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ORDER NO. PSC -2017 -0278 -PAA -EQ • DOCKET NO. 20170077 -EQ PAGE 29 • ATTACHMENT A (Comimmd from Sheer No. 10301) Payment schedules under this option are based upon the ally apical cost comportent of the value of a yea -by -yea dcfcnal of the Cu pangs Avoided Unit pmvidcd; however, mat under no circumstances may payments ben& before the QS is delivering that capacity and emtagy to the Company pursuant to the terms ofthe Standard Offer Contract. When this option is selected, the capacity payments shall be made monthly commencing no eadier than the Capacity Delivery Date ofthe QS and calculated using the methodology shown on Appendix L The QS shall select the month and year in which the deliveries of firm opacity and cagy to Mr, Company am to cosanence and capacity payments are, to stat The Company will provide the QS with a schedule of opacity payment mares based on the month and year in which the deliveries of firm opacity and energy ere to comate and the term of the Standard Offa Contract a specified in Appendix E Option C -Fixed Value of Deferral Payment -1,welaed Constrict Payment schedules under this option are based upon the Ievclired capital cost component of the value of a yor- by-year defcal ofthe Companys Avoided Unit. The capital portion ofcapacity payments under this option shall consist of equal monthly payments over the term ofthe Stallard Offer Contract, calculated as sbown on Appendix 1. The feed operation and mainterrena portion ofthe opacity payments shall be equal to the value ofthe year. by -year deferral of fixed operation mid maintweace expense associated with the Companys Avoided Unit The methodology used to calculate this option is shown in Appendix 1. The Company will provide the QS with a schedule of opacity paymcm rates based on the month and year in which the delbvesics of firm capacity and energy an, to commeaa and the ternof tlm Standard OfferC*rdmd as specified in Appendix E Option D- Fixed Volpe of Deferral Payment- Early Levelled Capacity Payment schedules under this option sat bated upon the eery tevell7w capital cost component of the value of e yea -by -yea deferral of the Company's Avoided Until. The eopial potion of the opacity payments under ibis option shag consist of equal monthly payments over the tern of the Standard Offer Contract, calmlatcd as shown on Appendix 1. The fixed operation and maintenance expense shall be calculated as shown in Appendix 1. At the option of the QS, payments for early levelized capacity shall commrnce at my timate before the anticipated in- service date of the Company's Avoided Unitas specified in Appendix E, provided that the QS is delivering firm capacity and energy to the Company pursuant to the ams of the Sanded Offer Connotes. The Company will provide the QS with a schedule of capacity payment rata based on the month and year in which the deliveries of firm capacity and cagy ac to ronvneno and the term of the Standard Offer Contract a specified in Appendix E Option E- Flexible Payment Ondon Payment schedules unda this option an: based upon a payment stream elected by the QS consisting of the capital component of the Company's avoided unit. Payments cert commence at any time ager the actual m-smim,date of The QS and before The anticipated in-service date of the utility's avoided unit, as specified in Appendix F, provided that the QS is delivering firm capacity and energy to the Company pursuant to the tams of the Standard Offer Contract. Regardless of the payment storm elected by the QS, the cumulative present value of capital cost payments made N the QS over the ten of the contrect shall no exceed the cumulative proem value of the capital cat payments which would have been made to the QS had such payments been made punaan to FPSC Rule 25- 17.0832(4)(g)I, F.A.C. Fixed operation and meintenence expense shall be calculated in confomarr,e with Rule 25-17.0932(6),F.A.0 The Company will provide the QS with a schedule of capacity payment rates based on the infomation specified in Appendix E (Caanaued en Sha No. 10. 03) Issued by. & E. Rand& Director, Rata and Tanto Effective: May22,2007