ARIZONA PUBLIC SERVICE COMPANY

Estimated Retail Rate Impact Due to Modeled Incremental Cost for SCR on FCPP

Inputs (2009 FERC F-1)

2009 Retail Revenues $ 2,962,740,059

2009 Retail Sales 28,173,296,000

FCPP 2009 Net Generation 15,639,500,000

Utility Share of FCPP 2009 Net Generation 6,045,897,147

Utility Share of FCPP Net Generation as % of Total 38.7%

2009 Average Retail Rate $ 0.10516

FCPP Incremental Cost Due to SCR - From Economic Analysis model

2011 2012 2013

$/kWh $ - $ - $ 0.00365

FCPP Incremental $ $ - $ - $ 57,088,376

Utility Share of Incremental $ $ - $ - $ 22,069,148

Escalation Factors (User defined)

Revenue Escalation 1.5% Escalates Retail Revenues each year below from 2009 report

Sales Escalation 1.5% Escalates Retail Sales (kWh) each year below from 2009 repo

Rate Impact Calculations

2010 2011 2012 2013

Estimated Retail Revenues $ 3,052,288,877 $ 3,098,073,210 $ 3,144,544,309

Utility's Share of SCR Incremental Cost $ - $ - $ 22,069,148

Estimated Total Utility Retail Revenues $ 3,052,288,877 $ 3,098,073,210 $ 3,166,613,457

Estimated Retail Sales (kWh) 29,024,833,872 29,460,206,380 29,902,109,475

Estimated Retail Rate w/SCR ($/kWh) $ 0.10516 $ 0.10516 $ 0.10590

Est. Retail Rate Without SCR ($/kWh) $ 0.10516 $ 0.10516 $ 0.10516

Incremental Rate Impact of SCR ($/kWh) $ - $ - $ 0.00074

% Increase In Retail Rates due to SCR 0.000% 0.000% 0.702%

Comments

Analysis estimates the impact of SCR at FCPP on the average utility retail rate by applying modeled incremental cost to historical & 

The incremental FCPP cost for each year 2011 through 2015 coming from the Economic Analysis is in nominal dollars 

Assumes that 100% of FCPP incremental cost is passed on to utility's customers in utility's retail rates

0% escalation in either or both retail revenues or sales would be very unexpected. 1.5% growth in both categories each year is con

Underlying Economic Analysis of FCPP incremental cost does not include:

 Impacts to utility retail rates as a result of change in ownership at FCPP

 Any life extending capital investment in FCPP

 Any carbon-related cost or other emissions/environmental costs
SOUTHERN CALIFORNIA EDISON

R on FCPP Estimated Retail Rate Impact Due to Modeled Increment

Inputs (2009 FERC F-1)

2009 Retail Revenues

kWh 2009 Retail Sales

kWh FCPP 2009 Net Generation

kWh Utility Share of FCPP 2009 Net Generation

Utility Share of FCPP Net Generation as % of Total

kWh 2009 Average Retail Rate

FCPP Incremental Cost Due to SCR - From Economic Analysis model

2014 2015

$ 0.00731 $ 0.00711 $/kWh

$ 114,303,253 $ 111,120,641 FCPP Incremental $

$ 44,187,200 $ 42,956,870 Utility Share of Incremental $

Escalation Factors

 year below from 2009 reported revenues Revenue Escalation

ch year below from 2009 reported volumes Sales Escalation

Rate Impact Calculations

2014 2015 2010

$ 3,191,712,473 $ 3,239,588,160 Estimated Retail Revenues

$ 44,187,200 $ 42,956,870 Utility's Share of SCR Incremental Cost

$ 3,235,899,673 $ 3,282,545,030 Estimated Total Utility Retail Revenues

 30,350,641,117 30,805,900,734 Estimated Retail Sales (kWh)

$ 0.10662 $ 0.10656 Estimated Retail Rate w/SCR ($/kWh)

$ 0.10516 $ 0.10516 Est. Retail Rate Without SCR ($/kWh)

$ 0.00146 $ 0.00139 Incremental Rate Impact of SCR ($/kWh)

1.384% 1.326% % Increase In Retail Rates due to SCR

cremental cost to historical & estimated retail revenues

nominal dollars 

th categories each year is conservative & within range of historical results
pact Due to Modeled Incremental Cost for SCR on FCPP

$ 9,491,118,770

 85,848,831,000 kWh

 15,639,500,000 kWh

 5,518,905,000 kWh

n as % of Total 35.3%

$ 0.11056 kWh

From Economic Analysis model

2011 2012 2013 2014 2015

$ - $ - $ 0.00365 $ 0.00731 $ 0.00711

$ - $ - $ 57,088,376 $ 114,303,253 $ 111,120,641

$ - $ - $ 20,145,486 $ 40,335,611 $ 39,212,524

(User defined)

1.5% Escalates Retail Revenues each year below from 2009 reported revenues

1.5% Escalates Retail Sales (kWh) each year below from 2009 reported volumes

2011 2012 2013 2014 2015

$ 9,777,987,835 $ 9,924,657,652 $ 10,073,527,517 $ 10,224,630,430 $ 10,377,999,886

$ - $ - $ 20,145,486 $ 40,335,611 $ 39,212,524

$ 9,777,987,835 $ 9,924,657,652 $ 10,093,673,003 $ 10,264,966,041 $ 10,417,212,410

 88,443,611,917 89,770,266,096 91,116,820,087 92,483,572,388 93,870,825,974

$ 0.11056 $ 0.11056 $ 0.11078 $ 0.11099 $ 0.11097

$ 0.11056 $ 0.11056 $ 0.11056 $ 0.11056 $ 0.11056

$ - $ - $ 0.00022 $ 0.00044 $ 0.00042

0.000% 0.000% 0.200% 0.394% 0.378%



E C/R Incorporated

Economic Analysis of Proposed EPA BART 

Determination on Four Corners Power Plant

R. Anderson

G. Mirich

1109

1 Architecture & Assumptions Overview of model methodology

2 Summary Sline Dep Table & graphic results under straight line depreciation

3 Summary Accel Dep Table & graphic results under accelerated depreciation

4 Summary Dprec Comps Table & graphic comparing impact of depreciation method

5 Input Table User input, links to input tabs, & assumptions defined

6 Annual Cash Flows Sline Comparative economic case cash flows under straight line

7 Annual Cash Flows Adep Comparative economic case cash flows under accelerated

8 Revised Ratebase Calculations of historical plant in service book value

9 Power Plant Profile Overview of FCPP

10 FERC F1 2009 2009 filing information from APS' FERC Form 1

Table of Contents

Client Name

Project Description

Lead Partner

Project Manager

Account Code

10 FERC F1 2009 2009 filing information from APS' FERC Form 1

11 Project Cost Data Emissions control capital & operations cost estimates

12 Depreciation Worksheet Straight line depreciation expenses for new capital 

13 Accel Dep Def Tax Rate Base Summary of accelerated depreciation expenses 

14 Unit 1 Accel Deprec Calculation of accelerated depreciation for Unit 1

15 Unit 2 Accel Deprec Calculation of accelerated depreciation for Unit 2

16 Unit 3 Accel Deprec Calculation of accelerated depreciation for Unit 3

17 Unit 4 Accel Deprec Calculation of accelerated depreciation for Unit 4

18 Unit 5 Accel Deprec Calculation of accelerated depreciation for Unit 5

19 Plant Financials Historical power plant financial information

20 Power Plant Units - Details General information regarding each plant unit

21 Annual Unit Emissions Historical volumetric record of emissions by unit

22 Plant Environmental Historical volumetric record of emissions by plant

23 Market Power Price Tables Projected forward power prices

24 EIA Low Tables from EIA AEO: Low case energy price inputs

25 EIA Reference Tables from EIA AEO: Reference case energy price inputs

26 EIA High Tables from EIA AEO: High case energy price inputs

Energy Strategies, LLC Banner Page
Business As Usual (BAU) Case

LNB Case (Low NOx Burners, Overfire Air)

SNCR Case (Selective Non-Catalytic Reduction)

Economic Analysis of Proposed EPA BART Determination

on Four Corners Power Plant

This case defines the incremental cost impacts of investment made to plant that are 

anticipated with or without additional controls (i.e. SNCR or SCR). The LNB Case capital and 

operating cost parameters include the plant - as its expected to perform - modified for 

inflation, over a 25 year assessment period, with the installation of LNB on units 1 and 2, and 

LNB/OFA on units 3-5. 

The key modeling outputs are costs for power in discounted dollars, total undiscounted 

dollar, and $/MWh for all cases. 

- Cost impacts to water rates, retail power rates, or other downstream costs/prices are not 

considered

This case defines the plant as it was in 2009. This plant configuration as it was in the 2009 

reporting year will have created the cost of generation metrics filed by the operator in its 

annual FERC F-1 filings. 

This case adds to the BAU Case the SCR related capital investment and increased operational 

expense. This case reports out total case costs as well incremental cost.

SCR Case (Selective Catalytic Reduction)

Market Trend Cases (Low, Mid, and High)

Additional Factors (i.e. CO2 compliance, MACT compliance, Ash/CCW handling costs) are not 

considered in this draft model

Major equipment replacement or capital investment to extend current BAU plant life is not 

assumed

This case adds to the BAU Case the SCR related capital investment and increased operational 

expense. This case reports out total case costs as well incremental cost.

These cases are included to allow comparison of the 25 year costs between retrofit options, as 

described above, and the estimated cost of procuring power from the market to replace the 

volumes unavailable in the case of a plant shut down

expense. This case reports out total case costs as well incremental cost.
E C/R

Energy Strategies

E.N. 1109

FOUR CORNERS POWER PLANT SCR COST ECONOMIC ANALYSIS

Item Description Units Inputs Source Information & Comments User Notes

BAU Case

Capital Expense (CAPEX) BAU Capital refers to plant already in service as of 2009. Does NOT include life extending investments

Installed Cost (2009) $0 $ 1,515,606,561 FERC F-1 2009

Accumulated Depreciation $0 $ 715,862,141 Calculated: Annual Depreciation Expense x Years in Service

Years In Service Yrs 43.0 Calculated: "Plant Profile". Avg plant installed life through 2009

Estimated Useful Life Yrs 70 Estimated based on years necessary for plant in service to deplete to near zero with life of pollution controls investments

Remaining Useful Life in 2010 Yrs 27 Calculated: Estimate Useful Life - Years In Service

Annual Depreciation Expense $0 $ 30,759,401 Calculated: Installed Cost / Estimated Useful Life. Results in straight line depreciation expense

Starting Ratebase $0 $ 799,744,420 Calculated 2010 Ratebase

Rate Base escalator test % 0% Escalation factor to test sensitivity of higher starting rate base for BAU Case & by connection all retrofit cases as well Currently disabled

Net Energy Produced MWh/Yr 15,741,572 Estimated based on the average of actual 2005, 2006, and 2009 data. 2007 and 2008 reported unusual 100 day outages

Capital Equipment Installation Schedule

Unit Number

Unit 1 Year 2015 Provided by EPA (A. Lee 7/29/10) Year adjustments must be combined with manipulation of Cash Flow sheets

Unit 2 Year 2015 Provided by EPA (A. Lee 7/29/10) Year adjustments must be combined with manipulation of Cash Flow sheets

Unit 3 Year 2015 Provided by EPA (A. Lee 7/29/10) Year adjustments must be combined with manipulation of Cash Flow sheets

Unit 4 Year 2013 Provided by EPA (A. Lee 7/29/10) Year adjustments must be combined with manipulation of Cash Flow sheets

Unit 5 Year 2014 Provided by EPA (A. Lee 7/29/10) Year adjustments must be combined with manipulation of Cash Flow sheets

LNB/OFA Low NOx Burners/overfire Air

CASE 'ON / OFF' SWITCH Type "OFF" to switch off this Case's incremental costs Using switch will replace CAPEX and OPEX with $0 - effectively removing the case

Capital Expense (CAPEX)

Unit 1 LNB $0 $ 4,109,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 2 LNB $0 $ 4,109,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 3 LNB OFA $0 $ 4,701,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 4 LNB OFA $0 $ 15,260,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 5 LNB OFA $0 $ 15,260,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Total $ 43,439,000

Estimated Useful Life 20 Basis for straight line depreciation expense. Creates annual depreciation expense. See "Depreciation Worksheet" tab

Cost Estimate Error Percentage 0% User defined % + or - original cost estimate User defined adjustor to baseline 2008$ cost estimates. Raises all equally.

Depreciation Expense 

Unit 1 $ per Year $ 242,936 Calculated value See "Depreciation Worksheet" tab

Unit 2 $ per Year $ 242,936 Calculated value See "Depreciation Worksheet" tab

Unit 3 $ per Year $ 277,937 Calculated value See "Depreciation Worksheet" tab

Unit 4 $ per Year $ 850,426 Calculated value See "Depreciation Worksheet" tab

Unit 5 $ per Year $ 875,939 Calculated value See "Depreciation Worksheet" tab

Total $ 2,490,174

Operating Expense (OPEX)

Unit 1 $0 $ 265,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab

Unit 2 $0 $ 265,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab

Unit 3 $0 $ 304,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab

Unit 4 $0 $ 1,008,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab

Unit 5 $0 $ 1,008,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab

Total $ 2,850,000

DATA INPUT FIELDS INDICATED BY THIS COLOR

ASSUMPTIONS AND DATA INPUTS

Capital Expense (CAPEX) & Operating Expense (OPEX)

Table of Assumptions

090000648107967e.xlsx

Input Table
E C/R

Energy Strategies

E.N. 1109

FOUR CORNERS POWER PLANT SCR COST ECONOMIC ANALYSIS

Item Description Units Inputs Source Information & Comments User Notes

DATA INPUT FIELDS INDICATED BY THIS COLOR

ASSUMPTIONS AND DATA INPUTS

Plant Efficiency Impacts

Reduction in Output Due to Project Percentage 0% Reduction in plant efficiency (MWh output) by percentage Currently disabled

SNCR Non-Catalytic Reduction

CASE 'ON / OFF' SWITCH Type "OFF" to switch off this Case's incremental costs Using switch will replace CAPEX and OPEX with $0 - effectively removing the case

Capital Expense (CAPEX)

Unit 1 $0 $ 10,866,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 2 $0 $ 10,742,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 3 $0 $ 12,137,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 4 $0 $ 25,890,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 5 $0 $ 25,890,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Total $ 85,525,000

Estimated Useful Life 20 Basis for straight line depreciation expense. Creates annual depreciation expense. See "Depreciation Worksheet" tab

Cost Estimate Error Percentage 0% User defined % + or - original cost estimate

Depreciation Expense 

Unit 1 $ per Year $ 642,430 Calculated value See "Depreciation Worksheet" tab

Unit 2 $ per Year $ 635,099 Calculated value See "Depreciation Worksheet" tab

Unit 3 $ per Year $ 717,576 Calculated value See "Depreciation Worksheet" tab

Unit 4 $ per Year $ 1,442,826 Calculated value See "Depreciation Worksheet" tab

Unit 5 $ per Year $ 1,486,111 Calculated value See "Depreciation Worksheet" tab

Total $ 4,924,041

Operating Expense (OPEX)

Unit 1 $0 $ 2,578,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 2 $0 $ 2,224,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 3 $0 $ 2,597,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 4 $0 $ 6,531,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Unit 5 $0 $ 6,531,000 APS Aug 2008 BART Cost Filing, Letter to EPA See "Project Cost Data" tab for inputs

Total $ 20,461,000

Plant Efficiency Impacts

Reduction in Output Due to Project Percentage 0% Reduction in plant efficiency (MWh output) by percentage 

SCR Catalytic Reduction

Unit Cost $,MWh, S Line Depreciation $ 4.56 Based on units selected at left. Non-discounted cash flows & unit specific incremental costs. No change in net MWh produced. Result from "Summary Sline Dep" tab

Unit Cost $,MWh, Accel Depreciation $ 3.88 Based on units selected at left. Non-discounted cash flows & unit specific incremental costs & MWh production Result from :Summary Accel Dep" tab

Capital Expense (CAPEX) Units Selected 4,5 Reports out the units selected for SCR for this cash flow Users selection via "ON" swith are confirmed here & also reported on summary tabs

"ON" or blank Unit 1 $0 $ - Costs Provided by EPA Switch allows user to remove unit from case. See "Project Cost Data" tab for estimate

"ON" or blank Unit 2 $0 $ - Costs Provided by EPA Switch allows user to remove unit from case. See "Project Cost Data" tab for estimate

"ON" or blank Unit 3 $0 $ - Costs Provided by EPA Switch allows user to remove unit from case. See "Project Cost Data" tab for estimate

"ON" or blank on Unit 4 4, $0 $ 217,727,260 Costs Provided by EPA Switch allows user to remove unit from case. See "Project Cost Data" tab for estimate

"ON" or blank on Unit 5 5 $0 $ 217,727,260 Costs Provided by EPA Switch allows user to remove unit from case. See "Project Cost Data" tab for estimate

Total $ 435,454,520

Estimated Useful Life 20

Cost Estimate Error Percentage 0% User defined Currently disables

Depreciation Expense 

Unit 1 $ per Year $ - Calculated value See "Depreciation Worksheet" tab

Unit 2 $ per Year $ - Calculated value See "Depreciation Worksheet" tab

Unit 3 $ per Year $ - Calculated value See "Depreciation Worksheet" tab

Unit 4 $ per Year $ 12,133,739 Calculated value See "Depreciation Worksheet" tab

Unit 5 $ per Year $ 12,497,751 Calculated value See "Depreciation Worksheet" tab

Table of Assumptions

090000648107967e.xlsx

Input Table
E C/R

Energy Strategies

E.N. 1109

FOUR CORNERS POWER PLANT SCR COST ECONOMIC ANALYSIS

Item Description Units Inputs Source Information & Comments User Notes

DATA INPUT FIELDS INDICATED BY THIS COLOR

ASSUMPTIONS AND DATA INPUTS

Total $ 24,631,491

Operating Expense (OPEX)

Unit 1 $0 $ - Provided by EPA See "Project Cost Data" tab for inputs

Unit 2 $0 $ - Provided by EPA See "Project Cost Data" tab for inputs

Unit 3 $0 $ - Provided by EPA See "Project Cost Data" tab for inputs

Unit 4 $0 $ 8,189,000 Provided by EPA See "Project Cost Data" tab for inputs

Unit 5 $0 $ 8,189,000 Provided by EPA See "Project Cost Data" tab for inputs

Total $ 16,378,000

Plant Efficiency Impacts

Reduction in Output Due to Project Percentage 0% Reduction in plant efficiency (MWh output) by percentage User defined "efficiency penalty" for SCR. Creates higher lower net MWh production.

Table of Assumptions

090000648107967e.xlsx

Input Table
E C/R

Energy Strategies

E.N. 1109

FOUR CORNERS POWER PLANT SCR COST ECONOMIC ANALYSIS

Item Description Units Inputs Source Information & Comments User Notes

DATA INPUT FIELDS INDICATED BY THIS COLOR

ASSUMPTIONS AND DATA INPUTS

Carbon adder impacts only BAU, LNB and SCR cases. Market cases are not impacted

BAU Cost Impact Check $ 5,688 Undiscounted $ Start Carbon Tax in 2013

CO2e Compliance Cost $ 33.95 $ 5,688 33.95

Implementation Year Year $ 8,454 52.35

Coal as % of market purchased power 60.00% $ 12,602 79.95

Compliance Cost Curve

Year 1 $ per ton/year $ - Cost is levelized in model to one value for each year. Individual yearly CO2 values can be added later

2014

Additional Factors (Hg, Ash below not in use)

Table of Assumptions

090000648107967e.xlsx

Input Table
E C/R

Energy Strategies

E.N. 1109

FOUR CORNERS POWER PLANT SCR COST ECONOMIC ANALYSIS

Item Description Units Inputs Source Information & Comments User Notes

DATA INPUT FIELDS INDICATED BY THIS COLOR

ASSUMPTIONS AND DATA INPUTS

General

Annual Percentage 3.00% Estimated User defined

Capital Expense (CAPEX) Percentage 3.00% Estimated User defined

Operating Expense (OPEX) 

Fuel Cost (coal) Percentage Annual % EIA Reference Case Coal Year Over Year % Increase

Non-fuel Variable O&M Percentage 3.00% Estimated User defined

Maintenance Expense Percentage 3.00% Estimated User defined

2010 Inflation Adjustment

2006 to 2010 Factor 1.09 Federal Reserve Bank CPI Calculator. Used to bring APS' 2008 cost estimates to 2010$ Escalation from 2010 to install year$ occurs on "Depreciation Worksheet" tab

2007 to 2010 Factor 1.06 Federal Reserve Bank CPI Calculator. Used to bring APS' 2008 cost estimates to 2010$ Escalation from 2010 to install year$ occurs on "Depreciation Worksheet" tab

2008 to 2010 Factor 1.02 Federal Reserve Bank CPI Calculator. Used to bring APS' 2008 cost estimates to 2010$ Escalation from 2010 to install year$ occurs on "Depreciation Worksheet" tab

2009 to 2010 Factor 1.02 Federal Reserve Bank CPI Calculator. Used to bring APS' 2008 cost estimates to 2010$ Escalation from 2010 to install year$ occurs on "Depreciation Worksheet" tab

Discount Rate 9.00% Estimated After-Tax Discount Rate. Weighted cost of capital at 50%-50% debt to equity Changes to this factor will change NPV outcomes

Amortization Rate Percentage 15.00% Rate Supplied by SRP in Aug 2008 BART Filing. Used in Base and SCR ROR Calculations Similar to calculated Pre-Tax ROR used in BAU Case

Pre-Tax Rate of Return (BAU) Percentage 17.25% Estimated ROR on Book Value. 8% Combined ROE and Debt Uplifted to Pretax by dividing by 35% Changes should be made in the "example table" below/left of this row

Example RoR Pre-Tax Pre-Tax Inputs. The weighted Pre-Tax ROR is only used in the BAU Case

Equity 50% 28% 11.00% Gross up from Pre-Tax input assumes 40% assumes some state tax above marginal tax rate. User defined

Debt 50% 7% 7.00% Utilized in BAU Case Only. Debt is not grossed up for Pre-Tax RoR User defined

17.25%

Post Tax Conversion

Inflation 

Financial Inputs

Table of Assumptions

090000648107967e.xlsx

Input Table
E C/R

Energy Strategies

E.N. 1109

FCPP ASSESSMENT MODEL SUMMARY REPORT Exhibit 1

4,5

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$ 5,688 $ 5,776 $ 6,459 $ 7,008 $ 7,356 $ 7,746

 $ 88 $ 771 $ 1,320 $ 1,668 $ 2,058 

 % 2% 14% 23% 29% 36%

 $ 683 $ 1,232 $ 1,581 $ 1,970 

12% 21% 27% 34%

$ 33.95 $ 34.51 $ 38.51 $ 44.51 $ 48.09 $ 51.92

$/MWh Incremental to BAU $ 4.56 $ 10.55 $ 14.13 $ 17.97

Units Modeled with SCR >> <<< SELECTION

FCPP - Summary Cost Comparisons

(2011-2035) Straight Line Depreciation

Per MWh Costs (25 year non-discounted $ cost / 25 year MWh)

NPV 25 Year Cost by Case ($Million)

Difference in Cost for Case vs. BAU Case ($Million)

Difference in Cost for Case vs. LNB Case ($Million)

 % 

$-

$1,000 

$2,000 

$3,000 

$4,000 

$5,000 

$6,000 

$7,000 

$8,000 

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$5,688 $5,776

$6,459 $7,008

$7,356 $7,746

25 Year Cost of Power by Case - Straight Line Depreciation

2011-2035 NPV ($Million)

$-

$500.00 

$1,000.00 

$1,500.00 

$2,000.00 

$2,500.00 

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$88 

$771 

$1,320 

$1,668 

$2,058 

25 Yr Cost Incremental to BAU - Straight Line Depreciation

2011-2035 NPV ($Million)

090000648107967e.xlsx

Summary SLine Dep
E C/R

Energy Strategies

E.N. 1109

FCPP ASSESSMENT MODEL SUMMARY REPORT Exhibit 1

4,5

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$ 5,688 $ 5,764 $ 6,341 $ 7,008 $ 7,356 $ 7,746

 $ 76 $ 653 $ 1,320 $ 1,668 $ 2,058 

 % 1% 11% 23% 29% 36%

 $ 577 $ 1,243 $ 1,592 $ 1,981 

10% 22% 28% 34%

$ 33.95 $ 34.44 $ 37.83 $ 44.51 $ 48.09 $ 51.92

$/MWh Incremental to BAU $ 3.88 $ 10.55 $ 14.13 $ 17.97

<<< SELECTION

Per MWh Costs (25 year non-discounted $ cost / 25 year MWh)

FCPP - Summary Cost Comparisons

(2011-2035) Accelerated Depreciation

NPV 25 Year Cost by Case ($Million)

Difference in Cost for Case vs. BAU Case ($Million)

Difference in Cost for Case vs. LNB Case ($Million)

 % 

Units Modeled with SCR >>

$-

$1,000 

$2,000 

$3,000 

$4,000 

$5,000 

$6,000 

$7,000 

$8,000 

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$5,688 $5,764 $6,341

$7,008

$7,356 $7,746

25 Year Cost of Power by Case - Accelerated Depreciation

2011-2035 NPV ($Million)

$-

$500.00 

$1,000.00 

$1,500.00 

$2,000.00 

$2,500.00 

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$76 

$653 

$1,320 

$1,668 

$2,058 

25 Yr Cost Incremental to BAU - Accelerated Depreciation

2011-2035 NPV ($Million)

090000648107967e.xlsx

Summary Accel Dep
E C/R

Energy Strategies

E.N. 1109

FCPP ASSESSMENT MODEL SUMMARY REPORT Exhibit 1

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

Market

Low Trend

Market

Mid Trend

Market

High Trend

$ - $ 11 $ 118 $ - $ - $ -

FCPP - Summary Cost Comparisons (25 Yr NPV)

Reduction in NPV by Case Due to Accelerated Depreciation

NPV 25 Year Cost by Case ($Million)

$-

$20 

$40 

$60 

$80 

$100 

$120 

BAU Case LNB Case

(BAU + LNB)

SCR Case

(BAU + SCR)

$0

$11

$118

Cost Reduction by Case Using Accelerated 

Depreciation over Straight Line

2011-2035 NPV ($Million)

090000648107967e.xlsx

Summary Dprec Comps
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

Four Corners Power Plant (FCPP) Economic Assessment Model

Case

Names Description

Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Year No. Starting 2011 NA NA NA NA NA NA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Year No. Starting 2016 NA NA NA NA NA NA NA NA NA NA NA 1 2 3 4 5 6 7 8 9 10

1/1/2005 1/1/2006 1/1/2007 1/1/2008 1/1/2009 1/1/2010 1/1/2011 1/1/2012 1/1/2013 1/1/2014 1/1/2015 1/1/2016 1/1/2017 1/1/2018 1/1/2019 1/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 1/1/2025

Units

25 YR NPV

From 2011

a Generation Statistics

b Gross Capacity MW 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270

c Operating Capacity MW 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060

d Efficiency Vs. Base Case Efficiency % 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

e Net Generation MWh 393,539,308 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

f Capacity Factor % 87% 88% 81% 81% 87% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85%

BAU Case Plant As Operated Through 2008

1 Capital Expense (CAPEX)

2 Depreciation Expense

3 Net Plant in Service $000 $ 799,744 $ 768,985 $ 738,226 $ 707,466 $ 676,707 $ 645,947 $ 615,188 $ 584,429 $ 553,669 $ 522,910 $ 492,150 $ 461,391 $ 430,632 $ 399,872 $ 369,113 $ 338,353

4 Annual Depreciation Expense $000 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759

5 Accumulated Depreciation $000 715,862 746,622 777,381 808,140 838,900 869,659 900,419 931,178 961,937 992,697 1,023,456 1,054,216 1,084,975 1,115,734 1,146,494 1,177,253

6

7 Return on Capital

8 Debt & Equity Return $000 975 132,650 127,344 122,038 116,732 111,426 106,120 100,814 95,508 90,202 84,896 79,590 74,284 68,978 63,672 58,366

9 $ per MWh 8.43 8.09 7.75 7.42 7.08 6.74 6.40 6.07 5.73 5.39 5.06 4.72 4.38 4.04 3.71

10

11 Total CAPEX (Depreciation + Return on Capital) $000 1,304 163,409 158,103 152,797 147,491 142,185 136,879 131,573 126,267 120,961 115,655 110,349 105,043 99,737 94,431 89,125

12 $ per MWh 10.38 10.04 9.71 9.37 9.03 8.70 8.36 8.02 7.68 7.35 7.01 6.67 6.34 6.00 5.66

13 Operating Expense (OPEX)

14 Fuel Expenses

15 Cost Price Change (Year over Year) % -9.1% -2.0% 1.1% 0.1% 0.3% 0.6% 0.0% 0.5% 0.2% -0.3% -0.3% -0.4% 0.0% -0.1% -0.1% 0.3%

16 Fuel Expense $000 2,596 225,438 239,638 234,381 273,188 266,223 242,005 237,146 239,775 240,118 240,871 242,284 242,275 243,551 244,085 243,276 242,509 241,621 241,675 241,348 241,180 241,962

17 $ per MWh 14.44 15.01 16.06 18.60 17.02 15.37 15.06 15.23 15.25 15.30 15.39 15.39 15.47 15.51 15.45 15.41 15.35 15.35 15.33 15.32 15.37

18

19 Non-Fuel Operating & Maintenance Expenses

20 Operating Expenses

21 Op. Supervision & Engineering $000 3,274 3,358 2,981 3,184 4,155 4,279.95 4,408.35 4,541 4,677 4,817 4,962 5,110 5,264 5,422 5,584 5,752 5,924 6,102 6,285 6,474 6,668

22 Total Steam/Hydraulic Expense $000 19,551 21,939 22,065 23,188 26,150 26,934.21 27,742.24 28,575 29,432 30,315 31,224 32,161 33,126 34,119 35,143 36,197 37,283 38,402 39,554 40,740 41,963

23 Electric Expenses $000 2,639 2,587 2,636 2,726 2,783 2,866.55 2,952.54 3,041 3,132 3,226 3,323 3,423 3,525 3,631 3,740 3,852 3,968 4,087 4,210 4,336 4,466

24 Misc. Power Expenses $000 11,642 14,598 15,366 15,093 14,845 15,290.83 15,749.56 16,222 16,709 17,210 17,726 18,258 18,806 19,370 19,951 20,550 21,166 21,801 22,455 23,129 23,823

25 Rents $000 1,716 1,550 1,694 1,352 1,715 1,766.72 1,819.72 1,874 1,931 1,988 2,048 2,110 2,173 2,238 2,305 2,374 2,446 2,519 2,594 2,672 2,752

26 Allowances $000 - - - - - - - - - - - - - - - - - - - - -

27 Total Non-Fuel Operating Expenses $000 724 38,822 44,032 44,742 45,543 49,649 51,138.26 52,672.41 54,253 55,880 57,557 59,283 61,062 62,894 64,780 66,724 68,726 70,787 72,911 75,098 77,351 79,672

28 2.49 2.76 3.07 3.10 3.17 3.25 3.35 3.45 3.55 3.66 3.77 3.88 4.00 4.12 4.24 4.37 4.50 4.63 4.77 4.91 5.06

29 Maintenance Expenses 

30 Supervision & Engineering $000 2,883 3,210 3,443 2,606 3,683 3,794 3,908 4,025 4,146 4,270 4,398 4,530 4,666 4,806 4,950 5,099 5,251 5,409 5,571 5,738 5,911

31 Structures $000 1,986 2,500 1,913 2,269 3,161 3,256 3,354 3,455 3,558 3,665 3,775 3,888 4,005 4,125 4,249 4,376 4,507 4,643 4,782 4,925 5,073

32 Boiler/Reactor/Reservoirs & Dams $000 39,613 34,551 39,646 50,912 43,414 44,716 46,058 47,439 48,863 50,328 51,838 53,393 54,995 56,645 58,344 60,095 61,898 63,755 65,667 67,637 69,666

33 Electric Plant $000 6,056 8,252 11,168 12,755 10,091 10,394 10,705 11,026 11,357 11,698 12,049 12,410 12,783 13,166 13,561 13,968 14,387 14,819 15,263 15,721 16,193

34 Misc. Plant $000 9,351 9,886 11,127 14,656 12,562 12,939 13,327 13,727 14,139 14,563 15,000 15,450 15,913 16,391 16,882 17,389 17,911 18,448 19,001 19,571 20,159

35 Total Maintenance Expenses $000 1,063 59,889 58,399 67,298 83,198 72,911 75,099 77,352 79,672 82,062 84,524 87,060 89,672 92,362 95,133 97,987 100,926 103,954 107,073 110,285 113,593 117,001

36 $ per MWh 3.84 3.66 4.61 5.67 4.66 4.77 4.91 5.06 5.21 5.37 5.53 5.70 5.87 6.04 6.22 6.41 6.60 6.80 7.01 7.22 7.43

37 Production Costs

38 CO2 cost If Included $ - 4,384 324,149 342,069 346,420 401,929 388,783 368,242 367,170 373,699 378,061 382,952 388,628 393,008 398,807 403,999 407,987 412,161 416,362 421,659 426,731 432,125 438,635

39 Total Production $ per MWh 20.76 21.42 23.73 27.37 24.86 23.39 23.32 23.74 24.02 24.33 24.69 24.97 25.33 25.66 25.92 26.18 26.45 26.79 27.11 27.45 27.86

40

BAU Total Cost of Electricity

Cost of Electricity $000 5,688 20.76 21.42 23.73 27.37 24.86 368,241.6 530,579 531,803 530,858 530,443 530,813 529,887 530,380 530,266 528,948 527,816 526,712 526,702 526,468 526,556 527,761

Cost of Electricity $ per MWh NA NA NA NA NA 23.39 33.71 33.78 33.72 33.70 33.72 33.66 33.69 33.69 33.60 33.53 33.46 33.46 33.44 33.45 33.53

LNB Case BAU Plant + LNB and LNB/OFA

SNCR Case Base Case + NON-CATALYTIC REDUCTION

SCR Case Base Case Plant + SELECTIVE CATALYTIC REDUCTION

1 Net Generation MWh 314,831,447 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1 $000 - - - - - - - - - - - -

5 Unit 2 $000 - - - - - - - - - - - -

6 Unit 3 $000 - - - - - - - - - - - - -

7 Unit 4 $000 - - 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

8 Unit 5 $000 - - - 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

9 Total Incremental Plant in Service $000 - - 242,675 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value $000 - - - - - - - - - - -

14 Annual Depreciation Expense $000 - - - - - - - - - - -

Ending Book Vaue - - - - - - - - - - -

BAU

LNB

SNCR

SCR

Plant As Operated Through 2009

BAU + Incremental LNB & LNB/OFA

BAU Case + Incremental SNCR

BAU Case + Incremental SCR

$Million

2015

2015

2015

2013

2014

090000648107967e.xlsx

Annual Cash Flows SLine
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

15 Accumulated Depreciation $000 - - - - - - - - - - -

16 Unit 2

17 Starting Book Value $000 - - - - - - - - - - -

18 Annual Depreciation Expense $000 - - - - - - - - - - -

Ending Book Vaue - - - - - - - - - - -

19 Accumulated Depreciation $000 - - - - - - - - - - -

20 Unit 3

21 Starting Book Value $000 - - - - - - - - - - -

22 Annual Depreciation Expense $000 - - - - - - - - - - -

Ending Book Vaue - - - - - - - - - - -

23 Accumulated Depreciation $000 - - - - - - - - - - -

24 Unit 4

25 Starting Book Value $000 242,675 230,541 218,407 206,274 194,140 182,006 169,872 157,739 145,605 133,471 121,337 109,204 97,070

26 Annual Depreciation Expense $000 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134

Ending Book Vaue 230,541 218,407 206,274 194,140 182,006 169,872 157,739 145,605 133,471 121,337 109,204 97,070 84,936

27 Accumulated Depreciation $000 12,134 24,267 36,401 48,535 60,669 72,802 84,936 97,070 109,204 121,337 133,471 145,605 157,739

28 Unit 5

29 Starting Book Value $000 249,955 237,457 224,960 212,462 199,964 187,466 174,969 162,471 149,973 137,475 124,978 112,480

30 Annual Depreciation Expense $000 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498

Ending Book Vaue 237,457 224,960 212,462 199,964 187,466 174,969 162,471 149,973 137,475 124,978 112,480 99,982

31 Accumulated Depreciation $000 12,498 24,996 37,493 49,991 62,489 74,987 87,484 99,982 112,480 124,978 137,475 149,973

32

33 Total Incremental Depreciation Expense - - 12,134 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631

34

35

36 Return on Capital

37 Book Value $000 2,614 - - 242,675 480,496 455,865 431,233 406,602 381,970 357,339 332,707 308,076 283,444 258,813 234,181 209,550

38 Debt & Equity Return $000 392 - - 36,401 72,074 68,380 64,685 60,990 57,296 53,601 49,906 46,211 42,517 38,822 35,127 31,432

39

40 Total Incremental CAPEX $000 590 - - 48,535 96,706 93,011 89,316 85,622 81,927 78,232 74,538 70,843 67,148 63,453 59,759 56,064

41 $ per MWh - - 3.08 6.14 5.91 5.67 5.44 5.20 4.97 4.74 4.50 4.27 4.03 3.80 3.56

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1 $000 - - - - - - - - - - - - - - - -

45 Unit 2 $000 - - - - - - - - - - - - - - - -

46 Unit 3 $000 - - - - - - - - - - - - - - - -

47 Unit 4 $000 - - - 8,926 9,172 9,417 9,663 9,909 10,154 10,400 10,646 10,891 11,137 11,383 11,628 11,874

48 Unit 5 $000 - - - - 9,172 9,417 9,663 9,909 10,154 10,400 10,646 10,891 11,137 11,383 11,628 11,874

49 Total Incremental OPEX $000 181 - - - 8,926 18,343 18,835 19,326 19,817 20,309 20,800 21,291 21,783 22,274 22,765 23,257 23,748

50 Total Incremental OPEX $ per MWh 0.00 0.00 0.00 0.57 1.17 1.20 1.23 1.26 1.29 1.32 1.35 1.38 1.41 1.45 1.48 1.51

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX $000 771 - - 57,461 115,049 111,846 108,642 105,439 102,236 99,032 95,829 92,626 89,422 86,219 83,015 79,812

54 Unit Cost: Total Incremental $ per MWh 0.00 0.00 3.65 7.31 7.11 6.90 6.70 6.49 6.29 6.09 5.88 5.68 5.48 5.27 5.07

55

56

SCR Case Total Cost of Electricity

BAU Case Cost + Incremental Cost $000 6,459 $ 530,579 $ 531,803 $ 588,319 $ 645,492 $ 642,659 $ 638,530 $ 635,819 $ 632,502 $ 627,980 $ 623,645 $ 619,337 $ 616,124 $ 612,687 $ 609,572 $ 607,573 

BAU Case Cost + Incremental Cost $ per MWh 33.71 33.78 37.37 41.01 40.83 40.56 40.39 40.18 39.89 39.62 39.34 39.14 38.92 38.72 38.60

Case Comparisons - - 3.65 7.31 7.11 6.90 6.70 6.49 6.29 6.09 5.88 5.68 5.48 5.27 5.07

BAU Case NPV 5,688

Undiscounted 13,362

$ per MWh 33.95

LNB Case NPV 5,776

Undiscounted 13,581

$ per MWh 34.51

SNCR Case NPV 6,012

Undiscounted 14,247

$ per MWh 36.20

SCR Case NPV 6,459

Undiscounted 15,157

$ per MWh 38.51

MARKET Cases NPV 7,008 Market Power Prices Contribute to "Market Cases" starting in 2016 When Plant Shuts Down. BAU Prices Until Then.

Undiscounted 17,516 Low Trend 530,579 531,803 530,858 530,443 530,813 740,049 729,271 722,872 720,431 722,020 719,963 722,839 727,387 735,716 742,719

$ per MWh 44.51 $ 33.71 $ 33.78 $ 33.72 $ 33.70 $ 33.72 $ 47.01 $ 46.33 $ 45.92 $ 45.77 $ 45.87 $ 45.74 $ 45.92 $ 46.21 $ 46.74 $ 47.18

NPV 7,356

Undiscounted 18,925 Mid Trend 530,579 531,803 530,858 530,443 530,813 757,535 755,588 754,013 754,503 766,422 773,853 778,857 780,300 772,960 778,358

$ per MWh 48.09 $ 33.71 $ 33.78 $ 33.72 $ 33.70 $ 33.72 $ 48.12 $ 48.00 $ 47.90 $ 47.93 $ 48.69 $ 49.16 $ 49.48 $ 49.57 $ 49.10 $ 49.45

NPV 7,746

Undiscounted 20,433 High Trend 530,579 531,803 530,858 530,443 530,813 771,825 778,106 786,713 799,715 815,519 820,163 815,006 826,858 847,837 868,069

$ per MWh 51.92 $ 33.71 $ 33.78 $ 33.72 $ 33.70 $ 33.72 $ 49.03 $ 49.43 $ 49.98 $ 50.80 $ 51.81 $ 52.10 $ 51.77 $ 52.53 $ 53.86 $ 55.14

2015

2015

2015

2013

2014

090000648107967e.xlsx

Annual Cash Flows SLine
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

Four Corners Power Plant (FCPP) Economic Assessment Model

Case

Names Description

a Generation Statistics

b Gross Capacity

c Operating Capacity

d Efficiency Vs. Base Case Efficiency

e Net Generation

f Capacity Factor

BAU Case Plant As Operated Through 2008

1 Capital Expense (CAPEX)

2 Depreciation Expense

3 Net Plant in Service

4 Annual Depreciation Expense

5 Accumulated Depreciation

6

7 Return on Capital

8 Debt & Equity Return

9

10

11 Total CAPEX (Depreciation + Return on Capital)

12

13 Operating Expense (OPEX)

14 Fuel Expenses

15 Cost Price Change (Year over Year)

16 Fuel Expense

17

18

19 Non-Fuel Operating & Maintenance Expenses

20 Operating Expenses

21 Op. Supervision & Engineering

22 Total Steam/Hydraulic Expense

23 Electric Expenses

24 Misc. Power Expenses

25 Rents

26 Allowances

27 Total Non-Fuel Operating Expenses

28

29 Maintenance Expenses 

30 Supervision & Engineering

31 Structures

32 Boiler/Reactor/Reservoirs & Dams

33 Electric Plant

34 Misc. Plant

35 Total Maintenance Expenses

36

37 Production Costs

38 CO2 cost If Included

39 Total Production

40

BAU Total Cost of Electricity

Cost of Electricity

Cost of Electricity

LNB Case BAU Plant + LNB and LNB/OFA

SNCR Case Base Case + NON-CATALYTIC REDUCTION

SCR Case Base Case Plant + SELECTIVE CATALYTIC REDUCTION

1 Net Generation

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1

5 Unit 2

6 Unit 3

7 Unit 4

8 Unit 5

9 Total Incremental Plant in Service

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value

14 Annual Depreciation Expense

Ending Book Vaue

BAU

LNB

SNCR

SCR

Plant As Operated Through 2009

BAU + Incremental LNB & LNB/OFA

BAU Case + Incremental SNCR

BAU Case + Incremental SCR

2015

2015

2015

2013

2014

2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

16 17 18 19 20 21 22 23 24 25

11 12 13 14 15 16 17 18 19 20

1/1/2026 1/1/2027 1/1/2028 1/1/2029 1/1/2030 1/1/2031 1/1/2032 1/1/2033 1/1/2034 1/1/2035

 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270

 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060

100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

85% 85% 85% 85% 85% 85% 85% 85% 85% 85%

$ 307,594 $ 276,835 $ 246,075 $ 215,316 $ 184,556 $ 153,797 $ 123,038 $ 92,278 $ 61,519 $ 30,759

$ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759

 1,208,013 1,238,772 1,269,531 1,300,291 1,331,050 1,361,810 1,392,569 1,423,328 1,454,088 1,484,847

 53,060 47,754 42,448 37,142 31,836 26,530 21,224 15,918 10,612 5,306

 3.37 3.03 2.70 2.36 2.02 1.69 1.35 1.01 0.67 0.34

 83,819 78,513 73,207 67,901 62,595 57,289 51,983 46,677 41,371 36,065

 5.32 4.99 4.65 4.31 3.98 3.64 3.30 2.97 2.63 2.29

0.5% 0.3% 0.3% 0.6% 0.5% 1.2% 1.1% 1.1% 1.4% 0.9%

 243,279 243,970 244,593 245,985 247,117 250,156 252,894 255,684 259,296 261,741

 15.45 15.50 15.54 15.63 15.70 15.89 16.07 16.24 16.47 16.63

 6,868 7,074 7,286 7,505 7,730 7,962 8,201 8,447 8,700 8,961

 43,221 44,518 45,854 47,229 48,646 50,106 51,609 53,157 54,752 56,394

 4,600 4,738 4,880 5,027 5,177 5,333 5,493 5,657 5,827 6,002

 24,537 25,273 26,032 26,813 27,617 28,445 29,299 30,178 31,083 32,016

 2,835 2,920 3,008 3,098 3,191 3,287 3,385 3,487 3,591 3,699

 - - - - - - - - - -

 82,062 84,524 87,059 89,671 92,361 95,132 97,986 100,926 103,954 107,072

 5.21 5.37 5.53 5.70 5.87 6.04 6.22 6.41 6.60 6.80

 6,088 6,271 6,459 6,652 6,852 7,058 7,269 7,487 7,712 7,943

 5,225 5,382 5,543 5,710 5,881 6,058 6,239 6,426 6,619 6,818

 71,756 73,909 76,126 78,410 80,762 83,185 85,681 88,251 90,899 93,626

 16,679 17,179 17,694 18,225 18,772 19,335 19,915 20,513 21,128 21,762

 20,763 21,386 22,028 22,689 23,369 24,070 24,792 25,536 26,302 27,091

 120,511 124,127 127,850 131,686 135,637 139,706 143,897 148,214 152,660 157,240

 7.66 7.89 8.12 8.37 8.62 8.87 9.14 9.42 9.70 9.99

 445,852 452,620 459,503 467,342 475,115 484,994 494,777 504,823 515,910 526,053

28.32 28.75 29.19 29.69 30.18 30.81 31.43 32.07 32.77 33.42

 529,671 531,134 532,711 535,243 537,710 542,283 546,761 551,501 557,282 562,118

 33.65 33.74 33.84 34.00 34.16 34.45 34.73 35.03 35.40 35.71

 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

090000648107967e.xlsx

Annual Cash Flows SLine
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

15 Accumulated Depreciation

16 Unit 2

17 Starting Book Value

18 Annual Depreciation Expense

Ending Book Vaue

19 Accumulated Depreciation

20 Unit 3

21 Starting Book Value

22 Annual Depreciation Expense

Ending Book Vaue

23 Accumulated Depreciation

24 Unit 4

25 Starting Book Value

26 Annual Depreciation Expense

Ending Book Vaue

27 Accumulated Depreciation

28 Unit 5

29 Starting Book Value

30 Annual Depreciation Expense

Ending Book Vaue

31 Accumulated Depreciation

32

33 Total Incremental Depreciation Expense

34

35

36 Return on Capital

37 Book Value

38 Debt & Equity Return

39

40 Total Incremental CAPEX

41

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1

45 Unit 2

46 Unit 3

47 Unit 4

48 Unit 5

49 Total Incremental OPEX

50 Total Incremental OPEX

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX

54 Unit Cost: Total Incremental 

55

56

SCR Case Total Cost of Electricity

BAU Case Cost + Incremental Cost

BAU Case Cost + Incremental Cost 

Case Comparisons

BAU Case

LNB Case

SNCR Case

SCR Case

MARKET Cases

2015

2015

2015

2013

2014

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 84,936 72,802 60,669 48,535 36,401 24,267 12,134 - - -

 12,134 12,134 12,134 12,134 12,134 12,134 12,134 - - -

 72,802 60,669 48,535 36,401 24,267 12,134 - - - -

 169,872 182,006 194,140 206,274 218,407 230,541 242,675 242,675 242,675 242,675

 99,982 87,484 74,987 62,489 49,991 37,493 24,996 12,498 - -

 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 - -

 87,484 74,987 62,489 49,991 37,493 24,996 12,498 - - -

 162,471 174,969 187,466 199,964 212,462 224,960 237,457 249,955 249,955 249,955

 24,631 24,631 24,631 24,631 24,631 24,631 24,631 12,498 - -

 184,918 160,287 135,655 111,024 86,392 61,761 37,129 12,498 - -

 27,738 24,043 20,348 16,654 12,959 9,264 5,569 1,875 - -

 52,369 48,674 44,980 41,285 37,590 33,896 30,201 14,372 - -

 3.33 3.09 2.86 2.62 2.39 2.15 1.92 0.91 - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 12,120 12,365 12,611 12,857 13,102 13,348 13,594 13,839 14,085 14,331

 12,120 12,365 12,611 12,857 13,102 13,348 13,594 13,839 14,085 14,331

 24,239 24,731 25,222 25,713 26,205 26,696 27,187 27,679 28,170 28,662

1.54 1.57 1.60 1.63 1.66 1.70 1.73 1.76 1.79 1.82

 76,609 73,405 70,202 66,999 63,795 60,592 57,388 42,051 28,170 28,662

4.87 4.66 4.46 4.26 4.05 3.85 3.65 2.67 1.79 1.82

 $ 606,280 $ 604,539 $ 602,912 $ 602,242 $ 601,505 $ 602,875 $ 604,149 $ 593,552 $ 585,452 $ 590,780 

38.51 38.40 38.30 38.26 38.21 38.30 38.38 37.71 37.19 37.53

 4.87 4.66 4.46 4.26 4.05 3.85 3.65 2.67 1.79 1.82

 745,814 750,186 754,989 752,119 741,325 742,907 755,645 769,579 779,099 786,552

$ 47.38 $ 47.66 $ 47.96 $ 47.78 $ 47.09 $ 47.19 $ 48.00 $ 48.89 $ 49.49 $ 49.97

 791,488 809,164 822,489 838,754 853,478 870,157 885,424 896,297 909,678 920,728

$ 50.28 $ 51.40 $ 52.25 $ 53.28 $ 54.22 $ 55.28 $ 56.25 $ 56.94 $ 57.79 $ 58.49

 890,292 910,315 930,136 951,111 968,219 982,910 991,450 996,760 1,008,409 1,019,420

$ 56.56 $ 57.83 $ 59.09 $ 60.42 $ 61.51 $ 62.44 $ 62.98 $ 63.32 $ 64.06 $ 64.76

090000648107967e.xlsx

Annual Cash Flows SLine
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

Four Corners Power Plant (FCPP) Economic Assessment Model

Case

Names Description

Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Year No. Starting 2011 NA NA NA NA NA NA 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Year No. Starting 2016 NA NA NA NA NA NA NA NA NA NA NA 1 2 3 4 5 6 7 8 9 10

1/1/2005 1/1/2006 1/1/2007 1/1/2008 1/1/2009 1/1/2010 1/1/2011 1/1/2012 1/1/2013 1/1/2014 1/1/2015 1/1/2016 1/1/2017 1/1/2018 1/1/2019 1/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 1/1/2025

Units

25 YR NPV

From 2011

a Generation Statistics

b Gross Capacity MW 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270

c Operating Capacity MW 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060

d Efficiency Vs. Base Case Efficiency % 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

e Net Generation MWh 393,539,308 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

f Capacity Factor % 87% 88% 81% 81% 87% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85% 85%

BAU Case Plant As Operated Through 2008

1 Capital Expense (CAPEX)

2 Depreciation Expense

3 Net Plant in Service $000 $ 799,744 $ 768,985 $ 738,226 $ 707,466 $ 676,707 $ 645,947 $ 615,188 $ 584,429 $ 553,669 $ 522,910 $ 492,150 $ 461,391 $ 430,632 $ 399,872 $ 369,113 $ 338,353

4 Annual Depreciation Expense $000 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759

5 Accumulated Depreciation $000 715,862 746,622 777,381 808,140 838,900 869,659 900,419 931,178 961,937 992,697 1,023,456 1,054,216 1,084,975 1,115,734 1,146,494 1,177,253

6

7 Return on Capital

8 Debt & Equity Return $000 975 137,956 132,650 127,344 122,038 116,732 111,426 106,120 100,814 95,508 90,202 84,896 79,590 74,284 68,978 63,672 58,366

9 $ per MWh 8.76 8.43 8.09 7.75 7.42 7.08 6.74 6.40 6.07 5.73 5.39 5.06 4.72 4.38 4.04 3.71

10

11 Total CAPEX (Depreciation + Return on Capital) $000 1,304 168,715 163,409 158,103 152,797 147,491 142,185 136,879 131,573 126,267 120,961 115,655 110,349 105,043 99,737 94,431 89,125

12 $ per MWh 10.72 10.38 10.04 9.71 9.37 9.03 8.70 8.36 8.02 7.68 7.35 7.01 6.67 6.34 6.00 5.66

13 Operating Expense (OPEX)

14 Fuel Expenses

15 Cost Price Change (Year over Year) % -9.1% -2.0% 1.1% 0.1% 0.3% 0.6% 0.0% 0.5% 0.2% -0.3% -0.3% -0.4% 0.0% -0.1% -0.1% 0.3%

16 Fuel Expense $000 2,596 225,438 239,638 234,381 273,188 266,223 242,005 237,146 239,775 240,118 240,871 242,284 242,275 243,551 244,085 243,276 242,509 241,621 241,675 241,348 241,180 241,962

17 $ per MWh 14.44 15.01 16.06 18.60 17.02 15.37 15.06 15.23 15.25 15.30 15.39 15.39 15.47 15.51 15.45 15.41 15.35 15.35 15.33 15.32 15.37

18

19 Non-Fuel Operating & Maintenance Expenses

20 Operating Expenses

21 Op. Supervision & Engineering $000 3,274 3,358 2,981 3,184 4,155 4,279.95 4,408.35 4,541 4,677 4,817 4,962 5,110 5,264 5,422 5,584 5,752 5,924 6,102 6,285 6,474 6,668

22 Total Steam/Hydraulic Expense $000 19,551 21,939 22,065 23,188 26,150 26,934.21 27,742.24 28,575 29,432 30,315 31,224 32,161 33,126 34,119 35,143 36,197 37,283 38,402 39,554 40,740 41,963

23 Electric Expenses $000 2,639 2,587 2,636 2,726 2,783 2,866.55 2,952.54 3,041 3,132 3,226 3,323 3,423 3,525 3,631 3,740 3,852 3,968 4,087 4,210 4,336 4,466

24 Misc. Power Expenses $000 11,642 14,598 15,366 15,093 14,845 15,290.83 15,749.56 16,222 16,709 17,210 17,726 18,258 18,806 19,370 19,951 20,550 21,166 21,801 22,455 23,129 23,823

25 Rents $000 1,716 1,550 1,694 1,352 1,715 1,766.72 1,819.72 1,874 1,931 1,988 2,048 2,110 2,173 2,238 2,305 2,374 2,446 2,519 2,594 2,672 2,752

26 Allowances $000 - - - - - - - - - - - - - - - - - - - - -

27 Total Non-Fuel Operating Expenses $000 724 38,822 44,032 44,742 45,543 49,649 51,138.26 52,672.41 54,253 55,880 57,557 59,283 61,062 62,894 64,780 66,724 68,726 70,787 72,911 75,098 77,351 79,672

28 2.49 2.76 3.07 3.10 3.17 3.25 3.35 3.45 3.55 3.66 3.77 3.88 4.00 4.12 4.24 4.37 4.50 4.63 4.77 4.91 5.06

29 Maintenance Expenses 

30 Supervision & Engineering $000 2,883 3,210 3,443 2,606 3,683 3,794 3,908 4,025 4,146 4,270 4,398 4,530 4,666 4,806 4,950 5,099 5,251 5,409 5,571 5,738 5,911

31 Structures $000 1,986 2,500 1,913 2,269 3,161 3,256 3,354 3,455 3,558 3,665 3,775 3,888 4,005 4,125 4,249 4,376 4,507 4,643 4,782 4,925 5,073

32 Boiler/Reactor/Reservoirs & Dams $000 39,613 34,551 39,646 50,912 43,414 44,716 46,058 47,439 48,863 50,328 51,838 53,393 54,995 56,645 58,344 60,095 61,898 63,755 65,667 67,637 69,666

33 Electric Plant $000 6,056 8,252 11,168 12,755 10,091 10,394 10,705 11,026 11,357 11,698 12,049 12,410 12,783 13,166 13,561 13,968 14,387 14,819 15,263 15,721 16,193

34 Misc. Plant $000 9,351 9,886 11,127 14,656 12,562 12,939 13,327 13,727 14,139 14,563 15,000 15,450 15,913 16,391 16,882 17,389 17,911 18,448 19,001 19,571 20,159

35 Total Maintenance Expenses $000 1,063 59,889 58,399 67,298 83,198 72,911 75,099 77,352 79,672 82,062 84,524 87,060 89,672 92,362 95,133 97,987 100,926 103,954 107,073 110,285 113,593 117,001

36 $ per MWh 3.84 3.66 4.61 5.67 4.66 4.77 4.91 5.06 5.21 5.37 5.53 5.70 5.87 6.04 6.22 6.41 6.60 6.80 7.01 7.22 7.43

37 Production Costs

38 CO2 cost if included $ - 4,384 324,149 342,069 346,420 401,929 388,783 368,242 367,170 373,699 378,061 382,952 388,628 393,008 398,807 403,999 407,987 412,161 416,362 421,659 426,731 432,125 438,635

39 Total Production $ per MWh 20.76 21.42 23.73 27.37 24.86 23.39 23.32 23.74 24.02 24.33 24.69 24.97 25.33 25.66 25.92 26.18 26.45 26.79 27.11 27.45 27.86

40

BAU Total Cost of Electricity

Cost of Electricity $000 5,688 20.76 21.42 23.73 27.37 24.86 536,956.9 530,579 531,803 530,858 530,443 530,813 529,887 530,380 530,266 528,948 527,816 526,712 526,702 526,468 526,556 527,761

Cost of Electricity $ per MWh NA NA NA NA NA 34.11 33.71 33.78 33.72 33.70 33.72 33.66 33.69 33.69 33.60 33.53 33.46 33.46 33.44 33.45 33.53

LNB Case BAU Plant + LNB and LNB/OFA

1 Net Generation MWh 314,831,447 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1 $000 - - - - 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

5 Unit 2 $000 - - - - 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

6 Unit 3 $000 - - - - 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559

7 Unit 4 $000 - - 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009

8 Unit 5 $000 - - - 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519

9 Total Incremental Plant in Service $000 - - 17,009 34,527 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value $000 4,859 4,616 4,373 4,130 3,887 3,644 3,401 3,158 2,915 2,672 2,429

14 Annual Depreciation Expense $000 243 243 243 243 243 243 243 243 243 243 243

Ending Book Vaue 4,616 4,373 4,130 3,887 3,644 3,401 3,158 2,915 2,672 2,429 2,186

15 Accumulated Depreciation $000 243 486 729 972 1,215 1,458 1,701 1,943 2,186 2,429 2,672

16 Unit 2

17 Starting Book Value $000 4,859 4,616 4,373 4,130 3,887 3,644 3,401 3,158 2,915 2,672 2,429

18 Annual Depreciation Expense $000 243 243 243 243 243 243 243 243 243 243 243

Ending Book Vaue 4,616 4,373 4,130 3,887 3,644 3,401 3,158 2,915 2,672 2,429 2,186

BAU

LNB

SNCR

SCR

Plant As Operated Through 2009

BAU + Incremental LNB & LNB/OFA

BAU Case + Incremental SNCR

BAU Case + Incremental SCR

$Million

2015

2015

2015

2013

2014

090000648107967e.xlsx

Annual Cash Flows ADep
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Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

19 Accumulated Depreciation $000 243 486 729 972 1,215 1,458 1,701 1,943 2,186 2,429 2,672

20 Unit 3

21 Starting Book Value $000 5,559 5,281 5,003 4,725 4,447 4,169 3,891 3,613 3,335 3,057 2,779

22 Annual Depreciation Expense $000 278 278 278 278 278 278 278 278 278 278 278

Ending Book Vaue 5,281 5,003 4,725 4,447 4,169 3,891 3,613 3,335 3,057 2,779 2,501

23 Accumulated Depreciation $000 278 556 834 1,112 1,390 1,668 1,946 2,223 2,501 2,779 3,057

24 Unit 4

25 Starting Book Value $000 17,009 16,158 15,308 14,457 13,607 12,756 11,906 11,056 10,205 9,355 8,504 7,654 6,803

26 Annual Depreciation Expense $000 850 850 850 850 850 850 850 850 850 850 850 850 850

Ending Book Vaue 16,158 15,308 14,457 13,607 12,756 11,906 11,056 10,205 9,355 8,504 7,654 6,803 5,953

27 Accumulated Depreciation $000 850 1,701 2,551 3,402 4,252 5,103 5,953 6,803 7,654 8,504 9,355 10,205 11,056

28 Unit 5

29 Starting Book Value $000 17,519 16,643 15,767 14,891 14,015 13,139 12,263 11,387 10,511 9,635 8,759 7,883

30 Annual Depreciation Expense $000 876 876 876 876 876 876 876 876 876 876 876 876

Ending Book Vaue 16,643 15,767 14,891 14,015 13,139 12,263 11,387 10,511 9,635 8,759 7,883 7,008

31 Accumulated Depreciation $000 876 1,752 2,628 3,504 4,380 5,256 6,132 7,008 7,883 8,759 9,635 10,511

32

33 Total Incremental Depreciation Expense - - 850 1,726 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490 2,490

34

35

36 Return on Capital

37 Rate Base $000 178 - - 15,265 29,245 39,416 34,311 29,206 25,292 22,604 20,986 19,367 17,748 16,130 14,511 12,893

38 Debt & Equity Return $000 27 - - 2,290 4,387 5,912 5,147 4,381 3,794 3,391 3,148 2,905 2,662 2,419 2,177 1,934

39

40 Total Incremental CAPEX $000 46 - - 3,140 6,113 8,403 7,637 6,871 6,284 5,881 5,638 5,395 5,152 4,910 4,667 4,424

41 $ per MWh - - 0.20 0.39 0.53 0.49 0.44 0.40 0.37 0.36 0.34 0.33 0.31 0.30 0.28

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1 $000 - - - - 305 313 321 329 337 345 352 360 368 376 384

45 Unit 2 $000 - - - - 305 313 321 329 337 345 352 360 368 376 384

46 Unit 3 $000 - - - - 350 359 368 377 386 395 404 413 423 432 441

47 Unit 4 $000 - - 1,099 1,129 1,159 1,189 1,220 1,250 1,280 1,310 1,341 1,371 1,401 1,431 1,462

48 Unit 5 $000 - - - 1,129 1,159 1,189 1,220 1,250 1,280 1,310 1,341 1,371 1,401 1,431 1,462

49 Total Incremental OPEX $000 30 - - 1,099 2,258 3,278 3,363 3,449 3,534 3,620 3,705 3,791 3,876 3,962 4,047 4,133

50 Total Incremental OPEX $ per MWh 0.00 0.00 0.07 0.14 0.21 0.21 0.22 0.22 0.23 0.24 0.24 0.25 0.25 0.26 0.26

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX $000 76 - - 4,239 8,371 11,680 11,000 10,320 9,818 9,500 9,343 9,186 9,028 8,871 8,714 8,557

54 Unit Cost: Total Incremental $ per MWh 0.00 0.00 0.27 0.53 0.74 0.70 0.66 0.62 0.60 0.59 0.58 0.57 0.56 0.55 0.54

55

56

BASE Case Total Cost of Electricity

BAU Case Cost + Incremental Cost $000 5,764 $ 530,579 $ 531,803 $ 535,097 $ 538,814 $ 542,493 $ 540,887 $ 540,700 $ 540,084 $ 538,448 $ 537,159 $ 535,897 $ 535,731 $ 535,339 $ 535,270 $ 536,317 

BAU Case Cost + Incremental Cost $ per MWh 33.71 33.78 33.99 34.23 34.46 34.36 34.35 34.31 34.21 34.12 34.04 34.03 34.01 34.00 34.07

SNCR Case Base Case + NON-CATALYTIC REDUCTION

1 Net Generation MWh 314,831,447 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1 $000 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849

5 Unit 2 $000 - 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702

6 Unit 3 $000 - - 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352

7 Unit 4 $000 - - 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857

8 Unit 5 $000 - - - 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722

9 Total Incremental Plant in Service $000 - - 28,857 58,579 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value $000 12,849 12,206 11,564 10,921 10,279 9,636 8,994 8,352 7,709 7,067 6,424

14 Annual Depreciation Expense $000 642 642 642 642 642 642 642 642 642 642 642

Ending Book Vaue 12,206 11,564 10,921 10,279 9,636 8,994 8,352 7,709 7,067 6,424 5,782

15 Accumulated Depreciation $000 642 1,285 1,927 2,570 3,212 3,855 4,497 5,139 5,782 6,424 7,067

16 Unit 2

17 Starting Book Value $000 12,702 12,067 11,432 10,797 10,162 9,526 8,891 8,256 7,621 6,986 6,351

18 Annual Depreciation Expense $000 635 635 635 635 635 635 635 635 635 635 635

Ending Book Vaue 12,067 11,432 10,797 10,162 9,526 8,891 8,256 7,621 6,986 6,351 5,716

19 Accumulated Depreciation $000 635 1,270 1,905 2,540 3,175 3,811 4,446 5,081 5,716 6,351 6,986

20 Unit 3

21 Starting Book Value $000 14,352 13,634 12,916 12,199 11,481 10,764 10,046 9,328 8,611 7,893 7,176

22 Annual Depreciation Expense $000 718 718 718 718 718 718 718 718 718 718 718

Ending Book Vaue 13,634 12,916 12,199 11,481 10,764 10,046 9,328 8,611 7,893 7,176 6,458

23 Accumulated Depreciation $000 718 1,435 2,153 2,870 3,588 4,305 5,023 5,741 6,458 7,176 7,893

24 Unit 4

25 Starting Book Value $000 28,857 27,414 25,971 24,528 23,085 21,642 20,200 18,757 17,314 15,871 14,428 12,985 11,543

26 Annual Depreciation Expense $000 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443

Ending Book Vaue 27,414 25,971 24,528 23,085 21,642 20,200 18,757 17,314 15,871 14,428 12,985 11,543 10,100

27 Accumulated Depreciation $000 1,443 2,886 4,328 5,771 7,214 8,657 10,100 11,543 12,985 14,428 15,871 17,314 18,757

28 Unit 5

29 Starting Book Value $000 29,722 28,236 26,750 25,264 23,778 22,292 20,806 19,319 17,833 16,347 14,861 13,375

30 Annual Depreciation Expense $000 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486

Ending Book Vaue 28,236 26,750 25,264 23,778 22,292 20,806 19,319 17,833 16,347 14,861 13,375 11,889

31 Accumulated Depreciation $000 1,486 2,972 4,458 5,944 7,431 8,917 10,403 11,889 13,375 14,861 16,347 17,833

32

33 Total Incremental Depreciation Expense - - 1,443 2,929 4,924 4,924 4,924 4,924 4,924 4,924 4,924 4,924 4,924 4,924 4,924

34

35

36 Return on Capital

2013

2015

2015

2015

2014

2015

2015

2015

2013

2014

090000648107967e.xlsx

Annual Cash Flows ADep
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Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

37 Rate Base $000 347 - - 25,899 49,617 79,424 69,330 59,236 51,162 45,168 41,967 38,767 35,566 32,365 29,165 25,964

38 Debt & Equity Return $000 52 - - 3,885 7,442 11,914 10,400 8,885 7,674 6,775 6,295 5,815 5,335 4,855 4,375 3,895

39

40 Total Incremental CAPEX $000 90 - - 5,328 10,371 16,838 15,324 13,809 12,598 11,699 11,219 10,739 10,259 9,779 9,299 8,819

41 $ per MWh - - 0.34 0.66 1.07 0.97 0.88 0.80 0.74 0.71 0.68 0.65 0.62 0.59 0.56

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1 $000 - - - - 2,655 2,733 2,810 2,887 2,965 3,042 3,119 3,197 3,274 3,351 3,429

45 Unit 2 $000 - - - - 2,357 2,424 2,491 2,558 2,624 2,691 2,758 2,824 2,891 2,958 3,025

46 Unit 3 $000 - - - - 2,831 2,909 2,987 3,064 3,142 3,220 3,298 3,376 3,454 3,532 3,610

47 Unit 4 $000 - - 7,119 7,315 7,511 7,707 7,903 8,098 8,294 8,490 8,686 8,882 9,078 9,274 9,470

48 Unit 5 $000 - - - 7,315 7,511 7,707 7,903 8,098 8,294 8,490 8,686 8,882 9,078 9,274 9,470

49 Total Incremental OPEX $000 212 - - 7,119 14,629 22,865 23,479 24,092 24,706 25,320 25,934 26,548 27,162 27,775 28,389 29,003

50 Total Incremental OPEX $ per MWh 0.00 0.00 0.45 0.93 1.45 1.49 1.53 1.57 1.61 1.65 1.69 1.73 1.76 1.80 1.84

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX $000 302 - - 12,446 25,001 39,703 38,802 37,902 37,305 37,019 37,153 37,287 37,421 37,554 37,688 37,822

54 Unit Cost: Total Incremental $ per MWh 0.00 0.00 0.79 1.59 2.52 2.46 2.41 2.37 2.35 2.36 2.37 2.38 2.39 2.39 2.40

55

56

SNCR Case Total Cost of Electricity

BAU Case Cost + Incremental Cost $000 5,990 $ 530,579 $ 531,803 $ 543,305 $ 555,444 $ 570,515 $ 568,690 $ 568,282 $ 567,570 $ 565,967 $ 564,969 $ 563,998 $ 564,123 $ 564,023 $ 564,244 $ 565,582 

BAU Case Cost + Incremental Cost $ per MWh 33.71 33.78 34.51 35.29 36.24 36.13 36.10 36.06 35.95 35.89 35.83 35.84 35.83 35.84 35.93

SCR Case Base Case Plant + SELECTIVE CATALYTIC REDUCTION

1 Net Generation MWh 314,831,447 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1 $000 - - - - - - - - - - - -

5 Unit 2 $000 - - - - - - - - - - - -

6 Unit 3 $000 - - - - - - - - - - - - -

7 Unit 4 $000 - - 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

8 Unit 5 $000 - - - 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

9 Total Incremental Plant in Service $000 - - 242,675 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value $000 - - - - - - - - - - -

14 Annual Depreciation Expense $000 - - - - - - - - - - -

Ending Book Vaue - - - - - - - - - - -

15 Accumulated Depreciation $000 - - - - - - - - - - -

16 Unit 2

17 Starting Book Value $000 - - - - - - - - - - -

18 Annual Depreciation Expense $000 - - - - - - - - - - -

Ending Book Vaue - - - - - - - - - - -

19 Accumulated Depreciation $000 - - - - - - - - - - -

20 Unit 3

21 Starting Book Value $000 - - - - - - - - - - -

22 Annual Depreciation Expense $000 - - - - - - - - - - -

Ending Book Vaue - - - - - - - - - - -

23 Accumulated Depreciation $000 - - - - - - - - - - -

24 Unit 4

25 Starting Book Value $000 242,675 230,541 218,407 206,274 194,140 182,006 169,872 157,739 145,605 133,471 121,337 109,204 97,070

26 Annual Depreciation Expense $000 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134

Ending Book Vaue 230,541 218,407 206,274 194,140 182,006 169,872 157,739 145,605 133,471 121,337 109,204 97,070 84,936

27 Accumulated Depreciation $000 12,134 24,267 36,401 48,535 60,669 72,802 84,936 97,070 109,204 121,337 133,471 145,605 157,739

28 Unit 5

29 Starting Book Value $000 249,955 237,457 224,960 212,462 199,964 187,466 174,969 162,471 149,973 137,475 124,978 112,480

30 Annual Depreciation Expense $000 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498

Ending Book Vaue 237,457 224,960 212,462 199,964 187,466 174,969 162,471 149,973 137,475 124,978 112,480 99,982

31 Accumulated Depreciation $000 12,498 24,996 37,493 49,991 62,489 74,987 87,484 99,982 112,480 124,978 137,475 149,973

32

33 Total Incremental Depreciation Expense - - 12,134 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631 24,631

34

35

36 Return on Capital

37 Rate Base $000 1,827 - - 217,801 417,261 366,767 316,272 265,777 232,270 216,260 200,249 184,239 168,228 152,218 136,207 120,197

38 Debt & Equity Return $000 274 - - 32,670 62,589 55,015 47,441 39,867 34,841 32,439 30,037 27,636 25,234 22,833 20,431 18,030

39

40 Total Incremental CAPEX $000 472 - - 44,804 87,221 79,646 72,072 64,498 59,472 57,070 54,669 52,267 49,866 47,464 45,063 42,661

41 $ per MWh - - 2.85 5.54 5.06 4.58 4.10 3.78 3.63 3.47 3.32 3.17 3.02 2.86 2.71

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1 $000 - - - - - - - - - - - - - - - -

45 Unit 2 $000 - - - - - - - - - - - - - - - -

46 Unit 3 $000 - - - - - - - - - - - - - - - -

47 Unit 4 $000 - - - 8,926 9,172 9,417 9,663 9,909 10,154 10,400 10,646 10,891 11,137 11,383 11,628 11,874

48 Unit 5 $000 - - - - 9,172 9,417 9,663 9,909 10,154 10,400 10,646 10,891 11,137 11,383 11,628 11,874

49 Total Incremental OPEX $000 181 - - - 8,926 18,343 18,835 19,326 19,817 20,309 20,800 21,291 21,783 22,274 22,765 23,257 23,748

50 Total Incremental OPEX $ per MWh 0.00 0.00 0.00 0.57 1.17 1.20 1.23 1.26 1.29 1.32 1.35 1.38 1.41 1.45 1.48 1.51

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX $000 653 - - 53,730 105,564 98,481 91,398 84,315 79,781 77,870 75,960 74,050 72,140 70,230 68,319 66,409

54 Unit Cost: Total Incremental $ per MWh 0.00 0.00 3.41 6.71 6.26 5.81 5.36 5.07 4.95 4.83 4.70 4.58 4.46 4.34 4.22

55

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2015

2015

2015

2015

2013

2014

2015

2013

2014

2015

2015

2013

2014

2015

2015

090000648107967e.xlsx

Annual Cash Flows ADep
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

SCR Case Total Cost of Electricity

BAU Case Cost + Incremental Cost $000 6,341 $ 530,579 $ 531,803 $ 584,588 $ 636,007 $ 629,294 $ 621,286 $ 614,696 $ 610,047 $ 606,818 $ 603,776 $ 600,762 $ 598,842 $ 596,698 $ 594,876 $ 594,170 

BAU Case Cost + Incremental Cost $ per MWh 33.71 33.78 37.14 40.40 39.98 39.47 39.05 38.75 38.55 38.36 38.16 38.04 37.91 37.79 37.75

Case Comparisons - - 3.41 6.71 6.26 5.81 5.36 5.07 4.95 4.83 4.70 4.58 4.46 4.34 4.22

BAU Case NPV 5,688

Undiscounted 13,362

$ per MWh 33.95

LNB Case NPV 5,764

Undiscounted 13,554

$ per MWh 34.44

SNCR Case NPV 5,990

Undiscounted 14,193

$ per MWh 36.07

SCR Case NPV 6,341

Undiscounted 14,889

$ per MWh 37.83

MARKET Cases NPV 7,008 Market Power Prices Start in 2016 When Plant Shuts Down. BAU Prices Until Then.

Undiscounted 17,516 Low Trend 530,579 531,803 530,858 530,443 530,813 740,049 729,271 722,872 720,431 722,020 719,963 722,839 727,387 735,716 742,719

$ per MWh 44.51 $ 33.71 $ 33.78 $ 33.72 $ 33.70 $ 33.72 $ 47.01 $ 46.33 $ 45.92 $ 45.77 $ 45.87 $ 45.74 $ 45.92 $ 46.21 $ 46.74 $ 47.18

NPV 7,356

Undiscounted 18,925 Mid Trend 530,579 531,803 530,858 530,443 530,813 757,535 755,588 754,013 754,503 766,422 773,853 778,857 780,300 772,960 778,358

$ per MWh 48.09 $ 33.71 $ 33.78 $ 33.72 $ 33.70 $ 33.72 $ 48.12 $ 48.00 $ 47.90 $ 47.93 $ 48.69 $ 49.16 $ 49.48 $ 49.57 $ 49.10 $ 49.45

NPV 7,746

Undiscounted 20,433 High Trend 530,579 531,803 530,858 530,443 530,813 771,825 778,106 786,713 799,715 815,519 820,163 815,006 826,858 847,837 868,069

$ per MWh 51.92 $ 33.71 $ 33.78 $ 33.72 $ 33.70 $ 33.72 $ 49.03 $ 49.43 $ 49.98 $ 50.80 $ 51.81 $ 52.10 $ 51.77 $ 52.53 $ 53.86 $ 55.14

090000648107967e.xlsx

Annual Cash Flows ADep
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

Four Corners Power Plant (FCPP) Economic Assessment Model

Case

Names Description

a Generation Statistics

b Gross Capacity

c Operating Capacity

d Efficiency Vs. Base Case Efficiency

e Net Generation

f Capacity Factor

BAU Case Plant As Operated Through 2008

1 Capital Expense (CAPEX)

2 Depreciation Expense

3 Net Plant in Service

4 Annual Depreciation Expense

5 Accumulated Depreciation

6

7 Return on Capital

8 Debt & Equity Return

9

10

11 Total CAPEX (Depreciation + Return on Capital)

12

13 Operating Expense (OPEX)

14 Fuel Expenses

15 Cost Price Change (Year over Year)

16 Fuel Expense

17

18

19 Non-Fuel Operating & Maintenance Expenses

20 Operating Expenses

21 Op. Supervision & Engineering

22 Total Steam/Hydraulic Expense

23 Electric Expenses

24 Misc. Power Expenses

25 Rents

26 Allowances

27 Total Non-Fuel Operating Expenses

28

29 Maintenance Expenses 

30 Supervision & Engineering

31 Structures

32 Boiler/Reactor/Reservoirs & Dams

33 Electric Plant

34 Misc. Plant

35 Total Maintenance Expenses

36

37 Production Costs

38 CO2 cost if included

39 Total Production

40

BAU Total Cost of Electricity

Cost of Electricity

Cost of Electricity

LNB Case BAU Plant + LNB and LNB/OFA

1 Net Generation

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1

5 Unit 2

6 Unit 3

7 Unit 4

8 Unit 5

9 Total Incremental Plant in Service

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value

14 Annual Depreciation Expense

Ending Book Vaue

15 Accumulated Depreciation

16 Unit 2

17 Starting Book Value

18 Annual Depreciation Expense

Ending Book Vaue

BAU

LNB

SNCR

SCR

Plant As Operated Through 2009

BAU + Incremental LNB & LNB/OFA

BAU Case + Incremental SNCR

BAU Case + Incremental SCR

2015

2015

2015

2013

2014

2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

16 17 18 19 20 21 22 23 24 25

11 12 13 14 15 16 17 18 19 20

1/1/2026 1/1/2027 1/1/2028 1/1/2029 1/1/2030 1/1/2031 1/1/2032 1/1/2033 1/1/2034 1/1/2035

 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270 2,270

 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060 2,060

100% 100% 100% 100% 100% 100% 100% 100% 100% 100%

 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

85% 85% 85% 85% 85% 85% 85% 85% 85% 85%

$ 307,594 $ 276,835 $ 246,075 $ 215,316 $ 184,556 $ 153,797 $ 123,038 $ 92,278 $ 61,519 $ 30,759

$ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759 $ 30,759

 1,208,013 1,238,772 1,269,531 1,300,291 1,331,050 1,361,810 1,392,569 1,423,328 1,454,088 1,484,847

 53,060 47,754 42,448 37,142 31,836 26,530 21,224 15,918 10,612 5,306

 3.37 3.03 2.70 2.36 2.02 1.69 1.35 1.01 0.67 0.34

 83,819 78,513 73,207 67,901 62,595 57,289 51,983 46,677 41,371 36,065

 5.32 4.99 4.65 4.31 3.98 3.64 3.30 2.97 2.63 2.29

0.5% 0.3% 0.3% 0.6% 0.5% 1.2% 1.1% 1.1% 1.4% 0.9%

 243,279 243,970 244,593 245,985 247,117 250,156 252,894 255,684 259,296 261,741

 15.45 15.50 15.54 15.63 15.70 15.89 16.07 16.24 16.47 16.63

 6,868 7,074 7,286 7,505 7,730 7,962 8,201 8,447 8,700 8,961

 43,221 44,518 45,854 47,229 48,646 50,106 51,609 53,157 54,752 56,394

 4,600 4,738 4,880 5,027 5,177 5,333 5,493 5,657 5,827 6,002

 24,537 25,273 26,032 26,813 27,617 28,445 29,299 30,178 31,083 32,016

 2,835 2,920 3,008 3,098 3,191 3,287 3,385 3,487 3,591 3,699

 - - - - - - - - - -

 82,062 84,524 87,059 89,671 92,361 95,132 97,986 100,926 103,954 107,072

 5.21 5.37 5.53 5.70 5.87 6.04 6.22 6.41 6.60 6.80

 6,088 6,271 6,459 6,652 6,852 7,058 7,269 7,487 7,712 7,943

 5,225 5,382 5,543 5,710 5,881 6,058 6,239 6,426 6,619 6,818

 71,756 73,909 76,126 78,410 80,762 83,185 85,681 88,251 90,899 93,626

 16,679 17,179 17,694 18,225 18,772 19,335 19,915 20,513 21,128 21,762

 20,763 21,386 22,028 22,689 23,369 24,070 24,792 25,536 26,302 27,091

 120,511 124,127 127,850 131,686 135,637 139,706 143,897 148,214 152,660 157,240

 7.66 7.89 8.12 8.37 8.62 8.87 9.14 9.42 9.70 9.99

 445,852 452,620 459,503 467,342 475,115 484,994 494,777 504,823 515,910 526,053

28.32 28.75 29.19 29.69 30.18 30.81 31.43 32.07 32.77 33.42

 529,671 531,134 532,711 535,243 537,710 542,283 546,761 551,501 557,282 562,118

 33.65 33.74 33.84 34.00 34.16 34.45 34.73 35.03 35.40 35.71

 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559

 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009

 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519

 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803 49,803

 2,186 1,943 1,701 1,458 1,215 972 729 486 243 -

 243 243 243 243 243 243 243 243 243 -

 1,943 1,701 1,458 1,215 972 729 486 243 - -

 2,915 3,158 3,401 3,644 3,887 4,130 4,373 4,616 4,859 4,859

 2,186 1,943 1,701 1,458 1,215 972 729 486 243 -

 243 243 243 243 243 243 243 243 243 -

 1,943 1,701 1,458 1,215 972 729 486 243 - -

090000648107967e.xlsx

Annual Cash Flows ADep
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

19 Accumulated Depreciation

20 Unit 3

21 Starting Book Value

22 Annual Depreciation Expense

Ending Book Vaue

23 Accumulated Depreciation

24 Unit 4

25 Starting Book Value

26 Annual Depreciation Expense

Ending Book Vaue

27 Accumulated Depreciation

28 Unit 5

29 Starting Book Value

30 Annual Depreciation Expense

Ending Book Vaue

31 Accumulated Depreciation

32

33 Total Incremental Depreciation Expense

34

35

36 Return on Capital

37 Rate Base

38 Debt & Equity Return

39

40 Total Incremental CAPEX

41

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1

45 Unit 2

46 Unit 3

47 Unit 4

48 Unit 5

49 Total Incremental OPEX

50 Total Incremental OPEX

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX

54 Unit Cost: Total Incremental 

55

56

BASE Case Total Cost of Electricity

BAU Case Cost + Incremental Cost

BAU Case Cost + Incremental Cost 

SNCR Case Base Case + NON-CATALYTIC REDUCTION

1 Net Generation

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1

5 Unit 2

6 Unit 3

7 Unit 4

8 Unit 5

9 Total Incremental Plant in Service

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value

14 Annual Depreciation Expense

Ending Book Vaue

15 Accumulated Depreciation

16 Unit 2

17 Starting Book Value

18 Annual Depreciation Expense

Ending Book Vaue

19 Accumulated Depreciation

20 Unit 3

21 Starting Book Value

22 Annual Depreciation Expense

Ending Book Vaue

23 Accumulated Depreciation

24 Unit 4

25 Starting Book Value

26 Annual Depreciation Expense

Ending Book Vaue

27 Accumulated Depreciation

28 Unit 5

29 Starting Book Value

30 Annual Depreciation Expense

Ending Book Vaue

31 Accumulated Depreciation

32

33 Total Incremental Depreciation Expense

34

35

36 Return on Capital

2013

2015

2015

2015

2014

2015

2015

2015

2013

2014

 2,915 3,158 3,401 3,644 3,887 4,130 4,373 4,616 4,859 4,859

 2,501 2,223 1,946 1,668 1,390 1,112 834 556 278 -

 278 278 278 278 278 278 278 278 278 -

 2,223 1,946 1,668 1,390 1,112 834 556 278 - -

 3,335 3,613 3,891 4,169 4,447 4,725 5,003 5,281 5,559 5,559

 5,953 5,103 4,252 3,402 2,551 1,701 850 0 0 0

 850 850 850 850 850 850 850 - - -

 5,103 4,252 3,402 2,551 1,701 850 0 0 0 0

 11,906 12,756 13,607 14,457 15,308 16,158 17,009 17,009 17,009 17,009

 7,008 6,132 5,256 4,380 3,504 2,628 1,752 876 - -

 876 876 876 876 876 876 876 876 - -

 6,132 5,256 4,380 3,504 2,628 1,752 876 - - -

 11,387 12,263 13,139 14,015 14,891 15,767 16,643 17,519 17,519 17,519

 2,490 2,490 2,490 2,490 2,490 2,490 2,490 1,640 764 -

 11,274 9,655 8,037 6,418 4,800 3,181 1,562 496 (0) (0)

 1,691 1,448 1,206 963 720 477 234 74 (0) (0)

 4,181 3,938 3,696 3,453 3,210 2,967 2,725 1,714 764 (0)

 0.27 0.25 0.23 0.22 0.20 0.19 0.17 0.11 0.05 -

 392 400 408 416 424 432 440 448 456 464

 392 400 408 416 424 432 440 448 456 464

 450 459 468 477 486 496 505 514 523 532

 1,492 1,522 1,552 1,583 1,613 1,643 1,673 1,704 1,734 1,764

 1,492 1,522 1,552 1,583 1,613 1,643 1,673 1,704 1,734 1,764

 4,218 4,304 4,389 4,475 4,560 4,646 4,731 4,817 4,902 4,988

0.27 0.27 0.28 0.28 0.29 0.30 0.30 0.31 0.31 0.32

 8,399 8,242 8,085 7,927 7,770 7,613 7,456 6,531 5,666 4,988

0.53 0.52 0.51 0.50 0.49 0.48 0.47 0.41 0.36 0.32

 $ 538,070 $ 539,376 $ 540,795 $ 543,171 $ 545,480 $ 549,896 $ 554,216 $ 558,031 $ 562,947 $ 567,106 

34.18 34.26 34.35 34.51 34.65 34.93 35.21 35.45 35.76 36.03

 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849

 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702

 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352

 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857

 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722

 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481 98,481

 5,782 5,139 4,497 3,855 3,212 2,570 1,927 1,285 642 -

 642 642 642 642 642 642 642 642 642 -

 5,139 4,497 3,855 3,212 2,570 1,927 1,285 642 - -

 7,709 8,352 8,994 9,636 10,279 10,921 11,564 12,206 12,849 12,849

 5,716 5,081 4,446 3,811 3,175 2,540 1,905 1,270 635 -

 635 635 635 635 635 635 635 635 635 -

 5,081 4,446 3,811 3,175 2,540 1,905 1,270 635 - -

 7,621 8,256 8,891 9,526 10,162 10,797 11,432 12,067 12,702 12,702

 6,458 5,741 5,023 4,305 3,588 2,870 2,153 1,435 718 -

 718 718 718 718 718 718 718 718 718 -

 5,741 5,023 4,305 3,588 2,870 2,153 1,435 718 - -

 8,611 9,328 10,046 10,764 11,481 12,199 12,916 13,634 14,352 14,352

 10,100 8,657 7,214 5,771 4,328 2,886 1,443 0 0 0

 1,443 1,443 1,443 1,443 1,443 1,443 1,443 - - -

 8,657 7,214 5,771 4,328 2,886 1,443 0 0 0 0

 20,200 21,642 23,085 24,528 25,971 27,414 28,857 28,857 28,857 28,857

 11,889 10,403 8,917 7,431 5,944 4,458 2,972 1,486 - -

 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486 - -

 10,403 8,917 7,431 5,944 4,458 2,972 1,486 - - -

 19,319 20,806 22,292 23,778 25,264 26,750 28,236 29,722 29,722 29,722

 4,924 4,924 4,924 4,924 4,924 4,924 4,924 3,481 1,995 -

090000648107967e.xlsx

Annual Cash Flows ADep
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

37 Rate Base

38 Debt & Equity Return

39

40 Total Incremental CAPEX

41

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1

45 Unit 2

46 Unit 3

47 Unit 4

48 Unit 5

49 Total Incremental OPEX

50 Total Incremental OPEX

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX

54 Unit Cost: Total Incremental 

55

56

SNCR Case Total Cost of Electricity

BAU Case Cost + Incremental Cost

BAU Case Cost + Incremental Cost 

SCR Case Base Case Plant + SELECTIVE CATALYTIC REDUCTION

1 Net Generation

2 Incremental Capital Expense (CAPEX)

3 Incremental Plant In Service

4 Unit 1

5 Unit 2

6 Unit 3

7 Unit 4

8 Unit 5

9 Total Incremental Plant in Service

10

11 Depreciation Expense

12 Unit 1

13 Starting Book Value

14 Annual Depreciation Expense

Ending Book Vaue

15 Accumulated Depreciation

16 Unit 2

17 Starting Book Value

18 Annual Depreciation Expense

Ending Book Vaue

19 Accumulated Depreciation

20 Unit 3

21 Starting Book Value

22 Annual Depreciation Expense

Ending Book Vaue

23 Accumulated Depreciation

24 Unit 4

25 Starting Book Value

26 Annual Depreciation Expense

Ending Book Vaue

27 Accumulated Depreciation

28 Unit 5

29 Starting Book Value

30 Annual Depreciation Expense

Ending Book Vaue

31 Accumulated Depreciation

32

33 Total Incremental Depreciation Expense

34

35

36 Return on Capital

37 Rate Base

38 Debt & Equity Return

39

40 Total Incremental CAPEX

41

42 Incremental Operating Expense (OPEX)

43 Incremental OPEX 

44 Unit 1

45 Unit 2

46 Unit 3

47 Unit 4

48 Unit 5

49 Total Incremental OPEX

50 Total Incremental OPEX

51

52 Total Incremental Cost

53 Incremental CAPX + OPEX

54 Unit Cost: Total Incremental 

55

56

2015

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2013

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2015

2013

2014

2015

2015

 22,763 19,563 16,362 13,161 9,961 6,760 3,560 1,297 0 0

 3,415 2,934 2,454 1,974 1,494 1,014 534 195 0 0

 8,339 7,858 7,378 6,898 6,418 5,938 5,458 3,676 1,995 0

 0.53 0.50 0.47 0.44 0.41 0.38 0.35 0.23 0.13 0.00

 3,506 3,583 3,661 3,738 3,815 3,893 3,970 4,047 4,125 4,202

 3,091 3,158 3,225 3,292 3,358 3,425 3,492 3,558 3,625 3,692

 3,688 3,766 3,844 3,921 3,999 4,077 4,155 4,233 4,311 4,389

 9,666 9,862 10,058 10,254 10,450 10,646 10,841 11,037 11,233 11,429

 9,666 9,862 10,058 10,254 10,450 10,646 10,841 11,037 11,233 11,429

 29,617 30,231 30,845 31,458 32,072 32,686 33,300 33,914 34,528 35,141

1.88 1.92 1.96 2.00 2.04 2.08 2.12 2.15 2.19 2.23

 37,955 38,089 38,223 38,357 38,490 38,624 38,758 37,589 36,523 35,141

2.41 2.42 2.43 2.44 2.45 2.45 2.46 2.39 2.32 2.23

 $ 567,627 $ 569,223 $ 570,934 $ 573,600 $ 576,200 $ 580,908 $ 585,519 $ 589,090 $ 593,804 $ 597,260 

36.06 36.16 36.27 36.44 36.60 36.90 37.20 37.42 37.72 37.94

 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572 15,741,572

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630 492,630

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 84,936 72,802 60,669 48,535 36,401 24,267 12,134 - - -

 12,134 12,134 12,134 12,134 12,134 12,134 12,134 - - -

 72,802 60,669 48,535 36,401 24,267 12,134 - - - -

 169,872 182,006 194,140 206,274 218,407 230,541 242,675 242,675 242,675 242,675

 99,982 87,484 74,987 62,489 49,991 37,493 24,996 12,498 - -

 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498 - -

 87,484 74,987 62,489 49,991 37,493 24,996 12,498 - - -

 162,471 174,969 187,466 199,964 212,462 224,960 237,457 249,955 249,955 249,955

 24,631 24,631 24,631 24,631 24,631 24,631 24,631 12,498 - -

 104,186 88,176 72,165 56,155 40,144 24,134 8,124 (0) (0) (0)

 15,628 13,226 10,825 8,423 6,022 3,620 1,219 (0) (0) (0)

 40,259 37,858 35,456 33,055 30,653 28,252 25,850 12,498 (0) (0)

 2.56 2.40 2.25 2.10 1.95 1.79 1.64 0.79 (0.00) (0.00)

 - - - - - - - - - -

 - - - - - - - - - -

 - - - - - - - - - -

 12,120 12,365 12,611 12,857 13,102 13,348 13,594 13,839 14,085 14,331

 12,120 12,365 12,611 12,857 13,102 13,348 13,594 13,839 14,085 14,331

 24,239 24,731 25,222 25,713 26,205 26,696 27,187 27,679 28,170 28,662

1.54 1.57 1.60 1.63 1.66 1.70 1.73 1.76 1.79 1.82

 64,499 62,589 60,678 58,768 56,858 54,948 53,038 40,177 28,170 28,662

4.10 3.98 3.85 3.73 3.61 3.49 3.37 2.55 1.79 1.82

090000648107967e.xlsx

Annual Cash Flows ADep
E C/R

Energy Strategies

E.N. 1109

FCPP - SCR Cost Assessment Model 

SCR Case Total Cost of Electricity

BAU Case Cost + Incremental Cost

BAU Case Cost + Incremental Cost 

Case Comparisons

BAU Case

LNB Case

SNCR Case

SCR Case

MARKET Cases

 $ 594,170 $ 593,722 $ 593,389 $ 594,012 $ 594,568 $ 597,231 $ 599,798 $ 591,677 $ 585,452 $ 590,780 

37.75 37.72 37.70 37.74 37.77 37.94 38.10 37.59 37.19 37.53

 4.10 3.98 3.85 3.73 3.61 3.49 3.37 2.55 1.79 1.82

 745,814 750,186 754,989 752,119 741,325 742,907 755,645 769,579 779,099 786,552

$ 47.38 $ 47.66 $ 47.96 $ 47.78 $ 47.09 $ 47.19 $ 48.00 $ 48.89 $ 49.49 $ 49.97

 791,488 809,164 822,489 838,754 853,478 870,157 885,424 896,297 909,678 920,728

$ 50.28 $ 51.40 $ 52.25 $ 53.28 $ 54.22 $ 55.28 $ 56.25 $ 56.94 $ 57.79 $ 58.49

 890,292 910,315 930,136 951,111 968,219 982,910 991,450 996,760 1,008,409 1,019,420

$ 56.56 $ 57.83 $ 59.09 $ 60.42 $ 61.51 $ 62.44 $ 62.98 $ 63.32 $ 64.06 $ 64.76

090000648107967e.xlsx

Annual Cash Flows ADep
Blue highlight identifies actual data as reported to FERC

Assumed Incremental 

Capital

Cost of Land & Land 

Rights ($)

Cost - Structures & 

Improvements ($)

746,202,514 1 1967

2 1968

3 1969

4 1970

5 1971

 100,000,000 6 1972

7 1973

8 1974

9 1975

10 1976

11 1977

12 1978

13 1979

14 1980

15 1981

16 1982

17 1983

18 1984

 300,000,000 19 1985

20 1986

21 1987

22 1988

23 1989

24 1990

25 1991

26 1992

27 1993

28 1994

29 1995 95,831 55,563,204
5,515,819 30 1996 107,404 59,689,116

7,925,634 31 1997 107,404 57,066,355

3,483,555 32 1998 107,404 61,444,438

38,731,059 33 1999 107,404 61,819,318

14,098,472 34 2000 107,405 62,261,868

-10,421,679 35 2001 103,334 59,650,300

54,585,608 36 2002 103,334 60,276,643

26,397,163 37 2003 103,334 62,727,350

37,903,997 38 2004 103,334 75,386,858

41,337,090 39 2005 103,334 76,028,360

18,749,736 40 2006 100,069 77,991,839

38,525,996 41 2007 103,277 85,772,814

56,387,814 42 2008 101,374 89,372,404

36,183,783 43 2009 103,277 92,394,261

1,515,606,561

1,400,000,000

1,600,000,000

Equipment & Structures Only

0

200,000,000

400,000,000

600,000,000

800,000,000

1,000,000,000

1,200,000,000

1,400,000,000

1,600,000,000

1995 1996 1997 1998 1999 2000 2001 2002

Equipment & Structures Only
Rate Base Depreciation

Installed Equipment & 

Facilities

Accumulated 

Depreciation

Revised Ratebase 

Estimated $ 1,433,666,501

$ 746,202,514 $ - $ 746,202,514 1 1968 $ 1,413,185,551 $ 20,480,950

$ 746,202,514 $ 10,973,566 $ 735,228,948 2 1969 $ 1,392,704,601 $ 40,961,900

$ 746,202,514 $ 21,947,133 $ 724,255,381 3 1970 $ 1,372,223,651 $ 61,442,850

$ 746,202,514 $ 32,920,699 $ 713,281,815 4 1971 $ 1,351,742,701 $ 81,923,800

$ 746,202,514 $ 43,894,266 $ 702,308,248 5 1972 $ 1,331,261,751 $ 102,404,750

$ 746,202,514 $ (45,132,168) $ 791,334,682 6 1973 $ 1,310,780,801 $ 122,885,700

$ 846,202,514 $ 67,428,700 $ 778,773,814 7 1974 $ 1,290,299,851 $ 143,366,650

$ 846,202,514 $ 79,989,568 $ 766,212,946 8 1975 $ 1,269,818,901 $ 163,847,600

$ 846,202,514 $ 92,550,436 $ 753,652,078 9 1976 $ 1,249,337,951 $ 184,328,550

$ 846,202,514 $ 105,111,304 $ 741,091,210 10 1977 $ 1,228,857,001 $ 204,809,500

$ 846,202,514 $ 117,672,172 $ 728,530,342 11 1978 $ 1,208,376,051 $ 225,290,450

$ 846,202,514 $ 130,233,040 $ 715,969,474 12 1979 $ 1,187,895,100 $ 245,771,400

$ 846,202,514 $ 142,793,908 $ 703,408,606 13 1980 $ 1,167,414,150 $ 266,252,350

$ 846,202,514 $ 155,354,776 $ 690,847,738 14 1981 $ 1,146,933,200 $ 286,733,300

As Originally Modeled

$ 846,202,514 $ 155,354,776 $ 690,847,738 14 1981 $ 1,146,933,200 $ 286,733,300

$ 846,202,514 $ 167,915,644 $ 678,286,870 15 1982 $ 1,126,452,250 $ 307,214,250

$ 846,202,514 $ 180,476,512 $ 665,726,002 16 1983 $ 1,105,971,300 $ 327,695,200

$ 846,202,514 $ 193,037,380 $ 653,165,134 17 1984 $ 1,085,490,350 $ 348,176,150

$ 846,202,514 $ 205,598,248 $ 640,604,266 18 1985 $ 1,065,009,400 $ 368,657,100

$ 846,202,514 $ (81,840,884) $ 928,043,398 19 1986 $ 1,044,528,450 $ 389,138,050

$ 1,146,202,514 $ 236,719,983 $ 909,482,531 20 1987 $ 1,024,047,500 $ 409,619,000

$ 1,146,202,514 $ 255,280,851 $ 890,921,663 21 1988 $ 1,003,566,550 $ 430,099,950

$ 1,146,202,514 $ 273,841,719 $ 872,360,795 22 1989 $ 983,085,600 $ 450,580,900

$ 1,146,202,514 $ 292,402,587 $ 853,799,927 23 1990 $ 962,604,650 $ 471,061,850

$ 1,146,202,514 $ 310,963,455 $ 835,239,059 24 1991 $ 942,123,700 $ 491,542,800

$ 1,146,202,514 $ 329,524,323 $ 816,678,191 25 1992 $ 921,642,750 $ 512,023,750

$ 1,146,202,514 $ 348,085,191 $ 798,117,323 26 1993 $ 901,161,800 $ 532,504,700

$ 1,146,202,514 $ 366,646,059 $ 779,556,455 27 1994 $ 880,680,850 $ 552,985,650

$ 1,146,202,514 $ 385,206,927 $ 760,995,587 28 1995 $ 860,199,900 $ 573,466,600
$ 1,146,202,514 $ 403,767,795 $ 742,434,719 29 1996 $ 839,718,950 $ 593,947,550

$ 1,151,718,333 $ 422,328,663 $ 729,389,670 30 1997 $ 819,238,000 $ 614,428,500

$ 1,159,643,967 $ 441,030,962 $ 718,613,005 31 1998 $ 798,757,050 $ 634,909,450

$ 1,163,127,522 $ 459,941,831 $ 703,185,691 32 1999 $ 778,276,100 $ 655,390,400

$ 1,201,858,581 $ 478,946,850 $ 722,911,731 33 2000 $ 757,795,150 $ 675,871,350

$ 1,215,957,053 $ 499,027,731 $ 716,929,322 34 2001 $ 737,314,200 $ 696,352,300

$ 1,205,535,374 $ 519,511,426 $ 686,023,948 35 2002 $ 716,833,250 $ 716,833,250

$ 1,260,120,982 $ 539,688,601 $ 720,432,381 36 2003 $ 696,352,300 $ 737,314,200

$ 1,286,518,145 $ 561,519,885 $ 724,998,260 37 2004 $ 675,871,350 $ 757,795,150

$ 1,324,422,142 $ 584,176,081 $ 740,246,061 38 2005 $ 655,390,400 $ 778,276,100

$ 1,365,759,232 $ 608,054,986 $ 757,704,246 39 2006 $ 634,909,450 $ 798,757,050

$ 1,384,508,968 $ 633,311,794 $ 751,197,174 40 2007 $ 614,428,500 $ 819,238,000

$ 1,423,034,964 $ 659,215,145 $ 763,819,819 41 2008 $ 593,947,550 $ 839,718,950

$ 1,479,422,778 $ 686,494,424 $ 792,928,354 42 2009 $ 573,466,600 $ 860,199,900

$ 1,515,606,561 $ 715,862,141 $ 799,744,420 43 2010 $ 552,985,650 $ 880,680,850

$ 1,515,606,561 $ 768,985,019 44 2011 $ 532,504,700 $ 901,161,800

$ 1,515,606,561 $ 738,225,618 45 2012 $ 512,023,750 $ 921,642,750

$ 1,515,606,561 $ 707,466,218 46 2013 $ 491,542,800 $ 942,123,700

$ 1,515,606,561 $ 676,706,817 47 2014 $ 471,061,850 $ 962,604,650

$ $ 1,515,606,561 1,515,606,561 $ $ 645,947,416 645,947,416 48 2015 $ $ 450,580,900 450,580,900 $ $ 983,085,600 983,085,600

$ 1,515,606,561 $ 615,188,015 49 2016 $ 430,099,950 $ 1,003,566,550

$ 1,515,606,561 $ 584,428,615 50 2017 $ 409,619,000 $ 1,024,047,500

$ 1,515,606,561 $ 553,669,214 51 2018 $ 389,138,050 $ 1,044,528,450

$ 1,515,606,561 $ 522,909,813 52 2019 $ 368,657,100 $ 1,065,009,400

$ 1,515,606,561 $ 492,150,412 53 2020 $ 348,176,150 $ 1,085,490,350

$ 1,515,606,561 $ 461,391,011 54 2021 $ 327,695,200 $ 1,105,971,300

$ 1,515,606,561 $ 430,631,611 55 2022 $ 307,214,250 $ 1,126,452,250

$ 1,515,606,561 $ 399,872,210 56 2023 $ 286,733,300 $ 1,146,933,200

$ 1,515,606,561 $ 369,112,809 57 2024 $ 266,252,350 $ 1,167,414,150

$ 1,515,606,561 $ 338,353,408 58 2025 $ 245,771,400 $ 1,187,895,100

$ 1,515,606,561 $ 307,594,008 59 2026 $ 225,290,450 $ 1,208,376,051

$ 1,515,606,561 $ 276,834,607 60 2027 $ 204,809,500 $ 1,228,857,001

$ 1,515,606,561 $ 246,075,206 61 2028 $ 184,328,550 $ 1,249,337,951

$ 1,515,606,561 $ 215,315,805 62 2029 $ 163,847,600 $ 1,269,818,901
$ 1,515,606,561 $ 184,556,405 63 2030 $ 143,366,650 $ 1,290,299,851

$ 1,515,606,561 $ 153,797,004 64 2031 $ 122,885,700 $ 1,310,780,801

$ 1,515,606,561 $ 123,037,603 65 2032 $ 102,404,750 $ 1,331,261,751

$ 1,515,606,561 $ 92,278,202 66 2033 $ 81,923,800 $ 1,351,742,701

$ 1,515,606,561 $ 61,518,802 67 2034 $ 61,442,850 $ 1,372,223,651

$ 1,515,606,561 $ 30,759,401 68 2035 $ 40,961,900 $ 1,392,704,601

$ - 69 2036 $ 20,480,950 $ 1,413,185,551

70 2037 $ - $ 1,433,666,501
ata as reported to FERC

Cost of Equipment 

($)

Gross Capital 

Expenditures ($) Gross CapEx/ kW 

Equipment & 

Structures Only Annual Increment

Cumulative Total 

Additions

746,202,514

746,202,514 0

746,202,514 0

746,202,514 0

746,202,514 0

746,202,514 0

846,202,514 100,000,000

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

846,202,514 0

1,146,202,514 300,000,000

1,146,202,514 0

1,146,202,514 0

1,146,202,514 0

1,146,202,514 0

1,146,202,514 0

1,146,202,514 0

1,146,202,514 0

1,146,202,514 0

1,090,639,310 1,146,298,345 505.07 1,146,202,514 0 0%
1,092,029,217 1,151,825,737 507.50 1,151,718,333 5,515,819 5,515,819 0%

1,102,577,612 1,159,751,371 510.99 1,159,643,967 7,925,634 13,441,453 1%

1,101,683,084 1,163,234,926 512.53 1,163,127,522 3,483,555 16,925,008 1%

1,140,039,263 1,201,965,985 529.59 1,201,858,581 38,731,059 55,656,067 5%

1,153,695,185 1,216,064,458 535.81 1,215,957,053 14,098,472 69,754,539 6%

1,145,885,074 1,205,638,708 531.21 1,205,535,374 -10,421,679 59,332,860 5%

1,199,844,339 1,260,224,316 555.26 1,260,120,982 54,585,608 113,918,468 10%

1,223,790,795 1,287,579,790 567.32 1,286,518,145 26,397,163 140,315,631 12%

1,249,035,284 1,325,830,783 584.17 1,324,422,142 37,903,997 178,219,628 16%

1,289,730,872 1,366,911,436 602.27 1,365,759,232 41,337,090 219,556,718 19%

1,306,517,129 1,385,568,884 610.49 1,384,508,968 18,749,736 238,306,454 21%

1,337,262,150 1,424,117,524 627.48 1,423,034,964 38,525,996 276,832,450 24%

1,390,050,374 1,480,482,236 652.31 1,479,422,778 56,387,814 333,220,264 29%

1,423,212,300 1,516,689,121 668.26 1,515,606,561 36,183,783 369,404,047 32%

Used in model 1,433,666,501

 Structures Only

60,000,000

Annual Increment

2003 2004 2005 2006 2007 2008 2009

 Structures Only

-20,000,000

-10,000,000

0

10,000,000

20,000,000

30,000,000

40,000,000

50,000,000

60,000,000

199519961997199819992000200120022003200420052006200720082009

Annual Increment
69 68 67 66 65 64

1966 1967 1968 1969 1970 1971

$ 1,413,185,551 $ 746,202,514

$ 1,392,704,601 $ 735,228,948

$ 1,372,223,651 $ 724,255,381

$ 1,351,742,701 $ 713,281,815

$ 1,331,261,751 $ 702,308,248

$ 1,310,780,801 $ 691,334,682

$ 1,290,299,851 $ 680,361,116

$ 1,269,818,901 $ 669,387,549

$ 1,249,337,951 $ 658,413,983

$ 1,228,857,001 $ 647,440,417

$ 1,208,376,051 $ 636,466,850

$ 1,187,895,100 $ 625,493,284

$ 1,167,414,150 $ 614,519,717

$ 1,146,933,200 $ 603,546,151

$ 1,126,452,250 $ 592,572,585

$ 1,105,971,300 $ 581,599,018

$ 1,085,490,350 $ 570,625,452

$ 1,065,009,400 $ 559,651,886

$ 1,044,528,450 $ 548,678,319

$ 1,024,047,500 $ 537,704,753

$ 1,003,566,550 $ 526,731,186

$ 983,085,600 $ 515,757,620

$ 962,604,650 $ 504,784,054

$ 942,123,700 $ 493,810,487

$ 921,642,750 $ 482,836,921

$ 901,161,800 $ 471,863,354

$ 880,680,850 $ 460,889,788

$ 860,199,900 $ 449,916,222
$ 839,718,950 $ 438,942,655

$ 819,238,000 $ 427,969,089

$ 798,757,050 $ 416,995,523

$ 778,276,100 $ 406,021,956

$ 757,795,150 $ 395,048,390

$ 737,314,200 $ 384,074,823

$ 716,833,250 $ 373,101,257

$ 696,352,300 $ 362,127,691

$ 675,871,350 $ 351,154,124

$ 655,390,400 $ 340,180,558

$ 634,909,450 $ 329,206,991

$ 614,428,500 $ 318,233,425

$ 593,947,550 $ 307,259,859

$ 573,466,600 $ 296,286,292

$ 552,985,650 $ 285,312,726

$ 532,504,700 $ 274,339,160

$ 512,023,750 $ 263,365,593

$ 491,542,800 $ 252,392,027

$ 471,061,850 $ 241,418,460

$ 450,580,900 $ 230,444,894

$ 430,099,950 $ 219,471,328

$ 409,619,000 $ 208,497,761

$ 389,138,050 $ 197,524,195

$ 368,657,100 $ 186,550,629

$ 348,176,150 $ 175,577,062

$ 327,695,200 $ 164,603,496

$ 307,214,250 $ 153,629,929

$ 286,733,300 $ 142,656,363

$ 266,252,350 $ 131,682,797

$ 245,771,400 $ 120,709,230

$ 225,290,450 $ 109,735,664

$ 204,809,500 $ 98,762,097

$ 184,328,550 $ 87,788,531

$ 163,847,600 $ 76,814,965
$ 143,366,650 $ 65,841,398

$ 122,885,700 $ 54,867,832

$ 102,404,750 $ 43,894,266

$ 81,923,800 $ 32,920,699

$ 61,442,850 $ 21,947,133

$ 40,961,900 $ 10,973,566

$ 20,480,950 $ -

$ -
Increase Since 1995
26,386,003

Annual Increment
63 50 39 38 37 36

1972 1985 1996 1997 1998 1999

$ 100,000,000

$ 98,412,698

$ 96,825,397

$ 95,238,095

$ 93,650,794

$ 92,063,492

$ 90,476,190

$ 88,888,889

$ 87,301,587

$ 85,714,286

$ 84,126,984

$ 82,539,683

$ 80,952,381

$ 79,365,079 $ 300,000,000

$ 77,777,778 $ 294,000,000

$ 76,190,476 $ 288,000,000

$ 74,603,175 $ 282,000,000

$ 73,015,873 $ 276,000,000

$ 71,428,571 $ 270,000,000

$ 69,841,270 $ 264,000,000

$ 68,253,968 $ 258,000,000

$ 66,666,667 $ 252,000,000

$ 65,079,365 $ 246,000,000
$ 63,492,063 $ 240,000,000

$ 61,904,762 $ 234,000,000 $ 5,515,819

$ 60,317,460 $ 228,000,000 $ 5,374,388 $ 7,925,634

$ 58,730,159 $ 222,000,000 $ 5,232,956 $ 7,717,065 $ 3,483,555

$ 57,142,857 $ 216,000,000 $ 5,091,525 $ 7,508,495 $ 3,389,405 $ 38,731,059

$ 55,555,556 $ 210,000,000 $ 4,950,094 $ 7,299,926 $ 3,295,255 $ 37,655,196

$ 53,968,254 $ 204,000,000 $ 4,808,663 $ 7,091,357 $ 3,201,105 $ 36,579,334

$ 52,380,952 $ 198,000,000 $ 4,667,231 $ 6,882,787 $ 3,106,954 $ 35,503,471

$ 50,793,651 $ 192,000,000 $ 4,525,800 $ 6,674,218 $ 3,012,804 $ 34,427,608

$ 49,206,349 $ 186,000,000 $ 4,384,369 $ 6,465,649 $ 2,918,654 $ 33,351,745

$ 47,619,048 $ 180,000,000 $ 4,242,938 $ 6,257,079 $ 2,824,504 $ 32,275,883

$ 46,031,746 $ 174,000,000 $ 4,101,506 $ 6,048,510 $ 2,730,354 $ 31,200,020

$ 44,444,444 $ 168,000,000 $ 3,960,075 $ 5,839,941 $ 2,636,204 $ 30,124,157

$ 42,857,143 $ 162,000,000 $ 3,818,644 $ 5,631,372 $ 2,542,054 $ 29,048,294

$ 41,269,841 $ 156,000,000 $ 3,677,213 $ 5,422,802 $ 2,447,904 $ 27,972,432

$ 39,682,540 $ 150,000,000 $ 3,535,781 $ 5,214,233 $ 2,353,753 $ 26,896,569

$ 38,095,238 $ 144,000,000 $ 3,394,350 $ 5,005,664 $ 2,259,603 $ 25,820,706

$ 36,507,937 $ 138,000,000 $ 3,252,919 $ 4,797,094 $ 2,165,453 $ 24,744,843

$ 34,920,635 $ 132,000,000 $ 3,111,488 $ 4,588,525 $ 2,071,303 $ 23,668,981

$ $ 33,333,333 33,333,333 $ $ 126,000,000 126,000,000 $ $ 2,970,056 2,970,056 $ $ 4,379,956 4,379,956 $ $ 1,977,153 1,977,153 $ $ 22,593,118 22,593,118

$ 31,746,032 $ 120,000,000 $ 2,828,625 $ 4,171,386 $ 1,883,003 $ 21,517,255

$ 30,158,730 $ 114,000,000 $ 2,687,194 $ 3,962,817 $ 1,788,853 $ 20,441,392

$ 28,571,429 $ 108,000,000 $ 2,545,763 $ 3,754,248 $ 1,694,702 $ 19,365,530

$ 26,984,127 $ 102,000,000 $ 2,404,331 $ 3,545,678 $ 1,600,552 $ 18,289,667

$ 25,396,825 $ 96,000,000 $ 2,262,900 $ 3,337,109 $ 1,506,402 $ 17,213,804

$ 23,809,524 $ 90,000,000 $ 2,121,469 $ 3,128,540 $ 1,412,252 $ 16,137,941

$ 22,222,222 $ 84,000,000 $ 1,980,038 $ 2,919,970 $ 1,318,102 $ 15,062,079

$ 20,634,921 $ 78,000,000 $ 1,838,606 $ 2,711,401 $ 1,223,952 $ 13,986,216

$ 19,047,619 $ 72,000,000 $ 1,697,175 $ 2,502,832 $ 1,129,802 $ 12,910,353

$ 17,460,317 $ 66,000,000 $ 1,555,744 $ 2,294,262 $ 1,035,651 $ 11,834,490

$ 15,873,016 $ 60,000,000 $ 1,414,313 $ 2,085,693 $ 941,501 $ 10,758,628

$ 14,285,714 $ 54,000,000 $ 1,272,881 $ 1,877,124 $ 847,351 $ 9,682,765

$ 12,698,413 $ 48,000,000 $ 1,131,450 $ 1,668,555 $ 753,201 $ 8,606,902

$ 11,111,111 $ 42,000,000 $ 990,019 $ 1,459,985 $ 659,051 $ 7,531,039
$ 9,523,810 $ 36,000,000 $ 848,588 $ 1,251,416 $ 564,901 $ 6,455,177

$ 7,936,508 $ 30,000,000 $ 707,156 $ 1,042,847 $ 470,751 $ 5,379,314

$ 6,349,206 $ 24,000,000 $ 565,725 $ 834,277 $ 376,601 $ 4,303,451

$ 4,761,905 $ 18,000,000 $ 424,294 $ 625,708 $ 282,450 $ 3,227,588

$ 3,174,603 $ 12,000,000 $ 282,863 $ 417,139 $ 188,300 $ 2,151,726

$ 1,587,302 $ 6,000,000 $ 141,431 $ 208,569 $ 94,150 $ 1,075,863

$ - $ - $ - $ - $ - $ -


35 34 33 32 31 30 29

2000 2001 2002 2003 2004 2005 2006
$ 14,098,472

$ 13,695,659 $ (10,421,679)

$ 13,292,845 $ (10,115,159) $ 54,585,608

$ 12,890,032 $ (9,808,639) $ 52,931,499 $ 26,397,163

$ 12,487,218 $ (9,502,119) $ 51,277,389 $ 25,572,252 $ 37,903,997

$ 12,084,405 $ (9,195,599) $ 49,623,280 $ 24,747,340 $ 36,681,287 $ 41,337,090

$ 11,681,591 $ (8,889,079) $ 47,969,171 $ 23,922,429 $ 35,458,578 $ 39,959,187 $ 18,749,736

$ 11,278,778 $ (8,582,559) $ 46,315,061 $ 23,097,518 $ 34,235,868 $ 38,581,284 $ 18,103,193

$ 10,875,964 $ (8,276,039) $ 44,660,952 $ 22,272,606 $ 33,013,159 $ 37,203,381 $ 17,456,651

$ 10,473,151 $ (7,969,519) $ 43,006,843 $ 21,447,695 $ 31,790,449 $ 35,825,478 $ 16,810,108

$ 10,070,337 $ (7,662,999) $ 41,352,733 $ 20,622,784 $ 30,567,740 $ 34,447,575 $ 16,163,566

$ 9,667,524 $ (7,356,479) $ 39,698,624 $ 19,797,872 $ 29,345,030 $ 33,069,672 $ 15,517,023

$ 9,264,710 $ (7,049,959) $ 38,044,515 $ 18,972,961 $ 28,122,320 $ 31,691,769 $ 14,870,480

$ 8,861,897 $ (6,743,439) $ 36,390,405 $ 18,148,050 $ 26,899,611 $ 30,313,866 $ 14,223,938

$ $ 8,459,083 8,459,083 $ $ (6,436,919) (6,436,919) $ $ 34,736,296 34,736,296 $ $ 17,323,138 17,323,138 $ $ 25,676,901 25,676,901 $ $ 28,935,963 28,935,963 $ $ 13,577,395 13,577,395

$ 8,056,270 $ (6,130,399) $ 33,082,187 $ 16,498,227 $ 24,454,192 $ 27,558,060 $ 12,930,852

$ 7,653,456 $ (5,823,879) $ 31,428,077 $ 15,673,316 $ 23,231,482 $ 26,180,157 $ 12,284,310

$ 7,250,643 $ (5,517,359) $ 29,773,968 $ 14,848,404 $ 22,008,772 $ 24,802,254 $ 11,637,767

$ 6,847,829 $ (5,210,840) $ 28,119,859 $ 14,023,493 $ 20,786,063 $ 23,424,351 $ 10,991,225

$ 6,445,016 $ (4,904,320) $ 26,465,749 $ 13,198,582 $ 19,563,353 $ 22,046,448 $ 10,344,682

$ 6,042,202 $ (4,597,800) $ 24,811,640 $ 12,373,670 $ 18,340,644 $ 20,668,545 $ 9,698,139

$ 5,639,389 $ (4,291,280) $ 23,157,531 $ 11,548,759 $ 17,117,934 $ 19,290,642 $ 9,051,597

$ 5,236,575 $ (3,984,760) $ 21,503,421 $ 10,723,847 $ 15,895,225 $ 17,912,739 $ 8,405,054

$ 4,833,762 $ (3,678,240) $ 19,849,312 $ 9,898,936 $ 14,672,515 $ 16,534,836 $ 7,758,511

$ 4,430,948 $ (3,371,720) $ 18,195,203 $ 9,074,025 $ 13,449,805 $ 15,156,933 $ 7,111,969

$ 4,028,135 $ (3,065,200) $ 16,541,093 $ 8,249,113 $ 12,227,096 $ 13,779,030 $ 6,465,426

$ 3,625,321 $ (2,758,680) $ 14,886,984 $ 7,424,202 $ 11,004,386 $ 12,401,127 $ 5,818,884

$ 3,222,508 $ (2,452,160) $ 13,232,875 $ 6,599,291 $ 9,781,677 $ 11,023,224 $ 5,172,341

$ 2,819,694 $ (2,145,640) $ 11,578,765 $ 5,774,379 $ 8,558,967 $ 9,645,321 $ 4,525,798
$ 2,416,881 $ (1,839,120) $ 9,924,656 $ 4,949,468 $ 7,336,257 $ 8,267,418 $ 3,879,256

$ 2,014,067 $ (1,532,600) $ 8,270,547 $ 4,124,557 $ 6,113,548 $ 6,889,515 $ 3,232,713

$ 1,611,254 $ (1,226,080) $ 6,616,437 $ 3,299,645 $ 4,890,838 $ 5,511,612 $ 2,586,170

$ 1,208,440 $ (919,560) $ 4,962,328 $ 2,474,734 $ 3,668,129 $ 4,133,709 $ 1,939,628

$ 805,627 $ (613,040) $ 3,308,219 $ 1,649,823 $ 2,445,419 $ 2,755,806 $ 1,293,085

$ 402,813 $ (306,520) $ 1,654,109 $ 824,911 $ 1,222,710 $ 1,377,903 $ 646,543

$ - $ - $ - $ - $ - $ - $ -


28 27 26

2007 2008 2009 2010 2011 2012 2013
$ 38,525,996

$ 37,150,068 $ 56,387,814

$ 35,774,139 $ 54,299,376 $ 36,183,783 $ 799,744,420

$ 34,398,211 $ 52,210,939 $ 34,792,099 $ 768,985,019

$ 33,022,282 $ 50,122,501 $ 33,400,415 $ 738,225,618

$ 31,646,354 $ 48,034,064 $ 32,008,731 $ 707,466,218

$ 30,270,425 $ 45,945,626 $ 30,617,047

$ $ 28,894,497 28,894,497 $ $ 43,857,189 43,857,189 $ $ 29,225,363 29,225,363

$ 27,518,569 $ 41,768,751 $ 27,833,679

$ 26,142,640 $ 39,680,314 $ 26,441,995

$ 24,766,712 $ 37,591,876 $ 25,050,311

$ 23,390,783 $ 35,503,438 $ 23,658,627

$ 22,014,855 $ 33,415,001 $ 22,266,943

$ 20,638,926 $ 31,326,563 $ 20,875,259

$ 19,262,998 $ 29,238,126 $ 19,483,575

$ 17,887,070 $ 27,149,688 $ 18,091,892

$ 16,511,141 $ 25,061,251 $ 16,700,208

$ 15,135,213 $ 22,972,813 $ 15,308,524

$ 13,759,284 $ 20,884,376 $ 13,916,840

$ 12,383,356 $ 18,795,938 $ 12,525,156

$ 11,007,427 $ 16,707,500 $ 11,133,472

$ 9,631,499 $ 14,619,063 $ 9,741,788
$ 8,255,571 $ 12,530,625 $ 8,350,104

$ 6,879,642 $ 10,442,188 $ 6,958,420

$ 5,503,714 $ 8,353,750 $ 5,566,736

$ 4,127,785 $ 6,265,313 $ 4,175,052

$ 2,751,857 $ 4,176,875 $ 2,783,368

$ 1,375,928 $ 2,088,438 $ 1,391,684

$ - $ - $ -

2011 2012 2013

Rate Base $ 768,985,019 $ 738,225,618 $ 707,466,218

Depreciation $ 30,759,401 $ 30,759,401 $ 30,759,401


2014 2015 2016 2017 2018 2019 2020 2021
$ 676,706,817

$ 645,947,416

$ 615,188,015

$ 584,428,615

$ 553,669,214

$ 522,909,813

$ 492,150,412

$ 461,391,011
2014 2015 2016 2017 2018 2019 2020 2021

$ 676,706,817 $ 645,947,416 $ 615,188,015 $ 584,428,615 $ 553,669,214 $ 522,909,813 $ 492,150,412 $ 461,391,011

$ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401


2022 2023 2024 2025 2026 2027 2028 2029
$ 430,631,611

$ 399,872,210

$ 369,112,809

$ 338,353,408

$ 307,594,008

$ 276,834,607

$ 246,075,206

$ 215,315,805
2022 2023 2024 2025 2026 2027 2028 2029

$ 430,631,611 $ 399,872,210 $ 369,112,809 $ 338,353,408 $ 307,594,008 $ 276,834,607 $ 246,075,206 $ 215,315,805

$ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401


2030 2031 2032 2033 2034 2035

$ 184,556,405

$ 153,797,004

$ 123,037,603

$ 92,278,202

$ 61,518,802

$ 30,759,401

$ -

2030 2031 2032 2033 2034 2035 2036

$ 184,556,405 $ 153,797,004 $ 123,037,603 $ 92,278,202 $ 61,518,802 $ 30,759,401 $ -

$ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ 30,759,401 $ -
Four Corners

Power Plant Profile - 2009 Filed Data

Owner Ultimate Parent Ownership(%)

Calculated 

FCPP MWh

2009 Reported 

FCPP MWh

Total Utility 

Retail Sales 

MWh

% of Utility 

FCPP MWh as % 

of Total Sales

2009 Reported Retail 

Revenues

Arizona Public Service Co. Pinnacle West Capital Corp. 38.72 798 879 6,055,614 6,045,897 28,173,296 21% $ 2,962,740,059

Southern California Edison Co. Edison International 34.60 713 785 5,411,267 5,518,905 85,848,831 6% $ 9,491,118,770

Public Service Co. of NM PNM Resources Inc. 9.37 193 213

Salt River Project Salt River Project 7.21 149 164

Tucson Electric Power Co. UniSource Energy Corp. 5.05 104 115

El Paso Electric Co. El Paso Electric Co. 5.05 104 115

2060 2270

Operator Plant Description

Arizona Public Service Co. Operating Status Operating

Current Operating Capacity (MW) 2,060.0

Site Information Technology Type Steam Turbine: Boiler

County, State San Juan, NM Fuel Type Coal

NERC Region/Subregion WECC/AZNMSN Year First Unit in Service 1963

RTO/ISO NA Cogenerator? No

Power Control Area Arizona Public Service Company Primary Purpose Utilities

Interconnected Utility Arizona Public Service Co. Regulatory Status Regulated

Water Source Lake River FERC Exempt Wholesale Generator? NA

FERC Qualifying Facility? NA

Summary Operating Data - 2009

Operating Capacity (MW) 2,060.0

Net Generation (MWh) 15,639,500

Heat Rate (Btu/kWh) 10,056 10.056 MMBtu/MWh

Capacity Factor (%) 86.67

Total Production Costs ($/MWh) NA

Operating Operating In-Service

Unit ID Capacity (MW) Status Month - Year

Age in 

Yrs

Four Corners ST 1 8% 170.0 13% Operating May - 1963 1963 46 8%

Four Corners ST 2 8% 170.0 14% Operating Jun - 1963 1963 46 8%

Four Corners ST 3 11% 220.0 13% Operating Aug - 1964 1964 45 ##

Four Corners ST 4 36% 750.0 30% Operating Jul - 1969 1969 40 ##

Four Corners ST 5 36% 750.0 30% Operating Jul - 1970 1970 39 ##

2,060.0 43.2 Average

1
FCPP 2009 FERC F-1 Reporting: Unit Production Statistics (Pgs 402.1, 403.1, 402.2)

APS 2009 F1 Filing

Unit 1

Nameplate Capacity (MW) 190

Summer Net Capacity (MW) 170

% of Ownership 100%

Total Installed Cap (Max Name Plate Ratings-MW) APS Share) 190

Net Peak Demand on Plant -MW (60 minutes) 193

Plant Hours Connected to Load 8246

Net Continuous Plant Capability (Megawatts) 0

When Not Limited by Condenser Water 170

When Limited by Condenser Water 170

Average Number of Employees 82

Net Generation, Exclusive of Plant Use -KWh 1,370,157,311

Net Generation Full Plant by Unit - kWh 1,370,157,311

100%

APS Share 100%

Cost of Plant: Land and Land Rights $ 13,895

Structures and Improvements $ 13,741,707

Equipment Costs $ 102,629,528

Asset Retirement Costs $ 95,613

Total Cost $ 116,480,743

$ 116,480,743

Cost per KW of Installed Capacity (line 17/5) Including $ 613.06

Cost per kW of Installed Cap Full Plant $ 613.06

Production Expenses: Oper, Supv, & Engr $ 312,528

Fuel $ 24,943,821

Fuel Full Plant $ 24,943,821

Fuel Full Plant $/MWh $ 0.01821

Coolants and Water (Nuclear Plants Only) $ -

Steam Expenses $ 2,586,078

Steam From Other Sources $ -

Steam Transferred (Cr) $ -

Electric Expenses $ 366,933

Misc Steam (or Nuclear) Power Expenses $ 2,421,506

Rents $ 62,346

Allowances $ -

Maintenance Supervision and Engineering $ 560,950

Maintenance of Structures $ 484,070

Maintenance of Boiler (or reactor) Plant $ 3,583,118

Maintenance of Electric Plant $ 1,119,421

Maintenance of Misc Steam (or Nuclear) Plant $ 1,225,708

Total Production Expenses $ 37,666,479

Summation Xcheck $ 37,666,479

Total Production Expenses Full Plant $ 37,666,479

Expenses per Net KWh $ 0.02749

Expenses per Net KWh Full Plant $ 0.02749
Fuel: Kind (Coal, Gas, Oil, or Nuclear) Coal

Unit (Coal-tons/Oil-barrel/Gas-mcf/Nuclear-indicate) Tons MCF

Quantity (Units) of Fuel Burned 812,810#

Avg Heat Cont -Fuel Burned (btu/indicate if nuclear) 8,890#

Avg Cost of Fuel/unit, as Delvd f.o.b. during year 29.1536

Average Cost of Fuel per Unit Burned 30.2546

Average Cost of Fuel Burned per Million BTU 1.7026

Average Cost of Fuel Burned per KWh Net Gen 0.0180
BLACK VALUES REPORTED FOR APS SHARE ONLY

BLUE VALUES - CALCULATED FOR FULL PLANT

Unit 2 Unit3 Unit 4 Unit 5

190 253 818.1 818.1

170 220 750 750

100% 100% 15% 15%

190 253 123 123

208 247 120 122

8165 7631 7903 7736

0 0 0 0

170 220 116 116

170 220 116 116

60 59 32 38

 1,344,305,023 1,623,716,913 845,419,057 862,298,843

 1,344,305,023 1,623,716,913 5,623,067,728 5,735,338,890

100% 100% 15% 15%

100% 100% 15% 15%

$ 13,649 $ 18,146 $ 7,596 $ 10,760

$ 10,629,468 $ 12,384,326 $ 7,376,757 $ 5,460,785

$ 103,677,631 $ 139,581,425 $ 60,703,702 $ 91,013,183

$ 95,613 $ 132,775 $ 96,864 $ 104,042

$ 114,416,361 $ 152,116,672 $ 68,184,919 $ 96,588,770

$ 114,416,361 $ 152,116,672 $ 453,512,864 $ 642,433,112

$ 602.19 $ 601.25 $ 554.35 $ 785.27

$ 602.19 $ 601.25 $ 554.35 $ 785.27

$ 96,234 $ 588,314 $ 104,722 $ 116,363

$ 24,823,781 $ 29,175,290 $ 14,092,799 $ 14,361,278

$ 24,823,781 $ 29,175,290 $ 93,734,300 $ 95,520,012

$ 0.01847 $ 0.01797 $ 0.01667 $ 0.01665

$ - $ - $ - $ -

$ 2,586,567 $ 2,595,780 $ 1,385,547 $ 1,386,155

$ - $ - $ - $ -

$ - $ - $ - $ -

$ 366,933 $ 366,621 $ 106,316 $ 106,316

$ 1,845,955 $ 2,070,209 $ 341,161 $ 513,580

$ 62,346 $ 62,346 $ 34,900 $ 34,900

$ - $ - $ - $ -

$ 664,809 $ 463,508 $ 160,414 $ 156,233

$ 425,434 $ 522,759 $ 102,398 $ 91,254

$ 3,778,219 $ 10,161,380 $ 2,030,764 $ 1,782,163

$ 944,081 $ 3,996,990 $ 315,707 $ 226,128

$ 1,184,677 $ 2,031,456 $ 591,604 $ 430,295

$ 36,779,036 $ 52,034,653 $ 19,266,332 $ 19,204,665

$ 36,779,036 $ 52,034,653 $ 19,266,332 $ 19,204,665

$ 36,779,036 $ 52,034,653 $ 128,144,603 $ 127,734,443

$ 0.02227

$ 0.02227
Coal

Tons MCF Tons MCF Tons MCF Tons

 820,550 # 973,330 # 467,230 # 473,760

 8,889 # 8,883 # 8,889 # 8,891

28.469 8 28.648 8 28.59 9 28.749

29.56 9 29.567 9 29.888 11 30.024

1.663 9 1.664 9 1.681 11 1.689

0.018 0 0.018 0 0.017 0 0.017
Totals

 2,270 Confirmed by SNL reporting

 2,060 Confirmed by SNL reporting

38.72% Confirmed by SNL reporting

86.67

879

792

 6,045,897,147

 15,696,585,865

 15,639,500 Net MWh Summary data from EIA per SNL

 10,056 HR

$ 64,046 CF

$ 49,593,043

$ 497,605,469

$ 524,907

$ 547,787,465 360

$ 1,478,959,751

$ 651.52

$ 1,218,161

$ 107,396,969

$ 268,197,204

$ 0.01709

$ -

$ 10,540,127

$ -

$ -

$ 1,313,119

$ 7,192,411

$ 256,838

$ -

$ 2,005,914

$ 1,625,915

$ 21,335,644

$ 6,602,327

$ 5,463,740

$ 164,951,165

$ 164,951,165

$ 382,359,214

$ 0.02728

$ 0.02436
Gas

MCF

 14,520

 1,014,050

8.218

9.433

9.302

0.091
FCPP Cost Estimates

Retrofit Type Source of Cost Estimate

LNB/OFA SRP Aug 2008, BART Cost Update, letter to EPA

SNCR SRP Aug 2008, BART Cost Update, letter to EPA

SCR EPA Aug 24, 2010, email to Energy Strategies

Unit OPEX CAPEX OPEX CAPEX OPEX CAPEX

1 $ - $ - $265,000 $ 4,109,000 $ 2,578,000 $ 10,866,000

2 $ - $ - $265,000 $ 4,109,000 $ 2,224,000 $ 10,742,000

3 $ - $ - $304,000 $ 4,701,000 $ 2,597,000 $ 12,137,000

4 $ 8,189,000 $ 217,727,260 $1,008,000 $ 15,260,000 $ 6,531,000 $ 25,890,000

5 $ 8,189,000 $ 217,727,260 $1,008,000 $ 15,260,000 $ 6,531,000 $ 25,890,000

$ 16,378,000 $ 435,454,520 $ 2,850,000 $ 43,439,000 $ 20,461,000 $ 85,525,000

OPEX and CAPEX Cost Tables Linked to "Input Table" tab. (2008$)

SCR LNB SNCR 

090000648107967e.xlsx

Project Cost Data
FCPP -Depreciation Worksheet

LNB/SOFA

Gross Capital Estimated Cost

Escalated to 2010 

Dollars

Year 

Installed

Yrs Out 

from 2010 Installed Year Cost Dollars

Useful Life 

(Yrs) Salvage

Annual 

Depreciation

Unit No. 1 LNB/OFA $ 4,109,000 $ 4,191,180 2015 5 $ 4,858,726 20 $ - $ 242,936

Unit No. 2 LNB/OFA $ 4,109,000 $ 4,191,180 2015 5 $ 4,858,726 20 $ - $ 242,936

Unit No. 3 LNB/OFA $ 4,701,000 $ 4,795,020 2015 5 $ 5,558,742 20 $ - $ 277,937

Unit No. 4 LNB/OFA $ 15,260,000 $ 15,565,200 2013 3 $ 17,008,514 20 $ - $ 850,426

Unit No. 5 LNB/OFA $ 15,260,000 $ 15,565,200 2014 4 $ 17,518,770 20 $ - $ 875,939

$ 43,439,000 $ 44,307,780 $ 49,803,478 $ 2,490,174

SNCR

Gross Capital

2008 SRP Cost 

Estimate

2008 Escalated to 

2010 Dollars

Year 

Installed

Yrs Out 

from 2010 Installed Year Cost Dollars

Useful Life 

(Yrs)

Salvage 

Value

Annual 

Depreciation

Unit No. 1 SNCR $ 10,866,000 $ 11,083,320 2015 5 $ 12,848,606 20 $ - $ 642,430

Unit No. 2 SNCR $ 10,742,000 $ 10,956,840 2015 5 $ 12,701,981 20 $ - $ 635,099

Unit No. 3 SNCR $ 12,137,000 $ 12,379,740 2015 5 $ 14,351,512 20 $ - $ 717,576

Unit No. 4 SNCR $ 25,890,000 $ 26,407,800 2013 3 $ 28,856,516 20 $ - $ 1,442,826

Unit No. 5 SNCR $ 25,890,000 $ 26,407,800 2014 4 $ 29,722,212 20 $ - $ 1,486,111

$ 87,235,500 $ 98,480,827 $ 4,924,041

SCR Case

Gross Capital Estimated Cost

Escalated to 2010 

Dollars

Year 

Installed

Yrs Out 

from 2010 Installed Year Cost Dollars

Useful Life 

(Yrs) Salvage

Annual 

Depreciation

Unit No. 1 S C R $ - $ - 2015 5 $ - 20 $ - $ -

Unit No. 2 S C R $ - $ - 2015 5 $ - 20 $ - $ -

Unit No. 3 S C R $ - $ - 2015 5 $ - 20 $ - $ -

Unit No. 4 S C R $ 217,727,260 $ 222,081,805 2013 3 $ 242,674,785 20 $ - $ 12,133,739

Unit No. 5 S C R $ 217,727,260 $ 222,081,805 2014 4 $ 249,955,028 20 $ - $ 12,497,751

$ 435,454,520 $ 444,163,610 $ 492,629,813 $ 24,631,491
FCPP -Accelerated Depreciation Deferred Tax Revenue Requirement Dolllars $000

LNB/SOFA YEAR 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

Calculated Rate Base

Unit No. 1 LNB/OFA 2015 - - - - 4,361 3,863 3,365 2,867 2,369 2,211 2,053 1,895 1,737 1,579 1,421 1,263 1,105 947 790 632 474 316 158 (0) (0)

Unit No. 2 LNB/OFA 2015 - - - - 4,361 3,863 3,365 2,867 2,369 2,211 2,053 1,895 1,737 1,579 1,421 1,263 1,105 947 790 632 474 316 158 (0) (0)

Unit No. 3 LNB/OFA 2015 - - - - 4,989 4,419 3,849 3,280 2,710 2,529 2,349 2,168 1,987 1,807 1,626 1,445 1,265 1,084 903 723 542 361 181 (0) (0)

Unit No. 4 LNB/OFA 2013 - - 15,265 13,522 11,778 10,035 8,292 7,739 7,186 6,633 6,081 5,528 4,975 4,422 3,869 3,317 2,764 2,211 1,658 1,106 553 (0) (0) (0) (0)

Unit No. 5 LNB/OFA 2014 - - - 15,723 13,927 12,132 10,336 8,540 7,971 7,402 6,832 6,263 5,694 5,124 4,555 3,986 3,416 2,847 2,277 1,708 1,139 569 (0) (0) (0)

 - - 15,265 29,245 39,416 34,311 29,206 25,292 22,604 20,986 19,367 17,748 16,130 14,511 12,893 11,274 9,655 8,037 6,418 4,800 3,181 1,562 496 (0) (0)

SNCR 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

Calculated Rate Base

Unit No. 1 SNCR 2015 - - - - 11,532 10,215 8,898 7,581 6,264 5,846 5,429 5,011 4,593 4,176 3,758 3,341 2,923 2,505 2,088 1,670 1,253 835 418 0 0

Unit No. 2 SNCR 2015 - - - - 11,400 10,098 8,796 7,494 6,192 5,779 5,367 4,954 4,541 4,128 3,715 3,303 2,890 2,477 2,064 1,651 1,238 826 413 (0) (0)

Unit No. 3 SNCR 2015 - - - - 12,880 11,409 9,938 8,467 6,996 6,530 6,064 5,597 5,131 4,664 4,198 3,731 3,265 2,799 2,332 1,866 1,399 933 466 - (0)

Unit No. 4 SNCR 2013 - - 25,899 22,941 19,983 17,025 14,068 13,130 12,192 11,254 10,316 9,378 8,441 7,503 6,565 5,627 4,689 3,751 2,814 1,876 938 0 0 0 0

Unit No. 5 SNCR 2014 - - - 26,676 23,629 20,583 17,536 14,490 13,524 12,558 11,592 10,626 9,660 8,694 7,728 6,762 5,796 4,830 3,864 2,898 1,932 966 0 0 0

 - - 25,899 49,617 79,424 69,330 59,236 51,162 45,168 41,967 38,767 35,566 32,365 29,165 25,964 22,763 19,563 16,362 13,161 9,961 6,760 3,560 1,297 0 0

S C R 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035

Calculated Rate Base

Unit No. 1 S C R 2015 - - - - - - - - - - - - - - - - - - - - - - - - -

Unit No. 2 S C R 2015 - - - - - - - - - - - - - - - - - - - - - - - - -

Unit No. 3 S C R 2015 - - - - - - - - - - - - - - - - - - - - - - - - -

Unit No. 4 S C R 2013 - - 217,801 192,926 168,052 143,178 118,304 110,417 102,530 94,643 86,756 78,869 70,982 63,095 55,209 47,322 39,435 31,548 23,661 15,774 7,887 (0) (0) (0) (0)

Unit No. 5 S C R 2014 - - - 224,335 198,714 173,094 147,473 121,853 113,730 105,606 97,482 89,359 81,235 73,112 64,988 56,865 48,741 40,618 32,494 24,371 16,247 8,124 (0) (0) (0)

 - - 217,801 417,261 366,767 316,272 265,777 232,270 216,260 200,249 184,239 168,228 152,218 136,207 120,197 104,186 88,176 72,165 56,155 40,144 24,134 8,124 (0) (0) (0)
Accelerated Depreciation & Deferred Tax Calculations

Year

Date Depreciation Year

Line

No Description

Annual Capital Recovery Charge

LNB/ SOFA

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 1 LNB/OFA $ 4,859

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SNCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 1 SNCR $ 12,849

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula
14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 1 S C R $ -

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula
1 2 3 4 5 6 7 8

2015 2016 2017 2018 2019 2020 2021 2022

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 243 486 729 972 1,215 1,458 1,701 1,943

20 19 18 17 16 15 14 13

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 243 486 729 972 1,215 1,458 1,701 1,943

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 972 972 972 972 972 - - -

 255 255 255 255 255 (85) (85) (85)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 255 510 765 1,020 1,275 1,190 1,105 1,020

 4,361 3,863 3,365 2,867 2,369 2,211 2,053 1,895

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 642 642 642 642 642 642 642 642

 642 1,285 1,927 2,570 3,212 3,855 4,497 5,139

20 19 18 17 16 15 14 13

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 642 642 642 642 642 642 642 642

 642 1,285 1,927 2,570 3,212 3,855 4,497 5,139

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 2,570 2,570 2,570 2,570 2,570 - - -

 675 675 675 675 675 (225) (225) (225)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 675 1,349 2,024 2,698 3,373 3,148 2,923 2,698

 11,532 10,215 8,898 7,581 6,264 5,846 5,429 5,011

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

20 19 18 17 16 15 14 13

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
9 10 11 12 13 14 15 16

2023 2024 2025 2026 2027 2028 2029 2030

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 2,186 2,429 2,672 2,915 3,158 3,401 3,644 3,887

12 11 10 9 8 7 6 5

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 2,186 2,429 2,672 2,915 3,158 3,401 3,644 3,887

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (85) (85) (85) (85) (85) (85) (85) (85)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 935 850 765 680 595 510 425 340

 1,737 1,579 1,421 1,263 1,105 947 790 632

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 642 642 642 642 642 642 642 642

 5,782 6,424 7,067 7,709 8,352 8,994 9,636 10,279

12 11 10 9 8 7 6 5

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 642 642 642 642 642 642 642 642

 5,782 6,424 7,067 7,709 8,352 8,994 9,636 10,279

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (225) (225) (225) (225) (225) (225) (225) (225)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 2,473 2,249 2,024 1,799 1,574 1,349 1,124 899

 4,593 4,176 3,758 3,341 2,923 2,505 2,088 1,670

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

12 11 10 9 8 7 6 5

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
17 18 19 20 21 22 23 24

2031 2032 2033 2034 2035 2036 2037 2038

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 - - - -

 4,130 4,373 4,616 4,859 4,859 4,859 4,859 4,859

4 3 2 1 0 0 0 0

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 - - - -

 4,130 4,373 4,616 4,859 4,859 4,859 4,859 4,859

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (85) (85) (85) (85) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 255 170 85 0 0 0 0 0

 474 316 158 (0) (0) (0) (0) (0)

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 642 642 642 642 - - - -

 10,921 11,564 12,206 12,849 12,849 12,849 12,849 12,849

4 3 2 1 0 0 0 0

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 642 642 642 642 - - - -

 10,921 11,564 12,206 12,849 12,849 12,849 12,849 12,849

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (225) (225) (225) (225) - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 675 450 225 (0) (0) (0) (0) (0)

 1,253 835 418 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

4 3 2 1 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
25 26 27 28 29 30 31 32

2039 2040 2041 2042 2043 2044 2045 2046

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0 0 0 0 0 0 0 0

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 - - - - - - - -

 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849

0 0 0 0 0 0 0 0

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 - - - - - - - -

 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
33 34 35 36 37 38 39 40

2047 2048 2049 2050 2051 2052 2053 2054

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0 0 0 0 0 0 0 0

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 - - - - - - - -

 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849

0 0 0 0 0 0 0 0

$ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849 $ 12,849

 - - - - - - - -

 12,849 12,849 12,849 12,849 12,849 12,849 12,849 12,849

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
Accelerated Depreciation & Deferred Tax Calculations

Year

Date Depreciation Year

Line

No Description

Annual Capital Recovery Charge

LNB/ SOFA

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 2 LNB/OFA $ 4,859

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SNCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 2 SNCR $ 12,702

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula
14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 2 S C R $ -

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula


1 2 3 4 5 6 7 8

2015 2016 2017 2018 2019 2020 2021 2022

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 243 486 729 972 1,215 1,458 1,701 1,943

20 19 18 17 16 15 14 13

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 243 486 729 972 1,215 1,458 1,701 1,943

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 972 972 972 972 972 - - -

 255 255 255 255 255 (85) (85) (85)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 255 510 765 1,020 1,275 1,190 1,105 1,020

 4,361 3,863 3,365 2,867 2,369 2,211 2,053 1,895

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 635 635 635 635 635 635 635 635

 635 1,270 1,905 2,540 3,175 3,811 4,446 5,081

20 19 18 17 16 15 14 13

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 635 635 635 635 635 635 635 635

 635 1,270 1,905 2,540 3,175 3,811 4,446 5,081

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 2,540 2,540 2,540 2,540 2,540 - - -

 667 667 667 667 667 (222) (222) (222)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 667 1,334 2,001 2,667 3,334 3,112 2,890 2,667

 11,400 10,098 8,796 7,494 6,192 5,779 5,367 4,954

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

20 19 18 17 16 15 14 13

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


9 10 11 12 13 14 15 16

2023 2024 2025 2026 2027 2028 2029 2030

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 2,186 2,429 2,672 2,915 3,158 3,401 3,644 3,887

12 11 10 9 8 7 6 5

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 243 243 243 243

 2,186 2,429 2,672 2,915 3,158 3,401 3,644 3,887

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (85) (85) (85) (85) (85) (85) (85) (85)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 935 850 765 680 595 510 425 340

 1,737 1,579 1,421 1,263 1,105 947 790 632

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 635 635 635 635 635 635 635 635

 5,716 6,351 6,986 7,621 8,256 8,891 9,526 10,162

12 11 10 9 8 7 6 5

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 635 635 635 635 635 635 635 635

 5,716 6,351 6,986 7,621 8,256 8,891 9,526 10,162

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (222) (222) (222) (222) (222) (222) (222) (222)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 2,445 2,223 2,001 1,778 1,556 1,334 1,111 889

 4,541 4,128 3,715 3,303 2,890 2,477 2,064 1,651

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

12 11 10 9 8 7 6 5

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


17 18 19 20 21 22 23 24

2031 2032 2033 2034 2035 2036 2037 2038

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 - - - -

 4,130 4,373 4,616 4,859 4,859 4,859 4,859 4,859

4 3 2 1 0 0 0 0

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 243 243 243 243 - - - -

 4,130 4,373 4,616 4,859 4,859 4,859 4,859 4,859

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (85) (85) (85) (85) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 255 170 85 0 0 0 0 0

 474 316 158 (0) (0) (0) (0) (0)

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 635 635 635 635 - - - -

 10,797 11,432 12,067 12,702 12,702 12,702 12,702 12,702

4 3 2 1 0 0 0 0

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 635 635 635 635 - - - -

 10,797 11,432 12,067 12,702 12,702 12,702 12,702 12,702

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (222) (222) (222) (222) - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 667 445 222 (0) (0) (0) (0) (0)

 1,238 826 413 (0) (0) (0) (0) (0)

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

4 3 2 1 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


25 26 27 28 29 30 31 32

2039 2040 2041 2042 2043 2044 2045 2046

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0 0 0 0 0 0 0 0

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 - - - - - - - -

 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702

0 0 0 0 0 0 0 0

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 - - - - - - - -

 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 (0) (0) (0) (0) (0) (0) (0) (0)

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


33 34 35 36 37 38 39 40

2047 2048 2049 2050 2051 2052 2053 2054

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0 0 0 0 0 0 0 0

$ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859 $ 4,859

 - - - - - - - -

 4,859 4,859 4,859 4,859 4,859 4,859 4,859 4,859

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 - - - - - - - -

 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702

0 0 0 0 0 0 0 0

$ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702 $ 12,702

 - - - - - - - -

 12,702 12,702 12,702 12,702 12,702 12,702 12,702 12,702

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 (0) (0) (0) (0) (0) (0) (0) (0)

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
Accelerated Depreciation & Deferred Tax Calculations

Year

Date Depreciation Year

Line

No Description

Annual Capital Recovery Charge

LNB/ SOFA

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 3 LNB/OFA $ 5,559

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SNCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 3 SNCR $ 14,352

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula
14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 3 S C R $ -

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula


1 2 3 4 5 6 7 8

2015 2016 2017 2018 2019 2020 2021 2022

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 278 278 278 278 278 278 278 278

 278 556 834 1,112 1,390 1,668 1,946 2,223

20 19 18 17 16 15 14 13

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 278 278 278 278 278 278 278 278

 278 556 834 1,112 1,390 1,668 1,946 2,223

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 1,112 1,112 1,112 1,112 1,112 - - -

 292 292 292 292 292 (97) (97) (97)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 292 584 876 1,167 1,459 1,362 1,265 1,167

 4,989 4,419 3,849 3,280 2,710 2,529 2,349 2,168

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 718 718 718 718 718 718 718 718

 718 1,435 2,153 2,870 3,588 4,305 5,023 5,741

20 19 18 17 16 15 14 13

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 718 718 718 718 718 718 718 718

 718 1,435 2,153 2,870 3,588 4,305 5,023 5,741

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 2,870 2,870 2,870 2,870 2,870 - - -

 753 753 753 753 753 (251) (251) (251)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 753 1,507 2,260 3,014 3,767 3,516 3,265 3,014

 12,880 11,409 9,938 8,467 6,996 6,530 6,064 5,597

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

20 19 18 17 16 15 14 13

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


9 10 11 12 13 14 15 16

2023 2024 2025 2026 2027 2028 2029 2030

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 278 278 278 278 278 278 278 278

 2,501 2,779 3,057 3,335 3,613 3,891 4,169 4,447

12 11 10 9 8 7 6 5

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 278 278 278 278 278 278 278 278

 2,501 2,779 3,057 3,335 3,613 3,891 4,169 4,447

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (97) (97) (97) (97) (97) (97) (97) (97)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 1,070 973 876 778 681 584 486 389

 1,987 1,807 1,626 1,445 1,265 1,084 903 723

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 718 718 718 718 718 718 718 718

 6,458 7,176 7,893 8,611 9,328 10,046 10,764 11,481

12 11 10 9 8 7 6 5

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 718 718 718 718 718 718 718 718

 6,458 7,176 7,893 8,611 9,328 10,046 10,764 11,481

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (251) (251) (251) (251) (251) (251) (251) (251)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 2,763 2,512 2,260 2,009 1,758 1,507 1,256 1,005

 5,131 4,664 4,198 3,731 3,265 2,799 2,332 1,866

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

12 11 10 9 8 7 6 5

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


17 18 19 20 21 22 23 24

2031 2032 2033 2034 2035 2036 2037 2038

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 278 278 278 278 - - - -

 4,725 5,003 5,281 5,559 5,559 5,559 5,559 5,559

4 3 2 1 0 0 0 0

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 278 278 278 278 - - - -

 4,725 5,003 5,281 5,559 5,559 5,559 5,559 5,559

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (97) (97) (97) (97) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 292 195 97 0 0 0 0 0

 542 361 181 (0) (0) (0) (0) (0)

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 718 718 718 718 - - - -

 12,199 12,916 13,634 14,352 14,352 14,352 14,352 14,352

4 3 2 1 0 0 0 0

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 718 718 718 718 - - - -

 12,199 12,916 13,634 14,352 14,352 14,352 14,352 14,352

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (251) (251) (251) (251) - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 753 502 251 - 0 0 0 0

 1,399 933 466 - (0) (0) (0) (0)

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

4 3 2 1 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


25 26 27 28 29 30 31 32

2039 2040 2041 2042 2043 2044 2045 2046

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 - - - - - - - -

 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559

0 0 0 0 0 0 0 0

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 - - - - - - - -

 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 - - - - - - - -

 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352

0 0 0 0 0 0 0 0

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 - - - - - - - -

 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -


33 34 35 36 37 38 39 40

2047 2048 2049 2050 2051 2052 2053 2054

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 - - - - - - - -

 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559

0 0 0 0 0 0 0 0

$ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559 $ 5,559

 - - - - - - - -

 5,559 5,559 5,559 5,559 5,559 5,559 5,559 5,559

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 - - - - - - - -

 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352

0 0 0 0 0 0 0 0

$ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352 $ 14,352

 - - - - - - - -

 14,352 14,352 14,352 14,352 14,352 14,352 14,352 14,352

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ - $ - $ - $ - $ - $ - $ - $ -

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0 0 0 0 0 0 0 0

$ - $ - $ - $ - $ - $ - $ - $ -

 - - - - - - - -

 - - - - - - - -

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 - - - - - - - -

 - - - - - - - -
Accelerated Depreciation & Deferred Tax Calculations

Year

Date Depreciation Year

Line

No Description

Annual Capital Recovery Charge

LNB/ SOFA

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 4 LNB/OFA $ 17,009

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SNCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 4 SNCR $ 28,857

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula
14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 4 S C R $ 242,675

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula


1 2 3 4 5 6 7 8

2013 2014 2015 2016 2017 2018 2019 2020

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 850 850 850 850 850 850 850 850

 850 1,701 2,551 3,402 4,252 5,103 5,953 6,803

20 19 18 17 16 15 14 13

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 850 850 850 850 850 850 850 850

 850 1,701 2,551 3,402 4,252 5,103 5,953 6,803

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 3,402 3,402 3,402 3,402 3,402 - - -

 893 893 893 893 893 (298) (298) (298)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 893 1,786 2,679 3,572 4,465 4,167 3,869 3,572

 15,265 13,522 11,778 10,035 8,292 7,739 7,186 6,633

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443

 1,443 2,886 4,328 5,771 7,214 8,657 10,100 11,543

20 19 18 17 16 15 14 13

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443

 1,443 2,886 4,328 5,771 7,214 8,657 10,100 11,543

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 5,771 5,771 5,771 5,771 5,771 - - -

 1,515 1,515 1,515 1,515 1,515 (505) (505) (505)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 1,515 3,030 4,545 6,060 7,575 7,070 6,565 6,060

 25,899 22,941 19,983 17,025 14,068 13,130 12,192 11,254

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134

 12,134 24,267 36,401 48,535 60,669 72,802 84,936 97,070

20 19 18 17 16 15 14 13

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134

 12,134 24,267 36,401 48,535 60,669 72,802 84,936 97,070

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 48,535 48,535 48,535 48,535 48,535 - - -

 12,740 12,740 12,740 12,740 12,740 (4,247) (4,247) (4,247)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 12,740 25,481 38,221 50,962 63,702 59,455 55,209 50,962

 217,801 192,926 168,052 143,178 118,304 110,417 102,530 94,643


9 10 11 12 13 14 15 16

2021 2022 2023 2024 2025 2026 2027 2028

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 850 850 850 850 850 850 850 850

 7,654 8,504 9,355 10,205 11,056 11,906 12,756 13,607

12 11 10 9 8 7 6 5

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 850 850 850 850 850 850 850 850

 7,654 8,504 9,355 10,205 11,056 11,906 12,756 13,607

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (298) (298) (298) (298) (298) (298) (298) (298)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 3,274 2,976 2,679 2,381 2,084 1,786 1,488 1,191

 6,081 5,528 4,975 4,422 3,869 3,317 2,764 2,211

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443

 12,985 14,428 15,871 17,314 18,757 20,200 21,642 23,085

12 11 10 9 8 7 6 5

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 1,443 1,443 1,443 1,443 1,443 1,443 1,443 1,443

 12,985 14,428 15,871 17,314 18,757 20,200 21,642 23,085

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (505) (505) (505) (505) (505) (505) (505) (505)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 5,555 5,050 4,545 4,040 3,535 3,030 2,525 2,020

 10,316 9,378 8,441 7,503 6,565 5,627 4,689 3,751

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134

 109,204 121,337 133,471 145,605 157,739 169,872 182,006 194,140

12 11 10 9 8 7 6 5

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 12,134 12,134 12,134 12,134 12,134 12,134 12,134 12,134

 109,204 121,337 133,471 145,605 157,739 169,872 182,006 194,140

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (4,247) (4,247) (4,247) (4,247) (4,247) (4,247) (4,247) (4,247)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 46,715 42,468 38,221 33,974 29,728 25,481 21,234 16,987

 86,756 78,869 70,982 63,095 55,209 47,322 39,435 31,548


17 18 19 20 21 22 23 24

2029 2030 2031 2032 2033 2034 2035 2036

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 850 850 850 850 - - - -

 14,457 15,308 16,158 17,009 17,009 17,009 17,009 17,009

4 3 2 1 0 0 0 0

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 850 850 850 850 - - - -

 14,457 15,308 16,158 17,009 17,009 17,009 17,009 17,009

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (298) (298) (298) (298) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 893 595 298 0 0 0 0 0

 1,658 1,106 553 (0) (0) (0) (0) (0)

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 1,443 1,443 1,443 1,443 - - - -

 24,528 25,971 27,414 28,857 28,857 28,857 28,857 28,857

4 3 2 1 0 0 0 0

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 1,443 1,443 1,443 1,443 - - - -

 24,528 25,971 27,414 28,857 28,857 28,857 28,857 28,857

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (505) (505) (505) (505) - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 1,515 1,010 505 0 0 0 0 0

 2,814 1,876 938 0 0 0 0 0

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 12,134 12,134 12,134 12,134 - - - -

 206,274 218,407 230,541 242,675 242,675 242,675 242,675 242,675

4 3 2 1 0 0 0 0

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 12,134 12,134 12,134 12,134 - - - -

 206,274 218,407 230,541 242,675 242,675 242,675 242,675 242,675

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (4,247) (4,247) (4,247) (4,247) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 12,740 8,494 4,247 (0) (0) (0) (0) (0)

 23,661 15,774 7,887 (0) (0) (0) (0) (0)


25 26 27 28 29 30 31 32

2037 2038 2039 2040 2041 2042 2043 2044

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 - - - - - - - -

 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009

0 0 0 0 0 0 0 0

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 - - - - - - - -

 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 - - - - - - - -

 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857

0 0 0 0 0 0 0 0

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 - - - - - - - -

 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 0 0 0 0 0 0 0 0

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 - - - - - - - -

 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

0 0 0 0 0 0 0 0

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 - - - - - - - -

 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 (0) (0) (0) (0) (0) (0) (0) (0)


33 34 35 36 37 38 39 40

2045 2046 2047 2048 2049 2050 2051 2052

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 - - - - - - - -

 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009

0 0 0 0 0 0 0 0

$ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009 $ 17,009

 - - - - - - - -

 17,009 17,009 17,009 17,009 17,009 17,009 17,009 17,009

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 - - - - - - - -

 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857

0 0 0 0 0 0 0 0

$ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857 $ 28,857

 - - - - - - - -

 28,857 28,857 28,857 28,857 28,857 28,857 28,857 28,857

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 0 0 0 0 0 0 0 0

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 - - - - - - - -

 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

0 0 0 0 0 0 0 0

$ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675 $ 242,675

 - - - - - - - -

 242,675 242,675 242,675 242,675 242,675 242,675 242,675 242,675

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 (0) (0) (0) (0) (0) (0) (0) (0)
Accelerated Depreciation & Deferred Tax Calculations

Year

Date Depreciation Year

Line

No Description

Annual Capital Recovery Charge

LNB/ SOFA

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 5 LNB/OFA $ 17,519

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SNCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 5 SNCR $ 29,722

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula
14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula

SCR

Capital

Cost

Plant in Service Calculation ($000s)

1 Initial Facility Investment Unit No. 5 S C R $ 249,955

4 Plant in Service

Book Depreciation Calulations

5 Book Depreciation 20 yrs

6 Depreciation Reserve Beg. Bal. = 0

7 Remaining Life (Yrs)

Federal Tax Depreciation and 26USC 169 Deferred Tax Calculation

8 Federal Tax Basis - Initial Investment

9 Federal Book-Tax Depreciation Formula

10 Federal Book-Tax Depreciation Reserve Beg. Bal. = 0

11 Federal 26USC 169 Tax Depreciation Schedule 5 yrs

12 Federal Tax Depreciation Formula - Plant in Service

13 Federal Deferred Tax Formula

14 Federal Tax Rate 35.0%

15 Federal Deferred Tax Reserve Formula Beg. Bal. = 0

Rate Base Calculations (including deferred tax balance)

19 Rate Base Formula


1 2 3 4 5 6 7 8

2014 2015 2016 2017 2018 2019 2020 2021

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 876 876 876 876 876 876 876 876

 876 1,752 2,628 3,504 4,380 5,256 6,132 7,008

20 19 18 17 16 15 14 13

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 876 876 876 876 876 876 876 876

 876 1,752 2,628 3,504 4,380 5,256 6,132 7,008

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 3,504 3,504 3,504 3,504 3,504 - - -

 920 920 920 920 920 (307) (307) (307)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 920 1,839 2,759 3,679 4,599 4,292 3,986 3,679

 15,723 13,927 12,132 10,336 8,540 7,971 7,402 6,832

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486

 1,486 2,972 4,458 5,944 7,431 8,917 10,403 11,889

20 19 18 17 16 15 14 13

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486

 1,486 2,972 4,458 5,944 7,431 8,917 10,403 11,889

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 5,944 5,944 5,944 5,944 5,944 - - -

 1,560 1,560 1,560 1,560 1,560 (520) (520) (520)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 1,560 3,121 4,681 6,242 7,802 7,282 6,762 6,242

 26,676 23,629 20,583 17,536 14,490 13,524 12,558 11,592

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498

 12,498 24,996 37,493 49,991 62,489 74,987 87,484 99,982

20 19 18 17 16 15 14 13

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498

 12,498 24,996 37,493 49,991 62,489 74,987 87,484 99,982

20.0% 20.0% 20.0% 20.0% 20.0% 0.0% 0.0% 0.0%

 49,991 49,991 49,991 49,991 49,991 - - -

 13,123 13,123 13,123 13,123 13,123 (4,374) (4,374) (4,374)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 13,123 26,245 39,368 52,491 65,613 61,239 56,865 52,491

 224,335 198,714 173,094 147,473 121,853 113,730 105,606 97,482


9 10 11 12 13 14 15 16

2022 2023 2024 2025 2026 2027 2028 2029

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 876 876 876 876 876 876 876 876

 7,883 8,759 9,635 10,511 11,387 12,263 13,139 14,015

12 11 10 9 8 7 6 5

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 876 876 876 876 876 876 876 876

 7,883 8,759 9,635 10,511 11,387 12,263 13,139 14,015

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (307) (307) (307) (307) (307) (307) (307) (307)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 3,372 3,066 2,759 2,453 2,146 1,839 1,533 1,226

 6,263 5,694 5,124 4,555 3,986 3,416 2,847 2,277

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486

 13,375 14,861 16,347 17,833 19,319 20,806 22,292 23,778

12 11 10 9 8 7 6 5

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 1,486 1,486 1,486 1,486 1,486 1,486 1,486 1,486

 13,375 14,861 16,347 17,833 19,319 20,806 22,292 23,778

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (520) (520) (520) (520) (520) (520) (520) (520)
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 5,722 5,201 4,681 4,161 3,641 3,121 2,601 2,081

 10,626 9,660 8,694 7,728 6,762 5,796 4,830 3,864

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498

 112,480 124,978 137,475 149,973 162,471 174,969 187,466 199,964

12 11 10 9 8 7 6 5

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 12,498 12,498 12,498 12,498 12,498 12,498 12,498 12,498

 112,480 124,978 137,475 149,973 162,471 174,969 187,466 199,964

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (4,374) (4,374) (4,374) (4,374) (4,374) (4,374) (4,374) (4,374)

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 48,116 43,742 39,368 34,994 30,619 26,245 21,871 17,497

 89,359 81,235 73,112 64,988 56,865 48,741 40,618 32,494


17 18 19 20 21 22 23 24

2030 2031 2032 2033 2034 2035 2036 2037

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 876 876 876 876 - - - -

 14,891 15,767 16,643 17,519 17,519 17,519 17,519 17,519

4 3 2 1 0 0 0 0

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 876 876 876 876 - - - -

 14,891 15,767 16,643 17,519 17,519 17,519 17,519 17,519

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (307) (307) (307) (307) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 920 613 307 0 0 0 0 0

 1,708 1,139 569 (0) (0) (0) (0) (0)

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 1,486 1,486 1,486 1,486 - - - -

 25,264 26,750 28,236 29,722 29,722 29,722 29,722 29,722

4 3 2 1 0 0 0 0

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 1,486 1,486 1,486 1,486 - - - -

 25,264 26,750 28,236 29,722 29,722 29,722 29,722 29,722

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (520) (520) (520) (520) - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 1,560 1,040 520 (0) (0) (0) (0) (0)

 2,898 1,932 966 0 0 0 0 0

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 12,498 12,498 12,498 12,498 - - - -

 212,462 224,960 237,457 249,955 249,955 249,955 249,955 249,955

4 3 2 1 0 0 0 0

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 12,498 12,498 12,498 12,498 - - - -

 212,462 224,960 237,457 249,955 249,955 249,955 249,955 249,955

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 (4,374) (4,374) (4,374) (4,374) - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 13,123 8,748 4,374 - 0 0 0 0

 24,371 16,247 8,124 (0) (0) (0) (0) (0)


25 26 27 28 29 30 31 32

2038 2039 2040 2041 2042 2043 2044 2045

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 - - - - - - - -

 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519

0 0 0 0 0 0 0 0

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 - - - - - - - -

 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 - - - - - - - -

 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722

0 0 0 0 0 0 0 0

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 - - - - - - - -

 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 0 0 0 0 0 0 0 0

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 - - - - - - - -

 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

0 0 0 0 0 0 0 0

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 - - - - - - - -

 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)


33 34 35 36 37 38 39 40

2046 2047 2048 2049 2050 2051 2052 2053

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 - - - - - - - -

 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519

0 0 0 0 0 0 0 0

$ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519 $ 17,519

 - - - - - - - -

 17,519 17,519 17,519 17,519 17,519 17,519 17,519 17,519

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 - - - - - - - -

 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722

0 0 0 0 0 0 0 0

$ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722 $ 29,722

 - - - - - - - -

 29,722 29,722 29,722 29,722 29,722 29,722 29,722 29,722

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -
35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 (0) (0) (0) (0) (0) (0) (0) (0)

 0 0 0 0 0 0 0 0

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 - - - - - - - -

 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

0 0 0 0 0 0 0 0

$ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955 $ 249,955

 - - - - - - - -

 249,955 249,955 249,955 249,955 249,955 249,955 249,955 249,955

0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

 - - - - - - - -

 - - - - - - - -

35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0% 35.0%

 0 0 0 0 0 0 0 0

 (0) (0) (0) (0) (0) (0) (0) (0)
Four Corners Plant Financials

170 170 220 750 750

2005 2006 2007 2008 2009 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5

Generation APS 100% 100% 100% 15% 15% 38.72%

Operating Capacity (MW) 2060.0 2060.0 2060.0 2060.0 2060.0 SCE 0% 0% 0% 48% 48% 34.60%

Net Generation (MWh) 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501 PNM 0% 0% 0% 13% 13% 9.37%

Capacity Factor (%) 86.54 88.49 80.89 81.15 86.67 SRP 0% 0% 0% 10% 10% 7.21%

TEP 0% 0% 0% 7% 7% 5.05%

Fuel Expenses EPE 0% 0% 0% 7% 7% 5.05%

Fuel Expense 225,437,717 239,637,868 234,380,579 273,187,816 266,222,564

Fuel ($/MWh) 14.44 15.01 16.06 18.60 17.02

Non-Fuel Operating & Maintenance Expenses

 Op. Supervision & Engineering 3,273,728 3,357,828 2,980,889 3,184,061 4,155,292

 Total Steam/Hydraulic Expense 19,550,894 21,939,315 22,064,873 23,187,806 26,149,718

 Electric Expenses 2,639,023 2,587,117 2,636,155 2,725,589 2,783,054 Unit 1 Unit 2 Unit 3 Unit 4 Unit 5

 Misc. Power Expenses 11,642,329 14,597,547 15,365,716 15,093,438 14,845,470 APS 170 170 220 113 113 785 38%

 Rents 1,716,476 1,550,310 1,694,057 1,352,150 1,715,262 SCE - - - 360 360 720 35%

 Allowances 0 0 0 0 0 PNM - - - 98 98 195 9%

Total Non-Fuel Operating Expenses 38,822,450 44,032,117 44,741,690 45,543,044 49,648,796 SRP - - - 75 75 150 7%

2.49 2.76 3.07 3.10 3.17 TEP - - - 53 53 105 5%

EPE - - - 53 53 105 5%

 Supervision & Engineering 2,883,333 3,210,492 3,442,511 2,606,393 3,683,270 2060 100.0%

 Structures 1,986,461 2,499,970 1,913,410 2,268,970 3,161,376

 Boiler/Reactor/Reservoirs & Dams 39,612,536 34,550,761 39,646,352 50,911,706 43,413,741

 Electric Plant 6,055,594 8,251,978 11,168,110 12,755,019 10,090,805

 Misc. Plant 9,350,579 9,885,966 11,127,426 14,656,315 12,562,135

Total Maintenance Expense 59,888,503 58,399,167 67,297,809 83,198,403 72,911,327 Unit 4 113 360 98 75 53 53

Maintenance Expense ($/MWh) 3.840 3.66 4.61 5.67 4.66 Unit 5 113 360 98 75 53 53

Non-Fuel O&M ($/MWh) 6.32 6.41 7.68 8.77 7.84 785 720 195 150 105 105

Estimated Non-Fuel O&M Cost? No No No No No

Production Costs and Ratios

Total Production Costs ($) 324,148,670 342,069,152 346,420,078 401,929,263 388,782,687

Total Production ($/MWh) 20.76 21.42 23.73 27.37 24.86

Variable Production Expense ($) 244,836,612 259,814,063 256,449,667 298,665,675 290,391,536

Fixed Production Expense ($) 79,312,058 82,255,089 89,970,411 103,263,588 98,391,151

Variable Production Expense ($/MWh) 15.68 16.27 17.57 20.34 18.57

Fixed Production Expense ($/kW-yr) 38.50 39.93 43.67 50.13 47.76

Fixed Production Costs ($) $ 79,310,000 $ 82,255,800 $ 89,960,200 $ 103,267,800 $ 98,385,600

Net Generation (MWh) 15,616,040 15,969,176 14,597,307 14,683,708 15,639,501

Fixed Production Cost ($/MWh) $ 5.08 $ 5.15 $ 6.16 $ 7.03 $ 6.29

Total Production Cost ($/MWh) $ 20.76 $ 21.42 $ 23.73 $ 27.37 $ 24.86

Cost of Land & Land Rights ($) 103,334 100,069 103,277 101,374 103,277

Cost - Structures & Improvements ($) 76,028,360 77,991,839 85,772,814 89,372,404 92,394,261

Cost of Equipment ($) 1,289,730,872 1,306,517,129 1,337,262,150 1,390,050,374 1,423,212,300

Gross Capital Expenditures ($) 1,366,911,436 1,385,568,884 1,424,117,524 1,480,482,236 1,516,689,121

Gross CapEx/ kW 602.27 610.49 627.48 652.31 668.26

Depreciated Basis (no Land) 1,365,759,232 1,384,508,968 1,423,034,964 1,479,422,778 1,515,606,561 

Average 2005-2009 1,433,666,501

1
Four Corners

Power Plant Units - Details

Four Corners 

ST 1

Four Corners 

ST 2

Four Corners 

ST 3

Four Corners 

ST 4

Four Corners 

ST 5

Generator Information

Current Status Operating Operating Operating Operating Operating

In-Service Month/Year 5/1963 6/1963 8/1964 7/1969 7/1970

Retirement Month/Year - - - - -

Nameplate Capacity (MW) 190 190 253.4 818.1 818.1 2270

Summer Net Capacity (MW) 170 170 220 750 750 2060

Winter Net Capacity (MW) 170 170 220 750 750 2060

Boiler Information

Earliest Boiler In-Service Date 5/1/1963 6/1/1963 8/1/1964 7/1/1969 7/1/1970

Boiler Retirement Date - - - - -

Shared Unit at Boiler? No No No No No

Boiler Manufacturer

Riley Stoker Riley Stoker

Foster Wheeler 

Power

Babcock & 

Wilcox

Babcock & 

Wilcox

Fuel Data

Efficient Heat Rate (Btu/kWh) - - - - -

Incremental Heat Rate (Btu/kWh) - - - - -

Primary Fuel Type Bituminous 

coal

Bituminous 

coal

Bituminous 

coal

Bituminous 

coal

Bituminous 

coal

1
Four Corners

Annual Unit Emissions

Four Corners ST 1 2007 2008 2009

CO2 Emissions (tons) 1,513,819 1,379,237 1,451,529

CO2 Emissions Rate (lbs/MMBtu) 205.23 205.12 205.21

NOx and NOx Control Items

NOx Emissions (lbs) 11,725,991 10,429,306 11,116,252

NOx Emissions Rate (lbs/MMBtu) 0.79 0.78 0.79

NOx Control Status - - -

NOx Control Hours In-service (hours) - - -

NOx Removal Rate, Annual (lbs/MMBtu) - - -

NOx Removal Rate, Ozone Season (lbs/MMBtu) - - -

SO2 and Sulfur Control Items

SO2 Emissions (lbs) 1,339,552 1,410,527 1,574,600

SO2 Emissions Rate (lbs/MMBtu) 0.09 0.1 0.11

FGD Status - - -

FGD Hours In-service (hours) - - -

Sorbent Quantity (tons) - - -

Sulfur Removal Efficiency (%) - - -

Full-load Sulfur Removal (%) - - -

FGD Energy Used (MWh) - - -

FGD Feed Materials Expense ($000) - - -

FGD Labor Expense ($000) - - -

FGD Disposal Expense ($000) - - -

FGD Other Expense ($000) - - -

FGD Total Expense ($000) - - -

Particulate Control Items

FGP Status - - -

FGP Hours In-service (hours) - - -

FGP Emissions Rate (lbs/MMBtu) - - -

FGP Removal Efficiency (%) - - -

FGP Removal Efficiency, Tested (%) - - -

1
Four Corners

Annual Unit Emissions

Four Corners ST 2 2007 2008 2009

CO2 Emissions (tons) 1,419,876 1,461,242 1,523,808

CO2 Emissions Rate (lbs/MMBtu) 205.42 205.41 205.22

NOx and NOx Control Items

NOx Emissions (lbs) 9,166,176 9,234,069 9,542,272

NOx Emissions Rate (lbs/MMBtu) 0.66 0.65 0.64

NOx Control Status -

NOx Control Hours In-service (hours) -

NOx Removal Rate, Annual (lbs/MMBtu) -

NOx Removal Rate, Ozone Season (lbs/MMBtu) -

SO2 and Sulfur Control Items

SO2 Emissions (lbs) 1,315,509

SO2 Emissions Rate (lbs/MMBtu) 0.1

FGD Status -

FGD Hours In-service (hours) - - -

Sorbent Quantity (tons) - - -

Sulfur Removal Efficiency (%) - - -

Full-load Sulfur Removal (%) - - -

FGD Energy Used (MWh) - - -

FGD Feed Materials Expense ($000) - - -

FGD Labor Expense ($000) - - -

FGD Disposal Expense ($000) - - -

FGD Other Expense ($000) - - -

FGD Total Expense ($000) - - -

Particulate Control Items

FGP Status - - -

FGP Hours In-service (hours) - - -

FGP Emissions Rate (lbs/MMBtu) - - -

FGP Removal Efficiency (%) - - -

FGP Removal Efficiency, Tested (%) - - -

2
Four Corners

Annual Unit Emissions

Four Corners ST 3 2007 2008 2009

CO2 Emissions (tons) 2,203,510 2,269,731 2,030,633

CO2 Emissions Rate (lbs/MMBtu) 205.06 205.07 205.25

NOx and NOx Control Items

NOx Emissions (lbs) 13,265,865 13,115,739 11,356,767

NOx Emissions Rate (lbs/MMBtu) 0.62 0.59 0.57

NOx Control Status - - -

NOx Control Hours In-service (hours) - - -

NOx Removal Rate, Annual (lbs/MMBtu) - - -

NOx Removal Rate, Ozone Season (lbs/MMBtu) - - -

SO2 and Sulfur Control Items

SO2 Emissions (lbs) 2,631,191 2,819,137 2,183,507

SO2 Emissions Rate (lbs/MMBtu) 0.12 0.13 0.11

FGD Status - - -

FGD Hours In-service (hours) - - -

Sorbent Quantity (tons) - - -

Sulfur Removal Efficiency (%) - - -

Full-load Sulfur Removal (%) - - -

FGD Energy Used (MWh) - - -

FGD Feed Materials Expense ($000) - - -

FGD Labor Expense ($000) - - -

FGD Disposal Expense ($000) - - -

FGD Other Expense ($000) - - -

FGD Total Expense ($000) - - -

Particulate Control Items

FGP Status - - -

FGP Hours In-service (hours) - - -

FGP Emissions Rate (lbs/MMBtu) - - -

FGP Removal Efficiency (%) - - -

FGP Removal Efficiency, Tested (%) - - -

3
Four Corners

Annual Unit Emissions

Four Corners ST 4 2007 2008 2009

CO2 Emissions (tons) 5,061,996 5,723,138 5,459,418

CO2 Emissions Rate (lbs/MMBtu) 205.09 205.22 205.2

NOx and NOx Control Items

NOx Emissions (lbs) 24,161,850 27,869,368 26,187,359

NOx Emissions Rate (lbs/MMBtu) 0.49 0.5 0.49

NOx Control Status - - -

NOx Control Hours In-service (hours) - - -

NOx Removal Rate, Annual (lbs/MMBtu) - - -

NOx Removal Rate, Ozone Season (lbs/MMBtu) - - -

SO2 and Sulfur Control Items

SO2 Emissions (lbs) 7,485,480 8,533,558 8,985,109

SO2 Emissions Rate (lbs/MMBtu) 0.15 0.15 0.17

FGD Status - - -

FGD Hours In-service (hours) - - -

Sorbent Quantity (tons) - - -

Sulfur Removal Efficiency (%) - - -

Full-load Sulfur Removal (%) - - -

FGD Energy Used (MWh) - - -

FGD Feed Materials Expense ($000) - - -

FGD Labor Expense ($000) - - -

FGD Disposal Expense ($000) - - -

FGD Other Expense ($000) - - -

FGD Total Expense ($000) - - -

Particulate Control Items

FGP Status - - -

FGP Hours In-service (hours) - - -

FGP Emissions Rate (lbs/MMBtu) - - -

FGP Removal Efficiency (%) - - -

FGP Removal Efficiency, Tested (%) - - -

4
Four Corners

Annual Unit Emissions

Four Corners ST 5 2007 2008 2009

CO2 Emissions (tons) 4,885,574 4,182,497 5,617,604

CO2 Emissions Rate (lbs/MMBtu) 205.04 205.2 205.1

NOx and NOx Control Items

NOx Emissions (lbs) 23,846,209 19,974,481 26,818,393

NOx Emissions Rate (lbs/MMBtu) 0.5 0.49 0.49

NOx Control Status - - -

NOx Control Hours In-service (hours) - - -

NOx Removal Rate, Annual (lbs/MMBtu) - - -

NOx Removal Rate, Ozone Season (lbs/MMBtu) - - -

SO2 and Sulfur Control Items

SO2 Emissions (lbs) 7,705,752 6,558,204 10,443,045

SO2 Emissions Rate (lbs/MMBtu) 0.16 0.16 0.19

FGD Status - - -

FGD Hours In-service (hours) - - -

Sorbent Quantity (tons) - - -

Sulfur Removal Efficiency (%) - - -

Full-load Sulfur Removal (%) - - -

FGD Energy Used (MWh) - - -

FGD Feed Materials Expense ($000) - - -

FGD Labor Expense ($000) - - -

FGD Disposal Expense ($000) - - -

FGD Other Expense ($000) - - -

FGD Total Expense ($000) - - -

Particulate Control Items

FGP Status - - -

FGP Hours In-service (hours) - - -

FGP Emissions Rate (lbs/MMBtu) - - -

FGP Removal Efficiency (%) - - -

FGP Removal Efficiency, Tested (%) - - -

5
Four Corners

Plant Environmental

Emissons 2005 2006 2007 2008 2009

CO2 Emissions (tons) 16,015,459 16,395,798 15,084,775 15,015,846 16,082,993

CO2 Emissions Rate (lbs/MMBtu) 204.90 205.16 205.12 205.20 205.17

NOx Emissions (lbs) 83,486,949 89,297,139 82,166,092 80,622,963 85,021,043

NOx Emissions Rate (lbs/MMBtu) 0.5341 0.5587 0.5586 0.5509 0.5423

SO2 Emissions (lbs) 25,305,538 30,384,645 20,477,484 20,796,790 24,899,303

SO2 Emissions Rate (lbs/MMBtu) 0.1619 0.1901 0.1392 0.1421 0.1588

Byproducts 2005 2006 2007 2008 2009

Fly Ash (1000 tons) 1,549.0 NA NA NA NA

Bottom Ash (1000 tons) 398.0 NA NA NA NA

Sludge (1000 tons) 220.0 NA NA NA NA

Gypsum (1000 tons) 0.0 NA NA NA NA

Other Byproducts (1000 tons) 0.0 NA NA NA NA

Fly Ash Expense ($000) 15,300 NA NA NA NA

Bottom Ash Expense ($000) 4,876 NA NA NA NA

Water Pollution Abatement Expense ($000) NA NA NA NA NA

Byproduct Collection Expense ($000) 35,929 NA NA NA NA

Byproduct Disposal Expense ($000) 8,860 NA NA NA NA

Other Byproduct Expense ($000) NA NA NA NA NA

FGD Byproduct Expense ($000) 23,324 NA NA NA NA

Byproduct Revenue ($000) 989 NA NA NA NA

Pollution Abatement

Cap Ex - Air Pollution Abatement ($000) 3,790 NA NA NA NA

Cap Ex - Water Pollution Abatement ($000) 498 NA NA NA NA

Cap Ex - Solid Waste Abatement ($000) 1,439 NA NA NA NA

Cap Ex - Oth Pollution Abatement ($000) NA NA NA NA NA

1
on-peak off-peak on -peak % off-peak % round-the-clock

2011 $ 44.45 $ 32.50 56% 44% $ 39.20

2012 $ 49.25 $ 35.50 56% 44% $ 43.18

2013 $ 52.50 $ 37.00 56% 44% $ 45.69

2014 $ 56.50 $ 38.50 56% 44% $ 48.59

PV 4C PV "Premium"

2007 $ 53.61 $ 53.66 $ (0.05)

2008 $ 63.48 $ 62.26 $ 1.22

2009 $ 30.40 $ 30.55 $ (0.14)

3 Yr Correlation 0.999562759

2015-2035 Prices Utilize Low, Mid, and High Cases based on EIA Low, Reference, High Macro Cases in Annual Energy Outlook Ta

0 Avg. Low $/MWh Mid $/MWh Avg. High $/MWh

2011 NA $ 39.20 NA $ 39.20 NA $ 39.20 Platts Above

2012 NA $ 43.18 NA $ 43.18 NA $ 43.18 Platts Above

2013 NA $ 45.69 NA $ 45.69 NA $ 45.69 Platts Above

2014 NA $ 48.59 NA $ 48.59 NA $ 48.59 Platts Above

2015 -1.58% $ 47.83 -0.71% $ 48.25 0.17% $ 48.67 Calculated

2016 -1.70% $ 47.01 -0.26% $ 48.12 0.73% $ 49.03 Calculated

2017 -1.46% $ 46.33 -0.26% $ 48.00 0.81% $ 49.43 Calculated

2018 -0.88% $ 45.92 -0.21% $ 47.90 1.11% $ 49.98 Calculated

2019 -0.34% $ 45.77 0.06% $ 47.93 1.65% $ 50.80 Calculated

PROJECTED FORWARD PRICES *

HISTORICAL DAILY PRICE CORRELATION

Palo Verde Forward Pricing ( Platts 7/15/2010)

2019 -0.34% $ 45.77 0.06% $ 47.93 1.65% $ 50.80 Calculated

2020 0.22% $ 45.87 1.58% $ 48.69 1.98% $ 51.81 Calculated

2021 -0.28% $ 45.74 0.97% $ 49.16 0.57% $ 52.10 Calculated

2022 0.40% $ 45.92 0.65% $ 49.48 -0.63% $ 51.77 Calculated

2023 0.63% $ 46.21 0.19% $ 49.57 1.45% $ 52.53 Calculated

2024 1.15% $ 46.74 -0.94% $ 49.10 2.54% $ 53.86 Calculated

2025 0.95% $ 47.18 0.70% $ 49.45 2.39% $ 55.14 Calculated

2026 0.42% $ 47.38 1.69% $ 50.28 2.56% $ 56.56 Calculated

2027 0.59% $ 47.66 2.23% $ 51.40 2.25% $ 57.83 Calculated

2028 0.64% $ 47.96 1.65% $ 52.25 2.18% $ 59.09 Calculated

2029 -0.38% $ 47.78 1.98% $ 53.28 2.26% $ 60.42 Calculated

2030 -1.44% $ 47.09 1.76% $ 54.22 1.80% $ 61.51 Calculated

2031 0.21% $ 47.19 1.95% $ 55.28 1.52% $ 62.44 Calculated

2032 1.71% $ 48.00 1.75% $ 56.25 0.87% $ 62.98 Calculated

2033 1.84% $ 48.89 1.23% $ 56.94 0.54% $ 63.32 Calculated

2034 1.24% $ 49.49 1.49% $ 57.79 1.17% $ 64.06 Calculated

2035 0.96% $ 49.97 1.21% $ 58.49 1.09% $ 64.76 Calculated

2011 $ 39.20 $ 39.20 $ 39.20

2016 $ 47.01 $ 48.12 $ 49.03

2020 $ 45.87 $ 48.69 $ 51.81

2035 $ 49.97 $ 58.49 $ 64.76

Projected Palo Verde Forward Prices
$30.00 

$35.00 

$40.00 

$45.00 

$50.00 

$55.00 

$60.00 

$65.00 

$70.00 

2011201220132014201520162017201820192020202120222023202420252026202720282029203020312032203320342035

Projected Palo Verde Forward Prices

Low $/MWh

Mid $/MWh

High $/MWh
lm2010.d011110a 2007 2008 2009 2010

Report Annual Energy Outlook 2010

Scenario lm2010

Datekey d011110a

Release Date May 2010

Table 83. Electric Power Projections for EMM Region

Western Electricity Coordinating Council / Rocky Mountain Power Area and Arizona-New Mexico-Southern Nevada Po

 Electricity Supply and Demand 2007 2008 2009 2010

Electricity Generating Capacity 1/

(gigawatts)

 Electric Power Sector

 Coal 16.30 16.39 17.54 17.62

 Oil and Natural Gas Steam 2/ 3.11 3.11 3.11 3.11

 Combined Cycle 17.93 17.93 17.93 17.93

 Combustion Turbine/Diesel 5.53 6.21 6.58 6.62

 Nuclear Power 2.86 2.86 2.86 2.86

 Pumped Storage/Other 3/ 0.78 0.78 0.78 0.78

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 7.34 7.47 7.63 7.63

 Distributed Generation 5/ 0.00 0.00 0.00 0.00

 Total Capacity 53.86 54.76 56.44 56.56

 Cumulative Planned Additions 6/

 Coal 0.00 0.00 1.15 1.23

 Oil and Natural Gas Steam 2/ 0.00 0.00 0.00 0.00

 Combined Cycle 0.00 0.00 0.00 0.00

 Combustion Turbine/Diesel 0.00 0.00 0.37 0.41

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage/Other 3/ 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 0.00 0.00 0.00 0.01

 Distributed Generation 5/ 0.00 0.00 0.00 0.00

 Total Planned Additions 0.00 0.00 1.52 1.65

 Cumulative Unplanned Additions 6/

 Coal 0.00 0.00 0.00 0.00

 Oil and Natural Gas Steam 2/ 0.00 0.00 0.00 0.00

 Combined Cycle 0.00 0.00 0.00 0.00

 Combustion Turbine/Diesel 0.00 0.00 0.00 0.00

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage/Other 3/ 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/

 Distributed Generation 5/

 Total Unplanned Additions
 Cumulative Total Additions

 Cumulative Retirements 7/

 Coal

 Oil and Natural Gas Steam 2/

 Combined Cycle

 Combustion Turbine/Diesel 0.00 0.00 0.00 0.00

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 0.00 0.00 0.00 0.00

 Total 0.00 0.00 0.00 0.00

 End-Use Sectors 8/

 Coal 0.08 0.08 0.08 0.08

 Petroleum 0.00 0.00 0.00 0.00

 Natural Gas 0.20 0.20 0.22 0.21

 Other Gaseous Fuels 0.03 0.03 0.03 0.04

 Renewable Sources 4/ 0.05 0.08 0.11 0.15

 Other 0.01 0.01 0.01 0.01

 Total 0.38 0.40 0.45 0.49

Electricity Demand

(billion kilowatthours)

 Residential 72.37 72.75 68.47 69.28

 Commercial/Other 70.08 71.43 67.30 68.67

 Industrial 43.63 42.37 38.05 37.14

 Transportation 0.06 0.06 0.06 0.06

 Total Sales 186.14 186.61 173.89 175.15

Net Energy for Load (billion kilowatthours) 7/

 Gross International Imports 0.00 0.00 0.00 0.00

 Gross International Exports 0.00 0.00 0.00 0.00

 Gross Interregional Electricity Imports 13.54 21.81 21.39 18.78

 Gross Interregional Electricity Exports 48.91 49.80 50.89 45.25

 Purchases from Combined Heat and Power 8/ 0.16 0.21 0.23 0.22

 Electric Power Sector Generation for Customers 230.24 239.69 219.27 217.64

 Total Net Energy for Load 195.03 211.91 190.00 191.39

Generation by Fuel Type

(billion kilowatthours)

 Electric Power Sector

 Coal 116.60 118.36 118.62 117.22

 Petroleum 0.14 0.13 0.26 0.26

 Natural Gas 81.94 84.85 62.52 61.31

 Nuclear 19.44 21.21 22.57 22.57

 Pumped Storage/Other 9/ 0.01 -0.11 -0.13 -0.13

 Renewable Sources 10/ 15.84 19.24 19.49 20.46

 Total Generation 233.96 243.68 223.33 221.69

 Sales to Customers 230.24 239.69 219.27 217.64

 Generation for Own Use 3.72 4.00 4.06 4.05

 Distributed Generation 5/ 0.00 0.00 0.00 0.00
 End-Use Sectors 8/

 Coal 0.40 0.42 0.42 0.42

 Petroleum 0.00 0.00 0.00 0.00

 Natural Gas 0.68 0.72 0.84 0.84

 Other Gaseous Fuels 0.00 0.14 0.14 0.22

 Renewable Sources 10/ 0.12 0.16 0.21 0.28

 Other 0.03 0.00 0.00 0.00

 Total 1.23 1.44 1.60 1.76

 Sales to Utilities 0.16 0.21 0.23 0.22

 Generation for Own Use 1.08 1.22 1.37 1.54

Total Electricity Generation 235.19 245.12 224.93 223.45

End-Use Prices

(2008 cents per kilowatthour)

 Residential 10.1 10.5 10.7 10.3

 Commercial 8.4 9.0 9.4 9.0

 Industrial 6.6 6.9 7.2 6.9

 Transportation 7.5 7.9 8.1 7.9

 All Sectors Average 8.7 9.1 9.5 9.1

Prices by Service Category

(2008 cents per kilowatthour)

 Generation 6.0 6.4 6.7 6.1

 Transmission 0.6 0.6 0.7 0.7

 Distribution 2.1 2.0 2.1 2.2

Fuel Consumption (quadrillion Btu) 11/

 Coal 1.23 1.24 1.30 1.28

 Natural Gas 0.65 0.67 0.52 0.51

 Oil 0.00 0.00 0.00 0.00

 Total 1.88 1.91 1.82 1.79

Fuel Prices (2008 dollars per million Btu)

 Coal 1.57 1.66 1.79 1.64

 Natural Gas 5.77 7.66 4.03 5.01

 Distillate Fuel Oil 17.16 20.12 14.79 14.58

 Residual Fuel Oil 10.23 16.15 9.87 19.09

Emissions 12/

 Total Carbon (million tons) 49.46 47.68 45.91 45.21

 Carbon Dioxide (million tons) 181.34 174.84 168.33 165.78

 Sulfur Dioxide (million tons) 0.15 0.14 0.09 0.11

 Nitrogen Oxide (million tons) 0.24 0.22 0.22 0.21

 Mercury (tons) 2.06 2.02 2.18 2.12

 1/ Net summer capacity is the steady hourly output that generating equipment is expected to supply to system load (exclusive of auxiliary power), as demo

peak demand. Includes electric utilities, small power producers, and exempt wholesale generators.
 2/ Includes oil-, gas-, and dual-fired capacity.

 3/ Other includes methane, propane gas, and blast furnace gas for utilities; and hydrogen, sulfur, batteries, chemicals, fish oil, and spent sulfite liquor.

 4/ Includes conventional hydroelectric, geothermal, wood, wood waste, municipal waste, other biomass, solar thermal, photovoltaics, and wind power.

 5/ Primarily peak-load capacity fueled by natural gas.

 6/ Cumulative additions after December 31, 2008.

 7/ Generation to meet system load by source.

 8/ Includes combined heat and power plants and electricity-only plants in the commercial and industrial sectors; and small on-site generating systems in th

industrial sectors used primarily for own-use generation, but which may also sell some power to the grid.

 9/ Other includes methane, propane gas, and blast furnace gas for utilities; and hydrogen, sulfur, batteries, chemicals, fish oil, spent sulfite liquor, and non-

 10/ Includes conventional hydroelectric, geothermal, wood, wood waste, biogenic municipal waste, other biomass, solar thermal, photovoltaics, and wind po

 11/ Includes fuel consumption by electric utilities, small power producers, independent power producers, and exempt wholesale generators.

 12/ Estimated emissions from utilities and nonutilities (excluding combined heat and power).

 EMM = Electricity market module.

 - - = Not applicable.

 Note: Totals may not equal sum of components due to independent rounding.

 Sources: 2007 and 2008 (except for prices and nonutility data): Energy Information Administration (EIA), Annual Energy Review 2008, DOE/EIA-0384(200

Other 2007 and 2008 and projections: EIA, AEO2010 National Energy Modeling System run lm2010.d011110a.
2011 2012 2013 2014 2015 2016 2017 2018 2019

Low macroeconomic growth

Mexico-Southern Nevada Power Area

2011 2012 2013 2014 2015 2016 2017 2018 2019

18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00

3.11 3.11 3.09 3.09 3.09 3.09 3.09 3.09 3.09

18.46 19.31 19.31 19.31 19.31 19.31 19.31 19.31 19.31

6.62 6.62 6.62 6.62 6.62 6.62 6.62 6.62 6.62

2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7.64 7.64 7.69 7.70 7.70 7.71 7.71 7.71 7.72

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

57.47 58.34 58.36 58.37 58.37 58.38 58.38 58.38 58.39

1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.53 1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38

0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.01 0.01 0.02 0.02 0.03 0.03 0.03 0.04 0.04

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2.56 3.43 3.43 3.43 3.44 3.44 3.45 3.45 3.45

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.20 0.20 0.20 0.20 0.20 0.20

0.00 0.00 0.00 0.00 0.00 0.00

0.20 0.20 0.20 0.20 0.20 0.20
3.64 3.64 3.64 3.65 3.65 3.65

0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.22 0.23 0.24 0.25 0.26 0.27 0.28 0.29 0.30

0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04

0.21 0.25 0.30 0.32 0.38 0.44 0.44 0.45 0.45

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01

0.56 0.61 0.67 0.70 0.77 0.84 0.85 0.86 0.87

71.07 71.42 70.31 70.54 70.98 71.77 72.44 73.36 74.33

70.94 72.10 72.64 73.54 74.74 76.04 77.47 78.98 80.52

37.58 38.56 39.29 39.49 39.59 39.67 39.82 39.96 40.12

0.06 0.06 0.07 0.07 0.08 0.08 0.09 0.09 0.10

179.65 182.15 182.30 183.65 185.39 187.57 189.82 192.40 195.07

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

17.57 16.79 16.43 17.21 20.84 16.70 19.38 21.36 20.06

46.22 45.59 46.50 46.77 44.98 45.00 43.74 42.49 41.26

0.23 0.25 0.26 0.28 0.29 0.30 0.32 0.34 0.34

224.14 226.38 227.17 227.46 223.28 229.67 228.06 227.50 230.34

195.72 197.82 197.36 198.18 199.43 201.68 204.02 206.70 209.48

123.08 126.93 131.26 133.81 133.80 133.88 133.55 133.20 132.82

0.27 0.28 0.29 0.29 0.44 0.44 0.44 0.44 0.44

61.71 59.88 55.78 53.28 48.73 54.98 53.23 52.53 55.24

22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57

-0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13

20.70 20.91 21.47 21.70 21.94 21.99 22.46 22.95 23.46

228.20 230.43 231.23 231.52 227.34 233.73 232.12 231.55 234.40

224.14 226.38 227.17 227.46 223.28 229.67 228.06 227.50 230.34

4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.90 0.98 1.06 1.13 1.21 1.28 1.34 1.40 1.46

0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22

0.39 0.48 0.57 0.61 0.73 0.84 0.85 0.87 0.87

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.94 2.09 2.27 2.38 2.57 2.76 2.83 2.91 2.97

0.23 0.25 0.26 0.28 0.29 0.30 0.32 0.34 0.34

1.70 1.84 2.00 2.11 2.28 2.46 2.51 2.57 2.63

230.13 232.53 233.49 233.90 229.91 236.49 234.95 234.46 237.37

10.6 10.7 10.8 10.7 10.7 10.6 10.6 10.5 10.6

8.9 9.0 8.8 8.6 8.6 8.5 8.4 8.3 8.3

6.8 6.8 6.7 6.6 6.5 6.5 6.4 6.3 6.3

7.6 7.5 7.3 7.0 6.7 6.4 6.6 6.8 7.0

9.1 9.2 9.1 9.0 8.9 8.9 8.8 8.7 8.7

6.2 6.1 6.0 5.7 5.6 5.5 5.5 5.4 5.4

0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9

2.2 2.3 2.3 2.4 2.4 2.4 2.4 2.4 2.4

-1.58% -1.70% -1.46% -0.88% -0.34%

1.32 1.35 1.38 1.41 1.41 1.41 1.41 1.40 1.40

0.51 0.49 0.46 0.45 0.41 0.46 0.44 0.44 0.46

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.84 1.85 1.85 1.86 1.83 1.87 1.86 1.85 1.86

1.61 1.62 1.61 1.62 1.63 1.63 1.63 1.63 1.63

5.89 6.16 5.90 5.78 5.84 5.84 5.89 5.95 6.01

14.71 15.75 16.71 17.25 17.68 18.44 18.85 19.45 20.06

19.10 20.01 20.85 21.51 21.89 22.28 22.62 22.90 23.07

46.56 47.03 47.42 47.98 47.38 48.13 47.78 47.59 47.86

170.70 172.46 173.87 175.94 173.73 176.46 175.19 174.51 175.50

0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11

0.21 0.22 0.22 0.23 0.23 0.23 0.23 0.23 0.23

2.15 2.07 2.12 2.31 0.66 0.60 0.57 0.56 0.69

xclusive of auxiliary power), as demonstrated by tests during summer
 fish oil, and spent sulfite liquor.

 photovoltaics, and wind power.

mall on-site generating systems in the residential, commercial, and

 fish oil, spent sulfite liquor, and non-biogenic municipal waste.

ar thermal, photovoltaics, and wind power.

wholesale generators.

rgy Review 2008, DOE/EIA-0384(2008) (Washington, DC, June 2009).
2020 2021 2022 2023 2024 2025 2026 2027 2028

2020 2021 2022 2023 2024 2025 2026 2027 2028

18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00

3.09 3.09 3.09 3.09 3.09 3.09 3.09 3.09 3.09

19.31 19.31 19.31 19.31 19.31 19.31 19.31 19.31 19.31

6.62 6.62 7.15 7.89 8.61 9.27 9.97 10.70 11.55

2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7.72 7.72 7.73 7.73 7.73 7.74 7.74 7.77 7.77

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

58.39 58.40 58.93 59.67 60.39 61.06 61.76 62.52 63.37

1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38

0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.04 0.05 0.05 0.05 0.06 0.06 0.06 0.07 0.07

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.46 3.46 3.46 3.47 3.47 3.47 3.48 3.48 3.48

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.53 1.27 1.99 2.65 3.35 4.08 4.93

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.20 0.20 0.20 0.20 0.20 0.20 0.20 0.22 0.22

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.20 0.21 0.73 1.47 2.19 2.86 3.55 4.31 5.15
3.66 3.66 4.20 4.94 5.66 6.33 7.03 7.79 8.63

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.31 0.31 0.32 0.33 0.34 0.35 0.37 0.38 0.39

0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04

0.45 0.45 0.46 0.46 0.46 0.47 0.47 0.48 0.48

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01

0.89 0.90 0.91 0.92 0.94 0.95 0.97 0.98 1.00

75.14 75.75 76.50 77.25 78.14 78.66 79.39 80.14 81.05

81.95 83.41 84.91 86.42 87.87 89.30 90.69 92.10 93.53

40.12 39.90 39.59 39.50 39.37 39.27 39.14 39.00 38.87

0.11 0.11 0.12 0.14 0.15 0.16 0.18 0.19 0.21

197.32 199.18 201.12 203.30 205.53 207.39 209.39 211.43 213.67

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

17.98 18.09 18.26 18.60 18.97 16.96 16.95 17.49 18.12

40.02 38.78 37.54 36.29 35.05 33.81 32.57 32.57 32.57

0.36 0.37 0.38 0.39 0.40 0.41 0.42 0.43 0.45

233.49 234.03 234.60 235.25 235.93 238.58 239.48 241.10 242.87

211.81 213.72 215.70 217.95 220.24 222.14 224.29 226.46 228.87

130.69 130.19 129.69 129.16 128.62 128.31 128.19 128.13 127.98

0.44 0.44 0.44 0.44 0.44 0.44 0.44 0.44 0.44

58.25 58.78 59.34 59.98 60.64 63.28 64.18 65.73 67.48

22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57

-0.13 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12

25.72 26.23 26.74 27.28 27.83 28.16 28.29 28.42 28.58

237.54 238.09 238.66 239.31 239.98 242.63 243.54 245.16 246.92

233.49 234.03 234.60 235.25 235.93 238.58 239.48 241.10 242.87

4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.53 1.59 1.66 1.73 1.81 1.89 1.98 2.07 2.16

0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22

0.89 0.89 0.89 0.91 0.91 0.92 0.93 0.94 0.95

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.05 3.12 3.19 3.27 3.36 3.44 3.54 3.64 3.74

0.36 0.37 0.38 0.39 0.40 0.41 0.42 0.43 0.45

2.69 2.75 2.81 2.88 2.96 3.03 3.12 3.20 3.29

240.59 241.21 241.85 242.58 243.34 246.07 247.08 248.80 250.66

10.6 10.7 10.8 10.9 11.0 11.1 11.2 11.3 11.3

8.3 8.2 8.2 8.3 8.3 8.4 8.4 8.4 8.5

6.3 6.3 6.3 6.4 6.4 6.5 6.5 6.5 6.6

7.2 7.4 7.6 8.0 8.3 8.6 8.9 9.1 9.5

8.8 8.8 8.8 8.9 9.0 9.0 9.1 9.2 9.2

5.4 5.4 5.4 5.4 5.5 5.6 5.6 5.6 5.7

0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.1

2.4 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5

0.22% -0.28% 0.40% 0.63% 1.15% 0.95% 0.42% 0.59% 0.64%

1.38 1.37 1.37 1.36 1.36 1.35 1.35 1.35 1.35

0.48 0.49 0.49 0.50 0.50 0.52 0.53 0.54 0.55

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.87 1.86 1.86 1.86 1.86 1.88 1.88 1.89 1.91

1.63 1.62 1.61 1.61 1.63 1.62 1.62 1.62 1.62

6.07 6.15 6.22 6.34 6.47 6.64 6.69 6.75 6.91

20.39 20.44 20.71 21.02 21.21 21.51 21.67 21.79 22.10

23.15 23.35 23.46 23.59 23.76 23.95 24.09 24.34 24.62

47.59 47.52 47.34 47.30 47.20 47.42 47.48 47.66 47.85

174.49 174.26 173.59 173.42 173.05 173.87 174.10 174.76 175.44

0.11 0.11 0.12 0.11 0.11 0.11 0.11 0.11 0.11

0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.23

0.70 0.67 0.56 0.61 0.59 0.57 0.55 0.63 0.61

2029 2030 2031 2032 2033 2034 2035

2008-

2029 2030 2031 2032 2033 2034 2035 2035

18.00 18.00 18.00 18.00 18.11 18.82 19.54 0.7%

3.09 3.09 3.09 3.09 3.09 3.09 3.09 0.0%

19.31 19.91 20.63 20.89 21.40 21.40 21.40 0.7%

12.38 12.48 12.48 12.84 12.84 12.84 12.84 2.7%

2.86 2.86 2.86 2.86 2.86 2.86 2.86 0.0%

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

7.77 7.92 7.92 7.94 7.97 7.97 7.98 0.2%

0.01 0.03 0.04 0.06 0.07 0.08 0.09 - -

64.22 65.07 65.81 66.46 67.11 67.84 68.57 0.8%

1.62 1.62 1.62 1.62 1.62 1.62 1.62 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

1.38 1.38 1.38 1.38 1.38 1.38 1.38 - -

0.41 0.41 0.41 0.41 0.41 0.41 0.41 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.08 0.08 0.08 0.09 0.09 0.09 0.10 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

3.49 3.49 3.49 3.50 3.50 3.51 3.51 - -

0.00 0.00 0.00 0.00 0.11 0.82 1.54 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.59 1.32 1.57 2.08 2.08 2.08 - -

5.76 5.86 5.86 6.22 6.22 6.22 6.22 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.22 0.37 0.37 0.38 0.40 0.40 0.40 - -

0.01 0.03 0.04 0.06 0.07 0.08 0.09 - -

6.00 6.85 7.59 8.23 8.88 9.60 10.33 - -
9.49 10.34 11.08 11.73 12.38 13.10 13.84 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.03 0.03 0.03 0.03 0.03 0.03 0.03 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.03 0.03 0.03 0.03 0.03 0.03 0.03 - -

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.3%

0.40 0.42 0.43 0.44 0.46 0.47 0.49 3.3%

0.04 0.04 0.04 0.04 0.04 0.04 0.04 1.3%

0.49 0.50 0.50 0.51 0.52 0.53 0.54 7.2%

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.0%

1.02 1.04 1.06 1.08 1.11 1.13 1.16 4.0%

81.62 82.43 83.15 83.90 84.20 84.67 85.18 0.6%

95.03 96.62 98.20 99.71 101.18 102.65 104.17 1.4%

38.76 38.73 38.90 39.00 39.20 39.60 40.18 -0.2%

0.24 0.27 0.30 0.32 0.35 0.38 0.41 7.3%

215.64 218.05 220.55 222.93 224.92 227.31 229.95 0.8%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

16.60 14.89 12.54 13.23 13.16 12.91 12.39 -2.1%

37.31 35.94 35.61 35.18 34.66 34.19 33.75 -1.4%

0.46 0.47 0.49 0.50 0.52 0.53 0.55 3.6%

251.23 254.14 258.83 260.23 261.90 264.22 267.10 0.4%

230.98 233.55 236.23 238.79 240.92 243.48 246.30 0.6%

127.85 128.60 128.47 128.39 129.15 134.24 139.43 0.6%

0.44 0.44 0.44 0.44 0.45 0.47 0.50 5.0%

75.83 77.86 82.53 83.88 84.66 81.72 79.21 -0.3%

22.57 22.57 22.57 22.57 22.57 22.57 22.57 0.2%

-0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12 0.5%

28.71 28.85 28.99 29.13 29.26 29.41 29.57 1.6%

255.28 258.20 262.88 264.29 265.95 268.28 271.16 0.4%

251.23 254.14 258.83 260.23 261.90 264.22 267.10 0.4%

4.06 4.06 4.06 4.06 4.06 4.06 4.06 0.1%

0.06 0.13 0.19 0.25 0.29 0.34 0.40 - -
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.9%

2.25 2.35 2.45 2.55 2.65 2.75 2.87 5.2%

0.22 0.22 0.22 0.22 0.22 0.22 0.22 1.7%

0.96 0.97 0.99 1.00 1.02 1.04 1.05 7.3%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

3.84 3.96 4.07 4.18 4.30 4.43 4.56 4.4%

0.46 0.47 0.49 0.50 0.52 0.53 0.55 3.6%

3.38 3.49 3.58 3.68 3.79 3.89 4.00 4.5%

259.19 262.29 267.15 268.72 270.55 273.05 276.11 0.4%

11.4 11.3 11.4 11.5 11.7 11.9 12.0 0.5%

8.5 8.4 8.4 8.5 8.6 8.7 8.8 -0.1%

6.5 6.5 6.5 6.6 6.7 6.7 6.8 -0.1%

9.7 9.8 10.1 10.4 10.6 10.9 11.1 1.3%

9.2 9.2 9.2 9.3 9.4 9.5 9.6 0.2%

5.6 5.5 5.6 5.7 5.8 5.8 5.9 -0.3%

1.1 1.1 1.1 1.1 1.2 1.2 1.2 2.3%

2.5 2.5 2.5 2.5 2.5 2.5 2.5 0.8%

-0.38% -1.44% 0.21% 1.71% 1.84% 1.24% 0.96%

1.35 1.36 1.35 1.35 1.36 1.41 1.45 0.6%

0.62 0.63 0.66 0.66 0.67 0.64 0.63 -0.3%

0.00 0.00 0.00 0.00 0.00 0.00 0.01 4.9%

1.97 1.99 2.02 2.02 2.03 2.05 2.08 0.3%

1.63 1.63 1.64 1.64 1.64 1.65 1.65 0.0%

6.66 6.33 6.51 6.82 7.05 7.13 7.21 -0.2%

22.43 22.42 22.74 23.01 23.32 23.57 23.84 0.6%

24.91 25.29 25.60 25.85 26.07 26.23 26.43 1.8%

48.86 49.21 49.65 49.75 49.95 50.86 51.83 0.3%

179.15 180.45 182.05 182.41 183.16 186.48 190.03 0.3%

0.11 0.11 0.11 0.12 0.12 0.12 0.12 -0.5%

0.23 0.23 0.23 0.23 0.23 0.23 0.24 0.2%

0.60 0.66 0.64 0.63 0.65 0.67 0.63 -4.2%
set4.d111809a 2007 2008 2009 2010

Report Annual Energy Outlook 2010

Scenario aeo2010r

Datekey d111809a

Release Date December 2009

Table 83. Electric Power Projections for EMM Region

Western Electricity Coordinating Council / Rocky Mountain Power Area and Arizona-New Mexico-Southern Nevada Po

 Electricity Supply and Demand 2007 2008 2009 2010

Electricity Generating Capacity 1/

(gigawatts)

 Electric Power Sector

 Coal 16.30 16.39 17.54 17.62

 Oil and Natural Gas Steam 2/ 3.11 3.11 3.11 3.11

 Combined Cycle 17.93 17.93 17.93 17.93

 Combustion Turbine/Diesel 5.53 6.21 6.58 6.62

 Nuclear Power 2.86 2.86 2.86 2.86

 Pumped Storage/Other 3/ 0.78 0.78 0.78 0.78

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 7.34 7.47 7.63 7.63

 Distributed Generation 5/ 0.00 0.00 0.00 0.00

 Total Capacity 53.86 54.76 56.44 56.56

 Cumulative Planned Additions 6/

 Coal 0.00 0.00 1.15 1.23

 Oil and Natural Gas Steam 2/ 0.00 0.00 0.00 0.00

 Combined Cycle 0.00 0.00 0.00 0.00

 Combustion Turbine/Diesel 0.00 0.00 0.37 0.41

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage/Other 3/ 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 0.00 0.00 0.00 0.01

 Distributed Generation 5/ 0.00 0.00 0.00 0.00

 Total Planned Additions 0.00 0.00 1.52 1.65

 Cumulative Unplanned Additions 6/

 Coal 0.00 0.00 0.00 0.00

 Oil and Natural Gas Steam 2/ 0.00 0.00 0.00 0.00

 Combined Cycle 0.00 0.00 0.00 0.00

 Combustion Turbine/Diesel 0.00 0.00 0.00 0.00

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage/Other 3/ 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/

 Distributed Generation 5/

 Total Unplanned Additions
 Cumulative Total Additions

 Cumulative Retirements 7/

 Coal

 Oil and Natural Gas Steam 2/

 Combined Cycle

 Combustion Turbine/Diesel 0.00 0.00 0.00 0.00

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 0.00 0.00 0.00 0.00

 Total 0.00 0.00 0.00 0.00

 End-Use Sectors 8/

 Coal 0.08 0.08 0.08 0.08

 Petroleum 0.00 0.00 0.00 0.00

 Natural Gas 0.20 0.20 0.22 0.22

 Other Gaseous Fuels 0.03 0.03 0.03 0.04

 Renewable Sources 4/ 0.05 0.08 0.11 0.15

 Other 0.01 0.01 0.01 0.01

 Total 0.38 0.40 0.45 0.50

Electricity Demand

(billion kilowatthours)

 Residential 72.37 72.75 68.47 69.28

 Commercial/Other 70.08 71.43 67.30 68.76

 Industrial 43.63 42.37 38.04 37.12

 Transportation 0.06 0.06 0.06 0.06

 Total Sales 186.14 186.61 173.87 175.23

Net Energy for Load (billion kilowatthours) 7/

 Gross International Imports 0.00 0.00 0.00 0.00

 Gross International Exports 0.00 0.00 0.00 0.00

 Gross Interregional Electricity Imports 13.54 21.81 21.39 18.29

 Gross Interregional Electricity Exports 48.91 49.80 51.07 44.72

 Purchases from Combined Heat and Power 8/ 0.16 0.21 0.24 0.23

 Electric Power Sector Generation for Customers 230.24 239.69 219.44 217.67

 Total Net Energy for Load 195.03 211.91 189.99 191.47

Generation by Fuel Type

(billion kilowatthours)

 Electric Power Sector

 Coal 116.60 118.36 118.62 117.22

 Petroleum 0.14 0.13 0.26 0.26

 Natural Gas 81.94 84.85 62.68 61.34

 Nuclear 19.44 21.21 22.57 22.57

 Pumped Storage/Other 9/ 0.01 -0.11 -0.13 -0.13

 Renewable Sources 10/ 15.84 19.24 19.49 20.46

 Total Generation 233.96 243.68 223.49 221.72

 Sales to Customers 230.24 239.69 219.44 217.67

 Generation for Own Use 3.72 4.00 4.06 4.05

 Distributed Generation 5/ 0.00 0.00 0.00 0.00
 End-Use Sectors 8/

 Coal 0.40 0.42 0.42 0.42

 Petroleum 0.00 0.00 0.00 0.00

 Natural Gas 0.68 0.72 0.85 0.86

 Other Gaseous Fuels 0.00 0.14 0.14 0.22

 Renewable Sources 10/ 0.12 0.16 0.21 0.28

 Other 0.03 0.00 0.00 0.00

 Total 1.23 1.44 1.61 1.78

 Sales to Utilities 0.16 0.21 0.24 0.23

 Generation for Own Use 1.08 1.22 1.38 1.56

Total Electricity Generation 235.19 245.12 225.10 223.50

End-Use Prices

(2008 cents per kilowatthour)

 Residential 10.1 10.5 10.7 10.3

 Commercial 8.4 9.0 9.4 9.0

 Industrial 6.6 6.9 7.2 6.9

 Transportation 7.5 7.9 8.1 7.9

 All Sectors Average 8.7 9.1 9.5 9.1

Prices by Service Category

(2008 cents per kilowatthour)

 Generation 6.0 6.4 6.7 6.1

 Transmission 0.6 0.6 0.7 0.7

 Distribution 2.1 2.0 2.1 2.2

Fuel Consumption (quadrillion Btu) 11/

 Coal 1.23 1.24 1.30 1.28

 Natural Gas 0.65 0.67 0.52 0.51

 Oil 0.00 0.00 0.00 0.00

 Total 1.88 1.91 1.82 1.79

Fuel Prices (2008 dollars per million Btu) -9.1%

 Coal 1.57 1.66 1.79 1.64

 Natural Gas 5.77 7.66 4.05 4.98

 Distillate Fuel Oil 17.16 20.12 14.79 14.58

 Residual Fuel Oil 10.23 16.15 9.87 19.10

Emissions 12/

 Total Carbon (million tons) 49.46 47.68 45.97 45.23

 Carbon Dioxide (million tons) 181.34 174.84 168.54 165.85

 Sulfur Dioxide (million tons) 0.15 0.14 0.09 0.10

 Nitrogen Oxide (million tons) 0.24 0.22 0.22 0.21

 Mercury (tons) 2.06 2.02 2.20 2.05

 1/ Net summer capacity is the steady hourly output that generating equipment is expected to supply to system load (exclusive of auxiliary power), as demo

peak demand. Includes electric utilities, small power producers, and exempt wholesale generators.
 2/ Includes oil-, gas-, and dual-fired capacity.

 3/ Other includes methane, propane gas, and blast furnace gas for utilities; and hydrogen, sulfur, batteries, chemicals, fish oil, and spent sulfite liquor.

 4/ Includes conventional hydroelectric, geothermal, wood, wood waste, municipal waste, other biomass, solar thermal, photovoltaics, and wind power.

 5/ Primarily peak-load capacity fueled by natural gas.

 6/ Cumulative additions after December 31, 2008.

 7/ Generation to meet system load by source.

 8/ Includes combined heat and power plants and electricity-only plants in the commercial and industrial sectors; and small on-site generating systems in th

industrial sectors used primarily for own-use generation, but which may also sell some power to the grid.

 9/ Other includes methane, propane gas, and blast furnace gas for utilities; and hydrogen, sulfur, batteries, chemicals, fish oil, spent sulfite liquor, and non-

 10/ Includes conventional hydroelectric, geothermal, wood, wood waste, biogenic municipal waste, other biomass, solar thermal, photovoltaics, and wind po

 11/ Includes fuel consumption by electric utilities, small power producers, independent power producers, and exempt wholesale generators.

 12/ Estimated emissions from utilities and nonutilities (excluding combined heat and power).

 EMM = Electricity market module.

 - - = Not applicable.

 Note: Totals may not equal sum of components due to independent rounding.

 Sources: 2007 and 2008 (except for prices and nonutility data): Energy Information Administration (EIA), Annual Energy Review 2008, DOE/EIA-0384(200

Other 2007 and 2008 and projections: EIA, AEO2010 National Energy Modeling System run aeo2010r.d111809a.
2011 2012 2013 2014 2015 2016 2017 2018 2019

Reference case

Mexico-Southern Nevada Power Area

2011 2012 2013 2014 2015 2016 2017 2018 2019

18.01 18.01 18.01 18.00 18.00 18.00 18.00 18.00 18.00

3.11 3.11 3.09 3.09 3.09 3.09 3.09 3.09 3.09

18.46 19.31 19.31 19.31 19.31 19.31 19.31 19.31 19.31

6.62 6.62 6.62 6.62 6.62 6.62 6.62 6.62 6.73

2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7.64 8.44 8.49 8.49 8.50 8.50 8.50 8.51 8.51

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

57.48 59.14 59.16 59.16 59.17 59.17 59.17 59.18 59.30

1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.53 1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38

0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.01 0.01 0.02 0.02 0.03 0.03 0.03 0.04 0.04

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2.56 3.43 3.43 3.43 3.44 3.44 3.45 3.45 3.45

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.12

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.00 1.00 1.00 1.00 1.00 1.00

0.00 0.00 0.00 0.00 0.00 0.00

1.00 1.00 1.00 1.00 1.00 1.11
4.43 4.44 4.44 4.44 4.45 4.56

0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.23 0.24 0.26 0.27 0.29 0.30 0.31 0.32 0.34

0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04

0.22 0.30 0.39 0.48 0.59 0.70 0.70 0.70 0.71

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01

0.58 0.67 0.77 0.88 1.00 1.13 1.14 1.15 1.17

71.36 71.86 70.88 71.21 71.82 72.75 73.65 74.79 76.03

71.14 72.56 73.49 74.84 76.47 78.24 80.05 81.90 83.75

38.45 39.74 40.60 40.98 41.21 41.47 41.75 42.07 42.38

0.06 0.06 0.07 0.07 0.08 0.09 0.09 0.10 0.11

181.01 184.23 185.04 187.10 189.58 192.55 195.54 198.87 202.28

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

18.26 20.78 27.25 29.56 30.74 30.73 31.71 31.80 30.24

45.95 44.53 44.56 44.56 44.98 44.99 43.75 42.50 41.26

0.24 0.26 0.28 0.30 0.32 0.34 0.36 0.38 0.40

224.65 223.57 217.35 216.61 217.86 220.95 221.85 223.98 227.84

197.21 200.08 200.33 201.91 203.94 207.04 210.17 213.65 217.23

123.08 126.92 131.26 133.80 133.80 133.92 134.05 134.17 134.30

0.27 0.28 0.29 0.29 0.44 0.44 0.44 0.44 0.44

62.21 54.83 43.71 40.20 41.08 44.03 44.80 46.78 50.50

22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57

-0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13

20.70 23.16 23.71 23.95 24.17 24.18 24.19 24.20 24.21

228.71 227.63 221.41 220.67 221.92 225.01 225.91 228.03 231.90

224.65 223.57 217.35 216.61 217.86 220.95 221.85 223.98 227.84

4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.95 1.05 1.16 1.27 1.37 1.48 1.56 1.65 1.75

0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.21

0.41 0.56 0.74 0.92 1.12 1.34 1.35 1.37 1.37

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2.00 2.25 2.53 2.82 3.13 3.45 3.55 3.65 3.75

0.24 0.26 0.28 0.30 0.32 0.34 0.36 0.38 0.40

1.75 1.99 2.25 2.52 2.81 3.11 3.19 3.27 3.36

230.70 229.87 223.94 223.49 225.05 228.46 229.46 231.68 235.65

10.7 10.8 10.9 10.8 10.8 10.8 10.9 10.9 11.0

9.0 9.1 9.0 8.8 8.8 8.8 8.7 8.7 8.7

6.8 6.9 6.8 6.7 6.7 6.7 6.6 6.6 6.6

7.6 7.6 7.4 7.0 6.7 6.9 7.2 7.5 7.9

9.2 9.3 9.2 9.1 9.1 9.1 9.1 9.1 9.1

6.2 6.3 6.1 5.8 5.8 5.8 5.8 5.8 5.8

0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9

2.2 2.3 2.3 2.4 2.4 2.4 2.4 2.4 2.4

-0.71% -0.26% -0.26% -0.21% 0.06%

1.32 1.35 1.38 1.41 1.41 1.41 1.41 1.41 1.42

0.52 0.46 0.37 0.35 0.35 0.37 0.38 0.39 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.84 1.81 1.76 1.76 1.77 1.79 1.80 1.81 1.84

-2.0% 1.1% 0.1% 0.3% 0.6% 0.0% 0.5% 0.2% -0.3%

1.61 1.63 1.63 1.64 1.65 1.65 1.65 1.66 1.65

6.02 6.23 5.80 5.75 5.96 6.16 6.24 6.36 6.46

14.85 15.92 16.94 17.63 18.11 19.01 19.66 20.30 20.73

19.18 20.10 21.01 21.71 22.13 22.57 22.94 23.37 23.56

46.63 46.45 46.02 46.39 46.33 46.73 46.88 47.20 47.71

170.96 170.32 168.73 170.09 169.89 171.36 171.90 173.05 174.94

0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.12

0.21 0.22 0.22 0.22 0.22 0.23 0.23 0.23 0.23

2.18 2.21 2.19 2.29 0.56 0.57 0.55 0.68 0.63

xclusive of auxiliary power), as demonstrated by tests during summer
 fish oil, and spent sulfite liquor.

 photovoltaics, and wind power.

mall on-site generating systems in the residential, commercial, and

 fish oil, spent sulfite liquor, and non-biogenic municipal waste.

ar thermal, photovoltaics, and wind power.

wholesale generators.

rgy Review 2008, DOE/EIA-0384(2008) (Washington, DC, June 2009).
2020 2021 2022 2023 2024 2025 2026 2027 2028

2020 2021 2022 2023 2024 2025 2026 2027 2028

18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 19.06

3.09 3.09 3.09 3.09 3.09 3.09 3.09 3.09 3.09

19.31 19.31 19.31 19.31 19.31 19.70 20.60 21.45 21.45

7.31 8.17 9.10 10.03 11.13 11.84 11.97 11.97 11.97

2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

8.52 8.52 8.52 8.55 8.55 8.55 8.56 8.70 8.70

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

59.88 60.74 61.67 62.63 63.73 64.83 65.87 66.86 67.92

1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38

0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.04 0.05 0.05 0.05 0.06 0.06 0.06 0.07 0.07

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.46 3.46 3.46 3.47 3.47 3.47 3.48 3.48 3.48

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.05

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.38 1.29 2.14 2.14

0.69 1.56 2.48 3.41 4.51 5.22 5.35 5.35 5.35

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.00 1.00 1.00 1.02 1.02 1.02 1.02 1.16 1.16

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.69 2.55 3.47 4.43 5.53 6.62 7.66 8.65 9.71
5.14 6.01 6.94 7.90 9.00 10.09 11.13 12.13 13.19

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.35 0.36 0.38 0.40 0.41 0.43 0.45 0.47 0.48

0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04

0.71 0.71 0.72 0.72 0.73 0.73 0.74 0.74 0.75

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01

1.19 1.21 1.23 1.25 1.27 1.29 1.32 1.34 1.37

77.07 77.93 78.97 80.09 81.54 82.65 83.86 84.99 86.26

85.48 87.22 88.96 90.73 92.63 94.58 96.41 98.16 99.94

42.52 42.44 42.26 42.40 42.64 42.93 43.14 43.25 43.39

0.12 0.14 0.15 0.17 0.19 0.21 0.24 0.26 0.29

205.20 207.74 210.34 213.39 217.00 220.37 223.64 226.66 229.87

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

22.74 24.90 22.47 17.13 18.44 15.45 12.79 18.21 10.97

40.01 38.78 37.54 36.29 35.81 33.81 32.57 32.57 32.57

0.43 0.44 0.47 0.49 0.50 0.52 0.54 0.56 0.58

237.11 236.33 240.19 247.44 249.40 253.88 258.79 256.57 267.24

220.27 222.89 225.59 228.76 232.53 236.04 239.55 242.77 246.22

132.95 132.40 131.84 131.30 130.64 130.21 130.01 130.55 138.15

0.44 0.44 0.44 0.44 0.44 0.44 0.44 0.44 0.48

59.64 58.85 62.70 69.89 71.83 76.30 81.20 78.25 81.06

22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57

-0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.13 -0.12

25.69 26.25 26.82 27.43 28.10 28.54 28.75 28.95 29.15

241.17 240.39 244.24 251.50 253.46 257.94 262.84 260.63 271.29

237.11 236.33 240.19 247.44 249.40 253.88 258.79 256.57 267.24

4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.85 1.97 2.09 2.21 2.34 2.47 2.60 2.73 2.86

0.21 0.21 0.21 0.21 0.21 0.21 0.22 0.21 0.22

1.39 1.39 1.41 1.42 1.42 1.43 1.44 1.46 1.47

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.88 4.00 4.13 4.26 4.40 4.54 4.68 4.82 4.97

0.43 0.44 0.47 0.49 0.50 0.52 0.54 0.56 0.58

3.45 3.55 3.66 3.78 3.90 4.01 4.14 4.26 4.39

245.04 244.38 248.37 255.76 257.85 262.47 267.52 265.45 276.26

11.1 11.3 11.4 11.5 11.5 11.6 11.7 11.9 12.1

8.8 8.8 8.9 8.9 8.8 8.8 8.9 9.1 9.2

6.7 6.7 6.8 6.8 6.8 6.8 6.9 7.0 7.1

8.3 8.7 9.1 9.5 9.7 10.0 10.4 10.8 11.1

9.2 9.3 9.4 9.4 9.4 9.5 9.6 9.7 9.9

5.8 5.9 5.9 6.0 5.9 5.9 6.0 6.2 6.3

0.9 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1

2.4 2.4 2.5 2.5 2.5 2.5 2.5 2.5 2.5

1.58% 0.97% 0.65% 0.19% -0.94% 0.70% 1.69% 2.23% 1.65%

1.40 1.40 1.39 1.38 1.38 1.37 1.37 1.38 1.44

0.49 0.49 0.52 0.57 0.59 0.62 0.65 0.62 0.64

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01

1.90 1.89 1.91 1.96 1.97 2.00 2.02 2.00 2.09

-0.3% -0.4% 0.0% -0.1% -0.1% 0.3% 0.5% 0.3% 0.3%

1.65 1.64 1.64 1.64 1.64 1.64 1.65 1.66 1.66

6.67 6.71 6.84 6.63 6.34 6.54 6.75 6.97 7.19

21.04 21.20 21.41 21.68 21.88 22.18 22.42 22.65 22.97

23.63 23.87 24.03 24.21 24.43 24.63 24.69 24.85 25.04

48.35 48.15 48.43 49.10 49.20 49.55 49.96 49.66 51.82

177.27 176.57 177.59 180.03 180.41 181.70 183.20 182.07 190.02

0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.12

0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.23

0.57 0.62 0.65 0.56 0.67 0.69 0.67 0.65 0.64

2029 2030 2031 2032 2033 2034 2035

2008-

2029 2030 2031 2032 2033 2034 2035 2035

19.93 20.90 21.58 22.33 23.24 24.22 25.18 1.6%

3.09 3.09 3.09 3.09 3.09 3.09 3.09 0.0%

21.45 21.45 21.45 21.45 21.45 21.45 21.45 0.7%

11.97 11.97 11.97 11.97 11.97 11.97 11.97 2.5%

2.86 2.86 2.86 2.86 2.86 2.86 2.86 0.0%

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

8.80 8.81 9.12 9.34 9.47 9.69 9.76 1.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

68.89 69.87 70.86 71.83 72.87 74.07 75.11 1.2%

1.62 1.62 1.62 1.62 1.62 1.62 1.62 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

1.38 1.38 1.38 1.38 1.38 1.38 1.38 - -

0.41 0.41 0.41 0.41 0.41 0.41 0.41 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.08 0.08 0.08 0.09 0.09 0.09 0.10 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

3.49 3.49 3.49 3.50 3.50 3.51 3.51 - -

1.92 2.90 3.58 4.32 5.24 6.22 7.18 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

2.14 2.14 2.14 2.14 2.14 2.14 2.14 - -

5.35 5.35 5.35 5.35 5.35 5.35 5.35 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

1.25 1.25 1.56 1.78 1.91 2.12 2.19 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

10.67 11.64 12.64 13.60 14.64 15.83 16.86 - -
14.16 15.14 16.13 17.10 18.14 19.34 20.38 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.03 0.03 0.03 0.03 0.03 0.03 0.03 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.03 0.03 0.03 0.03 0.03 0.03 0.03 - -

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.3%

0.50 0.52 0.54 0.56 0.58 0.60 0.62 4.2%

0.04 0.04 0.04 0.04 0.04 0.04 0.04 1.3%

0.76 0.78 0.79 0.81 0.82 0.84 0.86 9.0%

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.0%

1.40 1.43 1.46 1.49 1.53 1.57 1.61 5.2%

87.11 88.13 89.11 90.28 91.12 92.19 93.29 0.9%

101.74 103.51 105.24 106.96 108.74 110.57 112.40 1.7%

43.58 43.71 44.05 44.42 44.83 45.44 46.42 0.3%

0.31 0.34 0.37 0.40 0.44 0.47 0.50 8.0%

232.75 235.69 238.77 242.05 245.13 248.67 252.61 1.1%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

11.71 9.82 9.35 9.34 9.37 9.36 4.28 -5.9%

32.57 33.04 34.37 35.63 36.34 38.75 38.47 -1.0%

0.60 0.61 0.63 0.66 0.69 0.72 0.75 4.8%

269.56 275.06 280.14 284.90 288.85 295.03 304.01 0.9%

249.30 252.46 255.75 259.27 262.56 266.36 270.57 0.9%

145.12 152.15 159.09 165.67 172.87 180.44 187.56 1.7%

0.51 0.55 0.58 0.60 0.64 0.67 0.71 6.4%

76.22 74.46 72.39 70.36 66.91 64.81 66.11 -0.9%

22.57 22.57 22.57 22.57 22.57 22.57 22.57 0.2%

-0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12 0.4%

29.32 29.51 29.69 29.88 30.05 30.72 31.24 1.8%

273.62 279.12 284.20 288.96 292.90 299.09 308.06 0.9%

269.56 275.06 280.14 284.90 288.85 295.03 304.01 0.9%

4.06 4.06 4.06 4.06 4.06 4.06 4.06 0.1%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.0%

2.99 3.13 3.26 3.40 3.54 3.69 3.85 6.4%

0.22 0.22 0.22 0.22 0.22 0.22 0.22 1.7%

1.50 1.53 1.55 1.58 1.62 1.66 1.71 9.2%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

5.13 5.29 5.45 5.62 5.80 5.99 6.19 5.6%

0.60 0.61 0.63 0.66 0.69 0.72 0.75 4.8%

4.53 4.67 4.82 4.97 5.12 5.27 5.44 5.7%

278.74 284.40 289.65 294.58 298.71 305.08 314.25 0.9%

12.3 12.5 12.7 12.8 13.0 13.1 13.2 0.9%

9.3 9.4 9.5 9.7 9.7 9.9 9.9 0.4%

7.1 7.2 7.3 7.4 7.5 7.6 7.6 0.4%

11.4 11.8 12.1 12.4 12.6 12.8 13.0 1.9%

10.0 10.2 10.3 10.4 10.5 10.6 10.7 0.6%

6.4 6.5 6.6 6.8 6.8 6.9 7.0 0.4% 69%

1.1 1.2 1.2 1.2 1.2 1.2 1.2 2.4% 7%

2.5 2.5 2.5 2.5 2.5 2.5 2.5 0.7% 24%

1.98% 1.76% 1.95% 1.75% 1.23% 1.49% 1.21% 100%

1.50 1.57 1.63 1.69 1.75 1.82 1.88 1.5%

0.60 0.59 0.58 0.56 0.54 0.52 0.53 -0.8%

0.01 0.01 0.01 0.01 0.01 0.01 0.01 6.0%

2.11 2.16 2.21 2.26 2.29 2.35 2.42 0.9%

0.6% 0.5% 1.2% 1.1% 1.1% 1.4% 0.9%

1.67 1.68 1.70 1.72 1.74 1.76 1.78 0.3%

7.37 7.55 7.81 7.96 8.07 8.28 8.42 0.3%

23.35 23.51 23.94 24.32 24.61 25.05 25.50 0.9%

25.33 25.63 25.95 26.22 26.57 26.87 27.15 1.9%

53.03 54.55 56.13 57.61 59.01 60.67 62.62 1.0%

194.46 200.02 205.81 211.23 216.38 222.44 229.62 1.0%

0.12 0.12 0.12 0.12 0.12 0.13 0.13 -0.3%

0.24 0.24 0.24 0.24 0.25 0.25 0.26 0.5%

0.62 0.63 0.64 0.66 0.71 0.68 0.71 -3.8%



65% 6.2 65%

11% 1.0 10%

23% 2.4 25%
hm2010.d020310a 2007 2008 2009 2010

Report Annual Energy Outlook 2010

Scenario hm2010

Datekey d020310a

Release Date May 2010

Table 83. Electric Power Projections for EMM Region

Western Electricity Coordinating Council / Rocky Mountain Power Area and Arizona-New Mexico-Southern Nevada Po

 Electricity Supply and Demand 2007 2008 2009 2010

Electricity Generating Capacity 1/

(gigawatts)

 Electric Power Sector

 Coal 16.30 16.39 17.54 17.62

 Oil and Natural Gas Steam 2/ 3.11 3.11 3.11 3.11

 Combined Cycle 17.93 17.93 17.93 17.93

 Combustion Turbine/Diesel 5.53 6.21 6.58 6.62

 Nuclear Power 2.86 2.86 2.86 2.86

 Pumped Storage/Other 3/ 0.78 0.78 0.78 0.78

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 7.34 7.47 7.63 7.63

 Distributed Generation 5/ 0.00 0.00 0.00 0.00

 Total Capacity 53.86 54.76 56.44 56.56

 Cumulative Planned Additions 6/

 Coal 0.00 0.00 1.15 1.23

 Oil and Natural Gas Steam 2/ 0.00 0.00 0.00 0.00

 Combined Cycle 0.00 0.00 0.00 0.00

 Combustion Turbine/Diesel 0.00 0.00 0.37 0.41

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage/Other 3/ 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 0.00 0.00 0.00 0.01

 Distributed Generation 5/ 0.00 0.00 0.00 0.00

 Total Planned Additions 0.00 0.00 1.52 1.65

 Cumulative Unplanned Additions 6/

 Coal 0.00 0.00 0.00 0.00

 Oil and Natural Gas Steam 2/ 0.00 0.00 0.00 0.00

 Combined Cycle 0.00 0.00 0.00 0.00

 Combustion Turbine/Diesel 0.00 0.00 0.00 0.00

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage/Other 3/ 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/

 Distributed Generation 5/

 Total Unplanned Additions
 Cumulative Total Additions

 Cumulative Retirements 7/

 Coal

 Oil and Natural Gas Steam 2/

 Combined Cycle

 Combustion Turbine/Diesel 0.00 0.00 0.00 0.00

 Nuclear Power 0.00 0.00 0.00 0.00

 Pumped Storage 0.00 0.00 0.00 0.00

 Fuel Cells 0.00 0.00 0.00 0.00

 Renewable Sources 4/ 0.00 0.00 0.00 0.00

 Total 0.00 0.00 0.00 0.00

 End-Use Sectors 8/

 Coal 0.08 0.08 0.08 0.08

 Petroleum 0.00 0.00 0.00 0.00

 Natural Gas 0.20 0.20 0.22 0.22

 Other Gaseous Fuels 0.03 0.03 0.03 0.04

 Renewable Sources 4/ 0.05 0.08 0.11 0.15

 Other 0.01 0.01 0.01 0.01

 Total 0.38 0.40 0.45 0.50

Electricity Demand

(billion kilowatthours)

 Residential 72.37 72.75 68.47 69.28

 Commercial/Other 70.08 71.43 67.30 68.85

 Industrial 43.63 42.37 38.04 37.10

 Transportation 0.06 0.06 0.06 0.06

 Total Sales 186.14 186.61 173.87 175.29

Net Energy for Load (billion kilowatthours) 7/

 Gross International Imports 0.00 0.00 0.00 0.00

 Gross International Exports 0.00 0.00 0.00 0.00

 Gross Interregional Electricity Imports 13.54 21.81 21.39 18.31

 Gross Interregional Electricity Exports 48.91 49.80 50.88 44.70

 Purchases from Combined Heat and Power 8/ 0.16 0.21 0.24 0.23

 Electric Power Sector Generation for Customers 230.24 239.69 219.24 217.69

 Total Net Energy for Load 195.03 211.91 189.99 191.53

Generation by Fuel Type

(billion kilowatthours)

 Electric Power Sector

 Coal 116.60 118.36 118.62 117.22

 Petroleum 0.14 0.13 0.26 0.26

 Natural Gas 81.94 84.85 62.49 61.37

 Nuclear 19.44 21.21 22.57 22.57

 Pumped Storage/Other 9/ 0.01 -0.11 -0.13 -0.13

 Renewable Sources 10/ 15.84 19.24 19.49 20.46

 Total Generation 233.96 243.68 223.30 221.75

 Sales to Customers 230.24 239.69 219.24 217.69

 Generation for Own Use 3.72 4.00 4.06 4.05

 Distributed Generation 5/ 0.00 0.00 0.00 0.00
 End-Use Sectors 8/

 Coal 0.40 0.42 0.42 0.42

 Petroleum 0.00 0.00 0.00 0.00

 Natural Gas 0.68 0.72 0.86 0.88

 Other Gaseous Fuels 0.00 0.14 0.14 0.22

 Renewable Sources 10/ 0.12 0.16 0.21 0.28

 Other 0.03 0.00 0.00 0.00

 Total 1.23 1.44 1.62 1.80

 Sales to Utilities 0.16 0.21 0.24 0.23

 Generation for Own Use 1.08 1.22 1.38 1.57

Total Electricity Generation 235.19 245.12 224.92 223.55

End-Use Prices

(2008 cents per kilowatthour)

 Residential 10.1 10.5 10.7 10.3

 Commercial 8.4 9.0 9.4 9.0

 Industrial 6.6 6.9 7.2 6.9

 Transportation 7.5 7.9 8.1 7.9

 All Sectors Average 8.7 9.1 9.5 9.1

Prices by Service Category

(2008 cents per kilowatthour)

 Generation 6.0 6.4 6.7 6.1

 Transmission 0.6 0.6 0.7 0.7

 Distribution 2.1 2.0 2.1 2.2

Fuel Consumption (quadrillion Btu) 11/

 Coal 1.23 1.24 1.30 1.28

 Natural Gas 0.65 0.67 0.52 0.51

 Oil 0.00 0.00 0.00 0.00

 Total 1.88 1.91 1.82 1.79

Fuel Prices (2008 dollars per million Btu)

 Coal 1.57 1.66 1.80 1.64

 Natural Gas 5.77 7.66 4.03 4.97

 Distillate Fuel Oil 17.16 20.12 14.79 14.58

 Residual Fuel Oil 10.23 16.15 9.87 19.10

Emissions 12/

 Total Carbon (million tons) 49.46 47.68 45.91 45.23

 Carbon Dioxide (million tons) 181.34 174.84 168.32 165.86

 Sulfur Dioxide (million tons) 0.15 0.14 0.09 0.11

 Nitrogen Oxide (million tons) 0.24 0.22 0.22 0.21

 Mercury (tons) 2.06 2.02 2.20 2.09

 1/ Net summer capacity is the steady hourly output that generating equipment is expected to supply to system load (exclusive of auxiliary power), as demo

peak demand. Includes electric utilities, small power producers, and exempt wholesale generators.
 2/ Includes oil-, gas-, and dual-fired capacity.

 3/ Other includes methane, propane gas, and blast furnace gas for utilities; and hydrogen, sulfur, batteries, chemicals, fish oil, and spent sulfite liquor.

 4/ Includes conventional hydroelectric, geothermal, wood, wood waste, municipal waste, other biomass, solar thermal, photovoltaics, and wind power.

 5/ Primarily peak-load capacity fueled by natural gas.

 6/ Cumulative additions after December 31, 2008.

 7/ Generation to meet system load by source.

 8/ Includes combined heat and power plants and electricity-only plants in the commercial and industrial sectors; and small on-site generating systems in th

industrial sectors used primarily for own-use generation, but which may also sell some power to the grid.

 9/ Other includes methane, propane gas, and blast furnace gas for utilities; and hydrogen, sulfur, batteries, chemicals, fish oil, spent sulfite liquor, and non-

 10/ Includes conventional hydroelectric, geothermal, wood, wood waste, biogenic municipal waste, other biomass, solar thermal, photovoltaics, and wind po

 11/ Includes fuel consumption by electric utilities, small power producers, independent power producers, and exempt wholesale generators.

 12/ Estimated emissions from utilities and nonutilities (excluding combined heat and power).

 EMM = Electricity market module.

 - - = Not applicable.

 Note: Totals may not equal sum of components due to independent rounding.

 Sources: 2007 and 2008 (except for prices and nonutility data): Energy Information Administration (EIA), Annual Energy Review 2008, DOE/EIA-0384(200

Other 2007 and 2008 and projections: EIA, AEO2010 National Energy Modeling System run hm2010.d020310a.
2011 2012 2013 2014 2015 2016 2017 2018 2019

High macroeconomic growth

Mexico-Southern Nevada Power Area

2011 2012 2013 2014 2015 2016 2017 2018 2019

18.01 18.01 18.01 18.01 18.01 18.01 18.01 18.01 18.01

3.11 3.11 3.09 3.09 3.09 3.09 3.09 3.09 3.09

18.46 19.31 19.31 19.31 19.31 19.31 19.31 19.31 19.31

6.62 6.62 6.62 6.62 6.62 6.62 6.62 6.86 8.03

2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7.64 7.64 7.86 8.15 8.34 8.34 8.35 8.35 8.44

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

57.48 58.34 58.53 58.82 59.01 59.02 59.02 59.27 60.52

1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.53 1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38

0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.01 0.01 0.02 0.02 0.03 0.03 0.03 0.04 0.04

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2.56 3.43 3.43 3.43 3.44 3.44 3.45 3.45 3.45

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.24 1.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.65 0.84 0.84 0.84 0.84 0.92

0.00 0.00 0.00 0.00 0.00 0.00

0.65 0.84 0.84 0.84 1.08 2.33
4.09 4.28 4.28 4.28 4.53 5.78

0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03

0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.23 0.25 0.27 0.29 0.31 0.33 0.35 0.37 0.39

0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04

0.24 0.35 0.49 0.60 0.75 0.93 0.93 0.93 0.94

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01

0.60 0.73 0.89 1.03 1.20 1.39 1.41 1.43 1.46

71.66 72.29 71.46 72.02 72.82 73.91 75.05 76.42 77.86

71.27 72.94 74.29 76.15 78.32 80.62 82.87 85.06 87.16

39.50 41.08 42.13 42.62 42.95 43.33 43.71 44.14 44.57

0.06 0.07 0.07 0.08 0.09 0.10 0.11 0.13 0.16

182.49 186.39 187.95 190.86 194.18 197.96 201.74 205.76 209.76

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

18.06 28.60 36.31 42.36 42.49 41.70 39.17 38.55 35.65

45.62 44.54 44.56 44.54 44.95 44.97 43.73 42.49 41.24

0.25 0.28 0.31 0.33 0.36 0.39 0.41 0.45 0.48

226.13 218.09 211.41 207.81 210.98 215.74 220.98 224.55 230.37

198.82 202.42 203.47 205.97 208.88 212.86 216.83 221.06 225.25

123.08 126.92 131.25 133.81 133.81 133.94 134.07 134.19 134.32

0.27 0.28 0.29 0.29 0.45 0.45 0.45 0.45 0.45

63.69 51.57 38.73 31.51 33.77 38.38 43.48 46.91 52.09

22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57

-0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.13 -0.12 -0.12

20.71 20.93 22.76 23.82 24.58 24.59 24.60 24.61 25.12

230.19 222.14 215.47 211.87 215.04 219.79 225.03 228.60 234.42

226.13 218.09 211.41 207.81 210.98 215.74 220.98 224.55 230.37

4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.99 1.13 1.28 1.43 1.58 1.72 1.86 2.00 2.15

0.22 0.22 0.22 0.22 0.22 0.22 0.22 0.21 0.21

0.44 0.64 0.89 1.12 1.41 1.73 1.74 1.75 1.76

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2.07 2.40 2.81 3.19 3.62 4.09 4.23 4.38 4.54

0.25 0.28 0.31 0.33 0.36 0.39 0.41 0.45 0.48

1.82 2.12 2.50 2.86 3.26 3.70 3.81 3.94 4.07

232.25 224.54 218.27 215.06 218.66 223.88 229.26 232.99 238.97

10.8 10.9 10.9 10.9 11.0 11.1 11.2 11.3 11.5

9.1 9.2 9.1 8.9 9.0 9.0 9.0 9.1 9.2

6.9 7.0 6.9 6.8 6.8 6.8 6.9 6.9 7.0

7.7 7.7 7.4 6.9 7.0 7.7 8.4 9.1 9.9

9.3 9.4 9.3 9.2 9.2 9.3 9.4 9.5 9.6

6.3 6.3 6.2 5.9 6.0 6.0 6.0 6.1 6.2

0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9

2.2 2.3 2.3 2.4 2.4 2.4 2.4 2.4 2.4

0.17% 0.73% 0.81% 1.11% 1.65%

1.32 1.35 1.38 1.41 1.41 1.41 1.41 1.41 1.42

0.53 0.43 0.34 0.28 0.30 0.33 0.37 0.40 0.44

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.86 1.79 1.72 1.70 1.71 1.75 1.79 1.82 1.86

1.62 1.64 1.65 1.65 1.65 1.67 1.68 1.69 1.67

6.15 6.29 5.86 5.79 6.06 6.29 6.45 6.65 6.82

15.00 16.38 17.50 18.23 18.87 19.73 20.30 20.96 21.36

19.30 20.37 21.20 21.92 22.34 22.93 23.32 23.84 24.08

46.77 46.04 45.38 45.31 45.55 46.12 46.78 47.25 47.91

171.48 168.80 166.40 166.13 167.01 169.12 171.51 173.25 175.69

0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11

0.21 0.22 0.22 0.22 0.22 0.22 0.23 0.23 0.23

2.11 2.14 2.25 2.22 0.71 0.72 0.66 0.71 0.73

xclusive of auxiliary power), as demonstrated by tests during summer
 fish oil, and spent sulfite liquor.

 photovoltaics, and wind power.

mall on-site generating systems in the residential, commercial, and

 fish oil, spent sulfite liquor, and non-biogenic municipal waste.

ar thermal, photovoltaics, and wind power.

wholesale generators.

rgy Review 2008, DOE/EIA-0384(2008) (Washington, DC, June 2009).
2020 2021 2022 2023 2024 2025 2026 2027 2028

2020 2021 2022 2023 2024 2025 2026 2027 2028

18.01 18.01 18.01 18.01 18.01 18.01 19.21 20.47 21.73

3.09 3.09 3.09 3.09 3.09 3.09 3.09 3.09 3.09

19.31 20.23 20.93 21.74 21.74 22.02 22.02 22.02 22.02

9.22 9.37 9.94 10.34 11.60 12.47 12.47 12.47 12.47

2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86 2.86

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.78

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

8.44 8.56 8.56 8.68 8.69 8.75 8.80 8.84 8.91

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

61.71 62.90 64.18 65.50 66.77 67.98 69.23 70.54 71.86

1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62 1.62

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38 1.38

0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41 0.41

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.04 0.05 0.05 0.05 0.06 0.06 0.06 0.07 0.07

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.46 3.46 3.46 3.47 3.47 3.47 3.48 3.48 3.48

0.00 0.00 0.00 0.00 0.00 0.00 1.20 2.46 3.72

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.92 1.62 2.42 2.42 2.71 2.71 2.71 2.71

2.60 2.75 3.32 3.72 4.98 5.85 5.85 5.85 5.85

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.92 1.03 1.03 1.15 1.15 1.22 1.26 1.30 1.36

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.52 4.70 5.98 7.30 8.56 9.77 11.02 12.32 13.64
6.98 8.16 9.44 10.76 12.03 13.25 14.49 15.80 17.12

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.41 0.43 0.46 0.48 0.50 0.52 0.55 0.57 0.60

0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04

0.94 0.95 0.95 0.96 0.97 0.98 0.99 1.00 1.01

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01

1.48 1.51 1.54 1.57 1.60 1.63 1.66 1.70 1.74

79.16 80.38 81.92 83.47 85.14 86.41 87.94 89.52 91.27

89.14 91.19 93.37 95.58 97.73 99.88 102.03 104.23 106.46

44.89 45.04 45.14 45.53 45.99 46.51 47.02 47.52 47.94

0.19 0.23 0.26 0.30 0.33 0.37 0.39 0.42 0.45

213.39 216.84 220.69 224.88 229.20 233.17 237.39 241.69 246.12

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

38.09 36.20 20.69 25.00 21.83 20.02 16.59 14.66 12.30

40.00 38.78 37.54 36.29 35.06 33.81 32.57 32.57 32.57

0.51 0.54 0.57 0.60 0.62 0.65 0.67 0.70 0.73

230.45 234.70 252.97 251.77 258.21 262.90 269.57 276.08 283.16

229.06 232.65 236.69 241.07 245.60 249.76 254.27 258.88 263.62

133.79 133.88 133.22 133.29 132.57 132.55 141.49 150.87 160.22

0.45 0.45 0.45 0.45 0.45 0.45 0.49 0.54 0.59

52.04 55.57 73.83 71.86 78.28 82.50 79.92 76.74 74.15

22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57 22.57

-0.12 -0.12 -0.12 -0.13 -0.12 -0.12 -0.12 -0.12 -0.12

25.79 26.41 27.08 27.79 28.52 29.01 29.27 29.54 29.82

234.51 238.75 257.02 255.83 262.26 266.95 273.62 280.13 287.21

230.45 234.70 252.97 251.77 258.21 262.90 269.57 276.08 283.16

4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06 4.06

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.42

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2.31 2.48 2.65 2.82 2.99 3.16 3.34 3.52 3.72

0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.21

1.78 1.80 1.81 1.82 1.83 1.85 1.87 1.90 1.93

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

4.72 4.91 5.09 5.27 5.45 5.64 5.84 6.05 6.28

0.51 0.54 0.57 0.60 0.62 0.65 0.67 0.70 0.73

4.21 4.36 4.52 4.67 4.83 4.99 5.16 5.35 5.55

239.23 243.66 262.11 261.10 267.72 272.59 279.46 286.19 293.49

11.8 11.9 11.9 12.1 12.3 12.6 12.8 13.0 13.2

9.3 9.4 9.3 9.4 9.6 9.7 9.9 10.1 10.2

7.1 7.1 7.1 7.2 7.3 7.4 7.6 7.7 7.8

10.7 11.2 11.5 11.9 12.2 12.6 12.9 13.2 13.5

9.8 9.8 9.8 10.0 10.1 10.3 10.5 10.7 10.9

6.3 6.4 6.3 6.4 6.6 6.7 6.9 7.1 7.2

1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2

2.4 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5

1.98% 0.57% -0.63% 1.45% 2.54% 2.39% 2.56% 2.25% 2.18%

1.41 1.41 1.40 1.40 1.40 1.40 1.48 1.56 1.64

0.43 0.46 0.59 0.57 0.62 0.65 0.63 0.61 0.59

0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01

1.85 1.87 2.00 1.98 2.02 2.05 2.11 2.17 2.23

1.67 1.67 1.67 1.67 1.68 1.68 1.69 1.70 1.72

6.97 6.70 6.50 6.73 7.01 7.39 7.65 7.86 8.11

21.74 21.94 22.22 22.61 22.89 23.27 23.64 23.99 24.30

24.35 24.56 24.79 25.02 25.25 25.50 25.72 26.03 26.30

47.75 48.07 50.05 49.79 50.26 50.76 52.63 54.60 56.63

175.10 176.27 183.50 182.55 184.30 186.11 192.98 200.19 207.64

0.11 0.12 0.12 0.12 0.12 0.12 0.12 0.12 0.12

0.23 0.23 0.23 0.23 0.23 0.23 0.23 0.24 0.24

0.66 0.61 0.63 0.69 0.56 0.64 0.65 0.59 0.67

2029 2030 2031 2032 2033 2034 2035

2008-

2029 2030 2031 2032 2033 2034 2035 2035

22.92 24.13 25.36 26.52 27.88 28.96 29.98 2.3%

3.09 3.09 3.09 3.09 3.09 3.09 3.09 0.0%

22.02 22.02 22.02 22.02 22.02 22.02 22.02 0.8%

12.47 12.47 12.47 12.47 12.47 12.47 12.47 2.6%

2.86 2.86 2.86 2.86 2.86 2.86 2.86 0.0%

0.78 0.78 0.78 0.78 0.78 0.78 0.78 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

9.02 9.12 9.19 9.35 9.38 9.65 10.17 1.1%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

73.16 74.47 75.77 77.09 78.48 79.84 81.36 1.5%

1.62 1.62 1.62 1.62 1.62 1.62 1.62 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

1.38 1.38 1.38 1.38 1.38 1.38 1.38 - -

0.41 0.41 0.41 0.41 0.41 0.41 0.41 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.08 0.08 0.08 0.09 0.09 0.09 0.10 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

3.49 3.49 3.49 3.50 3.50 3.51 3.51 - -

4.91 6.12 7.35 8.51 9.87 10.96 11.97 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

2.71 2.71 2.71 2.71 2.71 2.71 2.71 - -

5.85 5.85 5.85 5.85 5.85 5.85 5.85 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

1.47 1.57 1.63 1.79 1.82 2.08 2.59 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

14.94 16.24 17.54 18.86 20.24 21.60 23.12 - -
18.43 19.73 21.04 22.36 23.74 25.10 26.63 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.03 0.03 0.03 0.03 0.03 0.03 0.03 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.03 0.03 0.03 0.03 0.03 0.03 0.03 - -

0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.3%

0.63 0.66 0.69 0.71 0.74 0.77 0.80 5.2%

0.04 0.04 0.04 0.04 0.04 0.04 0.04 1.2%

1.03 1.07 1.11 1.16 1.20 1.25 1.29 10.7%

0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.0%

1.79 1.86 1.93 2.00 2.07 2.14 2.22 6.5%

92.58 94.07 95.56 97.34 98.76 100.38 101.98 1.3%

108.70 110.94 113.13 115.30 117.50 119.68 121.78 2.0%

48.37 48.79 49.41 50.02 50.79 51.65 52.69 0.8%

0.48 0.52 0.55 0.59 0.63 0.67 0.71 9.5%

250.14 254.32 258.65 263.24 267.68 272.37 277.15 1.5%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

11.50 9.69 8.79 8.77 8.47 7.71 2.83 -7.3%

33.17 34.24 34.12 35.80 39.65 41.09 44.07 -0.5%

0.78 0.81 0.85 0.89 0.92 0.95 0.99 5.9%

288.82 296.15 301.51 308.10 316.98 324.17 337.10 1.3%

267.93 272.40 277.04 281.96 286.72 291.74 296.86 1.3%

169.23 178.25 187.65 196.68 206.71 215.53 223.01 2.4%

0.63 0.67 0.72 0.76 0.81 0.85 0.89 7.3%

70.53 68.59 64.29 61.59 60.18 58.10 60.50 -1.2%

22.57 22.57 22.57 22.57 22.57 22.57 22.57 0.2%

-0.12 -0.12 -0.12 -0.12 -0.12 -0.12 -0.12 0.4%

30.05 30.25 30.46 30.69 30.90 31.30 34.31 2.2%

292.87 300.21 305.57 312.16 321.04 328.23 341.16 1.3%

288.82 296.15 301.51 308.10 316.98 324.17 337.10 1.3%

4.06 4.06 4.06 4.06 4.06 4.06 4.06 0.1%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -
0.42 0.42 0.42 0.42 0.42 0.42 0.42 0.0%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.1%

3.93 4.15 4.36 4.57 4.78 4.99 5.20 7.6%

0.21 0.21 0.21 0.21 0.21 0.21 0.21 1.7%

1.98 2.06 2.15 2.24 2.32 2.41 2.51 10.8%

0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -

6.54 6.83 7.14 7.44 7.74 8.04 8.35 6.7%

0.78 0.81 0.85 0.89 0.92 0.95 0.99 5.9%

5.76 6.02 6.29 6.56 6.82 7.08 7.35 6.9%

299.41 307.04 312.71 319.60 328.78 336.26 349.50 1.3%

13.5 13.7 13.8 13.9 14.0 14.1 14.3 1.1%

10.4 10.5 10.6 10.7 10.7 10.8 10.9 0.7%

7.9 8.0 8.1 8.2 8.2 8.3 8.3 0.7%

13.8 14.1 14.3 14.5 14.6 14.8 15.0 2.4%

11.1 11.2 11.3 11.4 11.5 11.6 11.7 0.9%

7.4 7.5 7.6 7.7 7.7 7.8 7.9 0.8%

1.2 1.2 1.2 1.2 1.3 1.3 1.3 2.6%

2.5 2.5 2.5 2.5 2.5 2.5 2.5 0.7%

2.26% 1.80% 1.52% 0.87% 0.54% 1.17% 1.09%

1.72 1.80 1.88 1.96 2.05 2.13 2.19 2.1%

0.56 0.55 0.51 0.49 0.49 0.47 0.49 -1.1%

0.01 0.01 0.01 0.01 0.01 0.01 0.01 6.9%

2.29 2.35 2.40 2.46 2.54 2.60 2.69 1.3%

1.74 1.76 1.79 1.81 1.85 1.87 1.88 0.5%

8.34 8.52 8.67 8.57 8.56 8.85 9.08 0.6%

24.75 25.16 25.59 25.94 26.67 27.22 27.62 1.2%

26.49 26.89 27.18 27.42 28.04 28.45 28.72 2.2%

58.45 60.46 62.32 64.27 66.63 68.63 70.81 1.5%

214.33 221.69 228.51 235.65 244.32 251.63 259.64 1.5%

0.12 0.13 0.13 0.13 0.13 0.14 0.14 0.0%

0.25 0.25 0.25 0.26 0.26 0.27 0.27 0.7%

0.68 0.68 0.67 0.73 0.66 0.73 0.80 -3.5%