07/11/2023 - Laserfiche WebLink

Home Browse Search

ORDER NO. PSC -2023 -0180 -PAA -EQ DOCKET NO. 20230046 -EQ PAGE 29 on6mmed fram"l0teet`N 16201) tlon'B - Fixed Value of elerrsl''Payments - Early Caaaeiy Attachment A Page 24 of 42 10302 Payment schedules under this option are based upontheearly capital cost component of the value of a year -by -year deferral.of the Companys Avoided Unit provided, however, that under no circumstances may payments begin before the :is delivering fmn:capacity and energy to the Company pursuant to the terns of the Standard Offer Contract. When this option is selected, the capacity payments shall be made monthly commencing no earlier than the Capacity Delivery Date of the QS and calculated using the methodology shown on Appendixl. The QS shall selectthemonth and year in which the deliveries of firm capacity and energy to the Company are to- eminence and,Capacitypayments are to start; The Company will provide the QS with a schedule of capacity paynnent rates based on thmonth and year in which the deliveries of fur capacity and energy are to xxrmrnau and the term, of to S*-Iard Oft Appendixt Payment schedules under this option are based upon the level ized capital cost componentof the value of a yeas by -year deferral of the Company's Avoided Unit. The capital portion of capacity payments under this option shah consist of equal monthly payments over the team -of the Standard, Offer Contract, calculated as shown on Appendix 11 The fixed operation and maintenance portion of the capacity payments shall be equal to the value of the yew° by -year deferral of fixed operation and maintenance expense :associated with the Company's Avoided Unit. That methodology used to calculate this option is shown in Appendix I. The Company will provide the QS with. w schedule of capacity payment rates based on the month and year in which the deliveries of firm capacity and energy, are to commence and the tern of the Standard Offer Contract as specified in Appendix E. OvilonD - Fixed Value of Deferral Payment - Early Levelized Capacity Figment schedules under this option are based upon the early levelized capital cost component of the value of a+ yem-by-year deferral of the Company's Avoided Unit The capital portion of the capacity payments under this option shall"consist of, eqoal monthly payments over the tern of the Standard Offer Contract, calculated as shown. and t I. The fixed operation and m aintenance expense shall be calculated as shown in Appendix 1. At the; OpOori tlf (A xmtnents for early levelized capacity shall commence at any time before the anticipated in- service date of the Company's Avoided Unit as, specified in Appendix E, provided that the QS is delivering firm, capacity and energy to the Company pursuant to the terms of the Standard Offer Contract The Company will:: provide the QS with a schedule of capacity payment rates based on the month and year in which the defiverigs f fina; capacity and energy are to commenceand the term of the Standard Offer Contract as specked in Appendix E.. Ootion'-E— Flexible Payment Option Payment schedules under this option are based upon payment stream elected by the.QSconsist%ng of capital, component of the Company's avoided unit Payments can commence at any time after the actual in-service date cif the QS and before the anticipated in-service date of the utility's avoided unit, as specified in Appendix E„ provided thatthe ( is delivering firm capacity and energy to the Company pursuant to the terns of the Standard t3faet C #tn Opgardleas, of the payment stream elected by the QS, the cumulative present value of capital cost. paym#a std tt>txtaC*over the term of the contract shall not exceed the cumulative present value of the capital,, cost P*jffWftVdrwould have been made to the QS had such payments been made pursuant to FPSC Rule 25., 17Q(W2 , ,:tkC. Fixed operation and maintenance expense shall be calculated in conformance with Ru1q -F W16y The Qnikt ty vain .Ws p *a QS with a schedule of capacity, t t l on tho tads aiiCi iitApVft & X, (Continued on Sheet No. 10.303) Issued by: S. E- Romig, Director, Rates and Tariffs Effective- May 24 -2007