REDACTED 1 Response IR-17: (cont'd) 2 3 (b) The Electric Revenue requirement is calculated based on a Return on Equity of 9.35 4 percent, and a capital structure of 37.5 percent equity. The Electric Revenue requirement 5 for 2010 is negati...
AI summary The response outlines the calculation of the Electric Revenue requirement based on a Return on Equity of 9.35% and a capital structure of 37.5% equity. It also explains that the 2010 Electric Revenue requirement is negative due to the construction period and credits in expenses. The levelized cost per MWH is calculated using net present value methodologies.