THE APPLICATION OF KENTUCKY POWER

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THE APPLICATION OF KENTUCKY POWER ( the-application-kentucky-power )

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With SCR Geographical Labor EPC Costs Owner Area Type costs Total Installed Capital Cost - $ 255,416,146 228,362,651 253,139,688 246,430,238 following information: Capital cost for &e Will County, Illinois location A General Arrangement drawing for a representative simple cycle power plant A Level One Project schedule A basic montldy cash flow tabulation The capital cost estimate for the natural gas fuel combustion turbine without SCR for Will County, Illinois is included in the table below. The detail of the cost breakdown for this location is included in Section 6. Note these costs are exclusive of the change in cash flows at assignment of OFE and NTP to EPC contractor. Maryland Illinois Pennsylvania $$ Union 130,552,074 124,864,072 Non-Union 104,991,119 123,371,532 Union 128,276,002 124,863,686 Union 123,045,308 123,384,930 I Non-Union 1 104,760,187 I 121,893,014 I As a basis for the gas fuel only combustion turbine estimate CH2M HILL developed the I Virginia Gas Fuel Onlv Combustion Turbines 226,653,201 I 0 0 0 0 No SCR Geographical Labor Area Type Illinois Union EPC Costs Owner costs $$ 109,437,632 98,513,712 Total Installed Capital Cost - $ 207,9S1,344 The capital cost estimate for the gas fuel only cornbustion turbine with SCR for Will County, Illinois is included in the table below. The detail of the cost breakdown for this location is included in Section 6. Note these costs are exclusive of the change in cash flows at assignment of OFE and NTP to EPC contractor. With SCR Geographical Labor Area Type Illinois Union EPC Costs Owner costs $$ 113,572,247 121,323,142 Total Installed Capital Cost - $ 234,895,389 Page 3 of 24 TheBrattle Groirp2011P./M CONESiiidyAppendis Page A-6

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