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$1,092,500 was to be received by Sav-Fuel in 1980 and $287,500
was to be received in 1981.
2. Annual Energy Bill of CEF
The PPM assumed that Gould consumed 11,011,620 kilowatt
hours of electricity and 20,664 units of kilowatt demand at a
total cost of $565,761 for the 12-month period August 1979
through July 1980. These figures are important for purposes of
determining the projected annual income of Sav-Fuel on the basis
of the amount of annual energy savings by Gould. Neither party
has disputed these assumptions and, applying these assumptions,
both parties’ experts arrived at approximately the same amount of
projected income for the period 1980 through 2005.
3. Useful Life of the EMS
The economic projections in the PPM assume a useful life of
25 years. Respondent assumes arguendo that the EMS had a useful
life of 25 years. Petitioner contends that the EMS had a useful
life exceeding 30 years and submitted different projections using
a useful life of 26 to 30 years.
Petitioner relies on the report and testimony of Michael
Jinnette (Mr. Jinnette) for purposes of establishing the useful
life of the EMS. Mr. Jinnette earned a bachelor of education
degree from Colorado State University in 1973 and took some
computer science courses while attending the university. After
graduation, Mr. Jinnette taught vocational electronics and
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