Laserfiche WebLink
ORDER NO. PSC -2020 -0212 -PAA -EQ <br />DOCKET NO. 20200114 -EQ <br />PAGE 38 <br />Attachment A <br />LORID.A. POVER & I igtrr COMPANY Original Shcet No.10310 <br />(Continual from Sheet No. 10.309) <br />CALCULATION'OF FIXED VALUE OF DEFERRAL PAYMENTS-LEVVELTLED AND EARLY LEVELLED CAPACITY — <br />OPTION C &OPTION D,12ESPECT1VE1Y <br />Itioitthly Geed value of deferral payuteitts for Ievelized and early lavelizzcl capacity shall be v lculeted as folldas: <br />LVhero. <br />r. <br />Ft — 12 x 1-(1 +1. )4 <br />0 <br />the monthly:leveliied capacity payment, stating on or prior to the•in- <br />service date of the Connp'airy's Avoided Unit(s); <br />• the cumulative present value, in the year that the contractual payments <br />Will begin, of the avoided capital cost corunoitntt of the capacity <br />payments which would have been made had the capacity payments not <br />beeiileveiied; <br />r • the annual discount rate, defined as the Company's incremental after-tfx <br />cost ofcapital; <br />t • the temi, in years, oftire Standaard Offer Contract <br />0 = the monthly fixed operation and maintenance component of the capacity <br />payment;; calculated in accordance with calculation of the fixed value of <br />deferral payments for the Ievelized capacity or the early Ievelized <br />Capacity options. <br />Issued by: S. F. Romig, Director, Rates and Tariffs <br />Effective: May 22, 2007 <br />