Cost of Generation Calculator

All inputs are in blue.

Technology Assumptions
Project Capacity (MW)
Capital Cost ($/kW)
Fixed O&M ($/kW)
Fixed O&M Escalation
Variable O&M ($/MWh)
Variable O&M Escalation
Fuel Cost ($/MBtu)
Fuel Cost Escalation
Heat Rate (Btu/kWh)
Capacity Factor
Misc Revenue ($/MWh)
Misc Escalation
Degradation
Year

$722,500
$127,500
$0
$0
$850,000

Financial/Economic Asumptions
Debt Percentage
Debt Rate
Debt Term (years)
Economic Life (years)
Percent 5-year MACRS
Percent 7-year MACRS
Percent 15-year MACRS
Percent 20-year MACRS
Energy Price Escalation
Tax Rate
Cost of Equity
Discount Rate

1
$1,000
$50
2.5%
$0
2.5%
$0
2.5%
0
22%
$5
2.5%
2%
1

Annual Generation (MWh)

Power Price
Misc Revenue
Total Operating Revenue

1,927
Err:522
$5.00
Err:522

1,889
$5.13
$5.13
$19,359

1,851
$5.25
$5.25
$19,446

1,814
$5.38
$5.38
$19,533

Fixed O&M
Variable O&M
Fuel Cost
Operating Expenses

$50,000
$0
$0
$50,000

$51,250
$0
$0
$51,250

$52,531
$0
$0
$52,531

$53,845
$0
$0
$53,845

Interest Payment
Principal Payment
Debt Service

$27,300
$17,368
$44,668

$26,171
$18,497
$44,668

$24,969
$19,699
$44,668

$23,688
$20,980
$44,668

$144,500
$18,220
$0
$0
($220,748)
$0
($88,299)

$231,200
$31,225
$0
$0
($320,487)
$0
($128,195)

$138,720
$22,300
$0
$0
($219,074)
$0
($87,630)

$83,232
$15,925
$0
$0
($157,156)
$0
($62,862)

Err:522

51,635

9,876

(16,117)

MACRS Depreciation Schedules

5
0.2
7
0.1429

0.32
0.2449

0.192
0.1749

0.1152
0.1249

Tax Depreciation - 5
Tax Depreciation - 7
Tax Depreciation - 15
Tax Depreciation - 20
Taxable Income
PTC
Taxes
Total

(280,000)

15
20

0.05
0.0375

0.095
0.07219

0.0855
0.06677

0.077
0.06177

mic Asumptions

Incentives
PTC ($/MWh)
PTC Escalation
PTC Term (years)
ITC
ITC Depr Basis

60%
6.50%
15
20
85%
15%
0%
0%
2.5%
40%
7.75%
6.982%

Calculation
$0
0.0%
10
30%
85%

Outputs
NPV Equity Return

Err:522

LCOE

Err:522

Cap Cost

10

11

1,778
$5.52
$5.52
$19,621

1,742
$5.66
$5.66
$19,710

1,707
$5.80
$5.80
$19,798

1,673
$5.94
$5.94
$19,887

1,640
$6.09
$6.09
$19,977

1,607
$6.24
$6.24
$20,067

1,575
$6.40
$6.40
$20,157

$55,191
$0
$0
$55,191

$56,570
$0
$0
$56,570

$57,985
$0
$0
$57,985

$59,434
$0
$0
$59,434

$60,920
$0
$0
$60,920

$62,443
$0
$0
$62,443

$64,004
$0
$0
$64,004

$22,325
$22,344
$44,668

$20,872
$23,796
$44,668

$19,326
$25,343
$44,668

$17,678
$26,990
$44,668

$15,924
$28,744
$44,668

$14,056
$30,613
$44,668

$12,066
$32,602
$44,668

$83,232
$11,386
$0
$0
($152,512)
$0
($61,005)

$41,616
$11,373
$0
$0
($110,722)
$0
($44,289)

$0
$11,386
$0
$0
($68,898)
$0
($27,559)

$0
$5,687
$0
$0
($62,912)
$0
($25,165)

$0
$0
$0
$0
($56,867)
$0
($22,747)

$0
$0
$0
$0
($56,432)
$0
($22,573)

$0
$0
$0
$0
($55,913)
$0
($22,365)

(19,233)

(37,240)

(55,296)

(59,050)

(62,865)

(64,472)

(66,150)

0.1152
0.0893

0.0576
0.0892

0
0.0893

0
0.0446

0
0

0
0

0
0

0.0693
0.05713

0.0623
0.05285

0.059
0.04888

0.059
0.04522

0.0591
0.04462

0.059
0.04461

0.0591
0.04462

$700,000

Err:522
0
Err:522
5 -527562.4703
slope
Err:522

12

13

14

15

16

17

18

1,543
$6.56
$6.56
$20,248

1,512
$6.72
$6.72
$20,339

1,482
$6.89
$6.89
$20,430

1,452
$7.06
$7.06
$20,522

1,423
$7.24
$7.24
$20,615

1,395
$7.42
$7.42
$20,707

1,367
$7.61
$7.61
$20,801

$65,604
$0
$0
$65,604

$67,244
$0
$0
$67,244

$68,926
$0
$0
$68,926

$70,649
$0
$0
$70,649

$72,415
$0
$0
$72,415

$74,225
$0
$0
$74,225

$76,081
$0
$0
$76,081

$9,947
$34,722
$44,668

$7,690
$36,979
$44,668

$5,286
$39,382
$44,668

$2,726
$41,942
$44,668

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0
$0
($55,303)
$0
($22,121)

$0
$0
$0
$0
($54,595)
$0
($21,838)

$0
$0
$0
$0
($53,781)
$0
($21,513)

$0
$0
$0
$0
($52,853)
$0
($21,141)

$0
$0
$0
$0
($51,800)
$0
($20,720)

$0
$0
$0
$0
($53,518)
$0
($21,407)

$0
$0
$0
$0
($55,280)
$0
($22,112)

(67,904)

(69,736)

(71,651)

(73,654)

(31,080)

(32,111)

(33,168)

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0.059
0.04461

0.0591
0.04462

0.059
0.04461

0.0591
0.04462

0.0295
0.04461

0
0.04462

0
0.04461

19

20

21

22

23

24

25

1,340
$7.80
$7.80
$20,894

1,313
$7.99
$7.99
$20,988

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

$77,983
$0
$0
$77,983

$79,933
$0
$0
$79,933

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0
$0
($57,089)
$0
($22,835)

$0
$0
$0
$0
($58,944)
$0
($23,578)

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

(34,253)

(35,367)

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0.04462

0
0.04461

0
0.02231

0
0

0
0

0
0

0
0

26

27

28

29

30

31

32

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

33

34

35

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

0
$0.00
$0.00
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

$0
$0
$0
$0
$0
$0
$0

0
0

0
0

0
0

0
0

0
0

0
0