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APPENDIX A 



The tables in this appendix and the description of the scenarios were taken from the testimony 

 of D. Seligman, witness for the Northwest Conservation Act Coalition (V*'P-93-E-NA-l). 



TABLE 1 



RANGE OF PROPOSED ADJUSTMENTS 



VALUE OF RESERVES (VOR) 



The Bonneville proposal assumes that the status quo remains in tact for the next two years. 



Scenario 1 assumes the current level of DSI reserves. The interest rate, however, has been 

 adjusted to reflect two current market conditions: la assumes private developer financing (9%); 

 lb assumes municipal financing (6.5%). 



Scenario 2 adjusts the value of DSI forced outage reserves from 1,288 megawatts to 800 

 megawatts. The interest rate remains at 14 percent. 



Scenario 3 adjusts the value of DSI forced outage reserves from 1,288 megawatts to 600 

 megawatts. The interest rate remains at 14 percent. 



Scenario 4 adjusts the value of DSI forced outage reserves from 1,288 megawatts to 800 

 megawatts and adjusts the interest rate to reflect current market conditions. Scenario 4a assumes 

 a 9 percent interest rate. Scenario 4b assumes a 6.5 percent interest rate. 



Scenario 5 adjusts the value of DSI forced outage reserves from 1,288 megawatts to 600 

 megawatts and adjusts the interest rate to reflect current market conditions. Scenario 5a assumes 

 a 9 percent interest rate. Scenario 5b assumes a 6.5 percent interest rate. 



A-20 



