Question: Consider a wind energy project that produces 4 9 9 G W h y r and is able to sell this at a cost of

Consider a wind energy project that produces 499GWhyr and is able to sell this at a cost
of $0.13kWh. The project will also receive income in this year from the PTC, at a value of
$0.025kWh. The annual operating expenses come out to be $0.013kWh plus a fixed
amount of $188 thousand. The project is able to depreciate 11.52% of its total installed cost
(which was $369 million) in this year, and it can write off the interest paid on the loan, which
has a value of $15.4 million this year. The principal paid on debt is $19.8 million and the tax
rate for the company which owns the project is 35%. What is the total taxable income (TI) in
millions of dollars? Round answer to two decimal places (answer may be negative).
 Consider a wind energy project that produces 499GWhyr and is able

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