SUPPLEMENT TO THE ONTARIO ENERGY BOARD STAFF PROPOSED ELECTRIC DISTRIBUTION RATE HANDBOOK, TABLE 4.2




Scenario Summary
  Current Values: 1.25 1.5 1.75 2
Changing Cells:
  • Base_productivity_factor
1.25% 1.25% 1.50% 1.75% 2.00%
  • Base_ROE_cap
10.00% 10.00% 11.00% 12.00% 13.00%
  • Achieved_productivity
3.00% 2.50% 2.50% 2.50% 2.50%
Result Cells:
  • Achieved_ROE_Case_1_Yr_1
9.5% 9.5% 9.5% 9.5% 9.5%
  • Achieved_ROE_Case_1_Yr_2
10.2% 10.0% 9.9% 9.8% 9.7%
  • Achieved_ROE_Case_1_Yr_3
10.9% 10.6% 10.3% 10.1% 9.8%

Notes: Current Values column represents values of changing cells at time Scenario Summary Report was created. Changing cells for each scenario are bolded.





Debt Rate 8% Schedule  
Tax Rate 44% Base productivity factor 1.25%
Rate Base 25000 Productivity increment 0.25%
Deemed CER 45% Base ROE cap 10.00%
Deemed Equity 11250 ROE increment 1.00%
Target ROE 9.75% Achieved productivity 3.00%
Base Expenses 7000  
BT ROE Expense 1959 Fully Levered Revenue Requirement 9000
Debt Expense 1100 Adjustment for TFP measurement 12%
Revenue Requirement 10059 Implicit Stretch Factor 40%
Inflation 2%  



  Case 1 Case 2 Case 3 Case 4 Case 5
Productivity Factor 1.25% 1.50% 1.75% 2.00% 2.25%
ROE Cap 10.0% 11% 12% 13% 14%
Achieved Productivity 3.0% 3.0% 3.0% 3.0% 3.0%



Case 1 Year 1 Year 2 Year 3
Revenue 10059 10134 10210
Expenses 7000 6930 6861
Net 3059 3204 3349
Less Debt 1959 2104 2249
Achieved ROE (Case 1) 9.75% 10.47% 11.20%
Capped ROE (Case 1) 9.75% 10.00% 10.00%



Case 2 Year 1 Year 2 Year 3
Revenue 10058 10109 10160
Expenses 7000 6930 6861
Net 3059 3179 6299
Less Debt 1959 2079 2199
Achieved ROE (Case 2) 9.75% 10.35% 10.95%
Capped ROE (Case 2) 9.75% 10.35% 10.95%



Case 3 Year 1 Year 2 Year 3
Revenue 10059 10084 10109
Expenses 7000 6930 6861
Net 3059 3154 3248
Less Debt 1959 2054 2148
Achieved ROE (Case 3) 9.75% 10.22% 10.69%
Capped ROE (Case 3) 9.75% 10.22% 10.69%



Case 4 Year 1 Year 2 Year 3
Revenue 10059 10059 10059
Expenses 7000 6930 6861
Net 3059 3129 3198
Less Debt 1959 2029 2098
Achieved ROE (Case 4) 9.75% 10.10% 10.44%
Capped ROE (Case 4) 9.75% 10.10% 10.44%



Case 5 Year 1 Year 2 Year 3
Revenue 10059 10034 10008
Expenses 7000 6930 6861
Net 3059 3104 3148
Less Debt 1959 2004 2048
Achieved ROE (Case 5) 9.75% 9.97% 10.19%
Capped ROE (Case 5) 9.75% 9.97% 10.19%



{short description of image}


Return to previous page