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ORDER NO. PSC -2022 -0203 -PAA -EQ <br />DOCKET NO. 20220072 -EQ <br />PAGE 36 <br />Attachment A <br />91 tAlFx%AM^ U%PVTV.1% " X'gkyj."t I -.'"iVAViVN I urigirim ,nect iNii. twmim <br />APPENDIX I <br />TO WE SCHEDVLE QS -2 <br />CAIZU1.ATION 0FVAIATF OF DEFERRAL PAYMENTS <br />APPLI('MWjTY <br />Appendix I provides u detailed dwoiption of the methodology used by the Company to calculate the monthly vultws of deferring or avoiding die <br />Company's Avoided Unit identified in Schedule QS -2, When need in coiijunotton with the current FJl,'W-appmvod " paninift" associated with the <br />Comlianys Avoided Unit conWried in Appm-&x 11, a QS "toy determine the appucv"e value of defimml Capacity payment raw noodste4 With the <br />tinning and opetationofits particidw fa6lifyid-wold Ute QS euteriw a liwdanl 011er Contract with theODnipmy, <br />CALCULATION OFVAITTF, OF DEFERRAL OPTION A <br />FFSC Me 25-17.0832(5) specifies diat avoided cnpaily mats, in dollam per kilowatt per month, anodated with capacity sold to a amity by a QS <br />Pursuant to the Cmpanyls Standard Offer Contract slmfl be defined u thc)var•byjcur value ofde&md of the Company's Avoided Unit. Tlicycar4j- <br />year value of delerrul shall be the dillerence in revenue requiremmw associated with deferring the Conpany's Avoided Unit one year, and shad be <br />culculided as roll"Al: <br />Whcrc, for a one yeardvierrid: <br />VACm = uWityv monthly value of avoid mmeity and 0 &M, <br />in Ji)llare per kdowatj per month. tiir such month or <br />year It, <br />K p—t Value of ourfiroi chargee for one dollar of <br />investment over L yew vial carrying Charges <br />computed using ave"t fuinual raw base and awunud <br />to be paid at the middle of ca,;h yew and present valued <br />to die middle of the first year, <br />R (I + ie) A (I fix <br />tont direct and indirect colt, in mid -year dollm M <br />lilow Htl ituJuding AFIJD(' brit excluding CNVIP, of die <br />Con i pulys Avided Unit with an it"vrvicv date of %vv <br />14 induding all idotdillublo and quairtitimWe (.xww <br />relating 10 the comMuclion of the Conninny's Avoided <br />Unit which uvWd have been paid had the Unit ben <br />cvustru,tvd; <br />0. = total fixed operation and inainterianee expeive for duc <br />year n, in mid -year dollars tvr kilowatt per year, of the <br />Comlimy's Avoided U64 <br />j, - mutual wid, the plant cost of <br />the Couipany's Avoided Una(sl <br />im manual esc-alation into osociated with the operation and maintenance exImse of the Cxrnpm3,s <br />Avoided Unit(s), <br />r M mumal discount rate, defined w the uLdityls inefementul ullin-w cm ofcapital; <br />L - expected lift of the Compan)es Avoided Umt(sX mid <br />year for which the CompaWs Avoided Units) is (tire) dateffed starting with its (their) ongnuil <br />witicipated in-wreiee date(a) mid ending with the termination of die Conitimiys Standard Offer <br />Ckintrad. <br />(Continued <in Sheet No. 10.109) <br />Issued by: S. L Romig, Director, Rates and Tariffs <br />Effective: Alai 22,2007 <br />1'3u <br />