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LAKEVIEW GEOTHERMAL POWER GENERATION FACILITY FEASIBILITY

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LAKEVIEW GEOTHERMAL POWER GENERATION FACILITY FEASIBILITY ( lakeview-geothermal-power-generation-facility-feasibility )

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Table 6 - Power Rate Calculations Avoided Fixed Cost Rates (cents per kWh) Year On Peak Off Peak Weighted Average 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 6.65 7.06 7.11 7.21 7.16 7.68 7.72 7.96 8.25 8.40 8.55 8.69 8.86 9.03 9.01 9.03 9.06 9.53 9.67 9.83 9.99 10.13 10.25 10.39 10.52 10.65 10.79 10.94 11.10 11.25 11.41 5.56 5.70 5.62 5.59 5.42 5.86 5.86 6.06 6.32 6.44 6.55 6.67 6.78 6.91 6.86 6.83 6.82 7.14 7.27 7.40 7.53 7.64 7.70 7.80 7.88 7.96 8.06 8.16 8.26 8.37 8.48 6.29 6.61 6.61 6.67 6.58 7.07 7.10 7.32 7.61 7.75 7.88 8.02 8.17 8.32 8.29 8.30 8.31 8.73 8.87 9.02 9.17 9.30 9.40 9.53 9.64 9.75 9.88 10.01 10.15 10.29 10.44 The rates for 2007 – 2023 are fixed by PacifiCorp. A straight line projection was used to predict the rates from 2024 - 2037. With society’s appetite for energy and the continuing need for declining fossil fuels, the Town may be at an advantage with the prices tied to the gas index. Since energy prices will only go up and PacifiCorp was probably conservative in the projections of natural gas prices, this may be an option for the Town to consider at the time of contract negotiations. However, it is beyond this report to speculate and analyze this type of risk. As part of the contract requirements for PacifiCorp an interconnection study is required. This is performed by PacifiCorp and estimated at $15,000 for this facility. A firm Lakeview Geothermal Power Generation Facility Feasibility Study 15

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