Topic:"Rate Base" in M03632

the construction period is stated in months. 33 We assume a one-year loan is needed for large wind, tidal and biomass CHP 34 projects; an 8-month loan is needed for small wind projects and a 1.5-year 1 loan is needed for run-of-river hydro...

AI summary The text outlines assumed loan durations (1 year for large wind, tidal, biomass CHP; 8 months for small wind; 1.5 years for run-of-river hydro) and a 10% interest rate for construction loans, relevant to debt considerations for COMFIT projects.

4 E. CAPITAL STRUCTURE AND THE COST OF EQUITY 5

AI summary The section on capital structure and the cost of equity is incomplete, with no substantive content provided in the text. The heading indicates the topic but lacks analysis or data.

dards for Palo Verde nuclear units 1, 2, and 3. 53. Illinois Commerce Commission 86-0325; Iowa-Illinois Gas and Electric Co. Rate Investigation; Illinois Office of Public Counsel; August 13 1986. Determination of excess capacity based on r...

AI summary The text presents a list of regulatory proceedings and hearings from various jurisdictions, focusing on topics such as excess capacity determination, prudence reviews of generation planning, transfer of utility assets, and rate-setting processes. It includes cases related to nuclear power, rate investigations, and insurance rate adjustments.

DEBT-EQUITY RATIO

AI summary The section introduces the topic of the debt-equity ratio, which is a financial metric used to assess a company's leverage and financial health. It is relevant in regulatory proceedings as it impacts cost-of-capital considerations and rate-setting decisions.

Finance & Energy "Flying Through Turbulence", Public Utilities Fortnightly , April 2008, pp 26-27, 66. "Going to the Bank", Public Utilities Fortnightly , deal log for M. Burr, June 2005. "Ratepayers Back At Risk", Public Utilities Fortnig...

AI summary The text is a collection of articles and deal logs from various publications focusing on finance and energy topics, including merchant power deals, project financings, and utility asset sales over multiple years. It highlights trends and market dynamics in the energy sector, particularly in the context of generation sales and project valuations.

Mr. Hayes: - Q: What you're telling us is that this technology cannot be built for what regulators and governments in other jurisdictions have decided is a fair price, keeping ratepayers in mind? - A: In those provinces, it's been our expe...

AI summary Mr. Hayes discusses the challenges of building certain energy projects at a price deemed fair by other jurisdictions, noting that governments are now incentivizing projects beyond ratepayer affordability. He suggests that the impact of these projects on the overall rate base must be considered.

Table 1. The Impacts of the Changes Analyzed in U-2, U-6 and U-6(a) Change Analyzed Fixed Component ($/MWh) Variable Component ($/MWh) Full 2012 Rate ($/MWh) Rate Proposed by Synapse 3/2/11 $94 $62 $156 U-2: Offsetting Errors in Fuel Cost...

AI summary This table outlines the impacts of various changes analyzed in U-2, U-6, and U-6(a) on fixed and variable components of costs, as well as full 2012 rates, with specific figures provided for each change and associated assumptions.

Scenarios in $2012 Val for Ste -On ly ue am Gro ss V alu e fo r C HP Net Va lue for CH P Capital Structure (Sources of Funds) Amount ($) , , _ Grants (net value) 1 000 1 10 Debt 4,909,148 1 Equity 3,272,766 Total Sources of Funds 8,181,914...

AI summary The document outlines capital structure scenarios from 2012, including sources of funds such as grants, debt, and equity, along with details on loan terms, depreciation allocation, and tax considerations. The debt constitutes 60% of total sources of funds, with an interest rate of 9.50% and a 15-year loan life.

) In setting a tariff pursuant to this Section, the Board shall make allowance for the matters set out in the regulations. - (4) In setting a tariff pursuant to this Section, the Board shall determine - (a) the class or classes of generati...

AI summary This section outlines the process for setting tariffs by the Board, including considerations for qualifying generation facilities, tariff adjustments, effective dates, and recovery through the rate base. It also specifies eligibility criteria for generators, such as municipalities, not-for-profit corporations, and Indigenous bands.

DICTUM DIGITAL INC. CERTIFIED COURT REPORTERS THE CHAIR: I think we'll mark the 1 NSUARB-BRD-E-R.10 Page 27 Opening Statement as Exhibit B-16. 20 assumptions or choose among various assumptions in 21 deciding how to evaluate the tariff? 22...

AI summary The discussion revolves around the selection of representative projects for tariff evaluation, emphasizing the need to choose feasible and cost-effective options rather than extreme cases. The approach aims to set reasonable tariffs based on typical projects and comparable experiences.

- all you can think of? Page 64 NSUARB-BRD-E-R.10 1 MR. RICKERSON: Well, related to what 2 the siting is just kind of local knowledge. 3 MR. MERRICK: Well, you might 4 MR. RICKERSON: There's a lot 5 MR. MERRICK: have a costing fact. 6 It m...

AI summary The discussion centers on the evaluation of an organization's ownership structure and its potential advantages, such as local job creation and economic benefits, in the context of a regulatory proceeding. The participants also reference the identification of negative features of ownership and their potential cost implications.

- DICTUM DIGITAL INC. CERTIFIED COURT REPORTERS some cases you have to a million dollars on a system NSUARB-BRD-E-R.10 Page 615 impact study, you can identify these kinds of constraints 7 MR. BODINGTON: Go ahead, and then 8 I'll say some m...

AI summary The discussion highlights the challenges faced by developers in securing financing for biomass CHP projects, emphasizing the need for pre-financing evaluations and permits. It also contrasts the risk profiles of regulated utilities and biomass CHP projects, noting higher equity rates required for the latter.

- DICTUM DIGITAL INC. CERTIFIED COURT REPORTERS don't know because it's got to be cost based. I mean, 1 NSUARB-BRD-E-R.10 Page 665 you've got to protect both the ratepayer and the entity 2 building it because they're local and you want to...

AI summary The discussion revolves around the challenges of balancing ratepayer affordability with the needs of developers in a standalone grid system. It highlights the complexity of assessing the impact of small-scale generation projects on the overall rate base and the need for a cost-based approach to ensure fairness.

- DICTUM DIGITAL INC. CERTIFIED COURT REPORTERS pressure and steam loads and those kind of things. If the 1 NSUARB-BRD-E-R.10 Page 759 Board would like, we have someone in the room who can 18 if it requires a 13 percent or 15 percent or do...

AI summary The testimony discusses the calculation of a required tariff level to achieve a 13% rate of return on investment, based on assumptions provided by Synapse and an analysis from CBCL. The discussion includes the capital costs and the necessary rate per kilowatt hour.

So you're not going to have the system running amuck. 1 Page 892 NSUARB-BRD-E-R.10 either using the kind of approach I laid out or the one 16 requested by a single party that they would say, well 17 wait, we have to save some because this...

AI summary The discussion addresses concerns about the potential clustering of small wind projects around the 50 kW threshold and its impact on ratepayers. It suggests that while there may be a slight increase in retail rates, the overall burden on customers is not considered significant, and the clustering effect is unlikely to have major implications for costs.

- percent. NSUARB-BRD-E-R.10 Page 1029 1 And of course, NSPI's revenue base 2 will be changing over time as well, so these numbers are 3 based on a snapshot as if the entire COMFIT came in 4 immediately. This increase would be spread out o...

AI summary The discussion revolves around NSPI's revenue base and the impact of the COMFIT program, with references to past project failures related to transmission studies. A cross-examination is taking place regarding failed RFP projects and transmission study constraints.