|
ORDER NO. PSC -2020 -0212 -PAA -EQ
<br />DOCKET NO. 20200114 -EQ
<br />PAGE 3
<br />with the projected in-service date of the avoided unit (June 1, 2030), while early and early
<br />levelized capacity payments begin in 2026 for this example.
<br />Table 1 - Estimated Annual Payments to a 50 MW Renewable Facility
<br />94% 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 />2021
<br />6,908
<br />-
<br />-
<br />-
<br />-
<br />2022
<br />6,933
<br />-
<br />-
<br />-
<br />-
<br />2023
<br />8,038
<br />-
<br />-
<br />-
<br />-
<br />2024
<br />8,709
<br />-
<br />-
<br />-
<br />-
<br />2025
<br />9,648
<br />-
<br />-
<br />-
<br />-
<br />2026
<br />10,212
<br />- .
<br />-
<br />1,975
<br />2,217
<br />2027
<br />10,639
<br />-
<br />-
<br />2,014
<br />2,217
<br />2028
<br />11,517
<br />-
<br />-
<br />2,054
<br />2,217
<br />2029
<br />11,540
<br />-
<br />-
<br />2,095
<br />2,217
<br />2030
<br />11,625
<br />3,263
<br />3,574
<br />2,137
<br />2,217
<br />2031
<br />11,910
<br />3,332
<br />3,574
<br />2,180
<br />2,217
<br />2032
<br />12,556
<br />3,402
<br />3,574
<br />2,223
<br />2,217
<br />2033
<br />12,862
<br />3,473
<br />3,574
<br />2,268
<br />2,217
<br />2034
<br />13,404
<br />3,546
<br />3,574
<br />2,313
<br />2,217
<br />2035
<br />13,035
<br />3,620
<br />3,574
<br />2,359
<br />2,217
<br />2036
<br />13,102
<br />3,696
<br />3,574
<br />2,407
<br />2,217
<br />2037
<br />12,370
<br />3,774
<br />3,574
<br />2,455
<br />2,217
<br />2038
<br />12,076
<br />3,853
<br />3,574
<br />2,504
<br />2,217
<br />2039
<br />13,828
<br />3,934
<br />3,574
<br />2,554
<br />2,217
<br />2040
<br />13,613
<br />4,016
<br />3,574
<br />2,605
<br />2,217
<br />Total
<br />224,525
<br />39,908
<br />39,316
<br />34,143
<br />33,253
<br />Total (NPV)
<br />105,773
<br />13,601
<br />13,601
<br />13,601
<br />13,601
<br />Source: FPL's Amended Response to Our Staff's First Data Request3
<br />FPL's standard offer contract, in type -and -strike format, is included as Attachment A to
<br />this Order. The changes made to FPL's tariff sheets are consistent with the updated avoided unit.
<br />Revisions include updates to calendar dates and payment information which reflect the current
<br />economic and financial assumptions for the avoided unit.
<br />3Document No. 02342-2020, filed May 1, 2020, in Docket No. 20200114 -EQ.
<br />2 -
<br />
|