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ORDER NO. PSC -2021 -0252 -PAA -EQ <br />DOCKET NO. 20210067 -EQ <br />PAGE 37 <br />(Continued from ShleefNo. 10.309) <br />Attachment A <br />CAMULATION OFFIXED VALUKOF DEFERRAL PAYMENTS -LEVELIZED AND EARLY LEVELIZED CAPACITY. <br />OPTION C & OPTIOND, RESPECTIVELY <br />Monthly fixed y eof f.payments for levelized. dftd'.�arl leVelizb,dda adityshalIbe calculated as folldyk <br />Where: <br />PL = <br />(tie monthly levelizeJ capacity paym�nt, Starting on or 1xim 10 die ill- <br />servicci date of the CompMy's Avoided 006); <br />F — <br />ithe cumulative present value, in the ym that the contmetual payments <br />will beg in. of the avoided. capital cost component, of .the capacity <br />payments which would have been mde had the capaei4, payments not <br />beets tevelized, <br />r <br />the amival discount rate,; definadas, the Company's incremental after-tax <br />cost ofoapita); <br />t <br />tit- temaj in years; of the Standard Offer-Contmet, <br />0 <br />the monthly fixed operation and maintenance comix-tent of the capacity <br />paymenu., calculated inaccordance %vith calculation of the fixed value of <br />deictnl lxqinents 'far the levelized capacity cA the. early lovelized <br />caocityoptions, <br />Issued ky- S. E. Romig, Director, Rates and Tariffs <br />Effective: May 21,2007 <br />