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HomeMy WebLinkAboutBirch Creek PCE Economic Analysis Summary Sheet 1990PCE ECONOMIC ANALYSIS SUMMARY SHEET Village: Birch Creek Analysis Date: 1/8/90 Summary: RSA estimates a fuel efficiency improvement of 2.6 Kwh/gal achieved by installing a 25 Kw gen-set in place of the existing 50 Kw gen-set. Existing generation equipment consists of 2-50 Kw Cummins gen-sets. The measured connected load 10/25/88 was 23.4 Kw. The estimated peak connected load is ???? Kw. The Capital cost for the New Project Scenario assumes the 25 Kw gen-set is installed in FY90 at an estimated cost of $63,311. The Capital cost for the Current Scenario assumes the 50 Kw gen-set will be replaced in-kind in FY 90 at an estimated cost of $72,670. The Maximum Construction cost based on a 10 year discounted Economic payback is $136,315. The Maximum Construction cost based on a 10 year PCE payback is $119,908. BIRCHCRK.XLS PCE ECONOMIC ANALYSIS Village: Birch Creek Construction Cost: $63,311 Date: January 8, 1989 Elec. Sold FY89: 110495 Kwh * / Elec. Increase: 0.00% Net Benefit: $73,004 S (fd Fuel Effy FY89: 6.5 Kwh/gal* New Effy: 2.6 9.1 Kwh/gal Present Value Current Scenario: ($72,670) Fuel Price: 1.516 $/gal** Present Value PCE Scenario: $334 Fuel Price Increase 0.00% Discount Rate: 3.00% Max Construction Cost: $136,315 CURRENT SCENARIO Capital O&M ($) ($ saved) |(gal_saved)| ($ saved) $0 | ($63,311) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 NEW PROJECT SCENARIO Capital ($) ($ saved) |(gal_saved)|($ saved) 0 $0 4,922| $7,461 4,922] $7,461 4,922] $7,461 4,922] $7,461 4,922| $7,461 4,922| $7,461 4,922| $7,461 4,922| $7,461 Investment Year ($72,670) Savings: $0 “ $0 “ $0 “ $0 " $0 “ $0 7 $0 “ $0 eloecoeC CCC OCC D “ $0 $0 $0 $7,461 Savings: $0 $0 $0 $0 $7,461 ($72,670)| ____—*$0'| $0 | ($63,311) $0 $74,612 PV 1990: | ($72,670)| _—-—$0 | $0 | ($63,311) $63,645 NOTES: CURRENT SCENARIO Capital Cost includes the estimated cost to replace a 50 Kw gen-set IN-KIND There are no fuel savings since the gen-set will be replaced in-kind NEW PROJECT SCENARIO Capital Cost includes the estimated cost to install a 25 Kw gen-set Generating fuel efficiency is improved 2.6 Kwh/gal to 9.1 Kwh/gal Fuel (gallons saved) is based on the generation efficiency improvement and Kwh sold in FY89 Fuel ($ Saved) is based on FY90 $/gallon and gallons of fuel saved O&M costs savings are assumed negligible Maximum Construction Cost is equal to the Construction Cost minus the Present Value Current Scenario plus the Present Value PCE Scenario * FY89 PCE data ** 10/31/89 APUC PCE rate filing, updated 11/15/89 Page 1 Investment Year Savings: “ " " “ " “ “ Savings: APUC/PCE DATA, FY89 Fuel Cost: Kwh Sold: Non- fuel Cost: Kwh Sold: PCE Rate: Elig. Kwh Sold: PCE Total Costs: NOTES: APUC/PCE DATA, FY89 Fuel Cost, Non-fuel Cost, and Kwh Sold are from the latest APUC PCE rate filing $21,724 104,055 $14,650 104,055 0.251337 86,925 $21,847 BIRCHCRK.XLS PCE RATE ANALYSIS |APUC/PCE DATA _FY89 | Pce ($) | PCE ($) [caPiTAL(s) | PCE ($) | ($21,847) ($21,847) ($21,847) ($21,847) ($21,847) ($21,847) ($21,847) ($21,847) ($21,847) ($21,847) [Totals] ¢$218,475)[¢s297,534)[ ($63,311)] ($177,626)| CURRENT SCENARIO NEW PROJECT SCENARIO $0 ($29,753) ($29,753) ($29,753) ($29, 753) ($29, 753) ($29,753) ($29,753) ($29,753) ($29,753) ($29,753) $0 ($17,763) ($17,763) ($17,763) ($17,763) ($17,763) ($17,763) ($17,763) ($17,763) ($17,763) ($17,763) CURRENT SCENARIO, FY90 Fuel Cost: $25,971 Kwh Sold: 110,495 Non-fuel Cost: $23,233 Kwh Sold: 110,495 PCE Rate: 0.3422886 Elig. Kwh Sold: 86,925 PCE Total Costs: $29,753 PCE Annual Savings: New Proj vs. APUC/PCE Eligible Kwh Sold is from the annual AEA FY89 PCE report CURRENT SCENARIO } leefe DINK ISLS 9 pe Va Capital Cost: $63,311 Simple Payback, years 5.28 Benefit Cost Ratio: 1.89 Maximum Cost for 10yr Payback:] $119,908 NEW PROJECT SCENARIO, FY90 Fuel Cost: $18,509 Kwh Sold: 110,495 Non-fuel Cost: $14,650 Kwh Sold: 110,495 PCE Rate: 0.204344 Elig. Kwh Sold: 86925 PCE Total Costs: $17,763 PCE Annual Savings: $11,991 New Proj vs. Current Fuel Cost is calculated based on CURRENT generating fuel efficiency, kwh sold, and $/gallon for fuel Non-fuel Cost includes APUC/PCE DATA Non-fuel cost PLUS depreciation and interest expense for the new equipment Kwh Sold is from annual AEA FY89 PCE report Eligible Kwh Sold is from the annual AEA FY89 PCE report NEW PROJECT SCENARIO Fuel Cost is calculated based on NEW generating fuel efficiency, kwh sold, and $/gallon for fuel Non-fuel Cost is from the latest APUC PCE rate filing Kwh Sold is from annual AEA FY89 PCE report Eligible Kwh Sold is from the annual AEA FY89 PCE report CURRENT SCENARIO NON-FUEL COSTS Non-Fuel Cost: Capital Cost: Depreciation Term: Interest Rate: Real Interest Rate: Inflation Rate: Non-fuel Cost plus depreciation and interest expense: $14,650 $72,670 10 yrs 7.00% 3.00% 3.90% Depreciation and Interest Expense Page 2 $23,233 per year $8,583 per year 1016 sim 8652 9LSS 6ololL 0 00°S92 00°0 0 0000°0 ' e ay 29/10/20 zt oe 2 622L dem 1961 ezer £682 0 00°SZ 00°0 0 0000°0 ' 8 or 28/10/20 zt oa t 4 WOISSIM SIA3¥@ “**** . ) x7 WY] yeemerd 7 ' 684d - ALITILN NOISSIW DIANA «+ ut S2698 99e 196982 emg 69 Aero 2966UL 68° £8611 27° £0652 seid ws 18203075 os S698 91992 197682 S9ElE 67011 296611 68 86L1 29° £0652 Stilt = }e203GQneGnS , 1965 629 yo glee 90Ly Oss S2"Lb62 tz bea 26 Over" ¥ 9 mn 98/62/01 os oe a ory ev0L 96st £961 6687 oles 12°@862 alia fz Overt , 9 a 98/62/01 os a u z0Ks asst 6512 est tele 9688 Os S6st 90° S161 et OvEyt y 9 oy 98/62/01 os a o 6SEL 229e 620£ 9061 £9601 zeit 00°0 6f° LEZ oor Overt y 9 51 98/62/01 os a 6 90601 20? sxez 92a 6ler1 066S1 000 og" £802 oust coer" | ’ 9 ” 98/62/01 os a g OvEzt 2409 9262 ore 2eent zon tsesst 02° 6£S2 over ovr"! y 9 a 98/62/01 os a a 286 6682 SIE Oe 92m OLrst soot a2 £8lz 1061 oovr ts 7 9 mn 98/62/01 os a 9 2169 O12 7992 £72 22s S768 6S"OLSE 06"0081 Ort oovrt ’ 9 “ 98/62/08 os a s 198 reel LZ sve O6ttL SP6tL eS" 2291 99°0S02 we oer" t ’ 9 na 98/62/01 os a > seid St L982 200£ oese $S26 00° S991 BS" 6l6L tent ooer*t ’ 9 mn 98/62/01 os a £ Z00s tom £192 966 9 $S22 SL° 9621 os *2sst sate ovr" ’ 9 nm 98/62/08 os ao z £2ts 6l9 ve91 092 £2s 0697S OO-SttL olezer 66 oor ’ 9 a 98/62/01 os a ‘ 433) WOUIE “*** . 68kd - SOVTIIA YATUD HOUTA «= ezelez 0 VELL Oleh 26120 0026%6 22°61 £908 12" 99S26 yosie we 18203G"S og e2£292 0 WLIELL vOLELL 926128 002696 22 OLE 90E 12° 97826 vse = l#20IGQnEGS , £2064 0 in 9969 vELIS 00909 $6" 10662 09° 6S\9 oes 0z90"1 0 = sz ee/si/z we a a £tzEz 0 00st y0z8 £5965 ovo. 26° OLSSZ ££" 9669 eso 0z90"1 o ss az ee/si/zt we a u“ ySOSZ 0 6661 $506 see oov0e 6089182 16°0292 ONL 0z90"t 0 ss bt 4 ee/st/zt we a oo L822 0 £ysst "l6 66908 0006 99" 90652 £9" 9262 oove Oztint 0 = <z 29/21/10 we a 6 61182 0 f6irt eS OSIEL 00978 SE 22085 £9° 9162 0069 Oztit 0 st +t 4 2£9/1t/L0 we a 8 12992 0 og9st 16601 gor98 002001 ee e99sz £9° 9262 0062 ozits 0 st sd 9/0/10 we a a S£z9z 0 er70st Zour 95218 00986 99 LLLSZ £9" 926L suse oztent 0 ss $4 98/10/10 we a 9 6by9e 0 zism 1066 £62782 coors ee 6l9Zt £9" 9262 002 oztint 0 ss vw 98/10/10 we a s ‘2682 0 eget 16% S727 00069 97 £564 £9° 9262 00z9 ozuint 0 * st 9/10/10 we a 9 byoez 0 porte ££Z201 Lter9 0078. 96° 6L052 £9° 9162 o0zZ oztEnt 0 .. 4 ss 98/10/10 wv a £ 66992 0 zezst 1196 £066S 00069 £2" 908S2 £9° 9162 29 ooze 0 bi w 49/21/20 we a z £5922 0 ozest ceee seies ors? SO 9VELZ £7° 9262 0065 ozient 0 9 Zs 29/11/20 a] a t $311138 "*""* . 684d - YaAMOd 3 LHOIT STILLaG + 31819173 “TVIIVS “9173 “SMNOD “9113 “OIS3Y “9173 QOS HD AveaINz9 ‘3SN3dX3 4s02 13nd GansnoD wee VWs ism ism 314311839 wOLLVWNdOd wa 183d wo Twiol WAX T10l wo Wwiol WAY W101 ATHLNOW wo ‘OMT LVE3d0 ‘Wwiol v0 ‘13nd “WD “ERED OISIe ‘Wid0d 31V0 ALINTENOD = WISTd ‘Wasis @M+qee) ©) «q) qe) AWINOM =6WIO01 inzweno 28 28 408 -- AUVHHAS ALITVIAN -- ‘y0IFIdV4 180438 SITASIAVIS 33d AWINOW <besIdvs WOLLVZIT¥NO3 1S09 B3nOd oe ALISOHLAW W3MOd WISVIV 236 5.23536 ALASKA ENERGY AUTHORITY PAGE: of PCE IMPROVEMENT PROGRAM OATE: 13-Dec-89 LOCATION: BIRCHCREEK, ALASKA PREPARED FOR RSA ENGINEERING FILE: Birch By Clark-Graves, Inc. oe a ES CONSTRUCTION COSTS pee oo QUANTITY UNIT MATERIAL = FREIGHT LABOR LABOR TOTAL DISCIPLINE/ ITEMS Hours/ Rate Item Descr. $/Unit = $/Unit Unit $/Hour Cost ($) 1 2 Relocate Meter Outside 3 Piping 10. L. FEET 3.40 2.50 0.400 40.95 $222.80 4 Enclosure 1 EACH 120.00 12.50 0.500 40.95 $152.98 5 6 Furnish And Install 25 KW oe. 7 Generator, Including vee . 8 Batterys And Sound Suppressor 14 332 & a4 rot fr 9 Incl. Electrical Connects. 1 EACH 16,150.00 2,100.00 80.000 40.95 $21,526.00 10 11 Return 50 KW Generator To 12 Fairbanks 1 EACH 250.00 2,400.00 0.457 40.95 $2,668.71 13 14 Operator Trainor 15 Air Transport 1 R. TRIP 370.00 50.00 $420.00 16 Room And Board 6 DAYS 125.00 $750.00 17 Misc. Expense 1 ALLOW 100.00 $100.00 18 (Satarys Not Included) 19 20 21 u% 22 - |.l 3 0b USM = % WM 25 26 27 . 33 28 OIRECT EXPENSE SUBTOTAL: VIS ac — $25,840.49 - >? 29 ST 30 31 GENERAL CONTRACTOR SUPPORT 32 33 TOOLS & EQUIP 3 3% 1 ALLOW 775.21 $775.21 34 HOME OFFICE EXPENSE AT 15% 1 ALLOW 3,876.07 $3,876.07 35 GENERAL REQUIREMENTS 36 Mob/Demob 37 Tools And Equipment 2,000 LB EA.WAY 1.00 $2,000.00 38 = Crew 8 R.TRIPS 370.00 250.00 8.000 40.95 $7,580.80 39 Room And Board 14 MANDAYS 125.00 $1,720.75 40 Supervision 1 WEEK 1,245.00 100.00 60.000 40.95 $3,802.00 41 42 GENERAL CONTRACTOR SUPPORT SUB-TOTAL: $19,754.83 43--------- ----- ee ee ee ee ee ee ee ee ee ee ee ee ee ee eee 44 SUB-TOTAL $45,595.32 45 ; 46 PROFIT 2 25% $11,398.83 47 TOTAL CONSTRUCTION COST (FY87) $56,994.15 48 CONTINGENCY @ 10% $5,699.42 49 CONTRACT COST (FY90) $62,693.57 50 DESIGN COST @ 6% OF FY9O CONTRACT COST $3,761.61 51 SIOH 2 15.0% OF FY9O CONTRACT COST $9,404.04 52 PROJECT COST (FY90) $75,859.22 53. SALVAGE VALUE 0 iv (Not Incl.) 54 TOTAL INVESTMENT COST (FY90) asi - 746 .. e (Assuming Summer Construction) {« 144 ¥ 6 - ' ge $76,000.00 4. 47*- 57 633