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ORDER NO. PSC -2024 -0231 -PAA -EQ <br />DOCKET NO. 20240055 -EQ <br />PAGE 3 <br />Table 0 - Estimated Annual Payments to a 50 MW Renewable Facility <br />(94% Canacitv Factorl <br />Year <br />Energy <br />Payment <br />Capacity <br />Normal <br />Pa meat <br />Levelized <br />Early <br />Early <br />Levelized <br />$ 000 <br />$ 000 <br />$ 000 <br />$ 000 <br />$ 000 <br />2025 <br />12,342 <br />- <br />- <br />- <br />- <br />2026 <br />14,585 <br />- <br />- <br />- <br />- <br />2027 <br />15,291 <br />- <br />- <br />- <br />- <br />2028 <br />15,058 <br />- <br />- <br />- <br />- <br />2029 <br />17,741 <br />- <br />- <br />- <br />- <br />2030 <br />15,811 <br />- <br />- <br />1,779 <br />1,989 <br />2031 <br />13,216 <br />- <br />- <br />3,086 <br />3,409 <br />2032 <br />13,126 <br />- <br />- <br />3,151 <br />3,409 <br />2033 <br />14,806 <br />- <br />- <br />3,216 <br />3,409 <br />2034 <br />15,877 <br />3,075 <br />3,336 <br />3,283 <br />3,409 <br />2035 <br />16,332 <br />5,336 <br />5,718 <br />3,352 <br />3,409 <br />2036 <br />15,161 <br />5,447 <br />5,718 <br />3,421 <br />3,409 <br />2037 <br />16,969 <br />5,560 <br />5,718 <br />3,493 <br />3,409 <br />2038 <br />18,061 <br />5,676 <br />5,718 <br />3,565 <br />3,409 <br />2039 <br />20,314 <br />5,794 <br />5,718 <br />3,639 <br />3,409 <br />2040 <br />20,694 <br />5,915 <br />5,718 <br />3,715 <br />3,409 <br />2041 <br />21,951 <br />6,038 <br />5,718 <br />3,793 <br />3,409 <br />2042 <br />22,091 <br />6,164 <br />5,718 <br />3,872 <br />3,409 <br />2043 <br />23,705 <br />6,292 <br />5,718 <br />3,952 <br />3,409 <br />2044 <br />26,567 <br />2,644 <br />2,383 <br />1,661 <br />1,420 <br />Total <br />349,700 <br />57,944 <br />57,183 <br />48,978 <br />47,728 <br />Total (NPV) <br />1 157,383 <br />18,252 <br />1 18,252 <br />18,252 <br />18,252 <br />Source: P FL's Response to Commission Statt's First Data Request` <br />FPL's amended standard offer contract, in type -and -strike format, is included as <br />Attachment A to this Order. The changes made to FPL's tariff sheets are consistent with the <br />updated avoided unit. Revisions include updates to calendar dates and payment information, <br />which reflect the current economic and financial assumptions for the avoided unit. <br />Decision <br />We find that the provisions of FPL's renewable energy tariff and amended standard offer <br />contract conform to the requirements of Rules 25-17,200 through 25-17.310, F.A.C. The <br />amended standard offer contract offers multiple payment options so that a developer of <br />renewable generation may select the payment stream best suited to its financial needs. Therefore, <br />we approve the renewable energy tariff and amended standard offer contract. <br />2 In re: Petition for approval of renewable energy tariff & standard offer contract, by Fla. Power & Light Co., <br />Docket No. 20240055 -EQ, Document No. 02229-2024 (filed Apr. 22, 2024). <br />z3 -22 <br />