We considered permutations on the above analysis, with the following findings:

Taxable Entity CSI Incentive

Range of effective net cost per kWh at 0.2 and 0.22 CF

Non-Taxable Entity CSI Incentive

Range of effective net cost per kWh at 0.2 and 0.22 CF

1.50

9-8 cents

4.00

9-8 cents

1.00

10-9 cents

3.5

10-9 cents

0.50

11-10 cents

3.00

11-10 cents

   

2.25

13 cents

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