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HomeMy WebLinkAboutFINAL Holy Cross REF 2021 ApplicationRenewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 1 of 36 11/16/2021 SECTION 1 – APPLICANT INFORMATION Please specify the legal grantee that will own, operate, and maintain the project upon completion. Name (Name of utility, IPP, local government, or other government entity) Alaska Village Electric Cooperative, Inc. Tax ID # 92-0035763 Not-for-Profit Date of last financial statement audit: December 2020 Mailing Address: Physical Address: 4831 Eagle Street 4831 Eagle Street Anchorage, AK 99503 Anchorage, AK 99503 Telephone: Fax: Email: (907) 561 – 1818 (800) 478 – 1818 fbutton@avec.org 1.1 Applicant Point of Contact / Grants Coordinator Name: Title: Forest Button Manager, Project Development & Key Accounts Mailing Address: 4831 Eagle Street Anchorage, AK 99503 Telephone: Fax: Email: (907) 646 - 5961 (800) 561 - 2388 fbutton@avec.org 1.1.1 Applicant Signatory Authority Contact Information Name: Title: William R. Stamm President and CEO Mailing Address: 4831 Eagle Street Anchorage, AK 99503 Telephone: Fax: Email: (907) 565 - 5351 (800) 562 - 4086 bstamm@avec.org 1.1.2 Applicant Alternate Points of Contact Name Telephone: Fax: Email: Onya Stein (907) 561 – 1818 (800) 478 -1818 ostein@avec.org Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 2 of 36 11/16/2021 1.2 Applicant Minimum Requirements Please check as appropriate. If applicants do not meet the minimum requirements, the application will be rejected. 1.2.1 Applicant Type ☒ An electric utility holding a certificate of public convenience and necessity under AS 42.05 CPCN #169, or ☐ An independent power producer in accordance with 3 AAC 107.695 (a) (1) CPCN #______, or ☐ A local government, or ☐ A governmental entity (which includes tribal councils and housing authorities) Additional minimum requirements ☒ 1.2.2 Attached to this application is formal approval and endorsement for the project by the applicant’s board of directors, executive management, or other governing authority. If the applicant is a collaborative grouping, a formal approval from each participant’s governing authority is necessary. (Indicate yes by checking the box) ☒ 1.2.3 As an applicant, we have administrative and financial management systems and follow procurement standards that comply with the standards set forth in the grant agreement (Section 3 of the RFA). (Indicate yes by checking the box) ☒ 1.2.4 If awarded the grant, we can comply with all terms and conditions of the award as identified in the Standard Grant Agreement template at https://www.akenergyauthority.org/What-We-Do/Grants-Loans/Renewable-Energy- Fund/2021-REF-Application (Any exceptions should be clearly noted and submitted with the application.) (Indicate yes by checking the box) ☒ 1.2.5 We intend to own and operate any project that may be constructed with grant funds for the benefit of the general public. If no please describe the nature of the project and who will be the primary beneficiaries. (Indicate yes by checking the box) Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 3 of 36 11/16/2021 SECTION 2 – PROJECT SUMMARY 2.1 Project Title Provide a 4 to 7 word title for your project. Type in the space below. Holy Cross Solar Energy and Battery Storage Feasibility Study Project 2.2 Project Location 2.2.1 Location of Project – Latitude and longitude (preferred), street address, or community name. Latitude and longitude coordinates may be obtained from Google Maps by finding you project’s location on the map and then right clicking with the mouse and selecting “What is here? The coordinates will be displayed in the Google search window above the map in a format as follows: 61.195676.-149.898663. If you would like assistance obtaining this information, please contact AEA’s Grants Coordinator by email at grants@akenergyauthority.org or by phone at (907) 771- 3081. Latitude 62.2005 North Longitude -159.7686 West Holy Cross is located in Interior Alaska on the west bank of Ghost Creek Slough off the Yukon River. It is 40 miles northwest of Aniak and 420 miles southwest of Fairbanks. 2.2.2 Community benefiting – Name(s) of the community or communities that will be the beneficiaries of the project. The project will benefit the entire community of Holy Cross, Alaska (population of approximately 178 as of 2010 Census). 2.3 Project Type Please check as appropriate. 2.3.1 Renewable Resource Type ☐ Wind ☐ Biomass or Biofuels (excluding heat-only) ☐ Hydro, Including Run of River ☐ Hydrokinetic ☐ Geothermal, Excluding Heat Pumps ☐ Transmission of Renewable Energy ☒ Solar Photovoltaic ☒ Storage of Renewable ☐ Other (Describe) ☐ Small Natural Gas 2.3.2 Proposed Grant Funded Phase(s) for this Request (Check all that apply) Pre-Construction Construction ☐ Reconnaissance ☐ Final Design and Permitting ☒ Feasibility and Conceptual Design ☐ Construction Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 4 of 36 11/16/2021 2.4 Project Description Provide a brief, one-paragraph description of the proposed project. Alaska Village Electric Cooperative, Inc. (AVEC) is requesting $135,000 through an Alaska Energy Authority (AEA) Renewable Energy Fund (REF) grant to conduct a feasibility study for local solar energy and battery storage potential in Holy Cross, Alaska. The proposed project involves analyzing solar data, examining potential location alternatives, and creating a conceptual design for local solar energy and battery storage. Like many communities in Alaska, Holy Cross experiences high and unstable energy costs. The community depends on diesel fuel to power the three local generators responsible for all available energy in Holy Cross. Solar energy has proven a viable energy resource through projects in the similar communities of Eagle and Kaltag. Dependent on the results of the proposed feasibility study, AVEC would secure funding to prepare a final design, complete permitting, and develop solar energy in Holy Cross. 2.5 Scope of Work Provide a short narrative for the scope of work detailing the tasks to be performed under this funding request. This should include work paid for by grant funds and matching funds or performed as in-kind match. The AEA REF grant funds will be used to conduct a solar feasibility study in Holy Cross, and if funded by AEA, this effort will be supplemented by AVEC contributions. In order to assess the potential of solar energy and battery storage in Holy Cross, AVEC proposes a study of the available solar resource. The study would include determining a location most suited for a solar project, examining the best technology to fit the needs of the community, and identifying any needed upgrades to existing facilities. The project would investigate available battery storage technologies for solar energy, sizing and cost benefits for the community, including impact on existing heat recovery. A conceptual design report (CDR) will be created based on the outcome of these efforts. Following successful completion of the proposed feasibility study and conceptual design, AVEC will seek appropriate fund resources to implement solar energy in Holy Cross. AVEC intends to prepare a final design, complete permitting, and construct solar infrastructure in Holy Cross to be online as soon as 2025. 2.6 Previous REF Applications for the Project See Section 1.15 of the RFA for the maximum per project cumulative grant award amount Round Submitted Title of application Application #, if known Did you receive a grant? Y/N Amount of REF grant awarded ($) N/A Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 5 of 36 11/16/2021 SECTION 3 – Project Management, Development, and Operation 3.1 Schedule and Milestones Please fill out the schedule below (or attach a similar sheet) for the work covered by this funding request. Be sure to identify key tasks and decision points, including go/no go decisions, in your project along with estimated start and end dates for each of the milestones and tasks. Please clearly identify the beginning and ending of all phases (I. Reconnaissance, II. Feasibility and Conceptual Design, III. Final Design and Permitting, and IV. Construction) of your proposed project. See the RFA, Sections 2.3-2.6 for the recommended milestones for each phase. Add additional rows as needed. Task # Milestones Tasks Start Date End Date Deliverables 1 Project scoping and contractor solicitation AVEC will select contractor(s) for the solar feasibility investigations and conceptual design immediately following AEA’s authorization to proceed. Aug 1, 2022 Aug 15, 2022 Contractor Agreements 2 Resource identification and detailed resource analysis AVEC will complete a solar resource report using available solar energy data and other sources of information as determined by consultations with knowledgeable experts. Sep 31, 2022 Sep 31, 2023 Solar Resource Analysis Report 3 Identification of land and regulatory issues AVEC will identify site alternatives for constructing solar infrastructure and initiate negotiations of permanent site control for a proposed photo voltaic (PV) array system and storage battery in consultation with local municipal and tribal governments, if needed. Sep 1, 2022 Aug 1, 2023 List of potential solar sites 4 Permitting and environmental analysis AVEC will research and conduct consultations with agencies to determine needed environmental permits for project construction. Sep 1, 2022 Aug 1, 2023 List of needed environment al permits and consultation 5 Detailed analysis of current cost of energy and future market Based on AVEC records and available community plans, AVEC will conduct an analysis of existing and future energy costs and markets. AVEC will host a community meeting to collect input on potential future energy markets, information collected will be incorporated into the CDR. Feb 1, 2022 Aug 31, 2023 Existing and Future Energy Costs and Markets Analysis Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 6 of 36 11/16/2021 6 Assessment of alternatives AVEC will review solar PV systems, battery storage systems, layouts, and locations to determine a recommended location and PV system best suited for local conditions and the community. May 1, 2022 Sep 30, 2023 Addressed in CDR 7 CDR and costs estimate AVEC will examine various PV technologies and battery storage systems to determine the best suited system to fit the lower energy demand in Holy Cross. A conceptual design and cost estimate would be prepared using information gathered from the solar resource analysis. Sep 1, 2023 Nov 1, 2023 CDR and cost estimate 8 Detailed economic and financial analyses AVEC will conduct an economic and financial analysis to examine potential final design and construction costs, operating and maintenance costs, user rates, and other fiscal components. This analysis will be evaluated in the CDR. Jun 1, 2023 Sep 1, 2023 Economic and Financial Analysis 9 Conceptual business and operations plan As a utility cooperative, AVEC has business and operation plans currently in place for the cooperative as a whole. Operating and business plans may be updated to include solar energy and battery storage. Jun 1, 2023 Oct 31, 2023 Updated Conceptual Business and Operations Plan 10 Final report and recommendations AVEC will combine all of the memoranda and reports written for the project in a final report for submission to AEA. The Final CDR to include the following information: • Solar Resource Analysis • Site Control Agreements • Existing and Future Energy Costs and Markets Analysis • Economic and Financial Analysis • Conceptual Business and Operations Plan • CDR and Cost Estimate, including panel evaluation • Needed environmental permits and consultations Sep 15, 2023 Dec 31, 2023 Final CDR Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 7 of 36 11/16/2021 3.2 Budget 3.2.1 Funding Sources Indicate the funding sources for the phase(s) of the project applied for in this funding request. Grant funds requested in this application $135,000 Cash match to be provideda $15,000 In-kind match to be provideda $0 Energy efficiency match providedb $0 Total costs for project phase(s) covered in application (sum of above) $150,000 Describe your financial commitment to the project and the source(s) of match. Indicate whether these matching funds are secured or pending future approvals. Describe the impact, if any, that the timing of additional funds would have on the ability to proceed with the grant. AVEC commits a 10% cash contribution of the total cost of the Holy Cross Solar Energy Feasibility Study Project should it receive AEA funding, totaling $15,000. a Attach documentation for proof (see Section 1.18 of the Request for Applications) b See Section 8.2 of this application and Section 1.18 of the RFA for requirements for Energy Efficiency Match. 3.2.2 Cost Overruns Describe the plan to cover potential cost increases or shortfalls in funding. AVEC does not anticipate any cost increases or shortfalls in funding, basing the project budget off of years of experience conducting feasibility studies for comparable communities in Alaska. Should the project experience a funding issue, AVEC will seek additional funding sources or allocate a larger cash contribution to the effort. 3.2.3 Total Project Costs Indicate the anticipated total cost by phase of the project (including all funding sources). Use actual costs for completed phases. Indicate if the costs were actual or estimated. Reconnaissance Estimated $0 Feasibility and Conceptual Design Estimated $150,000 Final Design and Permitting Estimated $100,000 Construction Estimated $750,000 Total Project Costs (sum of above) Estimated $1,000,000 Metering/Tracking Equipment [not included in project cost] Estimated (pending results of feasibility study) $400-1,000 3.2.4 Funding Subsequent Phases If subsequent phases are required beyond the phases being applied for in this application, describe the anticipated sources of funding and the likelihood of receipt of those funds. • State and/or federal grants • Loans, bonds, or other financing options • Additional incentives (i.e. tax credits) • Additional revenue streams (i.e. green tag sales or other renewable energy subsidies or programs that might be available) Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 8 of 36 11/16/2021 Following successful competition of the Holy Cross Solar Energy and Battery Storage Feasibility Study and assuming solar energy integrated with battery storage proves a viable local energy resource, AVEC intends to proceed with final design and project construction. The proposed feasibility study and concept design report will be used to determine a recommended PV system and subsequent costs, and AVEC anticipates that final design of a solar energy with battery storage system in Holy Cross to be about $100,000 and construction to be about $750,000, for a total capital cost of approximately $1,000,000. It is possible that the funding for this work could come from upcoming federal infrastructure funding, a subsequent application to AEA REF grant, USDA Rural Utility Service program, or another state or federal grant program. AVEC intends to provide a 10% cash match for the final design and construction phases of a Holy Cross solar energy system with battery storage. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 9 of 36 11/16/2021 3.2.3 Budget Forms Applications MUST include a separate worksheet for each project phase that was identified in Section 2.3.2 of this application — I. Reconnaissance, II. Feasibility and Conceptual Design, III. Final Design and Permitting, and IV. Construction. Please use the tables provided below to detail your proposed project’s total budget. Be sure to use one table for each phase of your project, and delete any unnecessary tables. The milestones and tasks should match those listed in 3.1 above. If you have any question regarding how to prepare these tables or if you need assistance preparing the application please feel free to contact AEA’s Grants Coordinator by email at grants@akenergyauthority.org or by phone at (907) 771-3081. Phase 2 — Feasibility and Conceptual Design Milestone or Task Anticipated Completion Date RE- Fund Grant Funds Grantee Matching Funds Source of Matching Funds: Cash/In- kind/Federal Grants/Other State Grants/Other TOTALS (List milestones based on phase and type of project. See Sections 2.3 thru 2.6 of the RFA ) $ $ $ 1. Project scoping and contractor solicitation Aug 15, 2022 $1,350 $150 Cash $1,500 2. Resource identification and detailed resource analysis Sep 31, 2023 $9,000 $1,000 Cash $10,000 3. Identification of land and regulatory issues Aug 1, 2023 $5,400 $600 Cash $6,000 4. Permitting and environmental analysis Aug 1, 2023 $9,000 $1,000 Cash $10,000 5. Detailed analysis of current cost of energy and future market Aug 31, 2023 $5,400 $600 Cash $6,000 6. Assessment of alternatives Sep 30, 2023 $6,750 $750 Cash $7,500 7. CDR and costs estimate Nov 1, 2023 $81,000 $9,000 Cash $90,000 8. Detailed economic and financial analyses Sep 1, 2023 $9,000 $1,000 Cash $10,000 9. Conceptual business and operations plan Oct 31, 2023 $2,700 $300 Cash $3,000 10. Final report and recommendations Dec 31, 2023 $5,400 $600 Cash $6,000 TOTALS $135,000 $15,000 $150,000 Budget Categories: Direct Labor & Benefits $15,300 $1,700 Cash $17,000 Travel & Per Diem $15,300 $1,700 Cash $17,000 Equipment $15,300 $1,700 -- $17,000 Materials & Supplies $0 $0 -- Contractual Services $89,100 $9,900 Cash $99,000 Construction Services $0 $0 -- Other $0 $0 Cash TOTALS $135,000 $15,000 $150,000 Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 10 of 36 11/16/2021 3.2.4 Cost Justification Indicate the source(s) of the cost estimates used for the project budget, including costs for future phases not included in this application. AVEC based the proposed project budget for this grant application on past experience successfully completing solar resource feasibility study in Kaltag and projects completed by others in similar locations in the state and based on the NREL solar potential for Holy Cross. The purpose of this effort is to determine solar energy viability and the power system best suited to harvest solar energy with battery storage. Once the location and PV array system are determined, the next phase of this project would be final design and construction. Although it is difficult to determine without an assessment of the resource and infrastructure what would be needed, AVEC expects that final design and construction would cost approximately $1,000,000. It is possible that the funding for this work could come from upcoming infrastructure funding through an application to AEA’s Renewable Energy Fund program, USDA Rural Utility Service program, or another state or federal grant program. 3.3 Project Communications 3.3.1 Project Progress Reporting Describe how you plan to monitor the progress of the project and keep AEA informed of the status. Who will be responsible for tracking the progress? What tools and methods will be used to track progress? AVEC has systems in place to accomplish reporting requirements successfully. AVEC has received funding and successfully administered grants from AEA, Denali Commission, US Department of Agriculture, and US Department of Energy, completing more than 100 major projects in its service area over the last 20 years. The project will be managed out of AVEC’s Projects Development Department. For financial reporting, the Projects Development Department’s accountant, supported by the Administrative Services Department, will prepare financial reports. The accountant will be responsible for ensuring that vendor invoices and internal labor charges are documented in accordance with AEA guidelines and are included with financial reports. AVEC has sophisticated systems in place for accounting, payables, financial reporting, and capitalization of assets in accordance with the State of Alaska’s guidelines. AVEC will require that monthly written progress reports be provided with each invoice submitted from primary contractor(s). The progress reports will include a summary of tasks completed, issues or problems experienced, upcoming tasks, and contractor’s needs from AVEC. Project progress reports will be collected, combined, and supplemented as necessary and forwarded as one package to the AEA project manager each quarter. Because AVEC is responsible to its member communities and a board of directors, staying on schedule and within budget is essential. This project will result in an analysis and recommendations for clean, renewable energy from a solar array with battery storage. Holy Cross residents are very interested in this project because their energy costs can be a large portion of their budgets. AVEC member communities expect status updates on village projects, including when and what work will occur, who will be involved, and when it will be completed. Community Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 11 of 36 11/16/2021 members are also able to contact AVEC’s CEO and Board of Directors directly if they have an inquiry or concern about a project. An independent auditor’s report on compliance for each major federal program and report on internal control over compliance required by Title 2 CFR 200 (Uniform Guidance) for AVEC in 2020 did not identify any deficiencies in internal control the auditor considered to be a material weakness. In addition, the independent auditor’s report on compliance with aspects of contractual agreements and regulatory requirements for AVEC in 2020 stated that nothing indicated AVEC failed to comply with the terms, covenants, provisions, or conditions of loans, grants, and security instruments as specified in 7 CFR part 1773. A copy of AVEC’s audit is available upon request. Quarterly meetings will occur between AVEC and AEA to discuss the status of all projects funded through the AEA Renewable Energy Grants program. Individual project meetings will be held, as required or requested by AEA. Forest Button will be responsible for tracking progress of project communications, and Onya Stein, may be contacted as an alternative manager. 3.3.2 Financial Reporting Describe the controls that will be utilized to ensure that only costs that are reasonable, ordinary and necessary will be allocated to this project. Also discuss the controls in place that will ensure that no expenses for overhead, or any other unallowable costs will be requested for reimbursement from the REF Grant Program. AVEC’s accounting system consists of software, procedures, and controls driven by the daily inputs and other actions of competent employees throughout the organization. The software is comprised of a comprehensive suite of Daffron-brand modules including accounting (payables/payroll/general ledger), work orders, purchase orders, customer service and billing, and warehouse/inventory. Some ancillary functions are accomplished on spreadsheets with data downloaded from the various Daffron modules. Procedures and controls include but are not limited to adequate separation of duties, manager- level approval of all expenditures, CEO-level approval of all major expenditures, a formal purchasing system (including purchase orders) for acquisition of materials and components, and a formal contracting system for acquisition of contractual services (consultants, construction contractors, etc.). Accounts payable are processed and recorded by the AVEC Accounting Department, all expenditures are coded to budget categories and assigned to appropriate work orders. The Projects Development and Key Accounts Department, particularly its Project Manager, and Senior Accountant are primarily responsible for all grant reporting. AVEC’s team, with years of experience and knowledge of managing AEA-funded project costs and grant reimbursements, has a system in place for ensuring that only costs that are reasonable, ordinary, and necessary are charged to a project, and that only costs that are eligible are submitted for reimbursement. First, AVEC’s Project Manager (PM) is responsible for determining whether costs are appropriate and acceptable. The PM reviews all invoices from contractors and vendors and all in-house labor and equipment charges. Second, the Projects Development and Key Accounts Department Manager (DM) reviews costs associated with outsourced services, including consultant and contractor invoices, to ensure that the charges are reasonable. The DM also reviews his department’s staff labor charges (timesheets) to the project. Third, the Operations and Engineering Department Managers review all in-house labor (timesheets) and expense reports for Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 12 of 36 11/16/2021 their respective departments to make sure that the charges are acceptable. Finally, the Projects Development and Key Accounts Department Senior Accountant, while preparing AEA financial reports and reimbursement requests, provides a review of both outsourced and in-house charges to determine whether they are allowable costs. AVEC has systems in place to keep unacceptable overhead costs from being charged to and reimbursed through the REF Grant Fund Program. Upon project initiation, an AVEC work order number is created to track all project labor and expenses. AVEC staff and contractors reference this number on all timesheets and invoices when working on the project, ensuring that project costs are known. Purchase orders are universally used to establish spending limits for purchases of materials, which are then monitored by the Accounting Department through the enterprise accounting system. Task orders and contracts are universally used to establish spending limits for purchases of contractual services, which are then monitored by the Projects Development and Key Accounts Department utilizing spreadsheets. Direct labor expenses (gross payroll) are tracked separately from overhead costs including employee benefits and payroll taxes. Once labor hours have been calculated, overhead including employee benefits and payroll taxes are applied in a separate transaction on the work order. AVEC and AEA have an agreed rate cap for employer costs of payroll, consisting only of employee benefits and payroll taxes. AVEC can ensure that only allowable costs would be requested for reimbursement because the direct labor and indirect/overhead costs are separate transactions (and thus the indirect/overhead amounts can be easily omitted from reimbursement), and because the allowable rate has been established and agreed upon (and thus can be easily included for reimbursement). Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 13 of 36 11/16/2021 SECTION 4 – QUALIFICATIONS AND EXPERIENCE 4.1 Project Team Include resumes for known key personnel and contractors, including all functions below, as an attachment to your application. In the electronic submittal, please submit resumes as separate PDFs if the applicant would like those excluded from the web posting of this application. 4.1.1 Project Manager Indicate who will be managing the project for the Grantee and include contact information. If the applicant does not have a project manager indicate how you intend to solicit project management support. If the applicant expects project management assistance from AEA or another government entity, state that in this section. Forest Button is the Project Manager and has served as manager of the Projects Development Department for AVEC since 2016 where he leads a team focused on stabilizing the cost of energy in rural Alaskan villages through improved power plant efficiency, renewable power generation, wind to heat, recovered heat, and interties between villages. Previously, Mr. Button worked as a project manager under contract to AVEC. He was responsible for the management of the design and construction of capital projects and has 25 years of experience managing construction projects throughout Alaska. Mr. Button has a degree in Mining Engineering from the University of Alaska, Fairbanks. 4.1.2 Project Accountant Indicate who will be performing the accounting of this project for the grantee. If the applicant does not have a project accountant indicate how you intend to solicit financial accounting support. Rebecca Lopez is the Chief Financial Officer at AVEC, which includes the Accounting Department, Purchasing, IT, and Human Resources. Ms. Lopez has more than 8 years of experience in the Alaska electric utility industry. She joined AVEC in 2021. She is responsible for all administrative and financial records including preparing grant reports, Regulatory Commission of Alaska rate filings, financial forecasts, budgets and PCE, as well as overseeing the day-to-day office operations. 4.1.3 Expertise and Resources Describe the project team including the applicant, partners, and contractors. For each member of the project team, indicate: • the milestones/tasks in 3.1 they will be responsible for; • the knowledge, skills, and experience that will be used to successfully deliver the tasks; • how time and other resource conflicts will be managed to successfully complete the task. If contractors have not been selected to complete the work, provide reviewers with sufficient detail to understand the applicant’s capacity to successfully select contractors and manage complex contracts. AVEC would use a project management approach that has been used to successfully design and construct renewable energy projects throughout rural Alaska: a team of AVEC staff and external consultants. AVEC staff and their role on this project includes: • William R. Stamm, President and Chief Executive Officer, would act as Project Executive and will maintain ultimate program and financial authority. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 14 of 36 11/16/2021 • Forest Button, Manager, Community Development and Key Accounts, would lead the project management team consisting of AVEC staff, consultants, and contractors. Together with the Assistant Project Manager, Forest would provide coordination of solar data analysis, conceptual design, and permitting. The group’s resources include a project coordinator, accountant, project/construction manager (PM/CM), and a community liaison. Mr. Button will be responsible for managing all the project milestones listed in Section 3.1. He will also be responsible for reporting directly to AEA on the status of the project. • Onya Stein, Assistant Project Manager, will assist on all milestones of the project. In particular, she will be responsible for managing the consultant team. Onya would ensure that all milestones and tasks are completed. Specifically, she would be responsible for selecting, coordinating, and managing the solar resource specialist, engineers, and permitting consultants and ensuring that their deliverables are on time and within budget. • Daniel Allis, Manager of Operations, would provide oversight and input in planning for construction, distribution, and solar energy generation components of the project. Specifically, he would provide input on analysis of current cost (milestone 5); the assessment of alternatives (milestone 6); the CDR (milestone 7); and the final report (milestone 10). • Darren Westby, Manager of Engineering, would provide technical assistance and information on the existing power system and possible issues and project study needs. Specifically, Darren would provide input on the detailed resource analysis (milestone 2); analysis of current cost (milestone 5); the assessment of alternatives (milestone 6); the CDR (milestone 7); and the final report (milestone 10). • Rebecca Lopez, Chief Financial Officer, would assist with questions arising out of the economic and financial analysis (milestone 8) and the business and operations plan (milestone 9). In addition, related to grant management, she would provide support in accounting, payables, financial reporting, and capitalization of assets in accordance with AEA guidelines. • Anna Sattler, Community Liaison, would communicate directly with Holy Cross residents to ensure that the community is informed. Specifically, Anna would assist by working with the community on identification of land issues (milestone 3); assessment of alternatives (milestone 6); and relaying information and recommendations from the CDR (milestone 7 and 10) Contractors for this project would include: • Solar Resource Consultant. AVEC would seek a consultant best suited for assisting with this effort based on experience in Alaska. This consultant would: - Draft the solar resource report (milestone 2) • Engineering consultant: AVEC would select and employ an engineering consultant who would: - Provide an analysis of current cost of energy and future market (milestone 5) - Draft an assessment of alternatives (milestone 6) - Prepare the CDR and cost estimates (milestone 7) - Document economic and financial aspects (milestone 8) - Draft a business and operations plan (milestone 9) Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 15 of 36 11/16/2021 • Environmental Consultant: AVEC currently has an on-call contract with Solstice Alaska Consulting, Inc. for environmental permitting. It is likely that Solstice would work on this project. Robin Reich’s (Solstice’s president) resume is attached (see Tab A). Solstice would: - Consult with agencies - Document permit needs for future solar project (milestone 3) Selection Process for Contractors: The engineering consultant selection would be based upon technical competencies, past performance, written proposal quality, cost, and general consensus from an internal AVEC technical steering committee. The selection of the consultant would occur in strict conformity with AVEC’s procurement policies, and conformance with OMB circulars. Resumes for key staff, partners, and consultants can be found attached in Tab A. 4.2 Local Workforce Describe how the project will use local labor or train a local labor workforce. AVEC uses local labor whenever possible in both daily operations and special projects; recognizing that local labor is good for its customers’ families. Local wages circulate, often multiple times, within the community thereby benefitting the community as a whole. AVEC project managers also know there are tasks that are more competently done by local folks; for example, equipment operators, bear guards, bird monitors, and four-wheeler drivers. For this feasibility effort, it is expected that local labor could assist with some aspects of the project including helping to determine a suitable solar location and, if needed, resource analysis. Local labor saves money within special project budgets as demonstrated in comparing budgets with local labor wages against imported labor wages, travel, and per diem. This is true for not only AVEC’s own projects but also for its contractors. Therefore, assuming the proposed solar feasibility study shows solar to be a viable resource in Holy Cross, AVEC could include local hire language in the construction bid documents and contract. AVEC has included the following language in bid documents in the past: “Local Labor and Local Firms Participation Goal: The participation goal for this project has been established as a percentage of the total dollar amount awarded to the successful bidder in the amount of 20% to local labor and local firms. The successful bidder shall provide the Owner documentation to demonstrate compliance with this goal. If this goal cannot be reached and good faith efforts were demonstrated through documentation to the Owner, the Owner has the right to issue a variance to this section.” “Use of Local Labor and Local Firms: To the maximum extent practicable, Contractor shall accomplish the Project using local labor and Alaska firms.” In most AVEC communities, the power plant operators are employees of their city government. Through a contract process, AVEC reimburses the city for the wages and fringe benefits of the power plant operators. During project feasibility, design, and construction phases, plant operators provide necessary assistance; typically, with tasks like bird monitoring, taking photographs, changing sim cards, hosting and assisting engineers and others coming into the community for project work. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 16 of 36 11/16/2021 AVEC is very proud of its training program wherein power plant operators are trained by an itinerant training supervisor who travels continuously to AVEC communities and works one-on-one with the operators as needed and throughout the year. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 17 of 36 11/16/2021 SECTION 5 – TECHNICAL FEASIBILITY 5.1 Resource Availability 5.1.1 Assessment of Proposed Energy Resource Describe the potential extent/amount of the energy resource that is available, including average resource availability on an annual basis. For pre-construction applications, describe the resource to the extent known. For design and permitting or construction projects, please provide feasibility documents, design documents, and permitting documents (if applicable) as attachments to this application (See Section 11). Likelihood of the resource being available over the life of the project. See the “Resource Assessment” section of the appropriate Best Practice Checklist for additional guidance. AVEC completed a preliminary review of the solar potential in Holy Cross. According to the National Renewable Energy Laboratory (NREL) PVWatts Calculator tool, a 200 kilowatt (kW) solar array system in Holy Cross has the potential to produce 166,034 kilowatt hours (kWh) annually (CF=9.5%). The proposed feasibility study will identify a PV system location and method of operation to maximize the renewable capacity factor while maintaining power quality for the community. Additionally, based on existing knowledge and solar feasibility studies conducted for comparable communities in similar Alaskan locations, it is assumed Holy Cross has conditions appropriate for a viable solar PV system. Given the preliminary nature of the proposed feasibility study, a more definitive determination of solar as resource in Holy Cross would be achieved by this effort. The University of Alaska Fairbanks operates a pilot solar PV test site through the Alaska Center on Energy and Power. Given their experience with measuring solar in interior Alaska, AVEC will consult with ACEP on solar energy systems while conducting the proposed planning and analysis. 5.1.2 Alternatives to Proposed Energy Resource Describe the pros and cons of your proposed energy resource vs. other alternatives that may be available for the market to be served by your project. Solar energy has proven a viable energy resource in multiple communities with similar environmental and climate conditions, including Fairbanks, Kotzebue, Kaltag, and Eagle. Diesel fuel is the primary source of energy, which is expensive. Other alternative energy resources (wind, hydroelectric and geothermal) are not anticipated to be as cost effective or viable as solar energy with battery storage in Holy Cross. The wind resource is low; there are no geothermal opportunities nearby, and hydroelectric power opportunities don’t exist because of the landscape and unsuitable waterbodies. 5.1.3 Permits Provide the following information as it may relate to permitting and how you intend to address outstanding permit issues. See the “Environmental and Permitting Risks” section of the appropriate Best Practice Checklist for additional guidance. • List of applicable permits • Anticipated permitting timeline • Identify and describe potential barriers including potential permit timing issues, public opposition that may result in difficulty obtaining permits, and other permitting barriers Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 18 of 36 11/16/2021 No permits are expected to be required for the proposed feasibility/ design phase on this project, but AVEC will work with consultants to determine what permits may be needed for construction. 5.2 Project Site Describe the availability of the site and its suitability for the proposed energy system. Identify potential land ownership issues, including whether site owners have agreed to the project or how you intend to approach land ownership and access issues. See the “Site control” section of the appropriate Best Practice Checklist for additional guidance. AVEC expects to place the solar infrastructure adjacent to the AVEC power plant. The proximity to the facility and the existing fence will help protect the potential solar array and allow for easier energy incorporation into the existing system and operations and maintenance. If the proposed feasibility study proves that solar energy is a viable resource in Holy Cross in a different location, AVEC will consult with local municipal, corporation, and tribal entities in Holy Cross to select a site and to obtain site control of a PV array location. A letter of non-objection will be sought from the corporation or city, depending on location. Starting with a community meeting, AVEC’s community liaison will lead the effort to gain site control. Since the major landholders support the project (see attached letters of support in Tab B), and since AVEC expects to use its existing site, site control is not expected to be an obstacle. 5.3 Project Technical & Environmental Risk 5.3.1 Technical Risk Describe potential technical risks and how you would address them. • Which tasks are expected to be most challenging? • How will the project team reduce the risk of these tasks? • What internal controls will be put in place to limit and deal with technical risks? See the “Common Planning Risks” section of the appropriate Best Practice Checklist for additional guidance. The feasibility effort will help to identify and overcome the few technical risks that might be expected with the implementation of a solar and battery storage project in Holy Cross. Some initial challenges that AVEC will overcome could be: System Upgrades: Holy Cross currently has a single-phase distribution system and switchgear. Single-phase to three-phase conversion at the power plant with automated generation switchgear along with other improvements may be needed prior to installation of any renewables. During the feasibility study, AVEC will identify needed improvements and their costs. AVEC will then address those needs before installation of a PV array with battery storage. Site Control/Access: Sometimes site control for the placement of solar sites is difficult; however, because AVEC expects to use their existing power plant location, gaining site control may not be needed. 5.3.2 Environmental Risk Explain whether the following environmental and land use issues apply, and if so, which project team members will be involved and how the issues will be addressed. See the “Environmental and Permitting Risks” section of the appropriate Best Practice Checklist for additional guidance. • Threatened or endangered species • Habitat issues • Wetlands and other protected areas Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 19 of 36 11/16/2021 • Archaeological and historical resources • Land development constraints • Telecommunications interference • Aviation considerations • Visual, aesthetics impacts • Identify and describe other potential barriers During the final design and permitting phases, once the solar project is better scoped, AVEC would work with agencies to address the following potential environmental issues: Threatened or endangered species: The U.S. Fish and Wildlife Service would be consulted to ensure that installation of the solar project would have no effect on threatened or endangered species. If clearing is required for the installation of the panels, it would be timed to avoid impacts to migratory birds in compliance with the Migratory Bird Treaty Act. Habitat issues: Because the array would be installed next to the power plant, habitat issues are not expected. Wetlands and other protected areas: Although not expected, if the solar project is placed in designated wetlands, a U.S. Army Corps of Engineers’ wetlands permit would be needed. Archaeological and historical resources: Compliance with the National Historic Preservation Act and consultation with the State Historic Preservation Officer would be conducted prior to installation of the solar panels. Land Development Constraints: Land development constraints are not expected, since the array would most likely be installed on AVEC land. AVEC will work with the landowners to obtain site control if another location proves more suitable. Telecommunications Interference: The solar project would be located so as not to interfere with current telecommunication services. Aviation Considerations: The solar project location would be selected based on airspace availability and limitations to meet the FAA’s Notice Criteria, and a no-hazard determination would be sought from the FAA as soon as a project location has been finalized. Visual Impacts: AVEC will conduct community meetings to discuss visual impacts and how they could be mitigated. 5.4 Technical Feasibility of Proposed Energy System In this section you will describe and give details of the existing and proposed systems. The information for existing system will be used as the baseline the proposal is compared to and also used to make sure that proposed system can be integrated. Only complete sections applicable to your proposal. If your proposal only generates electricity, you can remove the sections for thermal (heat) generation. 5.4.1 Basic Operation of Existing Energy System Describe the basic operation of the existing energy system including: description of control system; spinning reserve needs and variability in generation (any high loads brought on quickly); and Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 20 of 36 11/16/2021 current voltage, frequency, and outage issues across system. See the “Understanding the Existing System” section of the appropriate Best Practice Checklist for additional guidance. The existing power generation system in Holy Cross consists of 3 diesel generators in a single phase 120/240V electrical system: two Detroit Diesel Series 60 and one Cummins LTA10. The plant operator selects which engine to run and manually controls which engine(s) are on line. The most efficient available engine is used to meet the load. Individual generator efficiency is not tracked, but the aggregate diesel generator efficiency in 2020 was 13.01 kilo-watt hours per gallon (kWh/gallon). 5.4.2.1 Existing Power Generation Units Include for each unit include: resource/fuel, make/model, design capacity (kW), minimum operational load (kW), RPM, electronic/mechanical fuel injection, make/model of genset controllers, hours on genset Unit 1: Diesel generator, Detroit Diesel Series 60 D3 1200 RPM, 207 kW, 50kW min, Electronic Fuel Injection, KT Generator model 6P4-1363, Simplex control panel, Basler APR63-5 voltage regulator and APM301 paralleling module, GAC genset controls w/ EAM104 speed control, 9,117 hours, installed 2019. Unit 2: Diesel generator, Detroit Diesel Series 60 K4 1200 RPM, 236 kW, 50kW min, Electronic Fuel Injection, KT Generator model 6P4-1050, Controlled Power control panel, Basler APR63-5 voltage regulator and APM301 paralleling module, GAC genset controls w/ EAM104 speed control, 22,774 hours, installed 2017. Unit 3: Diesel generator, Cummins LTA10, 1800RPM, 250kW, 50kW min, Mechanical Fuel Injection, KT Generator model 4P3-1475, Controlled Power control panel, Basler APR 63-5 voltage regulator and APM301 paralleling module, GAC genset controls w/ 5210 speed control, 2,089 hours, installed 2019. 5.4.2.2 Existing Distribution System Describe the basic elements of the distribution system. Include the capacity of the step-up transformer at the powerhouse, the distribution voltage(s) across the community, any transmission voltages, and other elements that will be affected by the proposed project. The Holy Cross power plant generates single phase 120/240V, there are three 50kVA transformers (one on each switch) and one direct feed from the bottom switch. Part of the feasibility study will focus on the ability to integrate renewables on smaller single-phase systems or whether a voltage conversion is recommended. 5.4.2 Existing Energy Generation Infrastructure and Production In the following tables, only fill in areas below applicable to your project. You can remove extra tables. If you have the data below in other formats, you can attach them to the application (see Section 11). Is there operational heat recovery? (Y/N) If yes estimated annual displaced heating fuel (gallons) Yes, to the water treatment plant. Estimated at 2,699 gal displaced. 5.4.2.3 O&M and replacement costs for existing units Power Generation Thermal Generation i. Annual O&M cost for labor $28,000 ii. Annual O&M cost for non-labor Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 21 of 36 11/16/2021 5.4.2.4 Annual Electricity Production and Fuel Consumption (Existing System) Use most recent year. Replace the section (Type 1), (Type 2), and (Type 3) with generation sources Month Generatio n (Diesel) (kWh) Generation (Type 2) (kWh) Fuel Consumption (Diesel- Gallons) Fuel Consumption [Other] Peak Load Minimum Load (Assumed 3/4 of average load) January 61,744 N/A 4,966 N/A 100.0 62.2 February 51,730 3,776 82.0 55.7 March 53,612 3,972 80.0 54.0 April 45,058 3,437 74.0 46.9 May 40,098 3,123 66.0 40.4 June 45,505 3,549 72.0 47.4 July 44,838 3,442 82.0 45.2 August 45,447 3,764 81.0 45.8 September 41,574 3,261 77.0 43.3 October 47,004 3,589 81.0 47.4 November 55,036 4,132 85.0 57.3 December 58,568 4,367 85.0 59.0 Total 590,214 45,378 Average 80.4 50.4 5.4.3 Future Trends Describe the anticipated energy demand in the community, or whatever will be affected by the project, over the life of the project. Explain how the forecast was developed and provide year by year forecasts. As appropriate, include expected changes to energy demand, peak load, seasonal variations, etc. that will affect the project. According to U.S. Census data, Holy Cross’s population has fluctuated from 178 to 227 community members over the past 20 years. The 2019 estimated population of Holy Cross was 220 people. Diesel energy costs in Holy Cross are high. Power costs for residences and community facilities are subsidized through Alaska’s Power Cost Equalization (PCE) program. For 2020, the average household monthly cost of power before the PCE was $179, with the PCE subsidy the average household monthly cost was $128. Currently, major projects and increases in population are not planned or expected in Holy Cross. However, as more parts of rural Alaska become connected with better internet service, energy demand and peak load could moderately increase in the foreseeable future due to more electronics use. In addition, the community is always looking to bring new businesses and opportunities. Since energy demand is expected to rise in the future, solar energy development could be used to reduce the cost of energy and offset energy production from diesel fuel. Stabilizing the cost of energy provides various economics benefits to community, including reducing household energy costs, allowing commercial entities to pass along savings to residents, and increasing available funds to invest in improved community and social service. These economic iii. Replacement schedule and cost for existing units Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 22 of 36 11/16/2021 benefits will reduce outmigration of individuals in response to excessive utility costs energy costs and ensure a consistent local energy market. 5.4.4 Proposed System Design Provide the following information for the proposed renewable energy system: • A description of renewable energy technology specific to project location • The total proposed capacity and a description of how the capacity was determined • Integration plan, including upgrades needed to existing system(s) to integrate renewable energy system: Include a description of the controls, storage, secondary loads, distribution upgrades that will be included in the project • Civil infrastructure that will be completed as part of the project—buildings, roads, etc. • Include what backup and/or supplemental system will be in place See the “Proposed System Design” section of the appropriate Best Practice Checklist for additional guidance. Renewable energy technology: AVEC plans to conduct a feasibility analysis, resource assessment, and conceptual design to assess the possibility of using solar power with battery storage in Holy Cross. Solar generation and energy storage components are becoming available from a wider number of reliable sources. In every deployment the integration of intermittent generation to the energy grid is a key component to a successful project. The existing Holy Cross generation and distribution system is small, single phase and manually operated. This feasibility study is intended to determine if a solar PV project could be properly integrated in to the existing power system and what modifications would be required to have a meaningful impact on diesel consumption. Proposed capacity/capacity determination: The purpose of this work is to gather background information to plan a future alternative energy facility. Anticipated capacity and generation would be examined for various PV array and battery storage systems, secondary load options, and control schemes. It is expected that a 200 kW solar array could be implemented and integrated with energy storage sized with a 200 kWhbattery. Based on the NREL PVWatts Calculator tool, a 200 kW solar array system in Holy Cross has the potential to produce 166,034 kilowatt hours (kWh) annually (CF=9.5%). The proposed feasibility study will identify whether a PV system near the existing power plant would be a viable location The study will also determine battery and inverter sizes and the method of operation to maximize the renewable capacity factor while maintaining power quality for the community. Finally, the study would determine distribution and power plant upgrades that would be needed prior to the installation of a solar array and battery storage. Integration plan: Solar infrastructure would need to interconnect with the existing diesel power plant. Depending on the complexity of the proposed system, the diesel generators would continue running at minimum levels, or be allowed to go diesel-off (estimated to be 1,500 hours annually). Conceptual design, to be completed as a part of this project, would detail how power from a solar array system would be integrated into the existing system in Holy Cross. Civil infrastructure: Assuming solar energy proves a viable resource in Holy Cross, civil infrastructure access to and foundations for solar panels will be included in subsequent final design and construction phases of the project. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 23 of 36 11/16/2021 Backup/supplemental system: The existing power plant with diesel fuel generators and the existing power distribution system will be maintained to provide for the full power needs of the community. 5.4.4.1 Proposed Power Generation Units Unit # Resource/ Fuel type Design capacity (kW) Make Model Expected capacity factor Expected life (years) Expected Availability 1 Solar 200 TBD TBD 9.5% (NREL model) 25 166,034 kWh/year (NREL model) 5.4.4.2 Proposed Thermal Generation Units (if applicable) Generation unit Resource/ Fuel type Design capacity (MMBtu/hr) Make Model Expected Average annual efficiency Expected life N/A 5.4.5 Basic Operation of Proposed Energy System • To the best extent possible, describe how the proposed energy system will operate: When will the system operate, how will the system integrate with the existing system, how will the control systems be used, etc. • When and how will the backup system(s) be expected to be used See the “Proposed System Design” section of the appropriate Best Practice Checklist for additional guidance. A solar energy system in Holy Cross will be designed to supplement the existing diesel generators. When the solar resource is high (summer), the power plant would be designed to be able to run with diesels off when integrated with a battery storage system. The existing diesel system will remain in operation at a lower capacity to supplement solar energy online in the winter and when the solar resource is low. It is anticipated that to make solar generation the primary energy source during periods of prolonged sun exposure would require an energy storage system and planned upgrades to the existing diesel generation and distribution systems. Batteries and inverters will be analyzed to determine the best size and operations. The proposed feasibility study will determine the optimal solar PV array and battery storage system design and operation regimen. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 24 of 36 11/16/2021 The intent of the proposed system is to lower the power generated by diesel generation and will effectively lower the heat output of the diesel generators. The heat recovery system in Holy Cross currently displaces nearly all the heating needs of the water treatment plant and City Hall. Heat demands are highest in the winter and solar output is highest in the summer; therefore, the impacts to the existing recovered heat system may be minimal. The feasibility study will compare system loads, heat demand, and projected solar generation considering the overall impact on recovered heat. The anticipated effect of the proposed system is lower diesel fuel use for electrical power generation. Also, power generator use in Holy Cross would be decreased, thereby decreasing generator operations and maintenance costs, enabling generators to last longer and need fewer overhauls. 5.4.3.1 Expected Capacity Factor 9.5% (from NREL calculator) 5.4.5.2 Annual Electricity Production and Fuel Consumption (Proposed System) Month Generation (Proposed System: Solar PV, from NREL) (kWh) Generation (Type 2: Diesel) (kWh) Generation (Type 3) (kWh) Fuel Consumption (Diesel- Gallons) Assume 13kW/gal Fuel Consumption [Other] Secondary load (kWh) Stora ge (kWh) January 4,740 57,004 NA 4,385 NA NA TBD February 5,046 46,684 3,591 March 14,968 38,644 2,973 April 16,427 28,631 2,202 May 26,473 13,625 1,048 June 28,181 17,324 1,333 July 21,493 23,345 1,796 August 18,700 26,747 2,057 September 12,507 29,067 2,236 October 8,499 38,505 2,962 November 3,848 51,188 3,938 December 5,153 53,415 4,109 Total 166,035 424,179 32,629 5.4.5.3 Annual Heating Fuel Consumption (Proposed System) Month Diesel (Gallons) Electricity Propane (Gallons) Coal (Tons) Wood (Cords, green tons, dry tons) Other January N/A February March April May June July August Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 25 of 36 11/16/2021 September October November December Total 5.4.6 Proposed System Operating and Maintenance (O&M) Costs O&M costs can be estimated in two ways for the standard application. Most proposed renewable energy projects will fall under Option 1 because the new resource will not allow for diesel generation to be turned off. Some projects may allow for diesel generation to be turned off for periods of time; these projects should choose Option 2 for estimating O&M. Option 1: Diesel generation ON For projects that do not result in shutting down diesel generation there is assumed to be no impact on the base case O&M. Please indicate the estimated annual O&M cost associated with the proposed renewable project. For the purpose of this analysis, $30/kW is assumed. NREL estimates a solar array’s O&M cost is estimated a $0.02/W which equates to $20/kW. The Northwest Arctic Borough uses $30/kW based on their experience with solar projects. Option 2: Diesel generation OFF For projects that will result in shutting down diesel generation please estimate: 1. Annual non-fuel savings of shutting off diesel generation 2. Estimated hours that diesel generation will be off per year. 3. Annual O&M costs associated with the proposed renewable project. 1. $10,514 (First year) 2. Hours diesel OFF/year: 1,500 3. $6,000 5.4.7 Fuel Costs Estimate annual cost for all applicable fuel(s) needed to run the proposed system (Year 1 of operation - 2025) Diesel (Gallons) Electricity Propane (Gallons) Coal (Tons) Wood Other Unit cost ($) $4.33 NA NA NA NA NA Annual Units 32,629 gals (see Table 5.4.5.2) Total Annual cost ($) $141,284 5.5 Performance and O&M Reporting For construction projects only 5.5.1 Metering Equipment Please provide a short narrative, and cost estimate, identifying the metering equipment that will be used to comply with the operations reporting requirement identified in Section 3.15 of the Request for Applications. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 26 of 36 11/16/2021 Because this project involves feasibility and conceptual design work only, no meter would be installed. AVEC installs meters on all renewable projects and will install a meter panel for this solar energy project. Metering equipment specifications and costs would be determined during the proposed conceptual design work and subsequent final design project phases. 5.5.2 O&M reporting Please provide a short narrative about the methods that will be used to gather and store reliable operations and maintenance data, including costs, to comply with the operations reporting requirement identified in Section 3.15 of the Request for Applications No O&M costs are anticipated during the feasibility phase of this project. If solar energy proves feasible, their maintenance would be funded by AVEC’s general operating costs. SECTION 6 – ECONOMIC FEASIBILITY AND BENEFITS 6.1 Economic Feasibility 6.1.1 Economic Benefit Annual Lifetime Anticipated Diesel Fuel Displaced for Power Generation (gallons) 12,772 (Assuming 166,035 kWh produced from renewables, and 13 kWh per gallon efficiency according to AVEC.) 319,300 Anticipated Fuel Displaced for Heat (gallons) 0 0 Total Fuel displaced (gallons) 12,772 319,300 Anticipated Diesel Fuel Displaced for Power Generation ($) $55,302 (Assuming fuel cost of $4.33 in 2025) $1,484,745 (Using average fuel cost from 2025-2049 is $4.65) Anticipated Fuel Displaced for Heat ($) 0 0 Anticipated Power Generation O&M Cost Savings 0 0 Anticipated Thermal Generation O&M Cost Savings n/a n/a Total Other costs savings (taxes, insurance, etc.) 0 0 Total Fuel, O&M, and Other Cost Savings $55,302 $1,484,745 6.1.2 Economic Benefit Explain the economic benefits of your project. Include direct cost savings and other economic benefits, and how the people of Alaska will benefit from the project. Note that additional revenue sources (such as tax credits or green tags) to pay for operations and/or financing, will not be included as economic benefits of the project. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 27 of 36 11/16/2021 Where appropriate, describe the anticipated energy cost in the community, or whatever will be affected by the project, over the life of the project. Explain how the forecast was developed and provide year-by-year forecasts The economic model used by AEA is available at https://www.akenergyauthority.org/What-We- Do/Grants-Loans/Renewable-Energy-Fund/2021-REF-Application. This economic model may be used by applicants but is not required. The final benefit/cost ratio used will be derived from the AEA model to ensure a level playing field for all applicants. If used, please submit the model with the application. The primary financial benefit from this project would be to determine whether solar is a suitable resource to provide power to Holy Cross and, if appropriate, to prepare a conceptual design of a solar facility with battery storage. Assuming the installation of a 200-kW capacity system, it could produce 166,034 kWh annually. The possible displacement of diesel fuel used for power generation in Holy Cross could be approximately 12,772 gallons per year. Using AEA’s community fuel oil price projections, this project could save $55,302 during the first year of operation. Over the 25-year life of the project, the estimated savings would be $1,484,745. Holy Cross qualifies for Alaska’s power cost equalization program, providing economic assistance to communities with high energy costs and subsidized energy rates up to 500 kWh. The average annual price for residential electricity in Holy Cross without PCE is $0.52 per kilowatt hour (kWh) as of December 2021. The price per kWh in Holy Cross can be compared to the “extremely high” cost benchmark established by U.S. Rural Utilities Service (RUS) of $0.3627/kWh or can be compared to Anchorage’s average cost of $0.1348/kWh. The residents of Holy Cross would benefit from this project as it would help mitigate the volatile energy costs found in rural Alaska. Immediate savings from this project will directly benefit AVEC and reduce Holy Cross’s dependence on the PCE program. Un-subsidized energy costs are expected to decrease for residents and commercial entities in Holy Cross, providing immediate savings. Reduced energy costs for non-PCE community institutions may allow for increased or improved community or social services. Similarly, reduced energy costs for other non-PCE commercial energy customers such as stores might result in savings to residents. The Holy Cross Community Development plan identified the high cost of energy as a barrier to economic development for the community. This project would help meet the goals of the community plan. Stabilizing the rising costs of energy production by incorporating solar would ease the burden felt by the residents and allow for progress in community goals. Sources: Holy Cross 2018-2021 Community Plan, Alaska Community Database 6.1.3 Economic Risks Discuss potential issues that could make the project uneconomic to operate and how the project team will address the issues. Factors may include: • Low prices for diesel and/or heating oil • Other projects developed in community Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 28 of 36 11/16/2021 • Reductions in expected energy demand: Is there a risk of an insufficient market for energy produced over the life of the project. • Deferred and/or inadequate facility maintenance • Other factors Economic risks from this project are primarily from the high startup costs, and economic viability is dependent on successful implementation and operation of solar energy infrastructure over a 25-year lifetime. Pilot projects and larger scale solar energy installations in interior Alaska, including in Kaltag, Kotzebue, Eagle, Fairbanks, and Willow, have proven solar projects in similar locations to be economically viable. Although Holy Cross has a small population, it is stable and isn’t expected to drop substantially in the near future. Electricity demand will remain and could increase if energy costs drop or if new opportunities arise. AEA projections suggest the cost of fuel in Holy Cross will increase for the foreseeable future, suggesting costs for continued dependence on diesel powered electricity in Holy Cross could become prohibitive. With implementation of solar energy, energy costs will likely decrease and help to ensure a stable population in Holy Cross and a reliable energy market. Success of this project is dependent on maintenance of the existing energy infrastructure and the distribution system and the new solar array. AVEC has a complete and thorough process for tracking and maintaining energy infrastructure in all 58 communities the cooperative serves. 6.1.4 Public Benefit for Projects with Direct Private Sector Sales For projects that include direct sales of power to private sector businesses (sawmills, cruise ships, mines, etc.), please provide a brief description of the direct and indirect public benefits derived from the project as well as the private sector benefits and complete the table below. See Section 1.6 in the Request for Applications for more information. Not applicable to this project. Renewable energy resource availability (kWh per month) NA Estimated direct sales to private sector businesses (kWh) NA Revenue for displacing diesel generation for use at private sector businesses ($) NA Estimated sales for use by the Alaskan public (kWh) NA Revenue for displacing diesel generation for use by the Alaskan public ($) NA 6.2 Other Public Benefit Describe the non-economic public benefits to Alaskans over the lifetime of the project. For the purpose of evaluating this criterion, public benefits are those benefits that would be considered unique to a given project and not generic to any renewable resource. For example, decreased greenhouse gas emission, stable pricing of fuel source, won’t be considered under this category. Some examples of other public benefits include: • The project will result in developing infrastructure (roads, trails, pipes, power lines, etc.) that can be used for other purposes • The project will result in a direct long-term increase in jobs (operating, supplying fuel, etc.) • The project will solve other problems for the community (waste disposal, food security, etc.) Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 29 of 36 11/16/2021 • The project will generate useful information that could be used by the public in other parts of the state • The project will promote or sustain long-term commercial economic development for the community Implementing solar energy supports the Holy Cross Community Plan goal to “support the local environment.” Implementing solar infrastructure and reducing dependency on diesel powered electricity will reduce the potential for fuel spills or contamination, improve air quality, and decrease reliance on fossil fuels. Data from this project will provide important information regarding solar resources in rural Alaska to be applied in future projects. Incorporating solar energy into the community power system will help stabilize costs associated with emergency medical service (EMS) provided in a health clinic by a health aide. Like all of Alaska, Holy Cross is subject to long periods of darkness. Even in the winter, solar power could help supplement the cost of outside safety and security lighting of homes, roads (streetlights), the airport runway, and other locations. A battery storage system would provide a back-up source of power in the event of a power plant outage during the entire year to improve system reliability. SECTION 7 – SUSTAINABILITY Describe your plan for operating the completed project so that it will be sustainable throughout its economic life. At a minimum for construction projects, a business and operations plan should be attached and the applicant should describe how it will be implemented. See Section 11. 7.1.1 Operation and Maintenance Demonstrate the capacity to provide for the long-term operation and maintenance of the proposed project for its expected life • Provide examples of success with similar or related long-term operations • Describe the key personnel that will be available for operating and maintaining the infrastructure. • Describe the training plan for existing and future employees to become proficient at operating and maintaining the proposed system. • Describe the systems that will be used to track necessary supplies • Describe the system will be used to ensure that scheduled maintenance is performed As a local utility that has been in operation since 1968, AVEC is completely able to finance, operate, and maintain this project for the design life. AVEC has capacity and experience to operate this project. AVEC has operating renewable energy projects throughout the state and is familiar with planning, constructing, operating, and maintaining solar systems. See section 10 for a complete discussion of AVEC’s success with similar or related long-term operations. AVEC has a large and geographically diverse staff capable of operating and maintaining energy infrastructure. AVEC follows established and proven protocols for training existing and future employees to operate and maintain diesel and renewable generation facilities. Throughout AVEC’s time as a leading energy cooperative, AVEC has had success with training and onboarding of Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 30 of 36 11/16/2021 renewable infrastructure projects in Alaska. See section 4 for a detailed discussion of key personal assigned to ensure successful completion of this project. AVEC will use tracking protocols already in practice to track necessary tasks associated with the proposed feasibility study and CDR, along with any subsequent project phases. Should solar power prove a viable resource in Holy Cross and AVEC successfully implements solar energy infrastructure, the solar array system would be incorporated into AVEC’s established and proven power plant operation and maintenance system. Local plant operators would provide daily servicing. AVEC technicians would continue to provide periodic preventative or corrective maintenance and would be supported by AVEC headquarters staff, purchasing, and warehousing. 7.1.2 Financial Sustainability • Describe the process used (or propose to use) to account for operational and capital costs. • Describe how rates are determined (or will be determined). What process is required to set rates? • Describe how you ensure that revenue is collected. • If you will not be selling energy, explain how you will ensure that the completed project will be financially sustainable for its useful life. The capital costs of the proposed solar array in Holy Cross would be determined through the feasibility study and associated CDR. Solar experts and engineers would prepare a cost estimate for installation of a suitable array. The costs of operations and maintenance of the proposed project would be determined by through the feasibility study. Currently, the estimated annual O&M for this project is $6,000 based on NREL guidance and Northwest Arctic Borough costs. All AVEC facilities O&M costs are funded through ongoing energy sales. AVEC has well established and proven processes in place to account for setting rates, ensuring revenue is collected, and maintaining financial sustainability of infrastructure over their operational lives. Rates are inclusive of a kWh charge, a fuel charge, a flat customer charge fee, sale tax (in some communities), and a demand charge (if service billed on a demand meter). Many residential and community facilities receive a PCE deduction for up to 500kWh per month. As a recipient of PCE, AVEC’s rates are reviewed and approved by the Regulatory Commission of Alaska. When renewable energy is added to an existing diesel generation system, AVEC determines the cost of electricity based lower fuel use for generation and the cost of operating the new renewable energy system. AVEC ensures that bills are collected through monthly billing and easy payment options (mail, online, over the phone, autopay, by credit card, etc.). AVEC helps customers obtain financial assistance when needed. As a last resort, AVEC can disconnect customers for nonpayment. 7.1.2.1 Revenue Sources Briefly explain what if any effect your project will have on electrical rates in the proposed benefit area over the life of the project. If there is expected to be multiple rates for electricity, such as a separate rate for intermittent heat, explain what the rates will be and how they will be determined Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 31 of 36 11/16/2021 Collect sufficient revenue to cover operational and capital costs • What is the expected cost-based rate (as consistent with RFA requirements) • If you expect to have multiple rate classes, such as excess electricity for heat, explain what those rates are expected to be and how those rates account for the costs of delivering the energy (see AEA’s white paper on excess electricity for heat). • Annual customer revenue sufficient to cover costs • Additional incentives (i.e., tax credits) • Additional revenue streams (i.e., green tag sales or other renewable energy subsidies or programs that might be available) Given that this project is in the conceptual design stage, revenue and incentives are unknown. Tax credits are not expected to be beneficial to the project due to AVEC’s status as a non-profit entity. Nonetheless, in addition to saving the direct cost of fuel, AVEC could sell green tags from the project. 7.1.2.2 Power Purchase/Sale The power purchase/sale information should include the following: • Identification of potential power buyer(s)/customer(s) • Potential power purchase/sales price - at a minimum indicate a price range (consistent with the Section 3.16 of the RFA) Identify the potential power buyer(s)/customer(s) and anticipated power purchase/sales price range. Indicate the proposed rate of return from the grant-funded project. Include letters of support or power purchase agreement from identified customers. Identification of potential power buyer(s)/customer(s): AVEC, the existing electric utility serving Holy Cross, is a member-owned cooperative electric utility and typically owns and maintains the generation, fuel storage, and distribution facilities in the villages it serves. No power purchase or sales agreements would be needed for this project. Holy Cross has approximately 100 households and a health clinic, city office, school, and water treatment plant which purchase power from AVEC. At this point in project development, the potential power price and rate of return on the project is unknown. Potential power purchase/sales price: At this point in project development, the potential power price and rate of return on the project is unknown. Work done under this grant would determine this information. SECTION 8 – PROJECT READINESS 8.1 Project Preparation Describe what you have done to prepare for this award and how quickly you intend to proceed with work once your grant is approved. Specifically address your progress towards or readiness to begin, at a minimum, the following: • The phase(s) that must be completed prior to beginning the phase(s) proposed in this application • The phase(s) proposed in this application • Obtaining all necessary permits • Securing land access and use for the project • Procuring all necessary equipment and materials Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 32 of 36 11/16/2021 Refer to the RFA and/or the pre-requisite checklists for the required activities and deliverables for each project phase. Please describe below and attach any required documentation. Once funding is known to be secured, AVEC would seek contractors to help complete the feasibility level work. AVEC has already identified a potential location for the solar array and battery storage system adjacent to the existing power plant. Site control selection is secure and Holy Cross residents are engaged and ready to work on this important community project and are prepared to work with AVEC on land agreements if the proposed location is not feasible. While the solar resource analysis is ongoing, other task items would be conducted in the first winter, including analysis of current cost of energy and future market, and the economic and financial analyses. Once the solar study is completed, conceptual design would occur. With the solar analysis and site selection in hand, completion of the CDR would be seamless. No other grants have been secured for this work in the past. 8.2 Demand- or Supply-Side Efficiency Upgrades If you have invested in energy efficiency projects that will have a positive impact on the proposed project, and have chosen to not include them in the economic analysis, applicants should provide as much documentation as possible including: 1. Explain how it will improve the success of the RE project 2. Energy efficiency pre and post audit reports, or other appropriate analysis, 3. Invoices for work completed, 4. Photos of the work performed, and/or 5. Any other available verification such as scopes of work, technical drawings, and payroll for work completed internally. Not applicable to this project. SECTION 9 – LOCAL SUPPORT AND OPPOSITION Describe local support and opposition, known or anticipated, for the project. Include letters, resolutions, or other documentation of local support from the community that would benefit from this project. Provide letters of support, memorandum of understandings, cooperative agreements between the applicant, the utility, local government and project partners. The documentation of support must be dated within one year of the RFA date of November 16, 2021. Please note that letters of support from legislators will not count toward this criterion. The community is committed to moving this project forward and fully supports evaluating solar energy as a viable option for sustainable energy infrastructure in the community. Letters of support for this project have been received from the City of Holy Cross, Holy Cross Village, Deloycheet, Incorporated, Tanana Chiefs Conference, Interior Regional Housing Authority, and the Iditarod Area School District. Letters of support can be found under Tab B. SECTION 10 – COMPLIANCE WITH OTHER AWARDS Identify other grants that may have been previously awarded to the Applicant by AEA for this or any other project. Describe the degree you have been able to meet the requirements of previous grants including project deadlines, reporting, and information requests. Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 33 of 36 11/16/2021 AVEC has been providing electrical services to rural, isolated, and economically-disadvantaged Alaskan communities since 1968. The Cooperative began with three communities and a very small staff, and has steadily grown to the impressive non-profit organization it is today, with 58-member villages. AVEC started out with loans from the USDA RUS, and became a Denali Commission partner in 2001. AVEC now has over 90 employees. There are generation technicians, linemen, managers, engineers, expediters, and others in its central office in Anchorage, and plant operators within member communities. With the signatures on this application, AVEC certifies that it is a legally incorporated, non-profit entity eligible to receive federal grant funding for the proposed project. Documentation of incorporation is available upon request. AVEC has the largest geographic service area of any retail electric cooperative in the world. It has demonstrated non-stop dedication to bringing stable and efficient sources of electricity to homes, schools, clinics, water and sewer systems, businesses, and communications infrastructure in its member villages. AVEC operates 170 diesel generators throughout its service area and purchases over 8 million gallons of fuel annually. The generators produce electric power for member communities, running a cumulative total of more than 400,000 hours per year. In 2020, AVEC generated 121 million kWh in power sales. Each of AVEC’s 58 villages conducts an annual village meeting for the express purpose of electing a delegate to represent their community at AVEC’s Annual Cooperative Meeting held in Anchorage each March. At the Annual Meeting, the delegates discuss AVEC business and elect members to serve on the seven-member board of directors. AVEC and the local governments operate as a partnership. Under operating agreements with all member communities, local control is exercised. The village governments hire the plant operators and oversee the day-to-day operation of power generation plants. The AVEC Board of Directors and staff are committed to the on-going effort of increasing the efficiencies and effectiveness of power-producing facilities and distribution lines in all member villages. They believe that by improving the power generation and distribution in each community, they are helping to improve the future of all impacted residents. Since 2000, AVEC has reliably and responsibly spent over $299 million of grant funds and $37 million of AVEC’s own matching contributions to construct over 120 major projects. This includes 36 bulk fuel tank farm upgrades or replacements, 19 new diesel-fired power plants, 7 standby backup power plants, 22 (grant funded or AVEC funded) recovered heat systems, 14 wind farms (32 total wind turbines), 8 village-to-village interties, 1 photovoltaic (PV) solar array, and 33 other generation and distribution upgrades. Funding for these projects has come from the Denali Commission ($225 million), the Alaska Energy Authority ($38 million), USDA RUS direct awards ($14 million), USDE Office of Indian Energy ($4 million), and other grants ($18 million). AVEC has been awarded over 39 AEA grants, details for these grants are attached in Tab G. SECTION 11 – LIST OF SUPPORTING DOCUMENTATION FOR PRIOR PHASES In the space below, please provide a list of additional documents attached to support completion of prior phases. Not applicable. SECTION 12 – LIST OF ADDITIONAL DOCUMENTATION SUBMITTED FOR CONSIDERATION Renewable Energy Fund Round 14 Grant Application – Standard Form AEA 23001 Page 34 of 36 11/16/2021 In the space below, please provide a list of additional information submitted for consideration. Tab A – Resumes Tab B – Letters of Support Tab C – Heat Tab D – Authority Tab E – Electronic Application Tab F – Certification Tab G – Additional Materials (REF Round 14 Economic Evaluation Model; AVEC AEA Grant Summary) Tab A Resumes Tab B Letters of Support December 30, 2021 William R. Stamm, President & CEO Alaska Village Electric Cooperative, Inc. (AVEC) 4831 Eagle Street Anchorage, AK 99503 Re: Letter of Support for the Holy Cross Solar/Battery Reconnaissance and Feasibility Study REF Grant Application Dear Mr. Stamm, Doyon, Ltd understands that AVEC is seeking Alaska Energy Authority (AEA) Renewable Energy Fund (REF) grant funding for a solar/battery energy reconnaissance analysis and feasibility study in Holy Cross, AK. We believe this project is very important to the community of Holy Cross and would like to offer our support. The work will include assessing the potential photovoltaic (PV) capacity with battery storage in Holy Cross, with an exact size to be determined by the study. If the proposed analysis shows that solar energy is a viable energy resource in Holy Cross, AVEC could seek funding to prepare a final design, obtain permits and deploy a PV array and battery storage system. Doyon, Ltd. fully supports this study, as it will help determine if solar power has scalable potential in Holy Cross. A solar power generation system would be an economic benefit in our community of approximately 176 people currently experiencing high and unstable power costs. AVEC is welcome to include this letter in the grant application package. Sincerely, Aaron M. Schutt, President & CEO 122 1st Avenue Fairbanks, AK 99701 907-452-8251 www.tananachiefs.org January 10th 2022 Alaska Energy Authority Renewable Energy Fund 813 West Northern Lights Blvd. Anchorage, AK 99503 RE: AVEC application for Solar Photovoltaic and Battery Construction Dear Alaska Energy Authority: Please accept this letter of support from Tanana Chiefs Conference (TCC) regarding the Alaska Village Electric Cooperative’s application to Round 14 of the AEA Renewable Energy Fund for design of a solar photovoltaic (PV) and battery hybrid system. The type of system AVEC is proposing has already proved economically and technically feasible in the community of Shungnak and would result in substantial fuel and cost savings for the community as well as provide a replicable model for other villages to follow. TCC has worked extensively with the community in Holy Cross on extensive energy efficiency upgrades through the US Department of Energy’s Remote Alaskan Communities Energy Efficiency (RACEE) program, a solar energy projects, and heat recovery project to bring waste heat from the AVEC plant to supply the Holy Cross water/sewer building and city office. The AEA REF project described here is a logical and necessary progression of the past energy improvements being made by the community to enhance energy security and save diesel fuel. Tanana Chiefs Conference is the inter-tribal consortium representing 37 federally recognized tribes across Alaska’s interior. For the past 40 years, TCC has been a voice advocating for the priorities of interior villages and providing essential technical assistance to implement communities’ visions. Our program has significant and specialized experience working with rural energy projects in this region including assisting communities with several EPA DERA projects and solar PV design-builds over the past 8 years. With this letter we commit to working collaboratively with AVEC on the design process to ensure that any design can also be utilized in other TCC villages that are part of the AVEC system. Holy Cross is setting the standard in rural Alaska for cooperation among stakeholders as well as innovative energy projects that improve the local economy, enhance energy security and resiliency. As such, we strongly support this project. Sincerely, Dave Messier TCC Rural Energy Coordinator Dave.pm@tananachiefs.org December 28, 2021 William R. Stamm, President and CEO Alaska Village Electric Cooperative, Inc. (AVEC) 4831 Eagle Street Anchorage, AK 99503 Re: Letter of Support for the Holy Cross Solar/Battery Reconnaissance and Feasibility Study REF Grant Application Dear Mr. Stamm, The Iditarod Area School District understands that AVEC is seeking Alaska Energy Authority (AEA) Renewable Energy Fund (REF) grant funding for a solar/battery energy reconnaissance analysis and feasibility study in Holy Cross, AK. We believe this project is very important to the community of Holy Cross and would like to offer our support. The work will include assessing the potential photovoltaic (PV) capacity with battery storage in Holy Cross, with an exact size to be determined by the study. If the proposed analysis shows that solar energy is a viable energy resource in Holy Cross, AVEC could seek funding to prepare a final design, obtain permits and deploy a PV array and battery storage system. The Iditarod Area School District fully supports this study, as it will help determine if solar power has scalable potential in Holy Cross. A solar power generation system would be an economic benefit in our community of approximately 176 people currently experiencing high and unstable power costs. AVEC is welcome to include this letter in the grant application package. Sincerely, Helen Cheek Superintendent Iditarod Area School District Anvik Grayling McGrath Holy Cross Iditarod Distance Learning Center Nikolai Shageluk Takotna Iditarod Area School District PO Box 90 90 Chinana Road McGrath, Alaska 99627 907.524.1221 Tab C Heat Project Information No information provided in this section. Not applicable to this project. Tab D Authority Tab E Electronic Application Application was submitted electronically. Not applicable to this project. Tab F Certification Tab G Additional Materials ‐ AVEC AEA Grant Summary ‐ Evaluation Model Grant # / Application #No.Description Notes Year Funded Grant #2195244 Wind Turbine Foundation Design & Testing Project (DC project 27D Toksook Bay)Completed successfully; facilities now in service.2005 AES Grant #2195281 Chevak Wind Farm Project (DC project 29E)Completed successfully; facilities now in service.2007 AES Grant #2195412 Ambler Solar PV Construction Failed early feasibility evaluation, returned bulk of funds.2008 RD1 Grant #2195432 Bethel Wind Farm Completed successfully; facilities now in service.2008 RD1 Grant #2195413 Cosmos Hills Hydro Feasibility Completed successfully; feasibility only.2008 RD1 Grant #2195384 Mekoryuk Wind Farm Construction Completed successfully; facilities now in service.2008 RD1 Grant #2195431 Old Harbor Hydroelectric Final Design Completed successfully (design). FERC licensure in place.2008 RD1 Grant #2195383 Quinhagak Wind Farm Construction Completed successfully; facilities now in service.2008 RD1 Grant #2195385 Toksook Bay Wind Farm Expansion Construction Completed successfully; facilities now in service.2008 RD1 Grant #2195463 Shaktoolik Wind Construction Completed successfully; facilities now in service.2009 RD2 Grant #2195464 Teller Wind Analysis Completed successfully; feasibility only.2009 RD2 Grant #2195468 Emmonak/Alakanuk Wind Design and Construction Completed successfully; facilities now in service.2009 RD2 Grant #7030006 New Stuyahok Wind Analysis Completed successfully; feasibility only.2009 RD2 Grant #7030016 Kivalina Wind-Intertie Feasibility Analysis & Conceptual Design Completed successfully; feasibility only.2010 RD3 Grant #7040008 Stebbins Wind Feasibility Completed successfully; feasibility only.2011 RD4 Grant #7040014 Old Harbor Hydroelectric Project Completed successfully (design). FERC licensure in place.2011 RD4 Grant #7040017 St. Mary's/ Pitka's Point Wind Design and Construction Completed successfully; facilities now in service.2011 RD4 Grant #7040019 Eek Wind Feasibility Completed successfully; feasibility only.2011 RD4 Grant #7040021 Marshall Wind Feasibility Study Completed successfully; feasibility only.2011 RD4 Grant #7040022 Scammon Bay Wind Feasibility Completed successfully; feasibility only.2011 RD4 Grant #7040030 Selawik Hybrid Wind Diesel System Turbine Upgrade Assessment Completed successfully; feasibility only.2011 RD4 Grant #7040049 Kaltag Solar Construction Completed successfully; facilities now in service.2011 RD4 Grant #7040052 Koyuk Wind Feasibility Study Community declined to participate. Returned funding.2011 RD4 Grant #7040053 Elim Wind Feasibility Study Completed successfully; feasibility only.2011 RD4 Grant #7050870 Surplus Wind Energy Recovery for Mekoryuk Water System Heat Completed successfully; facilities now in service.2012 RD5 Grant #7050871 Shaktoolik Surplus Wind Energy Recovery for Water System Heat Completed successfully; facilities now in service.2012 RD5 Grant #7050875 Surplus Wind Energy Recovery for Chevak Water System Heat Completed successfully; facilities now in service.2012 RD5 Grant #7050876 Surplus Wind Energy Recovery for Gambell Water System Heat Completed successfully; facilities now in service.2012 RD5 Grant #7060939 Stebbins Heat Recovery Project Completed successfully; facilities now in service.2013 RD6 Grant #7071067 Mountain Village Wind Feasibility and Conceptual Design Completed successfully; feasibility only.2014 RD7 Grant #7071068 Stebbins St. Michael Wind Energy Final Design and Permitting Completed successfully; final design and permitting.2014 RD7 Grant #7081118 Bethel Power Plant Heat Recovery Assessment & Conceptual Design Completed successfully; feasibility and coceptual design.2015 RD8 Grant #7091223 Shishmaref Wind Energy Feasibility and CDR In progress. 2018 RD9 Grant #7091224 Mountain Village-St. Mary's Wind Intertie Project Completed successfully; facilities constructed. 2018 RD9 Grant #7110056 Togiak RPSU Completed successfully; facilities now in service.2017 Grant #7110082 Anvik DERA Replace Engine Position 3 Completed successfully; new engine commissioned and on-line.2019 Grant #7210025 Holy Cross BFU Completed successfully; facilities now in service.2017 Grant #7310305 Grid Bridging System Research and Development In progress.2019 Application #13002 Goodnews Bay Wind Energy Feasibility & Conceptual Design Project Currently waiting for AEA's authorization to proceed.2020 RD13 Application #13003 Kotlik Wind Energy Feasibility & Conceptual Design Project Currently waiting for AEA's authorization to proceed.2020 RD13 Renewable Energy Fund Economic Benefit-Cost Analysis Model Project Description Community Nearest Fuel Community Region RE Technology Project ID Applicant Name Project Title Results NPV Benefits $948,210.52 NPV Capital Costs $945,989 B/C Ratio 1.00 NPV Net Benefit $29,774 Performance Unit Value Displaced Electricity kWh per year 166,035 Displaced Electricity total lifetime kWh 4,150,875 Displaced Petroleum Fuel gallons per year 11,451 Displaced Petroleum Fuel total lifetime gallons 286,267 Displaced Natural Gas MCF per year - Displaced Natural Gas total lifetime MCF - Avoided CO2 tonnes per year 116 Avoided CO2 total lifetime tonnes 2,906 Proposed System Unit Value Capital Costs $1,000,000$ Project Start year 2025 Project Life years 25 Displaced Electric kWh per year 166,035 Displaced Heat gallons displaced per year Renewable Generation O&M (Electric)$ per year 6,000 Renewable Generation O&M (Heat)$ per year Diesels OFF time Hours per year 1,500 Electric Capacity kW 200 Electric Capacity Factor %9% Heating Capacity Btu/hr Heating Capacity Factor %#DIV/0! Total Other Public Benefit 2021$ (Total over the life of the project)0 Base System Size of impacted engines (select from list)$/hr Diesel Generator O&M 60-150kW 7.01$ Applicant's Diesel Generator Efficiency kWh per gallon 13 Total current annual diesel generation kWh/gallon 590,241 kWh (2020) 14.50 NOTICE: By default, this sheet is locked. If you need to unlock the sheet go to 'Review' in ribbon bar, select 'Unprotect Sheet', then input passcode: REFRound14 Holy Cross Holy Cross Rural Solar PV Alaska Village Electric Cooperative, Inc. Holy Cross Solar Array Diesel Generation Efficiency Annual Cost Savings Units Entered Value Project Capital Cost $ per year CALCULATION Electric Cost Savings $ per year CALCULATION Heating Cost Savings $ per year Entered Value Other Public Benefits $ per year CALCULATION Total Cost Savings $ per year CALCULATION Net Benefit $ per year Cumulative Cost Electric Units Enter Value if generation changes Renewable Generation kWh per year Entered Value Renewable scheduled replacement(s) (Electric) $ per year REFERENCE: Cell D34 Renewable O&M (Electric)$ per year Entered Value Renewable Electric Other costs $ per year Entered Value Renewable Fuel Use Quantity (Biomass)green tons Entered Value Renewable Fuel Cost $ per unit CALCULATION Total Renewable Fuel Cost (Electric)$ per year Proposed Generation Cost (Electric)$ per year REFERENCE: Cell D32 Displaced Fossil Fuel Generation kWh per year REFERENCE: Worksheet 'Diesel Fuel Prices'Displaced Fuel Price $ per gallon Enter Value if Diesels are OFF Displaced Scheduled component replacement(s) $ per year CALCULATION Displaced O&M $ per year CALCULATION Displaced Fuel Use gallons per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Generation Displaced Cost $ per year Heating Units Entered Value Renewable scheduled replacement(s)$ per year REFERENCE: Cell D35 Renewable Heat O&M $ per year Entered Value Renewable Heat Other costs $ per year Entered Value Renewable Fuel Use Quantity (Heat)green tons/kWh/etc. Entered Value Renewable Fuel Cost (Heat)$ per unit CALCULATION Total Renewable Fuel Cost (Heat)$ per year CALCULATION Proposed Generation Cost (Heat)$ per year REFERENCE: Cell D33 Displaced Fossil Fuel Use gallons per year Entered Value Displaced Fossil Fuel Price $ per gallon Entered Value Displaced Scheduled component replacement(s) $ per year Entered Value Displaced O&M $ per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Heating Displaced Cost $ per year Base Proposed Base Proposed 4 5 6 7 8 2021 2022 2023 2024 2025 120,000$ 880,000$ -$ -$ -$ -$ 54,089$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 54,089$ -$ -$ (120,000)$ (880,000)$ 54,089$ 120,000 1,000,000 945,911 2021 2022 2023 2024 2025 ----166,035 -$ -$ -$ -$ 6,000$ 3.50$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 6,000$ ----166,035 3.97$ 4.03$ 4.14$ 4.22$ 4.33$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 10,515$ ----11,451 -$ -$ -$ -$ 49,575$ -$ -$ -$ -$ 60,089$ 2021 2022 2023 2024 2025 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ----- -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Annual Cost Savings Units Entered Value Project Capital Cost $ per year CALCULATION Electric Cost Savings $ per year CALCULATION Heating Cost Savings $ per year Entered Value Other Public Benefits $ per year CALCULATION Total Cost Savings $ per year CALCULATION Net Benefit $ per year Cumulative Cost Electric Units Enter Value if generation changes Renewable Generation kWh per year Entered Value Renewable scheduled replacement(s) (Electric) $ per year REFERENCE: Cell D34 Renewable O&M (Electric)$ per year Entered Value Renewable Electric Other costs $ per year Entered Value Renewable Fuel Use Quantity (Biomass)green tons Entered Value Renewable Fuel Cost $ per unit CALCULATION Total Renewable Fuel Cost (Electric)$ per year Proposed Generation Cost (Electric)$ per year REFERENCE: Cell D32 Displaced Fossil Fuel Generation kWh per year REFERENCE: Worksheet 'Diesel Fuel Prices'Displaced Fuel Price $ per gallon Enter Value if Diesels are OFF Displaced Scheduled component replacement(s) $ per year CALCULATION Displaced O&M $ per year CALCULATION Displaced Fuel Use gallons per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Generation Displaced Cost $ per year Heating Units Entered Value Renewable scheduled replacement(s)$ per year REFERENCE: Cell D35 Renewable Heat O&M $ per year Entered Value Renewable Heat Other costs $ per year Entered Value Renewable Fuel Use Quantity (Heat)green tons/kWh/etc. Entered Value Renewable Fuel Cost (Heat)$ per unit CALCULATION Total Renewable Fuel Cost (Heat)$ per year CALCULATION Proposed Generation Cost (Heat)$ per year REFERENCE: Cell D33 Displaced Fossil Fuel Use gallons per year Entered Value Displaced Fossil Fuel Price $ per gallon Entered Value Displaced Scheduled component replacement(s) $ per year Entered Value Displaced O&M $ per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Heating Displaced Cost $ per year Base Proposed Base Proposed 9 10 11 12 13 2026 2027 2028 2029 2030 55,092$ 55,819$ 56,505$ 57,151$ 57,759$ -$ -$ -$ -$ -$ 55,092$ 55,819$ 56,505$ 57,151$ 57,759$ 55,092$ 55,819$ 56,505$ 57,151$ 57,759$ 890,818 835,000 778,495 721,343 663,584 2026 2027 2028 2029 2030 166,035 166,035 166,035 166,035 166,035 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ -$ -$ -$ -$ -$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 166,035 166,035 166,035 166,035 166,035 4.42$ 4.48$ 4.54$ 4.60$ 4.65$ -$ -$ -$ -$ 10,515$ 10,515$ 10,515$ 10,515$ 10,515$ 11,451 11,451 11,451 11,451 11,451 50,578$ 51,304$ 51,990$ 52,637$ 53,245$ 61,092$ 61,819$ 62,505$ 63,151$ 63,759$ 2026 2027 2028 2029 2030 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ----- -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Annual Cost Savings Units Entered Value Project Capital Cost $ per year CALCULATION Electric Cost Savings $ per year CALCULATION Heating Cost Savings $ per year Entered Value Other Public Benefits $ per year CALCULATION Total Cost Savings $ per year CALCULATION Net Benefit $ per year Cumulative Cost Electric Units Enter Value if generation changes Renewable Generation kWh per year Entered Value Renewable scheduled replacement(s) (Electric) $ per year REFERENCE: Cell D34 Renewable O&M (Electric)$ per year Entered Value Renewable Electric Other costs $ per year Entered Value Renewable Fuel Use Quantity (Biomass)green tons Entered Value Renewable Fuel Cost $ per unit CALCULATION Total Renewable Fuel Cost (Electric)$ per year Proposed Generation Cost (Electric)$ per year REFERENCE: Cell D32 Displaced Fossil Fuel Generation kWh per year REFERENCE: Worksheet 'Diesel Fuel Prices'Displaced Fuel Price $ per gallon Enter Value if Diesels are OFF Displaced Scheduled component replacement(s) $ per year CALCULATION Displaced O&M $ per year CALCULATION Displaced Fuel Use gallons per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Generation Displaced Cost $ per year Heating Units Entered Value Renewable scheduled replacement(s)$ per year REFERENCE: Cell D35 Renewable Heat O&M $ per year Entered Value Renewable Heat Other costs $ per year Entered Value Renewable Fuel Use Quantity (Heat)green tons/kWh/etc. Entered Value Renewable Fuel Cost (Heat)$ per unit CALCULATION Total Renewable Fuel Cost (Heat)$ per year CALCULATION Proposed Generation Cost (Heat)$ per year REFERENCE: Cell D33 Displaced Fossil Fuel Use gallons per year Entered Value Displaced Fossil Fuel Price $ per gallon Entered Value Displaced Scheduled component replacement(s) $ per year Entered Value Displaced O&M $ per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Heating Displaced Cost $ per year Base Proposed Base Proposed 14 15 16 17 18 2031 2032 2033 2034 2035 58,329$ 58,861$ 59,356$ 59,815$ 60,238$ -$ -$ -$ -$ -$ 58,329$ 58,861$ 59,356$ 59,815$ 60,238$ 58,329$ 58,861$ 59,356$ 59,815$ 60,238$ 605,256 546,395 487,039 427,225 366,987 2031 2032 2033 2034 2035 166,035 166,035 166,035 166,035 166,035 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ -$ -$ -$ -$ -$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 166,035 166,035 166,035 166,035 166,035 4.70$ 4.75$ 4.79$ 4.83$ 4.87$ -$ -$ -$ -$ 10,515$ 10,515$ 10,515$ 10,515$ 10,515$ 11,451 11,451 11,451 11,451 11,451 53,814$ 54,346$ 54,841$ 55,300$ 55,723$ 64,329$ 64,861$ 65,356$ 65,815$ 66,238$ 2031 2032 2033 2034 2035 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ----- -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Annual Cost Savings Units Entered Value Project Capital Cost $ per year CALCULATION Electric Cost Savings $ per year CALCULATION Heating Cost Savings $ per year Entered Value Other Public Benefits $ per year CALCULATION Total Cost Savings $ per year CALCULATION Net Benefit $ per year Cumulative Cost Electric Units Enter Value if generation changes Renewable Generation kWh per year Entered Value Renewable scheduled replacement(s) (Electric) $ per year REFERENCE: Cell D34 Renewable O&M (Electric)$ per year Entered Value Renewable Electric Other costs $ per year Entered Value Renewable Fuel Use Quantity (Biomass)green tons Entered Value Renewable Fuel Cost $ per unit CALCULATION Total Renewable Fuel Cost (Electric)$ per year Proposed Generation Cost (Electric)$ per year REFERENCE: Cell D32 Displaced Fossil Fuel Generation kWh per year REFERENCE: Worksheet 'Diesel Fuel Prices'Displaced Fuel Price $ per gallon Enter Value if Diesels are OFF Displaced Scheduled component replacement(s) $ per year CALCULATION Displaced O&M $ per year CALCULATION Displaced Fuel Use gallons per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Generation Displaced Cost $ per year Heating Units Entered Value Renewable scheduled replacement(s)$ per year REFERENCE: Cell D35 Renewable Heat O&M $ per year Entered Value Renewable Heat Other costs $ per year Entered Value Renewable Fuel Use Quantity (Heat)green tons/kWh/etc. Entered Value Renewable Fuel Cost (Heat)$ per unit CALCULATION Total Renewable Fuel Cost (Heat)$ per year CALCULATION Proposed Generation Cost (Heat)$ per year REFERENCE: Cell D33 Displaced Fossil Fuel Use gallons per year Entered Value Displaced Fossil Fuel Price $ per gallon Entered Value Displaced Scheduled component replacement(s) $ per year Entered Value Displaced O&M $ per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Heating Displaced Cost $ per year Base Proposed Base Proposed 19 20 21 22 23 2036 2037 2038 2039 2040 60,625$ 60,978$ 61,295$ 61,579$ 61,828$ -$ -$ -$ -$ -$ 60,625$ 60,978$ 61,295$ 61,579$ 61,828$ 60,625$ 60,978$ 61,295$ 61,579$ 61,828$ 306,362 245,385 184,089 122,511 60,683 2036 2037 2038 2039 2040 166,035 166,035 166,035 166,035 166,035 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ -$ -$ -$ -$ -$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 166,035 166,035 166,035 166,035 166,035 4.90$ 4.93$ 4.96$ 4.98$ 5.01$ -$ -$ -$ -$ -$ 10,515$ 10,515$ 10,515$ 10,515$ 10,515$ 11,451 11,451 11,451 11,451 11,451 56,111$ 56,463$ 56,781$ 57,064$ 57,313$ 66,625$ 66,978$ 67,295$ 67,579$ 67,828$ 2036 2037 2038 2039 2040 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ----- -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Annual Cost Savings Units Entered Value Project Capital Cost $ per year CALCULATION Electric Cost Savings $ per year CALCULATION Heating Cost Savings $ per year Entered Value Other Public Benefits $ per year CALCULATION Total Cost Savings $ per year CALCULATION Net Benefit $ per year Cumulative Cost Electric Units Enter Value if generation changes Renewable Generation kWh per year Entered Value Renewable scheduled replacement(s) (Electric) $ per year REFERENCE: Cell D34 Renewable O&M (Electric)$ per year Entered Value Renewable Electric Other costs $ per year Entered Value Renewable Fuel Use Quantity (Biomass)green tons Entered Value Renewable Fuel Cost $ per unit CALCULATION Total Renewable Fuel Cost (Electric)$ per year Proposed Generation Cost (Electric)$ per year REFERENCE: Cell D32 Displaced Fossil Fuel Generation kWh per year REFERENCE: Worksheet 'Diesel Fuel Prices'Displaced Fuel Price $ per gallon Enter Value if Diesels are OFF Displaced Scheduled component replacement(s) $ per year CALCULATION Displaced O&M $ per year CALCULATION Displaced Fuel Use gallons per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Generation Displaced Cost $ per year Heating Units Entered Value Renewable scheduled replacement(s)$ per year REFERENCE: Cell D35 Renewable Heat O&M $ per year Entered Value Renewable Heat Other costs $ per year Entered Value Renewable Fuel Use Quantity (Heat)green tons/kWh/etc. Entered Value Renewable Fuel Cost (Heat)$ per unit CALCULATION Total Renewable Fuel Cost (Heat)$ per year CALCULATION Proposed Generation Cost (Heat)$ per year REFERENCE: Cell D33 Displaced Fossil Fuel Use gallons per year Entered Value Displaced Fossil Fuel Price $ per gallon Entered Value Displaced Scheduled component replacement(s) $ per year Entered Value Displaced O&M $ per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Heating Displaced Cost $ per year Base Proposed Base Proposed 24 25 26 27 28 2041 2042 2043 2044 2045 62,043$ 62,225$ 62,373$ 62,488$ 62,488$ -$ -$ -$ -$ -$ 62,043$ 62,225$ 62,373$ 62,488$ 62,488$ 62,043$ 62,225$ 62,373$ 62,488$ 62,488$ -1,361 -63,586 -125,959 -188,447 -250,934 2041 2042 2043 2044 2045 166,035 166,035 166,035 166,035 166,035 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ -$ -$ -$ -$ -$ 6,000$ 6,000$ 6,000$ 6,000$ 6,000$ 166,035 166,035 166,035 166,035 166,035 5.02$ 5.04$ 5.05$ 5.06$ 5.06$ -$ -$ -$ -$ -$ 10,515$ 10,515$ 10,515$ 10,515$ 10,515$ 11,451 11,451 11,451 11,451 11,451 57,529$ 57,710$ 57,859$ 57,973$ 57,973$ 68,043$ 68,225$ 68,373$ 68,488$ 68,488$ 2041 2042 2043 2044 2045 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ----- -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Annual Cost Savings Units Entered Value Project Capital Cost $ per year CALCULATION Electric Cost Savings $ per year CALCULATION Heating Cost Savings $ per year Entered Value Other Public Benefits $ per year CALCULATION Total Cost Savings $ per year CALCULATION Net Benefit $ per year Cumulative Cost Electric Units Enter Value if generation changes Renewable Generation kWh per year Entered Value Renewable scheduled replacement(s) (Electric) $ per year REFERENCE: Cell D34 Renewable O&M (Electric)$ per year Entered Value Renewable Electric Other costs $ per year Entered Value Renewable Fuel Use Quantity (Biomass)green tons Entered Value Renewable Fuel Cost $ per unit CALCULATION Total Renewable Fuel Cost (Electric)$ per year Proposed Generation Cost (Electric)$ per year REFERENCE: Cell D32 Displaced Fossil Fuel Generation kWh per year REFERENCE: Worksheet 'Diesel Fuel Prices'Displaced Fuel Price $ per gallon Enter Value if Diesels are OFF Displaced Scheduled component replacement(s) $ per year CALCULATION Displaced O&M $ per year CALCULATION Displaced Fuel Use gallons per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Generation Displaced Cost $ per year Heating Units Entered Value Renewable scheduled replacement(s)$ per year REFERENCE: Cell D35 Renewable Heat O&M $ per year Entered Value Renewable Heat Other costs $ per year Entered Value Renewable Fuel Use Quantity (Heat)green tons/kWh/etc. Entered Value Renewable Fuel Cost (Heat)$ per unit CALCULATION Total Renewable Fuel Cost (Heat)$ per year CALCULATION Proposed Generation Cost (Heat)$ per year REFERENCE: Cell D33 Displaced Fossil Fuel Use gallons per year Entered Value Displaced Fossil Fuel Price $ per gallon Entered Value Displaced Scheduled component replacement(s) $ per year Entered Value Displaced O&M $ per year CALCULATION Displaced Fuel Cost $ per year CALCULATION Base Heating Displaced Cost $ per year Base Proposed Base Proposed 29 30 31 32 33 2046 2047 2048 2049 2050 62,488$ 62,488$ 62,488$ 62,488$ -$ -$ -$ -$ -$ -$ 62,488$ 62,488$ 62,488$ 62,488$ -$ 62,488$ 62,488$ 62,488$ 62,488$ -$ -313,422 -375,910 -438,398 -500,886 2046 2047 2048 2049 2050 166,035 166,035 166,035 166,035 - 6,000$ 6,000$ 6,000$ 6,000$ -$ -$ -$ -$ -$ -$ 6,000$ 6,000$ 6,000$ 6,000$ -$ 166,035 166,035 166,035 166,035 - 5.06$ 5.06$ 5.06$ 5.06$ 5.06$ -$ -$ -$ -$ -$ 10,515$ 10,515$ 10,515$ 10,515$ -$ 11,451 11,451 11,451 11,451 - 57,973$ 57,973$ 57,973$ 57,973$ -$ 68,488$ 68,488$ 68,488$ 68,488$ -$ 2046 2047 2048 2049 2050 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ ----- -$ -$ -$ -$ -$ -$ -$ -$ -$ -$