(182,321 - 182,340 of 184,638)
Pages
-
-
Title
-
CRS83579ENRpage51
-
Page from
-
info:fedora/mu:87654
-
Text
-
and an 8 percent construction inflation rate (base case assumptions), the 1996 liability for principle alone would be shout $1.2 c billion for Ohio Power, and $880 million for Union Electric.» Accrued isinterest during construction wonld add to this. %The related additionals ; revenue requirement would be abont“3Q6 mills per kwh for Ohio Power andes 4.3 mills per kwh for Unicn Electric in 1996 (nominal
-
-
Title
-
CRS83579ENRpage45
-
Page from
-
info:fedora/mu:87654
-
Text
-
analysis.’ Z/1’ ”< %i TABLE 3ft ccompliance Dates Sensitivityi ic » (S billi0ns)%a l i i A 1995 Balance with i i 1995 Balance with li i Soenarioi i % i 1 1990 Compliance ? -’ l992rCompliancec Base Sceoario p c i%i- l% % l -0.69 c i X i+1.61 c i Base Sceanrio: i 12% utility capital GCSCA T A % c i-3.21 4 i ,l it+ r+O.3l; Base Scenario: cost- i~ 14% utility capitali to % e L i -6.21 L c *1;18ii _Z/ r
-
-
Title
-
CRS83579ENRpage49
-
Page from
-
info:fedora/mu:87654
-
Text
-
%CRS“23 TABLE 4. 1995 Balances for Icdexed Fee -I "‘ ($ billions)o h i 1995 Balance~- t 1995 Balacce*' A Scenario e c4.8 percent inflationa i. 6 percent inflationt b Base Scenario h L f'V‘17t77 i . c e< i ihs16-13 Base Scenario; 12z u::1i:y e capital cost % Y s 16.00 c i To -* 14.76% Base Scenario; A141 utilityi : e s o capital cost e T i 13.97 s %%ha13.22 A Inc:easing_Fee to 1.5
-
-
Title
-
CRS83579ENRpage47
-
Page from
-
info:fedora/mu:87654
-
Text
-
the rise in construction cost or some general indicator of inflation. For texample, if the 1—mill fee is indexed to the 8 percent construction cost esca— 1ator used in the base scenario, the improved 1995 fund balances are quite significant. As shown in table 4, by 1995, the fund has between $14 and $18 billion in extra funds to disperse for stage two reductions; This assumesn actual construction costs
-
-
Title
-
CRS83579ENRpage61
-
Page from
-
info:fedora/mu:87654
-
Text
-
‘CRS-29 APPENDIX B ]‘ The following simulations test the impact of varying the utilities cost of capital, assuming two different inflation rates.i Simulation 1 is the examplet described in the text. Simulations 2, 3, and 4 indicate the impact of Varying the tutilities' cost of capital from 8 percent to 12 percent, holding inflation at ii 6 percent. Simulations 5, 6, and 7 illustrate
-
-
Title
-
CRS83579ENRpage73
-
Page from
-
info:fedora/mu:87654
-
Text
-
-) AFund) 1 Interest) 11995 2.19 9.99 9.99 a,ag2_1B 1986- 2.i4% fi 6? % % 8.83 .9 B.§? F 1.59 199? 9 2.19% ”1S.9? 1 2.99 9.22 ‘8.99 1999 1 2.23 9.49 9.9: % 1.99 9.99 1999 2.27 5.92 13.9s 1.93 9.99 11999 2.52 9.99 13.59 1.95 9.99 1991 2.97 9.99 13.12 1.99 9.99 1992 2.41 9.99 1;.ss 1.34 9.99 1993 2 49 -9.99. 11.94 1.?9 9 9.99 1994 2.91 9 99 19 33 1.59 9.99 1495 2 as 9.99 9.as 1.54 9.99 1999 ;.91 9.99 9.75 1.39
-
-
Title
-
CRS83579ENRpage63
-
Page from
-
info:fedora/mu:87654
-
Text
-
.) Fund) tlnterest) 1995 2.19 9.99 9.99 9-99 2.19 1996 2.14 2.5? 9.99 9.ss 1.57 199? 2.19 » 5.55 .2.:9 9.79 9.99 1999 2.29 5.99 7.94 1.1? 9.99 1999 2.:7 5.49 12.24 1.79 9.99 1999 2.5: 9.99 11.94 1.91 9.99 1991 :.3? 9.99 19.99 1.53 9.99 1992 ;.41 9.99 19.91 1.53 9.99 1993 2.45 9.‘9 9.95 1.49 9.99 1994 1.51 9 99 7.59 1.25 9.99 1995 2.55 9.99 9.21 1.99 9.99 1996 ;.61 9 99 4.47 9.6? 9.69 1997 :.9e 9.99 9
-
-
Title
-
CRS83579ENRpage111
-
Page from
-
info:fedora/mu:87654
-
Text
-
% by Util-)% %_Fund) Int3r95t)9_%‘M 1995 2.19 9.99 9.99 9.99 % 9.19 1996 2.14L A 9.99 9.99 9.99 4.s9 1997 2.19 W 9 99 9.99 9.99 r.;; 1999 :.2: :.99 9.99 9.99 9.95 1999 2.97 9.49 9.99 9.79 9.21 1999 2 9; 97.99 %2.37 9.94 9.99 1991 :.s7 9 39 ?.94 1.94 9.99 1992 2 41 9 99 5.99 9.99 9.99 1993 :.4e 9.99 4 94 9.79 9.99 1994 ; 51 9 99 _ 91 9.43 9.99 3-4 . *0 9 -9 U! I’ I U! Us 11:: |'_'_-:1 fin 1:: fin
-
-
Title
-
CRS83579ENRpage109
-
Page from
-
info:fedora/mu:87654
-
Text
-
.33. 1~B-7B 2,13 1986 2.14 3 33 3.33 33,33 4,53 1937 3.19 " 3.33 3.33 3.33 7.3; 1933 :.2: 3.33 3.33 3.33 9.32 1939 2.27 3.43 3.33 ‘.35 3.31 1993 2.33 7.33 2.33 3.73 3.33 1991 :.2? 5 33 3.9? 3.3: 3.33 1992 2 41 3.33 9.39 3.59 3.33 1993 3.45 3.33 3.37 3.93 3.33 1994 3.51 3.3311 3.37 .31 3.33 A 0- . '0 '0 U! I’ ‘I U1 '7. 1:0 . I:-II . . 6. ‘ (SI fin [:1 IS! 1:: «.13 0- IT‘: 9-A
-
-
Title
-
CRS83579ENRpage113
-
Page from
-
info:fedora/mu:87654
-
Text
-
.) Fund) . Int3rest)1 1335 12.13 3 33 3.33 3.33 %3 3.13 1333 3.14 3.33 3.33 3.33 4.33 1337 3.13 ” 3.33 3.33 3.33 ..;: 1333 2.3: :.33 3.33 3.42 3.33 1939 2.2? 3.43 3.33 3.31 3.32 1333 1.3: r.33 2.7: 3.33 3.33 1331 2.37 3.33 7.3; 1.23 3.33 1992 2.41 3-33 3 31 1.11 ‘.33 1933 2.43 3.33 3.33 3.32 3.33 1334 :.s1 3 33 3.23 3.?1 3.33 1335 2.33 3.=3% 1.13 3.43 3.33 _ 5'9 \D V ‘D . ‘J’: L.) Us 9-‘ 13:0 III
Pages