Spreadsheet: benjamin_rogers__1181__ICF Kaiser Prices for Erin
Sheet: Power Price Assumption

POWER PRICE ASSUMPTIONS
 | Kaiser Capacity Price Escalator | 0.03
TVA Capacity Curves:
(for Caledonia, New Albany, Brownsville and Calvert City) |  |  |  | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020
1998 $
 | Kaiser Base ($/kw-year) |  |  |  | 64 | 62 | 61 | 59 | 58 | 57 | 56 | 56 | 55 | 55 | 54 | 54 | 53 | 52 | 51 | 50 | 49 | 48 | 47 | 46 | 45
 | Kaiser Low ($/kw-year) |  |  |  | 51 | 52 | 52 | 52 | 52 | 52 | 50 | 48 | 45 | 43 | 41 | 40 | 39 | 37 | 36 | 35 | 35 | 35 | 34 | 34 | 34
Nominal $
 | Kaiser Base ($/kw-year ) |  |  |  | 67.8976 | 67.74907400000001 | 68.65603741 | 68.39717038369999 | 69.255033198682 | 70.10281032921759 | 70.93912455770649 | 73.06729829443769 | 73.91540086392669 | 76.1328628898445 | 76.99108788969365 | 79.30082052638446 | 80.16725541732089 | 81.01430566323975 | 81.84002839403814 | 82.64238161358753 | 83.41922000075526 | 84.16829054770082 | 84.88722802946242 | 85.57355029863679 | 86.22465339873511
 | Kaiser Low ($/kw-year) |  |  |  | 54.1059 | 56.821804 | 58.52645811999999 | 60.2822518636 | 62.090719419508 | 63.95344100209324 | 63.3385040693808 | 62.62911282380374 | 60.47623707048548 | 59.52205644115116 | 58.45619636069333 | 58.74134853806255 | 58.99099926934933 | 57.64479441422829 | 57.76943180755634 | 57.84966712951127 | 59.58515714339661 | 61.37271185769851 | 61.40778197876005 | 63.25001543812284 | 65.14751590126653
1 | Kaiser Base ($/kW-month) |  |  |  | 5.658133333333333 | 5.645756166666668 | 5.721336450833333 | 5.699764198641666 | 5.771252766556834 | 5.841900860768132 | 5.911593713142207 | 6.088941524536474 | 6.159616738660557 | 6.344405240820375 | 6.415923990807804 | 6.608401710532038 | 6.680604618110074 | 6.751192138603312 | 6.820002366169845 | 6.886865134465627 | 6.951601666729605 | 7.014024212308402 | 7.073935669121869 | 7.131129191553065 | 7.185387783227926
2 | Kaiser Low ($/kW-month) |  |  |  | 4.508825 | 4.735150333333333 | 4.877204843333333 | 5.023520988633333 | 5.174226618292333 | 5.329453416841104 | 5.278208672448399 | 5.219092735316978 | 5.039686422540457 | 4.96017137009593 | 4.871349696724444 | 4.89511237817188 | 4.915916605779111 | 4.803732867852357 | 4.814119317296361 | 4.82080559412594 | 4.965429761949718 | 5.114392654808209 | 5.117315164896671 | 5.27083461984357 | 5.428959658438878
3 | Custom |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Contracted through 2006 or 2010 | n | 4.5
 | PPA Fixed Price ($/kW-month) | Esc. | 0.02 | 4 | 4 | 4 | 4 | 4 | 0 | 0 | 0 | 0
 | Kaiser Scenario after 2003 | 1 |  | 4 | 4 | 4 | 4 | 5.699764198641666 | 5.771252766556834 | 5.841900860768132 | 5.911593713142207 | 6.088941524536474 | 6.159616738660557 | 6.344405240820375 | 6.415923990807804 | 6.608401710532038 | 6.680604618110074 | 6.751192138603312 | 6.820002366169845 | 6.886865134465627 | 6.951601666729605 | 7.014024212308402 | 7.073935669121869 | 7.131129191553065 | 7.185387783227926
ComEd Capacity Curves:
(for Wilton Center)
1998 $
 | Kaiser Base ($/kw-year) |  |  |  | 66 | 65 | 65 | 65 | 64 | 64 | 62 | 61 | 60 | 59 | 58 | 57 | 56 | 55 | 54 | 53 | 52 | 51 | 50 | 48 | 47
 | Kaiser Low ($/kw-year) |  |  |  | 54 | 54 | 54 | 53 | 53 | 52 | 51 | 50 | 49 | 48 | 47 | 46 | 45 | 43 | 42 | 41 | 40 | 39 | 38 | 37 | 36
Debt Service Reserve [NAME] (Nominal $)
 | Kaiser Base ($/kw-year ) |  |  |  | 70.01939999999999 | 71.027255 | 73.15807265 | 75.35281482949999 | 76.419346977856 | 78.71192738719168 | 78.53974504603218 | 79.59116421358391 | 80.6349827606473 | 81.66979837274228 | 82.69413143707835 | 83.70642166673915 | 84.70502459188621 | 85.68820791304205 | 86.6541477113345 | 87.60092451040279 | 88.52651918447496 | 89.42880870693212 | 90.30556173347067 | 89.29413944205578 | 90.05686021645668
 | Kaiser Low ($/kw-year) |  |  |  | 57.2886 | 59.007258 | 60.77747573999999 | 61.44152593789999 | 63.28477171603699 | 63.95344100209324 | 64.60527415076841 | 65.23865919146222 | 65.85190258786197 | 66.44322579477338 | 67.01076168177039 | 67.55255081877193 | 68.06653761848 | 66.99259891383286 | 67.39767044214906 | 67.76675292314178 | 68.09732244959613 | 68.3867360700069 | 68.6322269174377 | 68.83089915325132 | 68.9797227189881
1 | Kaiser Base ($/kW-month) |  |  |  | 5.834949999999999 | 5.918937916666667 | 6.096506054166666 | 6.279401235791666 | 6.368278914821333 | 6.559327282265973 | 6.544978753836015 | 6.632597017798659 | 6.719581896720609 | 6.805816531061857 | 6.89117761975653 | 6.975535138894929 | 7.058752049323851 | 7.140683992753504 | 7.221178975944542 | 7.300077042533566 | 7.37720993203958 | 7.452400725577676 | 7.525463477789223 | 7.441178286837982 | 7.50473835137139
2 | Kaiser Low ($/kW-month) |  |  |  | 4.77405 | 4.9172715 | 5.064789644999999 | 5.120127161491665 | 5.273730976336416 | 5.329453416841104 | 5.383772845897368 | 5.436554932621852 | 5.487658548988498 | 5.536935482897782 | 5.584230140147532 | 5.629379234897661 | 5.672211468206666 | 5.582716576152738 | 5.616472536845755 | 5.647229410261815 | 5.674776870799678 | 5.698894672500575 | 5.719352243119808 | 5.735908262770944 | 5.748310226582341
3 | Custom |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | PPA Fixed Price ($/kW-month) |  |  | 4 | 4 | 4 | 4 | 4
 | Kaiser Scenario after 2003 | 1 |  | 4 | 4 | 4 | 4 | 6.279401235791666 | 6.368278914821333 | 6.559327282265973 | 6.544978753836015 | 6.632597017798659 | 6.719581896720609 | 6.805816531061857 | 6.89117761975653 | 6.975535138894929 | 7.058752049323851 | 7.140683992753504 | 7.221178975944542 | 7.300077042533566 | 7.37720993203958 | 7.452400725577676 | 7.525463477789223 | 7.441178286837982 | 7.50473835137139
Southern ECAR Capacity Curves:
(for Wheatland)
1998 $
 | Kaiser Base ($/kw-year) |  |  |  | 66 | 66 | 65 | 65 | 65 | 65 | 64 | 63 | 62 | 61 | 60 | 59 | 58 | 56 | 55 | 54 | 53 | 52 | 51 | 49 | 48
 | Kaiser Low ($/kw-year) |  |  |  | 54 | 54 | 54 | 54 | 54 | 53 | 53 | 52 | 51 | 50 | 49 | 48 | 46 | 44 | 43 | 41 | 40 | 39 | 39 | 38 | 37
Nominal $
 | Kaiser Base ($/kw-year ) |  |  |  | 70.01939999999999 | 72.119982 | 73.15807265 | 75.35281482949999 | 77.61339927438499 | 79.94180125261654 | 81.07328520880742 | 82.2007105812424 | 83.32281551933555 | 84.43826611419118 | 85.54565321077072 | 86.64348909364227 | 87.73020404159644 | 87.24617532964281 | 88.2588541504333 | 89.25377214267453 | 90.22895224571486 | 91.18231476000922 | 92.11167296814007 | 91.15443401376527 | 91.97296362531746
 | Kaiser Low ($/kw-year) |  |  |  | 57.2886 | 59.007258 | 60.77747573999999 | 62.60080001219999 | 64.478824012566 | 65.1833148675181 | 67.13881431354365 | 67.84820555912071 | 68.53973534655022 | 69.21169353622227 | 69.86228345546276 | 70.48961824567508 | 69.5791273433351 | 68.55056633043364 | 69.00237688124784 | 67.76675292314178 | 68.09732244959613 | 68.3867360700069 | 70.43833815210712 | 70.69119372496083 | 70.89582612784888
1 | Kaiser Base ($/kW-month) |  |  |  | 5.834949999999999 | 6.009998499999999 | 6.096506054166666 | 6.279401235791666 | 6.467783272865415 | 6.661816771051378 | 6.756107100733952 | 6.850059215103534 | 6.943567959944629 | 7.036522176182598 | 7.128804434230894 | 7.220290757803522 | 7.310850336799703 | 7.270514610803567 | 7.354904512536108 | 7.437814345222878 | 7.519079353809572 | 7.598526230000768 | 7.675972747345006 | 7.596202834480439 | 7.664413635443122
2 | Kaiser Low ($/kW-month) |  |  |  | 4.77405 | 4.9172715 | 5.064789644999999 | 5.216733334349999 | 5.373235334380499 | 5.431942905626509 | 5.594901192795304 | 5.654017129926726 | 5.711644612212518 | 5.767641128018522 | 5.821856954621897 | 5.874134853806257 | 5.798260611944592 | 5.712547194202803 | 5.75019807343732 | 5.647229410261815 | 5.674776870799678 | 5.698894672500575 | 5.869861512675594 | 5.890932810413402 | 5.907985510654073
3 | Custom |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | PPA Fixed Price ($/kW-month) |  |  | 4 | 4 | 4 | 4 | 4
 | Kaiser Scenario after 2003 | 1 |  | 4 | 4 | 4 | 4 | 6.279401235791666 | 6.467783272865415 | 6.661816771051378 | 6.756107100733952 | 6.850059215103534 | 6.943567959944629 | 7.036522176182598 | 7.128804434230894 | 7.220290757803522 | 7.310850336799703 | 7.270514610803567 | 7.354904512536108 | 7.437814345222878 | 7.519079353809572 | 7.598526230000768 | 7.675972747345006 | 7.596202834480439 | 7.664413635443122