Topic:"Depreciation Amortization" in M13133

the transaction. The bond - is a 30-year mortgage style bond, so very similar to how a - mortgage would work. You pay more interest in the early - years and a lower amount of principal and as your - principal decreases, so does your intere...

AI summary The text discusses a 30-year mortgage-style bond and its impact on the net present value of revenue requirements under different interest rates. It also outlines assumptions about the recovery of deferred depreciation and financing costs if securitization does not proceed, including an annual depreciation expense of $26.8 million.

ved rate. And so that would - be $26.8 million annually. It would be a depreciation - expense that would be included in rates. As well, there - would be financing costs associated with the net book - value or rate base associated with thos...

AI summary The text discusses the financial aspects of asset depreciation, financing costs, and under-recovery of fuel and purchase power, including recovery timelines from 2027 to 2039. It outlines how these costs would be included in rates and recovered through various mechanisms, such as AA/BA applications and IESO riders.

1 NET PRESENT VALUE - 2 Request IR-26: - 3 Reference: N-1, Application, Section 5.0, page 25, Figure 5. - 4 Preamble: Figure 5 shows Eligible Costs of $1,040,567,763 under "Traditional - 5 Recovery" and $1,000,000,000 under "Securitization...

AI summary The text requests clarification on the Net Present Value (NPV) of customer benefits in a rate proceeding, specifically regarding the inclusion of financing costs for a FAM prepayment, recovery periods for different cost components, and the breakdown of NPV attributable to each component.

Request IR-3: - References: Application page 12 - Thermal Assets in the DDA are listed in the application, amounting to $713 Million of Net Book - Value as of December 31, 2025, that has been segregated in the DDA. For each of the assets,...

AI summary Request IR-3 asks for details on the thermal assets in the DDA, including their expected remaining useful life, depreciation methods, weighted average remaining life, and the Net Present Value of retiring these assets over their useful life at the 2026 WACC.