ࡱ>    !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]_`Root EntryA,X芙I_6@)mh^@PerfectOffice_MAIN& SummaryInformation(<PerfectOffice_OBJECTS, Ulhmhhe Weighted Average Cost of Capital.'.Desired Return on Equity added.i/Retail Tariffs and Resale Tariffs increase with the rate of energy inflation beginning in year 1.0O&M costs doubled.]1NPV formula corrected for use of negative value in Year 0, ie NPV = (rate, block, 1). 2 3$4`3notebookpathO3`4D:\Documents and Settings\Paul Gipe\My Documents\Quattro\BK1\EconV27May2006.wb33333!Retail!Tariff1u?    1u:v?    1u@_?    1u>˼?    1u*T?    1u6t%?    1u,22?    1u}Ǖ ?    1uu톄?    1ujQ|7?    1uհv?    1uDG{?    1ug*C~?    1uzP?    1uA|}[*?    1 uTT ?    1!u+ҋb?    1"u6^?    1#u2?    1$u5l/?    1%u P ?     &x 'x (x )x *p +0 ,0 -0 .0 /0 00 10 20   jA{Gz? {Gz?   ' (@   & ) KA  ? !Resale!Tariff1u{Gz?    1u_L?    1u30&?    1unTe ?    1u}m?    1u^?    1uFp?    1uarE?    1uI>?    1u @&?    1uU?P?    1u B,?    1u]e?    1u_ ?    1ugcd|?    1 uRq?    1!uJVo-?    1"u.M?    1#ud?s?    1$u^W?    1%uv,o?     &x 'x ( ) * + , - . / 0 1 2 3 4 5 6 7 8 9 : ; < = > ? @ A B 'm 'm/s'kWh/m2/yrHF<< Arial  '$/kWh      m2HB 88 Arial 'kWh/yr  ^Gross^Revenue& K`@7        KY@7        Kw/]@7        Ki&k@7        KLMB/3$ Arial``' 3$Arial``' 3$ Arial``' 3$ Arial``' 3$ Arial``' 3$ Arial``' 3@S Normal Comma Currency Percent Fixed DateHeading 1Heading 2 Total Comma0 Currency0033@ R033@ 2033@ B033@ 033@  033@ 033@ 033@ 0 33@ P033@ 0033@ 0033@ P033@ R033@ @033@ @033@ 0033@ P033@ 033@ 033@ 033@ 033@ 0033@ 033@ 033@ 0033@ P033@ @033@ 033@ R033@ @033@ @033@  033@ 033@ 033@ 033@ 033@ 033@ 033@ 033@ 0033@ @033@ 033@ P033@ R033@ 4033@ 4033@ 4033@ 033@ 033@ 033@ 033@ 033@    (%&'( @@0d  $ Arial' $ Arial'   LB  %&'( 0d  $ Arial' $ Arial'   B     ^ ~ ddư>   Dm?   7 #       f  g i2   | @|  -/g  0d J   t6x6O6 6$u<7~7@G(( 4   4 5T42B)))))) ) ) * '%      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~gCash Flow for Single Medium-Size Wind Turbine (225-300 kW) in U.S. Business or Farm Application@#ATTENTION: See Notes below.Assumptions:Rotor Diameter'Avg. wind speed 'YieldInstalled Cost 'O&M Insurance   Results: 'Swept area Annual Energy Output   ^Year                  ! " # $ %&'Total 20 year revenues 'NPV0(1Profitability Index (NPV/Installed Cost) )0*Notes:t+Generation used on site offsets consumption at retail rate. Tax credit applies only to sale of electricity. %,Increased installed cost 25%.D-Discount Rate now uses t⌫@7        KJ-@7        K(6@7        KH @7        KK x@7        K^X@7        Kh\ @7        Km@7        Ki t8@7        KK@7        K h@7        K!˜@7        K"C]@7        K#ots@7        K$!4*@7        K%^@7         & ' ( )'Retail rate'Resale rate'% at retail rate'Tax credit rate '% Tax credit used 'Tax Bracket      ^  ^O&M &  -O  ,Q ,} ,hO9q , ,Cvsc ,W~e , Uu ,UIv ,Pjr2 ,R ,iAN ,": , @n\ ,!\>6 ,"E ,#a7+ ,$㾭 ,% zwjp  & ' ( ) Insurance %@  -  -  - r  -}   -  -85  -~7  -G7˳  -qc  -X_  -{  -.% G  -oDž"  - ][  -!uW  -"gd  -#ضcӹ  -$3gt  -% 2f   & ' ( )?{Gz? +?  ffffff?      LoanInterest ZF  ;bN  ;ZW6FF  ;bW6FN  ;Z~ViF  ;b~ViN  ;Z[eF  ;b[eN  ;Zh!@9F  ;bh!@9N  ;ZRUgF  ;bRUgN  ;Z8t#F  ;b8t#N  ;ZQ4F  ;bQ4N  ;ZfnF  ;bfnN  ;Z\F  ;b\N  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;Z F  ;b N  ;Z!F  ;b!N  ;Z"F  ;b"N  ;Z#F  ;b#N  ;Z$F  ;b$N  ;Z%F  ;b%N  ; & ' ( ) '$/kWh '$/kWh '  '$/kWh        Loan^Principal Z;;[F  ;b;;[N  ;Z%LF  ;b%LN  ;ZGG)F  ;bGG)N  ;Z'X,F  ;b'X,N  ;Z҆YF  ;b҆YN  ;ZB(F  ;bB(N  ;ZOF  ;bON  ;Z-c0-|F  ;b-c0-|N  ;Zd^*F  ;bd^*N  ;ZݷWVF  ;bݷWVN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;Z F  ;b N  ;Z!F  ;b!N  ;Z"F  ;b"N  ;Z#F  ;b#N  ;Z$F  ;b$N  ;Z%F  ;b%N  ; & ' ( )Utility Rate Escalation'Inflation RateDown Payment'Loan Term'Loan Interest Return on EquityH> 44 Arial Discount Rate (WACC)    DepreciationDeduction ' ? '@ {Gz? ' ~jt? ' H}? ' H}? ' H}?           ! " # $ % & ' ( )   0  0  0  0 Income Tax  G @3      G N-x@3      G ɇk8@3      G tJc@3      G %2@3      G mvO3      G `cNp3      G DF3      G AzSNF3      G (ni?3      G Pr3      G K3      G 9 =3      G eg|3      G I3      G !#S=|3      G "-ה3      G #X%j3      G $xߦ3      G % 3       &  '  (  ) {Gz? Q? ?    {Gz? Q?; I +?'         ^Tax  ^Credit  9 %      -    -    -    -    -    -    -    -    -               !  "  #  $  %  &  '  (  ) '     yrs     '(+K6*K9)+(1-K6)*K8      ^Revenue ^(Loss)L 8      L $H'@8      L 1c@8      L +ἒ@8      L `vVm@8      L },{@8      L qTdz8      L  8      L .zB8      L HÓ8      L  8      L PKצ@8      L rZ}rj@8      L 66h&R6@8      L  @8      L QD@8      L !(&@8      L ")M@8      L #iI@8      L $~o@8      L %<@8      " &f -bAP0 'E@ ?$ (֣p= ?   )  * Cumulative Revenue$  $ lc $  $  $ .A) $ t" $  $ lYF $ mlxV $ r? $ Ե= $ XU֣[ $ 48 N]@ $ PRm E@ $ @ $ .@ $ !Y,сA $ "1 A $ #/%A $ $ ud(A $ %f -bA   &  '                  ! " # $ %$u<7~7,8 8 8H'&&&&&&&& & & (gCash Flow for Single Medium-Size Wind Turbine (225-300 kW) in U.S. Business or Farm ApplicationNo SubsidyAssumptions:Rotor Diameter'Avg. wind speed 'YieldInstalled Cost 'O&MInsurance Results: 'Swept area Annual Energy Output  ^Year                   ! " # $%'Total 20 year revenuesP&'Net present value using a discount rate derived from a 20-year mortgage.t'Generation used on site offsets consumption at retail rate. Tax credit applies only to sale of electricity.  ^Gross^Revenue&L  K@7        -@   -@   -p= @   -y&15@   -h@   -LS@   -Ͽ1W@   -3֍@   -+v@   -LTɿ@   -z`p@   -# >\@   -%H BdT@   -ZxX@   - ~i@   -!ܼ޻@   -"nv@   -#D@   -$Vga>@    % &   cOA{Gz?{Gz?   ' (@   & ) mKA  ? ^  ^O&M &  -O  ,Q ,} ,hO9q , ,Cvsc ,W~e , Uu ,UIv ,Pjr2 ,R ,iAN ,": ,@n\ , \>6 ,!E ,"a7+ ,#㾭 ,$ zwjp  % & 'm 'm/s'kWh/m2/yrHF<< Arial '$/kWh  m2HB 88 Arial 'kWh/yr Insurance %p -$  -fffffݨ  -&1\  -C; a  - cf+  -~SP  -A>Ӭ  -jR؞  -h@  -f*  -ڜ8  -p\H  -U5  -ӟĹ  - A  -! β  -""I^  -#ML  -$X   % &'Retail rate'Resale rate'% at retail rate'Tax credit rate '% Tax credit used'Tax Bracket LoanInterest ZF  ;bN  ;Z?utF  ;b?utN  ;Z5@F  ;b5@N  ;ZeF  ;beN  ;Zi2F  ;bi2N  ;Z@RMPF  ;b@RMPN  ;ZF  ;bN  ;Z¦μF  ;b¦μN  ;ZV{̒F  ;bV{̒N  ;ZӲF  ;bӲN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;Z F  ;b N  ;Z!F  ;b!N  ;Z"F  ;b"N  ;Z#F  ;b#N  ;Z$F  ;b$N  ; % & Loan^Principal ZllF-F  ;bllF-N  ;Zj-ayF  ;bj-ayN  ;Z7RF  ;b7RN  ;ZoaF  ;boaN  ;ZF  ;bN  ;ZK2F  ;bK2N  ;ZzæwF  ;bzæwN  ;ZíCF  ;bíCN  ;Z ? F  ;b ? N  ;Z@+F  ;b@+N  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;ZF  ;bN  ;Z F  ;b N  ;Z!F  ;b!N  ;Z"F  ;b"N  ;Z#F  ;b#N  ;Z$F  ;b$N  ; % &s?{Gz?{?L7A`? zffffff?   DepreciationDeduction 'L ? 'p {Gz? '  ~jt? ' H}? ' H}? ' H}?            ! " # $ % & '$/kWh '$/kWh '  '$/kWhIncome Tax GH@3     Go2@3     G?@@3     G=ڡ@3     G@a曏@3     G|r3     Gݛ3     GkO3     Gȃp-3     Gyr93     Gn3     G9X 3     GfN3     G\|3ߋ3     GTK3     G ĉl93     G!pNj3     G"c2OJ03     G#"D3     G$.3      % &Utility Rate Escalation'Inflation RateDown Payment'Loan Term'Loan InterestDiscount Rate ^Tax ^Credit 9@%      -Gz~@   -?A@   -mJy @   -a+GL9ۋ@   -l)@   -8@   -`s{p@   -WAZ@   -Bf}%@          ! " # $ % & ^Revenue ^(Loss)L L8      L ''sv@8      L w y@8      L 0M@8      L ʡb@8      L F3̌@8      L 6&͋B@8      L (_@8      L @BY[W@8      L .9쀧@8      L  /~ @8      L dvTĀ@8      L Z|p@8      L @8      L /@8      L 3"d@8      L  6G@8      L !Vs+@8      L "\eE@8      L #w`i@8      L $߯i@8      " %>y AP- & A V? ? Q? ?    {Gz? Q?      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