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HomeMy WebLinkAboutPCE Economic Analysis 1990SHUNGNOW.XLS,5/22/90, PCE ECONOMIC ANALYSIS Village: Shungnak Construction Cost: $110,000 Elec. Sold Vill FY89 752347 Kwh* Elec. Sold AVEC FY89: 34800981 Kwh* Net Benefit: $132,511 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 PV Current Scenario: ($141,389) Fuel Price: 1.6677 $/gal** Fuel Price: 1.01828 $/gal** PV PCE Scenario: ($8,878) Fuel Price Increase: 0.00% Fuel Price Increase: 0.00% Discount Rate: 3.00% Discount Rate: 3.00% Max Construction Cost $242,511 CURRENT SCENARIO GRANT SCENARIO Year Fuel Capital ‘O&M Fuel Fuel ($) ($ saved) |(gal_saved)| ($ saved) ($) ($ saved) | gal_saved | ($ saved) Investment Year: $0 0 ($110,000) $0 Savings: $0 0 $0 $11,855 bd ($150,000) 0 $0 $11,855 "“ $0 0 $0 $11,855 " $0 0 $0 $11,855 " $0 0 $0 $11,855 " $0 0 $0 $11,855 " $0 0 $0 $11,855 " $0 0 $0 $11,855 " 0 $0 $11,855 Savings: 0 $O $11,855 0 ($110, 000) $118,546 | ($110, 000) $101, 122 | NOTES: CURRENT SCENARIO Capital Cost is zero There are no fuel savings GRANT SCENARIO Capital Cost includes AVEC's estimated project cost of $110,000 Generating fuel efficiency is improved 1.0 Kwh/gal Fuel (gallons saved) is based on the generation efficiency improvement and Kwh sold in FY89 Fuel ($ Saved) is based on FY90 $/gallon and gallons of fuel saved O&M costs savings are not included Maximum Construction Cost is equal to the Construction Cost minus the Present Value Current Scenario plus the Present Value PCE Scenario * FY89 PCE data ** From AVEC Page 1 SHUNGNOW.XLS,5/22/90, PCE RATE ANALYSIS LATEST CURRENT GRANT SCENARIO Capital Cost: $110,000 |APUC/PCE SCENARIO | PCE ($) | PCE ($) |CAPITAL(S) | PCE ($) | Simple Payback, years 6.32 Investment Year: ($110,000) Benefit Cost Ratio: 1.58 Savings: -5,594,221 “ -5,594,221 Maximum Cost for 10yr Payback: [$174,055 | " ~5,594,221 * -5,594,221 * -5,594,221 " -5,594,221 « ~5,594,221 " ~5,594,221 " -5,594,221 Savings: ~5,594,221 =55942211| ($110,000)| _-55768157 LATEST APUC/PCE DATA CURRENT SCENARIO, FY89 GRANT SCENARIO, FY89 Fuel Cost: $3,475,877 Fuel Cost: $3,343,127 Fuel Cost: $3,331,272 Kwh Sold: 35,708,463 Kwh Sold: 34,800,981 Kwh Sold: 34,800,981 Non- fuel Cost: $6,851,984 Non- fuel Cost: $6,865,347 Non- fuel Cost: $6,851,984 Kwh Sold: 26,115,237 Kwh Sold: 26,115,237 Kwh Sold: 26,115,237 PCE Rate: 0.2610 PCE Rate: 0.2603 PCE Rate: 0.2594 Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296 Elig. Kwh Sold: 21,495,296 PCE Total Costs: 5,609,834 PCE Total Costs: 5,594,221 PCE Total Costs: 5,576,816 PCE Annual Savings: $17,405 NOTES: New Proj vs. Current LATEST APUC/PCE DATA Fuel Cost, Non-fuel Cost, and Kwh Sold are from the latest APUC PCE rate filing Eligible Kwh Sold is from the AEA FY89 PCE DATA CURRENT SCENARIO Fuel Cost is based on fuel efficiency & kWh sold from AEA FY89 PCE data,& $/gallon from AVEC Non-fuel Cost is from APUC PCE filing Kwh Sold is from the AEA FY89 PCE data Eligible Kwh Sold is from the AEA FY89 PCE DATA GRANT SCENARIO 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 Kwh Sold is from the AEA FY89 PCE data Eligible Kwh Sold is from the AEA FY89 PCE DATA GRANT SCENARIO NON-FUEL COSTS Non-Fuel Cost: $6,851,984 Capital Cost: 150,000 Depreciation Term: 10 yrs Depreciation and Interest Expense $18,272 per year Interest Rate: 7.00% Real Interest Rate: 2.39% 1.024 Inflation Rate: 4.50% Non-fuel Cost plus depreciation and interest expense: $6,865,347 per year Page 2