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Is the discount rate used only to find the Net Present Value (“NPV”) or does it also affect payments to successful Proponents?

April 26, 2017affect discount rate NET PAYMENTS PRESENT proponents successful Used value

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Is the discount rate used only to find the Net Present Value (“NPV”) or does it also affect payments to successful Proponents?

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The discount rate is only used in the formula to calculate the factor used to determine the NPV. The payment to a successful Proponent is the price of the SREC submitted in the Pricing Proposal.