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PROJECTED COSTS <br />Because the lease to own option costs more for the same amount of energy <br />from Xcel, there would be an increase to pay for utilities during the 15 year <br />lease period. The payback period would be 18 years, meaning that all energy <br />provided beginning in year 19 would be a benefit to the City. <br />Type Current Cost Anticipated Additional <br />Cost Year 1 <br />Xcel Energy $.09 - <br />Lease to Own $.124 $8,160