Topic:"Afudc" in M03097

Matter: CI# 28098 - P-128.07 - NSPI WO - Authority to Overspend the Tufts Cove 6 Waste Heat Recovery Project - $8,699,864Approximate value for approval of $8.5 million.

1 passage 1 document

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N-3Redacted NSPI (NSUARB) IR-1 to IR-20 7/16/2010 1 passage

Section 665 p. p. 259

19 20 21 22 18 b) Please refer to Attachment 1 for the calculation of the Allowance for Funds Used During Construction (AFUDC) associated with this project. AFUDC is calculated on the cumulative spend of the project. As spending is delayed...

AI summary The text refers to the calculation of the Allowance for Funds Used During Construction (AFUDC) for a project, which is based on cumulative spending. Delays in spending reduce the cumulative spend and thus lower the AFUDC calculated for the project.

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