ORDER NO. PSC -2018 -0316 -PAA -EQ
<br />DOCKET NO. 20180083 -EQ
<br />PAGE 3
<br />Table 1 - Estimated Annual Payments to a 50 MW Renewable Facility
<br />94 Percent Capacity Factor
<br />Source: FPL's Supplemental Response to Staff's First Data Request!
<br />Table 2 below contains estimates of the annual payments for each payment option
<br />available under the revised standard offer contract if an operator chooses the avoided planned
<br />power purchase contract. This contract is available to an operator with a 50 MW facility
<br />operating at a capacity factor of 94 percent that meets the minimum requirement specified in the
<br />contract to qualify for full capacity payments. Normal and levelized capacity payments begin in
<br />2019, reflecting the projected purchase date of the avoided purchase (June 1, 2019).
<br />2Document No. 03838-2018, filed May 23, 2018, in Docket No. 20180083 -EQ.
<br />Energy
<br />Payment
<br />Capacity Pa ent (By Type)
<br />Normal
<br />Levelized
<br />Early
<br />Early
<br />Levelized
<br />Year
<br />$(000)
<br />$(000)
<br />$(000)
<br />$(000)
<br />$(000)
<br />2019
<br />10,808
<br />-
<br />-
<br />-
<br />-
<br />2020
<br />9,513
<br />-
<br />-
<br />-
<br />-
<br />2021
<br />7,836
<br />-
<br />-
<br />-
<br />-
<br />2022
<br />8,501
<br />-
<br />-
<br />-
<br />-
<br />2023
<br />9,237
<br />-
<br />-
<br />-
<br />-
<br />2024
<br />9,730
<br />-
<br />-
<br />2,445
<br />2,825
<br />2025
<br />10,236
<br />-
<br />-
<br />2,506
<br />2,825
<br />2026
<br />11,235
<br />-
<br />-
<br />2,569
<br />2,825
<br />2027
<br />13,098
<br />-
<br />-
<br />2,633
<br />2,825
<br />2028
<br />12,312
<br />4,111
<br />4,581
<br />2,699
<br />2,825
<br />2029
<br />12,446
<br />4,214
<br />4,581
<br />2,766
<br />2,825
<br />2030
<br />12,992
<br />4,319
<br />4,581
<br />2,835
<br />2,825
<br />2031
<br />13,453
<br />4,427
<br />4,581
<br />2,906
<br />2,825
<br />2032
<br />13,930
<br />4,538
<br />4,581
<br />2,978
<br />2,825
<br />2033
<br />14,132
<br />4,652
<br />4,581
<br />3,053
<br />2,825
<br />2034
<br />14,483
<br />4,768
<br />4,581
<br />3,129
<br />2,825
<br />2035
<br />14,806
<br />4,887
<br />4,581
<br />3,208
<br />2,825
<br />2036
<br />15,178
<br />5,009
<br />4,581
<br />3,288
<br />2,825
<br />2037
<br />15,475
<br />5,134
<br />4,581
<br />3,370
<br />2,825
<br />2038
<br />15,820
<br />5,263
<br />4,581
<br />3,454
<br />2,825
<br />Total
<br />256,132
<br />51,323
<br />50,391
<br />43,839
<br />42,373
<br />NPV (2019$)
<br />115,228
<br />15,671
<br />15,671
<br />15,671
<br />15,671
<br />Source: FPL's Supplemental Response to Staff's First Data Request!
<br />Table 2 below contains estimates of the annual payments for each payment option
<br />available under the revised standard offer contract if an operator chooses the avoided planned
<br />power purchase contract. This contract is available to an operator with a 50 MW facility
<br />operating at a capacity factor of 94 percent that meets the minimum requirement specified in the
<br />contract to qualify for full capacity payments. Normal and levelized capacity payments begin in
<br />2019, reflecting the projected purchase date of the avoided purchase (June 1, 2019).
<br />2Document No. 03838-2018, filed May 23, 2018, in Docket No. 20180083 -EQ.
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