SPS Feasability Study SD76SA0239-2

Finally, the quantitative data used in the ground rules for the assessments were as follows: • All cost factors related to $850.0 B investment—not to estimated revenues • Cost factors for 16% annual costs plus profit (exceeding depreciation and amortization): • Interim replacement costs • Interest costs on investments • Federal income taxes • After-tax earnings on investments Results of the preliminary economic/financial findings based on the SPS capital cost/life cycle cost estimates are briefly discussed below.