Summary of All Costs and Benefits
All costs and benefits are summarized in Table 7. Overall for Canada the quantifiable incremental (additional) cost of implementing the regulated phase-out is $126.7 million (best estimate, present value). The overall quantifiable incremental benefit of implementing the regulated phase is $99.9 million (best estimate, present value). The net incremental cost/benefit to Canada is a cost of $26.8 million (best estimate, present value).
Type of Expense | Category of PCBs | Incremental Cost or Benefit($millions Present Value) | ||
---|---|---|---|---|
Best Estimate | Low Estimate | High Estimate | ||
All costs | In-Service, Excluding Sensitive Locations | -$108.68 | -$81.54 | -$135.82 |
In-Service in Sensitive Locations | -$7.51 | -$5.66 | -$9.36 | |
In Storage | -$10.54 | -$7.90 | -$13.18 | |
Sub-total | -$ 126.7 | -$ 95.1 | -$ 158.4 | |
All benefits | In-Service, Excluding Sensitive Locations | $59.8 | $44.9 | $74.7 |
In-Service in Sensitive Locations | $3.6 | $2.7 | $4.5 | |
In Storage | $36.5 | $27.4 | $45.6 | |
Sub-total | $ 99.9 | $75.0 | $124.8 | |
Total Cost-Benefit Due to Regulated Phase-Out of In-Service PCBs, Excluding Sensitive Locations | -$48.9 | -$36.6 | -$61.1 | |
Total Cost-Benefit Due to Regulated Phase-Out of In-Service PCBs in Sensitive Locations | -$3.9 | -$3.0 | -$4.9 | |
Total Cost-Benefit Due to Regulated Phase-Out of In Storage PCBs | $26.0 | $19.5 | $32.4 | |
Total Cost-Benefit | -$26.8 | -$20.1 | -$33.6 |
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