Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG-1 Page 1 1 01 ENERGY SERVICE RATE CALCULATION 8 9 Summary of Forecasted Energy Service 10 Cost For January 01 Through December 01 TOTAL COST Cents per KWH Reference 11 1 Fossil energy costs $,18 $ 1. Attachment CJG-, page 1 F/H O&M, depreciation & taxes 11,0. Attachment CJG-, page 1 Return on rate base,0 1. Attachment CJG-, page 1 ISO-NE ancillary,09 0.0 Attachment CJG-, page 1 Capacity (1,19) (0.) Attachment CJG-, page 1 NH RPS, 0.8 Attachment CJG-, page 18 RGGI costs 1,9 0.0 Attachment CJG-, page 19 IPP costs (1) 11,91 0. Attachment CJG-, page 0 Burgess BioPower 8, 1.1 Attachment CJG-, page 1 Purchases and sales,9 1.8 Attachment CJG-, page Return on ES Deferral 19 0.00 Attachment CJG-, page Total Forecasted Energy Service Cost $ 11, $ 9. 01 ES Over/Under Recovery,81 0. Attachment CJG-, page 1 8 Net Forecasted Energy Service Cost $ 19,18 9 0 Forecasted Retail MWH Sales,,1 9. 1 Forecasted Energy Service Rate - cents Per KWH (line 8 / Line 0) 9. Plus Scrubber ES Rate cents per kwh per DE 11-0 1. 8 Total Energy Service Rate - cents per kwh 11.1 9 0 1 (1) The IPP costs represent the forecasted market value of IPP generation. 00000
Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 1 8 January February March April May June 9 01 01 01 01 01 01 10 Energy Service Cost Estimate Estimate Estimate Estimate Estimate Estimate Reference 11 1 Fossil energy costs $ 1,8 $ 1,8 $,0 $ 0 $ 1,11 $ 1, CJG-, P 1 F/H O&M, depreciation & taxes 8, 8,0 11,1 11,0 8,08 9,9 CJG-, P 1 Return on rate base,88,,0,81,,18 CJG-, P 1 ISO-NE ancillary 111 189 18 00 CJG-, P 1 Capacity (8) (8) (9) (1,00) (1,1) (,8) CJG-, P 1 NH RPS,88,9,1,0 1,99,1 CJG-, P 18 RGGI costs 0 9 10 - - 1 CJG-, P 19 IPP costs (1) 1, 1, 1,08 9 89 CJG-, P 0 Burgess BioPower,,18,,1,, CJG-, P 1 Purchases and sales (inc. Congestion and Loss Adj.) (,0) (,98),,80,,8 CJG-, P Return on ES Deferral 1 11 1 1 18 1 Total Energy Service Cost $ 0,9 $,80 $ 1, $,98 $ 1, $,10 Forecasted Retail MWH Sales 9,0 89,8 0,1 9,91,0,189 8 Energy Service Cost - cents per kwh 8.9 9.08 10.8 10.00 8.9 8.9 9 0 1 (1) The IPP costs represent the forecasted market value of IPP generation. 01 ENERGY SERVICE RATE CALCULATION 00000
Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 8 July August September October November December 9 01 01 01 01 01 01 10 Energy Service Cost Estimate Estimate Estimate Estimate Estimate Estimate Total Reference 11 1 Fossil energy costs $ 1, $ 1,11 $ 1,8 $ 1,11 $ 1,080 $,9 $,18 CJG-, P 1 F/H O&M, depreciation & taxes 9,0 9,0 11, 11,8 9,9 8,99 11,0 CJG-, P 1 Return on rate base,9,,,1,8,,0 CJG-, P 1 ISO-NE ancillary 181 181 18,09 CJG-, P 1 Capacity (,18) (,181) (,9) (,899) (,0) (,01) (1,19) CJG-, P 1 NH RPS,1,8,0 1,9,1,, CJG-, P 18 RGGI costs 10 - - - 180 1,9 CJG-, P 19 IPP costs (1) 91 8 1 8 1, 11,91 CJG-, P 0 Burgess BioPower,,,,1,, 8, CJG-, P 1 Purchases and sales (inc. Congestion and Loss Adj.) 8,00,8,8,1,0,99,9 CJG-, P Return on ES Deferral 1 11 10 1 1 11 19 Total Energy Service Cost $,9 $, $, $,0 $,91 $ 8,8 $ 11, Forecasted Retail MWH Sales 10,1 0,1 9,01 0,0 8, 1,1,,1 8 Energy Service Cost - cents per kwh 8.9 8. 9.1 9.1 9. 8.89 9 0 1 (1) The IPP costs represent the forecasted market value of IPP generation. 01 ENERGY SERVICE RATE CALCULATION 00000
01 ENERGY SERVICE RATE CALCULATION PSNH Generation (GWh) and Expense ($000) IPPs Priced at Market Rate Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page Jan-1 Feb-1 Mar-1 Apr-1 May-1 Jun-1 Jul-1 Aug-1 Sep-1 Oct-1 Nov-1 Dec-1 Total 8 Hydro Energy.01..80 9..0 0.1. 19. 1.1. 0.89.1. 9 10 Coal Energy.1.9 0.1 0.000 0.000.8 1.9 0.000 1.9 0.000 0.000.98 1.1 11 Energy Expense $ 11,0 1,0,8 0 0 18 1 0 1 0 0,,119 1 1 Wood Energy 8..1 8..1 8.. 8. 8.. 8.. 8. 1.1 1 Energy Expense $ 1,9 1,0 1,9 9 1,9 1,9 1,9 1,9 1,9 1,9 1,9 1,9 18,0 1 Revenue Credit $ (8) () (8) (1) (8) (9) (8) (8) (9) (8) (9) (8) (,8) 1 1 Newington Energy 0.000 0.000 0.000 0.000 0.000.080.800 0.000 1.900 0.000 0.000 0.000 11.80 18 Energy Expense $ 0 0 0 0 0 8 9 0 1 0 0 0 0 19 0 IPPs Energy. 0.0.90 9.1..81.08 19.9 1. 0.0 0.0..18 1 Energy Expense $ 1,01 1,8 99 899 89 80 0 8 1,00 10,8 ICAP $ 10 19 19 1 18 1 1 1, Burgess BioPower Energy.9 0.0.9 8.8.9..9.9. 0.8..9 9.1 Expense $,1,80,1,0,1,0,1,1,0,18,0,1,118 ICAP $ 8 8 8 8 8 8 8 8 8 8 8 8, 8 Contract Purchases Energy..91.89..9.0.19.0..1.89. 1.09 9 Expense $ 9 0 9 9 1 18 1 1 9 0,89 0 ICAP $ 1 1 1 1 1 1 1 1 1 80 1 Energy Purchases Energy.100 0.000 11. 1.9 118.09 11. 00. 1.9 1.8 1.9 1. 1.988 1,9.8 Expense $,8 0,0,1,,,90,,,,0,11,9 Energy Sales Energy (88.91) (1.) (1.9) 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 (1.9) (8.8) (Credit) $ (,1) (8,1) () 0 0 0 0 0 0 0 0 (1,) (1,8) 8 Congestion and Loss Adjustment $ 1 18 0 18,00 9 0 Total Energy GWH 0.0 0.88..9 8.011 9.988 0.0.0.0.99.0 1.8,9.09 1 Total Energy Expense $ 1,8 1,9 1,8 9,08 9,00 10,8 1,01 1,00 9,8 9,00 10, 1, 1,1 ISO-NE Ancillary $ 111 189 18 00 181 181 18,09 NH RPS $,88,9,1,0 1,99,1,1,8,0 1,9,1,, RGGI Costs $ 0 9 10 0 0 1 10 0 0 0 180 1,9 8 Capacity (sold)/bought MW-mo () (01) (88) () (1) (8) (8) () () () (0) (99) (,09) 9 Capacity (sold)/bought Cost ($000) $ (8) (8) (9) (1,00) (1,1) (,8) (,18) (,181) (,9) (,899) (,0) (,01) (1,19) 000008
Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 01 ENERGY SERVICE RATE CALCULATION 1 Forecasted PSNH IPP Market Value - January - December 01 IPP Energy at IPP Mkt Value Capacity ICAP Value ICAP Total Total Month GWh ($000) MW $/kw-mo ($000) ($000) $/MWh January. 1,01..9 1,.0 February 0.0 1,8..8 1, 9.8 8 March.90 99.. 1,08.09 9 April 9.1 899.. 9.11 10 May... 9.9 11 June.81 89..9 10 89.8 1 July.08 80.. 19 91 9. 1 August 19.9 0.. 19 8.8 1 September 1. 8..8 1 8.0 1 October 0.0 1.8.8 18 1.9 1 November 0.0 1.8.8 1 8.0 1 December. 1,00 1.8.8 1 1,.0 18 Total.18 10,8 1, 11,91.9 000009
8 01 ENERGY SERVICE RATE CALCULATION FOSSIL / HYDRO O&M, DEPRECIATION & TAXES DETAIL Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 9 January February March April May June July August September October November December 10 01 01 01 01 01 01 01 01 01 01 01 01 Total 11 Fossil / Hydro O&M, Depr. & Taxes Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate 1 1 F/H Operation & Maintenance Cost $,01 $,00 $ 8,0 $,9 $,0 $,009 $,0 $,0 $,9 $,80 $, $, $,08 1 F/H Depreciation Cost 1,90 1,90 1,90 1,90 1,9 1,9 1,9 1,9 1,9 1,9 1,9 1,9,0 1 F/H Property Taxes 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1, 1 F/H Payroll and Other Taxes 10 1 90 18 199 188 18 11 0 18 199,8 1 Amort. of Asset Retirement Obligation 8 8 8 0 0 0 1 1 1 18 19 Total F/H O&M, Depr. and Taxes $ 8, $ 8,0 $ 11,1 $ 11,0 $ 8,08 $ 9,9 $ 9,0 $ 9,0 $ 11, $ 11,8 $ 9,9 $ 8,99 $ 11,0 000010
8 01 ENERGY SERVICE RATE CALCULATION FOSSIL/HYDRO RETURN ON RATE BASE Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 9 January February March April May June July August September October November December 10 01 01 01 01 01 01 01 01 01 01 01 01 Total 11 Return on Rate Base Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate Estimate 1 1 1 Rate base 1 Net Plant 9, 9,8 9,81 91, 90,89 89,11 89,0 88,00 8,98 8,1 8, 81,819 1 1 Working Capital Allow. ( days of O&M) 9,81 9,81 9,81 9,81 9,81 9,81 9,81 9,81 9,81 9,81 9,81 9,81 18 Fossil Fuel Inventory 90,9 8,1,90,90 8, 80, 8,1 8,181 8,181 8,181 8,181 8,181 19 Mat'ls and Supplies,0,0,0,0,0,0,0,0,0,0,0,0 0 Prepayments 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1,1 1 Deferred Taxes (,880) (,9) (,9) (,9) (,18) (,81) (,8) (,1) (,10) (,8) (,19) (,00) Other Regulatory Obligations (,) (9,08) (1,) (,9) (,81) (1,9) (,9) (,0) (8,) (0,9) (,1) (,1) Total Rate Base (L1 thru L) 9,9 9,99, 9,1 9, 80,0 80,10 9,0,,098 9,9,98 Average Rate Base ( prev + curr month) 9,99 8,9,09 0,9 9,,8 80, 9,08,,8 1,1 8,99 x Return 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% Return (L x L) $,88 $, $,0 $,81 $, $,18 $,9 $, $, $,1 $,8 $, $,0 000011
Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 1 1 01 ENERGY SERVICE RATE CALCULATION 8 Summary of Forecasted Energy Service 9 Cost For January 01 Through December 01 TOTAL COST Cents per KWH Reference 10 11 Fossil energy costs $,0 $ 1.00 Attachment CJG-, page 1 F/H O&M, depreciation & taxes 11, $. Attachment CJG-, page 1 Return on rate base,8 $ 1. Attachment CJG-, page 1 ISO-NE ancillary (9) $ (0.01) Attachment CJG-, page 1 Capacity (9,900) $ (0.8) Attachment CJG-, page 1 NH RPS 1,00 $ 0.0 Attachment CJG-, page 1 Seabrook costs / (credits) (18) $ (0.01) Attachment CJG-, page 18 Vermont Yankee () $ (0.00) Attachment CJG-, page 19 RGGI costs 91 $ 0.0 Attachment CJG-, page 0 IPP costs (*), $ 0.1 Attachment CJG-, page 1 Burgess BioPower 0,0 $ 1.1 Attachment CJG-, page Purchases and sales, $ 1.88 Attachment CJG-, page Return on ES Deferral 191 $ 0.01 Attachment CJG-, page 01 Actual ES under recovery,9 Total Updated Energy Service Cost $ 18, Total Updated Revenue 10,9 8 01 ES (Over)/Under Recovery,81 (*) The IPP costs represent the forecasted market value of IPP generation. 00001
Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 1 January February March April May June 8 01 01 01 01 01 01 9 Energy Service Cost Actual Actual Actual Actual Actual Actual Reference 10 11 Fossil energy costs $,10 $,0 $ 1,0 $ 1,1 $ 1,1 $ 1, CJG-, P 1 F/H O&M, depreciation & taxes 8,98 8,90 9, 1, 8,88 9, CJG-, P 1 Return on rate base,,1,9,80,0,01 CJG-, P 1 ISO-NE ancillary 1 0 89 00 (9) (0) CJG-, P 1 Capacity (10) (8) () (1) (890) (91) CJG-, P 1 NH RPS 1,011 (1,19) 1,0 1,9 1,0 1,88 CJG-, P 1 Seabrook costs / (credits) - - - (18) - - 18 Vermont Yankee (8) () () () () (1) 19 RGGI costs 18 1 9 CJG-, P 0 IPP costs (*) 99 80 CJG-, P 1 Burgess BioPower,9,91,90,1,, CJG-, P Purchases and sales (inc. Congestion and Loss Adj.),,,8,000,1,190 CJG-, P Return on ES Deferral 11 10 8 1 19 1 01 Actual ES under recovery,9 Total Energy Service Cost $,001 $,88 $,8 $,1 $ 1,9 $,1 8 Total Energy Service Revenue at 8. cents/kwh $ 8,880 $,81 $,1 $ 1,1 $ 0,9 $,0 9 0 ES Under/(Over) Recovery,11 (,9),80 1, 1 Forecasted Retail MWH Sales 8,09 11,81 9,99,9,91,88 Energy Service Cost - cents per kwh 10.. 8. 10.9 8.0 8.81 (*) The IPP costs represent the forecasted market value of IPP generation. 01 ENERGY SERVICE RATE CALCULATION 00001
Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page July August September October November December 8 01 01 01 01 01 01 9 Energy Service Cost Actual Actual Actual Actual Estimate Estimate Total Reference 10 11 Fossil energy costs $, $,8 $ 1,99 $ 1,09 $ 918 $,080 $,0 CJG-, P 1 F/H O&M, depreciation & taxes 9, 9,1 10, 1,9, 8,8 11, CJG-, P 1 Return on rate base,8,80,0,1,09,9,8 CJG-, P 1 ISO-NE ancillary 10 (1,1) 1 80 9 () (9) CJG-, P 1 Capacity (898) (89) (1,09) (08) (991) (8) (9,900) CJG-, P 1 NH RPS 1,0 1,0 1,00 1,0,9,99 1,00 CJG-, P 1 Seabrook costs / (credits) - - - - - - (18) 18 Vermont Yankee () - - () 19 RGGI costs 19 1 0 1-1 91 CJG-, P 0 IPP costs (*) 9 9 99, CJG-, P 1 Burgess BioPower,01,,,88,80,80 0,0 CJG-, P Purchases and sales (inc. Congestion and Loss Adj.),0,19,,1,1,01, CJG-, P Return on ES Deferral 18 1 0 0 1 191 01 Actual ES under recovery,9 Total Energy Service Cost $ 0,88 $ 8,0 $, $,8 $ 0,1 $ 8,8 $ 18, 8 Total Energy Service Revenue at 9. cents/kwh $ 0,8 $, $,91 $ 1,0 $,889 $ 0,1 $ 10,9 9 0 ES Under/(Over) Recovery (,0) 1,,1 (,) (1,) $,81 1 Forecasted Retail MWH Sales,1, 0,80, 9,,88,,01 Energy Service Cost - cents per kwh 8.90 8.0 9.9 11.0. 8.8 8.99 (*) The IPP costs represent the forecasted market value of IPP generation. 01 ENERGY SERVICE RATE CALCULATION 00001
01 ENERGY SERVICE RATE CALCULATION PSNH Generation (GWh) and Expense ($000) IPPs Priced at Market Rate Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page Jan-1 Feb-1 Mar-1 Apr-1 May-1 Jun-1 Jul-1 Aug-1 Sep-1 Oct-1 Nov-1 Dec-1 Total 8 Hydro: Energy 9.9.01..8 1.8 1.0 1.0 8..80 8.8 0.89.1 01.9 9 10 Coal: Energy 81.9.1 1..19 (.980) (1.01) 9.1 8.881.1 (1.1) 0.000 0.901 0.1 11 Energy Expense $,0,9 9 9 8 0,8,1 8 0 0,11 19,8 1 1 Wood: Energy 0..8.9 (0.9).0 0.01 0. 0.1. 0.8. 8. 08. 1 Energy Expense $ 1,9 1,9 1,9 0 1,0 1, 1,1 1, 1, 1,9 1,0 1,8 1,1 1 Revenue Credit $ (91) (8) () (10) (81) (90) 9 (90) (0) (9) (8) (10) (,0) 1 1 IC/Jets Energy 0. (0.0) 0. 0.00 0.09 0.00 0.11 0.8 0.11 0.008 0.000 0.000 1.8 18 Energy Expense $ 88 0 1 9 10 1 1 0 0 8 19 0 Newington: Energy (0.8) 0.88 (1.18). (1.9).8 1. 1..0 (0.90) 0.000 0.000. 1 Energy Expense $ 10 18 1 11,8 1,0 8 0 0,1 IPP's: Energy.9.8.01.88 19.99 1.98 1.9 1.1 1.8 1. 0.0.1. Energy Expense $ 898 09 9 8 0 1 99 91,0 ICAP $ 9 9 91 8 1 91 Burgess BioPower Energy 0.19.1.8.0..8.0 0.8 8.9.8..9 1.88 8 Expense $,,,1 1,89,8,18,1,8,9,10,00,10,18 9 ICAP $ 8 8 8 8 8 8 8 8 8 8 8 8, 0 1 Contract Purchases Energy 8.08.8.0.909.00..888 0.0.01 1.18.9 9. 19.1 Expense $ 9 88 8 0 1,8 1, 1,00 1,1 10,8 ICAP $ 9 1 1 1 11 1 1 89 Energy Purchases Energy 01. 190.1 1.0 0.88 18.1 08.989 9.9 08.0 1.1 11.9 11. 1.89,18.98 Expense $ 8,0,8,88,,9,8,,,,00,8,8 9,8 8 Energy Sales Energy (1.8) (.91) (.1) (0.8) (0.9) (0.19) (.90) (0.) (.0) (.) 0.000 (.98) (.) 9 (Credit) $ (1,9) (1,10) (9) (1,9) (90) (81) (,01) (1,9) (1,0) (8) 0 (1,11) (1,0) 0 1 Congestion and Loss Adjustment $ 0 0 0 0 0 0 0 0 0 0 1 1 Total Energy GWH 8.98.8. 80. 9. 89.88 9..1 80..0 8.88.,8.8 Total Energy Expense $ 1,9 1,9 10,08 10,1 9, 10,89 1, 1,8 1,01 9,01 9,0 1,1 19,8 ISO-NE Ancillary $ 1 0 89 00 (9) (0) 10 (1,1) 1 80 9 () (9) 8 NH RPS $ 1,011 (1,19) 1,0 1,9 1,0 1,88 1,0 1,0 1,00 1,0,9,99 1,00 9 RGGI Costs $ 18 1 9 19 1 0 1 0 1 91 0 1 Capacity (sold)/bought MW-mo (0) (0) (1) () (0) () () () (01) () () (0) (,1) Capacity (sold)/bought Cost ($000) $ (10) (8) () (1) (890) (91) (898) (89) (1,09) (08) (991) (8) (9,900) 00001
01 ENERGY SERVICE RATE CALCULATION Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page Forecasted PSNH IPP Market Value - November - December 01 IPP Energy at 8 IPP Mkt Value Capacity ICAP Value ICAP Total Total 9 Month GWh ($000) MW $/kw-mo ($000) ($000) $/MWh 10 11 1 November 0.0 99..81 8. 1 December.1 91..9 99. 1 Total.0 1,1 1 1,8.0 00001
8 01 ENERGY SERVICE RATE CALCULATION Fossil / Hydro O&M, Depreciation & Taxes Detail (Dollars in 000's) Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 9 January February March April May June July August September October November December 10 01 01 01 01 01 01 01 01 01 01 01 01 Total 11 Fossil / Hydro O&M, Depr. & Taxes Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Estimate Estimate 1 1 F/H Operation & Maintenance Cost $,80 $,0 $,0 $ 9,88 $,9 $,118 $,880 $,1 $,88 $ 9,1 $,0 $,9 $ 8, 1 F/H Depreciation Cost 1,9 1,8 1,8 1,8 1,8 1,8 1,8 1,9 1,9 1,90 1,90 1,90, 1 F/H Property Taxes 1,11 9 1,01 1,098 1,0,10 1,19 1,10 1,1 1, (,08) 10,10 1 F/H Payroll and Other Taxes 189 19 8 180 10 1 10 1 10 1 1,0 1 Amort. of Asset Retirement Obligation 18 19 Total F/H O&M, Depr. and Taxes $ 8,98 $ 8,90 $ 9, $ 1, $ 8,88 $ 9, $ 9, $ 9,1 $ 10, $ 1,9 $, $ 8,8 $ 11, 00001
8 01 ENERGY SERVICE RATE CALCULATION FOSSIL/HYDRO RETURN ON RATE BASE Docket No. DE 1-8 Dated: 1/09/01 Attachment CJG- Page 9 January February March April May June July August September October November December 10 01 01 01 01 01 01 01 01 01 01 01 01 Total 11 Return on Rate Base Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Estimate Estimate 1 1 1 Rate base 1 Net Plant,8 8,81 8,0 88,0 89, 8,8 88, 89,89 8,8 8,8 8,0 8,9 1 1 Working Capital Allow. ( days of O&M) 10,0 10,0 10,0 10,0 10,0 10,0 10,0 10,0 10,0 10,0 10,0 10,0 18 Fossil Fuel Inventory 10,9 10,9 9,01 9,01 9,01 100,09 100,09 100,09 10,88 10,88 10,88 10,88 19 Mat'ls and Supplies,0,0,8,8,8,0,0,0 9,09 9,09 9,09 9,09 0 Prepayments 1,1 1,1 1,9 1,9 1,9 1, 1, 1, 9 9 9 9 1 Deferred Taxes (,0) (,0) (,) (,0) (1,19) (,0) (,11) (,) (,80) (,) (,8) (,9) Other Regulatory Obligations (1,1) (1,1) (19,) (19,) (19,) (1,) (1,) (1,) (1,9) (1,9) (0,) (,) Total Rate Base (L1 thru L) 99, 01,80 99,0 0,1 0,9 0,891 0, 08, 9,01 9,8 9,8 9,9 Average Rate Base ( prev + curr month) 8,809 00,08 00,91 00,9 0,98 0,0 0,1 0,8 01,0 9,9 9,18 9, x Return 0.91% 0.91% 0.91% 0.918% 0.918% 0.918% 0.9% 0.9% 0.9% 0.98% 0.98% 0.98% Return (L x L) $, $,1 $,9 $,80 $,0 $,01 $,8 $,80 $,0 $,1 $,09 $,9 $,8 000018