GHG emission reduction projections are inherently forward-looking statements. They involve risks and uncertainties that could cause actual results to differ materially from those contemplated. SDTC believes it has a reasonable basis for making such forward-looking statements by: Requiring every applicant to estimate future GHG emission reductions using a prescribed methodology based on accepted ISO and IPCC practices; Reviewing the reasonableness of projected GHG emissions reductions reported by applicants and, as new information is reported, adjusting projections and excluding projects on hold; and Applying a discount rate of between 80% and 93.5% to account for the technology GHG intensity performance and the likelihood to meet sales projections.

Similar to GHG, estimated avoided costs have been discounted by a maximum 93.5% to account for market entry and uptake risk.

The expected in-service period for technologies that address clean air, soil and water is between 10-40 years, leading to a reporting period of 2025.