HomeMy WebLinkAboutEek, Kaltag, Shungnak, Grayling, & Lower Kalsag PCE Economic Analysis Summary Sheet 1990PCE ECONOMIC ANALYSIS SUMMARY SHEET
Village: AVEC: Eek, Kaltag, Shungnak, Grayling, Lower Kalsag
Analysis Date: 6/4/90
Summary:
AVEC provided data to the Energy Authority regarding proposed
generating efficiency improvement projects in the above five
referenced communities. This information included the
estimated project cost and fuel efficiency improvement for
each proposed project, in addition to other data (see
attachment A).
Verification of the accuracy or methodology of this data was
not performed, other than to verify the quantity of fuel
saved for each proposed project*.
The attached PCE rate analysis for these five communities
compares the impact on the PCE program for three different
funding scenario’s:
1) The project is implemented using 100% grant funds.
2) The project is implemented using both grant funds
and AVEC funds (the difference between the
estimated project cost and the 10 year PCE savings
realized by the project is funded by AVEC.)
3) The project is implemented using only AVEC funds.
Each scenario compares the calculated reduction in PCE rate
realized by implementing the project with AVEC’s current PCE
rate.
The results of these analyses are as follows:
Eek: New Gen-Set
Project Cost: $84,000 Partial Grant Scenario: N/A
Effy Improv: 3.5 kWh/gal
Fuel Saved: 15,790 gal Loan Scenario:
$ Fuel Saved: $15,739 Loan Amount: $84,000
10yr PCE Savings: $14,259
Grant Scenario Simple Payback: 58.9 Years
Grant Amount: $84,000
10yr PCE Savings: $92,354
Simple Payback: 9.10 Yr
Kaltag: New Gen-Set
Project Cost:
Effy Improv:
Fuel Saved:
$ Fuel Saved:
Grant Scenario:
Grant Amount:
10yr PCE Savings:
Simple Payback:
Shungnak: New Gen-Set
Project Cost:
Effy Improv:
Fuel Saved:
$ Fuel Saved:
Grant Scenario:
Grant Amount:
10yr PCE Savings:
Simple Payback:
Grayling: New Gen-Set
Project Cost:
Effy Improv:
Fuel Saved:
$ Fuel Saved:
Grant Scenario:
Grant Amount:
10yr PCE Savings:
Simple Payback:
Lower Kalsag:
Project Cost:
Effy Improv:
Fuel Saved:
$ Fuel Saved:
Grant Scenario:
Grant Amount:
10yr PCE Savings:
Simple Payback:
* Note:
$61,907
2.0 kWh/gal
8,283 gal $8,431
$61,907 $49,471 12.51 Yr
$110,000
1.0 kWh/gal
7,108 gal
$11,855
$110,000 $69,560 15.81 Yr
$77,589
1.6 kWh/gal
6,724 gal
$6,448
$77,589 $37,835 20.51 Yr
New Gen-Set
$85,200
1.1 kWh/gal
8,234 gal
$8,266
$85,200 $48,506 17.56 Yr
Partial Grant Scenario:
Grant Amount: $49,471
10yr PCE Savings: $37,909
Simple Payback: 13.05 Yr
Loan Scenario:
Loan Amount: $61,907
10yr PCE Savings: ($8,084)
Simple Payback: N/A
Partial Grant Scenario:
Grant Amount: $69,560
10yr PCE Savings: $31,964
Simple Payback: 21.76 Yr
Loan Scenario:
Loan Amount: $110,000
10yr PCE Savings: ($32,706)
Simple Payback: N/A
Partial Grant Scenario:
Grant Amount: $37,835
10yr PCE Savings: $876
Simple Payback: 431.9 Yr
Loan Scenario:
Loan Amount: $77,589
10yr PCE Savings: ($34,299)
Simple Payback: N/A
Partial Grant Scenario:
Grant Amount: $48,506 10yr PCE Savings: $14,392
Simple Payback: 33.7 Yr
Loan Scenario:
Loan Amount: $85,200
10yr PCE Savings: ($30,704)
Simple Payback: N/A
Line losses for Grayling and Lower Kalsag are unusually high,
18.7% and 18.1%, respectively. Line losses for Kaltag are less
than one percent. Clarification of these line losses may impact the results of the analysis.
/ss
attachments
cc: Brent Petrie
Dick Emerman
Gary Smith
Dave Denig-Chakroff
Sue White
Marcey Rawitscher
ATTACHMENT A
Location: Ste
Purpose: ‘Improve Generating Efficiency ¥ Methodology: Install Higher Efficiency Diesel Engine and Generator. oY oe Projected Improvement: Increase Generating Efficiency from 8.8 KWHr/Gal to 12.3 ~ KWHr/Gal 7m
Projected Savings: Decrease Annual Fuel Requirement by 15000 Gallons ”
1989 Delivered Fuel Cost: $.9968/Gal Y
Estimated Cost: $84,000 ¥
Project Description: Purchase, Transport and Install a New, Higher Efficiency Y . Diesel Electric Generator Set in Position #2 in the Eek a \ ny Power Plant \ Lb Pree
\ 0 Hesstite: Kaltag
~~ Purpose: Improve Generating Efficiency
Methodology: Install Higher Efficiency Diesel Engine Oe
Projected Improvement: Increase Generating Efficiency from 10.60. KWHr/Ga’ to ,0~ A
12.60 KWHr/Gal
Projected Savings: Decrease Annual Fuel Requirements by 9000 Gallons Y 1989 Delivered Fuel Cost: $1.0179/GalY’
Estimated Cost: $61,907 v
Project Description: Purchase, Transport and Install a New Higher Efficiency
Diesel Engine and Skid in Position #1 in the Kaltag Power
Plant
Location: /[Shungnak} Purpose: ‘Improve Generating Efficiency
Methodology: Install Higher Efficiency Diesel Engine and Generator
Projected Improvements: Increase Generating Efficiency from 10.9 KWHr/Gal to 11.9 219%
KWHr/Gal a Projected Savings: Decrease Annual Fuel Requirement by 7000 Gallons” 1989 Delivered Fuel Cost: $1.6677/Gal
Estimated Cost: $110,000
Project Description: Purchase, Transport and Install a New, Higher Efficiency
Diesel Electric Generator Set in Position #5 in the qn ty aden Shungnak Power Plant
“ Location: Grayling
Purpose: Improve Generating Efficiency
Methodology: Install Higher Efficiency Diesel Engine and Generator rm Projected Improvement: Increase Generating Efficiency from 10.6 KWHr/Gal to 12.2 + | ee KWHr/Gal a Projected Savings: Decrease annual Fuel Requirements by 6000 Gallons ¥ 1989 Delivered Fuel Cost: $.9589/Gal/ Estimated Cost: $77, 58
Project Description: Purchase, Transport and Install a New Higher Efficiency
Diesel Electric Generator Set in Position #2 in the
ayli P yer Grayling Power Plant
SO Crocation: Lower Kalskag
Purpose: Improve Generating Efficiency
Methodology: Install Higher Efficiency Diesel Engine
Projected Improvement: Increase Generating Efficiency from 10.50 KWHr/Gal to a | ee 11.60 KWHr/Gal r Projected Savings: Decrease Annual Fuel Requirement cag
7
1989 Delivered Fuel Cost: $1.004/Gal
Estimated Cost: $85,200
Project Description: Purchase, Transport and Install a New, Higher Efficiency
Diesel Engine and Skid in Position #3 in the Lower Kalskag Power Plant
EEK.XLS,6/4/90,
IAVEC_PCE RATE ANALYSIS WITH GRANT
Village: Eek
Elec. Sold Vill FY89 449,120 kwh* Elec. Sold AVEC FY89: 34,800,981 kWh* Capital Cost:
Fuel Effy FY89: 8.38 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 3.5 11.88 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal):
Fuel Price: 0.9968 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($): $15,739
Grant Amount:
10 Year PCE Savings: $92,354
(Based on 100% grant)
Simple Payback, years:
Grant Amount:
10 Year PCE Savings: $92,354
(Based on Partial grant)
Simple Payback, years: 9.10
CURRENT SCENARIO PARTIAL GRANT W/NON-FUEL INCREASE 100% GRANT,NO NON-FUEL INCREASE
Fuel Cost: $3,343,127 Fuel Cost: $3,327,388 Fuel Cost: $3,327,388 kWh Sold: 34,800,981 kWh Sold: 34,800,981 kWh Sold: 34,800,981 Non- fuel Cost: $6,851,984 Non- fuel Cost: $6,851,984 Non-fuel Cost: $6,851,984 kWh Sold: 26,115,237 kWh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25934 PCE Rate: $0.25934
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,574,536 PCE Total Costs: $5,574,536
PCE Annual Savings: PCE Annual Savings: $9,235 NOTES: (with partial grant) (with 100% grant)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and kWh Sold are from the latest AEA FY89 PCE DATA
Eligible kwh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT W/NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency & kwh sold from AEA FY89 PCE data,& $/gallon from AVEC
Non-fuel Cost is from APUC PCE filing + DEPRECIATION AND INTEREST ON THE DIFFERENCE BETWEEN THE CAPITAL COST AND GRANT kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% GRANT,NO NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing (DOES NOT INCLUDE ADDITIONAL DEPRECIATION & INTEREST) kWh Sold is from the AEA FY89 PCE data
Eligible kwh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT SCENARIO NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
INCREMENTAL Cost: $0 (Difference between 100% Grant and 10 Year PCE Savings)
Depreciation Term: 10 yrs Depreciation and Interest Expense $0 per year Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non- fuel Cost plus depreciation and interest expense: $6,851,984 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 1
EEK.XLS,6/4/90,
[ PCE RATE ANALYSIS WITH 100% LOAN TO AVEC AT 12% _]
Village: Eek
Elec. Sold Vill FY89 449,120 Kwh* Elec. Sold AVEC FY89: 34,800,981 kwh* Capital Cost: $84,000
Fuel Effy FY89: 8.38 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 3.5 11.88 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal):
Fuel Price: 0.9968 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($): $15,739
Grant Amount: $0
10 Year PCE Savings: $14,259
(Based on 100% Loan)
Simple Payback, years: N/A
CURRENT SCENARIO 100% LOAN TO AVEC AT 12%
Fuel Cost: $3,343,127 Fuel Cost: $3,327,388 kWh Sold: 34,800,981 kWh Sold: 34,800,981 Non- fuel Cost: $6,851,984 Non-fuel Cost: $6,861,971 kWh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25970
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,582,346
PCE Annual Savings: $1,426 NOTES: (with 100% Loan)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and Kwh Sold are from the AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% LOAN
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing PLUS ADDITIONAL DEPRECIATION & INTEREST kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
LOAN NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
CAPITAL Cost: $84,000
Depreciation Term: 10 yrs Depreciation and Interest Expense $13,309 per year Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense: $6,861,971 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 2
KALTAG.XLS,6/4/90, | VEC PCE RATE ANALYSIS WITH GRANT
Village: Kaltag
Elec. Sold Vill FY89 518,130 kwh* Elec. Sold AVEC FY89: 34,800,981 kwh* Capital Cost: Fuel Effy FY89: 10.23 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 2 12.23 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal):
Fuel Price: 1.0179 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($): $8,431
Grant Amount: $61,907
10 Year PCE Savings: $49,471 (Based on 100% grant)
Simple Payback, years: 12.51
Grant Amount: $49,471
10 Year PCE Savings: $37,909
(Based on Partial grant)
Simple Payback, years: 13.05
CURRENT SCENARIO PARTIAL GRANT W/NON-FUEL INCREASE 100% GRANT,NO NON-FUEL INCREASE
Fuel Cost: $3,343,127 Fuel Cost: $3,334,696 Fuel Cost: $3,334,696 kWh Sold: 34,800,981 kWh Sold: 34,800,981 kWh Sold: 34,800,981 Non- fuel Cost: $6,851,984 Non- fuel Cost: $6,853,463 Non- fuel Cost: $6,851,984 kWh Sold: 26,115,237 kwh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25959 PCE Rate: $0.25954
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,579,981 PCE Total Costs: $5,578,825
PCE Annual Savings: $3,791 PCE Annual Savings: $4,947 NOTES: (with partial grant) (with 100% grant)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and kWh Sold are from the latest AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT W/NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency & kwh sold from AEA FY89 PCE data,& $/gallon from AVEC
Non-fuel Cost is from APUC PCE filing + DEPRECIATION AND INTEREST ON THE DIFFERENCE BETWEEN THE CAPITAL COST AND GRANT kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% GRANT,NO NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing (DOES NOT INCLUDE ADDITIONAL DEPRECIATION & INTEREST) kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT SCENARIO NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
INCREMENTAL Cost: $12,436 (Difference between 100% Grant and 10 Year PCE Savings)
Depreciation Term: 10 yrs Depreciation and Interest Expense $1,970 per year
Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense: $6,853,463 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 1
KALTAG.XLS, 6/4/90,
[ PCE RATE ANALYSIS WITH 100% LOAN TO AVEC AT 12%
Village: Kaltag
Elec. Sold Vill FY89 518,130 Kwh* Elec. Sold AVEC FY89: 34,800,981 kWh* Capital Cost: $61,907
Fuel Effy FY89: 10.23 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 2 12.23 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal): 8,283
Fuel Price: 1.0179 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($): $8,431
Grant Amount:
10 Year PCE Savings:
(Based on 100% Loan)
Simple Payback
CURRENT SCENARIO 100% LOAN TO AVEC AT 12%
Fuel Cost: $3,343,127 Fuel Cost: $3,334,696
kWh Sold: 34,800,981 kWh Sold: 34,800,981
Non- fuel Cost: $6,851,984 Non- fuel Cost: $6,859,344
kWh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25980
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,584,580
PCE Annual Savings: ($808)
NOTES: (with 100% Loan)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and Kwh Sold are from the AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% LOAN
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing PLUS ADDITIONAL DEPRECIATION & INTEREST
kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
LOAN NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
CAPITAL Cost: $61,907
Depreciation Term: 10 yrs Depreciation and Interest Expense $9,809 per year
Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense: $6,859,344 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 2
SHUNGNAK.XLS,6/4/90,
Village:
Elec. Sold Vill FY89
Shungnak 752,347 kwh* Elec. Sold AVEC FY89:
Fuel Effy FY89:
New Effy: 1
Fuel Price:
9.8 kwh/gal* 10.8 kwh/gal** 1.6677 $/gal**
Fuel Effy FY89:
New Effy: 0
Fuel Price:
Grant Amount:
10 Year PCE Savings:
(Based on 100% grant)
Simple Payback, years:
Grant Amount:
10 Year PCE Savings:
(Based on Partial grant)
Simple Payback, years:
CURRENT SCENARIO PARTIAL GRANT W/NON-FUEL INCREASE
Fuel Cost: $3,343,127 Fuel Cost: $3,331,272
kWh Sold: 34,800,981 kWh Sold: 34,800,981
Non-fuel Cost: $6,851,984 Non- fuel Cost: $6,856,792 kWh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25962
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,580,575
PCE Annual Savings:
(with partial grant) NOTES:
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and kwh Sold are from the latest AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT W/NON-FUEL INCREASE
34,800,981 kwh*
10.6 kWh/gal*
10.6 kWh/gal
1.01828 $/gal***
Capital Cost: $110,000
Fuel Saved (Gal):
Fuel Saved ($):
7, 108| $11,855
100% GRANT,NO NON-FUEL INCREASE
Fuel Cost: $3,331,272
kWh Sold: 34,800,981
Non-fuel Cost: $6,851,984
kWh Sold: 26,115,237
PCE Rate: $0.25944
Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,576,816
PCE Annual Savings:
(with 100% grant)
Fuel Cost is based on NEW fuel efficiency & kWh sold from AEA FY89 PCE data,& $/gallon from AVEC
Non-fuel Cost is from APUC PCE filing + DEPRECIATION AND INTEREST ON THE DIFFERENCE BETWEEN THE CAPITAL COST AND GRANT kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% GRANT,NO NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kwh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing (DOES NOT INCLUDE ADDITIONAL DEPRECIATION & INTEREST) kWh Sold is from the AEA FY89 PCE data
Eligible kwh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT SCENARIO NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
INCREMENTAL Cost: $40,440 (Difference between 100% Grant and 10 Year PCE Savings)
Depreciation Term: 10 yrs Depreciation and Interest Expense $6,407 per year Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense:
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 1
$6,856,792 per year
SHUNGNAK.XLS,6/4/90,
[ PCE RATE ANALYSIS WITH 100% LOAN TO AVEC AT 12%
Village: Shungnak
Elec. Sold Vill FY89 752,347 Kwh* Elec. Sold AVEC FY89: 34,800,981 kwWh* Capital Cost: $110,000
Fuel Effy FY89: 9.8 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 1 10.8 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal): 7,108 Fuel Price: 1.6677 $/gal** Fuel Price: 1.01828 $/gal*** |Fuel Saved ($): $11,855
Grant Amount: $0
10 Year PCE Savings: ($32,706)
(Based on 100% Loan)
Simple Payback N/A
CURRENT SCENARIO 100% LOAN TO AVEC AT 12%
Fuel Cost: $3,343,127 Fuel Cost: $3,331,272 kWh Sold: 34,800,981 kWh Sold: 34,800,981
Non- fuel Cost: $6,851,984 Non- fuel Cost: $6,865,063 kwh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25992
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,587,042
PCE Annual Savings: ($3,271) NOTES: (with 100% Loan)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and Kwh Sold are from the AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% LOAN
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing PLUS ADDITIONAL DEPRECIATION & INTEREST
kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
LOAN NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
CAPITAL Cost: $110,000
Depreciation Term: 10 yrs Depreciation and Interest Expense $17,428 per year Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense: $6,865,063 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 2
GRAYLING.XLS,6/4/90,
JAVEC PCE RATE ANALYSIS WITH GRANT
Village: Grayling
Elec. Sold Vill FY89 375,006 kwh* Elec. Sold AVEC FY89: 34,800,981 kwh* Capital Cost: Fuel Effy FY89: 8.68 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 1.6 10.28 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal): 6,724 Fuel Price: 0.9589 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($): $6,448
Grant Amount:
10 Year PCE Savings: $37,835
(Based on 100% grant)
Simple Payback, years:
Grant Amount:
10 Year PCE Savings:
CURRENT SCENARIO PARTIAL GRANT W/NON-FUEL INCREASE 100% GRANT,NO NON-FUEL INCREASE
Fuel Cost: $3,343,127 Fuel Cost: $3,336,679 Fuel Cost: $3,336,679 kWh Sold: 34,800,981 kWh Sold: 34,800,981 kWh Sold: 34,800,981 Non-fuel Cost: $6,851,984 Non- fuel Cost: $6,856,711 Non- fuel Cost: $6,851,984 kWh Sold: 26,115,237 kWh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25976 PCE Rate: $0.25959
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,583,684 PCE Total Costs: $5,579,988
PCE Annual Savings: PCE Annual Savings: $3,784 NOTES: (with partial grant) (with 100% grant) CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and kWh Sold are from the latest AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT W/NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency & kWh sold from AEA FY89 PCE data,& $/gallon from AVEC Non-fuel Cost is from APUC PCE filing + DEPRECIATION AND INTEREST ON THE DIFFERENCE BETWEEN THE CAPITAL COST AND GRANT kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% GRANT,NO NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing (DOES NOT INCLUDE ADDITIONAL DEPRECIATION & INTEREST) kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT SCENARIO NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
INCREMENTAL Cost: $39,754 (Difference between 100% Grant and 10 Year PCE Savings)
Depreciation Term: 10 yrs Depreciation and Interest Expense $6,299 per year Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense: $6,856,711 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 1
GRAYLING.XLS,6/4/90,
Village: Grayling
Elec. Sold Vill FY89 375 ,006 Kwh* Fuel Effy FY89: 8.68 kWh/gal*
Elec. Sold AVEC FY89:
Fuel Effy FY89:
34,800,981
10.6 kWh/gal*
kWh* Capital Cost:
New Effy: 1.6 10.28 kWh/gal** New Effy: 0 10.6 kWh/gal Fuel Saved (Gal): 6,724
Fuel Price: 0.9589 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($): $6,448
Grant Amount: $0
10 Year PCE Savings: ($34,299)
(Based on 100% Loan)
Simple Payback
CURRENT SCENARIO 100% LOAN TO AVEC AT 12%
Fuel Cost: $3,343,127 Fuel Cost: $3,336,679
kWh Sold: 34,800,981 kWh Sold: 34,800,981
Non-fuel Cost: $6,851,984 Non- fuel Cost: $6,861,209
kwh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25993
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,587,202
PCE Annual Savings: ($3,430)
NOTES: (with 100% Loan)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and Kwh Sold are from the AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% LOAN
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing PLUS ADDITIONAL DEPRECIATION & INTEREST
kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
LOAN NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
CAPITAL Cost: $77,589
Depreciation Term: 10
Interest Rate: 12.00%
Real Interest Rate: 7.18%
Inflation Rate: 4.50%
yrs
1.072
Depreciation and Interest Expense
Non-fuel Cost plus depreciation and interest expense:
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Fi
ling
Page 2
$12,293 per year
$6,861,209 per year
LOWKALSG.XLS,6/4/90,
Village: Lower Kalsag
Elec. Sold Vill FY89 556,491 kWh* Elec. Sold AVEC FY89: 34,800,981 kwh* Capital Cost:
Fuel Effy FY89: 8.09 kWh/gal* Fuel Effy FY89: 10.6 kWh/gal*
New Effy: 1.1 9.19 kWh/gal** New Effy: 10.6 kwWh/gal Fuel Saved (Gal):
Fuel Price: 1.004 $/gal** Fuel Price: 1.01828 $/gal*** Fuel Saved ($):
Grant Amount:
10 Year PCE Savings:
(Based on 100% grant)
Simple Payback, years:
Grant Amount:
10 Year PCE Savings:
(Based on Partial grant)
CURRENT SCENARIO PARTIAL GRANT W/NON-FUEL INCREASE 100% GRANT,NO NON-FUEL INCREASE
Fuel Cost: $3,343,127 Fuel Cost: $3,334,860 Fuel Cost: $3,334,860
kWh Sold: 34,800,981 kWh Sold: 34,800,981 kWh Sold: 34,800,981
Non-fuel Cost: $6,851,984 Non- fuel Cost: $6,856,347 Non- fuel Cost: $6,851,984
kWh Sold: 26,115,237 kWh Sold: 26,115,237 kWh Sold: 26,115,237
PCE Rate: $0.25977 PCE Rate: $0.25970 PCE Rate: $0.25954
Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772 PCE Total Costs: $5,582,332 PCE Total Costs: $5,578,921
PCE Annual Savings: $1,439 PCE Annual Savings:
NOTES: (with partial grant) (with 100% grant)
CURRENT SCENARIO
Fuel Cost, Non-fuel Cost, and kWh Sold are from the latest AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT W/NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency & kwh sold from AEA FY89 PCE data,& $/gallon from AVEC
Non-fuel Cost is from APUC PCE filing + DEPRECIATION AND INTEREST ON THE DIFFERENCE BETWEEN THE CAPITAL COST AND GRANT
kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
100% GRANT,NO NON-FUEL INCREASE
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing (DOES NOT INCLUDE ADDITIONAL DEPRECIATION & INTEREST)
kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE DATA
PARTIAL GRANT SCENARIO NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
INCREMENTAL Cost: $36,694 (Difference between 100% Grant and 10 Year PCE Savings)
Depreciation Term: 10 yrs Depreciation and Interest Expense $5,814 per year
Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
Non-fuel Cost plus depreciation and interest expense: $6,856,347 per year
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 1
LOWKALSG.XLS,6/4/90,
PCE RATE ANALYSIS WITH 100% LOAN TO AVEC AT 12%
Village: Lower Kalsag
Elec. Sold Vill FY89 556,491 Kwh*
Fuel Effy FY89: 8.09 kWh/gal*
Elec. Sold AVEC FY89:
Fuel Effy FY89:
New Effy: 0
Fuel Price:
34,800,981 kwh* Capital Cost:
10.6 kWh/gal*
10.6 kWh/gal
1.01828 $/gal***
Fuel Saved (Gal):
Fuel Saved ($): $8,266
New Effy: 1.1 9.19 kWh/gal**
Fuel Price: 1.004 $/gal**
CURRENT SCENARIO
Fuel Cost: $3,343,127
kWh Sold: 34,800,981
Non- fuel Cost: $6,851,984
kwh Sold: 26,115,237
PCE Rate: $0.25977
Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,583,772
NOTES:
CURRENT SCENARIO
Grant Amount:
10 Year PCE Savings:
$0
($30,704)
100% LOAN TO AVEC AT 12%
Fuel Cost: $3,334,860
kWh Sold: 34,800,981
Non- fuel Cost: $6,862,114
kWh Sold: 26,115,237
PCE Rate: $0.25991
Elig. Kwh Sold: 21,495,296
PCE Total Costs: $5,586,842
PCE Annual Savings: ($3,070)
(with 100% Loan)
Fuel Cost, Non-fuel Cost, and Kwh Sold are from the AEA FY89 PCE DATA
Eligible kWh Sold is from the AEA FY89 PCE
100% LOAN
DATA
Fuel Cost is based on NEW fuel efficiency, AEA FY89 PCE kWh sold, & $/gallon from AVEC
Non-fuel Cost is from the latest APUC PCE rate filing PLUS ADDITIONAL DEPRECIATION & INTEREST
kWh Sold is from the AEA FY89 PCE data
Eligible kWh Sold is from the AEA FY89 PCE
LOAN NON-FUEL COSTS
Non-Fuel Cost: $6,851,984
CAPITAL Cost: $85,200
Depreciation Term: 10 yrs
Interest Rate: 12.00%
Real Interest Rate: 7.18% 1.072
Inflation Rate: 4.50%
DATA
Depreciation and Interest Expense
Non-fuel Cost plus depreciation and interest expense:
* From FY89 AEA PCE Data
** From AVEC
*** From Latest APUC PCE Rate Filing
Page 2
$13,499 per year
$6,862,114 per year