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ORDER NO. PSC -2018 -0314 -PAA -EQ
<br />DOCKET NO. 20180073 -EQ
<br />PAGE 3
<br />The table below contains estimates of the annual payments for each payment option
<br />available under the amended standard offer contract to an operator with a 50 MW renewable
<br />facility operating at a capacity factor of 95 percent, which is the minimum capacity factor
<br />required under the contract to qualify for full capacity payments. Normal and levelized capacity
<br />payments begin in 2027, reflecting the projected in-service date of the avoided unit (June 1,
<br />2027).
<br />Estimated Annual Payments to a 50 MW Renewable Facility
<br />(95% Capacity Factor)
<br />Year
<br />Energy
<br />Payment
<br />Capacity Payment (By Type)
<br />Normal
<br />Levelized
<br />Early
<br />Early
<br />Levelized
<br />$(000)
<br />$(000)
<br />$(000)
<br />$(000)
<br />$(000)
<br />2019
<br />8,553
<br />-
<br />-
<br />-
<br />-
<br />2020
<br />6,683
<br />-
<br />-
<br />-
<br />-
<br />2021
<br />5,323
<br />-
<br />-
<br />-
<br />-
<br />2022
<br />5,589
<br />-
<br />-
<br />-
<br />-
<br />2023
<br />6,343
<br />-
<br />-
<br />-
<br />-
<br />2024
<br />7,655
<br />-
<br />-
<br />-
<br />-
<br />2025
<br />9,068
<br />-
<br />-
<br />2,157
<br />2,455
<br />2026
<br />10,200
<br />-
<br />-
<br />2,211
<br />2,459
<br />2027
<br />11,473
<br />1,695
<br />1,906
<br />2,266
<br />2,462
<br />2028
<br />12,305
<br />2,978
<br />3,272
<br />2,323
<br />2,466
<br />2029
<br />13,014
<br />3,053
<br />3,277
<br />2,381
<br />2,470
<br />2030
<br />13,993
<br />3,129
<br />3,282
<br />2,441
<br />2,474
<br />2031
<br />14,108
<br />3,207
<br />3,287
<br />2,502
<br />2,478
<br />2032
<br />14,427
<br />3,288
<br />3,293
<br />2,564
<br />2,482
<br />2033
<br />15,380
<br />3,370
<br />3,298
<br />2,628
<br />2,486
<br />2034
<br />16,430
<br />3,454
<br />3,304
<br />2,694
<br />2,491
<br />2035
<br />16,682
<br />3,540
<br />3,310
<br />2,761
<br />2,495
<br />2036
<br />18,141
<br />3,629
<br />3,316
<br />2,830
<br />2,500
<br />2037
<br />18,727
<br />3,720
<br />3,322
<br />2,901
<br />2,504
<br />2038
<br />20,057
<br />.3,813
<br />3,328
<br />2,974
<br />2,509
<br />Total
<br />244,151
<br />38,875
<br />38,195
<br />35,632
<br />34,731
<br />NPV (2018$)
<br />114,628
<br />14,718
<br />14,718
<br />14,718
<br />14,718
<br />63
<br />
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