
Nicholas Fulford
55:29 - 56:39
"Really relatively quickly, we ramp up to about a $600 million tax requirement. And as you look at these slides, the way I like to look at it always is in the effect that this has on delivered gas, because ultimately that's the kind of competitive framework you're looking at."
“Really relatively quickly, we ramp up to about a $600 million tax requirement. And as you look at these slides, the way I like to look at it always is in the effect that this has on delivered gas, because ultimately that's the kind of competitive framework you're looking at.”
So this next couple of slides, these numbers on here are courtesy of the model hosted by Department of Revenue. And what I think is helpful to show is really the the order of magnitude of the— and this is version T, which came through resources. But— and the AVT, I should say, the local AVT here is a combination of both the strict volumetric tax and the locally imposed property taxes. But I think, again, coming back to my comments about the first 10 years, you can see that Really relatively quickly, we ramp up to about a $600 million tax requirement. And as you look at these slides, the way I like to look at it always is in the effect that this has on delivered gas, because ultimately that's the kind of competitive framework you're looking at.