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PJM RPM DEFAULT AVOIDABLE COST RATE PROXY - SIMPLIFIED CATEGORY - COMBINED CYCLE SUB CATEGORY - TWO ON ONE FRAME F TECHNOLOGY
11/16/08 11:22 AM Section 1 - Power Plant Technology Combustion Turbine - Diesel Combined Cycle Oil or Gas Steam Sub-Critical Coal Super-Critical Coal Waste Coal Hydro Pumped Storage Section 2A - General Unit Data Date LDA ORG_ID Unit ID Plant Commercial Operation Year Capacity Planning Year (Start June 1 to Finish May 31) Age of Plant Net Plant Heat Rate (BTU/kWh) (HHV) Current Plant Value ($Million) Plant Value ($/kW) ICAP (MW) EFORd UCAP (MW) ACR ICAP Based ACR UCAP Based 2 1 2 3 4 5 6 7 8 November 16, 2008 NA Participant PJM Input 2003 2007 4 7,050 $300.00 $582.52 515.0 0.00 515.0 $23.40 $23.40
Instructions to Participant Participant to complete all cells in blue text. Cells in black test are calculated values Section 3A - Simple Cycle CT, Diesel or Combined Cycle Technical Information Primary Fuel Back Up Fuel On Site Natural Gas Compression CT or Diesel OEM CT or Diesel Model CT or Diesel Rating at ISO (MW) Number of CT or Diesel Units STG OEM STG Capacity (MW) Number of STG Per HRSG Duct Burner Capacity (MMBTU/Hr) (HHV) CT/Diesel Nox Control Type CT/Diesel Exhaust Nox Control HRSG HP Pressure/Temperature HRSG Reheat Pressure/Temperature Average Steam Export Flow to Host (Lbs/Hr) Average Electric Export Flow to Host (MW) Condenser Cooling System Turbine Inlet Air Cooling Technology (TIC) Target Inlet Temperature if Mechanical TIC Gas None Yes GE PG7241FA 171.7 2 GE 200.0 1 30.0 Dry Low Nox SCR 2,000/1,000 600/1,000 NA NA Wet Cooling Tower Evaporative NA Section 2B - Non Avoidable Cost Data Delivery Year Start Date (6/1 through 5/31) Unit ID Unit Name Transistion Adder ($/MW-Day) Opportunity Cost ($/MW-Day) Opportunity Cost Justification Energy Market Net Revenue Components Ancillary Services Net Revenue Components Energy Market Cost Components Other Cost Components 2007 PJM Input Pennsylvania 1 $0.00 $0.00 Alphanumeric - 50 $0 $0 $0 $0
Section 13 - Avoidable Cost Rate (ARC) Calculation ($/MW-Day) (ICAP BASED) Avoidable Cost Rate = [ 1.10 x ( AOML + $23.40 1.10 $6.12
Section 12 - Summary (ICAP Basis) Fixed Operating Expenses Operations and Maintenance Labor (AOML) Administrative Expenses (AAE) Maintenance Expenses (AME) Variable Expenses (AVE) Taxes Fees and Insurance (ATFI) Carrying Charges (ACC) Corporate Level Expenses (ACLE) Project Investment Recovery Rate (APIR) Total Section 4 - Operations and Maintenance Labor (AOML) Operations and Maintenance Section 5 - Administrative Expense (AAE) Administrative Salaries Employee Expenses Environmental Fees Safety & Operator Training Office Supplies Communications Annual Plant Tests, Inspections & Analysis Total Section 6 - Maintenance Expense (AME) (Non-CDTF) Maintenance Parts Maintenance Contract Services Chemicals & Materials Consumed Rented Equipment Total In Capacity Market $1,400,880 $539,500 $685,000 $795,000 $2,500,000 $211,750 $75,000 $31,250 $6,238,380 Base $1,400,880 Base $364,500 $20,000 $50,000 $20,000 $10,000 $25,000 $50,000 $539,500 Base $500,000 $150,000 $10,000 $25,000 $685,000 Base ($/MW-Yr) $2,720 $1,048 $1,330 $1,544 $4,854 $411 $146 $61 $12,113 % Avoidable 82.2% % Avoidable 85.2% 82.2% 75.0% 82.2% 85.2% 85.2% 90.0% 84.5% % Avoidable 90.0% 90.0% 90.0% 90.0% 90.0%
AAE + $2.42
Base ($/MWDay) $7.45 $2.87 $3.64 $4.23 $13.30 $1.13 $0.40 $0.17 $33.19 Avoidable $1,151,280 Avoidable $310,500 $16,437 $37,500 $16,437 $8,519 $21,296 $45,000 $455,688 Avoidable $450,000 $135,000 $9,000 $22,500 $616,500
AME + $3.28
AVE + $2.67
ATFI + $6.28
ACC + $0.01
ACLE ) + $0.34
Avoidable ($/MW-Day) $6.12 $2.42 $3.28 $2.67 $6.28 $0.01 $0.34 $0.17 $21.29
APIR ] $0.17
Not in Market $249,600 $83,812 $68,500 $293,500 $1,320,000 $210,175 $11,250 $0 $2,236,837 Base Staffing 16 Base Staffing 4
% Avoidable 82.2% 84.5% 90.0% 63.1% 47.2% 0.7% 85.0% 100.0% 64.1% $/Staff -Year $87,555 $/Staff -Year $91,125
Avoidable $1,151,280 $455,688 $616,500 $501,500 $1,180,000 $1,575 $63,750 $31,250 $4,001,543
Avoidable ($/MW-Yr) $2,235 $885 $1,197 $974 $2,291 $3 $124 $61 $7,770
Section 11A - Project Investment - PI Equipment Cost Installation Cost Interconnection Costs Equipment Spares Mobilization and Startup Land Purchases Development Expenses Legal Fees Air, EIS, Land Use & FERC Permits Interest During Construction Owners Contingency Total Project Investment Age of Plant Remaining Life of Plant Entitled Plant CRF Project Investment Recovery Rate Age of Existing Units (Years) 1 to 5 6 to 10 11 to 15 16 Plus CapEx 40 Plus Remaining Life of Plant (Years) 20 15 10 5 4 1
65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92
Section 7 - Variable Expense (AVE) (Non-CDTF) Water Treatment Chemicals Lubricants Water (Not for Power Generation) Gas (Not for Power Generation) Electric (Not for Power Generation) Waste Water Treatment Total Section 8 - Taxes Fees and Insurance (ATFI) Annual Insurance Premium Permits and Licensing Fees Site Security and Utilities Annual Property Tax Payment Total Section 9 - Carrying Charges (ACC) Spare Parts Inventory Fuel Inventory Other Inventory Total Carrying Cost Rate (%) Carrying Cost Section 10 - Corporate Level Expenses (ACLE) Legal Services Environmental Reporting Procurement Expenses Total Section 11 - Project Investment Recovery Rate (APIR) Project Investment Recovery Rate
Base $200,000 $10,000 $10,000 $25,000 $500,000 $50,000 $795,000 Base $1,800,000 $100,000 $100,000 $500,000 $2,500,000 Base $3,000,000 $0 $25,000 $3,025,000 7.0% $211,750 Base $25,000 $25,000 $25,000 $75,000 Base $31,250
% Avoidable 90.0% 90.0% 50.0% 50.0% 50.0% 90.0% 63.1% % Avoidable 60.0% 75.0% 25.0% 0.0% 47.2% % Avoidable 0.0% 10.0% 90.0% 0.7% 0.7% % Avoidable 90.0% 75.0% 90.0% 85.0% % Avoidable 100.0%
Avoidable $180,000 $9,000 $5,000 $12,500 $250,000 $45,000 $501,500 Avoidable $1,080,000 $75,000 $25,000 $0 $1,180,000 Avoidable $0 $0 $22,500 $22,500 $1,575 Avoidable $22,500 $18,750 $22,500 $63,750 Avoidable $31,250
$150,000 $50,000 $0 $5,000 $10,000 $0 $20,000 $5,000 $5,000 $5,000 $0 $250,000 4 20 0.125 $31,250 Current Levelized CRF 0.125 0.146 0.198 0.363 0.450 1.100
Section 9A - Liquid Fuel Inventory Inventory (Days) Oil Heating Value (BTU/Gallon) Burn Rate (Gallons/Hr) Gallons In Inventory Oil Price ($/Gallon) (Delivered) Section 9B - Coal Inventory Inventory (Days) Coal Heating Value (BTU/Lb) Burn Rate (Tons/Hr) Tons In Inventory Coal Price ($/Ton) (Delivered) Fuel Heating Values (BTU/Gallon) Kero No. 2 Oil No. 6 Oil
0.0 141,000 25,750 0 $1.82 0.0 12,500 145.23 0 $51.00 137,000 141,000 150,000
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