An economic development corridor is being developed wherein the increase in electricity consumption will need to meet the demand for 173,500 people with an anticipated annual consumption of 9.36 MWhr per person. For each technology, calculate the levelized cost of electricity Input Values Natural Gas Percent of Total Generation 63 Fixed O&M ($/kW/yr) 14.76 Variable O&M ($/MWhr) 2.67 Cost (per kW) 1,201 Capacity Factor 0.685 Heat Rate (Btu/kWhr) 8,235 Interest Rate 3.75 Payback Period 25 ROI % 3.8 ROI as % of Annualized Capital Costs plus Fixed O&M Answers to a. NaturalGas:$0.01817/kWhr