diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 09df3ff1..f9840614 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 3.9.65
+current_version = 3.10.13
 commit = True
 tag = True
 
diff --git a/.cookiecutterrc b/.cookiecutterrc
index 232e4711..225b1751 100644
--- a/.cookiecutterrc
+++ b/.cookiecutterrc
@@ -54,7 +54,7 @@ default_context:
     sphinx_doctest: "no"
     sphinx_theme: "sphinx-py3doc-enhanced-theme"
     test_matrix_separate_coverage: "no"
-    version: 3.9.65
+    version: 3.10.13
     version_manager: "bump2version"
     website: "https://github.com/NREL"
     year_from: "2023"
diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 30be8b34..1e63f57e 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -2,7 +2,7 @@
 #   pre-commit install --install-hooks
 # To update the versions:
 #   pre-commit autoupdate
-exclude: '^(\.tox|ci/templates|\.bumpversion\.cfg|src/geophires_x(?!/(GEOPHIRESv3|EconomicsSam|EconomicsSamCashFlow)\.py))(/|$)'
+exclude: '^(\.tox|ci/templates|\.bumpversion\.cfg|src/geophires_x(?!/(GEOPHIRESv3|EconomicsSam|EconomicsSamCashFlow|EconomicsUtils|EconomicsSamPreRevenue)\.py))(/|$)'
 # Note the order is intentional to avoid multiple passes of the hooks
 repos:
   - repo: https://github.com/astral-sh/ruff-pre-commit
diff --git a/README.rst b/README.rst
index 6531987d..aa6ab06d 100644
--- a/README.rst
+++ b/README.rst
@@ -58,9 +58,9 @@ Free software: `MIT license <LICENSE>`__
     :alt: Supported implementations
     :target: https://pypi.org/project/geophires-x
 
-.. |commits-since| image:: https://img.shields.io/github/commits-since/softwareengineerprogrammer/GEOPHIRES-X/v3.9.65.svg
+.. |commits-since| image:: https://img.shields.io/github/commits-since/softwareengineerprogrammer/GEOPHIRES-X/v3.10.13.svg
     :alt: Commits since latest release
-    :target: https://github.com/softwareengineerprogrammer/GEOPHIRES-X/compare/v3.9.65...main
+    :target: https://github.com/softwareengineerprogrammer/GEOPHIRES-X/compare/v3.10.13...main
 
 .. |docs| image:: https://readthedocs.org/projects/GEOPHIRES-X/badge/?style=flat
     :target: https://nrel.github.io/GEOPHIRES-X
diff --git a/docs/conf.py b/docs/conf.py
index a36c1647..f5fc09eb 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -18,7 +18,7 @@
 year = '2025'
 author = 'NREL'
 copyright = f'{year}, {author}'
-version = release = '3.9.65'
+version = release = '3.10.13'
 
 pygments_style = 'trac'
 templates_path = ['./templates']
diff --git a/setup.py b/setup.py
index bd70a3a4..fa5c9c08 100755
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@ def read(*names, **kwargs):
 
 setup(
     name='geophires-x',
-    version='3.9.65',
+    version='3.10.13',
     license='MIT',
     description='GEOPHIRES is a free and open-source geothermal techno-economic simulator.',
     long_description='{}\n{}'.format(
diff --git a/src/geophires_x/Economics.py b/src/geophires_x/Economics.py
index 8a2cd185..bc2b8b77 100644
--- a/src/geophires_x/Economics.py
+++ b/src/geophires_x/Economics.py
@@ -13,12 +13,14 @@
 from geophires_x.EconomicsUtils import BuildPricingModel, wacc_output_parameter, nominal_discount_rate_parameter, \
     real_discount_rate_parameter, after_tax_irr_parameter, moic_parameter, project_vir_parameter, \
     project_payback_period_parameter, inflation_cost_during_construction_output_parameter, \
-    total_capex_parameter_output_parameter
+    interest_during_construction_output_parameter, total_capex_parameter_output_parameter, \
+    overnight_capital_cost_output_parameter
 from geophires_x.GeoPHIRESUtils import quantity
 from geophires_x.OptionList import Configuration, WellDrillingCostCorrelation, EconomicModel, EndUseOptions, PlantType, \
     _WellDrillingCostCorrelationCitation
 from geophires_x.Parameter import intParameter, floatParameter, OutputParameter, ReadParameter, boolParameter, \
-    coerce_int_params_to_enum_values
+    coerce_int_params_to_enum_values, listParameter, Parameter
+from geophires_x.SurfacePlantUtils import MAX_CONSTRUCTION_YEARS
 from geophires_x.Units import *
 from geophires_x.WellBores import calculate_total_drilling_lengths_m
 
@@ -1050,28 +1052,43 @@ def __init__(self, model: Model):
                         'See https://github.com/NREL/GEOPHIRES-X/discussions/344 for further details.'
         )
 
+        default_fraction_in_bonds = 0.5
         self.FIB = self.ParameterDict[self.FIB.Name] = floatParameter(
             "Fraction of Investment in Bonds",
-            DefaultValue=0.5,
+            DefaultValue=default_fraction_in_bonds,
             Min=0.0,
             Max=1.0,
             UnitType=Units.PERCENT,
             PreferredUnits=PercentUnit.TENTH,
             CurrentUnits=PercentUnit.TENTH,
-            ErrMessage="assume default fraction of investment in bonds (0.5)",
-            ToolTipText="Fraction of geothermal project financing through bonds (debt)."
+            ErrMessage=f"assume default fraction of investment in bonds ({default_fraction_in_bonds})",
+            ToolTipText="Fraction of geothermal project financing through bonds (debt/loans)."
         )
+
+        default_bond_interest_rate = 0.05
         self.BIR = self.ParameterDict[self.BIR.Name] = floatParameter(
             "Inflated Bond Interest Rate",
-            DefaultValue=0.05,
+            DefaultValue=default_bond_interest_rate,
             Min=0.0,
             Max=1.0,
             UnitType=Units.PERCENT,
             PreferredUnits=PercentUnit.TENTH,
             CurrentUnits=PercentUnit.TENTH,
-            ErrMessage="assume default inflated bond interest rate (0.05)",
-            ToolTipText="Inflated bond interest rate (see docs)"
+            ErrMessage=f"assume default inflated bond interest rate ({default_bond_interest_rate})",
+            ToolTipText="Inflated bond interest rate (for debt/loans)"
         )
+
+        self.bond_interest_rate_during_construction = self.ParameterDict[self.bond_interest_rate_during_construction.Name] = floatParameter(
+            'Inflated Bond Interest Rate During Construction',
+            DefaultValue=self.BIR.DefaultValue,
+            Min=0.0,
+            Max=1.0,
+            UnitType=Units.PERCENT,
+            PreferredUnits=PercentUnit.TENTH,
+            CurrentUnits=PercentUnit.TENTH,
+            ToolTipText='Inflated bond interest rate during construction (for debt/loans)'
+        )
+
         self.EIR = self.ParameterDict[self.EIR.Name] = floatParameter(
             "Inflated Equity Interest Rate",
             DefaultValue=0.1,
@@ -1155,6 +1172,52 @@ def __init__(self, model: Model):
                         'calculated automatically by compounding Inflation Rate over Construction Years.'
         )
 
+        construction_capex_schedule_name = 'Construction CAPEX Schedule'
+        self.construction_capex_schedule = self.ParameterDict[self.construction_capex_schedule.Name] = listParameter(
+            construction_capex_schedule_name,
+            DefaultValue=[1.],
+            Min=0.0,
+            Max=1.0,
+            ToolTipText=f'A list of fractions of the total overnight CAPEX spent in each construction year. '
+                        f'For example, for 3 construction years with 10% in the first year, 40% in the second, '
+                        f'and 50% in the third, provide {construction_capex_schedule_name} = 0.1,0.4,0.5. '
+                        f'The schedule will be automatically interpolated to match the number of construction years '
+                        f'and normalized to sum to 1.0.'
+        )
+
+        bond_financing_start_year_name = 'Bond Financing Start Year'
+        min_bond_financing_start_year = -1*(MAX_CONSTRUCTION_YEARS - 1)
+        default_bond_financing_start_year = min_bond_financing_start_year
+        latest_allowed_bond_financing_start_year_index = 0
+        self.bond_financing_start_year = self.ParameterDict[self.bond_financing_start_year.Name] = intParameter(
+            bond_financing_start_year_name,
+            DefaultValue=default_bond_financing_start_year,
+            AllowableRange=list(range(
+                min_bond_financing_start_year,
+                latest_allowed_bond_financing_start_year_index + 1,
+                1)),
+            UnitType=Units.TIME,
+            PreferredUnits=TimeUnit.YEAR,
+            CurrentUnits=TimeUnit.YEAR,
+            ToolTipText=f'By default, bond financing (debt/loans) starts during the first construction year '
+                        f'(if {self.FIB.Name} is >0). '
+                        f'Provide {bond_financing_start_year_name} to delay the '
+                        f'start of bond financing during construction; years prior to {bond_financing_start_year_name} '
+                        f'will be financed with equity only. '
+                        f'The value is specified as a project year index corresponding to the Year row in the cash '
+                        f'flow profile; the first construction year has the year index '
+                        f'{{({model.surfaceplant.construction_years.Name} - 1) * -1}})'
+                        f' and the final construction year index is 0. '
+                        f'For example, a project with 4 construction years '
+                        f'where bond financing starts on the third '
+                        f'{model.surfaceplant.construction_years.Name[:-1].lower()} '
+                        f'would have a {bond_financing_start_year_name} value of -1; construction starts in Year -3, '
+                        f'the second year is Year -2, and the final 2 bond-financed construction years are Year -1 '
+                        f'and Year 0. '
+                        f'Bond financing will start on the first construction year if the specified year index is '
+                        f'prior to the first construction year.'
+        )
+
         self.contingency_percentage = self.ParameterDict[self.contingency_percentage.Name] = floatParameter(
             'Contingency Percentage',
             DefaultValue=15.,
@@ -2160,6 +2223,10 @@ def __init__(self, model: Model):
             PreferredUnits=PercentUnit.PERCENT,
             CurrentUnits=PercentUnit.PERCENT
         )
+
+        self.overnight_capital_cost = self.OutputParameterDict[
+            self.overnight_capital_cost.Name] = overnight_capital_cost_output_parameter()
+
         self.accrued_financing_during_construction_percentage = self.OutputParameterDict[
           self.accrued_financing_during_construction_percentage.Name] = OutputParameter(
             Name='Accrued financing during construction',
@@ -2167,15 +2234,15 @@ def __init__(self, model: Model):
             PreferredUnits=PercentUnit.PERCENT,
             CurrentUnits=PercentUnit.PERCENT,
             ToolTipText='The accrued inflation on total capital costs over the construction period, '
-                        f'as defined by {self.inflrateconstruction.Name}. '
-                        'For SAM Economic Models, this is calculated automatically by compounding '
-                        f'{self.RINFL.Name} over Construction Years '
-                        f'if {self.inflrateconstruction.Name} is not provided.'
+                        f'as defined by {self.inflrateconstruction.Name}.'
         )
 
         self.inflation_cost_during_construction = self.OutputParameterDict[
             self.inflation_cost_during_construction.Name] = inflation_cost_during_construction_output_parameter()
 
+        self.interest_during_construction = self.OutputParameterDict[
+            self.interest_during_construction.Name] = interest_during_construction_output_parameter()
+
         self.after_tax_irr = self.OutputParameterDict[self.after_tax_irr.Name] = (
             after_tax_irr_parameter())
         self.real_discount_rate = self.OutputParameterDict[self.real_discount_rate.Name] = (
@@ -2551,10 +2618,16 @@ def _warn(_msg: str) -> None:
             if self.econmodel.value == EconomicModel.SAM_SINGLE_OWNER_PPA:
                 EconomicsSam.validate_read_parameters(model)
             else:
-                if self.royalty_rate.Provided:
-                    raise NotImplementedError('Royalties are only supported for SAM Economic Models')
+                sam_em_only_params: list[Parameter] = [
+                    self.royalty_rate,
+                    # TODO other royalty params
+                    self.construction_capex_schedule,
+                    self.bond_financing_start_year
+                ]
+                for sam_em_only_param in sam_em_only_params:
+                    if sam_em_only_param.Provided:
+                        raise NotImplementedError(f'{sam_em_only_param.Name} is only supported for SAM Economic Models')
 
-                # TODO validate that other SAM-EM-only parameters have not been provided
         else:
             model.logger.info("No parameters read because no content provided")
 
@@ -3436,7 +3509,7 @@ def calculate_cashflow(self, model: Model) -> None:
 
     def _calculate_sam_economics(self, model: Model) -> None:
         non_calculated_output_placeholder_val = -1
-        self.sam_economics_calculations = calculate_sam_economics(model)
+        self.sam_economics_calculations: SamEconomicsCalculations = calculate_sam_economics(model)
 
         # Setting capex_total distinguishes capex from CCap's display name of 'Total capital costs',
         # since SAM Economic Model doesn't subtract ITC from this value.
@@ -3445,6 +3518,14 @@ def _calculate_sam_economics(self, model: Model) -> None:
         self.CCap.value = (self.sam_economics_calculations.capex.quantity()
                            .to(self.CCap.CurrentUnits.value).magnitude)
 
+        self.overnight_capital_cost.value = (self.sam_economics_calculations.overnight_capital_cost.quantity()
+                                             .to(self.overnight_capital_cost.CurrentUnits.value).magnitude)
+
+        self.interest_during_construction.value = quantity(
+            self.sam_economics_calculations.pre_revenue_costs_and_cash_flow.interest_during_construction_usd,
+            'USD'
+        ).to(self.interest_during_construction.CurrentUnits.value).magnitude
+
 
         if self.royalty_rate.Provided:
             # ignore pre-revenue year(s) (e.g. Year 0)
diff --git a/src/geophires_x/EconomicsSam.py b/src/geophires_x/EconomicsSam.py
index 0a58b8be..9b749cd1 100644
--- a/src/geophires_x/EconomicsSam.py
+++ b/src/geophires_x/EconomicsSam.py
@@ -1,7 +1,6 @@
 from __future__ import annotations
 
 import json
-import math
 import os
 from dataclasses import dataclass, field
 from functools import lru_cache
@@ -28,7 +27,7 @@
 from tabulate import tabulate
 
 from geophires_x import Model as Model
-from geophires_x.EconomicsSamCashFlow import _calculate_sam_economics_cash_flow
+from geophires_x.EconomicsSamCashFlow import _calculate_sam_economics_cash_flow, _SAM_CASH_FLOW_NAN_STR
 from geophires_x.EconomicsUtils import (
     BuildPricingModel,
     wacc_output_parameter,
@@ -39,6 +38,14 @@
     project_payback_period_parameter,
     total_capex_parameter_output_parameter,
     royalty_cost_output_parameter,
+    overnight_capital_cost_output_parameter,
+)
+from geophires_x.EconomicsSamPreRevenue import (
+    _TOTAL_AFTER_TAX_RETURNS_CASH_FLOW_ROW_NAME,
+    PreRevenueCostsAndCashflow,
+    calculate_pre_revenue_costs_and_cashflow,
+    _calculate_pre_revenue_costs_and_cashflow,
+    adjust_phased_schedule_to_new_length,
 )
 from geophires_x.GeoPHIRESUtils import is_float, is_int, sig_figs, quantity
 from geophires_x.OptionList import EconomicModel, EndUseOptions
@@ -49,6 +56,7 @@
 @dataclass
 class SamEconomicsCalculations:
     sam_cash_flow_profile: list[list[Any]]
+    pre_revenue_costs_and_cash_flow: PreRevenueCostsAndCashflow
 
     lcoe_nominal: OutputParameter = field(
         default_factory=lambda: OutputParameter(
@@ -57,6 +65,8 @@ class SamEconomicsCalculations:
         )
     )
 
+    overnight_capital_cost: OutputParameter = field(default_factory=overnight_capital_cost_output_parameter)
+
     capex: OutputParameter = field(default_factory=total_capex_parameter_output_parameter)
 
     royalties_opex: OutputParameter = field(default_factory=royalty_cost_output_parameter)
@@ -77,8 +87,83 @@ class SamEconomicsCalculations:
     project_payback_period: OutputParameter = field(default_factory=project_payback_period_parameter)
     """TODO remove or clarify project payback period: https://github.com/NREL/GEOPHIRES-X/issues/413"""
 
+    @property
+    def _pre_revenue_years_count(self) -> int:
+        return len(
+            self.pre_revenue_costs_and_cash_flow.pre_revenue_cash_flow_profile_dict[
+                _TOTAL_AFTER_TAX_RETURNS_CASH_FLOW_ROW_NAME
+            ]
+        )
+
+    @property
+    def sam_cash_flow_profile_all_years(self) -> list[list[Any]]:
+        ret: list[list[Any]] = self.sam_cash_flow_profile.copy()
+        col_count = len(self.sam_cash_flow_profile[0])
+
+        pre_revenue_years_to_insert = self._pre_revenue_years_count - 1
+
+        construction_rows: list[list[Any]] = [['CONSTRUCTION'] + [''] * (len(self.sam_cash_flow_profile[0]) - 1)]
+
+        for row_index in range(len(self.sam_cash_flow_profile)):
+            pre_revenue_row_content = [''] * pre_revenue_years_to_insert
+            insert_index = 1
+
+            if row_index == 0:
+                for pre_revenue_year in range(pre_revenue_years_to_insert):
+                    negative_year_index: int = self._pre_revenue_years_count - 1 - pre_revenue_year
+                    pre_revenue_row_content[pre_revenue_year] = f'Year -{negative_year_index}'
+
+                for _, row_ in enumerate(self.pre_revenue_costs_and_cash_flow.pre_revenue_cash_flow_profile):
+                    pre_revenue_row = row_.copy()
+                    pre_revenue_row.extend([''] * (col_count - len(pre_revenue_row)))
+                    construction_rows.append(pre_revenue_row)
+
+            #  TODO zero-vectors e.g. Debt principal payment ($)
+
+            adjusted_row = [ret[row_index][0]] + pre_revenue_row_content + ret[row_index][insert_index:]
+            ret[row_index] = adjusted_row
+
+        construction_rows.append([''] * len(self.sam_cash_flow_profile[0]))
+        for construction_row in reversed(construction_rows):
+            ret.insert(1, construction_row)
+
+        def _get_row_index(row_name_: str) -> list[Any]:
+            return [it[0] for it in ret].index(row_name_)
+
+        def _get_row(row_name__: str) -> list[Any]:
+            for r in ret:
+                if r[0] == row_name__:
+                    return r[1:]
+
+            raise ValueError(f'Could not find row with name {row_name__}')
+
+        after_tax_cash_flow: list[float] = (
+            _get_row('Total after-tax returns [construction] ($)')
+            + _get_row('Total after-tax returns ($)')[self._pre_revenue_years_count :]
+        )
+        after_tax_cash_flow = [float(it) for it in after_tax_cash_flow if is_float(it)]
+        npv_usd = []
+        irr_pct = []
+        for year in range(len(after_tax_cash_flow)):
+            npv_usd.append(
+                round(
+                    npf.npv(
+                        self.nominal_discount_rate.quantity().to('dimensionless').magnitude,
+                        after_tax_cash_flow[: year + 1],
+                    )
+                )
+            )
+
+            year_irr = npf.irr(after_tax_cash_flow[: year + 1]) * 100.0
+            irr_pct.append(year_irr if not isnan(year_irr) else _SAM_CASH_FLOW_NAN_STR)
+
+        ret[_get_row_index('After-tax cumulative NPV ($)')] = ['After-tax cumulative NPV ($)'] + npv_usd
+        ret[_get_row_index('After-tax cumulative IRR (%)')] = ['After-tax cumulative IRR (%)'] + irr_pct
+
+        return ret
 
-def validate_read_parameters(model: Model):
+
+def validate_read_parameters(model: Model) -> None:
     def _inv_msg(param_name: str, invalid_value: Any, supported_description: str) -> str:
         return (
             f'Invalid {param_name} ({invalid_value}) for '
@@ -96,15 +181,6 @@ def _inv_msg(param_name: str, invalid_value: Any, supported_description: str) ->
             )
         )
 
-    if model.surfaceplant.construction_years.value != 1:
-        raise ValueError(
-            _inv_msg(
-                model.surfaceplant.construction_years.Name,
-                model.surfaceplant.construction_years.value,
-                f'{model.surfaceplant.construction_years.Name}  = 1',
-            )
-        )
-
     gtr: floatParameter = model.economics.GTR
     if gtr.Provided:
         model.logger.warning(
@@ -118,6 +194,47 @@ def _inv_msg(param_name: str, invalid_value: Any, supported_description: str) ->
             f'{eir.Name} provided value ({eir.value}) will be ignored. (SAM Economics does not support {eir.Name}.)'
         )
 
+    econ = model.economics
+
+    econ.construction_capex_schedule.value = _validate_construction_capex_schedule(
+        econ.construction_capex_schedule,
+        model.surfaceplant.construction_years.value,
+        model.logger,
+    )
+
+    construction_years = model.surfaceplant.construction_years.value
+    if abs(econ.bond_financing_start_year.value) >= construction_years:
+        model.logger.debug(
+            f'{econ.bond_financing_start_year.Name} ({econ.bond_financing_start_year.value}) is earlier than '
+            f'first {model.surfaceplant.construction_years.Name[:-1]} ({-1 * (construction_years - 1)}). (OK)'
+        )
+
+
+def _validate_construction_capex_schedule(
+    econ_capex_schedule: listParameter, construction_years: int, model_logger
+) -> list[float]:
+    capex_schedule: list[float] = econ_capex_schedule.value.copy()
+
+    adjust_schedule_reasons: list[str] = []
+    if sum(capex_schedule) != 1.0:
+        adjust_schedule_reasons.append(f'does not sum to 1.0 (sums to {sum(capex_schedule)})')
+
+    capex_schedule_len = len(capex_schedule)
+    if capex_schedule_len != construction_years:
+        adjust_schedule_reasons.append(
+            f'length ({capex_schedule_len}) does not match ' f'construction years ({construction_years})'
+        )
+
+    if len(adjust_schedule_reasons) > 0:
+        capex_schedule = adjust_phased_schedule_to_new_length(econ_capex_schedule.value, construction_years)
+        msg = f'{econ_capex_schedule.Name} ({econ_capex_schedule.value}) '
+        msg += ' and '.join(adjust_schedule_reasons)
+        msg += f'. It has been adjusted to: {capex_schedule}'
+
+        model_logger.warning(msg)
+
+    return capex_schedule
+
 
 @lru_cache(maxsize=12)
 def calculate_sam_economics(model: Model) -> SamEconomicsCalculations:
@@ -165,19 +282,30 @@ def calculate_sam_economics(model: Model) -> SamEconomicsCalculations:
     def sf(_v: float, num_sig_figs: int = 5) -> float:
         return sig_figs(_v, num_sig_figs)
 
-    sam_economics: SamEconomicsCalculations = SamEconomicsCalculations(sam_cash_flow_profile=cash_flow)
+    sam_economics: SamEconomicsCalculations = SamEconomicsCalculations(
+        sam_cash_flow_profile=cash_flow,
+        pre_revenue_costs_and_cash_flow=calculate_pre_revenue_costs_and_cashflow(model),
+    )
+
+    sam_economics.overnight_capital_cost.value = (
+        model.economics.CCap.quantity().to(sam_economics.overnight_capital_cost.CurrentUnits.value).magnitude
+    )
+
     sam_economics.lcoe_nominal.value = sf(single_owner.Outputs.lcoe_nom)
     sam_economics.after_tax_irr.value = sf(_get_after_tax_irr_pct(single_owner, cash_flow, model))
 
-    sam_economics.project_npv.value = sf(single_owner.Outputs.project_return_aftertax_npv * 1e-6)
+    sam_economics.project_npv.value = sf(_get_project_npv_musd(single_owner, cash_flow, model))
     sam_economics.capex.value = single_owner.Outputs.adjusted_installed_cost * 1e-6
 
     if model.economics.royalty_rate.Provided:
         # Assumes that royalties opex is the only possible O&M production-based expense - this logic will need to be
         # updated if more O&M production-based expenses are added to SAM-EM
         sam_economics.royalties_opex.value = [
-            quantity(it, 'USD / year').to(sam_economics.royalties_opex.CurrentUnits).magnitude
-            for it in _cash_flow_profile_row(cash_flow, 'O&M production-based expense ($)')
+            *_pre_revenue_years_vector(model),
+            *[
+                quantity(it, 'USD / year').to(sam_economics.royalties_opex.CurrentUnits).magnitude
+                for it in _cash_flow_profile_row(cash_flow, 'O&M production-based expense ($)')
+            ],
         ]
 
     sam_economics.nominal_discount_rate.value, sam_economics.wacc.value = _calculate_nominal_discount_rate_and_wacc(
@@ -190,15 +318,39 @@ def sf(_v: float, num_sig_figs: int = 5) -> float:
     return sam_economics
 
 
+def _get_project_npv_musd(single_owner: Singleowner, cash_flow: list[list[Any]], model: Model) -> float:
+    """FIXME WIP"""
+
+    pre_revenue_costs: PreRevenueCostsAndCashflow = calculate_pre_revenue_costs_and_cashflow(model)
+    pre_revenue_cash_flow = pre_revenue_costs.total_after_tax_returns_cash_flow_usd
+    operational_cash_flow = _cash_flow_profile_row(cash_flow, 'Total after-tax returns ($)')
+    combined_cash_flow = pre_revenue_cash_flow + operational_cash_flow[1:]
+
+    # WIP
+
+    true_npv_usd = npf.npv(
+        _calculate_nominal_discount_rate_and_wacc(model, single_owner)[0] / 100.0, combined_cash_flow
+    )
+    return true_npv_usd * 1e-6  # Convert to M$
+
+    # return single_owner.Outputs.project_return_aftertax_npv * 1e-6
+
+
 def _get_after_tax_irr_pct(single_owner: Singleowner, cash_flow: list[list[Any]], model: Model) -> float:
-    after_tax_irr_pct = single_owner.Outputs.project_return_aftertax_irr
-    if math.isnan(after_tax_irr_pct):
-        try:
-            after_tax_returns_cash_flow = _cash_flow_profile_row(cash_flow, 'Total after-tax returns ($)')
-            after_tax_irr_pct = npf.irr(after_tax_returns_cash_flow) * 100.0
-            model.logger.info(f'After-tax IRR was NaN, calculated with numpy-financial: {after_tax_irr_pct}%')
-        except Exception as e:
-            model.logger.warning(f'After-tax IRR was NaN and calculation with numpy-financial failed: {e}')
+    pre_revenue_costs: PreRevenueCostsAndCashflow = calculate_pre_revenue_costs_and_cashflow(model)
+    pre_revenue_cash_flow = pre_revenue_costs.total_after_tax_returns_cash_flow_usd
+    operational_cash_flow = _cash_flow_profile_row(cash_flow, 'Total after-tax returns ($)')
+    combined_cash_flow = pre_revenue_cash_flow + operational_cash_flow[1:]
+    after_tax_irr_pct = npf.irr(combined_cash_flow) * 100.0
+
+    # after_tax_irr_pct = single_owner.Outputs.project_return_aftertax_irr
+    # if math.isnan(after_tax_irr_pct):
+    #     try:
+    #         after_tax_returns_cash_flow = _cash_flow_profile_row(cash_flow, 'Total after-tax returns ($)')
+    #         after_tax_irr_pct = npf.irr(after_tax_returns_cash_flow) * 100.0
+    #         model.logger.info(f'After-tax IRR was NaN, calculated with numpy-financial: {after_tax_irr_pct}%')
+    #     except Exception as e:
+    #         model.logger.warning(f'After-tax IRR was NaN and calculation with numpy-financial failed: {e}')
 
     return after_tax_irr_pct
 
@@ -212,6 +364,8 @@ def _calculate_nominal_discount_rate_and_wacc(model: Model, single_owner: Single
     Calculation per SAM Help -> Financial Parameters -> Commercial -> Commercial Loan Parameters -> WACC
 
     :return: tuple of Nominal Discount Rate (%), WACC (%)
+
+    FIXME WIP account for Bond Financing Start Year & Construction Bond Interest Rate
     """
 
     econ = model.economics
@@ -307,7 +461,7 @@ def get_entry_display(entry: Any) -> str:
                 return entry_display
         return entry
 
-    profile_display = model.economics.sam_economics_calculations.sam_cash_flow_profile.copy()
+    profile_display = model.economics.sam_economics_calculations.sam_cash_flow_profile_all_years.copy()
     for i in range(len(profile_display)):
         for j in range(len(profile_display[i])):
             profile_display[i][j] = get_entry_display(profile_display[i][j])
@@ -315,11 +469,15 @@ def get_entry_display(entry: Any) -> str:
     return tabulate(profile_display, **_tabulate_kw_args)
 
 
+def _analysis_period(model: Model) -> int:
+    return model.surfaceplant.plant_lifetime.value  # + _pre_revenue_years_count(model) - 1
+
+
 def _get_custom_gen_parameters(model: Model) -> dict[str, Any]:
     # fmt:off
     ret: dict[str, Any] = {
         # Project lifetime
-        'analysis_period': model.surfaceplant.plant_lifetime.value,
+        'analysis_period': _analysis_period(model),
         'user_capacity_factor': _pct(model.surfaceplant.utilization_factor),
     }
     # fmt:on
@@ -327,9 +485,18 @@ def _get_custom_gen_parameters(model: Model) -> dict[str, Any]:
     return ret
 
 
+def _pre_revenue_years_count(model: Model) -> int:
+    return model.surfaceplant.construction_years.value
+
+
+def _pre_revenue_years_vector(model: Model, v: float = 0.0) -> list[float]:
+    return [v] * (_pre_revenue_years_count(model) - 1)
+
+
 def _get_utility_rate_parameters(m: Model) -> dict[str, Any]:
     econ = m.economics
 
+    # noinspection PyDictCreation
     ret: dict[str, Any] = {}
 
     ret['inflation_rate'] = econ.RINFL.quantity().to(convertible_unit('%')).magnitude
@@ -355,37 +522,40 @@ def _get_single_owner_parameters(model: Model) -> dict[str, Any]:
     # noinspection PyDictCreation
     ret: dict[str, Any] = {}
 
-    ret['analysis_period'] = model.surfaceplant.plant_lifetime.value
+    ret['analysis_period'] = _analysis_period(model)
 
     # SAM docs claim that specifying flip target year, aka "year in which you want the IRR to be achieved" influences
     # how after-tax cumulative IRR is reported (https://samrepo.nrelcloud.org/help/mtf_irr.html). This claim seems to
     # be erroneous, however, as setting this value appears to have no effect in either the SAM desktop app nor when
     # calling with PySAM. But, we set it here anyway for the sake of technical compliance.
-    ret['flip_target_year'] = model.surfaceplant.plant_lifetime.value
+    ret['flip_target_year'] = _analysis_period(model)
 
-    total_capex = econ.CCap.quantity()
+    total_overnight_capex_usd = econ.CCap.quantity().to('USD').magnitude
+
+    total_installed_cost_usd: float
+    construction_financing_cost_usd: float
+    pre_revenue_costs: PreRevenueCostsAndCashflow = calculate_pre_revenue_costs_and_cashflow(model)
+    total_installed_cost_usd: float = pre_revenue_costs.total_installed_cost_usd
+    construction_financing_cost_usd: float = pre_revenue_costs.construction_financing_cost_usd
 
-    if econ.inflrateconstruction.Provided:
-        inflation_during_construction_factor = 1.0 + econ.inflrateconstruction.quantity().to('dimensionless').magnitude
-    else:
-        inflation_during_construction_factor = math.pow(
-            1.0 + econ.RINFL.value, model.surfaceplant.construction_years.value
-        )
     econ.accrued_financing_during_construction_percentage.value = (
-        quantity(inflation_during_construction_factor - 1, 'dimensionless')
+        quantity(construction_financing_cost_usd / total_overnight_capex_usd, 'dimensionless')
         .to(convertible_unit(econ.accrued_financing_during_construction_percentage.CurrentUnits))
         .magnitude
     )
 
     econ.inflation_cost_during_construction.value = (
-        (total_capex * (inflation_during_construction_factor - 1))
+        quantity(pre_revenue_costs.inflation_cost_usd, 'USD')
         .to(econ.inflation_cost_during_construction.CurrentUnits)
         .magnitude
     )
-    ret['total_installed_cost'] = (total_capex * inflation_during_construction_factor).to('USD').magnitude
+
+    # Pass the final, correct values to SAM
+    ret['total_installed_cost'] = total_installed_cost_usd
 
     opex_musd = econ.Coam.value
-    ret['om_fixed'] = [opex_musd * 1e6]
+    ret['om_fixed'] = [opex_musd * 1e6] * model.surfaceplant.plant_lifetime.value
+
     # GEOPHIRES assumes O&M fixed costs are not affected by inflation
     ret['om_fixed_escal'] = -1.0 * _pct(econ.RINFL)
 
@@ -399,6 +569,7 @@ def _get_single_owner_parameters(model: Model) -> dict[str, Any]:
 
     if econ.PTCElec.Provided:
         ret['ptc_fed_amount'] = [econ.PTCElec.quantity().to(convertible_unit('USD/kWh')).magnitude]
+
         ret['ptc_fed_term'] = econ.PTCDuration.quantity().to(convertible_unit('yr')).magnitude
 
         if econ.PTCInflationAdjusted.value:
@@ -414,8 +585,8 @@ def _get_single_owner_parameters(model: Model) -> dict[str, Any]:
     if model.economics.royalty_rate.Provided:
         ret['om_production'] = _get_royalties_variable_om_USD_per_MWh_schedule(model)
 
-    # Debt/equity ratio ('Fraction of Investment in Bonds' parameter)
-    ret['debt_percent'] = _pct(econ.FIB)
+    # Debt/equity ratio
+    ret['debt_percent'] = pre_revenue_costs.effective_debt_percent
 
     # Interest rate
     ret['real_discount_rate'] = _pct(econ.discountrate)
@@ -428,7 +599,7 @@ def _get_single_owner_parameters(model: Model) -> dict[str, Any]:
 
     if model.economics.DoAddOnCalculations.value:
         add_on_profit_per_year = np.sum(model.addeconomics.AddOnProfitGainedPerYear.quantity().to('USD/yr').magnitude)
-        add_on_profit_series = [add_on_profit_per_year]
+        add_on_profit_series = [add_on_profit_per_year] * model.surfaceplant.plant_lifetime.value
         ret['cp_capacity_payment_amount'] = add_on_profit_series
         ret['cp_capacity_payment_type'] = 1
 
diff --git a/src/geophires_x/EconomicsSamCashFlow.py b/src/geophires_x/EconomicsSamCashFlow.py
index 814f0e9d..532dc837 100644
--- a/src/geophires_x/EconomicsSamCashFlow.py
+++ b/src/geophires_x/EconomicsSamCashFlow.py
@@ -14,6 +14,8 @@
 
 import geophires_x.Model as Model
 
+_SAM_CASH_FLOW_NAN_STR = 'NaN'
+
 
 @lru_cache(maxsize=12)
 def _calculate_sam_economics_cash_flow(model: Model, single_owner: Singleowner) -> list[list[Any]]:
@@ -25,7 +27,8 @@ def _calculate_sam_economics_cash_flow(model: Model, single_owner: Singleowner)
 
     # TODO this and/or related logic will need to be adjusted when multiple construction years are supported
     #  https://github.com/NREL/GEOPHIRES-X/issues/406
-    total_duration = model.surfaceplant.plant_lifetime.value + model.surfaceplant.construction_years.value
+    # FIXME WIP update above comment for impl
+    total_duration = model.surfaceplant.plant_lifetime.value + 1  # + model.surfaceplant.construction_years.value
 
     # Prefix with 'Year ' partially as workaround for tabulate applying float formatting to ints, possibly related
     # to https://github.com/astanin/python-tabulate/issues/18
@@ -60,7 +63,7 @@ def adj(x_):
                 return x_
             else:
                 if math.isnan(x_):
-                    return 'NaN'
+                    return _SAM_CASH_FLOW_NAN_STR
 
                 return rnd(x_)
 
diff --git a/src/geophires_x/EconomicsSamPreRevenue.py b/src/geophires_x/EconomicsSamPreRevenue.py
new file mode 100644
index 00000000..f7064cc9
--- /dev/null
+++ b/src/geophires_x/EconomicsSamPreRevenue.py
@@ -0,0 +1,269 @@
+from __future__ import annotations
+
+import logging
+from dataclasses import dataclass, field
+from typing import Any
+
+import numpy as np
+from geophires_x.GeoPHIRESUtils import is_float
+from scipy.interpolate.interpolate import interp1d
+
+_TOTAL_AFTER_TAX_RETURNS_CASH_FLOW_ROW_NAME = 'Total after-tax returns ($)'
+_IDC_CASH_FLOW_ROW_NAME = 'Debt interest payment ($)'
+
+
+@dataclass
+class PreRevenueCostsAndCashflow:
+    total_installed_cost_usd: float
+    construction_financing_cost_usd: float
+    debt_balance_usd: float
+    inflation_cost_usd: float = 0.0
+
+    pre_revenue_cash_flow_profile: list[list[float | str]] = field(default_factory=list)
+
+    @property
+    def effective_debt_percent(self) -> float:
+        return self.debt_balance_usd / self.total_installed_cost_usd * 100.0
+
+    @property
+    def total_after_tax_returns_cash_flow_usd(self):
+        return self.pre_revenue_cash_flow_profile_dict[_TOTAL_AFTER_TAX_RETURNS_CASH_FLOW_ROW_NAME]
+
+    @property
+    def pre_revenue_cash_flow_profile_dict(self) -> dict[str, list[float]]:
+        """Maps SAM's row names (str) to a list of pre-revenue values"""
+        ret = {}
+
+        for i in range(len(self.pre_revenue_cash_flow_profile)):
+            row_name = self.pre_revenue_cash_flow_profile[i][0]
+            if row_name == '':
+                continue
+
+            row_name = row_name.replace(f'{_CONSTRUCTION_LINE_ITEM_DESIGNATOR} ', '')
+
+            row_values = self.pre_revenue_cash_flow_profile[i][1:]
+            ret[row_name] = row_values
+
+        return ret
+
+    @property
+    def interest_during_construction_usd(self) -> float:
+        return sum(
+            [float(it) for it in self.pre_revenue_cash_flow_profile_dict[_IDC_CASH_FLOW_ROW_NAME] if is_float(it)]
+        )
+
+
+def calculate_pre_revenue_costs_and_cashflow(model: 'Model') -> PreRevenueCostsAndCashflow:
+    econ = model.economics
+    if econ.inflrateconstruction.Provided:
+        pre_revenue_inflation_rate = econ.inflrateconstruction.quantity().to('dimensionless').magnitude
+    else:
+        pre_revenue_inflation_rate = econ.RINFL.quantity().to('dimensionless').magnitude
+
+    pre_revenue_bond_interest_rate_param = econ.BIR
+    if econ.bond_interest_rate_during_construction.Provided:
+        pre_revenue_bond_interest_rate_param = econ.bond_interest_rate_during_construction
+    pre_revenue_bond_interest_rate = pre_revenue_bond_interest_rate_param.quantity().to('dimensionless').magnitude
+
+    construction_years: int = model.surfaceplant.construction_years.value
+
+    # Translate from negative year index input value to start-year-0-indexed calculation value
+    debt_financing_start_year: int = max(
+        construction_years - abs(econ.bond_financing_start_year.value) - 1,
+        0,  # Treat bond financing years prior to construction as starting in the first year of construction
+    )
+
+    return _calculate_pre_revenue_costs_and_cashflow(
+        total_overnight_capex_usd=econ.CCap.quantity().to('USD').magnitude,
+        pre_revenue_years_count=construction_years,
+        phased_capex_schedule=econ.construction_capex_schedule.value,
+        pre_revenue_bond_interest_rate=pre_revenue_bond_interest_rate,
+        inflation_rate=pre_revenue_inflation_rate,
+        debt_fraction=econ.FIB.quantity().to('dimensionless').magnitude,
+        debt_financing_start_year=debt_financing_start_year,
+        logger=model.logger,
+    )
+
+
+_CONSTRUCTION_LINE_ITEM_DESIGNATOR = '[construction]'
+
+
+def _calculate_pre_revenue_costs_and_cashflow(
+    total_overnight_capex_usd: float,
+    pre_revenue_years_count: int,
+    phased_capex_schedule: list[float],
+    pre_revenue_bond_interest_rate: float,
+    inflation_rate: float,
+    debt_fraction: float,
+    debt_financing_start_year: int,
+    logger: logging.Logger,
+) -> PreRevenueCostsAndCashflow:
+    """
+    Calculates the true capitalized cost and interest during pre-revenue years (exploration/permitting/appraisal,
+    construction) by simulating a year-by-year phased expenditure with inflation.
+
+    Also builds a pre-revenue cash flow profile for constructionrevenue years.
+    """
+
+    logger.info(f"Using Phased CAPEX Schedule: {phased_capex_schedule}")
+
+    current_debt_balance_usd = 0.0
+    total_capitalized_cost_usd = 0.0
+    total_interest_accrued_usd = 0.0
+    total_inflation_cost_usd = 0.0
+
+    capex_spend_vec: list[float] = []
+    equity_spend_vec: list[float] = []
+    debt_draw_vec: list[float] = []
+    debt_balance_usd_vec: list[float] = []
+    interest_accrued_vec: list[float] = []
+
+    for year_index in range(pre_revenue_years_count):
+        base_capex_this_year_usd = total_overnight_capex_usd * phased_capex_schedule[year_index]
+
+        inflation_factor = (1.0 + inflation_rate) ** (year_index + 1)
+        inflation_cost_this_year_usd = base_capex_this_year_usd * (inflation_factor - 1.0)
+
+        capex_this_year_usd = base_capex_this_year_usd + inflation_cost_this_year_usd
+
+        # Interest is calculated on the opening balance (from previous years' draws)
+        interest_this_year_usd = current_debt_balance_usd * pre_revenue_bond_interest_rate
+
+        debt_fraction_this_year = debt_fraction if year_index >= debt_financing_start_year else 0
+        new_debt_draw_usd = capex_this_year_usd * debt_fraction_this_year
+
+        # Equity spend is the cash portion of CAPEX not funded by new debt
+        equity_spent_this_year_usd = capex_this_year_usd - new_debt_draw_usd
+
+        capex_spend_vec.append(capex_this_year_usd)
+        equity_spend_vec.append(equity_spent_this_year_usd)
+        debt_draw_vec.append(new_debt_draw_usd)
+        interest_accrued_vec.append(interest_this_year_usd)
+
+        total_capitalized_cost_usd += capex_this_year_usd + interest_this_year_usd
+        total_interest_accrued_usd += interest_this_year_usd
+        total_inflation_cost_usd += inflation_cost_this_year_usd
+
+        current_debt_balance_usd += new_debt_draw_usd + interest_this_year_usd
+        debt_balance_usd_vec.append(current_debt_balance_usd)
+
+    logger.info(
+        f"Phased CAPEX calculation complete: "
+        f"Total Installed Cost: ${total_capitalized_cost_usd:,.2f}, "
+        f"Final Debt Balance: ${current_debt_balance_usd:,.2f}, "
+        f"Total Capitalized Interest: ${total_interest_accrued_usd:,.2f}"
+    )
+
+    pre_revenue_cf_profile: list[list[float | str]] = []
+
+    blank_row = [''] * len(capex_spend_vec)
+
+    def _rnd(k_, v_: Any) -> Any:
+        return round(float(v_)) if k_.endswith('($)') and is_float(v_) else v_
+
+    def _append_row(row_name: str, row_vals: list[float | str]) -> None:
+        row_name_adjusted = row_name.split('(')[0] + f'{_CONSTRUCTION_LINE_ITEM_DESIGNATOR} (' + row_name.split('(')[1]
+        pre_revenue_cf_profile.append([row_name_adjusted] + [_rnd(row_name, it) for it in row_vals])
+
+    # --- Investing Activities ---
+    _append_row(f'Purchase of property ($)', [-x for x in capex_spend_vec])
+    _append_row(
+        f'Cash flow from investing activities ($)',
+        # 'CAPEX spend ($)'
+        [-x for x in capex_spend_vec],
+    )
+
+    pre_revenue_cf_profile.append(blank_row.copy())
+
+    # --- Financing Activities ---
+    _append_row(
+        f'Issuance of equity ($)',
+        [abs(it) for it in equity_spend_vec],
+    )
+
+    _append_row(
+        # 'Debt draw ($)'
+        f'Issuance of debt ($)',
+        debt_draw_vec,
+    )
+
+    _append_row(
+        f'Debt balance ($)'
+        # 'Size of debt ($)'
+        ,
+        debt_balance_usd_vec,
+    )
+
+    _append_row(_IDC_CASH_FLOW_ROW_NAME, interest_accrued_vec)
+
+    _append_row(f'Cash flow from financing activities ($)', [e + d for e, d in zip(equity_spend_vec, debt_draw_vec)])
+
+    pre_revenue_cf_profile.append(blank_row.copy())
+
+    # --- Returns ---
+    equity_cash_flow_usd = [-x for x in equity_spend_vec]
+    _append_row(f'Total pre-tax returns ($)', equity_cash_flow_usd)
+    _append_row(_TOTAL_AFTER_TAX_RETURNS_CASH_FLOW_ROW_NAME, equity_cash_flow_usd)
+
+    return PreRevenueCostsAndCashflow(
+        total_installed_cost_usd=total_capitalized_cost_usd,
+        construction_financing_cost_usd=total_interest_accrued_usd,
+        debt_balance_usd=current_debt_balance_usd,
+        inflation_cost_usd=total_inflation_cost_usd,
+        # pre_revenue_cash_flow_profile_dict=pre_revenue_cf_profile_dict,
+        pre_revenue_cash_flow_profile=pre_revenue_cf_profile,
+    )
+
+
+def adjust_phased_schedule_to_new_length(original_schedule: list[float], new_length: int) -> list[float]:
+    """
+    Adjusts a schedule (list of fractions) to a new length by interpolation,
+    then normalizes the result to ensure it sums to 1.0.
+
+    Args:
+        original_schedule: The initial list of fractional values.
+        new_length: The desired length of the new schedule.
+
+    Returns:
+        A new schedule of the desired length with its values summing to 1.0.
+    """
+
+    if new_length < 1:
+        raise ValueError
+
+    if not original_schedule:
+        raise ValueError
+
+    original_len = len(original_schedule)
+    if original_len == new_length:
+        # Even if lengths match, we must normalize to ensure sum is 1.0
+        total = sum(original_schedule)
+        if total == 0:
+            return [1.0 / new_length] * new_length
+        return [x / total for x in original_schedule]
+
+    if original_len == 1:
+        # Interpolation is not possible with a single value; return a constant schedule
+        return [1.0 / new_length] * new_length
+
+    # Create an interpolation function based on the original schedule
+    x_original = np.arange(original_len)
+    y_original = np.array(original_schedule)
+
+    # Use linear interpolation, and extrapolate if the new schedule is longer
+    f = interp1d(x_original, y_original, kind='nearest', fill_value="extrapolate")
+
+    # Create new x-points for the desired length
+    x_new = np.linspace(0, original_len - 1, new_length)
+
+    # Get the new, projected y-values
+    y_new = f(x_new)
+
+    # Normalize the new schedule so it sums to 1.0
+    total = np.sum(y_new)
+    if total == 0:
+        # Avoid division by zero; return an equal distribution
+        return [1.0 / new_length] * new_length
+
+    normalized_schedule = (y_new / total).tolist()
+    return normalized_schedule
diff --git a/src/geophires_x/EconomicsUtils.py b/src/geophires_x/EconomicsUtils.py
index ecce0953..8e93ffc2 100644
--- a/src/geophires_x/EconomicsUtils.py
+++ b/src/geophires_x/EconomicsUtils.py
@@ -4,8 +4,14 @@
 from geophires_x.Units import Units, PercentUnit, TimeUnit, CurrencyUnit, CurrencyFrequencyUnit
 
 
-def BuildPricingModel(plantlifetime: int, StartPrice: float, EndPrice: float,
-                      EscalationStartYear: int, EscalationRate: float, PTCAddition: list) -> list:
+def BuildPricingModel(
+    plantlifetime: int,
+    StartPrice: float,
+    EndPrice: float,
+    EscalationStartYear: int,
+    EscalationRate: float,
+    PTCAddition: list,
+) -> list:
     """
     BuildPricingModel builds the price model array for the project lifetime.  It is used to calculate the revenue
     stream for the project.
@@ -41,11 +47,11 @@ def moic_parameter() -> OutputParameter:
     return OutputParameter(
         "Project MOIC",
         ToolTipText='Project Multiple of Invested Capital. For SAM Economic Models, this is calculated as the '
-                    'sum of Total pre-tax returns (total value received) '
-                    'divided by Issuance of equity (total capital invested).',
+        'sum of Total pre-tax returns (total value received) '
+        'divided by Issuance of equity (total capital invested).',
         UnitType=Units.PERCENT,
         PreferredUnits=PercentUnit.TENTH,
-        CurrentUnits=PercentUnit.TENTH
+        CurrentUnits=PercentUnit.TENTH,
     )
 
 
@@ -55,7 +61,7 @@ def project_vir_parameter() -> OutputParameter:
         display_name='Project VIR=PI=PIR',
         UnitType=Units.PERCENT,
         PreferredUnits=PercentUnit.TENTH,
-        CurrentUnits=PercentUnit.TENTH
+        CurrentUnits=PercentUnit.TENTH,
     )
 
 
@@ -66,8 +72,8 @@ def project_payback_period_parameter() -> OutputParameter:
         PreferredUnits=TimeUnit.YEAR,
         CurrentUnits=TimeUnit.YEAR,
         ToolTipText='The time at which cumulative cash flow reaches zero. '
-                    'For projects that never pay back, the calculated value will be "N/A". '
-                    'For SAM Economic Models, total after-tax returns are used to calculate cumulative cash flow.',
+        'For projects that never pay back, the calculated value will be "N/A". '
+        'For SAM Economic Models, total after-tax returns are used to calculate cumulative cash flow.',
     )
 
 
@@ -78,10 +84,10 @@ def after_tax_irr_parameter() -> OutputParameter:
         CurrentUnits=PercentUnit.PERCENT,
         PreferredUnits=PercentUnit.PERCENT,
         ToolTipText='The After-tax IRR (internal rate of return) is the nominal discount rate that corresponds to '
-                    'a net present value (NPV) of zero for PPA SAM Economic models. '
-                    'See https://samrepo.nrelcloud.org/help/mtf_irr.html. If SAM calculates After-tax IRR as NaN, '
-                    'numpy-financial.irr (https://numpy.org/numpy-financial/latest/irr.html) '
-                    'is used to calculate the value from SAM\'s total after-tax returns.'
+        'a net present value (NPV) of zero for PPA SAM Economic models. '
+        'See https://samrepo.nrelcloud.org/help/mtf_irr.html. If SAM calculates After-tax IRR as NaN, '
+        'numpy-financial.irr (https://numpy.org/numpy-financial/latest/irr.html) '
+        'is used to calculate the value from SAM\'s total after-tax returns.',
     )
 
 
@@ -98,10 +104,10 @@ def nominal_discount_rate_parameter() -> OutputParameter:
     return OutputParameter(
         Name="Nominal Discount Rate",
         ToolTipText="Nominal Discount Rate is displayed for SAM Economic Models. "
-                    "It is calculated "
-                    "per https://samrepo.nrelcloud.org/help/fin_single_owner.html?q=nominal+discount+rate: "
-                    "Nominal Discount Rate = [ ( 1 + Real Discount Rate ÷ 100 ) "
-                    "× ( 1 + Inflation Rate ÷ 100 ) - 1 ] × 100.",
+        "It is calculated "
+        "per https://samrepo.nrelcloud.org/help/fin_single_owner.html?q=nominal+discount+rate: "
+        "Nominal Discount Rate = [ ( 1 + Real Discount Rate ÷ 100 ) "
+        "× ( 1 + Inflation Rate ÷ 100 ) - 1 ] × 100.",
         UnitType=Units.PERCENT,
         CurrentUnits=PercentUnit.PERCENT,
         PreferredUnits=PercentUnit.PERCENT,
@@ -112,24 +118,49 @@ def wacc_output_parameter() -> OutputParameter:
     return OutputParameter(
         Name='WACC',
         ToolTipText='Weighted Average Cost of Capital displayed for SAM Economic Models. '
-                    'It is calculated per https://samrepo.nrelcloud.org/help/fin_commercial.html?q=wacc: '
-                    'WACC = [ Nominal Discount Rate ÷ 100 × (1 - Debt Percent ÷ 100) '
-                    '+ Debt Percent ÷ 100 × Loan Rate ÷ 100 ×  (1 - Effective Tax Rate ÷ 100 ) ] × 100; '
-                    'Effective Tax Rate = [ Federal Tax Rate ÷ 100 × ( 1 - State Tax Rate ÷ 100 ) '
-                    '+ State Tax Rate ÷ 100 ] × 100; ',
+        'It is calculated per https://samrepo.nrelcloud.org/help/fin_commercial.html?q=wacc: '
+        'WACC = [ Nominal Discount Rate ÷ 100 × (1 - Debt Percent ÷ 100) '
+        '+ Debt Percent ÷ 100 × Loan Rate ÷ 100 ×  (1 - Effective Tax Rate ÷ 100 ) ] × 100; '
+        'Effective Tax Rate = [ Federal Tax Rate ÷ 100 × ( 1 - State Tax Rate ÷ 100 ) '
+        '+ State Tax Rate ÷ 100 ] × 100; ',
         UnitType=Units.PERCENT,
         CurrentUnits=PercentUnit.PERCENT,
         PreferredUnits=PercentUnit.PERCENT,
     )
 
 
+def overnight_capital_cost_output_parameter() -> OutputParameter:
+    return OutputParameter(
+        Name='Overnight Capital Cost',
+        UnitType=Units.CURRENCY,
+        PreferredUnits=CurrencyUnit.MDOLLARS,
+        CurrentUnits=CurrencyUnit.MDOLLARS,
+        ToolTipText='Overnight Capital Cost (OCC) represents the total capital cost required '
+        'to construct the plant if it were built instantly ("overnight"). '
+        'This value excludes time-dependent costs such as inflation and '
+        'interest incurred during the construction period.',
+    )
+
+
 def inflation_cost_during_construction_output_parameter() -> OutputParameter:
     return OutputParameter(
         Name='Inflation costs during construction',
         UnitType=Units.CURRENCY,
         PreferredUnits=CurrencyUnit.MDOLLARS,
         CurrentUnits=CurrencyUnit.MDOLLARS,
-        ToolTipText='The calculated amount of cost escalation due to inflation over the construction period.'
+        ToolTipText='The calculated amount of cost escalation due to inflation over the construction period.',
+    )
+
+
+def interest_during_construction_output_parameter() -> OutputParameter:
+    return OutputParameter(
+        Name='Interest during construction',
+        UnitType=Units.CURRENCY,
+        PreferredUnits=CurrencyUnit.MDOLLARS,
+        CurrentUnits=CurrencyUnit.MDOLLARS,
+        ToolTipText='Interest During Construction (IDC) is the total accumulated interest '
+        'incurred on debt during the construction phase. This cost is capitalized '
+        '(added to the loan principal and total installed cost) rather than paid in cash.',
     )
 
 
@@ -140,18 +171,18 @@ def total_capex_parameter_output_parameter() -> OutputParameter:
         CurrentUnits=CurrencyUnit.MDOLLARS,
         PreferredUnits=CurrencyUnit.MDOLLARS,
         ToolTipText='The total capital expenditure (CAPEX) required to construct the plant. '
-                    'This value includes all direct and indirect costs, and contingency. '
-                    'For SAM Economic models, it also includes any cost escalation from inflation during construction. '
-                    'It is used as the total installed cost input for SAM Economic Models.'
+        'This value includes all direct and indirect costs, and contingency. '
+        'For SAM Economic models, it also includes any cost escalation from inflation during construction. '
+        'It is used as the total installed cost input for SAM Economic Models.',
     )
 
 
 def royalty_cost_output_parameter() -> OutputParameter:
     return OutputParameter(
-            Name='Royalty Cost',
-            UnitType=Units.CURRENCYFREQUENCY,
-            PreferredUnits=CurrencyFrequencyUnit.DOLLARSPERYEAR,
-            CurrentUnits=CurrencyFrequencyUnit.DOLLARSPERYEAR,
-            ToolTipText='The annual costs paid to a royalty holder, calculated as a percentage of the '
-                        'project\'s gross annual revenue. This is modeled as a variable operating expense.'
-        )
+        Name='Royalty Cost',
+        UnitType=Units.CURRENCYFREQUENCY,
+        PreferredUnits=CurrencyFrequencyUnit.DOLLARSPERYEAR,
+        CurrentUnits=CurrencyFrequencyUnit.DOLLARSPERYEAR,
+        ToolTipText='The annual costs paid to a royalty holder, calculated as a percentage of the '
+        'project\'s gross annual revenue. This is modeled as a variable operating expense.',
+    )
diff --git a/src/geophires_x/Outputs.py b/src/geophires_x/Outputs.py
index 6dbd57c6..de083546 100644
--- a/src/geophires_x/Outputs.py
+++ b/src/geophires_x/Outputs.py
@@ -274,9 +274,10 @@ def PrintOutputs(self, model: Model):
                         label = Outputs._field_label(field.Name, 49)
                         f.write(f'      {label}{field.value:10.2f} {field.CurrentUnits.value}\n')
 
-                acf: OutputParameter = econ.accrued_financing_during_construction_percentage
-                acf_label = Outputs._field_label(acf.display_name, 49)
-                f.write(f'      {acf_label}{acf.value:10.2f} {acf.CurrentUnits.value}\n')
+                if not is_sam_econ_model:  # (parameter is ambiguous to the point of meaninglessness for SAM-EM)
+                    acf: OutputParameter = econ.accrued_financing_during_construction_percentage
+                    acf_label = Outputs._field_label(acf.display_name, 49)
+                    f.write(f'      {acf_label}{acf.value:10.2f} {acf.CurrentUnits.value}\n')
 
                 display_inflation_costs_in_economic_parameters: bool = (
                     econ.econmodel.value in [EconomicModel.BICYCLE,
@@ -514,15 +515,27 @@ def PrintOutputs(self, model: Model):
                         #  expenditure.
                         pass
 
-                display_inflation_during_construction_in_capital_costs = is_sam_econ_model
-                if display_inflation_during_construction_in_capital_costs:
+                display_occ_and_inflation_during_construction_in_capital_costs = is_sam_econ_model
+                if display_occ_and_inflation_during_construction_in_capital_costs:
+                    occ_label = Outputs._field_label(econ.overnight_capital_cost.display_name, 47)
+                    f.write(
+                        f'         {occ_label}{econ.overnight_capital_cost.value:10.2f} {econ.overnight_capital_cost.CurrentUnits.value}\n')
+
+                display_idc_in_capital_costs = is_sam_econ_model \
+                                                       and model.surfaceplant.construction_years.value > 1
+                if display_idc_in_capital_costs:
+                    idc_label = Outputs._field_label(econ.interest_during_construction.display_name, 47)
+                    f.write(
+                        f'         {idc_label}{econ.interest_during_construction.value:10.2f} {econ.interest_during_construction.CurrentUnits.value}\n')
+
+                if display_occ_and_inflation_during_construction_in_capital_costs:
                     icc_label = Outputs._field_label(econ.inflation_cost_during_construction.display_name, 47)
                     f.write(f'         {icc_label}{econ.inflation_cost_during_construction.value:10.2f} {econ.inflation_cost_during_construction.CurrentUnits.value}\n')
 
-                    if econ.DoAddOnCalculations.value:
-                        # Non-SAM econ models print this in Extended Economics profile
-                        aoc_label = Outputs._field_label(model.addeconomics.AddOnCAPEXTotal.display_name, 47)
-                        f.write(f'         {aoc_label}{model.addeconomics.AddOnCAPEXTotal.value:10.2f} {model.addeconomics.AddOnCAPEXTotal.CurrentUnits.value}\n')
+                if is_sam_econ_model and econ.DoAddOnCalculations.value:
+                    # Non-SAM econ models print this in Extended Economics profile
+                    aoc_label = Outputs._field_label(model.addeconomics.AddOnCAPEXTotal.display_name, 47)
+                    f.write(f'         {aoc_label}{model.addeconomics.AddOnCAPEXTotal.value:10.2f} {model.addeconomics.AddOnCAPEXTotal.CurrentUnits.value}\n')
 
                 capex_param = econ.CCap if not is_sam_econ_model else econ.capex_total
                 capex_label = Outputs._field_label(capex_param.display_name, 50)
diff --git a/src/geophires_x/Parameter.py b/src/geophires_x/Parameter.py
index 135df672..8d725336 100644
--- a/src/geophires_x/Parameter.py
+++ b/src/geophires_x/Parameter.py
@@ -428,7 +428,18 @@ def _read_list_parameter(ParameterReadIn: ParameterEntry, ParamToModify, model)
     :type model: :class:`~geophires_x.Model.Model`
     """
 
-    if ' ' in ParamToModify.Name:
+    def _is_int(o: Any) -> bool:
+        try:
+            float_n = float(o)
+            int_n = int(float_n)
+        except ValueError:
+            return False
+        else:
+            return float_n == int_n
+
+    is_positional_parameter = ' ' in ParameterReadIn.Name and _is_int(ParamToModify.Name.split(' ')[-1])
+    #if ' ' in ParamToModify.Name:
+    if is_positional_parameter:
         New_val = float(ParameterReadIn.sValue)
         # Some list parameters are read in with enumerated parameter names;  in these cases we use the last
         # character of the description to get the position i.e., "Gradient 1" is position 0.
diff --git a/src/geophires_x/SurfacePlant.py b/src/geophires_x/SurfacePlant.py
index 9ac33f6d..798cbcca 100644
--- a/src/geophires_x/SurfacePlant.py
+++ b/src/geophires_x/SurfacePlant.py
@@ -4,6 +4,7 @@
 from .OptionList import EndUseOptions, PlantType
 from .Parameter import floatParameter, intParameter, OutputParameter, ReadParameter, \
     coerce_int_params_to_enum_values
+from .SurfacePlantUtils import MAX_CONSTRUCTION_YEARS
 from .Units import *
 import geophires_x.Model as Model
 
@@ -408,15 +409,17 @@ def __init__(self, model: Model):
             ErrMessage="assume default heat rate ($0.02/kWh)",
             ToolTipText="Price of heat to calculate revenue from heat sales in CHP mode."
         )
+
+        default_construction_years = 1
         self.construction_years = self.ParameterDict[self.construction_years.Name] = intParameter(
             "Construction Years",
-            DefaultValue=1,
-            AllowableRange=list(range(1, 15, 1)),
+            DefaultValue=default_construction_years,
+            AllowableRange=list(range(1, MAX_CONSTRUCTION_YEARS + 1, 1)),
             UnitType=Units.NONE,
-            ErrMessage="assume default number of years in construction (1)",
+            ErrMessage=f'assume default number of years in construction ({default_construction_years})',
             ToolTipText='Number of years spent in construction (assumes whole years, no fractions). '
-                        'Capital costs are spread evenly over construction years e.g. if total capital costs are '
-                        '$500M and there are 2 construction years, '
+                        'By default, capital costs are spread evenly over construction years e.g. if total capital '
+                        'costs are $500M and there are 2 construction years, '
                         'then $250M will be spent in both the first and second construction years.'
         )
         self.cp_fluid = self.ParameterDict[self.cp_fluid.Name] = floatParameter(
diff --git a/src/geophires_x/SurfacePlantUtils.py b/src/geophires_x/SurfacePlantUtils.py
new file mode 100644
index 00000000..7dc5650d
--- /dev/null
+++ b/src/geophires_x/SurfacePlantUtils.py
@@ -0,0 +1 @@
+MAX_CONSTRUCTION_YEARS = 15
diff --git a/src/geophires_x/__init__.py b/src/geophires_x/__init__.py
index 72e0110f..0b7519bc 100644
--- a/src/geophires_x/__init__.py
+++ b/src/geophires_x/__init__.py
@@ -1 +1 @@
-__version__ = '3.9.65'
+__version__ = '3.10.13'
diff --git a/src/geophires_x_client/geophires_x_result.py b/src/geophires_x_client/geophires_x_result.py
index e4d143fa..91b14c26 100644
--- a/src/geophires_x_client/geophires_x_result.py
+++ b/src/geophires_x_client/geophires_x_result.py
@@ -266,8 +266,10 @@ class GeophiresXResult:
                 'Total surface equipment costs',
                 'Exploration costs',
                 'Investment Tax Credit',
+                'Overnight Capital Cost',
                 # Displayed for economic models that treat inflation costs as capital costs (SAM-EM)
                 'Inflation costs during construction',
+                'Interest during construction',
                 'Total Add-on CAPEX',
                 'Total capital costs',
                 'Annualized capital costs',
diff --git a/src/geophires_x_schema_generator/geophires-request.json b/src/geophires_x_schema_generator/geophires-request.json
index 0788b878..b974f6e1 100644
--- a/src/geophires_x_schema_generator/geophires-request.json
+++ b/src/geophires_x_schema_generator/geophires-request.json
@@ -1261,13 +1261,13 @@
       "maximum": 1.0
     },
     "Construction Years": {
-      "description": "Number of years spent in construction (assumes whole years, no fractions). Capital costs are spread evenly over construction years e.g. if total capital costs are $500M and there are 2 construction years, then $250M will be spent in both the first and second construction years.",
+      "description": "Number of years spent in construction (assumes whole years, no fractions). By default, capital costs are spread evenly over construction years e.g. if total capital costs are $500M and there are 2 construction years, then $250M will be spent in both the first and second construction years.",
       "type": "integer",
       "units": null,
       "category": "Surface Plant",
       "default": 1,
       "minimum": 1,
-      "maximum": 14
+      "maximum": 15
     },
     "Working Fluid Heat Capacity": {
       "description": "Heat capacity of the working fluid",
@@ -1684,7 +1684,7 @@
       "maximum": null
     },
     "Fraction of Investment in Bonds": {
-      "description": "Fraction of geothermal project financing through bonds (debt).",
+      "description": "Fraction of geothermal project financing through bonds (debt/loans).",
       "type": "number",
       "units": "",
       "category": "Economics",
@@ -1693,7 +1693,16 @@
       "maximum": 1.0
     },
     "Inflated Bond Interest Rate": {
-      "description": "Inflated bond interest rate (see docs)",
+      "description": "Inflated bond interest rate (for debt/loans)",
+      "type": "number",
+      "units": "",
+      "category": "Economics",
+      "default": 0.05,
+      "minimum": 0.0,
+      "maximum": 1.0
+    },
+    "Inflated Bond Interest Rate During Construction": {
+      "description": "Inflated bond interest rate during construction (for debt/loans)",
       "type": "number",
       "units": "",
       "category": "Economics",
@@ -1764,6 +1773,26 @@
       "minimum": 0.0,
       "maximum": 1.0
     },
+    "Construction CAPEX Schedule": {
+      "description": "A list of fractions of the total overnight CAPEX spent in each construction year. For example, for 3 construction years with 10% in the first year, 40% in the second, and 50% in the third, provide Construction CAPEX Schedule = 0.1,0.4,0.5. The schedule will be automatically interpolated to match the number of construction years and normalized to sum to 1.0.",
+      "type": "array",
+      "units": null,
+      "category": "Economics",
+      "default": [
+        1.0
+      ],
+      "minimum": 0.0,
+      "maximum": 1.0
+    },
+    "Bond Financing Start Year": {
+      "description": "By default, bond financing (debt/loans) starts during the first construction year (if Fraction of Investment in Bonds is >0). Provide Bond Financing Start Year to delay the start of bond financing during construction; years prior to Bond Financing Start Year will be financed with equity only. The value is specified as a project year index corresponding to the Year row in the cash flow profile; the first construction year has the year index {(Construction Years - 1) * -1}) and the final construction year index is 0. For example, a project with 4 construction years where bond financing starts on the third construction year would have a Bond Financing Start Year value of -1; construction starts in Year -3, the second year is Year -2, and the final 2 bond-financed construction years are Year -1 and Year 0. Bond financing will start on the first construction year if the specified year index is prior to the first construction year.",
+      "type": "integer",
+      "units": "yr",
+      "category": "Economics",
+      "default": -14,
+      "minimum": -14,
+      "maximum": 0
+    },
     "Contingency Percentage": {
       "description": "The contingency percentage applied to the direct capital costs for stimulation, field gathering system, exploration, and surface plant. (Note: well drilling and completion costs do not have contingency applied and are not affected by this parameter.)",
       "type": "number",
diff --git a/src/geophires_x_schema_generator/geophires-result.json b/src/geophires_x_schema_generator/geophires-result.json
index d14644b6..59eb9969 100644
--- a/src/geophires_x_schema_generator/geophires-result.json
+++ b/src/geophires_x_schema_generator/geophires-result.json
@@ -101,7 +101,7 @@
         },
         "Accrued financing during construction": {
           "type": "number",
-          "description": "The accrued inflation on total capital costs over the construction period, as defined by Inflation Rate During Construction. For SAM Economic Models, this is calculated automatically by compounding Inflation Rate over Construction Years if Inflation Rate During Construction is not provided.",
+          "description": "The accrued inflation on total capital costs over the construction period, as defined by Inflation Rate During Construction.",
           "units": "%"
         },
         "Inflation costs during construction": {
@@ -442,11 +442,21 @@
           "description": "Investment Tax Credit Value",
           "units": "MUSD"
         },
+        "Overnight Capital Cost": {
+          "type": "number",
+          "description": "Overnight Capital Cost (OCC) represents the total capital cost required to construct the plant if it were built instantly (\"overnight\"). This value excludes time-dependent costs such as inflation and interest incurred during the construction period.",
+          "units": "MUSD"
+        },
         "Inflation costs during construction": {
           "type": "number",
           "description": "The calculated amount of cost escalation due to inflation over the construction period.",
           "units": "MUSD"
         },
+        "Interest during construction": {
+          "type": "number",
+          "description": "Interest During Construction (IDC) is the total accumulated interest incurred on debt during the construction phase. This cost is capitalized (added to the loan principal and total installed cost) rather than paid in cash.",
+          "units": "MUSD"
+        },
         "Total Add-on CAPEX": {
           "type": "number",
           "description": "AddOn CAPEX Total",
diff --git a/tests/.gitignore b/tests/.gitignore
index 028f74fc..dd02483d 100644
--- a/tests/.gitignore
+++ b/tests/.gitignore
@@ -3,3 +3,5 @@ HIP.out
 MC_*Result.json
 MC_*Result.txt
 *.png
+examples/Deadwood_M8.txt
+examples/Doublet_v1.dat
diff --git a/tests/base_test_case.py b/tests/base_test_case.py
index c500ce3c..5311786d 100644
--- a/tests/base_test_case.py
+++ b/tests/base_test_case.py
@@ -30,7 +30,10 @@ def assertAlmostEqualWithinPercentage(self, expected, actual, msg: str | None =
             try:
                 self.assertAlmostEqual(expected, actual, msg=msg, delta=abs(percent / 100.0 * expected))
             except AssertionError as ae:
-                difference_percent = abs(100.0 * (actual - expected) / expected)
+                try:
+                    difference_percent = abs(100.0 * (actual - expected) / expected)
+                except ZeroDivisionError:
+                    difference_percent = float('nan')
                 raise AssertionError(f'{actual} != {expected} within {percent}% ({difference_percent:.2f}%)') from ae
         else:
             if isinstance(expected, list) and isinstance(actual, list):
@@ -103,5 +106,10 @@ def assertFileContentsEqual(self, expected, actual):
                 self.assertListEqual(f1_lines, f2_lines, msg=f'{expected}, {actual}')
 
     # noinspection PyPep8Naming,PyMethodMayBeStatic
-    def assertHasLogRecordWithMessage(self, logs_, message):
-        assert message in [record.message for record in logs_.records]
+    def assertHasLogRecordWithMessage(self, logs_, message, treat_substring_match_as_match: bool = False):
+        messages = [record.message for record in logs_.records]
+        assert any(it == message or (treat_substring_match_as_match and message in it) for it in messages)
+
+    # noinspection PyMethodMayBeStatic
+    def _is_github_actions(self):
+        return 'CI' in os.environ or 'TOXPYTHON' in os.environ
diff --git a/tests/examples/Fervo_Project_Cape-4.out b/tests/examples/Fervo_Project_Cape-4.out
index f37410a8..dcba6e48 100644
--- a/tests/examples/Fervo_Project_Cape-4.out
+++ b/tests/examples/Fervo_Project_Cape-4.out
@@ -4,10 +4,10 @@
 
 Simulation Metadata
 ----------------------
- GEOPHIRES Version: 3.9.48
- Simulation Date: 2025-08-11
- Simulation Time:  10:37
- Calculation Time:      1.730 sec
+ GEOPHIRES Version: 3.10.12
+ Simulation Date: 2025-11-28
+ Simulation Time:  10:10
+ Calculation Time:      1.780 sec
 
                            ***SUMMARY OF RESULTS***
 
@@ -28,7 +28,6 @@ Simulation Metadata
       Real Discount Rate:                                   12.00 %
       Nominal Discount Rate:                                14.58 %
       WACC:                                                  8.30 %
-      Accrued financing during construction:                 2.30 %
       Project lifetime:                                      30 yr
       Capacity factor:                                       90.0 %
       Project NPV:                                         483.35 MUSD
@@ -104,6 +103,7 @@ Simulation Metadata
          Field gathering system costs:                       56.44 MUSD
          Total surface equipment costs:                    1560.49 MUSD
          Exploration costs:                                  30.00 MUSD
+         Overnight Capital Cost:                           2601.04 MUSD
          Inflation costs during construction:                59.82 MUSD
       Total CAPEX:                                         2660.87 MUSD
 
@@ -212,222 +212,235 @@ Simulation Metadata
                             ***************************
                             *  SAM CASH FLOW PROFILE  *
                             ***************************
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-                                                 	Year 0        	Year 1       	Year 2       	Year 3       	Year 4       	Year 5       	Year 6       	Year 7       	Year 8       	Year 9       	Year 10      	Year 11      	Year 12      	Year 13      	Year 14      	Year 15      	Year 16      	Year 17      	Year 18      	Year 19      	Year 20      	Year 21      	Year 22      	Year 23      	Year 24      	Year 25      	Year 26      	Year 27      	Year 28      	Year 29      	Year 30
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+                                                      	Year 0        	Year 1       	Year 2       	Year 3       	Year 4       	Year 5       	Year 6       	Year 7       	Year 8       	Year 9       	Year 10      	Year 11      	Year 12      	Year 13      	Year 14      	Year 15      	Year 16      	Year 17      	Year 18      	Year 19      	Year 20      	Year 21      	Year 22      	Year 23      	Year 24      	Year 25      	Year 26      	Year 27      	Year 28      	Year 29      	Year 30
+CONSTRUCTION
+Purchase of property [construction] ($)               	-2,660,866,376
+Cash flow from investing activities [construction] ($)	-2,660,866,376
+
+Issuance of equity [construction] ($)                 	1,064,346,550
+Issuance of debt [construction] ($)                   	1,596,519,826
+Debt balance [construction] ($)                       	1,596,519,826
+Debt interest payment [construction] ($)              	0
+Cash flow from financing activities [construction] ($)	2,660,866,376
+
+Total pre-tax returns [construction] ($)              	-1,064,346,550
+Total after-tax returns [construction] ($)            	-1,064,346,550
+
 ENERGY
-Electricity to grid (kWh)                        	0.0           	4,193,273,525	4,219,573,970	4,227,516,388	4,232,001,035	4,233,245,126	4,225,570,913	4,194,325,606	4,114,710,394	4,101,737,992	4,212,547,398	4,224,519,385	4,230,441,060	4,233,667,186	4,231,750,368	4,214,888,525	4,163,207,043	4,055,985,743	4,194,671,056	4,220,853,770	4,228,811,003	4,233,321,393	4,234,588,146	4,226,928,684	4,195,686,141	4,116,056,232	4,103,061,353	4,213,834,812	4,225,738,401	4,231,569,184	4,234,649,495
-Electricity from grid (kWh)                      	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
-Electricity to grid net (kWh)                    	0.0           	4,193,273,525	4,219,573,970	4,227,516,388	4,232,001,035	4,233,245,126	4,225,570,913	4,194,325,606	4,114,710,394	4,101,737,992	4,212,547,398	4,224,519,385	4,230,441,060	4,233,667,186	4,231,750,368	4,214,888,525	4,163,207,043	4,055,985,743	4,194,671,056	4,220,853,770	4,228,811,003	4,233,321,393	4,234,588,146	4,226,928,684	4,195,686,141	4,116,056,232	4,103,061,353	4,213,834,812	4,225,738,401	4,231,569,184	4,234,649,495
+Electricity to grid (kWh)                             	0.0           	4,193,273,525	4,219,573,970	4,227,516,388	4,232,001,035	4,233,245,126	4,225,570,913	4,194,325,606	4,114,710,394	4,101,737,992	4,212,547,398	4,224,519,385	4,230,441,060	4,233,667,186	4,231,750,368	4,214,888,525	4,163,207,043	4,055,985,743	4,194,671,056	4,220,853,770	4,228,811,003	4,233,321,393	4,234,588,146	4,226,928,684	4,195,686,141	4,116,056,232	4,103,061,353	4,213,834,812	4,225,738,401	4,231,569,184	4,234,649,495
+Electricity from grid (kWh)                           	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
+Electricity to grid net (kWh)                         	0.0           	4,193,273,525	4,219,573,970	4,227,516,388	4,232,001,035	4,233,245,126	4,225,570,913	4,194,325,606	4,114,710,394	4,101,737,992	4,212,547,398	4,224,519,385	4,230,441,060	4,233,667,186	4,231,750,368	4,214,888,525	4,163,207,043	4,055,985,743	4,194,671,056	4,220,853,770	4,228,811,003	4,233,321,393	4,234,588,146	4,226,928,684	4,195,686,141	4,116,056,232	4,103,061,353	4,213,834,812	4,225,738,401	4,231,569,184	4,234,649,495
 
 REVENUE
-PPA price (cents/kWh)                            	0.0           	9.50         	9.50         	9.56         	9.61         	9.67         	9.73         	9.79         	9.84         	9.90         	9.96         	10.01        	10.07        	10.13        	10.18        	10.24        	10.30        	10.36        	10.41        	10.47        	10.53        	10.58        	10.64        	10.70        	10.75        	10.81        	10.87        	10.93        	10.98        	11.04        	11.10
-PPA revenue ($)                                  	0             	398,360,985  	400,859,527  	404,023,741  	406,864,580  	409,397,136  	411,063,538  	410,414,761  	404,969,797  	406,031,044  	419,401,219  	423,001,126  	426,005,415  	428,743,476  	430,961,457  	431,646,734  	428,727,061  	419,997,324  	436,749,150  	441,881,181  	445,124,646  	448,012,403  	450,560,179  	452,154,561  	451,204,088  	444,986,839  	445,920,708  	460,361,453  	464,070,591  	467,122,922  	469,876,708
-Curtailment payment revenue ($)                  	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
-Capacity payment revenue ($)                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Salvage value ($)                                	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            	1,330,433,188
-Total revenue ($)                                	0             	398,360,985  	400,859,527  	404,023,741  	406,864,580  	409,397,136  	411,063,538  	410,414,761  	404,969,797  	406,031,044  	419,401,219  	423,001,126  	426,005,415  	428,743,476  	430,961,457  	431,646,734  	428,727,061  	419,997,324  	436,749,150  	441,881,181  	445,124,646  	448,012,403  	450,560,179  	452,154,561  	451,204,088  	444,986,839  	445,920,708  	460,361,453  	464,070,591  	467,122,922  	1,800,309,896
+PPA price (cents/kWh)                                 	0.0           	9.50         	9.50         	9.56         	9.61         	9.67         	9.73         	9.79         	9.84         	9.90         	9.96         	10.01        	10.07        	10.13        	10.18        	10.24        	10.30        	10.36        	10.41        	10.47        	10.53        	10.58        	10.64        	10.70        	10.75        	10.81        	10.87        	10.93        	10.98        	11.04        	11.10
+PPA revenue ($)                                       	0             	398,360,985  	400,859,527  	404,023,741  	406,864,580  	409,397,136  	411,063,538  	410,414,761  	404,969,797  	406,031,044  	419,401,219  	423,001,126  	426,005,415  	428,743,476  	430,961,457  	431,646,734  	428,727,061  	419,997,324  	436,749,150  	441,881,181  	445,124,646  	448,012,403  	450,560,179  	452,154,561  	451,204,088  	444,986,839  	445,920,708  	460,361,453  	464,070,591  	467,122,922  	469,876,708
+Curtailment payment revenue ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Capacity payment revenue ($)                          	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
+Salvage value ($)                                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	1,330,433,188
+Total revenue ($)                                     	0             	398,360,985  	400,859,527  	404,023,741  	406,864,580  	409,397,136  	411,063,538  	410,414,761  	404,969,797  	406,031,044  	419,401,219  	423,001,126  	426,005,415  	428,743,476  	430,961,457  	431,646,734  	428,727,061  	419,997,324  	436,749,150  	441,881,181  	445,124,646  	448,012,403  	450,560,179  	452,154,561  	451,204,088  	444,986,839  	445,920,708  	460,361,453  	464,070,591  	467,122,922  	1,800,309,896
 
-Property tax net assessed value ($)              	0             	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376
+Property tax net assessed value ($)                   	0             	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376	2,660,866,376
 
 OPERATING EXPENSES
-O&M fixed expense ($)                            	0             	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343
-O&M production-based expense ($)                 	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
-O&M capacity-based expense ($)                   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Fuel expense ($)                                 	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
-Electricity purchase ($)                         	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Property tax expense ($)                         	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
-Insurance expense ($)                            	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Total operating expenses ($)                     	0             	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343
+O&M fixed expense ($)                                 	0             	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343
+O&M production-based expense ($)                      	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
+O&M capacity-based expense ($)                        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Fuel expense ($)                                      	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
+Electricity purchase ($)                              	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Property tax expense ($)                              	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
+Insurance expense ($)                                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Total operating expenses ($)                          	0             	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343  	157,544,343
 
-EBITDA ($)                                       	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
+EBITDA ($)                                            	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
 
 OPERATING ACTIVITIES
-EBITDA ($)                                       	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
-Interest earned on reserves ($)                  	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
+EBITDA ($)                                            	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
+Interest earned on reserves ($)                       	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
 plus PBI if not available for debt service:
-Federal PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PBI income ($)                             	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
-Utility PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Other PBI income ($)                             	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
-Debt interest payment ($)                        	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
-Cash flow from operating activities ($)          	0             	151,411,532  	155,123,040  	159,568,146  	163,761,606  	167,722,531  	170,897,291  	171,841,338  	168,078,398  	170,915,862  	186,161,722  	191,742,352  	196,838,284  	201,785,121  	206,335,570  	209,483,932  	209,165,277  	203,182,215  	222,834,531  	231,029,478  	237,507,383  	243,810,708  	249,965,324  	255,368,530  	258,440,173  	256,470,281  	261,889,357  	281,066,482  	289,777,237  	298,111,275  	1,636,875,732
+Federal PBI income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PBI income ($)                                  	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
+Utility PBI income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Other PBI income ($)                                  	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
+Debt interest payment ($)                             	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
+Cash flow from operating activities ($)               	0             	151,411,532  	155,123,040  	159,568,146  	163,761,606  	167,722,531  	170,897,291  	171,841,338  	168,078,398  	170,915,862  	186,161,722  	191,742,352  	196,838,284  	201,785,121  	206,335,570  	209,483,932  	209,165,277  	203,182,215  	222,834,531  	231,029,478  	237,507,383  	243,810,708  	249,965,324  	255,368,530  	258,440,173  	256,470,281  	261,889,357  	281,066,482  	289,777,237  	298,111,275  	1,636,875,732
 
 INVESTING ACTIVITIES
-Total installed cost ($)                         	-2,660,866,376
-Debt closing costs ($)                           	0
-Debt up-front fee ($)                            	0
+Total installed cost ($)                              	-2,660,866,376
+Debt closing costs ($)                                	0
+Debt up-front fee ($)                                 	0
 minus:
-Total IBI income ($)                             	0
-Total CBI income ($)                             	0
+Total IBI income ($)                                  	0
+Total CBI income ($)                                  	0
 equals:
-Purchase of property ($)                         	-2,660,866,376
+Purchase of property ($)                              	-2,660,866,376
 plus:
-Reserve (increase)/decrease debt service ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease working capital ($)  	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
-Reserve (increase)/decrease receivables ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease major equipment 1 ($)	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
-Reserve (increase)/decrease major equipment 2 ($)	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease major equipment 3 ($)	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
-Reserve capital spending major equipment 1 ($)   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve capital spending major equipment 2 ($)   	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
-Reserve capital spending major equipment 3 ($)   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease debt service ($)          	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
+Reserve (increase)/decrease working capital ($)       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease receivables ($)           	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
+Reserve (increase)/decrease major equipment 1 ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease major equipment 2 ($)     	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
+Reserve (increase)/decrease major equipment 3 ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve capital spending major equipment 1 ($)        	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
+Reserve capital spending major equipment 2 ($)        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve capital spending major equipment 3 ($)        	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
 equals:
-Cash flow from investing activities ($)          	-2,660,866,376	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Cash flow from investing activities ($)               	-2,660,866,376	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
 
 FINANCING ACTIVITIES
-Issuance of equity ($)                           	1,064,346,550
-Size of debt ($)                                 	1,596,519,826
+Issuance of equity ($)                                	1,064,346,550
+Size of debt ($)                                      	1,596,519,826
 minus:
-Debt principal payment ($)                       	0             	21,660,102   	22,873,068   	24,153,960   	25,506,582   	26,934,950   	28,443,308   	30,036,133   	31,718,156   	33,494,373   	35,370,058   	37,350,781   	39,442,425   	41,651,201   	43,983,668   	46,446,753   	49,047,771   	51,794,447   	54,694,936   	57,757,852   	60,992,292   	64,407,860   	68,014,700   	71,823,524   	75,845,641   	80,092,997   	84,578,205   	89,314,584   	94,316,201   	99,597,908   	105,175,391
+Debt principal payment ($)                            	0             	21,660,102   	22,873,068   	24,153,960   	25,506,582   	26,934,950   	28,443,308   	30,036,133   	31,718,156   	33,494,373   	35,370,058   	37,350,781   	39,442,425   	41,651,201   	43,983,668   	46,446,753   	49,047,771   	51,794,447   	54,694,936   	57,757,852   	60,992,292   	64,407,860   	68,014,700   	71,823,524   	75,845,641   	80,092,997   	84,578,205   	89,314,584   	94,316,201   	99,597,908   	105,175,391
 equals:
-Cash flow from financing activities ($)          	2,660,866,376 	-21,660,102  	-22,873,068  	-24,153,960  	-25,506,582  	-26,934,950  	-28,443,308  	-30,036,133  	-31,718,156  	-33,494,373  	-35,370,058  	-37,350,781  	-39,442,425  	-41,651,201  	-43,983,668  	-46,446,753  	-49,047,771  	-51,794,447  	-54,694,936  	-57,757,852  	-60,992,292  	-64,407,860  	-68,014,700  	-71,823,524  	-75,845,641  	-80,092,997  	-84,578,205  	-89,314,584  	-94,316,201  	-99,597,908  	-105,175,391
+Cash flow from financing activities ($)               	2,660,866,376 	-21,660,102  	-22,873,068  	-24,153,960  	-25,506,582  	-26,934,950  	-28,443,308  	-30,036,133  	-31,718,156  	-33,494,373  	-35,370,058  	-37,350,781  	-39,442,425  	-41,651,201  	-43,983,668  	-46,446,753  	-49,047,771  	-51,794,447  	-54,694,936  	-57,757,852  	-60,992,292  	-64,407,860  	-68,014,700  	-71,823,524  	-75,845,641  	-80,092,997  	-84,578,205  	-89,314,584  	-94,316,201  	-99,597,908  	-105,175,391
 
 PROJECT RETURNS
 Pre-tax Cash Flow:
-Cash flow from operating activities ($)          	0             	151,411,532  	155,123,040  	159,568,146  	163,761,606  	167,722,531  	170,897,291  	171,841,338  	168,078,398  	170,915,862  	186,161,722  	191,742,352  	196,838,284  	201,785,121  	206,335,570  	209,483,932  	209,165,277  	203,182,215  	222,834,531  	231,029,478  	237,507,383  	243,810,708  	249,965,324  	255,368,530  	258,440,173  	256,470,281  	261,889,357  	281,066,482  	289,777,237  	298,111,275  	1,636,875,732
-Cash flow from investing activities ($)          	-2,660,866,376	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
-Cash flow from financing activities ($)          	2,660,866,376 	-21,660,102  	-22,873,068  	-24,153,960  	-25,506,582  	-26,934,950  	-28,443,308  	-30,036,133  	-31,718,156  	-33,494,373  	-35,370,058  	-37,350,781  	-39,442,425  	-41,651,201  	-43,983,668  	-46,446,753  	-49,047,771  	-51,794,447  	-54,694,936  	-57,757,852  	-60,992,292  	-64,407,860  	-68,014,700  	-71,823,524  	-75,845,641  	-80,092,997  	-84,578,205  	-89,314,584  	-94,316,201  	-99,597,908  	-105,175,391
-Total pre-tax cash flow ($)                      	0             	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
+Cash flow from operating activities ($)               	0             	151,411,532  	155,123,040  	159,568,146  	163,761,606  	167,722,531  	170,897,291  	171,841,338  	168,078,398  	170,915,862  	186,161,722  	191,742,352  	196,838,284  	201,785,121  	206,335,570  	209,483,932  	209,165,277  	203,182,215  	222,834,531  	231,029,478  	237,507,383  	243,810,708  	249,965,324  	255,368,530  	258,440,173  	256,470,281  	261,889,357  	281,066,482  	289,777,237  	298,111,275  	1,636,875,732
+Cash flow from investing activities ($)               	-2,660,866,376	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
+Cash flow from financing activities ($)               	2,660,866,376 	-21,660,102  	-22,873,068  	-24,153,960  	-25,506,582  	-26,934,950  	-28,443,308  	-30,036,133  	-31,718,156  	-33,494,373  	-35,370,058  	-37,350,781  	-39,442,425  	-41,651,201  	-43,983,668  	-46,446,753  	-49,047,771  	-51,794,447  	-54,694,936  	-57,757,852  	-60,992,292  	-64,407,860  	-68,014,700  	-71,823,524  	-75,845,641  	-80,092,997  	-84,578,205  	-89,314,584  	-94,316,201  	-99,597,908  	-105,175,391
+Total pre-tax cash flow ($)                           	0             	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
 
 Pre-tax Returns:
-Issuance of equity ($)                           	1,064,346,550
-Total pre-tax cash flow ($)                      	0             	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
-Total pre-tax returns ($)                        	-1,064,346,550	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
+Issuance of equity ($)                                	1,064,346,550
+Total pre-tax cash flow ($)                           	0             	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
+Total pre-tax returns ($)                             	-1,064,346,550	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
 
 After-tax Returns:
-Total pre-tax returns ($)                        	-1,064,346,550	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
-Federal ITC total income ($)                     	0             	798,259,913  	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
-Federal PTC income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal tax benefit (liability) ($)              	0             	-18,527,744  	-8,209,674   	-9,077,803   	-9,896,786   	-10,670,354  	-11,290,385  	-11,474,757  	-10,739,855  	-11,294,012  	-14,271,528  	-15,361,425  	-16,356,661  	-17,322,778  	-18,211,481  	-18,826,356  	-18,764,123  	-17,595,630  	-21,433,728  	-23,034,201  	-24,299,336  	-36,573,303  	-48,818,228  	-49,873,474  	-50,473,366  	-50,088,646  	-51,146,991  	-54,892,284  	-56,593,494  	-58,221,132  	-319,681,830
-State ITC total income ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PTC income ($)                             	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
-State tax benefit (liability) ($)                	0             	-6,640,769   	-2,942,535   	-3,253,693   	-3,547,235   	-3,824,500   	-4,046,733   	-4,112,816   	-3,849,410   	-4,048,033   	-5,115,243   	-5,505,887   	-5,862,602   	-6,208,881   	-6,527,412   	-6,747,798   	-6,725,492   	-6,306,678   	-7,682,340   	-8,255,986   	-8,709,439   	-13,108,711  	-17,497,573  	-17,875,797  	-18,090,812  	-17,952,920  	-18,332,255  	-19,674,654  	-20,284,407  	-20,867,789  	-114,581,301
-Total after-tax returns ($)                      	-1,064,346,550	902,842,830  	121,097,763  	123,082,690  	124,811,004  	126,292,727  	127,116,866  	126,217,632  	121,770,976  	122,079,444  	131,404,893  	133,524,258  	135,176,596  	136,602,262  	137,613,009  	137,463,025  	134,627,892  	127,485,460  	139,023,528  	141,981,439  	143,506,316  	129,720,834  	115,634,823  	115,795,735  	114,030,354  	108,335,718  	107,831,906  	117,184,960  	118,583,135  	119,424,446  	1,097,437,209
-
-After-tax cumulative IRR (%)                     	NaN           	-15.17       	-3.40        	5.89         	12.37        	16.79        	19.80        	21.87        	23.28        	24.29        	25.09        	25.68        	26.13        	26.46        	26.72        	26.91        	27.06        	27.16        	27.25        	27.32        	27.37        	27.41        	27.44        	27.46        	27.47        	27.49        	27.49        	27.50        	27.51        	27.51        	27.55
-After-tax cumulative NPV ($)                     	-1,064,346,550	-276,360,559 	-184,114,290 	-102,283,638 	-29,860,348  	34,099,888   	90,287,586   	138,980,351  	179,981,359  	215,856,997  	249,560,495  	279,450,773  	305,861,334  	329,155,135  	349,636,000  	367,491,871  	382,754,753  	395,369,208  	407,375,323  	418,077,007  	427,517,570  	434,965,626  	440,760,289  	445,824,811  	450,177,651  	453,787,012  	456,922,551  	459,896,566  	462,523,206  	464,831,957  	483,348,930
+Total pre-tax returns ($)                             	-1,064,346,550	129,751,430  	132,249,972  	135,414,186  	138,255,024  	140,787,581  	142,453,983  	141,805,205  	136,360,242  	137,421,489  	150,791,664  	154,391,571  	157,395,859  	160,133,921  	162,351,902  	163,037,179  	160,117,506  	151,387,768  	168,139,595  	173,271,626  	176,515,091  	179,402,848  	181,950,624  	183,545,006  	182,594,532  	176,377,284  	177,311,153  	191,751,898  	195,461,036  	198,513,367  	1,531,700,341
+Federal ITC total income ($)                          	0             	798,259,913  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal PTC income ($)                                	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
+Federal tax benefit (liability) ($)                   	0             	-18,527,744  	-8,209,674   	-9,077,803   	-9,896,786   	-10,670,354  	-11,290,385  	-11,474,757  	-10,739,855  	-11,294,012  	-14,271,528  	-15,361,425  	-16,356,661  	-17,322,778  	-18,211,481  	-18,826,356  	-18,764,123  	-17,595,630  	-21,433,728  	-23,034,201  	-24,299,336  	-36,573,303  	-48,818,228  	-49,873,474  	-50,473,366  	-50,088,646  	-51,146,991  	-54,892,284  	-56,593,494  	-58,221,132  	-319,681,830
+State ITC total income ($)                            	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
+State PTC income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State tax benefit (liability) ($)                     	0             	-6,640,769   	-2,942,535   	-3,253,693   	-3,547,235   	-3,824,500   	-4,046,733   	-4,112,816   	-3,849,410   	-4,048,033   	-5,115,243   	-5,505,887   	-5,862,602   	-6,208,881   	-6,527,412   	-6,747,798   	-6,725,492   	-6,306,678   	-7,682,340   	-8,255,986   	-8,709,439   	-13,108,711  	-17,497,573  	-17,875,797  	-18,090,812  	-17,952,920  	-18,332,255  	-19,674,654  	-20,284,407  	-20,867,789  	-114,581,301
+Total after-tax returns ($)                           	-1,064,346,550	902,842,830  	121,097,763  	123,082,690  	124,811,004  	126,292,727  	127,116,866  	126,217,632  	121,770,976  	122,079,444  	131,404,893  	133,524,258  	135,176,596  	136,602,262  	137,613,009  	137,463,025  	134,627,892  	127,485,460  	139,023,528  	141,981,439  	143,506,316  	129,720,834  	115,634,823  	115,795,735  	114,030,354  	108,335,718  	107,831,906  	117,184,960  	118,583,135  	119,424,446  	1,097,437,209
+
+After-tax cumulative IRR (%)                          	NaN           	-15.17       	-3.40        	5.89         	12.37        	16.79        	19.80        	21.87        	23.28        	24.29        	25.09        	25.68        	26.13        	26.46        	26.72        	26.91        	27.06        	27.16        	27.25        	27.32        	27.37        	27.41        	27.44        	27.46        	27.47        	27.49        	27.49        	27.50        	27.51        	27.51        	27.55
+After-tax cumulative NPV ($)                          	-1,064,346,550	-276,360,558 	-184,114,290 	-102,283,638 	-29,860,348  	34,099,889   	90,287,587   	138,980,351  	179,981,359  	215,856,998  	249,560,495  	279,450,773  	305,861,334  	329,155,135  	349,636,000  	367,491,872  	382,754,754  	395,369,209  	407,375,324  	418,077,007  	427,517,570  	434,965,626  	440,760,290  	445,824,812  	450,177,652  	453,787,012  	456,922,551  	459,896,566  	462,523,206  	464,831,958  	483,348,931
 
 AFTER-TAX LCOE AND PPA PRICE
-Annual costs ($)                                 	-1,064,346,550	504,481,845  	-279,761,764 	-280,941,051 	-282,053,576 	-283,104,409 	-283,946,673 	-284,197,129 	-283,198,821 	-283,951,600 	-287,996,326 	-289,476,868 	-290,828,818 	-292,141,214 	-293,348,448 	-294,183,709 	-294,099,170 	-292,511,863 	-297,725,623 	-299,899,742 	-301,618,330 	-318,291,569 	-334,925,356 	-336,358,826 	-337,173,733 	-336,651,121 	-338,088,802 	-343,176,493 	-345,487,456 	-347,698,476 	627,560,501
-PPA revenue ($)                                  	0             	398,360,985  	400,859,527  	404,023,741  	406,864,580  	409,397,136  	411,063,538  	410,414,761  	404,969,797  	406,031,044  	419,401,219  	423,001,126  	426,005,415  	428,743,476  	430,961,457  	431,646,734  	428,727,061  	419,997,324  	436,749,150  	441,881,181  	445,124,646  	448,012,403  	450,560,179  	452,154,561  	451,204,088  	444,986,839  	445,920,708  	460,361,453  	464,070,591  	467,122,922  	469,876,708
-Electricity to grid (kWh)                        	0.0           	4,193,273,525	4,219,573,970	4,227,516,388	4,232,001,035	4,233,245,126	4,225,570,913	4,194,325,606	4,114,710,394	4,101,737,992	4,212,547,398	4,224,519,385	4,230,441,060	4,233,667,186	4,231,750,368	4,214,888,525	4,163,207,043	4,055,985,743	4,194,671,056	4,220,853,770	4,228,811,003	4,233,321,393	4,234,588,146	4,226,928,684	4,195,686,141	4,116,056,232	4,103,061,353	4,213,834,812	4,225,738,401	4,231,569,184	4,234,649,495
+Annual costs ($)                                      	-1,064,346,550	504,481,845  	-279,761,764 	-280,941,051 	-282,053,576 	-283,104,409 	-283,946,673 	-284,197,129 	-283,198,821 	-283,951,600 	-287,996,326 	-289,476,868 	-290,828,818 	-292,141,214 	-293,348,448 	-294,183,709 	-294,099,170 	-292,511,863 	-297,725,623 	-299,899,742 	-301,618,330 	-318,291,569 	-334,925,356 	-336,358,826 	-337,173,733 	-336,651,121 	-338,088,802 	-343,176,493 	-345,487,456 	-347,698,476 	627,560,501
+PPA revenue ($)                                       	0             	398,360,985  	400,859,527  	404,023,741  	406,864,580  	409,397,136  	411,063,538  	410,414,761  	404,969,797  	406,031,044  	419,401,219  	423,001,126  	426,005,415  	428,743,476  	430,961,457  	431,646,734  	428,727,061  	419,997,324  	436,749,150  	441,881,181  	445,124,646  	448,012,403  	450,560,179  	452,154,561  	451,204,088  	444,986,839  	445,920,708  	460,361,453  	464,070,591  	467,122,922  	469,876,708
+Electricity to grid (kWh)                             	0.0           	4,193,273,525	4,219,573,970	4,227,516,388	4,232,001,035	4,233,245,126	4,225,570,913	4,194,325,606	4,114,710,394	4,101,737,992	4,212,547,398	4,224,519,385	4,230,441,060	4,233,667,186	4,231,750,368	4,214,888,525	4,163,207,043	4,055,985,743	4,194,671,056	4,220,853,770	4,228,811,003	4,233,321,393	4,234,588,146	4,226,928,684	4,195,686,141	4,116,056,232	4,103,061,353	4,213,834,812	4,225,738,401	4,231,569,184	4,234,649,495
 
-Present value of annual costs ($)                	2,298,728,919
-Present value of annual energy nominal (kWh)     	28,355,365,264
-LCOE Levelized cost of energy nominal (cents/kWh)	8.11
+Present value of annual costs ($)                     	2,298,728,919
+Present value of annual energy nominal (kWh)          	28,355,365,264
+LCOE Levelized cost of energy nominal (cents/kWh)     	8.11
 
-Present value of PPA revenue ($)                 	2,782,077,849
-Present value of annual energy nominal (kWh)     	28,355,365,264
-LPPA Levelized PPA price nominal (cents/kWh)     	9.81
+Present value of PPA revenue ($)                      	2,782,077,849
+Present value of annual energy nominal (kWh)          	28,355,365,264
+LPPA Levelized PPA price nominal (cents/kWh)          	9.81
 
 PROJECT STATE INCOME TAXES
-EBITDA ($)                                       	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
-State taxable PBI income ($)                     	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
-Interest earned on reserves ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State taxable IBI income ($)                     	0
-State taxable CBI income ($)                     	0
+EBITDA ($)                                            	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
+State taxable PBI income ($)                          	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Interest earned on reserves ($)                       	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
+State taxable IBI income ($)                          	0
+State taxable CBI income ($)                          	0
 minus:
-Debt interest payment ($)                        	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
-Total state tax depreciation ($)                 	0             	56,543,410   	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	56,543,410   	0            	0            	0            	0            	0            	0            	0            	0            	0
+Debt interest payment ($)                             	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
+Total state tax depreciation ($)                      	0             	56,543,410   	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	56,543,410   	0            	0            	0            	0            	0            	0            	0            	0            	0
 equals:
-State taxable income ($)                         	0             	94,868,122   	42,036,219   	46,481,325   	50,674,785   	54,635,710   	57,810,470   	58,754,517   	54,991,577   	57,829,041   	73,074,901   	78,655,531   	83,751,463   	88,698,300   	93,248,749   	96,397,111   	96,078,457   	90,095,394   	109,747,710  	117,942,657  	124,420,562  	187,267,297  	249,965,324  	255,368,530  	258,440,173  	256,470,281  	261,889,357  	281,066,482  	289,777,237  	298,111,275  	1,636,875,732
+State taxable income ($)                              	0             	94,868,122   	42,036,219   	46,481,325   	50,674,785   	54,635,710   	57,810,470   	58,754,517   	54,991,577   	57,829,041   	73,074,901   	78,655,531   	83,751,463   	88,698,300   	93,248,749   	96,397,111   	96,078,457   	90,095,394   	109,747,710  	117,942,657  	124,420,562  	187,267,297  	249,965,324  	255,368,530  	258,440,173  	256,470,281  	261,889,357  	281,066,482  	289,777,237  	298,111,275  	1,636,875,732
 
-State income tax rate (frac)                     	0.0           	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07
-State tax benefit (liability) ($)                	0             	-6,640,769   	-2,942,535   	-3,253,693   	-3,547,235   	-3,824,500   	-4,046,733   	-4,112,816   	-3,849,410   	-4,048,033   	-5,115,243   	-5,505,887   	-5,862,602   	-6,208,881   	-6,527,412   	-6,747,798   	-6,725,492   	-6,306,678   	-7,682,340   	-8,255,986   	-8,709,439   	-13,108,711  	-17,497,573  	-17,875,797  	-18,090,812  	-17,952,920  	-18,332,255  	-19,674,654  	-20,284,407  	-20,867,789  	-114,581,301
+State income tax rate (frac)                          	0.0           	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07
+State tax benefit (liability) ($)                     	0             	-6,640,769   	-2,942,535   	-3,253,693   	-3,547,235   	-3,824,500   	-4,046,733   	-4,112,816   	-3,849,410   	-4,048,033   	-5,115,243   	-5,505,887   	-5,862,602   	-6,208,881   	-6,527,412   	-6,747,798   	-6,725,492   	-6,306,678   	-7,682,340   	-8,255,986   	-8,709,439   	-13,108,711  	-17,497,573  	-17,875,797  	-18,090,812  	-17,952,920  	-18,332,255  	-19,674,654  	-20,284,407  	-20,867,789  	-114,581,301
 
 PROJECT FEDERAL INCOME TAXES
-EBITDA ($)                                       	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
-Interest earned on reserves ($)                  	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
-State tax benefit (liability) ($)                	0             	-6,640,769   	-2,942,535   	-3,253,693   	-3,547,235   	-3,824,500   	-4,046,733   	-4,112,816   	-3,849,410   	-4,048,033   	-5,115,243   	-5,505,887   	-5,862,602   	-6,208,881   	-6,527,412   	-6,747,798   	-6,725,492   	-6,306,678   	-7,682,340   	-8,255,986   	-8,709,439   	-13,108,711  	-17,497,573  	-17,875,797  	-18,090,812  	-17,952,920  	-18,332,255  	-19,674,654  	-20,284,407  	-20,867,789  	-114,581,301
-State ITC total income ($)                       	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
-State PTC income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal taxable IBI income ($)                   	0
-Federal taxable CBI income ($)                   	0
-Federal taxable PBI income ($)                   	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
+EBITDA ($)                                            	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
+Interest earned on reserves ($)                       	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
+State tax benefit (liability) ($)                     	0             	-6,640,769   	-2,942,535   	-3,253,693   	-3,547,235   	-3,824,500   	-4,046,733   	-4,112,816   	-3,849,410   	-4,048,033   	-5,115,243   	-5,505,887   	-5,862,602   	-6,208,881   	-6,527,412   	-6,747,798   	-6,725,492   	-6,306,678   	-7,682,340   	-8,255,986   	-8,709,439   	-13,108,711  	-17,497,573  	-17,875,797  	-18,090,812  	-17,952,920  	-18,332,255  	-19,674,654  	-20,284,407  	-20,867,789  	-114,581,301
+State ITC total income ($)                            	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
+State PTC income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal taxable IBI income ($)                        	0
+Federal taxable CBI income ($)                        	0
+Federal taxable PBI income ($)                        	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
 minus:
-Debt interest payment ($)                        	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
-Total federal tax depreciation ($)               	0             	56,543,410   	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	56,543,410   	0            	0            	0            	0            	0            	0            	0            	0            	0
+Debt interest payment ($)                             	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
+Total federal tax depreciation ($)                    	0             	56,543,410   	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	113,086,821  	56,543,410   	0            	0            	0            	0            	0            	0            	0            	0            	0
 equals:
-Federal taxable income ($)                       	0             	88,227,353   	39,093,684   	43,227,632   	47,127,550   	50,811,211   	53,763,737   	54,641,701   	51,142,167   	53,781,008   	67,959,658   	73,149,644   	77,888,861   	82,489,419   	86,721,337   	89,649,313   	89,352,965   	83,788,717   	102,065,370  	109,686,671  	115,711,122  	174,158,587  	232,467,751  	237,492,733  	240,349,361  	238,517,361  	243,557,102  	261,391,828  	269,492,830  	277,243,486  	1,522,294,430
+Federal taxable income ($)                            	0             	88,227,353   	39,093,684   	43,227,632   	47,127,550   	50,811,211   	53,763,737   	54,641,701   	51,142,167   	53,781,008   	67,959,658   	73,149,644   	77,888,861   	82,489,419   	86,721,337   	89,649,313   	89,352,965   	83,788,717   	102,065,370  	109,686,671  	115,711,122  	174,158,587  	232,467,751  	237,492,733  	240,349,361  	238,517,361  	243,557,102  	261,391,828  	269,492,830  	277,243,486  	1,522,294,430
 
-Federal income tax rate (frac)                   	0.0           	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21
-Federal tax benefit (liability) ($)              	0             	-18,527,744  	-8,209,674   	-9,077,803   	-9,896,786   	-10,670,354  	-11,290,385  	-11,474,757  	-10,739,855  	-11,294,012  	-14,271,528  	-15,361,425  	-16,356,661  	-17,322,778  	-18,211,481  	-18,826,356  	-18,764,123  	-17,595,630  	-21,433,728  	-23,034,201  	-24,299,336  	-36,573,303  	-48,818,228  	-49,873,474  	-50,473,366  	-50,088,646  	-51,146,991  	-54,892,284  	-56,593,494  	-58,221,132  	-319,681,830
+Federal income tax rate (frac)                        	0.0           	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21
+Federal tax benefit (liability) ($)                   	0             	-18,527,744  	-8,209,674   	-9,077,803   	-9,896,786   	-10,670,354  	-11,290,385  	-11,474,757  	-10,739,855  	-11,294,012  	-14,271,528  	-15,361,425  	-16,356,661  	-17,322,778  	-18,211,481  	-18,826,356  	-18,764,123  	-17,595,630  	-21,433,728  	-23,034,201  	-24,299,336  	-36,573,303  	-48,818,228  	-49,873,474  	-50,473,366  	-50,088,646  	-51,146,991  	-54,892,284  	-56,593,494  	-58,221,132  	-319,681,830
 
 CASH INCENTIVES
-Federal IBI income ($)                           	0
-State IBI income ($)                             	0
-Utility IBI income ($)                           	0
-Other IBI income ($)                             	0
-Total IBI income ($)                             	0
-
-Federal CBI income ($)                           	0
-State CBI income ($)                             	0
-Utility CBI income ($)                           	0
-Other CBI income ($)                             	0
-Total CBI income ($)                             	0
-
-Federal PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PBI income ($)                             	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
-Utility PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Other PBI income ($)                             	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
-Total PBI income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal IBI income ($)                                	0
+State IBI income ($)                                  	0
+Utility IBI income ($)                                	0
+Other IBI income ($)                                  	0
+Total IBI income ($)                                  	0
+
+Federal CBI income ($)                                	0
+State CBI income ($)                                  	0
+Utility CBI income ($)                                	0
+Other CBI income ($)                                  	0
+Total CBI income ($)                                  	0
+
+Federal PBI income ($)                                	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
+State PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Utility PBI income ($)                                	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
+Other PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Total PBI income ($)                                  	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
 
 TAX CREDITS
-Federal PTC income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PTC income ($)                             	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
+Federal PTC income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PTC income ($)                                  	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
 
-Federal ITC amount income ($)                    	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal ITC percent income ($)                   	0             	798,259,913  	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
-Federal ITC total income ($)                     	0             	798,259,913  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal ITC amount income ($)                         	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
+Federal ITC percent income ($)                        	0             	798,259,913  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal ITC total income ($)                          	0             	798,259,913  	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
 
-State ITC amount income ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State ITC percent income ($)                     	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
-State ITC total income ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State ITC amount income ($)                           	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
+State ITC percent income ($)                          	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State ITC total income ($)                            	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
 
 DEBT REPAYMENT
-Debt balance ($)                                 	1,596,519,826 	1,574,859,723	1,551,986,655	1,527,832,695	1,502,326,113	1,475,391,163	1,446,947,855	1,416,911,722	1,385,193,566	1,351,699,193	1,316,329,135	1,278,978,354	1,239,535,929	1,197,884,729	1,153,901,061	1,107,454,308	1,058,406,536	1,006,612,089	951,917,154  	894,159,302  	833,167,010  	768,759,150  	700,744,449  	628,920,926  	553,075,285  	472,982,288  	388,404,084  	299,089,500  	204,773,299  	105,175,391  	0
-Debt interest payment ($)                        	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
-Debt principal payment ($)                       	0             	21,660,102   	22,873,068   	24,153,960   	25,506,582   	26,934,950   	28,443,308   	30,036,133   	31,718,156   	33,494,373   	35,370,058   	37,350,781   	39,442,425   	41,651,201   	43,983,668   	46,446,753   	49,047,771   	51,794,447   	54,694,936   	57,757,852   	60,992,292   	64,407,860   	68,014,700   	71,823,524   	75,845,641   	80,092,997   	84,578,205   	89,314,584   	94,316,201   	99,597,908   	105,175,391
-Debt total payment ($)                           	0             	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213
+Debt balance ($)                                      	1,596,519,826 	1,574,859,723	1,551,986,655	1,527,832,695	1,502,326,113	1,475,391,163	1,446,947,855	1,416,911,722	1,385,193,566	1,351,699,193	1,316,329,135	1,278,978,354	1,239,535,929	1,197,884,729	1,153,901,061	1,107,454,308	1,058,406,536	1,006,612,089	951,917,154  	894,159,302  	833,167,010  	768,759,150  	700,744,449  	628,920,926  	553,075,285  	472,982,288  	388,404,084  	299,089,500  	204,773,299  	105,175,391  	0
+Debt interest payment ($)                             	0             	89,405,110   	88,192,144   	86,911,253   	85,558,631   	84,130,262   	82,621,905   	81,029,080   	79,347,056   	77,570,840   	75,695,155   	73,714,432   	71,622,788   	69,414,012   	67,081,545   	64,618,459   	62,017,441   	59,270,766   	56,370,277   	53,307,361   	50,072,921   	46,657,353   	43,050,512   	39,241,689   	35,219,572   	30,972,216   	26,487,008   	21,750,629   	16,749,012   	11,467,305   	5,889,822
+Debt principal payment ($)                            	0             	21,660,102   	22,873,068   	24,153,960   	25,506,582   	26,934,950   	28,443,308   	30,036,133   	31,718,156   	33,494,373   	35,370,058   	37,350,781   	39,442,425   	41,651,201   	43,983,668   	46,446,753   	49,047,771   	51,794,447   	54,694,936   	57,757,852   	60,992,292   	64,407,860   	68,014,700   	71,823,524   	75,845,641   	80,092,997   	84,578,205   	89,314,584   	94,316,201   	99,597,908   	105,175,391
+Debt total payment ($)                                	0             	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213
 
 DSCR (DEBT FRACTION)
-EBITDA ($)                                       	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
+EBITDA ($)                                            	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
 minus:
-Reserves major equipment 1 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 2 funding ($)           	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
-Reserves major equipment 3 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves receivables funding ($)                 	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
+Reserves major equipment 1 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 2 funding ($)                	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
+Reserves major equipment 3 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves receivables funding ($)                      	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
 equals:
-Cash available for debt service (CAFDS) ($)      	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
-Debt total payment ($)                           	0             	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213
-DSCR (pre-tax)                                   	0.0           	2.17         	2.19         	2.22         	2.24         	2.27         	2.28         	2.28         	2.23         	2.24         	2.36         	2.39         	2.42         	2.44         	2.46         	2.47         	2.44         	2.36         	2.51         	2.56         	2.59         	2.62         	2.64         	2.65         	2.64         	2.59         	2.60         	2.73         	2.76         	2.79         	14.79
+Cash available for debt service (CAFDS) ($)           	0             	240,816,642  	243,315,185  	246,479,399  	249,320,237  	251,852,794  	253,519,196  	252,870,418  	247,425,454  	248,486,701  	261,856,876  	265,456,784  	268,461,072  	271,199,133  	273,417,115  	274,102,391  	271,182,719  	262,452,981  	279,204,808  	284,336,839  	287,580,304  	290,468,060  	293,015,836  	294,610,219  	293,659,745  	287,442,497  	288,376,365  	302,817,111  	306,526,249  	309,578,580  	1,642,765,554
+Debt total payment ($)                                	0             	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213  	111,065,213
+DSCR (pre-tax)                                        	0.0           	2.17         	2.19         	2.22         	2.24         	2.27         	2.28         	2.28         	2.23         	2.24         	2.36         	2.39         	2.42         	2.44         	2.46         	2.47         	2.44         	2.36         	2.51         	2.56         	2.59         	2.62         	2.64         	2.65         	2.64         	2.59         	2.60         	2.73         	2.76         	2.79         	14.79
 
 RESERVES
-Reserves working capital funding ($)             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves working capital disbursement ($)        	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
-Reserves working capital balance ($)             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves debt service funding ($)                	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
-Reserves debt service disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves debt service balance ($)                	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
-
-Reserves receivables funding ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves receivables disbursement ($)            	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
-Reserves receivables balance ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves major equipment 1 funding ($)           	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
-Reserves major equipment 1 disbursement ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 1 balance ($)           	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
-
-Reserves major equipment 2 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 2 disbursement ($)      	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
-Reserves major equipment 2 balance ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves major equipment 3 funding ($)           	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
-Reserves major equipment 3 disbursement ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 3 balance ($)           	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
-
-Reserves total reserves balance ($)              	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Interest on reserves (%/year)                    	1.75
-Interest earned on reserves ($)                  	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
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+Reserves working capital funding ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves working capital disbursement ($)             	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
+Reserves working capital balance ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves debt service funding ($)                     	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
+Reserves debt service disbursement ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves debt service balance ($)                     	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
+
+Reserves receivables funding ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves receivables disbursement ($)                 	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
+Reserves receivables balance ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves major equipment 1 funding ($)                	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
+Reserves major equipment 1 disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 1 balance ($)                	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
+
+Reserves major equipment 2 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 2 disbursement ($)           	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
+Reserves major equipment 2 balance ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves major equipment 3 funding ($)                	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
+Reserves major equipment 3 disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 3 balance ($)                	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
+
+Reserves total reserves balance ($)                   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Interest on reserves (%/year)                         	1.75
+Interest earned on reserves ($)                       	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
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
diff --git a/tests/examples/example_SAM-single-owner-PPA-2.out b/tests/examples/example_SAM-single-owner-PPA-2.out
index 0dada8ab..20a615d9 100644
--- a/tests/examples/example_SAM-single-owner-PPA-2.out
+++ b/tests/examples/example_SAM-single-owner-PPA-2.out
@@ -4,10 +4,10 @@
 
 Simulation Metadata
 ----------------------
- GEOPHIRES Version: 3.9.40
- Simulation Date: 2025-07-26
- Simulation Time:  14:13
- Calculation Time:      0.967 sec
+ GEOPHIRES Version: 3.10.12
+ Simulation Date: 2025-11-28
+ Simulation Time:  10:10
+ Calculation Time:      0.987 sec
 
                            ***SUMMARY OF RESULTS***
 
@@ -28,7 +28,6 @@ Simulation Metadata
       Real Discount Rate:                                    7.00 %
       Nominal Discount Rate:                                 9.14 %
       WACC:                                                  6.41 %
-      Accrued financing during construction:                 5.00 %
       Project lifetime:                                      20 yr
       Capacity factor:                                       90.0 %
       Project NPV:                                        2877.00 MUSD
@@ -105,6 +104,7 @@ Simulation Metadata
          Field gathering system costs:                       70.43 MUSD
          Total surface equipment costs:                     969.26 MUSD
          Exploration costs:                                  30.00 MUSD
+         Overnight Capital Cost:                           1532.78 MUSD
          Inflation costs during construction:                76.64 MUSD
       Total CAPEX:                                         1609.42 MUSD
 
@@ -192,222 +192,235 @@ Simulation Metadata
                             ***************************
                             *  SAM CASH FLOW PROFILE  *
                             ***************************
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-                                                 	Year 0        	Year 1       	Year 2       	Year 3       	Year 4       	Year 5       	Year 6       	Year 7       	Year 8       	Year 9       	Year 10      	Year 11      	Year 12      	Year 13      	Year 14      	Year 15      	Year 16      	Year 17      	Year 18      	Year 19      	Year 20
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+                                                      	Year 0        	Year 1       	Year 2       	Year 3       	Year 4       	Year 5       	Year 6       	Year 7       	Year 8       	Year 9       	Year 10      	Year 11      	Year 12      	Year 13      	Year 14      	Year 15      	Year 16      	Year 17      	Year 18      	Year 19      	Year 20
+CONSTRUCTION
+Purchase of property [construction] ($)               	-1,609,421,820
+Cash flow from investing activities [construction] ($)	-1,609,421,820
+
+Issuance of equity [construction] ($)                 	804,710,910
+Issuance of debt [construction] ($)                   	804,710,910
+Debt balance [construction] ($)                       	804,710,910
+Debt interest payment [construction] ($)              	0
+Cash flow from financing activities [construction] ($)	1,609,421,820
+
+Total pre-tax returns [construction] ($)              	-804,710,910
+Total after-tax returns [construction] ($)            	-804,710,910
+
 ENERGY
-Electricity to grid (kWh)                        	0.0           	3,161,197,316	3,175,786,856	3,180,379,788	3,183,105,655	3,185,018,384	3,186,478,581	3,187,652,210	3,188,628,989	3,189,462,709	3,190,188,061	3,190,828,668	3,191,401,306	3,191,918,303	3,192,388,967	3,192,820,492	3,193,218,548	3,193,587,678	3,193,931,576	3,194,253,285	3,194,540,808
-Electricity from grid (kWh)                      	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
-Electricity to grid net (kWh)                    	0.0           	3,161,197,316	3,175,786,856	3,180,379,788	3,183,105,655	3,185,018,384	3,186,478,581	3,187,652,210	3,188,628,989	3,189,462,709	3,190,188,061	3,190,828,668	3,191,401,306	3,191,918,303	3,192,388,967	3,192,820,492	3,193,218,548	3,193,587,678	3,193,931,576	3,194,253,285	3,194,540,808
+Electricity to grid (kWh)                             	0.0           	3,161,197,316	3,175,786,856	3,180,379,788	3,183,105,655	3,185,018,384	3,186,478,581	3,187,652,210	3,188,628,989	3,189,462,709	3,190,188,061	3,190,828,668	3,191,401,306	3,191,918,303	3,192,388,967	3,192,820,492	3,193,218,548	3,193,587,678	3,193,931,576	3,194,253,285	3,194,540,808
+Electricity from grid (kWh)                           	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
+Electricity to grid net (kWh)                         	0.0           	3,161,197,316	3,175,786,856	3,180,379,788	3,183,105,655	3,185,018,384	3,186,478,581	3,187,652,210	3,188,628,989	3,189,462,709	3,190,188,061	3,190,828,668	3,191,401,306	3,191,918,303	3,192,388,967	3,192,820,492	3,193,218,548	3,193,587,678	3,193,931,576	3,194,253,285	3,194,540,808
 
 REVENUE
-PPA price (cents/kWh)                            	0.0           	15.0         	15.0         	15.41        	15.81        	16.22        	16.62        	17.03        	17.43        	17.84        	18.24        	18.65        	19.05        	19.46        	19.86        	20.27        	20.67        	21.08        	21.49        	21.89        	22.30
-PPA revenue ($)                                  	0             	474,179,597  	476,368,028  	489,947,757  	503,269,522  	516,481,527  	529,633,820  	542,749,158  	555,839,694  	568,912,632  	581,972,558  	595,022,561  	608,064,808  	621,100,869  	634,131,918  	647,158,849  	660,182,358  	673,202,997  	686,221,207  	699,237,348  	712,248,474
-Curtailment payment revenue ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Capacity payment revenue ($)                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Salvage value ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	804,710,910
-Total revenue ($)                                	0             	474,179,597  	476,368,028  	489,947,757  	503,269,522  	516,481,527  	529,633,820  	542,749,158  	555,839,694  	568,912,632  	581,972,558  	595,022,561  	608,064,808  	621,100,869  	634,131,918  	647,158,849  	660,182,358  	673,202,997  	686,221,207  	699,237,348  	1,516,959,384
+PPA price (cents/kWh)                                 	0.0           	15.0         	15.0         	15.41        	15.81        	16.22        	16.62        	17.03        	17.43        	17.84        	18.24        	18.65        	19.05        	19.46        	19.86        	20.27        	20.67        	21.08        	21.49        	21.89        	22.30
+PPA revenue ($)                                       	0             	474,179,597  	476,368,028  	489,947,757  	503,269,522  	516,481,527  	529,633,820  	542,749,158  	555,839,694  	568,912,632  	581,972,558  	595,022,561  	608,064,808  	621,100,869  	634,131,918  	647,158,849  	660,182,358  	673,202,997  	686,221,207  	699,237,348  	712,248,474
+Curtailment payment revenue ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Capacity payment revenue ($)                          	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Salvage value ($)                                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	804,710,910
+Total revenue ($)                                     	0             	474,179,597  	476,368,028  	489,947,757  	503,269,522  	516,481,527  	529,633,820  	542,749,158  	555,839,694  	568,912,632  	581,972,558  	595,022,561  	608,064,808  	621,100,869  	634,131,918  	647,158,849  	660,182,358  	673,202,997  	686,221,207  	699,237,348  	1,516,959,384
 
-Property tax net assessed value ($)              	0             	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820
+Property tax net assessed value ($)                   	0             	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820	1,609,421,820
 
 OPERATING EXPENSES
-O&M fixed expense ($)                            	0             	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846
-O&M production-based expense ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-O&M capacity-based expense ($)                   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Fuel expense ($)                                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Electricity purchase ($)                         	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Property tax expense ($)                         	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Insurance expense ($)                            	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Total operating expenses ($)                     	0             	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846
+O&M fixed expense ($)                                 	0             	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846
+O&M production-based expense ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+O&M capacity-based expense ($)                        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Fuel expense ($)                                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Electricity purchase ($)                              	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Property tax expense ($)                              	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Insurance expense ($)                                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Total operating expenses ($)                          	0             	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846   	26,961,846
 
-EBITDA ($)                                       	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
+EBITDA ($)                                            	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
 
 OPERATING ACTIVITIES
-EBITDA ($)                                       	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
-Interest earned on reserves ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+EBITDA ($)                                            	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
+Interest earned on reserves ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 plus PBI if not available for debt service:
-Federal PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PBI income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Utility PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Other PBI income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Debt interest payment ($)                        	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
-Cash flow from operating activities ($)          	0             	406,982,206  	410,387,464  	425,244,861  	439,908,178  	454,528,812  	469,160,166  	483,828,518  	498,549,719  	513,334,854  	528,192,588  	543,130,289  	558,154,619  	573,271,867  	588,488,162  	603,809,602  	619,242,346  	634,792,680  	650,467,071  	666,272,202  	1,486,922,677
+Federal PBI income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Utility PBI income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Other PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Debt interest payment ($)                             	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
+Cash flow from operating activities ($)               	0             	406,982,206  	410,387,464  	425,244,861  	439,908,178  	454,528,812  	469,160,166  	483,828,518  	498,549,719  	513,334,854  	528,192,588  	543,130,289  	558,154,619  	573,271,867  	588,488,162  	603,809,602  	619,242,346  	634,792,680  	650,467,071  	666,272,202  	1,486,922,677
 
 INVESTING ACTIVITIES
-Total installed cost ($)                         	-1,609,421,820
-Debt closing costs ($)                           	0
-Debt up-front fee ($)                            	0
+Total installed cost ($)                              	-1,609,421,820
+Debt closing costs ($)                                	0
+Debt up-front fee ($)                                 	0
 minus:
-Total IBI income ($)                             	0
-Total CBI income ($)                             	0
+Total IBI income ($)                                  	0
+Total CBI income ($)                                  	0
 equals:
-Purchase of property ($)                         	-1,609,421,820
+Purchase of property ($)                              	-1,609,421,820
 plus:
-Reserve (increase)/decrease debt service ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease working capital ($)  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease receivables ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease major equipment 1 ($)	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease major equipment 2 ($)	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve (increase)/decrease major equipment 3 ($)	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve capital spending major equipment 1 ($)   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve capital spending major equipment 2 ($)   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserve capital spending major equipment 3 ($)   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease debt service ($)          	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease working capital ($)       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease receivables ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease major equipment 1 ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease major equipment 2 ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve (increase)/decrease major equipment 3 ($)     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve capital spending major equipment 1 ($)        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve capital spending major equipment 2 ($)        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserve capital spending major equipment 3 ($)        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 equals:
-Cash flow from investing activities ($)          	-1,609,421,820	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Cash flow from investing activities ($)               	-1,609,421,820	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 
 FINANCING ACTIVITIES
-Issuance of equity ($)                           	804,710,910
-Size of debt ($)                                 	804,710,910
+Issuance of equity ($)                                	804,710,910
+Size of debt ($)                                      	804,710,910
 minus:
-Debt principal payment ($)                       	0             	24,336,540   	25,553,367   	26,831,035   	28,172,587   	29,581,216   	31,060,277   	32,613,291   	34,243,956   	35,956,153   	37,753,961   	39,641,659   	41,623,742   	43,704,929   	45,890,176   	48,184,684   	50,593,918   	53,123,614   	55,779,795   	58,568,785   	61,497,224
+Debt principal payment ($)                            	0             	24,336,540   	25,553,367   	26,831,035   	28,172,587   	29,581,216   	31,060,277   	32,613,291   	34,243,956   	35,956,153   	37,753,961   	39,641,659   	41,623,742   	43,704,929   	45,890,176   	48,184,684   	50,593,918   	53,123,614   	55,779,795   	58,568,785   	61,497,224
 equals:
-Cash flow from financing activities ($)          	1,609,421,820 	-24,336,540  	-25,553,367  	-26,831,035  	-28,172,587  	-29,581,216  	-31,060,277  	-32,613,291  	-34,243,956  	-35,956,153  	-37,753,961  	-39,641,659  	-41,623,742  	-43,704,929  	-45,890,176  	-48,184,684  	-50,593,918  	-53,123,614  	-55,779,795  	-58,568,785  	-61,497,224
+Cash flow from financing activities ($)               	1,609,421,820 	-24,336,540  	-25,553,367  	-26,831,035  	-28,172,587  	-29,581,216  	-31,060,277  	-32,613,291  	-34,243,956  	-35,956,153  	-37,753,961  	-39,641,659  	-41,623,742  	-43,704,929  	-45,890,176  	-48,184,684  	-50,593,918  	-53,123,614  	-55,779,795  	-58,568,785  	-61,497,224
 
 PROJECT RETURNS
 Pre-tax Cash Flow:
-Cash flow from operating activities ($)          	0             	406,982,206  	410,387,464  	425,244,861  	439,908,178  	454,528,812  	469,160,166  	483,828,518  	498,549,719  	513,334,854  	528,192,588  	543,130,289  	558,154,619  	573,271,867  	588,488,162  	603,809,602  	619,242,346  	634,792,680  	650,467,071  	666,272,202  	1,486,922,677
-Cash flow from investing activities ($)          	-1,609,421,820	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Cash flow from financing activities ($)          	1,609,421,820 	-24,336,540  	-25,553,367  	-26,831,035  	-28,172,587  	-29,581,216  	-31,060,277  	-32,613,291  	-34,243,956  	-35,956,153  	-37,753,961  	-39,641,659  	-41,623,742  	-43,704,929  	-45,890,176  	-48,184,684  	-50,593,918  	-53,123,614  	-55,779,795  	-58,568,785  	-61,497,224
-Total pre-tax cash flow ($)                      	0             	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
+Cash flow from operating activities ($)               	0             	406,982,206  	410,387,464  	425,244,861  	439,908,178  	454,528,812  	469,160,166  	483,828,518  	498,549,719  	513,334,854  	528,192,588  	543,130,289  	558,154,619  	573,271,867  	588,488,162  	603,809,602  	619,242,346  	634,792,680  	650,467,071  	666,272,202  	1,486,922,677
+Cash flow from investing activities ($)               	-1,609,421,820	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Cash flow from financing activities ($)               	1,609,421,820 	-24,336,540  	-25,553,367  	-26,831,035  	-28,172,587  	-29,581,216  	-31,060,277  	-32,613,291  	-34,243,956  	-35,956,153  	-37,753,961  	-39,641,659  	-41,623,742  	-43,704,929  	-45,890,176  	-48,184,684  	-50,593,918  	-53,123,614  	-55,779,795  	-58,568,785  	-61,497,224
+Total pre-tax cash flow ($)                           	0             	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
 
 Pre-tax Returns:
-Issuance of equity ($)                           	804,710,910
-Total pre-tax cash flow ($)                      	0             	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
-Total pre-tax returns ($)                        	-804,710,910  	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
+Issuance of equity ($)                                	804,710,910
+Total pre-tax cash flow ($)                           	0             	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
+Total pre-tax returns ($)                             	-804,710,910  	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
 
 After-tax Returns:
-Total pre-tax returns ($)                        	-804,710,910  	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
-Federal ITC total income ($)                     	0             	482,826,546  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal PTC income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal tax benefit (liability) ($)              	0             	-72,804,323  	-66,790,068  	-69,691,718  	-72,555,464  	-75,410,874  	-78,268,377  	-81,133,106  	-84,008,157  	-86,895,694  	-89,797,409  	-92,714,742  	-95,648,994  	-98,601,392  	-101,573,135 	-104,565,412 	-107,579,427 	-110,616,407 	-113,677,616 	-116,764,358 	-277,037,395
-State ITC total income ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PTC income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State tax benefit (liability) ($)                	0             	-26,094,739  	-23,939,093  	-24,979,110  	-26,005,543  	-27,028,987  	-28,053,182  	-29,079,966  	-30,110,450  	-31,145,410  	-32,185,451  	-33,231,090  	-34,282,793  	-35,341,001  	-36,406,141  	-37,478,642  	-38,558,934  	-39,647,458  	-40,744,665  	-41,851,024  	-99,296,557
-Total after-tax returns ($)                      	-804,710,910  	766,573,150  	294,104,937  	303,742,997  	313,174,585  	322,507,735  	331,778,331  	341,002,154  	350,187,156  	359,337,597  	368,455,767  	377,542,798  	386,599,090  	395,624,545  	404,618,711  	413,580,864  	422,510,066  	431,405,201  	440,264,996  	449,088,035  	1,049,091,500
-
-After-tax cumulative IRR (%)                     	NaN           	-4.74        	24.59        	40.43        	48.73        	53.26        	55.83        	57.34        	58.25        	58.80        	59.15        	59.36        	59.50        	59.58        	59.64        	59.67        	59.69        	59.71        	59.72        	59.72        	59.73
-After-tax cumulative NPV ($)                     	-804,710,910  	-102,334,925 	144,572,650  	378,216,539  	598,941,126  	807,208,091  	1,003,518,949	1,188,390,241	1,362,341,918	1,525,890,624	1,679,545,330	1,823,804,273	1,959,152,769	2,086,061,612	2,204,985,930	2,316,364,386	2,420,618,660	2,518,153,155	2,609,354,883	2,694,593,509	2,877,039,523
+Total pre-tax returns ($)                             	-804,710,910  	382,645,666  	384,834,097  	398,413,826  	411,735,591  	424,947,596  	438,099,889  	451,215,227  	464,305,764  	477,378,701  	490,438,627  	503,488,630  	516,530,877  	529,566,938  	542,597,987  	555,624,918  	568,648,427  	581,669,066  	594,687,276  	607,703,417  	1,425,425,453
+Federal ITC total income ($)                          	0             	482,826,546  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal PTC income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal tax benefit (liability) ($)                   	0             	-72,804,323  	-66,790,068  	-69,691,718  	-72,555,464  	-75,410,874  	-78,268,377  	-81,133,106  	-84,008,157  	-86,895,694  	-89,797,409  	-92,714,742  	-95,648,994  	-98,601,392  	-101,573,135 	-104,565,412 	-107,579,427 	-110,616,407 	-113,677,616 	-116,764,358 	-277,037,395
+State ITC total income ($)                            	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PTC income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State tax benefit (liability) ($)                     	0             	-26,094,739  	-23,939,093  	-24,979,110  	-26,005,543  	-27,028,987  	-28,053,182  	-29,079,966  	-30,110,450  	-31,145,410  	-32,185,451  	-33,231,090  	-34,282,793  	-35,341,001  	-36,406,141  	-37,478,642  	-38,558,934  	-39,647,458  	-40,744,665  	-41,851,024  	-99,296,557
+Total after-tax returns ($)                           	-804,710,910  	766,573,150  	294,104,937  	303,742,997  	313,174,585  	322,507,735  	331,778,331  	341,002,154  	350,187,156  	359,337,597  	368,455,767  	377,542,798  	386,599,090  	395,624,545  	404,618,711  	413,580,864  	422,510,066  	431,405,201  	440,264,996  	449,088,035  	1,049,091,500
+
+After-tax cumulative IRR (%)                          	NaN           	-4.74        	24.59        	40.43        	48.73        	53.26        	55.83        	57.34        	58.25        	58.80        	59.15        	59.36        	59.50        	59.58        	59.64        	59.67        	59.69        	59.71        	59.72        	59.72        	59.73
+After-tax cumulative NPV ($)                          	-804,710,910  	-102,334,925 	144,572,651  	378,216,539  	598,941,126  	807,208,091  	1,003,518,949	1,188,390,241	1,362,341,917	1,525,890,624	1,679,545,329	1,823,804,273	1,959,152,768	2,086,061,612	2,204,985,930	2,316,364,386	2,420,618,660	2,518,153,154	2,609,354,882	2,694,593,509	2,877,039,523
 
 AFTER-TAX LCOE AND PPA PRICE
-Annual costs ($)                                 	-804,710,910  	292,393,552  	-182,263,092 	-186,204,759 	-190,094,937 	-193,973,792 	-197,855,490 	-201,747,003 	-205,652,538 	-209,575,034 	-213,516,791 	-217,479,763 	-221,465,718 	-225,476,324 	-229,513,207 	-233,577,985 	-237,672,292 	-241,797,796 	-245,956,212 	-250,149,313 	336,843,026
-PPA revenue ($)                                  	0             	474,179,597  	476,368,028  	489,947,757  	503,269,522  	516,481,527  	529,633,820  	542,749,158  	555,839,694  	568,912,632  	581,972,558  	595,022,561  	608,064,808  	621,100,869  	634,131,918  	647,158,849  	660,182,358  	673,202,997  	686,221,207  	699,237,348  	712,248,474
-Electricity to grid (kWh)                        	0.0           	3,161,197,316	3,175,786,856	3,180,379,788	3,183,105,655	3,185,018,384	3,186,478,581	3,187,652,210	3,188,628,989	3,189,462,709	3,190,188,061	3,190,828,668	3,191,401,306	3,191,918,303	3,192,388,967	3,192,820,492	3,193,218,548	3,193,587,678	3,193,931,576	3,194,253,285	3,194,540,808
+Annual costs ($)                                      	-804,710,910  	292,393,552  	-182,263,092 	-186,204,759 	-190,094,937 	-193,973,792 	-197,855,490 	-201,747,003 	-205,652,538 	-209,575,034 	-213,516,791 	-217,479,763 	-221,465,718 	-225,476,324 	-229,513,207 	-233,577,985 	-237,672,292 	-241,797,796 	-245,956,212 	-250,149,313 	336,843,026
+PPA revenue ($)                                       	0             	474,179,597  	476,368,028  	489,947,757  	503,269,522  	516,481,527  	529,633,820  	542,749,158  	555,839,694  	568,912,632  	581,972,558  	595,022,561  	608,064,808  	621,100,869  	634,131,918  	647,158,849  	660,182,358  	673,202,997  	686,221,207  	699,237,348  	712,248,474
+Electricity to grid (kWh)                             	0.0           	3,161,197,316	3,175,786,856	3,180,379,788	3,183,105,655	3,185,018,384	3,186,478,581	3,187,652,210	3,188,628,989	3,189,462,709	3,190,188,061	3,190,828,668	3,191,401,306	3,191,918,303	3,192,388,967	3,192,820,492	3,193,218,548	3,193,587,678	3,193,931,576	3,194,253,285	3,194,540,808
 
-Present value of annual costs ($)                	2,121,805,148
-Present value of annual energy nominal (kWh)     	28,780,754,350
-LCOE Levelized cost of energy nominal (cents/kWh)	7.37
+Present value of annual costs ($)                     	2,121,805,148
+Present value of annual energy nominal (kWh)          	28,780,754,350
+LCOE Levelized cost of energy nominal (cents/kWh)     	7.37
 
-Present value of PPA revenue ($)                 	4,998,844,672
-Present value of annual energy nominal (kWh)     	28,780,754,350
-LPPA Levelized PPA price nominal (cents/kWh)     	17.37
+Present value of PPA revenue ($)                      	4,998,844,672
+Present value of annual energy nominal (kWh)          	28,780,754,350
+LPPA Levelized PPA price nominal (cents/kWh)          	17.37
 
 PROJECT STATE INCOME TAXES
-EBITDA ($)                                       	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
-State taxable PBI income ($)                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Interest earned on reserves ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State taxable IBI income ($)                     	0
-State taxable CBI income ($)                     	0
+EBITDA ($)                                            	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
+State taxable PBI income ($)                          	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Interest earned on reserves ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State taxable IBI income ($)                          	0
+State taxable CBI income ($)                          	0
 minus:
-Debt interest payment ($)                        	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
-Total state tax depreciation ($)                 	0             	34,200,214   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427
+Debt interest payment ($)                             	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
+Total state tax depreciation ($)                      	0             	34,200,214   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427
 equals:
-State taxable income ($)                         	0             	372,781,993  	341,987,037  	356,844,434  	371,507,751  	386,128,385  	400,759,739  	415,428,090  	430,149,292  	444,934,427  	459,792,161  	474,729,862  	489,754,191  	504,871,440  	520,087,735  	535,409,175  	550,841,918  	566,392,253  	582,066,644  	597,871,774  	1,418,522,250
+State taxable income ($)                              	0             	372,781,993  	341,987,037  	356,844,434  	371,507,751  	386,128,385  	400,759,739  	415,428,090  	430,149,292  	444,934,427  	459,792,161  	474,729,862  	489,754,191  	504,871,440  	520,087,735  	535,409,175  	550,841,918  	566,392,253  	582,066,644  	597,871,774  	1,418,522,250
 
-State income tax rate (frac)                     	0.0           	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07
-State tax benefit (liability) ($)                	0             	-26,094,739  	-23,939,093  	-24,979,110  	-26,005,543  	-27,028,987  	-28,053,182  	-29,079,966  	-30,110,450  	-31,145,410  	-32,185,451  	-33,231,090  	-34,282,793  	-35,341,001  	-36,406,141  	-37,478,642  	-38,558,934  	-39,647,458  	-40,744,665  	-41,851,024  	-99,296,557
+State income tax rate (frac)                          	0.0           	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07         	0.07
+State tax benefit (liability) ($)                     	0             	-26,094,739  	-23,939,093  	-24,979,110  	-26,005,543  	-27,028,987  	-28,053,182  	-29,079,966  	-30,110,450  	-31,145,410  	-32,185,451  	-33,231,090  	-34,282,793  	-35,341,001  	-36,406,141  	-37,478,642  	-38,558,934  	-39,647,458  	-40,744,665  	-41,851,024  	-99,296,557
 
 PROJECT FEDERAL INCOME TAXES
-EBITDA ($)                                       	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
-Interest earned on reserves ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State tax benefit (liability) ($)                	0             	-26,094,739  	-23,939,093  	-24,979,110  	-26,005,543  	-27,028,987  	-28,053,182  	-29,079,966  	-30,110,450  	-31,145,410  	-32,185,451  	-33,231,090  	-34,282,793  	-35,341,001  	-36,406,141  	-37,478,642  	-38,558,934  	-39,647,458  	-40,744,665  	-41,851,024  	-99,296,557
-State ITC total income ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PTC income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal taxable IBI income ($)                   	0
-Federal taxable CBI income ($)                   	0
-Federal taxable PBI income ($)                   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+EBITDA ($)                                            	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
+Interest earned on reserves ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State tax benefit (liability) ($)                     	0             	-26,094,739  	-23,939,093  	-24,979,110  	-26,005,543  	-27,028,987  	-28,053,182  	-29,079,966  	-30,110,450  	-31,145,410  	-32,185,451  	-33,231,090  	-34,282,793  	-35,341,001  	-36,406,141  	-37,478,642  	-38,558,934  	-39,647,458  	-40,744,665  	-41,851,024  	-99,296,557
+State ITC total income ($)                            	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PTC income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal taxable IBI income ($)                        	0
+Federal taxable CBI income ($)                        	0
+Federal taxable PBI income ($)                        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 minus:
-Debt interest payment ($)                        	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
-Total federal tax depreciation ($)               	0             	34,200,214   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427
+Debt interest payment ($)                             	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
+Total federal tax depreciation ($)                    	0             	34,200,214   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427   	68,400,427
 equals:
-Federal taxable income ($)                       	0             	346,687,253  	318,047,944  	331,865,323  	345,502,208  	359,099,398  	372,706,557  	386,348,124  	400,038,841  	413,789,017  	427,606,710  	441,498,772  	455,471,398  	469,530,439  	483,681,593  	497,930,532  	512,282,984  	526,744,795  	541,321,979  	556,020,750  	1,319,225,692
+Federal taxable income ($)                            	0             	346,687,253  	318,047,944  	331,865,323  	345,502,208  	359,099,398  	372,706,557  	386,348,124  	400,038,841  	413,789,017  	427,606,710  	441,498,772  	455,471,398  	469,530,439  	483,681,593  	497,930,532  	512,282,984  	526,744,795  	541,321,979  	556,020,750  	1,319,225,692
 
-Federal income tax rate (frac)                   	0.0           	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21
-Federal tax benefit (liability) ($)              	0             	-72,804,323  	-66,790,068  	-69,691,718  	-72,555,464  	-75,410,874  	-78,268,377  	-81,133,106  	-84,008,157  	-86,895,694  	-89,797,409  	-92,714,742  	-95,648,994  	-98,601,392  	-101,573,135 	-104,565,412 	-107,579,427 	-110,616,407 	-113,677,616 	-116,764,358 	-277,037,395
+Federal income tax rate (frac)                        	0.0           	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21         	0.21
+Federal tax benefit (liability) ($)                   	0             	-72,804,323  	-66,790,068  	-69,691,718  	-72,555,464  	-75,410,874  	-78,268,377  	-81,133,106  	-84,008,157  	-86,895,694  	-89,797,409  	-92,714,742  	-95,648,994  	-98,601,392  	-101,573,135 	-104,565,412 	-107,579,427 	-110,616,407 	-113,677,616 	-116,764,358 	-277,037,395
 
 CASH INCENTIVES
-Federal IBI income ($)                           	0
-State IBI income ($)                             	0
-Utility IBI income ($)                           	0
-Other IBI income ($)                             	0
-Total IBI income ($)                             	0
-
-Federal CBI income ($)                           	0
-State CBI income ($)                             	0
-Utility CBI income ($)                           	0
-Other CBI income ($)                             	0
-Total CBI income ($)                             	0
-
-Federal PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PBI income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Utility PBI income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Other PBI income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Total PBI income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal IBI income ($)                                	0
+State IBI income ($)                                  	0
+Utility IBI income ($)                                	0
+Other IBI income ($)                                  	0
+Total IBI income ($)                                  	0
+
+Federal CBI income ($)                                	0
+State CBI income ($)                                  	0
+Utility CBI income ($)                                	0
+Other CBI income ($)                                  	0
+Total CBI income ($)                                  	0
+
+Federal PBI income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Utility PBI income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Other PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Total PBI income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 
 TAX CREDITS
-Federal PTC income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State PTC income ($)                             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal PTC income ($)                                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State PTC income ($)                                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 
-Federal ITC amount income ($)                    	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal ITC percent income ($)                   	0             	482,826,546  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Federal ITC total income ($)                     	0             	482,826,546  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal ITC amount income ($)                         	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal ITC percent income ($)                        	0             	482,826,546  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Federal ITC total income ($)                          	0             	482,826,546  	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 
-State ITC amount income ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State ITC percent income ($)                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-State ITC total income ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State ITC amount income ($)                           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State ITC percent income ($)                          	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+State ITC total income ($)                            	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 
 DEBT REPAYMENT
-Debt balance ($)                                 	804,710,910   	780,374,370  	754,821,003  	727,989,968  	699,817,381  	670,236,165  	639,175,888  	606,562,597  	572,318,641  	536,362,488  	498,608,527  	458,966,868  	417,343,126  	373,638,197  	327,748,021  	279,563,337  	228,969,419  	175,845,804  	120,066,009  	61,497,224   	0
-Debt interest payment ($)                        	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
-Debt principal payment ($)                       	0             	24,336,540   	25,553,367   	26,831,035   	28,172,587   	29,581,216   	31,060,277   	32,613,291   	34,243,956   	35,956,153   	37,753,961   	39,641,659   	41,623,742   	43,704,929   	45,890,176   	48,184,684   	50,593,918   	53,123,614   	55,779,795   	58,568,785   	61,497,224
-Debt total payment ($)                           	0             	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085
+Debt balance ($)                                      	804,710,910   	780,374,370  	754,821,003  	727,989,968  	699,817,381  	670,236,165  	639,175,888  	606,562,597  	572,318,641  	536,362,488  	498,608,527  	458,966,868  	417,343,126  	373,638,197  	327,748,021  	279,563,337  	228,969,419  	175,845,804  	120,066,009  	61,497,224   	0
+Debt interest payment ($)                             	0             	40,235,545   	39,018,719   	37,741,050   	36,399,498   	34,990,869   	33,511,808   	31,958,794   	30,328,130   	28,615,932   	26,818,124   	24,930,426   	22,948,343   	20,867,156   	18,681,910   	16,387,401   	13,978,167   	11,448,471   	8,792,290    	6,003,300    	3,074,861
+Debt principal payment ($)                            	0             	24,336,540   	25,553,367   	26,831,035   	28,172,587   	29,581,216   	31,060,277   	32,613,291   	34,243,956   	35,956,153   	37,753,961   	39,641,659   	41,623,742   	43,704,929   	45,890,176   	48,184,684   	50,593,918   	53,123,614   	55,779,795   	58,568,785   	61,497,224
+Debt total payment ($)                                	0             	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085
 
 DSCR (DEBT FRACTION)
-EBITDA ($)                                       	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
+EBITDA ($)                                            	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
 minus:
-Reserves major equipment 1 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 2 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 3 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves receivables funding ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 1 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 2 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 3 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves receivables funding ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
 equals:
-Cash available for debt service (CAFDS) ($)      	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
-Debt total payment ($)                           	0             	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085
-DSCR (pre-tax)                                   	0.0           	6.93         	6.96         	7.17         	7.38         	7.58         	7.78         	7.99         	8.19         	8.39         	8.60         	8.80         	9.0          	9.20         	9.40         	9.60         	9.81         	10.01        	10.21        	10.41        	23.07
+Cash available for debt service (CAFDS) ($)           	0             	447,217,752  	449,406,183  	462,985,911  	476,307,677  	489,519,681  	502,671,975  	515,787,312  	528,877,849  	541,950,786  	555,010,713  	568,060,716  	581,102,962  	594,139,023  	607,170,072  	620,197,003  	633,220,513  	646,241,151  	659,259,362  	672,275,502  	1,489,997,538
+Debt total payment ($)                                	0             	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085   	64,572,085
+DSCR (pre-tax)                                        	0.0           	6.93         	6.96         	7.17         	7.38         	7.58         	7.78         	7.99         	8.19         	8.39         	8.60         	8.80         	9.0          	9.20         	9.40         	9.60         	9.81         	10.01        	10.21        	10.41        	23.07
 
 RESERVES
-Reserves working capital funding ($)             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves working capital disbursement ($)        	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves working capital balance ($)             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves debt service funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves debt service disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves debt service balance ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves receivables funding ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves receivables disbursement ($)            	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves receivables balance ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves major equipment 1 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 1 disbursement ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 1 balance ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves major equipment 2 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 2 disbursement ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 2 balance ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves major equipment 3 funding ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 3 disbursement ($)      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Reserves major equipment 3 balance ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-
-Reserves total reserves balance ($)              	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
-Interest on reserves (%/year)                    	1.75
-Interest earned on reserves ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+Reserves working capital funding ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves working capital disbursement ($)             	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves working capital balance ($)                  	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves debt service funding ($)                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves debt service disbursement ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves debt service balance ($)                     	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves receivables funding ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves receivables disbursement ($)                 	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves receivables balance ($)                      	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves major equipment 1 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 1 disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 1 balance ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves major equipment 2 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 2 disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 2 balance ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves major equipment 3 funding ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 3 disbursement ($)           	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Reserves major equipment 3 balance ($)                	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+
+Reserves total reserves balance ($)                   	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+Interest on reserves (%/year)                         	1.75
+Interest earned on reserves ($)                       	0             	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0            	0
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
diff --git a/tests/examples/example_SAM-single-owner-PPA-3.out b/tests/examples/example_SAM-single-owner-PPA-3.out
index 50a70f80..5242c7f2 100644
--- a/tests/examples/example_SAM-single-owner-PPA-3.out
+++ b/tests/examples/example_SAM-single-owner-PPA-3.out
@@ -4,10 +4,10 @@
 
 Simulation Metadata
 ----------------------
- GEOPHIRES Version: 3.9.43
- Simulation Date: 2025-07-28
- Simulation Time:  13:40
- Calculation Time:      1.157 sec
+ GEOPHIRES Version: 3.10.12
+ Simulation Date: 2025-11-28
+ Simulation Time:  10:10
+ Calculation Time:      1.174 sec
 
                            ***SUMMARY OF RESULTS***
 
@@ -28,7 +28,6 @@ Simulation Metadata
       Real Discount Rate:                                    8.00 %
       Nominal Discount Rate:                                10.16 %
       WACC:                                                  7.57 %
-      Accrued financing during construction:                 5.00 %
       Project lifetime:                                      20 yr
       Capacity factor:                                       90.0 %
       Project NPV:                                         210.63 MUSD
@@ -106,6 +105,7 @@ Simulation Metadata
          Field gathering system costs:                        5.80 MUSD
          Total surface equipment costs:                     150.23 MUSD
          Exploration costs:                                   3.89 MUSD
+         Overnight Capital Cost:                            262.36 MUSD
          Inflation costs during construction:                13.12 MUSD
          Total Add-on CAPEX:                                 50.00 MUSD
       Total CAPEX:                                          275.47 MUSD
@@ -194,222 +194,235 @@ Simulation Metadata
                             ***************************
                             *  SAM CASH FLOW PROFILE  *
                             ***************************
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-                                                 	Year 0         	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+                                                      	Year 0         	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20
+CONSTRUCTION
+Purchase of property [construction] ($)               	-275,473,424
+Cash flow from investing activities [construction] ($)	-275,473,424
+
+Issuance of equity [construction] ($)                 	165,284,055
+Issuance of debt [construction] ($)                   	110,189,370
+Debt balance [construction] ($)                       	110,189,370
+Debt interest payment [construction] ($)              	0
+Cash flow from financing activities [construction] ($)	275,473,424
+
+Total pre-tax returns [construction] ($)              	-165,284,055
+Total after-tax returns [construction] ($)            	-165,284,055
+
 ENERGY
-Electricity to grid (kWh)                        	0.0            	459,393,200	462,061,296	462,867,882	463,343,815	463,676,568	463,929,931	464,133,155	464,302,013	464,445,938	464,571,006	464,681,345	464,779,886	464,868,777	464,949,642	465,023,726	465,092,011	465,155,313	465,214,308	465,269,475	465,319,040
-Electricity from grid (kWh)                      	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
-Electricity to grid net (kWh)                    	0.0            	459,393,200	462,061,296	462,867,882	463,343,815	463,676,568	463,929,931	464,133,155	464,302,013	464,445,938	464,571,006	464,681,345	464,779,886	464,868,777	464,949,642	465,023,726	465,092,011	465,155,313	465,214,308	465,269,475	465,319,040
+Electricity to grid (kWh)                             	0.0            	459,393,200	462,061,296	462,867,882	463,343,815	463,676,568	463,929,931	464,133,155	464,302,013	464,445,938	464,571,006	464,681,345	464,779,886	464,868,777	464,949,642	465,023,726	465,092,011	465,155,313	465,214,308	465,269,475	465,319,040
+Electricity from grid (kWh)                           	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
+Electricity to grid net (kWh)                         	0.0            	459,393,200	462,061,296	462,867,882	463,343,815	463,676,568	463,929,931	464,133,155	464,302,013	464,445,938	464,571,006	464,681,345	464,779,886	464,868,777	464,949,642	465,023,726	465,092,011	465,155,313	465,214,308	465,269,475	465,319,040
 
 REVENUE
-PPA price (cents/kWh)                            	0.0            	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80
-PPA revenue ($)                                  	0              	36,751,456 	36,964,904 	38,519,865 	40,051,439 	41,573,241 	43,089,812 	44,603,196 	46,114,476 	47,624,287 	49,133,030 	50,640,973 	52,148,303 	53,655,154 	55,161,626 	56,667,791 	58,173,709 	59,679,427 	61,184,986 	62,690,409 	64,195,415
-Curtailment payment revenue ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Capacity payment revenue ($)                     	0              	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000
-Salvage value ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	137,736,712
-Total revenue ($)                                	0              	51,751,456 	51,964,904 	53,519,865 	55,051,439 	56,573,241 	58,089,812 	59,603,196 	61,114,476 	62,624,287 	64,133,030 	65,640,973 	67,148,303 	68,655,154 	70,161,626 	71,667,791 	73,173,709 	74,679,427 	76,184,986 	77,690,409 	216,932,127
+PPA price (cents/kWh)                                 	0.0            	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80
+PPA revenue ($)                                       	0              	36,751,456 	36,964,904 	38,519,865 	40,051,439 	41,573,241 	43,089,812 	44,603,196 	46,114,476 	47,624,287 	49,133,030 	50,640,973 	52,148,303 	53,655,154 	55,161,626 	56,667,791 	58,173,709 	59,679,427 	61,184,986 	62,690,409 	64,195,415
+Curtailment payment revenue ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Capacity payment revenue ($)                          	0              	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000 	15,000,000
+Salvage value ($)                                     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	137,736,712
+Total revenue ($)                                     	0              	51,751,456 	51,964,904 	53,519,865 	55,051,439 	56,573,241 	58,089,812 	59,603,196 	61,114,476 	62,624,287 	64,133,030 	65,640,973 	67,148,303 	68,655,154 	70,161,626 	71,667,791 	73,173,709 	74,679,427 	76,184,986 	77,690,409 	216,932,127
 
-Property tax net assessed value ($)              	0              	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424
+Property tax net assessed value ($)                   	0              	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424	275,473,424
 
 OPERATING EXPENSES
-O&M fixed expense ($)                            	0              	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142
-O&M production-based expense ($)                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-O&M capacity-based expense ($)                   	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Fuel expense ($)                                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Electricity purchase ($)                         	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Property tax expense ($)                         	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Insurance expense ($)                            	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Total operating expenses ($)                     	0              	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142
+O&M fixed expense ($)                                 	0              	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142
+O&M production-based expense ($)                      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+O&M capacity-based expense ($)                        	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Fuel expense ($)                                      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Electricity purchase ($)                              	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Property tax expense ($)                              	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Insurance expense ($)                                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total operating expenses ($)                          	0              	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142  	7,599,142
 
-EBITDA ($)                                       	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
+EBITDA ($)                                            	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
 
 OPERATING ACTIVITIES
-EBITDA ($)                                       	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
-Interest earned on reserves ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+EBITDA ($)                                            	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
+Interest earned on reserves ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 plus PBI if not available for debt service:
-Federal PBI income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PBI income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Utility PBI income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Other PBI income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Debt interest payment ($)                        	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
-Cash flow from operating activities ($)          	0              	38,642,845 	39,022,913 	40,752,827 	42,468,100 	44,182,786 	45,901,885 	47,627,924 	49,362,491 	51,106,754 	52,861,671 	54,628,098 	56,406,835 	58,198,664 	60,004,362 	61,824,716 	63,660,531 	65,512,641 	67,381,912 	69,269,232 	208,911,943
+Federal PBI income ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Debt interest payment ($)                             	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
+Cash flow from operating activities ($)               	0              	38,642,845 	39,022,913 	40,752,827 	42,468,100 	44,182,786 	45,901,885 	47,627,924 	49,362,491 	51,106,754 	52,861,671 	54,628,098 	56,406,835 	58,198,664 	60,004,362 	61,824,716 	63,660,531 	65,512,641 	67,381,912 	69,269,232 	208,911,943
 
 INVESTING ACTIVITIES
-Total installed cost ($)                         	-275,473,424
-Debt closing costs ($)                           	0
-Debt up-front fee ($)                            	0
+Total installed cost ($)                              	-275,473,424
+Debt closing costs ($)                                	0
+Debt up-front fee ($)                                 	0
 minus:
-Total IBI income ($)                             	0
-Total CBI income ($)                             	0
+Total IBI income ($)                                  	0
+Total CBI income ($)                                  	0
 equals:
-Purchase of property ($)                         	-275,473,424
+Purchase of property ($)                              	-275,473,424
 plus:
-Reserve (increase)/decrease debt service ($)     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease working capital ($)  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease receivables ($)      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 1 ($)	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 2 ($)	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 3 ($)	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 1 ($)   	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 2 ($)   	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 3 ($)   	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease debt service ($)          	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease working capital ($)       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease receivables ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 1 ($)     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 2 ($)     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 3 ($)     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 1 ($)        	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 2 ($)        	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 3 ($)        	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 equals:
-Cash flow from investing activities ($)          	-275,473,424   	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Cash flow from investing activities ($)               	-275,473,424   	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 FINANCING ACTIVITIES
-Issuance of equity ($)                           	165,284,055
-Size of debt ($)                                 	110,189,370
+Issuance of equity ($)                                	165,284,055
+Size of debt ($)                                      	110,189,370
 minus:
-Debt principal payment ($)                       	0              	3,332,412  	3,499,032  	3,673,984  	3,857,683  	4,050,567  	4,253,096  	4,465,750  	4,689,038  	4,923,490  	5,169,664  	5,428,147  	5,699,555  	5,984,532  	6,283,759  	6,597,947  	6,927,844  	7,274,237  	7,637,948  	8,019,846  	8,420,838
+Debt principal payment ($)                            	0              	3,332,412  	3,499,032  	3,673,984  	3,857,683  	4,050,567  	4,253,096  	4,465,750  	4,689,038  	4,923,490  	5,169,664  	5,428,147  	5,699,555  	5,984,532  	6,283,759  	6,597,947  	6,927,844  	7,274,237  	7,637,948  	8,019,846  	8,420,838
 equals:
-Cash flow from financing activities ($)          	275,473,424    	-3,332,412 	-3,499,032 	-3,673,984 	-3,857,683 	-4,050,567 	-4,253,096 	-4,465,750 	-4,689,038 	-4,923,490 	-5,169,664 	-5,428,147 	-5,699,555 	-5,984,532 	-6,283,759 	-6,597,947 	-6,927,844 	-7,274,237 	-7,637,948 	-8,019,846 	-8,420,838
+Cash flow from financing activities ($)               	275,473,424    	-3,332,412 	-3,499,032 	-3,673,984 	-3,857,683 	-4,050,567 	-4,253,096 	-4,465,750 	-4,689,038 	-4,923,490 	-5,169,664 	-5,428,147 	-5,699,555 	-5,984,532 	-6,283,759 	-6,597,947 	-6,927,844 	-7,274,237 	-7,637,948 	-8,019,846 	-8,420,838
 
 PROJECT RETURNS
 Pre-tax Cash Flow:
-Cash flow from operating activities ($)          	0              	38,642,845 	39,022,913 	40,752,827 	42,468,100 	44,182,786 	45,901,885 	47,627,924 	49,362,491 	51,106,754 	52,861,671 	54,628,098 	56,406,835 	58,198,664 	60,004,362 	61,824,716 	63,660,531 	65,512,641 	67,381,912 	69,269,232 	208,911,943
-Cash flow from investing activities ($)          	-275,473,424   	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Cash flow from financing activities ($)          	275,473,424    	-3,332,412 	-3,499,032 	-3,673,984 	-3,857,683 	-4,050,567 	-4,253,096 	-4,465,750 	-4,689,038 	-4,923,490 	-5,169,664 	-5,428,147 	-5,699,555 	-5,984,532 	-6,283,759 	-6,597,947 	-6,927,844 	-7,274,237 	-7,637,948 	-8,019,846 	-8,420,838
-Total pre-tax cash flow ($)                      	0              	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
+Cash flow from operating activities ($)               	0              	38,642,845 	39,022,913 	40,752,827 	42,468,100 	44,182,786 	45,901,885 	47,627,924 	49,362,491 	51,106,754 	52,861,671 	54,628,098 	56,406,835 	58,198,664 	60,004,362 	61,824,716 	63,660,531 	65,512,641 	67,381,912 	69,269,232 	208,911,943
+Cash flow from investing activities ($)               	-275,473,424   	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Cash flow from financing activities ($)               	275,473,424    	-3,332,412 	-3,499,032 	-3,673,984 	-3,857,683 	-4,050,567 	-4,253,096 	-4,465,750 	-4,689,038 	-4,923,490 	-5,169,664 	-5,428,147 	-5,699,555 	-5,984,532 	-6,283,759 	-6,597,947 	-6,927,844 	-7,274,237 	-7,637,948 	-8,019,846 	-8,420,838
+Total pre-tax cash flow ($)                           	0              	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
 
 Pre-tax Returns:
-Issuance of equity ($)                           	165,284,055
-Total pre-tax cash flow ($)                      	0              	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
-Total pre-tax returns ($)                        	-165,284,055   	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
+Issuance of equity ($)                                	165,284,055
+Total pre-tax cash flow ($)                           	0              	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
+Total pre-tax returns ($)                             	-165,284,055   	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
 
 After-tax Returns:
-Total pre-tax returns ($)                        	-165,284,055   	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
-Federal ITC total income ($)                     	0              	82,642,027 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal PTC income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal tax benefit (liability) ($)              	0              	-6,403,699 	-5,334,677 	-5,672,529 	-6,007,522 	-6,342,400 	-6,678,140 	-7,015,235 	-7,353,996 	-7,694,651 	-8,037,386 	-8,382,369 	-8,729,757 	-9,079,701 	-9,432,354 	-9,787,869 	-10,146,403	-10,508,120	-10,873,189	-11,241,783	-38,514,004
-State ITC total income ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State tax benefit (liability) ($)                	0              	-2,295,232 	-1,912,071 	-2,033,164 	-2,153,234 	-2,273,262 	-2,393,599 	-2,514,421 	-2,635,841 	-2,757,939 	-2,880,784 	-3,004,433 	-3,128,945 	-3,254,373 	-3,380,772 	-3,508,197 	-3,636,704 	-3,766,351 	-3,897,200 	-4,029,313 	-13,804,303
-Total after-tax returns ($)                      	-165,284,055   	109,253,530	28,277,134 	29,373,150 	30,449,662 	31,516,557 	32,577,051 	33,632,517 	34,683,616 	35,730,674 	36,773,837 	37,813,148 	38,848,579 	39,880,058 	40,907,478 	41,930,703 	42,949,579 	43,963,932 	44,973,574 	45,978,291 	148,172,798
-
-After-tax cumulative IRR (%)                     	NaN            	-33.90     	-14.01     	0.64       	10.10      	16.19      	20.21      	22.94      	24.84      	26.19      	27.16      	27.87      	28.40      	28.80      	29.10      	29.32      	29.50      	29.63      	29.73      	29.81      	30.0
-After-tax cumulative NPV ($)                     	-165,284,055   	-66,106,921	-42,805,225	-20,832,763	-155,799   	19,271,800 	37,501,025 	54,585,116 	70,578,228 	85,534,586 	99,507,908 	112,550,973	124,715,298	136,050,903	146,606,134	156,427,530	165,559,744	174,045,485	181,925,494	189,238,538	210,632,437
+Total pre-tax returns ($)                             	-165,284,055   	35,310,434 	35,523,881 	37,078,843 	38,610,417 	40,132,219 	41,648,789 	43,162,174 	44,673,453 	46,183,264 	47,692,007 	49,199,951 	50,707,281 	52,214,132 	53,720,603 	55,226,769 	56,732,686 	58,238,404 	59,743,963 	61,249,387 	200,491,104
+Federal ITC total income ($)                          	0              	82,642,027 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal tax benefit (liability) ($)                   	0              	-6,403,699 	-5,334,677 	-5,672,529 	-6,007,522 	-6,342,400 	-6,678,140 	-7,015,235 	-7,353,996 	-7,694,651 	-8,037,386 	-8,382,369 	-8,729,757 	-9,079,701 	-9,432,354 	-9,787,869 	-10,146,403	-10,508,120	-10,873,189	-11,241,783	-38,514,004
+State ITC total income ($)                            	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	0              	-2,295,232 	-1,912,071 	-2,033,164 	-2,153,234 	-2,273,262 	-2,393,599 	-2,514,421 	-2,635,841 	-2,757,939 	-2,880,784 	-3,004,433 	-3,128,945 	-3,254,373 	-3,380,772 	-3,508,197 	-3,636,704 	-3,766,351 	-3,897,200 	-4,029,313 	-13,804,303
+Total after-tax returns ($)                           	-165,284,055   	109,253,530	28,277,134 	29,373,150 	30,449,662 	31,516,557 	32,577,051 	33,632,517 	34,683,616 	35,730,674 	36,773,837 	37,813,148 	38,848,579 	39,880,058 	40,907,478 	41,930,703 	42,949,579 	43,963,932 	44,973,574 	45,978,291 	148,172,798
+
+After-tax cumulative IRR (%)                          	NaN            	-33.90     	-14.01     	0.64       	10.10      	16.19      	20.21      	22.94      	24.84      	26.19      	27.16      	27.87      	28.40      	28.80      	29.10      	29.32      	29.50      	29.63      	29.73      	29.81      	30.00
+After-tax cumulative NPV ($)                          	-165,284,055   	-66,106,922	-42,805,226	-20,832,763	-155,799   	19,271,800 	37,501,025 	54,585,116 	70,578,227 	85,534,586 	99,507,908 	112,550,972	124,715,297	136,050,903	146,606,133	156,427,530	165,559,743	174,045,484	181,925,493	189,238,538	210,632,436
 
 AFTER-TAX LCOE AND PPA PRICE
-Annual costs ($)                                 	-165,284,055   	57,502,074 	-23,687,770	-24,146,716	-24,601,778	-25,056,684	-25,512,761	-25,970,679	-26,430,860	-26,893,613	-27,359,192	-27,827,825	-28,299,724	-28,775,096	-29,254,148	-29,737,088	-30,224,130	-30,715,494	-31,211,412	-31,712,118	68,977,383
-PPA revenue ($)                                  	0              	36,751,456 	36,964,904 	38,519,865 	40,051,439 	41,573,241 	43,089,812 	44,603,196 	46,114,476 	47,624,287 	49,133,030 	50,640,973 	52,148,303 	53,655,154 	55,161,626 	56,667,791 	58,173,709 	59,679,427 	61,184,986 	62,690,409 	64,195,415
-Electricity to grid (kWh)                        	0.0            	459,393,200	462,061,296	462,867,882	463,343,815	463,676,568	463,929,931	464,133,155	464,302,013	464,445,938	464,571,006	464,681,345	464,779,886	464,868,777	464,949,642	465,023,726	465,092,011	465,155,313	465,214,308	465,269,475	465,319,040
+Annual costs ($)                                      	-165,284,055   	57,502,074 	-23,687,770	-24,146,716	-24,601,778	-25,056,684	-25,512,761	-25,970,679	-26,430,860	-26,893,613	-27,359,192	-27,827,825	-28,299,724	-28,775,096	-29,254,148	-29,737,088	-30,224,130	-30,715,494	-31,211,412	-31,712,118	68,977,383
+PPA revenue ($)                                       	0              	36,751,456 	36,964,904 	38,519,865 	40,051,439 	41,573,241 	43,089,812 	44,603,196 	46,114,476 	47,624,287 	49,133,030 	50,640,973 	52,148,303 	53,655,154 	55,161,626 	56,667,791 	58,173,709 	59,679,427 	61,184,986 	62,690,409 	64,195,415
+Electricity to grid (kWh)                             	0.0            	459,393,200	462,061,296	462,867,882	463,343,815	463,676,568	463,929,931	464,133,155	464,302,013	464,445,938	464,571,006	464,681,345	464,779,886	464,868,777	464,949,642	465,023,726	465,092,011	465,155,313	465,214,308	465,269,475	465,319,040
 
-Present value of annual costs ($)                	298,190,010
-Present value of annual energy nominal (kWh)     	3,903,105,303.0
-LCOE Levelized cost of energy nominal (cents/kWh)	7.64
+Present value of annual costs ($)                     	298,190,010
+Present value of annual energy nominal (kWh)          	3,903,105,303.0
+LCOE Levelized cost of energy nominal (cents/kWh)     	7.64
 
-Present value of PPA revenue ($)                 	382,501,304
-Present value of annual energy nominal (kWh)     	3,903,105,303.0
-LPPA Levelized PPA price nominal (cents/kWh)     	9.80
+Present value of PPA revenue ($)                      	382,501,304
+Present value of annual energy nominal (kWh)          	3,903,105,303.0
+LPPA Levelized PPA price nominal (cents/kWh)          	9.80
 
 PROJECT STATE INCOME TAXES
-EBITDA ($)                                       	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
-State taxable PBI income ($)                     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Interest earned on reserves ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State taxable IBI income ($)                     	0
-State taxable CBI income ($)                     	0
+EBITDA ($)                                            	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
+State taxable PBI income ($)                          	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Interest earned on reserves ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State taxable IBI income ($)                          	0
+State taxable CBI income ($)                          	0
 minus:
-Debt interest payment ($)                        	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
-Total state tax depreciation ($)                 	0              	5,853,810  	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621
+Debt interest payment ($)                             	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
+Total state tax depreciation ($)                      	0              	5,853,810  	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621
 equals:
-State taxable income ($)                         	0              	32,789,035 	27,315,293 	29,045,206 	30,760,479 	32,475,165 	34,194,264 	35,920,304 	37,654,871 	39,399,133 	41,154,051 	42,920,477 	44,699,215 	46,491,044 	48,296,742 	50,117,095 	51,952,910 	53,805,020 	55,674,291 	57,561,612 	197,204,322
+State taxable income ($)                              	0              	32,789,035 	27,315,293 	29,045,206 	30,760,479 	32,475,165 	34,194,264 	35,920,304 	37,654,871 	39,399,133 	41,154,051 	42,920,477 	44,699,215 	46,491,044 	48,296,742 	50,117,095 	51,952,910 	53,805,020 	55,674,291 	57,561,612 	197,204,322
 
-State income tax rate (frac)                     	0.0            	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
-State tax benefit (liability) ($)                	0              	-2,295,232 	-1,912,071 	-2,033,164 	-2,153,234 	-2,273,262 	-2,393,599 	-2,514,421 	-2,635,841 	-2,757,939 	-2,880,784 	-3,004,433 	-3,128,945 	-3,254,373 	-3,380,772 	-3,508,197 	-3,636,704 	-3,766,351 	-3,897,200 	-4,029,313 	-13,804,303
+State income tax rate (frac)                          	0.0            	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
+State tax benefit (liability) ($)                     	0              	-2,295,232 	-1,912,071 	-2,033,164 	-2,153,234 	-2,273,262 	-2,393,599 	-2,514,421 	-2,635,841 	-2,757,939 	-2,880,784 	-3,004,433 	-3,128,945 	-3,254,373 	-3,380,772 	-3,508,197 	-3,636,704 	-3,766,351 	-3,897,200 	-4,029,313 	-13,804,303
 
 PROJECT FEDERAL INCOME TAXES
-EBITDA ($)                                       	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
-Interest earned on reserves ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State tax benefit (liability) ($)                	0              	-2,295,232 	-1,912,071 	-2,033,164 	-2,153,234 	-2,273,262 	-2,393,599 	-2,514,421 	-2,635,841 	-2,757,939 	-2,880,784 	-3,004,433 	-3,128,945 	-3,254,373 	-3,380,772 	-3,508,197 	-3,636,704 	-3,766,351 	-3,897,200 	-4,029,313 	-13,804,303
-State ITC total income ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal taxable IBI income ($)                   	0
-Federal taxable CBI income ($)                   	0
-Federal taxable PBI income ($)                   	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+EBITDA ($)                                            	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
+Interest earned on reserves ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	0              	-2,295,232 	-1,912,071 	-2,033,164 	-2,153,234 	-2,273,262 	-2,393,599 	-2,514,421 	-2,635,841 	-2,757,939 	-2,880,784 	-3,004,433 	-3,128,945 	-3,254,373 	-3,380,772 	-3,508,197 	-3,636,704 	-3,766,351 	-3,897,200 	-4,029,313 	-13,804,303
+State ITC total income ($)                            	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal taxable IBI income ($)                        	0
+Federal taxable CBI income ($)                        	0
+Federal taxable PBI income ($)                        	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 minus:
-Debt interest payment ($)                        	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
-Total federal tax depreciation ($)               	0              	5,853,810  	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621
+Debt interest payment ($)                             	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
+Total federal tax depreciation ($)                    	0              	5,853,810  	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621 	11,707,621
 equals:
-Federal taxable income ($)                       	0              	30,493,802 	25,403,222 	27,012,042 	28,607,246 	30,201,904 	31,800,666 	33,405,882 	35,019,030 	36,641,194 	38,273,267 	39,916,044 	41,570,270 	43,236,671 	44,915,970 	46,608,899 	48,316,206 	50,038,669 	51,777,091 	53,532,299 	183,400,020
+Federal taxable income ($)                            	0              	30,493,802 	25,403,222 	27,012,042 	28,607,246 	30,201,904 	31,800,666 	33,405,882 	35,019,030 	36,641,194 	38,273,267 	39,916,044 	41,570,270 	43,236,671 	44,915,970 	46,608,899 	48,316,206 	50,038,669 	51,777,091 	53,532,299 	183,400,020
 
-Federal income tax rate (frac)                   	0.0            	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
-Federal tax benefit (liability) ($)              	0              	-6,403,699 	-5,334,677 	-5,672,529 	-6,007,522 	-6,342,400 	-6,678,140 	-7,015,235 	-7,353,996 	-7,694,651 	-8,037,386 	-8,382,369 	-8,729,757 	-9,079,701 	-9,432,354 	-9,787,869 	-10,146,403	-10,508,120	-10,873,189	-11,241,783	-38,514,004
+Federal income tax rate (frac)                        	0.0            	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
+Federal tax benefit (liability) ($)                   	0              	-6,403,699 	-5,334,677 	-5,672,529 	-6,007,522 	-6,342,400 	-6,678,140 	-7,015,235 	-7,353,996 	-7,694,651 	-8,037,386 	-8,382,369 	-8,729,757 	-9,079,701 	-9,432,354 	-9,787,869 	-10,146,403	-10,508,120	-10,873,189	-11,241,783	-38,514,004
 
 CASH INCENTIVES
-Federal IBI income ($)                           	0
-State IBI income ($)                             	0
-Utility IBI income ($)                           	0
-Other IBI income ($)                             	0
-Total IBI income ($)                             	0
-
-Federal CBI income ($)                           	0
-State CBI income ($)                             	0
-Utility CBI income ($)                           	0
-Other CBI income ($)                             	0
-Total CBI income ($)                             	0
-
-Federal PBI income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PBI income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Utility PBI income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Other PBI income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Total PBI income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal IBI income ($)                                	0
+State IBI income ($)                                  	0
+Utility IBI income ($)                                	0
+Other IBI income ($)                                  	0
+Total IBI income ($)                                  	0
+
+Federal CBI income ($)                                	0
+State CBI income ($)                                  	0
+Utility CBI income ($)                                	0
+Other CBI income ($)                                  	0
+Total CBI income ($)                                  	0
+
+Federal PBI income ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total PBI income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 TAX CREDITS
-Federal PTC income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
-Federal ITC amount income ($)                    	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal ITC percent income ($)                   	0              	82,642,027 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal ITC total income ($)                     	0              	82,642,027 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC amount income ($)                         	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC percent income ($)                        	0              	82,642,027 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC total income ($)                          	0              	82,642,027 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
-State ITC amount income ($)                      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State ITC percent income ($)                     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State ITC total income ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC amount income ($)                           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC percent income ($)                          	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC total income ($)                            	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 DEBT REPAYMENT
-Debt balance ($)                                 	110,189,370    	106,856,958	103,357,926	99,683,942 	95,826,259 	91,775,692 	87,522,596 	83,056,846 	78,367,808 	73,444,319 	68,274,654 	62,846,507 	57,146,952 	51,162,420 	44,878,661 	38,280,714 	31,352,869 	24,078,633 	16,440,684 	8,420,838  	0
-Debt interest payment ($)                        	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
-Debt principal payment ($)                       	0              	3,332,412  	3,499,032  	3,673,984  	3,857,683  	4,050,567  	4,253,096  	4,465,750  	4,689,038  	4,923,490  	5,169,664  	5,428,147  	5,699,555  	5,984,532  	6,283,759  	6,597,947  	6,927,844  	7,274,237  	7,637,948  	8,019,846  	8,420,838
-Debt total payment ($)                           	0              	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880
+Debt balance ($)                                      	110,189,370    	106,856,958	103,357,926	99,683,942 	95,826,259 	91,775,692 	87,522,596 	83,056,846 	78,367,808 	73,444,319 	68,274,654 	62,846,507 	57,146,952 	51,162,420 	44,878,661 	38,280,714 	31,352,869 	24,078,633 	16,440,684 	8,420,838  	0
+Debt interest payment ($)                             	0              	5,509,468  	5,342,848  	5,167,896  	4,984,197  	4,791,313  	4,588,785  	4,376,130  	4,152,842  	3,918,390  	3,672,216  	3,413,733  	3,142,325  	2,857,348  	2,558,121  	2,243,933  	1,914,036  	1,567,643  	1,203,932  	822,034    	421,042
+Debt principal payment ($)                            	0              	3,332,412  	3,499,032  	3,673,984  	3,857,683  	4,050,567  	4,253,096  	4,465,750  	4,689,038  	4,923,490  	5,169,664  	5,428,147  	5,699,555  	5,984,532  	6,283,759  	6,597,947  	6,927,844  	7,274,237  	7,637,948  	8,019,846  	8,420,838
+Debt total payment ($)                                	0              	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880
 
 DSCR (DEBT FRACTION)
-EBITDA ($)                                       	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
+EBITDA ($)                                            	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
 minus:
-Reserves major equipment 1 funding ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 funding ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 funding ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables funding ($)                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables funding ($)                      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 equals:
-Cash available for debt service (CAFDS) ($)      	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
-Debt total payment ($)                           	0              	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880
-DSCR (pre-tax)                                   	0.0            	4.99       	5.02       	5.19       	5.37       	5.54       	5.71       	5.88       	6.05       	6.22       	6.39       	6.56       	6.73       	6.91       	7.08       	7.25       	7.42       	7.59       	7.76       	7.93       	23.68
+Cash available for debt service (CAFDS) ($)           	0              	44,152,314 	44,365,761 	45,920,723 	47,452,297 	48,974,099 	50,490,670 	52,004,054 	53,515,334 	55,025,144 	56,533,887 	58,041,831 	59,549,161 	61,056,012 	62,562,483 	64,068,649 	65,574,566 	67,080,284 	68,585,843 	70,091,267 	209,332,985
+Debt total payment ($)                                	0              	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880  	8,841,880
+DSCR (pre-tax)                                        	0.0            	4.99       	5.02       	5.19       	5.37       	5.54       	5.71       	5.88       	6.05       	6.22       	6.39       	6.56       	6.73       	6.91       	7.08       	7.25       	7.42       	7.59       	7.76       	7.93       	23.68
 
 RESERVES
-Reserves working capital funding ($)             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves working capital disbursement ($)        	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves working capital balance ($)             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves debt service funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves debt service disbursement ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves debt service balance ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves receivables funding ($)                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables disbursement ($)            	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables balance ($)                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 1 funding ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 1 disbursement ($)      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 1 balance ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 2 funding ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 disbursement ($)      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 balance ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 3 funding ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 disbursement ($)      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 balance ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves total reserves balance ($)              	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Interest on reserves (%/year)                    	1.75
-Interest earned on reserves ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+Reserves working capital funding ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital disbursement ($)             	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital balance ($)                  	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves debt service funding ($)                     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service disbursement ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service balance ($)                     	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves receivables funding ($)                      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables disbursement ($)                 	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables balance ($)                      	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 1 funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 disbursement ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 balance ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 2 funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 disbursement ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 balance ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 3 funding ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 disbursement ($)           	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 balance ($)                	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves total reserves balance ($)                   	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Interest on reserves (%/year)                         	1.75
+Interest earned on reserves ($)                       	0              	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
diff --git a/tests/examples/example_SAM-single-owner-PPA-4.out b/tests/examples/example_SAM-single-owner-PPA-4.out
index 29d3496f..05d34e51 100644
--- a/tests/examples/example_SAM-single-owner-PPA-4.out
+++ b/tests/examples/example_SAM-single-owner-PPA-4.out
@@ -4,10 +4,10 @@
 
 Simulation Metadata
 ----------------------
- GEOPHIRES Version: 3.9.61
- Simulation Date: 2025-10-01
- Simulation Time:  09:25
- Calculation Time:      1.189 sec
+ GEOPHIRES Version: 3.10.12
+ Simulation Date: 2025-11-28
+ Simulation Time:  10:10
+ Calculation Time:      1.187 sec
 
                            ***SUMMARY OF RESULTS***
 
@@ -28,7 +28,6 @@ Simulation Metadata
       Real Discount Rate:                                    8.00 %
       Nominal Discount Rate:                                10.16 %
       WACC:                                                  7.57 %
-      Accrued financing during construction:                 5.00 %
       Project lifetime:                                      20 yr
       Capacity factor:                                       90.0 %
       Project NPV:                                         103.00 MUSD
@@ -107,6 +106,7 @@ Simulation Metadata
          Field gathering system costs:                        8.50 MUSD
          Total surface equipment costs:                     152.93 MUSD
          Exploration costs:                                   3.89 MUSD
+         Overnight Capital Cost:                            215.06 MUSD
          Inflation costs during construction:                10.75 MUSD
       Total CAPEX:                                          225.81 MUSD
 
@@ -195,225 +195,238 @@ Simulation Metadata
                             ***************************
                             *  SAM CASH FLOW PROFILE  *
                             ***************************
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-                                                 	Year 0       	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+                                                      	Year 0       	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20
+CONSTRUCTION
+Purchase of property [construction] ($)               	-225,808,536
+Cash flow from investing activities [construction] ($)	-225,808,536
+
+Issuance of equity [construction] ($)                 	135,485,121
+Issuance of debt [construction] ($)                   	90,323,414
+Debt balance [construction] ($)                       	90,323,414
+Debt interest payment [construction] ($)              	0
+Cash flow from financing activities [construction] ($)	225,808,536
+
+Total pre-tax returns [construction] ($)              	-135,485,121
+Total after-tax returns [construction] ($)            	-135,485,121
+
 ENERGY
-Electricity to grid (kWh)                        	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
-Electricity from grid (kWh)                      	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
-Electricity to grid net (kWh)                    	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
+Electricity to grid (kWh)                             	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
+Electricity from grid (kWh)                           	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
+Electricity to grid net (kWh)                         	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
 
 REVENUE
-PPA price (cents/kWh)                            	0.0          	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80
-PPA revenue ($)                                  	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
-Curtailment payment revenue ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Capacity payment revenue ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Salvage value ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	112,904,268
-Total revenue ($)                                	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	172,850,456
+PPA price (cents/kWh)                                 	0.0          	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80
+PPA revenue ($)                                       	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
+Curtailment payment revenue ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Capacity payment revenue ($)                          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Salvage value ($)                                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	112,904,268
+Total revenue ($)                                     	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	172,850,456
 
-Property tax net assessed value ($)              	0            	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536
+Property tax net assessed value ($)                   	0            	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536
 
 OPERATING EXPENSES
-O&M fixed expense ($)                            	0            	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143
-O&M production-based expense ($)                 	0            	1,714,220  	2,069,952  	2,516,875  	2,991,037  	3,492,966  	4,022,825  	4,164,255  	4,305,473  	4,446,544  	4,587,507  	4,728,390  	4,869,211  	5,009,984  	5,150,718  	5,291,422  	5,432,101  	5,572,760  	5,713,403  	5,854,032  	5,994,619
-O&M capacity-based expense ($)                   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Fuel expense ($)                                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Electricity purchase ($)                         	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Property tax expense ($)                         	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Insurance expense ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Total operating expenses ($)                     	0            	8,340,363  	8,696,096  	9,143,018  	9,617,180  	10,119,110 	10,648,968 	10,790,398 	10,931,617 	11,072,687 	11,213,651 	11,354,533 	11,495,354 	11,636,127 	11,776,862 	11,917,566 	12,058,244 	12,198,903 	12,339,546 	12,480,175 	12,620,762
+O&M fixed expense ($)                                 	0            	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143
+O&M production-based expense ($)                      	0            	1,714,220  	2,069,952  	2,516,875  	2,991,037  	3,492,966  	4,022,825  	4,164,255  	4,305,473  	4,446,544  	4,587,507  	4,728,390  	4,869,211  	5,009,984  	5,150,718  	5,291,422  	5,432,101  	5,572,760  	5,713,403  	5,854,032  	5,994,619
+O&M capacity-based expense ($)                        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Fuel expense ($)                                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Electricity purchase ($)                              	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Property tax expense ($)                              	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Insurance expense ($)                                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total operating expenses ($)                          	0            	8,340,363  	8,696,096  	9,143,018  	9,617,180  	10,119,110 	10,648,968 	10,790,398 	10,931,617 	11,072,687 	11,213,651 	11,354,533 	11,495,354 	11,636,127 	11,776,862 	11,917,566 	12,058,244 	12,198,903 	12,339,546 	12,480,175 	12,620,762
 
-EBITDA ($)                                       	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
+EBITDA ($)                                            	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
 
 OPERATING ACTIVITIES
-EBITDA ($)                                       	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+EBITDA ($)                                            	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 plus PBI if not available for debt service:
-Federal PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Utility PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Other PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Cash flow from operating activities ($)          	0            	21,427,863 	21,423,521 	22,576,154 	23,685,181 	24,764,135 	25,817,801 	27,264,989 	28,718,987 	30,180,806 	31,651,266 	33,131,093 	34,620,957 	36,121,512 	37,633,402 	39,157,280 	40,693,810 	42,243,681 	43,807,604 	45,386,312 	159,884,561
+Federal PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Cash flow from operating activities ($)               	0            	21,427,863 	21,423,521 	22,576,154 	23,685,181 	24,764,135 	25,817,801 	27,264,989 	28,718,987 	30,180,806 	31,651,266 	33,131,093 	34,620,957 	36,121,512 	37,633,402 	39,157,280 	40,693,810 	42,243,681 	43,807,604 	45,386,312 	159,884,561
 
 INVESTING ACTIVITIES
-Total installed cost ($)                         	-225,808,536
-Debt closing costs ($)                           	0
-Debt up-front fee ($)                            	0
+Total installed cost ($)                              	-225,808,536
+Debt closing costs ($)                                	0
+Debt up-front fee ($)                                 	0
 minus:
-Total IBI income ($)                             	0
-Total CBI income ($)                             	0
+Total IBI income ($)                                  	0
+Total CBI income ($)                                  	0
 equals:
-Purchase of property ($)                         	-225,808,536
+Purchase of property ($)                              	-225,808,536
 plus:
-Reserve (increase)/decrease debt service ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease working capital ($)  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease receivables ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 1 ($)	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 2 ($)	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 3 ($)	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 1 ($)   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 2 ($)   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 3 ($)   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease debt service ($)          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease working capital ($)       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease receivables ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 1 ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 2 ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 3 ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 1 ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 2 ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 3 ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 equals:
-Cash flow from investing activities ($)          	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Cash flow from investing activities ($)               	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 FINANCING ACTIVITIES
-Issuance of equity ($)                           	135,485,121
-Size of debt ($)                                 	90,323,414
+Issuance of equity ($)                                	135,485,121
+Size of debt ($)                                      	90,323,414
 minus:
-Debt principal payment ($)                       	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
+Debt principal payment ($)                            	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
 equals:
-Cash flow from financing activities ($)          	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
+Cash flow from financing activities ($)               	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
 
 PROJECT RETURNS
 Pre-tax Cash Flow:
-Cash flow from operating activities ($)          	0            	21,427,863 	21,423,521 	22,576,154 	23,685,181 	24,764,135 	25,817,801 	27,264,989 	28,718,987 	30,180,806 	31,651,266 	33,131,093 	34,620,957 	36,121,512 	37,633,402 	39,157,280 	40,693,810 	42,243,681 	43,807,604 	45,386,312 	159,884,561
-Cash flow from investing activities ($)          	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Cash flow from financing activities ($)          	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
-Total pre-tax cash flow ($)                      	0            	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
+Cash flow from operating activities ($)               	0            	21,427,863 	21,423,521 	22,576,154 	23,685,181 	24,764,135 	25,817,801 	27,264,989 	28,718,987 	30,180,806 	31,651,266 	33,131,093 	34,620,957 	36,121,512 	37,633,402 	39,157,280 	40,693,810 	42,243,681 	43,807,604 	45,386,312 	159,884,561
+Cash flow from investing activities ($)               	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Cash flow from financing activities ($)               	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
+Total pre-tax cash flow ($)                           	0            	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
 
 Pre-tax Returns:
-Issuance of equity ($)                           	135,485,121
-Total pre-tax cash flow ($)                      	0            	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
-Total pre-tax returns ($)                        	-135,485,121 	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
+Issuance of equity ($)                                	135,485,121
+Total pre-tax cash flow ($)                           	0            	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
+Total pre-tax returns ($)                             	-135,485,121 	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
 
 After-tax Returns:
-Total pre-tax returns ($)                        	-135,485,121 	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
-Federal ITC total income ($)                     	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal PTC income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal tax benefit (liability) ($)              	0            	-3,247,728 	-2,309,746 	-2,534,856 	-2,751,449 	-2,962,168 	-3,167,949 	-3,450,585 	-3,734,551 	-4,020,044 	-4,307,225 	-4,596,235 	-4,887,206 	-5,180,264 	-5,475,536 	-5,773,150 	-6,073,234 	-6,375,924 	-6,681,358 	-6,989,679 	-29,351,187
-State ITC total income ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State tax benefit (liability) ($)                	0            	-1,164,060 	-827,866   	-908,550   	-986,182   	-1,061,709 	-1,135,466 	-1,236,769 	-1,338,549 	-1,440,876 	-1,543,808 	-1,647,396 	-1,751,687 	-1,856,725 	-1,962,558 	-2,069,229 	-2,176,786 	-2,285,277 	-2,394,752 	-2,505,261 	-10,520,139
-Total after-tax returns ($)                      	-135,485,121 	82,027,021 	15,417,714 	16,121,144 	16,785,366 	17,419,964 	18,028,078 	18,917,012 	19,802,233 	20,684,048 	21,562,604 	22,437,950 	23,310,079 	24,178,937 	25,044,443 	25,906,493 	26,764,961 	27,619,710 	28,470,586 	29,317,417 	113,110,583
-
-After-tax cumulative IRR (%)                     	NaN          	-39.46     	-24.40     	-11.44     	-2.16      	4.24       	8.70       	11.92      	14.28      	16.04      	17.38      	18.40      	19.20      	19.82      	20.31      	20.71      	21.02      	21.27      	21.48      	21.64      	22.13
-After-tax cumulative NPV ($)                     	-135,485,121 	-61,023,410	-48,318,484	-36,259,129	-24,860,960	-14,122,855	-4,034,837 	5,574,315  	14,705,407 	23,363,459 	31,556,817 	39,296,444 	46,595,330 	53,468,010 	59,930,151 	65,998,209 	71,689,146 	77,020,191 	82,008,642 	86,671,703 	103,003,151
+Total pre-tax returns ($)                             	-135,485,121 	18,696,249 	18,555,327 	19,564,550 	20,522,997 	21,443,842 	22,331,493 	23,604,366 	24,875,332 	26,144,968 	27,413,637 	28,681,582 	29,948,971 	31,215,926 	32,482,537 	33,748,872 	35,014,981 	36,280,910 	37,546,696 	38,812,358 	152,981,909
+Federal ITC total income ($)                          	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal tax benefit (liability) ($)                   	0            	-3,247,728 	-2,309,746 	-2,534,856 	-2,751,449 	-2,962,168 	-3,167,949 	-3,450,585 	-3,734,551 	-4,020,044 	-4,307,225 	-4,596,235 	-4,887,206 	-5,180,264 	-5,475,536 	-5,773,150 	-6,073,234 	-6,375,924 	-6,681,358 	-6,989,679 	-29,351,187
+State ITC total income ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	0            	-1,164,060 	-827,866   	-908,550   	-986,182   	-1,061,709 	-1,135,466 	-1,236,769 	-1,338,549 	-1,440,876 	-1,543,808 	-1,647,396 	-1,751,687 	-1,856,725 	-1,962,558 	-2,069,229 	-2,176,786 	-2,285,277 	-2,394,752 	-2,505,261 	-10,520,139
+Total after-tax returns ($)                           	-135,485,121 	82,027,021 	15,417,714 	16,121,144 	16,785,366 	17,419,964 	18,028,078 	18,917,012 	19,802,233 	20,684,048 	21,562,604 	22,437,950 	23,310,079 	24,178,937 	25,044,443 	25,906,493 	26,764,961 	27,619,710 	28,470,586 	29,317,417 	113,110,583
+
+After-tax cumulative IRR (%)                          	NaN          	-39.46     	-24.40     	-11.44     	-2.16      	4.24       	8.70       	11.92      	14.28      	16.04      	17.38      	18.40      	19.20      	19.82      	20.31      	20.71      	21.02      	21.27      	21.48      	21.65      	22.13
+After-tax cumulative NPV ($)                          	-135,485,121 	-61,023,410	-48,318,484	-36,259,129	-24,860,960	-14,122,856	-4,034,837 	5,574,314  	14,705,407 	23,363,459 	31,556,817 	39,296,443 	46,595,330 	53,468,010 	59,930,151 	65,998,209 	71,689,146 	77,020,191 	82,008,642 	86,671,703 	103,003,151
 
 AFTER-TAX LCOE AND PPA PRICE
-Annual costs ($)                                 	-135,485,121 	47,742,625 	-19,081,493	-19,834,209	-20,602,596	-21,390,771	-22,200,167	-22,725,537	-23,252,501	-23,781,392	-24,312,468	-24,845,949	-25,382,031	-25,920,901	-26,462,740	-27,007,729	-27,556,049	-28,107,888	-28,663,440	-29,222,900	53,164,395
-PPA revenue ($)                                  	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
-Electricity to grid (kWh)                        	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
+Annual costs ($)                                      	-135,485,121 	47,742,625 	-19,081,493	-19,834,209	-20,602,596	-21,390,771	-22,200,167	-22,725,537	-23,252,501	-23,781,392	-24,312,468	-24,845,949	-25,382,031	-25,920,901	-26,462,740	-27,007,729	-27,556,049	-28,107,888	-28,663,440	-29,222,900	53,164,395
+PPA revenue ($)                                       	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
+Electricity to grid (kWh)                             	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
 
-Present value of annual costs ($)                	254,082,387
-Present value of annual energy nominal (kWh)     	3,643,623,190
-LCOE Levelized cost of energy nominal (cents/kWh)	6.97
+Present value of annual costs ($)                     	254,082,387
+Present value of annual energy nominal (kWh)          	3,643,623,190
+LCOE Levelized cost of energy nominal (cents/kWh)     	6.97
 
-Present value of PPA revenue ($)                 	357,085,538
-Present value of annual energy nominal (kWh)     	3,643,623,190
-LPPA Levelized PPA price nominal (cents/kWh)     	9.80
+Present value of PPA revenue ($)                      	357,085,538
+Present value of annual energy nominal (kWh)          	3,643,623,190
+LPPA Levelized PPA price nominal (cents/kWh)          	9.80
 
 PROJECT STATE INCOME TAXES
-EBITDA ($)                                       	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
-State taxable PBI income ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State taxable IBI income ($)                     	0
-State taxable CBI income ($)                     	0
+EBITDA ($)                                            	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
+State taxable PBI income ($)                          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State taxable IBI income ($)                          	0
+State taxable CBI income ($)                          	0
 minus:
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Total state tax depreciation ($)                 	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Total state tax depreciation ($)                      	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
 equals:
-State taxable income ($)                         	0            	16,629,431 	11,826,658 	12,979,291 	14,088,318 	15,167,272 	16,220,939 	17,668,127 	19,122,124 	20,583,943 	22,054,404 	23,534,230 	25,024,095 	26,524,649 	28,036,540 	29,560,417 	31,096,947 	32,646,818 	34,210,742 	35,789,449 	150,287,698
+State taxable income ($)                              	0            	16,629,431 	11,826,658 	12,979,291 	14,088,318 	15,167,272 	16,220,939 	17,668,127 	19,122,124 	20,583,943 	22,054,404 	23,534,230 	25,024,095 	26,524,649 	28,036,540 	29,560,417 	31,096,947 	32,646,818 	34,210,742 	35,789,449 	150,287,698
 
-State income tax rate (frac)                     	0.0          	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
-State tax benefit (liability) ($)                	0            	-1,164,060 	-827,866   	-908,550   	-986,182   	-1,061,709 	-1,135,466 	-1,236,769 	-1,338,549 	-1,440,876 	-1,543,808 	-1,647,396 	-1,751,687 	-1,856,725 	-1,962,558 	-2,069,229 	-2,176,786 	-2,285,277 	-2,394,752 	-2,505,261 	-10,520,139
+State income tax rate (frac)                          	0.0          	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
+State tax benefit (liability) ($)                     	0            	-1,164,060 	-827,866   	-908,550   	-986,182   	-1,061,709 	-1,135,466 	-1,236,769 	-1,338,549 	-1,440,876 	-1,543,808 	-1,647,396 	-1,751,687 	-1,856,725 	-1,962,558 	-2,069,229 	-2,176,786 	-2,285,277 	-2,394,752 	-2,505,261 	-10,520,139
 
 PROJECT FEDERAL INCOME TAXES
-EBITDA ($)                                       	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State tax benefit (liability) ($)                	0            	-1,164,060 	-827,866   	-908,550   	-986,182   	-1,061,709 	-1,135,466 	-1,236,769 	-1,338,549 	-1,440,876 	-1,543,808 	-1,647,396 	-1,751,687 	-1,856,725 	-1,962,558 	-2,069,229 	-2,176,786 	-2,285,277 	-2,394,752 	-2,505,261 	-10,520,139
-State ITC total income ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal taxable IBI income ($)                   	0
-Federal taxable CBI income ($)                   	0
-Federal taxable PBI income ($)                   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+EBITDA ($)                                            	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	0            	-1,164,060 	-827,866   	-908,550   	-986,182   	-1,061,709 	-1,135,466 	-1,236,769 	-1,338,549 	-1,440,876 	-1,543,808 	-1,647,396 	-1,751,687 	-1,856,725 	-1,962,558 	-2,069,229 	-2,176,786 	-2,285,277 	-2,394,752 	-2,505,261 	-10,520,139
+State ITC total income ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal taxable IBI income ($)                        	0
+Federal taxable CBI income ($)                        	0
+Federal taxable PBI income ($)                        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 minus:
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Total federal tax depreciation ($)               	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Total federal tax depreciation ($)                    	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
 equals:
-Federal taxable income ($)                       	0            	15,465,371 	10,998,792 	12,070,741 	13,102,136 	14,105,563 	15,085,473 	16,431,358 	17,783,576 	19,143,067 	20,510,595 	21,886,834 	23,272,408 	24,667,924 	26,073,982 	27,491,188 	28,920,161 	30,361,541 	31,815,990 	33,284,188 	139,767,559
+Federal taxable income ($)                            	0            	15,465,371 	10,998,792 	12,070,741 	13,102,136 	14,105,563 	15,085,473 	16,431,358 	17,783,576 	19,143,067 	20,510,595 	21,886,834 	23,272,408 	24,667,924 	26,073,982 	27,491,188 	28,920,161 	30,361,541 	31,815,990 	33,284,188 	139,767,559
 
-Federal income tax rate (frac)                   	0.0          	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
-Federal tax benefit (liability) ($)              	0            	-3,247,728 	-2,309,746 	-2,534,856 	-2,751,449 	-2,962,168 	-3,167,949 	-3,450,585 	-3,734,551 	-4,020,044 	-4,307,225 	-4,596,235 	-4,887,206 	-5,180,264 	-5,475,536 	-5,773,150 	-6,073,234 	-6,375,924 	-6,681,358 	-6,989,679 	-29,351,187
+Federal income tax rate (frac)                        	0.0          	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
+Federal tax benefit (liability) ($)                   	0            	-3,247,728 	-2,309,746 	-2,534,856 	-2,751,449 	-2,962,168 	-3,167,949 	-3,450,585 	-3,734,551 	-4,020,044 	-4,307,225 	-4,596,235 	-4,887,206 	-5,180,264 	-5,475,536 	-5,773,150 	-6,073,234 	-6,375,924 	-6,681,358 	-6,989,679 	-29,351,187
 
 CASH INCENTIVES
-Federal IBI income ($)                           	0
-State IBI income ($)                             	0
-Utility IBI income ($)                           	0
-Other IBI income ($)                             	0
-Total IBI income ($)                             	0
-
-Federal CBI income ($)                           	0
-State CBI income ($)                             	0
-Utility CBI income ($)                           	0
-Other CBI income ($)                             	0
-Total CBI income ($)                             	0
-
-Federal PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Utility PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Other PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Total PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal IBI income ($)                                	0
+State IBI income ($)                                  	0
+Utility IBI income ($)                                	0
+Other IBI income ($)                                  	0
+Total IBI income ($)                                  	0
+
+Federal CBI income ($)                                	0
+State CBI income ($)                                  	0
+Utility CBI income ($)                                	0
+Other CBI income ($)                                  	0
+Total CBI income ($)                                  	0
+
+Federal PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 TAX CREDITS
-Federal PTC income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
-Federal ITC amount income ($)                    	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal ITC percent income ($)                   	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal ITC total income ($)                     	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC amount income ($)                         	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC percent income ($)                        	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC total income ($)                          	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
-State ITC amount income ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State ITC percent income ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State ITC total income ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC amount income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC percent income ($)                          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC total income ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 DEBT REPAYMENT
-Debt balance ($)                                 	90,323,414   	87,591,801 	84,723,606 	81,712,002 	78,549,818 	75,229,524 	71,743,216 	68,082,592 	64,238,937 	60,203,100 	55,965,470 	51,515,959 	46,843,973 	41,938,387 	36,787,522 	31,379,114 	25,700,285 	19,737,515 	13,476,606 	6,902,652  	0
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Debt principal payment ($)                       	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
-Debt total payment ($)                           	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
+Debt balance ($)                                      	90,323,414   	87,591,801 	84,723,606 	81,712,002 	78,549,818 	75,229,524 	71,743,216 	68,082,592 	64,238,937 	60,203,100 	55,965,470 	51,515,959 	46,843,973 	41,938,387 	36,787,522 	31,379,114 	25,700,285 	19,737,515 	13,476,606 	6,902,652  	0
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Debt principal payment ($)                            	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
+Debt total payment ($)                                	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
 
 DSCR (DEBT FRACTION)
-EBITDA ($)                                       	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
+EBITDA ($)                                            	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
 minus:
-Reserves major equipment 1 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables funding ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables funding ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 equals:
-Cash available for debt service (CAFDS) ($)      	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
-Debt total payment ($)                           	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
-DSCR (pre-tax)                                   	0.0          	3.58       	3.56       	3.70       	3.83       	3.96       	4.08       	4.26       	4.43       	4.61       	4.78       	4.96       	5.13       	5.31       	5.48       	5.66       	5.83       	6.01       	6.18       	6.36       	22.11
+Cash available for debt service (CAFDS) ($)           	0            	25,944,033 	25,803,111 	26,812,335 	27,770,781 	28,691,626 	29,579,278 	30,852,150 	32,123,117 	33,392,753 	34,661,421 	35,929,366 	37,196,755 	38,463,711 	39,730,322 	40,996,656 	42,262,766 	43,528,695 	44,794,480 	46,060,142 	160,229,694
+Debt total payment ($)                                	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
+DSCR (pre-tax)                                        	0.0          	3.58       	3.56       	3.70       	3.83       	3.96       	4.08       	4.26       	4.43       	4.61       	4.78       	4.96       	5.13       	5.31       	5.48       	5.66       	5.83       	6.01       	6.18       	6.36       	22.11
 
 RESERVES
-Reserves working capital funding ($)             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves working capital disbursement ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves working capital balance ($)             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves debt service funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves debt service disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves debt service balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves receivables funding ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables disbursement ($)            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables balance ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 1 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 1 disbursement ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 1 balance ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 2 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 disbursement ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 balance ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 3 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 disbursement ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 balance ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves total reserves balance ($)              	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Interest on reserves (%/year)                    	1.75
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+Reserves working capital funding ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital disbursement ($)             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital balance ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves debt service funding ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service disbursement ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service balance ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves receivables funding ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables disbursement ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables balance ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 1 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 2 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 3 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves total reserves balance ($)                   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Interest on reserves (%/year)                         	1.75
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 
 
 
diff --git a/tests/examples/example_SAM-single-owner-PPA-5.out b/tests/examples/example_SAM-single-owner-PPA-5.out
new file mode 100644
index 00000000..082752b4
--- /dev/null
+++ b/tests/examples/example_SAM-single-owner-PPA-5.out
@@ -0,0 +1,447 @@
+                               *****************
+                               ***CASE REPORT***
+                               *****************
+
+Simulation Metadata
+----------------------
+ GEOPHIRES Version: 3.10.12
+ Simulation Date: 2025-11-28
+ Simulation Time:  10:10
+ Calculation Time:      1.764 sec
+
+                           ***SUMMARY OF RESULTS***
+
+      End-Use Option: Electricity
+      Average Net Electricity Production:                   110.58 MW
+      Electricity breakeven price:                            7.03 cents/kWh
+      Total CAPEX:                                          710.63 MUSD
+      Number of production wells:                            15
+      Number of injection wells:                             15
+      Flowrate per production well:                          80.0 kg/sec
+      Well depth:                                             2.6 kilometer
+      Geothermal gradient:                                     74 degC/km
+
+
+                           ***ECONOMIC PARAMETERS***
+
+      Economic Model = SAM Single Owner PPA
+      Real Discount Rate:                                    8.00 %
+      Nominal Discount Rate:                                10.48 %
+      WACC:                                                  7.25 %
+      Project lifetime:                                      30 yr
+      Capacity factor:                                       90.0 %
+      Project NPV:                                         108.32 MUSD
+      After-tax IRR:                                        16.54 %
+      Project VIR=PI=PIR:                                    1.91
+      Project MOIC:                                          6.88
+      Project Payback Period:                                       2.92 yr
+      Estimated Jobs Created:                                 250
+
+                          ***ENGINEERING PARAMETERS***
+
+      Number of Production Wells:                            15
+      Number of Injection Wells:                             15
+      Well depth:                                             2.6 kilometer
+      Water loss rate:                                       10.0 %
+      Pump efficiency:                                       80.0 %
+      Injection temperature:                                 56.7 degC
+      Production Wellbore heat transmission calculated with Ramey's model
+      Average production well temperature drop:               2.6 degC
+      Flowrate per production well:                          80.0 kg/sec
+      Injection well casing ID:                               8.500 in
+      Production well casing ID:                              8.500 in
+      Number of times redrilling:                             0
+      Power plant type:                                       Supercritical ORC
+
+
+                         ***RESOURCE CHARACTERISTICS***
+
+      Maximum reservoir temperature:                        500.0 degC
+      Number of segments:                                     1
+      Geothermal gradient:                                        74 degC/km
+
+
+                           ***RESERVOIR PARAMETERS***
+
+      Reservoir Model = Multiple Parallel Fractures Model (Gringarten)
+      Bottom-hole temperature:                              202.40 degC
+      Fracture model = Square
+      Well separation: fracture height:                     500.00 meter
+      Fracture area:                                     250000.00 m**2
+      Reservoir volume calculated with fracture separation and number of fractures as input
+      Number of fractures:                                    1663
+      Fracture separation:                                   26.00 meter
+      Reservoir volume:                              10803000000 m**3
+      Reservoir hydrostatic pressure:                         24578.69 kPa
+      Plant outlet pressure:                               6894.76 kPa
+      Production wellhead pressure:                        2240.80 kPa
+      Productivity Index:                                     2.47 kg/sec/bar
+      Injectivity Index:                                      3.00 kg/sec/bar
+      Reservoir density:                                   2800.00 kg/m**3
+      Reservoir thermal conductivity:                         3.05 W/m/K
+      Reservoir heat capacity:                              790.00 J/kg/K
+
+
+                           ***RESERVOIR SIMULATION RESULTS***
+
+      Maximum Production Temperature:                       200.1 degC
+      Average Production Temperature:                       199.8 degC
+      Minimum Production Temperature:                       197.9 degC
+      Initial Production Temperature:                       197.9 degC
+      Average Reservoir Heat Extraction:                    719.46 MW
+      Production Wellbore Heat Transmission Model = Ramey Model
+      Average Production Well Temperature Drop:               2.6 degC
+      Average Injection Well Pump Pressure Drop:          -4103.9 kPa
+      Average Production Well Pump Pressure Drop:          3876.5 kPa
+
+
+                          ***CAPITAL COSTS (M$)***
+
+         Drilling and completion costs:                     106.12 MUSD
+         Drilling and completion costs per well:              3.54 MUSD
+         Stimulation costs:                                  75.00 MUSD
+         Surface power plant costs:                         287.61 MUSD
+         Field gathering system costs:                       10.69 MUSD
+         Total surface equipment costs:                     298.30 MUSD
+         Exploration costs:                                 120.00 MUSD
+         Overnight Capital Cost:                            599.42 MUSD
+         Interest during construction:                       28.51 MUSD
+         Inflation costs during construction:                82.70 MUSD
+      Total CAPEX:                                          710.63 MUSD
+
+
+                ***OPERATING AND MAINTENANCE COSTS (M$/yr)***
+
+         Wellfield maintenance costs:                         1.86 MUSD/yr
+         Power plant maintenance costs:                       6.38 MUSD/yr
+         Water costs:                                         3.15 MUSD/yr
+      Total operating and maintenance costs:                 11.39 MUSD/yr
+
+
+                           ***SURFACE EQUIPMENT SIMULATION RESULTS***
+
+      Initial geofluid availability:                          0.19 MW/(kg/s)
+      Maximum Total Electricity Generation:                 117.52 MW
+      Average Total Electricity Generation:                 117.19 MW
+      Minimum Total Electricity Generation:                 114.41 MW
+      Initial Total Electricity Generation:                 114.41 MW
+      Maximum Net Electricity Generation:                   110.92 MW
+      Average Net Electricity Generation:                   110.58 MW
+      Minimum Net Electricity Generation:                   107.79 MW
+      Initial Net Electricity Generation:                   107.79 MW
+      Average Annual Total Electricity Generation:          923.94 GWh
+      Average Annual Net Electricity Generation:            871.83 GWh
+      Initial pumping power/net installed power:              6.15 %
+      Average Pumping Power:                                  6.61 MW
+      Heat to Power Conversion Efficiency:                   15.37 %
+
+                            ************************************************************
+                            *  HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE  *
+                            ************************************************************
+  YEAR       THERMAL               GEOFLUID               PUMP               NET               FIRST LAW
+             DRAWDOWN             TEMPERATURE             POWER             POWER              EFFICIENCY
+                                     (degC)               (MW)              (MW)                  (%)
+   1           1.0000                197.90               6.6279          107.7857               15.1865
+   2           1.0064                199.16               6.6158          109.6141               15.3068
+   3           1.0076                199.40               6.6136          109.9549               15.3291
+   4           1.0082                199.52               6.6124          110.1323               15.3406
+   5           1.0086                199.60               6.6117          110.2497               15.3483
+   6           1.0089                199.66               6.6111          110.3363               15.3539
+   7           1.0092                199.71               6.6107          110.4044               15.3583
+   8           1.0093                199.75               6.6103          110.4601               15.3620
+   9           1.0095                199.78               6.6100          110.5072               15.3650
+  10           1.0097                199.81               6.6097          110.5477               15.3676
+  11           1.0098                199.83               6.6095          110.5833               15.3700
+  12           1.0099                199.85               6.6093          110.6149               15.3720
+  13           1.0100                199.87               6.6091          110.6432               15.3738
+  14           1.0101                199.89               6.6089          110.6690               15.3755
+  15           1.0102                199.91               6.6088          110.6925               15.3770
+  16           1.0102                199.92               6.6086          110.7141               15.3784
+  17           1.0103                199.94               6.6085          110.7340               15.3797
+  18           1.0104                199.95               6.6084          110.7526               15.3809
+  19           1.0104                199.96               6.6083          110.7699               15.3821
+  20           1.0105                199.97               6.6082          110.7862               15.3831
+  21           1.0105                199.98               6.6081          110.8015               15.3841
+  22           1.0106                199.99               6.6080          110.8159               15.3850
+  23           1.0106                200.00               6.6079          110.8295               15.3859
+  24           1.0107                200.01               6.6078          110.8424               15.3868
+  25           1.0107                200.02               6.6077          110.8547               15.3876
+  26           1.0108                200.03               6.6076          110.8664               15.3883
+  27           1.0108                200.04               6.6076          110.8775               15.3890
+  28           1.0108                200.04               6.6075          110.8882               15.3897
+  29           1.0109                200.05               6.6074          110.8984               15.3904
+  30           1.0109                200.06               6.6074          110.9082               15.3910
+
+
+                              *******************************************************************
+                              *  ANNUAL HEATING, COOLING AND/OR ELECTRICITY PRODUCTION PROFILE  *
+                              *******************************************************************
+  YEAR             ELECTRICITY                   HEAT                RESERVOIR            PERCENTAGE OF
+                    PROVIDED                   EXTRACTED            HEAT CONTENT        TOTAL HEAT MINED
+                   (GWh/year)                  (GWh/year)            (10^15 J)                 (%)
+   1                 859.5                      5629.4               3310.87                   0.61
+   2                 865.7                      5651.2               3290.53                   1.22
+   3                 867.6                      5657.8               3270.16                   1.83
+   4                 868.8                      5661.7               3249.78                   2.44
+   5                 869.6                      5664.5               3229.38                   3.05
+   6                 870.2                      5666.6               3208.98                   3.67
+   7                 870.7                      5668.3               3188.58                   4.28
+   8                 871.1                      5669.6               3168.17                   4.89
+   9                 871.4                      5670.8               3147.75                   5.51
+  10                 871.7                      5671.9               3127.33                   6.12
+  11                 872.0                      5672.8               3106.91                   6.73
+  12                 872.2                      5673.6               3086.49                   7.34
+  13                 872.4                      5674.4               3066.06                   7.96
+  14                 872.6                      5675.0               3045.63                   8.57
+  15                 872.8                      5675.6               3025.20                   9.18
+  16                 872.9                      5676.2               3004.76                   9.80
+  17                 873.1                      5676.7               2984.33                  10.41
+  18                 873.2                      5677.2               2963.89                  11.02
+  19                 873.4                      5677.7               2943.45                  11.64
+  20                 873.5                      5678.1               2923.01                  12.25
+  21                 873.6                      5678.5               2902.56                  12.87
+  22                 873.7                      5678.9               2882.12                  13.48
+  23                 873.8                      5679.3               2861.67                  14.09
+  24                 873.9                      5679.6               2841.23                  14.71
+  25                 874.0                      5679.9               2820.78                  15.32
+  26                 874.1                      5680.2               2800.33                  15.93
+  27                 874.2                      5680.5               2779.88                  16.55
+  28                 874.3                      5680.8               2759.43                  17.16
+  29                 874.4                      5681.1               2738.98                  17.78
+  30                 874.4                      5681.4               2718.53                  18.39
+
+                            ***************************
+                            *  SAM CASH FLOW PROFILE  *
+                            ***************************
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+                                                      	Year -6   	Year -5    	Year -4    	Year -3    	Year -2     	Year -1     	Year 0       	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20    	Year 21    	Year 22    	Year 23    	Year 24    	Year 25    	Year 26    	Year 27    	Year 28    	Year 29    	Year 30
+CONSTRUCTION
+Purchase of property [construction] ($)               	-6,132,082	-12,546,240	-44,921,812	-65,650,020	-134,319,940	-137,409,299	-281,139,426
+Cash flow from investing activities [construction] ($)	-6,132,082	-12,546,240	-44,921,812	-65,650,020	-134,319,940	-137,409,299	-281,139,426
+
+Issuance of equity [construction] ($)                 	6,132,082 	12,546,240 	44,921,812 	22,977,507 	47,011,979  	48,093,255  	98,398,799
+Issuance of debt [construction] ($)                   	0         	0          	0          	42,672,513 	87,307,961  	89,316,044  	182,740,627
+Debt balance [construction] ($)                       	0         	0          	0          	42,672,513 	132,967,550 	231,591,323 	430,543,342
+Debt interest payment [construction] ($)              	0         	0          	0          	0          	2,987,076   	9,307,728   	16,211,393
+Cash flow from financing activities [construction] ($)	6,132,082 	12,546,240 	44,921,812 	65,650,020 	134,319,940 	137,409,299 	281,139,426
+
+Total pre-tax returns [construction] ($)              	-6,132,082	-12,546,240	-44,921,812	-22,977,507	-47,011,979 	-48,093,255 	-98,398,799
+Total after-tax returns [construction] ($)            	-6,132,082	-12,546,240	-44,921,812	-22,977,507	-47,011,979 	-48,093,255 	-98,398,799
+
+ENERGY
+Electricity to grid (kWh)                             	          	           	           	           	            	            	0.0          	859,490,068	865,758,172	867,671,460	868,803,529	869,596,370	870,200,786	870,686,054	871,089,570	871,433,728	871,732,959	871,997,081	872,233,061	872,446,015	872,639,805	872,817,414	872,981,192	873,133,019	873,274,427	873,406,675	873,530,811	873,647,716	873,758,141	873,862,724	873,962,017	874,056,500	874,146,590	874,232,654	874,315,016	874,393,962	874,466,670
+Electricity from grid (kWh)                           	          	           	           	           	            	            	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
+Electricity to grid net (kWh)                         	          	           	           	           	            	            	0.0          	859,490,068	865,758,172	867,671,460	868,803,529	869,596,370	870,200,786	870,686,054	871,089,570	871,433,728	871,732,959	871,997,081	872,233,061	872,446,015	872,639,805	872,817,414	872,981,192	873,133,019	873,274,427	873,406,675	873,530,811	873,647,716	873,758,141	873,862,724	873,962,017	874,056,500	874,146,590	874,232,654	874,315,016	874,393,962	874,466,670
+
+REVENUE
+PPA price (cents/kWh)                                 	          	           	           	           	            	            	0.0          	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80      	14.12      	14.44      	14.76      	15.08      	15.41      	15.73      	16.05      	16.37      	16.69      	17.02
+PPA revenue ($)                                       	          	           	           	           	            	            	0            	68,759,205 	69,260,654 	72,207,619 	75,099,377 	77,968,011 	80,824,249 	83,672,930 	86,516,616 	89,356,814 	92,194,478 	95,030,242 	97,864,549 	100,697,719	103,529,986	106,361,530	109,192,487	112,022,966	114,853,053	117,682,815	120,512,311	123,341,585	126,170,676	128,999,615	131,828,431	134,657,144	137,485,776	140,314,341	143,142,854	145,971,328	148,799,249
+Curtailment payment revenue ($)                       	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Capacity payment revenue ($)                          	          	           	           	           	            	            	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
+Salvage value ($)                                     	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	355,312,508
+Total revenue ($)                                     	          	           	           	           	            	            	0            	68,759,205 	69,260,654 	72,207,619 	75,099,377 	77,968,011 	80,824,249 	83,672,930 	86,516,616 	89,356,814 	92,194,478 	95,030,242 	97,864,549 	100,697,719	103,529,986	106,361,530	109,192,487	112,022,966	114,853,053	117,682,815	120,512,311	123,341,585	126,170,676	128,999,615	131,828,431	134,657,144	137,485,776	140,314,341	143,142,854	145,971,328	504,111,756
+
+Property tax net assessed value ($)                   	          	           	           	           	            	            	0            	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015	710,625,015
+
+OPERATING EXPENSES
+O&M fixed expense ($)                                 	          	           	           	           	            	            	0            	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596
+O&M production-based expense ($)                      	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+O&M capacity-based expense ($)                        	          	           	           	           	            	            	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
+Fuel expense ($)                                      	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Electricity purchase ($)                              	          	           	           	           	            	            	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
+Property tax expense ($)                              	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Insurance expense ($)                                 	          	           	           	           	            	            	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
+Total operating expenses ($)                          	          	           	           	           	            	            	0            	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596 	11,386,596
+
+EBITDA ($)                                            	          	           	           	           	            	            	0            	57,372,609 	57,874,058 	60,821,023 	63,712,781 	66,581,414 	69,437,653 	72,286,334 	75,130,020 	77,970,218 	80,807,882 	83,643,646 	86,477,953 	89,311,123 	92,143,390 	94,974,934 	97,805,891 	100,636,370	103,466,456	106,296,219	109,125,714	111,954,988	114,784,079	117,613,019	120,441,834	123,270,548	126,099,179	128,927,745	131,756,258	134,584,732	492,725,160
+
+OPERATING ACTIVITIES
+EBITDA ($)                                            	          	           	           	           	            	            	0            	57,372,609 	57,874,058 	60,821,023 	63,712,781 	66,581,414 	69,437,653 	72,286,334 	75,130,020 	77,970,218 	80,807,882 	83,643,646 	86,477,953 	89,311,123 	92,143,390 	94,974,934 	97,805,891 	100,636,370	103,466,456	106,296,219	109,125,714	111,954,988	114,784,079	117,613,019	120,441,834	123,270,548	126,099,179	128,927,745	131,756,258	134,584,732	492,725,160
+Interest earned on reserves ($)                       	          	           	           	           	            	            	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
+plus PBI if not available for debt service:
+Federal PBI income ($)                                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	          	           	           	           	            	            	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
+Utility PBI income ($)                                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	          	           	           	           	            	            	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
+Debt interest payment ($)                             	          	           	           	           	            	            	0            	30,138,034 	29,818,981 	29,477,593 	29,112,309 	28,721,455 	28,303,241 	27,855,752 	27,376,939 	26,864,609 	26,316,416 	25,729,849 	25,102,223 	24,430,663 	23,712,094 	22,943,224 	22,120,534 	21,240,256 	20,298,358 	19,290,527 	18,212,149 	17,058,283 	15,823,647 	14,502,587 	13,089,052 	11,576,570 	9,958,214  	8,226,573  	6,373,718  	4,391,162  	2,269,828
+Cash flow from operating activities ($)               	          	           	           	           	            	            	0            	27,234,575 	28,055,077 	31,343,429 	34,600,472 	37,859,959 	41,134,412 	44,430,581 	47,753,081 	51,105,609 	54,491,465 	57,913,796 	61,375,730 	64,880,460 	68,431,297 	72,031,709 	75,685,357 	79,396,114 	83,168,098 	87,005,692 	90,913,566 	94,896,705 	98,960,432 	103,110,432	107,352,782	111,693,978	116,140,965	120,701,171	125,382,540	130,193,570	490,455,332
+
+INVESTING ACTIVITIES
+Total installed cost ($)                              	          	           	           	           	            	            	-710,625,015
+Debt closing costs ($)                                	          	           	           	           	            	            	0
+Debt up-front fee ($)                                 	          	           	           	           	            	            	0
+minus:
+Total IBI income ($)                                  	          	           	           	           	            	            	0
+Total CBI income ($)                                  	          	           	           	           	            	            	0
+equals:
+Purchase of property ($)                              	          	           	           	           	            	            	-710,625,015
+plus:
+Reserve (increase)/decrease debt service ($)          	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease working capital ($)       	          	           	           	           	            	            	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
+Reserve (increase)/decrease receivables ($)           	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 1 ($)     	          	           	           	           	            	            	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
+Reserve (increase)/decrease major equipment 2 ($)     	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 3 ($)     	          	           	           	           	            	            	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
+Reserve capital spending major equipment 1 ($)        	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 2 ($)        	          	           	           	           	            	            	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
+Reserve capital spending major equipment 3 ($)        	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+equals:
+Cash flow from investing activities ($)               	          	           	           	           	            	            	-710,625,015 	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
+
+FINANCING ACTIVITIES
+Issuance of equity ($)                                	          	           	           	           	            	            	280,081,674
+Size of debt ($)                                      	          	           	           	           	            	            	430,543,342
+minus:
+Debt principal payment ($)                            	          	           	           	           	            	            	0            	4,557,906  	4,876,959  	5,218,346  	5,583,630  	5,974,484  	6,392,698  	6,840,187  	7,319,000  	7,831,330  	8,379,523  	8,966,090  	9,593,716  	10,265,277 	10,983,846 	11,752,715 	12,575,405 	13,455,684 	14,397,581 	15,405,412 	16,483,791 	17,637,656 	18,872,292 	20,193,353 	21,606,887 	23,119,369 	24,737,725 	26,469,366 	28,322,222 	30,304,777 	32,426,112
+equals:
+Cash flow from financing activities ($)               	          	           	           	           	            	            	710,625,015  	-4,557,906 	-4,876,959 	-5,218,346 	-5,583,630 	-5,974,484 	-6,392,698 	-6,840,187 	-7,319,000 	-7,831,330 	-8,379,523 	-8,966,090 	-9,593,716 	-10,265,277	-10,983,846	-11,752,715	-12,575,405	-13,455,684	-14,397,581	-15,405,412	-16,483,791	-17,637,656	-18,872,292	-20,193,353	-21,606,887	-23,119,369	-24,737,725	-26,469,366	-28,322,222	-30,304,777	-32,426,112
+
+PROJECT RETURNS
+Pre-tax Cash Flow:
+Cash flow from operating activities ($)               	          	           	           	           	            	            	0            	27,234,575 	28,055,077 	31,343,429 	34,600,472 	37,859,959 	41,134,412 	44,430,581 	47,753,081 	51,105,609 	54,491,465 	57,913,796 	61,375,730 	64,880,460 	68,431,297 	72,031,709 	75,685,357 	79,396,114 	83,168,098 	87,005,692 	90,913,566 	94,896,705 	98,960,432 	103,110,432	107,352,782	111,693,978	116,140,965	120,701,171	125,382,540	130,193,570	490,455,332
+Cash flow from investing activities ($)               	          	           	           	           	            	            	-710,625,015 	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
+Cash flow from financing activities ($)               	          	           	           	           	            	            	710,625,015  	-4,557,906 	-4,876,959 	-5,218,346 	-5,583,630 	-5,974,484 	-6,392,698 	-6,840,187 	-7,319,000 	-7,831,330 	-8,379,523 	-8,966,090 	-9,593,716 	-10,265,277	-10,983,846	-11,752,715	-12,575,405	-13,455,684	-14,397,581	-15,405,412	-16,483,791	-17,637,656	-18,872,292	-20,193,353	-21,606,887	-23,119,369	-24,737,725	-26,469,366	-28,322,222	-30,304,777	-32,426,112
+Total pre-tax cash flow ($)                           	          	           	           	           	            	            	0            	22,676,670 	23,178,118 	26,125,083 	29,016,841 	31,885,475 	34,741,713 	37,590,394 	40,434,080 	43,274,279 	46,111,942 	48,947,706 	51,782,014 	54,615,183 	57,447,451 	60,278,994 	63,109,952 	65,940,431 	68,770,517 	71,600,280 	74,429,775 	77,259,049 	80,088,140 	82,917,080 	85,745,895 	88,574,609 	91,403,240 	94,231,805 	97,060,319 	99,888,792 	458,029,221
+
+Pre-tax Returns:
+Issuance of equity ($)                                	          	           	           	           	            	            	280,081,674
+Total pre-tax cash flow ($)                           	          	           	           	           	            	            	0            	22,676,670 	23,178,118 	26,125,083 	29,016,841 	31,885,475 	34,741,713 	37,590,394 	40,434,080 	43,274,279 	46,111,942 	48,947,706 	51,782,014 	54,615,183 	57,447,451 	60,278,994 	63,109,952 	65,940,431 	68,770,517 	71,600,280 	74,429,775 	77,259,049 	80,088,140 	82,917,080 	85,745,895 	88,574,609 	91,403,240 	94,231,805 	97,060,319 	99,888,792 	458,029,221
+Total pre-tax returns ($)                             	          	           	           	           	            	            	-280,081,674 	22,676,670 	23,178,118 	26,125,083 	29,016,841 	31,885,475 	34,741,713 	37,590,394 	40,434,080 	43,274,279 	46,111,942 	48,947,706 	51,782,014 	54,615,183 	57,447,451 	60,278,994 	63,109,952 	65,940,431 	68,770,517 	71,600,280 	74,429,775 	77,259,049 	80,088,140 	82,917,080 	85,745,895 	88,574,609 	91,403,240 	94,231,805 	97,060,319 	99,888,792 	458,029,221
+
+After-tax Returns:
+Total pre-tax returns ($)                             	          	           	           	           	            	            	-280,081,674 	22,676,670 	23,178,118 	26,125,083 	29,016,841 	31,885,475 	34,741,713 	37,590,394 	40,434,080 	43,274,279 	46,111,942 	48,947,706 	51,782,014 	54,615,183 	57,447,451 	60,278,994 	63,109,952 	65,940,431 	68,770,517 	71,600,280 	74,429,775 	77,259,049 	80,088,140 	82,917,080 	85,745,895 	88,574,609 	91,403,240 	94,231,805 	97,060,319 	99,888,792 	458,029,221
+Federal ITC total income ($)                          	          	           	           	           	            	            	0            	213,187,505	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	          	           	           	           	            	            	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
+Federal tax benefit (liability) ($)                   	          	           	           	           	            	            	0            	-2,369,730 	419,209    	-223,006   	-859,107   	-1,495,685 	-2,135,185 	-2,778,927 	-3,427,811 	-4,082,560 	-4,743,818 	-5,412,199 	-6,088,315 	-6,772,789 	-7,466,267 	-8,169,428 	-8,882,985 	-9,607,696 	-10,344,364	-11,093,846	-11,857,054	-15,584,144	-19,326,972	-20,137,467	-20,965,998	-21,813,834	-22,682,331	-23,572,939	-24,487,210	-25,426,804	-95,785,926
+State ITC total income ($)                            	          	           	           	           	            	            	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
+State PTC income ($)                                  	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	          	           	           	           	            	            	0            	-849,366   	150,254    	-79,931    	-307,924   	-536,088   	-765,299   	-996,031   	-1,228,606 	-1,463,283 	-1,700,293 	-1,939,856 	-2,182,192 	-2,427,523 	-2,676,081 	-2,928,110 	-3,183,866 	-3,443,619 	-3,707,657 	-3,976,289 	-4,249,840 	-5,585,715 	-6,927,230 	-7,217,730 	-7,514,695 	-7,818,578 	-8,129,868 	-8,449,082 	-8,776,778 	-9,113,550 	-34,331,873
+Total after-tax returns ($)                           	          	           	           	           	            	            	-280,081,674 	232,645,079	23,747,581 	25,822,146 	27,849,811 	29,853,702 	31,841,229 	33,815,436 	35,777,663 	37,728,435 	39,667,831 	41,595,651 	43,511,507 	45,414,872 	47,305,102 	49,181,457 	51,043,101 	52,889,116 	54,718,495 	56,530,144 	58,322,881 	56,089,190 	53,833,937 	55,561,882 	57,265,202 	58,942,196 	60,591,042 	62,209,784 	63,796,331 	65,348,438 	327,911,421
+
+After-tax cumulative IRR (%)                          	NaN       	NaN        	NaN        	NaN        	NaN         	NaN         	NaN          	-6.77      	-3.11      	0.25       	3.13       	5.52       	7.47       	9.04       	10.32      	11.37      	12.22      	12.93      	13.51      	14.00      	14.40      	14.74      	15.03      	15.27      	15.47      	15.65      	15.80      	15.92      	16.01      	16.09      	16.16      	16.22      	16.28      	16.32      	16.36      	16.40      	16.54
+After-tax cumulative NPV ($)                          	-6,132,082	-17,487,790	-54,288,694	-71,326,149	-102,876,993	-132,090,737	-186,190,264 	-70,419,701	-59,723,630	-49,196,794	-38,920,694	-28,950,470	-19,325,549	-10,073,820	-1,214,089 	7,242,164  	15,289,427 	22,927,052 	30,158,331 	36,989,731 	43,430,240 	49,490,820 	55,183,942 	60,523,194 	65,522,949 	70,198,097 	74,563,807 	78,363,913 	81,665,123 	84,748,983 	87,625,780 	90,305,844 	92,799,451 	95,116,733 	97,267,614 	99,261,759 	108,318,637
+
+AFTER-TAX LCOE AND PPA PRICE
+Annual costs ($)                                      	          	           	           	           	            	            	-280,081,674 	163,885,873	-45,513,073	-46,385,473	-47,249,566	-48,114,308	-48,983,020	-49,857,494	-50,738,953	-51,628,379	-52,526,647	-53,434,591	-54,353,042	-55,282,847	-56,224,884	-57,180,074	-58,149,386	-59,133,850	-60,134,558	-61,152,671	-62,189,430	-67,252,394	-72,336,738	-73,437,733	-74,563,229	-75,714,948	-76,894,734	-78,104,556	-79,346,524	-80,622,890	179,112,172
+PPA revenue ($)                                       	          	           	           	           	            	            	0            	68,759,205 	69,260,654 	72,207,619 	75,099,377 	77,968,011 	80,824,249 	83,672,930 	86,516,616 	89,356,814 	92,194,478 	95,030,242 	97,864,549 	100,697,719	103,529,986	106,361,530	109,192,487	112,022,966	114,853,053	117,682,815	120,512,311	123,341,585	126,170,676	128,999,615	131,828,431	134,657,144	137,485,776	140,314,341	143,142,854	145,971,328	148,799,249
+Electricity to grid (kWh)                             	          	           	           	           	            	            	0.0          	859,490,068	865,758,172	867,671,460	868,803,529	869,596,370	870,200,786	870,686,054	871,089,570	871,433,728	871,732,959	871,997,081	872,233,061	872,446,015	872,639,805	872,817,414	872,981,192	873,133,019	873,274,427	873,406,675	873,530,811	873,647,716	873,758,141	873,862,724	873,962,017	874,056,500	874,146,590	874,232,654	874,315,016	874,393,962	874,466,670
+
+Present value of annual costs ($)                     	          	           	           	           	            	            	554,074,192
+Present value of annual energy nominal (kWh)          	          	           	           	           	            	            	7,877,183,891
+LCOE Levelized cost of energy nominal (cents/kWh)     	          	           	           	           	            	            	7.03
+
+Present value of PPA revenue ($)                      	          	           	           	           	            	            	809,659,354
+Present value of annual energy nominal (kWh)          	          	           	           	           	            	            	7,877,183,891
+LPPA Levelized PPA price nominal (cents/kWh)          	          	           	           	           	            	            	10.28
+
+PROJECT STATE INCOME TAXES
+EBITDA ($)                                            	          	           	           	           	            	            	0            	57,372,609 	57,874,058 	60,821,023 	63,712,781 	66,581,414 	69,437,653 	72,286,334 	75,130,020 	77,970,218 	80,807,882 	83,643,646 	86,477,953 	89,311,123 	92,143,390 	94,974,934 	97,805,891 	100,636,370	103,466,456	106,296,219	109,125,714	111,954,988	114,784,079	117,613,019	120,441,834	123,270,548	126,099,179	128,927,745	131,756,258	134,584,732	492,725,160
+State taxable PBI income ($)                          	          	           	           	           	            	            	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
+Interest earned on reserves ($)                       	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State taxable IBI income ($)                          	          	           	           	           	            	            	0
+State taxable CBI income ($)                          	          	           	           	           	            	            	0
+minus:
+Debt interest payment ($)                             	          	           	           	           	            	            	0            	30,138,034 	29,818,981 	29,477,593 	29,112,309 	28,721,455 	28,303,241 	27,855,752 	27,376,939 	26,864,609 	26,316,416 	25,729,849 	25,102,223 	24,430,663 	23,712,094 	22,943,224 	22,120,534 	21,240,256 	20,298,358 	19,290,527 	18,212,149 	17,058,283 	15,823,647 	14,502,587 	13,089,052 	11,576,570 	9,958,214  	8,226,573  	6,373,718  	4,391,162  	2,269,828
+Total state tax depreciation ($)                      	          	           	           	           	            	            	0            	15,100,782 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	15,100,782 	0          	0          	0          	0          	0          	0          	0          	0          	0
+equals:
+State taxable income ($)                              	          	           	           	           	            	            	0            	12,133,794 	-2,146,486 	1,141,866  	4,398,908  	7,658,396  	10,932,848 	14,229,018 	17,551,517 	20,904,046 	24,289,902 	27,712,233 	31,174,167 	34,678,897 	38,229,733 	41,830,146 	45,483,794 	49,194,551 	52,966,535 	56,804,129 	60,712,003 	79,795,924 	98,960,432 	103,110,432	107,352,782	111,693,978	116,140,965	120,701,171	125,382,540	130,193,570	490,455,332
+
+State income tax rate (frac)                          	          	           	           	           	            	            	0.0          	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
+State tax benefit (liability) ($)                     	          	           	           	           	            	            	0            	-849,366   	150,254    	-79,931    	-307,924   	-536,088   	-765,299   	-996,031   	-1,228,606 	-1,463,283 	-1,700,293 	-1,939,856 	-2,182,192 	-2,427,523 	-2,676,081 	-2,928,110 	-3,183,866 	-3,443,619 	-3,707,657 	-3,976,289 	-4,249,840 	-5,585,715 	-6,927,230 	-7,217,730 	-7,514,695 	-7,818,578 	-8,129,868 	-8,449,082 	-8,776,778 	-9,113,550 	-34,331,873
+
+PROJECT FEDERAL INCOME TAXES
+EBITDA ($)                                            	          	           	           	           	            	            	0            	57,372,609 	57,874,058 	60,821,023 	63,712,781 	66,581,414 	69,437,653 	72,286,334 	75,130,020 	77,970,218 	80,807,882 	83,643,646 	86,477,953 	89,311,123 	92,143,390 	94,974,934 	97,805,891 	100,636,370	103,466,456	106,296,219	109,125,714	111,954,988	114,784,079	117,613,019	120,441,834	123,270,548	126,099,179	128,927,745	131,756,258	134,584,732	492,725,160
+Interest earned on reserves ($)                       	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	          	           	           	           	            	            	0            	-849,366   	150,254    	-79,931    	-307,924   	-536,088   	-765,299   	-996,031   	-1,228,606 	-1,463,283 	-1,700,293 	-1,939,856 	-2,182,192 	-2,427,523 	-2,676,081 	-2,928,110 	-3,183,866 	-3,443,619 	-3,707,657 	-3,976,289 	-4,249,840 	-5,585,715 	-6,927,230 	-7,217,730 	-7,514,695 	-7,818,578 	-8,129,868 	-8,449,082 	-8,776,778 	-9,113,550 	-34,331,873
+State ITC total income ($)                            	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	          	           	           	           	            	            	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
+Federal taxable IBI income ($)                        	          	           	           	           	            	            	0
+Federal taxable CBI income ($)                        	          	           	           	           	            	            	0
+Federal taxable PBI income ($)                        	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+minus:
+Debt interest payment ($)                             	          	           	           	           	            	            	0            	30,138,034 	29,818,981 	29,477,593 	29,112,309 	28,721,455 	28,303,241 	27,855,752 	27,376,939 	26,864,609 	26,316,416 	25,729,849 	25,102,223 	24,430,663 	23,712,094 	22,943,224 	22,120,534 	21,240,256 	20,298,358 	19,290,527 	18,212,149 	17,058,283 	15,823,647 	14,502,587 	13,089,052 	11,576,570 	9,958,214  	8,226,573  	6,373,718  	4,391,162  	2,269,828
+Total federal tax depreciation ($)                    	          	           	           	           	            	            	0            	15,100,782 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	30,201,563 	15,100,782 	0          	0          	0          	0          	0          	0          	0          	0          	0
+equals:
+Federal taxable income ($)                            	          	           	           	           	            	            	0            	11,284,428 	-1,996,232 	1,061,935  	4,090,985  	7,122,308  	10,167,549 	13,232,987 	16,322,911 	19,440,763 	22,589,609 	25,772,377 	28,991,975 	32,251,374 	35,553,652 	38,902,036 	42,299,928 	45,750,932 	49,258,878 	52,827,840 	56,462,162 	74,210,209 	92,033,202 	95,892,702 	99,838,088 	103,875,400	108,011,098	112,252,089	116,605,763	121,080,020	456,123,459
+
+Federal income tax rate (frac)                        	          	           	           	           	            	            	0.0          	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
+Federal tax benefit (liability) ($)                   	          	           	           	           	            	            	0            	-2,369,730 	419,209    	-223,006   	-859,107   	-1,495,685 	-2,135,185 	-2,778,927 	-3,427,811 	-4,082,560 	-4,743,818 	-5,412,199 	-6,088,315 	-6,772,789 	-7,466,267 	-8,169,428 	-8,882,985 	-9,607,696 	-10,344,364	-11,093,846	-11,857,054	-15,584,144	-19,326,972	-20,137,467	-20,965,998	-21,813,834	-22,682,331	-23,572,939	-24,487,210	-25,426,804	-95,785,926
+
+CASH INCENTIVES
+Federal IBI income ($)                                	          	           	           	           	            	            	0
+State IBI income ($)                                  	          	           	           	           	            	            	0
+Utility IBI income ($)                                	          	           	           	           	            	            	0
+Other IBI income ($)                                  	          	           	           	           	            	            	0
+Total IBI income ($)                                  	          	           	           	           	            	            	0
+
+Federal CBI income ($)                                	          	           	           	           	            	            	0
+State CBI income ($)                                  	          	           	           	           	            	            	0
+Utility CBI income ($)                                	          	           	           	           	            	            	0
+Other CBI income ($)                                  	          	           	           	           	            	            	0
+Total CBI income ($)                                  	          	           	           	           	            	            	0
+
+Federal PBI income ($)                                	          	           	           	           	            	            	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
+State PBI income ($)                                  	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	          	           	           	           	            	            	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
+Other PBI income ($)                                  	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total PBI income ($)                                  	          	           	           	           	            	            	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
+
+TAX CREDITS
+Federal PTC income ($)                                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	          	           	           	           	            	            	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
+
+Federal ITC amount income ($)                         	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC percent income ($)                        	          	           	           	           	            	            	0            	213,187,505	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
+Federal ITC total income ($)                          	          	           	           	           	            	            	0            	213,187,505	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+State ITC amount income ($)                           	          	           	           	           	            	            	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
+State ITC percent income ($)                          	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC total income ($)                            	          	           	           	           	            	            	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
+
+DEBT REPAYMENT
+Debt balance ($)                                      	          	           	           	           	            	            	430,543,342  	425,985,436	421,108,477	415,890,131	410,306,501	404,332,017	397,939,318	391,099,131	383,780,131	375,948,800	367,569,277	358,603,187	349,009,471	338,744,194	327,760,348	316,007,633	303,432,228	289,976,544	275,578,963	260,173,551	243,689,760	226,052,104	207,179,812	186,986,459	165,379,572	142,260,202	117,522,477	91,053,111 	62,730,889 	32,426,112 	0
+Debt interest payment ($)                             	          	           	           	           	            	            	0            	30,138,034 	29,818,981 	29,477,593 	29,112,309 	28,721,455 	28,303,241 	27,855,752 	27,376,939 	26,864,609 	26,316,416 	25,729,849 	25,102,223 	24,430,663 	23,712,094 	22,943,224 	22,120,534 	21,240,256 	20,298,358 	19,290,527 	18,212,149 	17,058,283 	15,823,647 	14,502,587 	13,089,052 	11,576,570 	9,958,214  	8,226,573  	6,373,718  	4,391,162  	2,269,828
+Debt principal payment ($)                            	          	           	           	           	            	            	0            	4,557,906  	4,876,959  	5,218,346  	5,583,630  	5,974,484  	6,392,698  	6,840,187  	7,319,000  	7,831,330  	8,379,523  	8,966,090  	9,593,716  	10,265,277 	10,983,846 	11,752,715 	12,575,405 	13,455,684 	14,397,581 	15,405,412 	16,483,791 	17,637,656 	18,872,292 	20,193,353 	21,606,887 	23,119,369 	24,737,725 	26,469,366 	28,322,222 	30,304,777 	32,426,112
+Debt total payment ($)                                	          	           	           	           	            	            	0            	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939
+
+DSCR (DEBT FRACTION)
+EBITDA ($)                                            	          	           	           	           	            	            	0            	57,372,609 	57,874,058 	60,821,023 	63,712,781 	66,581,414 	69,437,653 	72,286,334 	75,130,020 	77,970,218 	80,807,882 	83,643,646 	86,477,953 	89,311,123 	92,143,390 	94,974,934 	97,805,891 	100,636,370	103,466,456	106,296,219	109,125,714	111,954,988	114,784,079	117,613,019	120,441,834	123,270,548	126,099,179	128,927,745	131,756,258	134,584,732	492,725,160
+minus:
+Reserves major equipment 1 funding ($)                	          	           	           	           	            	            	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
+Reserves major equipment 2 funding ($)                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 funding ($)                	          	           	           	           	            	            	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
+Reserves receivables funding ($)                      	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+equals:
+Cash available for debt service (CAFDS) ($)           	          	           	           	           	            	            	0            	57,372,609 	57,874,058 	60,821,023 	63,712,781 	66,581,414 	69,437,653 	72,286,334 	75,130,020 	77,970,218 	80,807,882 	83,643,646 	86,477,953 	89,311,123 	92,143,390 	94,974,934 	97,805,891 	100,636,370	103,466,456	106,296,219	109,125,714	111,954,988	114,784,079	117,613,019	120,441,834	123,270,548	126,099,179	128,927,745	131,756,258	134,584,732	492,725,160
+Debt total payment ($)                                	          	           	           	           	            	            	0            	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939 	34,695,939
+DSCR (pre-tax)                                        	          	           	           	           	            	            	0.0          	1.65       	1.67       	1.75       	1.84       	1.92       	2.0        	2.08       	2.17       	2.25       	2.33       	2.41       	2.49       	2.57       	2.66       	2.74       	2.82       	2.90       	2.98       	3.06       	3.15       	3.23       	3.31       	3.39       	3.47       	3.55       	3.63       	3.72       	3.80       	3.88       	14.20
+
+RESERVES
+Reserves working capital funding ($)                  	          	           	           	           	            	            	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
+Reserves working capital disbursement ($)             	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital balance ($)                  	          	           	           	           	            	            	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
+
+Reserves debt service funding ($)                     	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service disbursement ($)                	          	           	           	           	            	            	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
+Reserves debt service balance ($)                     	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves receivables funding ($)                      	          	           	           	           	            	            	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
+Reserves receivables disbursement ($)                 	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables balance ($)                      	          	           	           	           	            	            	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
+
+Reserves major equipment 1 funding ($)                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 disbursement ($)           	          	           	           	           	            	            	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
+Reserves major equipment 1 balance ($)                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 2 funding ($)                	          	           	           	           	            	            	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
+Reserves major equipment 2 disbursement ($)           	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 balance ($)                	          	           	           	           	            	            	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
+
+Reserves major equipment 3 funding ($)                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 disbursement ($)           	          	           	           	           	            	            	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
+Reserves major equipment 3 balance ($)                	          	           	           	           	            	            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves total reserves balance ($)                   	          	           	           	           	            	            	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
+Interest on reserves (%/year)                         	          	           	           	           	            	            	1.75
+Interest earned on reserves ($)                       	          	           	           	           	            	            	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
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
diff --git a/tests/examples/example_SAM-single-owner-PPA-5.txt b/tests/examples/example_SAM-single-owner-PPA-5.txt
new file mode 100644
index 00000000..3c8b0b65
--- /dev/null
+++ b/tests/examples/example_SAM-single-owner-PPA-5.txt
@@ -0,0 +1,98 @@
+# Example: SAM Single Owner PPA Economic Model: Multiple Construction Years
+# FIXME WIP
+# This example demonstrates the SAM Single Owner PPA Economic Model for a 50 MWe EGS project with similar engineering parameters to Fervo Cape Station.
+# The SAM Single Owner PPA Economic Model calculates project NPV， after-tax IRR， and cash flow based on
+# electricity production， capital costs， and economic input parameters.
+# See "SAM Economic Models" in GEOPHIRES documentation: https://nrel.github.io/GEOPHIRES-X/SAM-Economic-Models.html
+
+# *** ECONOMIC/FINANCIAL PARAMETERS ***
+# *************************************
+Economic Model, 5, -- SAM Single Owner PPA
+Construction Years, 7
+Construction CAPEX Schedule, 0.01,0.02,0.07,0.1,0.2,0.2,0.4
+Bond Financing Start Year, -3
+
+Capital Cost for Power Plant for Electricity Generation, 1900
+Exploration Capital Cost, 120
+
+Starting Electricity Sale Price, 0.08
+Ending Electricity Sale Price, 1.00
+Electricity Escalation Rate Per Year, 0.00322
+Electricity Escalation Start Year, 1
+
+Fraction of Investment in Bonds, .65
+Inflated Bond Interest Rate, .07
+Discount Rate, 0.08
+Inflation Rate, .023
+
+Combined Income Tax Rate, .28
+Investment Tax Credit Rate, 0.3
+Property Tax Rate, 0
+
+Well Drilling Cost Correlation, 10, -- VERTICAL_LARGE_INT1
+
+Reservoir Stimulation Capital Cost per Injection Well, 2.1739130435, -- $2.5M/well after contingency
+Reservoir Stimulation Capital Cost per Production Well, 2.1739130435, -- Baseline stimulation cost of $4.0M, calibrated from high-intensity U.S. shale well analogue (~$39k/frac stage for 102 stages). This is a pre-contingency value and excludes EGS-specific cost premiums such as ceramic proppant and HPHT hardware.
+Reservoir Stimulation Indirect Capital Cost Percentage, 0, -- Baseline stimulation cost includes indirect costs
+
+Field Gathering System Capital Cost Adjustment Factor, 0.54, -- Gathering costs represent 2% of facilities CAPEX per https://www.linkedin.com/pulse/fervo-energy-technology-day-2024-entering-geothermal-decade-matson-n4stc/
+
+
+
+# *** SURFACE & SUBSURFACE TECHNICAL PARAMETERS ***
+# *************************************************
+End-Use Option, 1, -- Electricity
+Power Plant Type, 2, -- Supercritical ORC
+Plant Lifetime, 30
+
+Reservoir Model, 1
+
+Reservoir Volume Option, 1, -- FRAC_NUM_SEP: Reservoir volume calculated with fracture separation and number of fractures as input
+Number of Fractures, 1663, -- 55 fractures per well
+Fracture Shape, 3, -- Square
+Fracture Separation, 26,
+
+Reservoir Density, 2800
+Reservoir Depth, 2.6, -- km
+Reservoir Heat Capacity, 790
+Reservoir Thermal Conductivity, 3.05
+Reservoir Porosity, 0.0118
+Injectivity Index, 3, -- [kg/s/bar] NREL ATB conservative scenario (https://atb.nrel.gov/electricity/2024/geothermal)
+Productivity Index, 2.4742, -- [kg/s/bar] NREL ATB conservative scenario (https://atb.nrel.gov/electricity/2024/geothermal)
+
+Number of Segments, 1
+Gradient 1, 74
+
+Number of Doublets, 15
+
+Production Flow Rate per Well, 80
+
+Production Well Diameter, 8.5
+Injection Well Diameter, 8.5
+
+Well Separation, 365 feet
+
+Ramey Production Wellbore Model, 1
+Injection Temperature, 60 degC
+Injection Wellbore Temperature Gain, 3
+Plant Outlet Pressure, 1000 psi
+Production Wellhead Pressure, 325 psi
+
+Utilization Factor, .9
+Water Loss Fraction, 0.10
+Maximum Drawdown, 1,
+Ambient Temperature, 10, -- degC
+Surface Temperature, 10, -- degC
+Circulation Pump Efficiency, 0.80
+
+Well Geometry Configuration, 4
+Has Nonvertical Section, True
+Multilaterals Cased, True
+Number of Multilateral Sections, 3
+Nonvertical Length per Multilateral Section, 1433, -- meters
+Number of Multilateral Sections, 0, -- This parameter is set to 0 because, for this case study, the cost of horizontal drilling is assumed to be included within the 'vertical drilling cost.' This approach allows us to more directly convey the overall well drilling and completion cost.
+
+# *** SIMULATION PARAMETERS ***
+# *****************************
+Maximum Temperature, 500
+Time steps per year, 12
diff --git a/tests/examples/example_SAM-single-owner-PPA.out b/tests/examples/example_SAM-single-owner-PPA.out
index 1762a941..1667fc19 100644
--- a/tests/examples/example_SAM-single-owner-PPA.out
+++ b/tests/examples/example_SAM-single-owner-PPA.out
@@ -4,10 +4,10 @@
 
 Simulation Metadata
 ----------------------
- GEOPHIRES Version: 3.9.64
- Simulation Date: 2025-10-11
- Simulation Time:  11:36
- Calculation Time:      1.180 sec
+ GEOPHIRES Version: 3.10.12
+ Simulation Date: 2025-11-28
+ Simulation Time:  10:10
+ Calculation Time:      1.185 sec
 
                            ***SUMMARY OF RESULTS***
 
@@ -28,7 +28,6 @@ Simulation Metadata
       Real Discount Rate:                                    8.00 %
       Nominal Discount Rate:                                10.16 %
       WACC:                                                  7.57 %
-      Accrued financing during construction:                 5.00 %
       Project lifetime:                                      20 yr
       Capacity factor:                                       90.0 %
       Project NPV:                                         126.12 MUSD
@@ -107,6 +106,7 @@ Simulation Metadata
          Field gathering system costs:                        8.50 MUSD
          Total surface equipment costs:                     152.93 MUSD
          Exploration costs:                                   3.89 MUSD
+         Overnight Capital Cost:                            215.06 MUSD
          Inflation costs during construction:                10.75 MUSD
       Total CAPEX:                                          225.81 MUSD
 
@@ -194,222 +194,235 @@ Simulation Metadata
                             ***************************
                             *  SAM CASH FLOW PROFILE  *
                             ***************************
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-                                                 	Year 0       	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+                                                      	Year 0       	Year 1     	Year 2     	Year 3     	Year 4     	Year 5     	Year 6     	Year 7     	Year 8     	Year 9     	Year 10    	Year 11    	Year 12    	Year 13    	Year 14    	Year 15    	Year 16    	Year 17    	Year 18    	Year 19    	Year 20
+CONSTRUCTION
+Purchase of property [construction] ($)               	-225,808,536
+Cash flow from investing activities [construction] ($)	-225,808,536
+
+Issuance of equity [construction] ($)                 	135,485,121
+Issuance of debt [construction] ($)                   	90,323,414
+Debt balance [construction] ($)                       	90,323,414
+Debt interest payment [construction] ($)              	0
+Cash flow from financing activities [construction] ($)	225,808,536
+
+Total pre-tax returns [construction] ($)              	-135,485,121
+Total after-tax returns [construction] ($)            	-135,485,121
+
 ENERGY
-Electricity to grid (kWh)                        	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
-Electricity from grid (kWh)                      	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
-Electricity to grid net (kWh)                    	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
+Electricity to grid (kWh)                             	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
+Electricity from grid (kWh)                           	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
+Electricity to grid net (kWh)                         	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
 
 REVENUE
-PPA price (cents/kWh)                            	0.0          	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80
-PPA revenue ($)                                  	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
-Curtailment payment revenue ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Capacity payment revenue ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Salvage value ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	112,904,268
-Total revenue ($)                                	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	172,850,456
+PPA price (cents/kWh)                                 	0.0          	8.0        	8.0        	8.32       	8.64       	8.97       	9.29       	9.61       	9.93       	10.25      	10.58      	10.90      	11.22      	11.54      	11.86      	12.19      	12.51      	12.83      	13.15      	13.47      	13.80
+PPA revenue ($)                                       	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
+Curtailment payment revenue ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Capacity payment revenue ($)                          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Salvage value ($)                                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	112,904,268
+Total revenue ($)                                     	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	172,850,456
 
-Property tax net assessed value ($)              	0            	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536
+Property tax net assessed value ($)                   	0            	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536	225,808,536
 
 OPERATING EXPENSES
-O&M fixed expense ($)                            	0            	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143
-O&M production-based expense ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-O&M capacity-based expense ($)                   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Fuel expense ($)                                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Electricity purchase ($)                         	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Property tax expense ($)                         	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Insurance expense ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Total operating expenses ($)                     	0            	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143
+O&M fixed expense ($)                                 	0            	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143
+O&M production-based expense ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+O&M capacity-based expense ($)                        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Fuel expense ($)                                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Electricity purchase ($)                              	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Property tax expense ($)                              	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Insurance expense ($)                                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total operating expenses ($)                          	0            	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143  	6,626,143
 
-EBITDA ($)                                       	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
+EBITDA ($)                                            	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
 
 OPERATING ACTIVITIES
-EBITDA ($)                                       	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+EBITDA ($)                                            	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 plus PBI if not available for debt service:
-Federal PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Utility PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Other PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Cash flow from operating activities ($)          	0            	23,142,082 	23,493,474 	25,093,029 	26,676,218 	28,257,101 	29,840,626 	31,429,244 	33,024,460 	34,627,350 	36,238,774 	37,859,483 	39,490,168 	41,131,496 	42,784,121 	44,448,702 	46,125,911 	47,816,440 	49,521,007 	51,240,344 	165,879,180
+Federal PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Cash flow from operating activities ($)               	0            	23,142,082 	23,493,474 	25,093,029 	26,676,218 	28,257,101 	29,840,626 	31,429,244 	33,024,460 	34,627,350 	36,238,774 	37,859,483 	39,490,168 	41,131,496 	42,784,121 	44,448,702 	46,125,911 	47,816,440 	49,521,007 	51,240,344 	165,879,180
 
 INVESTING ACTIVITIES
-Total installed cost ($)                         	-225,808,536
-Debt closing costs ($)                           	0
-Debt up-front fee ($)                            	0
+Total installed cost ($)                              	-225,808,536
+Debt closing costs ($)                                	0
+Debt up-front fee ($)                                 	0
 minus:
-Total IBI income ($)                             	0
-Total CBI income ($)                             	0
+Total IBI income ($)                                  	0
+Total CBI income ($)                                  	0
 equals:
-Purchase of property ($)                         	-225,808,536
+Purchase of property ($)                              	-225,808,536
 plus:
-Reserve (increase)/decrease debt service ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease working capital ($)  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease receivables ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 1 ($)	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 2 ($)	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve (increase)/decrease major equipment 3 ($)	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 1 ($)   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 2 ($)   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserve capital spending major equipment 3 ($)   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease debt service ($)          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease working capital ($)       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease receivables ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 1 ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 2 ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve (increase)/decrease major equipment 3 ($)     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 1 ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 2 ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserve capital spending major equipment 3 ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 equals:
-Cash flow from investing activities ($)          	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Cash flow from investing activities ($)               	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 FINANCING ACTIVITIES
-Issuance of equity ($)                           	135,485,121
-Size of debt ($)                                 	90,323,414
+Issuance of equity ($)                                	135,485,121
+Size of debt ($)                                      	90,323,414
 minus:
-Debt principal payment ($)                       	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
+Debt principal payment ($)                            	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
 equals:
-Cash flow from financing activities ($)          	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
+Cash flow from financing activities ($)               	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
 
 PROJECT RETURNS
 Pre-tax Cash Flow:
-Cash flow from operating activities ($)          	0            	23,142,082 	23,493,474 	25,093,029 	26,676,218 	28,257,101 	29,840,626 	31,429,244 	33,024,460 	34,627,350 	36,238,774 	37,859,483 	39,490,168 	41,131,496 	42,784,121 	44,448,702 	46,125,911 	47,816,440 	49,521,007 	51,240,344 	165,879,180
-Cash flow from investing activities ($)          	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Cash flow from financing activities ($)          	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
-Total pre-tax cash flow ($)                      	0            	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
+Cash flow from operating activities ($)               	0            	23,142,082 	23,493,474 	25,093,029 	26,676,218 	28,257,101 	29,840,626 	31,429,244 	33,024,460 	34,627,350 	36,238,774 	37,859,483 	39,490,168 	41,131,496 	42,784,121 	44,448,702 	46,125,911 	47,816,440 	49,521,007 	51,240,344 	165,879,180
+Cash flow from investing activities ($)               	-225,808,536 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Cash flow from financing activities ($)               	225,808,536  	-2,731,614 	-2,868,194 	-3,011,604 	-3,162,184 	-3,320,294 	-3,486,308 	-3,660,624 	-3,843,655 	-4,035,838 	-4,237,629 	-4,449,511 	-4,671,986 	-4,905,586 	-5,150,865 	-5,408,408 	-5,678,829 	-5,962,770 	-6,260,909 	-6,573,954 	-6,902,652
+Total pre-tax cash flow ($)                           	0            	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
 
 Pre-tax Returns:
-Issuance of equity ($)                           	135,485,121
-Total pre-tax cash flow ($)                      	0            	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
-Total pre-tax returns ($)                        	-135,485,121 	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
+Issuance of equity ($)                                	135,485,121
+Total pre-tax cash flow ($)                           	0            	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
+Total pre-tax returns ($)                             	-135,485,121 	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
 
 After-tax Returns:
-Total pre-tax returns ($)                        	-135,485,121 	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
-Federal ITC total income ($)                     	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal PTC income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal tax benefit (liability) ($)              	0            	-3,582,515 	-2,714,008 	-3,026,401 	-3,335,598 	-3,644,345 	-3,953,607 	-4,263,864 	-4,575,410 	-4,888,454 	-5,203,165 	-5,519,690 	-5,838,163 	-6,158,714 	-6,481,471 	-6,806,564 	-7,134,123 	-7,464,284 	-7,797,185 	-8,132,972 	-30,521,937
-State ITC total income ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State tax benefit (liability) ($)                	0            	-1,284,056 	-972,763   	-1,084,732 	-1,195,555 	-1,306,217 	-1,417,063 	-1,528,267 	-1,639,932 	-1,752,134 	-1,864,934 	-1,978,383 	-2,092,531 	-2,207,424 	-2,323,108 	-2,439,629 	-2,557,033 	-2,675,370 	-2,794,690 	-2,915,044 	-10,939,762
-Total after-tax returns ($)                      	-135,485,121 	83,286,459 	16,938,508 	17,970,292 	18,982,881 	19,986,247 	20,983,647 	21,976,490 	22,965,464 	23,950,924 	24,933,045 	25,911,899 	26,887,488 	27,859,772 	28,828,676 	29,794,101 	30,755,926 	31,714,016 	32,668,223 	33,618,374 	117,514,829
-
-After-tax cumulative IRR (%)                     	NaN          	-38.53     	-22.41     	-8.85      	0.69       	7.21       	11.71      	14.89      	17.19      	18.87      	20.13      	21.08      	21.81      	22.38      	22.82      	23.17      	23.44      	23.66      	23.83      	23.98      	24.35
-After-tax cumulative NPV ($)                     	-135,485,121 	-59,880,130	-45,921,998	-32,479,395	-19,588,995	-7,268,969 	4,472,905  	15,636,159 	26,225,863 	36,251,384 	45,725,442 	54,663,353 	63,082,403 	71,001,333 	78,439,908 	85,418,557 	91,958,078 	98,079,390 	103,803,327	109,150,473	126,117,827
+Total pre-tax returns ($)                             	-135,485,121 	20,410,469 	20,625,279 	22,081,425 	23,514,034 	24,936,808 	26,354,318 	27,768,621 	29,180,806 	30,591,512 	32,001,144 	33,409,972 	34,818,182 	36,225,910 	37,633,256 	39,040,294 	40,447,082 	41,853,670 	43,260,098 	44,666,390 	158,976,528
+Federal ITC total income ($)                          	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal tax benefit (liability) ($)                   	0            	-3,582,515 	-2,714,008 	-3,026,401 	-3,335,598 	-3,644,345 	-3,953,607 	-4,263,864 	-4,575,410 	-4,888,454 	-5,203,165 	-5,519,690 	-5,838,163 	-6,158,714 	-6,481,471 	-6,806,564 	-7,134,123 	-7,464,284 	-7,797,185 	-8,132,972 	-30,521,937
+State ITC total income ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	0            	-1,284,056 	-972,763   	-1,084,732 	-1,195,555 	-1,306,217 	-1,417,063 	-1,528,267 	-1,639,932 	-1,752,134 	-1,864,934 	-1,978,383 	-2,092,531 	-2,207,424 	-2,323,108 	-2,439,629 	-2,557,033 	-2,675,370 	-2,794,690 	-2,915,044 	-10,939,762
+Total after-tax returns ($)                           	-135,485,121 	83,286,459 	16,938,508 	17,970,292 	18,982,881 	19,986,247 	20,983,647 	21,976,490 	22,965,464 	23,950,924 	24,933,045 	25,911,899 	26,887,488 	27,859,772 	28,828,676 	29,794,101 	30,755,926 	31,714,016 	32,668,223 	33,618,374 	117,514,829
+
+After-tax cumulative IRR (%)                          	NaN          	-38.53     	-22.41     	-8.85      	0.69       	7.21       	11.71      	14.89      	17.19      	18.87      	20.13      	21.08      	21.81      	22.38      	22.82      	23.17      	23.44      	23.66      	23.84      	23.98      	24.35
+After-tax cumulative NPV ($)                          	-135,485,121 	-59,880,129	-45,921,997	-32,479,395	-19,588,994	-7,268,969 	4,472,905  	15,636,160 	26,225,864 	36,251,384 	45,725,442 	54,663,354 	63,082,404 	71,001,334 	78,439,909 	85,418,558 	91,958,079 	98,079,391 	103,803,327	109,150,474	126,117,828
 
 AFTER-TAX LCOE AND PPA PRICE
-Annual costs ($)                                 	-135,485,121 	49,002,062 	-17,560,699	-17,985,061	-18,405,081	-18,824,489	-19,244,598	-19,666,059	-20,089,270	-20,514,516	-20,942,027	-21,372,001	-21,804,622	-22,240,066	-22,678,507	-23,120,121	-23,565,084	-24,013,582	-24,465,803	-24,921,943	57,568,641
-PPA revenue ($)                                  	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
-Electricity to grid (kWh)                        	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
+Annual costs ($)                                      	-135,485,121 	49,002,062 	-17,560,699	-17,985,061	-18,405,081	-18,824,489	-19,244,598	-19,666,059	-20,089,270	-20,514,516	-20,942,027	-21,372,001	-21,804,622	-22,240,066	-22,678,507	-23,120,121	-23,565,084	-24,013,582	-24,465,803	-24,921,943	57,568,641
+PPA revenue ($)                                       	0            	34,284,397 	34,499,207 	35,955,353 	37,387,962 	38,810,736 	40,228,246 	41,642,549 	43,054,733 	44,465,440 	45,875,072 	47,283,899 	48,692,110 	50,099,838 	51,507,184 	52,914,222 	54,321,010 	55,727,598 	57,134,026 	58,540,317 	59,946,188
+Electricity to grid (kWh)                             	0.0          	428,554,957	431,240,089	432,051,822	432,530,792	432,865,667	433,120,646	433,325,167	433,495,101	433,639,945	433,765,810	433,876,853	433,976,022	434,065,480	434,146,861	434,221,417	434,290,137	434,353,843	434,413,216	434,468,735	434,518,614
 
-Present value of annual costs ($)                	230,967,710
-Present value of annual energy nominal (kWh)     	3,643,623,190
-LCOE Levelized cost of energy nominal (cents/kWh)	6.34
+Present value of annual costs ($)                     	230,967,710
+Present value of annual energy nominal (kWh)          	3,643,623,190
+LCOE Levelized cost of energy nominal (cents/kWh)     	6.34
 
-Present value of PPA revenue ($)                 	357,085,538
-Present value of annual energy nominal (kWh)     	3,643,623,190
-LPPA Levelized PPA price nominal (cents/kWh)     	9.80
+Present value of PPA revenue ($)                      	357,085,538
+Present value of annual energy nominal (kWh)          	3,643,623,190
+LPPA Levelized PPA price nominal (cents/kWh)          	9.80
 
 PROJECT STATE INCOME TAXES
-EBITDA ($)                                       	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
-State taxable PBI income ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State taxable IBI income ($)                     	0
-State taxable CBI income ($)                     	0
+EBITDA ($)                                            	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
+State taxable PBI income ($)                          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State taxable IBI income ($)                          	0
+State taxable CBI income ($)                          	0
 minus:
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Total state tax depreciation ($)                 	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Total state tax depreciation ($)                      	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
 equals:
-State taxable income ($)                         	0            	18,343,651 	13,896,611 	15,496,166 	17,079,355 	18,660,239 	20,243,763 	21,832,382 	23,427,598 	25,030,487 	26,641,911 	28,262,620 	29,893,305 	31,534,633 	33,187,258 	34,851,840 	36,529,048 	38,219,578 	39,924,144 	41,643,481 	156,282,317
+State taxable income ($)                              	0            	18,343,651 	13,896,611 	15,496,166 	17,079,355 	18,660,239 	20,243,763 	21,832,382 	23,427,598 	25,030,487 	26,641,911 	28,262,620 	29,893,305 	31,534,633 	33,187,258 	34,851,840 	36,529,048 	38,219,578 	39,924,144 	41,643,481 	156,282,317
 
-State income tax rate (frac)                     	0.0          	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
-State tax benefit (liability) ($)                	0            	-1,284,056 	-972,763   	-1,084,732 	-1,195,555 	-1,306,217 	-1,417,063 	-1,528,267 	-1,639,932 	-1,752,134 	-1,864,934 	-1,978,383 	-2,092,531 	-2,207,424 	-2,323,108 	-2,439,629 	-2,557,033 	-2,675,370 	-2,794,690 	-2,915,044 	-10,939,762
+State income tax rate (frac)                          	0.0          	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07       	0.07
+State tax benefit (liability) ($)                     	0            	-1,284,056 	-972,763   	-1,084,732 	-1,195,555 	-1,306,217 	-1,417,063 	-1,528,267 	-1,639,932 	-1,752,134 	-1,864,934 	-1,978,383 	-2,092,531 	-2,207,424 	-2,323,108 	-2,439,629 	-2,557,033 	-2,675,370 	-2,794,690 	-2,915,044 	-10,939,762
 
 PROJECT FEDERAL INCOME TAXES
-EBITDA ($)                                       	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State tax benefit (liability) ($)                	0            	-1,284,056 	-972,763   	-1,084,732 	-1,195,555 	-1,306,217 	-1,417,063 	-1,528,267 	-1,639,932 	-1,752,134 	-1,864,934 	-1,978,383 	-2,092,531 	-2,207,424 	-2,323,108 	-2,439,629 	-2,557,033 	-2,675,370 	-2,794,690 	-2,915,044 	-10,939,762
-State ITC total income ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal taxable IBI income ($)                   	0
-Federal taxable CBI income ($)                   	0
-Federal taxable PBI income ($)                   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+EBITDA ($)                                            	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State tax benefit (liability) ($)                     	0            	-1,284,056 	-972,763   	-1,084,732 	-1,195,555 	-1,306,217 	-1,417,063 	-1,528,267 	-1,639,932 	-1,752,134 	-1,864,934 	-1,978,383 	-2,092,531 	-2,207,424 	-2,323,108 	-2,439,629 	-2,557,033 	-2,675,370 	-2,794,690 	-2,915,044 	-10,939,762
+State ITC total income ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal taxable IBI income ($)                        	0
+Federal taxable CBI income ($)                        	0
+Federal taxable PBI income ($)                        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 minus:
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Total federal tax depreciation ($)               	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Total federal tax depreciation ($)                    	0            	4,798,431  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863  	9,596,863
 equals:
-Federal taxable income ($)                       	0            	17,059,595 	12,923,848 	14,411,435 	15,883,800 	17,354,022 	18,826,700 	20,304,115 	21,787,666 	23,278,353 	24,776,977 	26,284,236 	27,800,774 	29,327,209 	30,864,150 	32,412,211 	33,972,015 	35,544,207 	37,129,454 	38,728,437 	145,342,555
+Federal taxable income ($)                            	0            	17,059,595 	12,923,848 	14,411,435 	15,883,800 	17,354,022 	18,826,700 	20,304,115 	21,787,666 	23,278,353 	24,776,977 	26,284,236 	27,800,774 	29,327,209 	30,864,150 	32,412,211 	33,972,015 	35,544,207 	37,129,454 	38,728,437 	145,342,555
 
-Federal income tax rate (frac)                   	0.0          	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
-Federal tax benefit (liability) ($)              	0            	-3,582,515 	-2,714,008 	-3,026,401 	-3,335,598 	-3,644,345 	-3,953,607 	-4,263,864 	-4,575,410 	-4,888,454 	-5,203,165 	-5,519,690 	-5,838,163 	-6,158,714 	-6,481,471 	-6,806,564 	-7,134,123 	-7,464,284 	-7,797,185 	-8,132,972 	-30,521,937
+Federal income tax rate (frac)                        	0.0          	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21       	0.21
+Federal tax benefit (liability) ($)                   	0            	-3,582,515 	-2,714,008 	-3,026,401 	-3,335,598 	-3,644,345 	-3,953,607 	-4,263,864 	-4,575,410 	-4,888,454 	-5,203,165 	-5,519,690 	-5,838,163 	-6,158,714 	-6,481,471 	-6,806,564 	-7,134,123 	-7,464,284 	-7,797,185 	-8,132,972 	-30,521,937
 
 CASH INCENTIVES
-Federal IBI income ($)                           	0
-State IBI income ($)                             	0
-Utility IBI income ($)                           	0
-Other IBI income ($)                             	0
-Total IBI income ($)                             	0
-
-Federal CBI income ($)                           	0
-State CBI income ($)                             	0
-Utility CBI income ($)                           	0
-Other CBI income ($)                             	0
-Total CBI income ($)                             	0
-
-Federal PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Utility PBI income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Other PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Total PBI income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal IBI income ($)                                	0
+State IBI income ($)                                  	0
+Utility IBI income ($)                                	0
+Other IBI income ($)                                  	0
+Total IBI income ($)                                  	0
+
+Federal CBI income ($)                                	0
+State CBI income ($)                                  	0
+Utility CBI income ($)                                	0
+Other CBI income ($)                                  	0
+Total CBI income ($)                                  	0
+
+Federal PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Utility PBI income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Other PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Total PBI income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 TAX CREDITS
-Federal PTC income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State PTC income ($)                             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal PTC income ($)                                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State PTC income ($)                                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
-Federal ITC amount income ($)                    	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal ITC percent income ($)                   	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Federal ITC total income ($)                     	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC amount income ($)                         	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC percent income ($)                        	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Federal ITC total income ($)                          	0            	67,742,561 	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
-State ITC amount income ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State ITC percent income ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-State ITC total income ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC amount income ($)                           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC percent income ($)                          	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+State ITC total income ($)                            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 
 DEBT REPAYMENT
-Debt balance ($)                                 	90,323,414   	87,591,801 	84,723,606 	81,712,002 	78,549,818 	75,229,524 	71,743,216 	68,082,592 	64,238,937 	60,203,100 	55,965,470 	51,515,959 	46,843,973 	41,938,387 	36,787,522 	31,379,114 	25,700,285 	19,737,515 	13,476,606 	6,902,652  	0
-Debt interest payment ($)                        	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
-Debt principal payment ($)                       	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
-Debt total payment ($)                           	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
+Debt balance ($)                                      	90,323,414   	87,591,801 	84,723,606 	81,712,002 	78,549,818 	75,229,524 	71,743,216 	68,082,592 	64,238,937 	60,203,100 	55,965,470 	51,515,959 	46,843,973 	41,938,387 	36,787,522 	31,379,114 	25,700,285 	19,737,515 	13,476,606 	6,902,652  	0
+Debt interest payment ($)                             	0            	4,516,171  	4,379,590  	4,236,180  	4,085,600  	3,927,491  	3,761,476  	3,587,161  	3,404,130  	3,211,947  	3,010,155  	2,798,274  	2,575,798  	2,342,199  	2,096,919  	1,839,376  	1,568,956  	1,285,014  	986,876    	673,830    	345,133
+Debt principal payment ($)                            	0            	2,731,614  	2,868,194  	3,011,604  	3,162,184  	3,320,294  	3,486,308  	3,660,624  	3,843,655  	4,035,838  	4,237,629  	4,449,511  	4,671,986  	4,905,586  	5,150,865  	5,408,408  	5,678,829  	5,962,770  	6,260,909  	6,573,954  	6,902,652
+Debt total payment ($)                                	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
 
 DSCR (DEBT FRACTION)
-EBITDA ($)                                       	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
+EBITDA ($)                                            	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
 minus:
-Reserves major equipment 1 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables funding ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables funding ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
 equals:
-Cash available for debt service (CAFDS) ($)      	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
-Debt total payment ($)                           	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
-DSCR (pre-tax)                                   	0.0          	3.82       	3.85       	4.05       	4.24       	4.44       	4.64       	4.83       	5.03       	5.22       	5.42       	5.61       	5.80       	6.0        	6.19       	6.39       	6.58       	6.77       	6.97       	7.16       	22.93
+Cash available for debt service (CAFDS) ($)           	0            	27,658,253 	27,873,064 	29,329,209 	30,761,818 	32,184,592 	33,602,102 	35,016,405 	36,428,590 	37,839,297 	39,248,929 	40,657,756 	42,065,966 	43,473,694 	44,881,040 	46,288,078 	47,694,867 	49,101,455 	50,507,883 	51,914,174 	166,224,312
+Debt total payment ($)                                	0            	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784  	7,247,784
+DSCR (pre-tax)                                        	0.0          	3.82       	3.85       	4.05       	4.24       	4.44       	4.64       	4.83       	5.03       	5.22       	5.42       	5.61       	5.80       	6.0        	6.19       	6.39       	6.58       	6.77       	6.97       	7.16       	22.93
 
 RESERVES
-Reserves working capital funding ($)             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves working capital disbursement ($)        	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves working capital balance ($)             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves debt service funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves debt service disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves debt service balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves receivables funding ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables disbursement ($)            	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves receivables balance ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 1 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 1 disbursement ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 1 balance ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 2 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 disbursement ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 2 balance ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves major equipment 3 funding ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 disbursement ($)      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Reserves major equipment 3 balance ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-
-Reserves total reserves balance ($)              	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
-Interest on reserves (%/year)                    	1.75
-Interest earned on reserves ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
+Reserves working capital funding ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital disbursement ($)             	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves working capital balance ($)                  	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves debt service funding ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service disbursement ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves debt service balance ($)                     	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves receivables funding ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables disbursement ($)                 	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves receivables balance ($)                      	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 1 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 1 balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 2 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 2 balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves major equipment 3 funding ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 disbursement ($)           	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Reserves major equipment 3 balance ($)                	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+
+Reserves total reserves balance ($)                   	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+Interest on reserves (%/year)                         	1.75
+Interest earned on reserves ($)                       	0            	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0          	0
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
diff --git a/tests/geophires_x_tests/test_economics_sam.py b/tests/geophires_x_tests/test_economics_sam.py
index c0d62f1d..3d22e867 100644
--- a/tests/geophires_x_tests/test_economics_sam.py
+++ b/tests/geophires_x_tests/test_economics_sam.py
@@ -1,5 +1,6 @@
 from __future__ import annotations
 
+import logging
 import math
 import os
 import sys
@@ -8,6 +9,7 @@
 
 import numpy as np
 import numpy_financial as npf
+from geophires_x.Parameter import listParameter
 
 from base_test_case import BaseTestCase
 
@@ -22,15 +24,24 @@
     _get_fed_and_state_tax_rates,
     SamEconomicsCalculations,
     _get_royalty_rate_schedule,
+    _validate_construction_capex_schedule,
 )
-from geophires_x.GeoPHIRESUtils import sig_figs, quantity
+from geophires_x.GeoPHIRESUtils import sig_figs, quantity, is_float
 
 # noinspection PyProtectedMember
-from geophires_x.EconomicsSamCashFlow import _clean_profile, _is_category_row_label, _is_designator_row_label
+from geophires_x.EconomicsSamCashFlow import (
+    _clean_profile,
+    _is_category_row_label,
+    _is_designator_row_label,
+    _SAM_CASH_FLOW_NAN_STR,
+)
+from geophires_x.Units import convertible_unit
 from geophires_x_client import GeophiresInputParameters
 from geophires_x_client import GeophiresXClient
 from geophires_x_client import GeophiresXResult
 
+_log = logging.getLogger(__name__)
+
 
 class EconomicsSamTestCase(BaseTestCase):
 
@@ -180,7 +191,7 @@ def get_single_value(name: str) -> list[float]:
         )
 
     @staticmethod
-    def _get_cash_flow_row(cash_flow, name):
+    def _get_cash_flow_row(cash_flow: list[list[Any]], name: str) -> list[Any]:
 
         def r_0(r):
             if r is not None and len(r) > 0:
@@ -200,17 +211,199 @@ def test_only_electricity_end_use_supported(self):
 
         self.assertIn('Invalid End-Use Option (Direct-Use Heat)', str(e.exception))
 
-    def test_only_1_construction_year_supported(self):
-        # TODO remove this test and uncomment test_multiple_construction_years_supported below once multiple
-        #  construction years are supported https://github.com/NREL/GEOPHIRES-X/issues/406
-        with self.assertRaises(RuntimeError) as e:
-            self._get_result({'Construction Years': 2})
+    def test_multiple_construction_years(self):
+        construction_years_2: GeophiresXResult = self._get_result(
+            {
+                'Construction Years': 2,
+                'Construction CAPEX Schedule': '0.5,0.5',
+                'Fraction of Investment in Bonds': 0.25,
+            }
+        )
+        self.assertIsNotNone(construction_years_2)
+        cy2_cf = construction_years_2.result['SAM CASH FLOW PROFILE']
+        self.assertEqual('Year -1', cy2_cf[0][1])
+        self.assertEqual('Year 20', cy2_cf[0][-1])
+
+        try:
+            with self.assertLogs(level='INFO') as logs:
+                construction_years_4 = self._get_result(
+                    {'Construction Years': 4, 'Construction CAPEX Schedule': '0.5,0.5'}
+                )
+
+                self.assertHasLogRecordWithMessage(
+                    logs, 'has been adjusted to: [0.25, 0.25, 0.25, 0.25]', treat_substring_match_as_match=True
+                )
+        except AssertionError as ae:
+            self._handle_assert_logs_failure(ae)
+
+        cy4_cf = construction_years_4.result['SAM CASH FLOW PROFILE']
+
+        cy4_result_npv = construction_years_4.result['ECONOMIC PARAMETERS']['Project NPV']
+        self.assertAlmostEqualWithinSigFigs(
+            quantity(cy4_result_npv['value'], cy4_result_npv['unit']).to('USD').magnitude,
+            self._get_cash_flow_row(cy4_cf, 'After-tax cumulative NPV ($)')[-1],
+            num_sig_figs=4,
+        )
+
+        cy4_result_irr = construction_years_4.result['ECONOMIC PARAMETERS']['After-tax IRR']
+
+        self.assertAlmostEqualWithinSigFigs(
+            quantity(cy4_result_irr['value'], cy4_result_irr['unit']).to(convertible_unit('percent')).magnitude,
+            self._get_cash_flow_row(cy4_cf, 'After-tax cumulative IRR (%)')[-1],
+        )
+
+        def _floats(_cf: list[Any]) -> list[float]:
+            return [float(it) for it in _cf if is_float(it)]
+
+        self.assertEqual(
+            _floats(self._get_cash_flow_row(cy4_cf, 'Debt balance [construction] ($)'))[-1],
+            _floats(self._get_cash_flow_row(cy4_cf, 'Debt balance ($)'))[0],
+        )
+
+        def _sum(cf_row_name: str, abs_val: bool = False) -> float:
+            return sum([abs(it) if abs_val else it for it in _floats(self._get_cash_flow_row(cy4_cf, cf_row_name))])
+
+        idc_sum = _sum('Debt interest payment [construction] ($)')
+
+        cy4_idc = construction_years_4.result['CAPITAL COSTS (M$)']['Interest during construction']
+        self.assertAlmostEqualWithinSigFigs(
+            idc_sum, quantity(cy4_idc['value'], cy4_idc['unit']).to('USD').magnitude, num_sig_figs=4
+        )
+
+        installed_cost_from_construction_cash_flow = (
+            _sum('Purchase of property [construction] ($)', abs_val=True) + idc_sum
+        )
+
+        self.assertEqual(
+            abs(_floats(self._get_cash_flow_row(cy4_cf, 'Total installed cost ($)'))[0]),
+            installed_cost_from_construction_cash_flow,
+        )
+
+        self.assertLess(
+            construction_years_4.result['CAPITAL COSTS (M$)']['Overnight Capital Cost']['value'],
+            installed_cost_from_construction_cash_flow,
+        )
 
-        self.assertIn('Invalid Construction Years (2)', str(e.exception))
-        self.assertIn('SAM_SINGLE_OWNER_PPA only supports Construction Years  = 1.', str(e.exception))
+        self.assertLess(
+            construction_years_4.result['CAPITAL COSTS (M$)']['Overnight Capital Cost']['value'],
+            construction_years_4.result['CAPITAL COSTS (M$)']['Total CAPEX']['value'],
+        )
+
+        self.assertEqual(
+            _sum('Issuance of equity [construction] ($)'),
+            _floats(self._get_cash_flow_row(cy4_cf, 'Issuance of equity ($)'))[0],
+        )
+
+    def test_validate_construction_capex_schedule(self):
+        model_logger = self._new_model(self._egs_test_file_path()).logger
+
+        def _sched(sched: list[float]) -> listParameter:
+            construction_capex_schedule_name = 'Construction CAPEX Schedule'
+            schedule_param = listParameter(
+                construction_capex_schedule_name,
+                DefaultValue=[1.0],
+                Min=0.0,
+                Max=1.0,
+                ToolTipText=construction_capex_schedule_name,
+            )
+            schedule_param.value = sched
+            return schedule_param
 
-    # def test_multiple_construction_years_supported(self):
-    #     self.assertIsNotNone(self._get_result({'Construction Years': 2}))
+        half_half = [0.5, 0.5]
+        self.assertListEqual(half_half, _validate_construction_capex_schedule(_sched(half_half), 2, model_logger))
+
+        try:
+            with self.assertLogs(logger=model_logger.name, level='WARNING') as logs:
+                quarters = [0.25] * 4
+                self.assertListEqual(
+                    half_half, _validate_construction_capex_schedule(_sched(quarters), 2, model_logger)
+                )
+                self.assertHasLogRecordWithMessage(
+                    logs, 'has been adjusted to: [0.5, 0.5]', treat_substring_match_as_match=True
+                )
+        except AssertionError as ae:
+            self._handle_assert_logs_failure(ae)
+
+        try:
+            with self.assertLogs(logger=model_logger.name, level='WARNING') as logs2:
+                double_ones = [1.0, 1.0]
+                self.assertListEqual(
+                    half_half, _validate_construction_capex_schedule(_sched(double_ones), 2, model_logger)
+                )
+                self.assertHasLogRecordWithMessage(logs2, 'does not sum to 1.0', treat_substring_match_as_match=True)
+        except AssertionError as ae:
+            self._handle_assert_logs_failure(ae)
+
+    def assertAlmostEqualWithinSigFigs(self, expected: float | int, actual: float | int, num_sig_figs: int = 3):
+        """
+        TODO move to parent class (BaseTestCase)
+        """
+
+        self.assertEqual(
+            sig_figs(expected, num_sig_figs),
+            sig_figs(actual, num_sig_figs),
+        )
+
+    def test_bond_interest_rate_during_construction(self):
+        fraction_in_bonds: float = 0.5
+        r: GeophiresXResult = self._get_result(
+            {
+                'Construction Years': 2,
+                'Inflation Rate During Construction': 0,
+                'Fraction of Investment in Bonds': fraction_in_bonds,
+                'Inflated Bond Interest Rate During Construction': 0,
+            }
+        )
+
+        def get_equity_usd(_r: GeophiresXResult) -> float:
+            equity_str = self._get_cash_flow_row(_r.result['SAM CASH FLOW PROFILE'], 'Issuance of equity ($)')[-1]
+
+            return float(equity_str)
+
+        equity_musd = quantity(get_equity_usd(r), 'USD').to('MUSD').magnitude
+        total_capex_musd = r.result['SUMMARY OF RESULTS']['Total CAPEX']['value']
+        self.assertAlmostEqual(total_capex_musd * fraction_in_bonds, equity_musd, places=2)
+
+    def test_bond_financing_start_year(self):
+        construction_years = 4
+
+        def _get_result_(_financing_start_year: int, _construction_years: int = construction_years) -> GeophiresXResult:
+            return self._get_result(
+                {
+                    'Construction Years': _construction_years,
+                    'Inflation Rate During Construction': 0,
+                    'Fraction of Investment in Bonds': 0.5,
+                    'Bond Financing Start Year': _financing_start_year,
+                }
+            )
+
+        def get_debt_issuance_usd(_r: GeophiresXResult) -> list[float]:
+            return self._get_cash_flow_row(_r.result['SAM CASH FLOW PROFILE'], 'Issuance of debt [construction] ($)')
+
+        def _assert_debt_issuance_cash_flow_reflects_bond_financing_start_year(_r, _financing_start_year: int) -> None:
+            di = get_debt_issuance_usd(_r)
+            year_indexes = [int(it.replace('Year ', '')) for it in _r.result['SAM CASH FLOW PROFILE'][0][1:]]
+            bond_financing_start_cash_flow_index = (
+                year_indexes.index(_financing_start_year) if year_indexes[0] <= _financing_start_year else 0
+            )
+            self.assertTrue(all(it == 0 for it in di[:bond_financing_start_cash_flow_index]))
+            self.assertTrue(all(it > 0 for it in di[bond_financing_start_cash_flow_index:]))
+
+        for financing_start_year in range(-1 * (construction_years - 1), 1):
+            r: GeophiresXResult = _get_result_(financing_start_year)
+            _assert_debt_issuance_cash_flow_reflects_bond_financing_start_year(r, financing_start_year)
+
+        fsy_min = -13
+        r_prior_construction: GeophiresXResult = _get_result_(fsy_min)
+        _assert_debt_issuance_cash_flow_reflects_bond_financing_start_year(r_prior_construction, fsy_min)
+
+        max_construction_years = 14
+        _assert_debt_issuance_cash_flow_reflects_bond_financing_start_year(
+            _get_result_(fsy_min, _construction_years=max_construction_years), fsy_min
+        )
+
+        with self.assertRaises(RuntimeError):
+            _get_result_(1)  # Bond financing start year is negative year indexed, so value must be less than 0
 
     def test_ppa_pricing_model(self):
         self.assertListEqual(
@@ -290,6 +483,50 @@ def test_inflation_rate_during_construction(self):
 
         self.assertAlmostEqual(tic_no_infl * (1 + infl_rate), tic_infl, places=0)
 
+        def _infl_cost_musd(r: GeophiresXResult) -> float:
+            return r.result['CAPITAL COSTS (M$)']['Inflation costs during construction']['value']
+
+        params_3 = {
+            'Construction Years': 3,
+            'Inflation Rate': 0.04769,
+            'Inflated Bond Interest Rate During Construction': 0,
+        }
+        r3: GeophiresXResult = self._get_result(
+            params_3, file_path=self._get_test_file_path('generic-egs-case-3_no-inflation-rate-during-construction.txt')
+        )
+
+        # Validate that inflation during construction is calculated by compounding the inflation rate over construction years
+        occ_3 = r3.result['CAPITAL COSTS (M$)']['Overnight Capital Cost']['value']
+        infl_rate_3 = params_3['Inflation Rate']
+        # Default uniform schedule for 3 years
+        schedule = [1 / 3, 1 / 3, 1 / 3]
+
+        expected_infl_cost_3 = sum([occ_3 * s * ((1 + infl_rate_3) ** (y + 1) - 1) for y, s in enumerate(schedule)])
+
+        self.assertAlmostEqual(expected_infl_cost_3, _infl_cost_musd(r3), places=1)
+
+        cash_flow_3 = r3.result['SAM CASH FLOW PROFILE']
+        tic_3 = EconomicsSamTestCase._get_cash_flow_row(cash_flow_3, tic)[-1]
+
+        # Verify TIC matches OCC + Inflation Cost (IDC is 0)
+        self.assertAlmostEqual(occ_3 + expected_infl_cost_3, quantity(abs(tic_3), 'USD').to('MUSD').magnitude, places=0)
+
+        params4 = {
+            'Construction Years': 3,
+            'Inflation Rate During Construction': 0.15,
+            'Inflated Bond Interest Rate During Construction': 0,
+        }
+        r4: GeophiresXResult = self._get_result(
+            params4, file_path=self._get_test_file_path('generic-egs-case-3_no-inflation-rate-during-construction.txt')
+        )
+
+        # r4 treats 'Inflation Rate During Construction' as the annual inflation rate in the current implementation
+        infl_rate_4 = params4['Inflation Rate During Construction']
+        occ_4 = r4.result['CAPITAL COSTS (M$)']['Overnight Capital Cost']['value']
+
+        expected_infl_cost_4 = sum([occ_4 * s * ((1 + infl_rate_4) ** (y + 1) - 1) for y, s in enumerate(schedule)])
+        self.assertAlmostEqual(expected_infl_cost_4, _infl_cost_musd(r4), places=1)
+
     def test_ptc(self):
         def assert_ptc(params, expected_ptc_usd_per_kWh):
             m: Model = EconomicsSamTestCase._new_model(self._egs_test_file_path(), additional_params=params)
@@ -490,7 +727,7 @@ def test_get_fed_and_state_tax_rates(self):
         self.assertEqual(([21], [9]), _get_fed_and_state_tax_rates(0.3))
         self.assertEqual(([10], [0]), _get_fed_and_state_tax_rates(0.1))
 
-    def test_nan_after_tax_irr(self):
+    def test_nan_after_tax_irr_output_param(self):
         """
         Verify that After-tax IRRs that would have been calculated as NaN by SAM are instead calculated with
         numpy-financial.irr
@@ -509,9 +746,14 @@ def _irr(_r: GeophiresXResult) -> float:
         )
         sam_after_tax_irr_calc = float(after_tax_irr_cash_flow_entries[-1])
 
-        # Test case condition - we expect SAM to have calculated NaN here. If this assertion fails, adjust params passed
-        # to _get_result such that final year of After-tax cumulative IRR is NaN.
-        assert math.isnan(sam_after_tax_irr_calc)
+        try:
+            # As of 2025-11-14, this assertion is expected to fail because After-tax cumulative IRR is now backfilled
+            # upstream by the SAM-EM as part of adjusting IRR for multi-year construction periods.
+            # However, we would want to run the remainder of the test if the assertion does pass, hence why skipping
+            # is conditional.
+            assert math.isnan(sam_after_tax_irr_calc)
+        except AssertionError:
+            self.skipTest('Skipping because NaN after-tax IRR is now handled upstream by SAM-EM')
 
         after_tax_cash_flow = EconomicsSamTestCase._get_cash_flow_row(
             r.result['SAM CASH FLOW PROFILE'], 'Total after-tax returns ($)'
@@ -522,6 +764,30 @@ def _irr(_r: GeophiresXResult) -> float:
         self.assertFalse(math.isnan(r_irr))
         self.assertAlmostEqual(npf_irr, r_irr, places=2)
 
+    def test_nan__irr_cash_flow_line_items_for_multiple_construction_years(self):
+        """
+        IRR during construction years is expected to be nan - serialized as 'NaN'
+        """
+
+        def _irr(_r: GeophiresXResult) -> float:
+            return _r.result['ECONOMIC PARAMETERS']['After-tax IRR']['value']
+
+        construction_years = 2
+
+        rate_params = {
+            'Electricity Escalation Rate Per Year': 0.00348993288590604,
+            'Starting Electricity Sale Price': 0.13,
+            'Construction Years': construction_years,
+        }
+        r: GeophiresXResult = self._get_result(rate_params)
+        after_tax_irr_cash_flow_entries = EconomicsSamTestCase._get_cash_flow_row(
+            r.result['SAM CASH FLOW PROFILE'], 'After-tax cumulative IRR (%)'
+        )
+        self.assertTrue(
+            all(it == _SAM_CASH_FLOW_NAN_STR for it in after_tax_irr_cash_flow_entries[:construction_years])
+        )
+        self.assertTrue(all(is_float(it) for it in after_tax_irr_cash_flow_entries[construction_years:]))
+
     def test_nan_project_payback_period(self):
         def _payback_period(_r: GeophiresXResult) -> float:
             return _r.result['ECONOMIC PARAMETERS']['Project Payback Period']['value']
@@ -535,7 +801,12 @@ def _payback_period(_r: GeophiresXResult) -> float:
 
     def test_accrued_financing_during_construction(self):
         def _accrued_financing(_r: GeophiresXResult) -> float:
-            return _r.result['ECONOMIC PARAMETERS']['Accrued financing during construction']['value']
+            econ_params = _r.result['ECONOMIC PARAMETERS']
+            acf_key = 'Accrued financing during construction'
+            if econ_params[acf_key] is None:
+                self.skipTest(f'Economic parameters do not contain {acf_key}. (This is expected/OK.)')
+
+            return econ_params[acf_key]['value']
 
         params1 = {
             'Construction Years': 1,
@@ -544,7 +815,7 @@ def _accrued_financing(_r: GeophiresXResult) -> float:
         r1: GeophiresXResult = self._get_result(
             params1, file_path=self._get_test_file_path('generic-egs-case-3_no-inflation-rate-during-construction.txt')
         )
-        self.assertAlmostEqual(4.769, _accrued_financing(r1), places=1)
+        self.assertAlmostEqual(0, _accrued_financing(r1), places=1)
 
         params2 = {
             'Construction Years': 1,
@@ -553,28 +824,7 @@ def _accrued_financing(_r: GeophiresXResult) -> float:
         r2: GeophiresXResult = self._get_result(
             params2, file_path=self._get_test_file_path('generic-egs-case-3_no-inflation-rate-during-construction.txt')
         )
-        self.assertEqual(15.0, _accrued_financing(r2))
-
-        # TODO enable when multiple construction years are supported https://github.com/NREL/GEOPHIRES-X/issues/406
-        # params3 = {
-        #     'Construction Years': 3,
-        #     'Inflation Rate': 0.04769,
-        # }
-        # r3: GeophiresXResult = self._get_result(
-        #     params3,
-        #     file_path=self._get_test_file_path('generic-egs-case-3_no-inflation-rate-during-construction.txt')
-        # )
-        # self.assertEqual(15.0, _accrued_financing(r3))
-        #
-        # params4 = {
-        #     'Construction Years': 3,
-        #     'Inflation Rate During Construction': 0.15,
-        # }
-        # r4: GeophiresXResult = self._get_result(
-        #     params4,
-        #     file_path=self._get_test_file_path('generic-egs-case-3_no-inflation-rate-during-construction.txt')
-        # )
-        # self.assertEqual(15.0, _accrued_financing(r4))
+        self.assertEqual(0, _accrued_financing(r2))
 
     def test_add_ons(self):
         no_add_ons_result = self._get_result(
@@ -620,6 +870,19 @@ def test_add_ons(self):
                 file_path=self._get_test_file_path('egs-sam-em-add-ons.txt'),
             )
 
+        add_ons_multiple_construction_years_result = self._get_result(
+            {'Do AddOn Calculations': True, 'Construction Years': 3},
+            file_path=self._get_test_file_path('egs-sam-em-add-ons.txt'),
+        )
+        self.assertGreater(
+            add_ons_multiple_construction_years_result.result['SUMMARY OF RESULTS']['Total CAPEX']['value'],
+            add_ons_result.result['SUMMARY OF RESULTS']['Total CAPEX']['value'],
+        )
+        self.assertEqual(
+            add_ons_multiple_construction_years_result.result['CAPITAL COSTS (M$)']['Total Add-on CAPEX']['value'],
+            add_ons_result.result['CAPITAL COSTS (M$)']['Total Add-on CAPEX']['value'],
+        )
+
     def _assert_capex_line_items_sum_to_total(self, r: GeophiresXResult):
         capex_line_items = {key: value for key, value in r.result['CAPITAL COSTS (M$)'].items() if value is not None}
 
@@ -629,6 +892,7 @@ def _assert_capex_line_items_sum_to_total(self, r: GeophiresXResult):
         capex_line_item_sum = 0
         for line_item_name, capex_line_item in capex_line_items.items():
             if line_item_name not in [
+                'Overnight Capital Cost',
                 'Total CAPEX',
                 'Total surface equipment costs',
                 'Drilling and completion costs per well',
@@ -677,28 +941,7 @@ def test_royalty_rate_schedule(self):
         schedule: list[float] = _get_royalty_rate_schedule(m)
 
         self.assertListAlmostEqual(
-            [
-                0.1,
-                0.11,
-                0.12,
-                0.13,
-                0.14,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-                0.15,
-            ],
+            [0.1, 0.11, 0.12, 0.13, 0.14, *[0.15] * 15],
             schedule,
             places=3,
         )
@@ -724,3 +967,14 @@ def _new_model(input_file: Path, additional_params: dict[str, Any] | None = None
             m.Calculate()
 
         return m
+
+    def _handle_assert_logs_failure(self, ae: AssertionError):
+        if sys.version_info[:2] == (3, 8) and self._is_github_actions():
+            # FIXME - see
+            #  https://github.com/softwareengineerprogrammer/GEOPHIRES/actions/runs/19646240874/job/56262028512#step:5:344
+            _log.warning(
+                f'WARNING: Skipping logs assertion in GitHub Actions '
+                f'for Python {sys.version_info.major}.{sys.version_info.minor}'
+            )
+        else:
+            raise ae
diff --git a/tests/geophires_x_tests/test_economics_sam_pre_revenue.py b/tests/geophires_x_tests/test_economics_sam_pre_revenue.py
new file mode 100644
index 00000000..c5f212b7
--- /dev/null
+++ b/tests/geophires_x_tests/test_economics_sam_pre_revenue.py
@@ -0,0 +1,38 @@
+from __future__ import annotations
+
+from base_test_case import BaseTestCase
+from geophires_x.EconomicsSamPreRevenue import adjust_phased_schedule_to_new_length
+
+
+class EconomicsSamPreRevenueTestCase(BaseTestCase):
+
+    def test_adjust_phased_schedule_to_new_length(self) -> None:
+        def asrt(original_schedule: list[float], new_length: int, expected_schedule: list[float]) -> None:
+            adjusted_schedule = adjust_phased_schedule_to_new_length(original_schedule, new_length)
+            self.assertListAlmostEqual(expected_schedule, adjusted_schedule, percent=3)
+
+        # fmt:off
+        asrt(
+            [1.],
+            2,
+            [0.5, 0.5]
+        )
+
+        asrt(
+            [0.5, 0.5],
+            4,
+            [0.25, 0.25, 0.25, 0.25]
+        )
+
+        asrt(
+            [0.25, 0.25, 0.25, 0.25],
+            2,
+            [0.5, 0.5],
+        )
+
+        asrt(
+            [0.5, 0.25, 0.25],
+            6,
+            [0.25] * 2 + [0.1278]*4
+        )
+        # fmt:on
diff --git a/tests/test_base_test_case.py b/tests/test_base_test_case.py
index 47f6a576..872966c2 100644
--- a/tests/test_base_test_case.py
+++ b/tests/test_base_test_case.py
@@ -1,3 +1,5 @@
+from __future__ import annotations
+
 import unittest
 
 from tests.base_test_case import BaseTestCase
@@ -41,6 +43,26 @@ def test_assertAlmostEqualWithinPercentage_bad_arguments(self):
                 'self.assertListAlmostEqual([1, 2, 3], [1.1, 2.2, 3.3], msg=None, percent=10.5)',
             )
 
+    def test_assertHasLogRecordWithMessage(self):
+        class _Message:
+            def __init__(self, msg: str):
+                self.message = msg
+
+        class _Logs:
+            def __init__(self, records: list[str]):
+                self.records: list[_Message] = [_Message(record) for record in records]
+
+        logs = _Logs(
+            [
+                'Parameter given (0.0) for Property Tax Rate is the same as the default value. Consider removing Property '
+                'Tax Rate from the input file unless you wish to change it from the default value of (0.0)',
+                'Construction CAPEX Schedule length (2) did not match construction years (4). It has been adjusted to: '
+                '[0.25, 0.25, 0.25, 0.25]',
+                "complete <class 'geophires_x.Economics.Economics'>: read_parameters",
+            ]
+        )
+        self.assertHasLogRecordWithMessage(logs, 'has been adjusted to', treat_substring_match_as_match=True)
+
 
 if __name__ == '__main__':
     unittest.main()
diff --git a/tests/test_geophires_x.py b/tests/test_geophires_x.py
index 65c4ed1b..868bb060 100644
--- a/tests/test_geophires_x.py
+++ b/tests/test_geophires_x.py
@@ -198,7 +198,13 @@ def get_output_file_for_example(example_file: str):
             example_files.remove(ef)
             example_files.append(ef)
 
-        assert len(example_files) > 0  # test integrity check - no files means something is misconfigured
+        # Test integrity check - no files means something is misconfigured
+        assert len(example_files) > 0, 'Test integrity check failed: example files is misconfigured.'
+        if self._is_github_actions():
+            # Additional integrity check to catch when temporary local overrides to example file list are accidentally
+            # checked in.
+            assert len(example_files) > 10, 'Test integrity check failed: list of example files is too small.'
+
         regenerate_cmds = []
         for example_file_path in example_files:
             with self.subTest(msg=example_file_path):
@@ -1312,62 +1318,82 @@ def test_royalty_rate(self):
 
         zero_royalty_npv = None
         for royalty_rate in [0, 0.1]:
-            result = GeophiresXClient().get_geophires_result(
-                ImmutableGeophiresInputParameters(
-                    from_file_path=self._get_test_file_path(
-                        'geophires_x_tests/generic-egs-case-2_sam-single-owner-ppa.txt'
-                    ),
-                    params={
-                        'Royalty Rate': royalty_rate,
-                    },
-                )
-            )
-            opex_result = result.result['OPERATING AND MAINTENANCE COSTS (M$/yr)']
+            with self.subTest(msg=f'royalty_rate={royalty_rate}'):
+
+                def _get_result(
+                    _royalty_rate: float, additional_params: dict[str, Any] | None = None
+                ) -> GeophiresXResult:
+                    if additional_params is None:
+                        additional_params = {}
+                    return GeophiresXClient().get_geophires_result(
+                        ImmutableGeophiresInputParameters(
+                            from_file_path=self._get_test_file_path(
+                                'geophires_x_tests/generic-egs-case-2_sam-single-owner-ppa.txt'
+                            ),
+                            params={'Royalty Rate': _royalty_rate, **additional_params},
+                        )
+                    )
 
-            self.assertIsNotNone(opex_result[royalties_output_name])
-            self.assertEqual('MUSD/yr', opex_result[royalties_output_name]['unit'])
+                result = _get_result(royalty_rate)
+                opex_result = result.result['OPERATING AND MAINTENANCE COSTS (M$/yr)']
 
-            total_opex_MUSD = opex_result['Total operating and maintenance costs']['value']
+                self.assertIsNotNone(opex_result[royalties_output_name])
+                self.assertEqual('MUSD/yr', opex_result[royalties_output_name]['unit'])
 
-            opex_line_item_sum = 0
-            for line_item_names in [
-                'Wellfield maintenance costs',
-                'Power plant maintenance costs',
-                'Water costs',
-                royalties_output_name,
-            ]:
-                opex_line_item_sum += opex_result[line_item_names]['value']
+                total_opex_MUSD = opex_result['Total operating and maintenance costs']['value']
 
-            self.assertEqual(opex_line_item_sum, total_opex_MUSD)
+                opex_line_item_sum = 0
+                for line_item_names in [
+                    'Wellfield maintenance costs',
+                    'Power plant maintenance costs',
+                    'Water costs',
+                    royalties_output_name,
+                ]:
+                    opex_line_item_sum += opex_result[line_item_names]['value']
 
-            econ_result = result.result['EXTENDED ECONOMICS']
-            royalty_holder_npv_MUSD = econ_result['Royalty Holder NPV']['value']
+                self.assertEqual(opex_line_item_sum, total_opex_MUSD)
 
-            if royalty_rate > 0.0:
-                self.assertEqual(58.88, opex_result[royalties_output_name]['value'])
-                self.assertGreater(royalty_holder_npv_MUSD, 0)
+                def _royalty_holder_npv_MUSD(r: GeophiresXResult) -> float:
+                    econ_result = r.result['EXTENDED ECONOMICS']
+                    return econ_result['Royalty Holder NPV']['value']
 
-                # Owner NPV is lower when royalty rate is non-zero
-                self.assertGreater(zero_royalty_npv, result.result['ECONOMIC PARAMETERS']['Project NPV']['value'])
+                # econ_result = result.result['EXTENDED ECONOMICS']
+                royalty_holder_npv_MUSD = _royalty_holder_npv_MUSD(
+                    result
+                )  #  econ_result['Royalty Holder NPV']['value']
 
-                royalties_cash_flow_MUSD = [
-                    it * 1e-6
-                    for it in _cash_flow_profile_row(
-                        result.result['SAM CASH FLOW PROFILE'], 'O&M production-based expense ($)'
+                if royalty_rate > 0.0:
+                    self.assertEqual(58.88, opex_result[royalties_output_name]['value'])
+                    self.assertGreater(royalty_holder_npv_MUSD, 0)
+
+                    # Owner NPV is lower when royalty rate is non-zero
+                    self.assertGreater(zero_royalty_npv, result.result['ECONOMIC PARAMETERS']['Project NPV']['value'])
+
+                    royalties_cash_flow_MUSD = [
+                        it * 1e-6
+                        for it in _cash_flow_profile_row(
+                            result.result['SAM CASH FLOW PROFILE'], 'O&M production-based expense ($)'
+                        )
+                    ]
+
+                    self.assertAlmostEqual(
+                        np.average(royalties_cash_flow_MUSD[1:]), opex_result[royalties_output_name]['value'], places=1
                     )
-                ]
 
-                self.assertAlmostEqual(
-                    np.average(royalties_cash_flow_MUSD[1:]), opex_result[royalties_output_name]['value'], places=1
-                )
+                    if royalty_rate == 0.1:
+                        base_expected_royalty_holder_npv_MUSD = 708.07
+                        self.assertAlmostEqual(base_expected_royalty_holder_npv_MUSD, royalty_holder_npv_MUSD, places=2)
 
-                if royalty_rate == 0.1:
-                    self.assertAlmostEqual(708.07, royalty_holder_npv_MUSD, places=2)
+                        result_multiple_construction_years = _get_result(
+                            royalty_rate, additional_params={'Construction Years': 5}
+                        )
+                        mcy_royalty_npv = _royalty_holder_npv_MUSD(result_multiple_construction_years)
+                        self.assertLess(mcy_royalty_npv, base_expected_royalty_holder_npv_MUSD)
 
-            if royalty_rate == 0.0:
-                self.assertEqual(0, opex_result[royalties_output_name]['value'])
-                self.assertEqual(0, royalty_holder_npv_MUSD)
-                zero_royalty_npv = result.result['ECONOMIC PARAMETERS']['Project NPV']['value']
+                if royalty_rate == 0.0:
+                    self.assertEqual(0, opex_result[royalties_output_name]['value'])
+                    self.assertEqual(0, royalty_holder_npv_MUSD)
+                    zero_royalty_npv = result.result['ECONOMIC PARAMETERS']['Project NPV']['value']
 
     def test_royalty_rate_escalation(self):
         royalties_output_name = 'Average Annual Royalty Cost'
@@ -1376,59 +1402,61 @@ def test_royalty_rate_escalation(self):
         escalation_rate = 0.01
 
         for max_rate in [0.08, 1.0]:
-            result = GeophiresXClient().get_geophires_result(
-                ImmutableGeophiresInputParameters(
-                    from_file_path=self._get_test_file_path(
-                        'geophires_x_tests/generic-egs-case-2_sam-single-owner-ppa.txt'
-                    ),
-                    params={
-                        'Royalty Rate': base_royalty_rate,
-                        'Royalty Rate Escalation': escalation_rate,
-                        'Royalty Rate Maximum': max_rate,
-                    },
+            with self.subTest(msg=f'max_rate={max_rate}'):
+                result = GeophiresXClient().get_geophires_result(
+                    ImmutableGeophiresInputParameters(
+                        from_file_path=self._get_test_file_path(
+                            'geophires_x_tests/generic-egs-case-2_sam-single-owner-ppa.txt'
+                        ),
+                        params={
+                            'Royalty Rate': base_royalty_rate,
+                            'Royalty Rate Escalation': escalation_rate,
+                            'Royalty Rate Maximum': max_rate,
+                        },
+                    )
                 )
-            )
-            opex_result = result.result['OPERATING AND MAINTENANCE COSTS (M$/yr)']
+                opex_result = result.result['OPERATING AND MAINTENANCE COSTS (M$/yr)']
 
-            self.assertIsNotNone(opex_result[royalties_output_name])
-            self.assertEqual('MUSD/yr', opex_result[royalties_output_name]['unit'])
+                self.assertIsNotNone(opex_result[royalties_output_name])
+                self.assertEqual('MUSD/yr', opex_result[royalties_output_name]['unit'])
 
-            total_opex_MUSD = opex_result['Total operating and maintenance costs']['value']
+                total_opex_MUSD = opex_result['Total operating and maintenance costs']['value']
 
-            opex_line_item_sum = 0
-            for line_item_names in [
-                'Wellfield maintenance costs',
-                'Power plant maintenance costs',
-                'Water costs',
-                royalties_output_name,
-            ]:
-                opex_line_item_sum += opex_result[line_item_names]['value']
+                opex_line_item_sum = 0
+                for line_item_names in [
+                    'Wellfield maintenance costs',
+                    'Power plant maintenance costs',
+                    'Water costs',
+                    royalties_output_name,
+                ]:
+                    opex_line_item_sum += opex_result[line_item_names]['value']
 
-            self.assertAlmostEqual(opex_line_item_sum, total_opex_MUSD, places=4)
+                self.assertAlmostEqual(opex_line_item_sum, total_opex_MUSD, places=4)
 
-            project_lifetime_yrs = result.result['ECONOMIC PARAMETERS']['Project lifetime']['value']
+                project_lifetime_yrs = result.result['ECONOMIC PARAMETERS']['Project lifetime']['value']
 
-            royalties_cash_flow_MUSD = [
-                it * 1e-6
-                for it in _cash_flow_profile_row(
-                    result.result['SAM CASH FLOW PROFILE'], 'O&M production-based expense ($)'
-                )
-            ][1:]
+                royalties_cash_flow_MUSD = [
+                    it * 1e-6
+                    for it in _cash_flow_profile_row(
+                        result.result['SAM CASH FLOW PROFILE'], 'O&M production-based expense ($)'
+                    )
+                ][1:]
 
-            ppa_revenue_MUSD = [
-                it * 1e-6 for it in _cash_flow_profile_row(result.result['SAM CASH FLOW PROFILE'], 'PPA revenue ($)')
-            ][1:]
+                ppa_revenue_MUSD = [
+                    it * 1e-6
+                    for it in _cash_flow_profile_row(result.result['SAM CASH FLOW PROFILE'], 'PPA revenue ($)')
+                ][1:]
 
-            actual_royalty_rate = [None] * len(ppa_revenue_MUSD)
-            for i in range(len(ppa_revenue_MUSD)):
-                actual_royalty_rate[i] = royalties_cash_flow_MUSD[i] / ppa_revenue_MUSD[i]
+                actual_royalty_rate = [None] * len(ppa_revenue_MUSD)
+                for i in range(len(ppa_revenue_MUSD)):
+                    actual_royalty_rate[i] = royalties_cash_flow_MUSD[i] / ppa_revenue_MUSD[i]
 
-            max_expected_rate = (
-                max_rate if max_rate < 1.0 else base_royalty_rate + escalation_rate * (project_lifetime_yrs - 1)
-            )
+                max_expected_rate = (
+                    max_rate if max_rate < 1.0 else base_royalty_rate + escalation_rate * (project_lifetime_yrs - 1)
+                )
 
-            expected_last_year_revenue = ppa_revenue_MUSD[-1] * max_expected_rate
-            self.assertAlmostEqual(expected_last_year_revenue, royalties_cash_flow_MUSD[-1], places=3)
+                expected_last_year_revenue = ppa_revenue_MUSD[-1] * max_expected_rate
+                self.assertAlmostEqual(expected_last_year_revenue, royalties_cash_flow_MUSD[-1], places=3)
 
     def test_royalty_rate_with_addon(self):
         """
@@ -1469,4 +1497,4 @@ def test_royalty_rate_not_supported_for_non_sam_economic_models(self):
                 )
             )
 
-        self.assertIn('Royalties are only supported for SAM Economic Models', str(re.exception))
+        self.assertIn('Royalty Rate is only supported for SAM Economic Models', str(re.exception))