2 A new 300 MW wind farm costs $600 M to build (development costs, turbines, etc ) and is expected to produce 2 million MWh of electricity each year The firm receives $30 MWh for its electricity and $35 MWh for its REC under a 20 year contract The firm also receives a Production Tax Credit equal to $22 MWh but only for the first 10 years The operations and maintenance expense of the wind farm is $18 M per year and is expected to rise 2 5 per year If it costs the firm 10 interest to borrow the funds to build the wind farm and they use all the net proceeds (total revenue minus O M) to pay down debt, during what year can all the debt be paid off If the interest rate drops to 6 , during what year can all the debt be paid off If the production tax credit were eliminated but the price of electricity rises to $60 MWh due to the clean power plan, during what year can all the debt be paid off

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2  A new 300 MW wind farm costs $600 M to build (development costs, turbines, etc ) and is expected to produce 2 million MWh of electricity each year  The firm receives $30 MWh for its electricity and $35 MWh for its REC under a 20 year contract  The firm also receives a Production Tax Credit equal to $22 MWh but only for the first 10 years  The operations and maintenance expense of the wind farm is $18 M per year and is expected to rise 2 5  per year  If it costs the firm 10  interest to borrow the funds to build the wind farm and they use all the net proceeds (total revenue minus O M) to pay down debt, during what year can all the debt be paid off  If the interest rate drops to 6 , during what year can all the debt be paid off  If the production tax credit were eliminated but the price of electricity rises to $60 MWh due to the clean power plan, during what year can all the debt be paid off

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2. A new 300 MW wind farm costs $600 M to build (development costs, turbines, etc.) and is expected to produce 2 million MWh of

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