Spreadsheet: benjamin_rogers__1036__Consolidated 6 Peaker- 051100-NewPrices
Sheet: Summary

ASSUMPTIONS
TECHNICAL ASSUMPTIONS: |  | 1999 PROJECTS |  |  |  | 2000 PROJECTS |  |  |  |  |  | OTHER PROJECTS |  |  |  |  |  | ALL PROJECTS
 |  | Brownsville | Caledonia | New Albany |  | [NAME] | Wheatland | [NAME] |  | Sub Total |  | Moore Power | [NAME] | Pastoria | Calumet | Doyle |  | Total
Commercial Operation Date |  | 1999-06-15 00:00:00 | 1999-06-15 00:00:00 | 1999-07-01 00:00:00 |  | 2000-06-01 00:00:00 | 2000-06-01 00:00:00 | 2000-06-01 00:00:00 |  |  |  | 2001-05-01 00:00:00 | 2002-03-01 00:00:00 | 2003-06-01 00:00:00 | 2001-06-01 00:00:00 | 2000-05-01 00:00:00
Number of Turbines |  | 4 | 6 | 6 |  | 3 | 4 | 8 |  |  |  | 4 | 4 | 3 | 2 | 5
ISO Capacity (MW) |  | 494 | 504 | 396 |  | 536 | 508 | 656 |  |  |  | 320 | 270 | 750 | 120
Summer Capacity (MW) |  | 458 | 446 | 356 |  | 510 | 470 | 608 |  |  |  | 0 | 0 | 0 | 0 | 0
ISO Capacity (MW) |  | 0 | 20 | 15 |  | 0 | 0 | 0 |  |  |  | 11960 | 7728 | 6874 | 12500 | 12100
Heat Rate During Summer (HHV, Btu/kWh) |  | 11406 | 12064 | 12500 |  | 10592 | 11734 | 11973 |  |  |  | 0 | 0 | 0 | 0 | 0
Numbers of Starts |  | 75 | 75 | 75 |  | 75 | 75 | 75 |  |  |  | 700 | 0 | 0 | 0 | 0
Annual Operating Hours |  | 1365 | 1685 | 1086 |  | 915 | 902 | 3250
PPA & MARKET PRICE ASSUMPTIONS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fixed Price Extension
 |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  | No
PPA Period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 5-year extension
Demand Charge ($/kW-m) |  | 4 |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0 |  |  |  |  |  | 10-year extension
End of Fixed Price Extension |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 15-year extension
Fixed Price Extension |  | 4.75 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1
Energy Charge ($/MWh) |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0
Block Charge ($/Start/Turbine)
Annual Generation (MWh) |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | 0 | 0
Market Period
Capacity Factor for Market Period Energy Margins |  | 0.02
Market Period Energy Margin ($/MWh) |  | 1
Annual Generation (MWh)
TAX ASSUMPTIONS:
Federal Income Tax Rate |  | 0.35 | 0.35 | 0.35 |  | 0.35 | 0.35 | 0.35
State Income Tax Rate |  | 0.06 | 0.05 | 0.05 |  | 0.06 | 0.045 | 0.0718
Adjusted Gross Income Tax |  | N/A | N/A | N/A |  | N/A | 0.034 | N/A
Gross Receipts Tax Rate |  | N/A | N/A | N/A |  | N/A | 0.012 | N/A
Franchise Tax Rate (Year 1) |  | 0.0025 | 0.0025 | 0.0025 |  | 0.0025 | N/A | 0.0015
Franchise Tax Rate (Year 2-20) |  | 0.0025 | 0.0025 | 0.0025 |  | 0.0025 | N/A | 0.001
OPERATING COSTS ASSUMPTIONS:
Variable O&M ($/MWh-year) |  | 1.5 | 1 | 1 |  | 1.5 | 3 | 2
Marketing Fee ($/kW -m during Market Price Period) |  | 0.07
Annual Escalator |  | 0.03
Annual Cost (000$ in Year 2000)
Fixed O&M |  | 1563.63147 | 1721.30196 | 1878.06659 |  | 1242.481714285714 | 1515.790285714286 | 1448.540571428571
Variable O&M
Major Maintenance & Ongoing Capex ($/Start/Turbine) |  | 1500 | 1000 | 1000 |  | 1500 | 1500 | 1000
O&M Management Fee |  | 207.019 | 207.019 | 207.019 |  | 342.8571428571429 | 342.8571428571429 | 342.8571428571429
Owner's Expense |  | 431.7851666666667 | 410.9306666666667 | 362.6721666666667 |  | 322.2511428571429 | 306.2677142857142 | 400.6471428571429
Property Taxes Liability (average for 20 years)
Admin Fees |  | 0 | 0 | 0 |  | 0 | 0 | 0