1 escalating COMFIT rates. We found that operating costs (not including fuel costs for 2 biomass) as a percentage of total costs are approximately 10% for the types of projects 3 considered here. If an escalating approach were to be used f...
AI summary The document discusses the proposed COMFIT tariff rates, including a fixed and escalating component for biomass CHP projects. It suggests a levelized tariff structure for simplicity and outlines various considerations related to interconnection, cost assumptions, and steam demand impacts.
1 and other experts; where information is available we have compared our tariffs to the 2 cost of similar existing projects; and we have compared them to FIT prices adopted in 3 other jurisdictions and have considered the market responses...
AI summary The process for developing COMFIT tariffs involved stakeholder input following the Board's Order of October 22, 2010, including technical sessions, written submissions, and iterative revisions. Tariff rates were determined using a discounted cash flow model that incorporated assumptions about project costs and targeted returns on equity.