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Investor Presentaiton

Economics Analysis (CREST Modeling/Rate Forecasting) A key component of any BCA is to establish the cost of the resource being developed in order to compare it to its benefits (and thus their cost to ratepayers) • If potential alternative policy pathways consider alternative compensation levels or program approaches, it is necessary to ensure that the policy design process (and benefit-cost analysis) only considers policy types that are likely to allow key project types in the market to be financeable and reach commercial operation SEA proposes to calculate: о о The revenue requirements associated with proposed project types under each policy pathway; and • The degree of associated revenue gap (if any) associated with compensation under different project approaches (to determine if proxy projects can reach commercial operation under each policy path) Copyright Sustainable Energy Advantage, LLC. 9
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