoided Unit; <br />n • year for which the Avoided Unit is deferred starting with the <br />Avoided Unit In -Service Date and ending with the Termination <br />Date. <br />ISSUED BY: Javier Portuondo, Director, Rates 8 Regulatory Strategy - FL <br />1 EFFECTNE: June -94046 <br />Value <br />4.8237 <br />1.31709 <br />7765697.2 <br />7 <br />3:873.67 <br />2.50% <br />2.50% <br />6.8592% <br />35 <br />2024 <br />
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