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ORDER NO. PSC -2021 -0252 -PAA -EQ <br />DOCKET NO. 20210067 -EQ <br />PAGE 36 <br />Attachment A <br />,V JAAKUYAI-VWMM &J.414V.11 UUM IA4N V, uriginial NlIeCtINO-JUJ09 <br />(Coritinlued ffbill Sheet No: 110,308) <br />CALC1,—US,1,j1QN ff jqXFII'%fXLlT, 017,I)EWRIZAL PA3'k4r*NTS— FARI�VtA —017rL <br />PACITY ON --L� <br />Nonaa%,,,pq3uwaIs for Imu capaeity shall not contmence until the in -ser ice date orthe Company's Avoided Vnit(s): Attire option of the Q3, however, <br />tho'Company may b*11 mating payments for carlyeapacity Consisting or the wpitai "i component or the vahn, or a yearolT -yrew de <br />y Vital of the <br />*Ccainp=YrAvaided Unit Ftarting.mearly in, the in-venice date of the QS ficility. Nkliensuch payrnems for early cApuity are elpeted, the voided capital <br />Cost 0011INIVia ofeapacity payments shall be paid monthly commencing no earlier than the CAM6ty Delivery Date of the QS, W stiall be calculated aii <br />follow, <br />Wh&= <br />= ('+iPP"' ('I+i0)('-`I <br />12 12 <br />Where: <br />A. - IPORMI M-Irients to be mudeto the QS for each month of the -contract. year n, <br />in dcljmF.jxT ldloivaft per monfli,in uNch QS dclivm capa* pursivint to <br />the eady 0apacity option; <br />- annual escalation ado associated with the plant cost of the Cmpauyii <br />Avoided UTCO(sl <br />amitnil escalation rate lissiviawd urilb the operation and.maintenaive,expense <br />of the Corfij�wys Avoided Vnit(sj, <br />TIN Y" for which die fixed %likle of deferral payment tinder the early Capacity <br />opfion arotnade.to a QS, Gtartnig in yar one W ending in the year t; <br />the term, ill yezir&' ofthe Standard offer Contrwk <br />A, — F t G - RV(I - R ') I <br />F die cumulative present vilue, in the year that the contractual payments will begin, of the avoided <br />capital cost component of capacity. puyincrits Y;hidt would have, been made bad capacity <br />payments commenced pith the anticipated in-service date of the Company's Avoided Unit(s); <br />(I +iP)/(I +T) <br />annual (DWIRIfnne, defined as the Companys increme6w after-tax e(wofeapital; and <br />A. w" G [ (1 — R) 41 — R ) I <br />X"Ilere: <br />a I'lie conotlative present value, in4he year that the wntrac-fital payments %vill, txoiof the avoided <br />fixed operation and mainteriance expense compottent or capacity payineIIO %xinch would have been <br />tide had calm6ty payments oommeuxd with the witidpaud in-service date of die Coullmilys <br />Avoided Unit(s), <br />R (I -f io) /(I 4'r) <br />'The cuiently approved parimicAcra applicable to -the form" above are foundin Appendix 11, <br />fomfitrued on Siteet Xo, 10.3 10) <br />.,Issued by: S. E. Romig, Director, Rates and Tariffs <br />Effedim Muy22, 2007 <br />