Calculation of the cost to the PUD ratepayers
| Calculation | Source: | |||
| A | Days Running | 357 | Paneltech feasibility study p.82 | |
| B | Energy Cost ($) | 7,241,000 | Paneltech feasibility study p.75 | |
| C | Total power usage (MW) | 23 | PUD minutes | |
| D | power self generated (MWh) | 123,165 | A x 24hrs x 15MW | |
| E | power purchased (MWh) | 73,899 | A x 24hrs x C - D | |
| F | Cost of power purchased @ $46.4 / MWh | 3,428,914 | E x $46.4 | Avg. Ind. Cost PUD 2006 AR p.17 |
| G | Self generated energy Cost ($) @ 2006 costs | 3,812,086 | B - F | |
| Z | Adj. for 2008 prices for fuel | 3,049,669 | G x 80% | Fuel costs have increased by more than 85% |
| H | Fuel Cost $/MWh | 56 | (G+Z) / D | |
| J | Amount Invested by PUD | 27,000,000 | PUD minutes | |
| K | Asset lifetime (years) | 20 | Useful life of plant PUD 2006 AR p.35 | |
| L | Capital Cost $/MWh | 36 | J / K / D | |
| M | 4 shifts x 6 staff @ $50,000/year | 1,200,000 | 4 x 6 x 50k | |
| N | Maintenance @ 7.5% of Capital cost | 2,025,000 | 7.5% x J | |
| P | O & M Cost $/MWh | 26 | (M + N) / D | |
| Q | Levelized Cost $/MWh | 118 | H + L + P | |
| R | Power Sales | 172,431,000 | $70 x K x D | |
| S | Green Tags 2009 - 2019 | 9,483,705 | $7 x 11yrs x D | Green tags sold at market price |
| T | Green Tag offset 2020 - 2028 | 55,424,250 | $50 x 9yrs x D | Avoidance of paying fine |
| U | Total Revenues | 237,338,955 | R + S + T | |
| V | Costs 2009 - 2015 | 188,769,042 | 7yrs x D x Q | |
| W | Costs 2016 - 2028 | 131,127,822 | 13yrs x D x (Q - L) | |
| X | Total Costs | 319,896,864 | V + W | |
| Y | Total Profit / Loss | -82,557,909 | U - X | |