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HomeMy WebLinkAboutTDX Power AEA Grant Application Adak Hydro Application Forms and Instructions This instruction page and the following grant application constitutes the Grant Application Form for Round VIII of the Renewable Energy Fund. A separate application form is available for projects with a primary purpose of producing heat (see RFA section 1.5). This is the standard form for all other projects, including projects that will produce heat and electricity. An electronic version of the Request for Applications (RFA) and both application forms is available online at: http://www.akenergyauthority.org/REFund8.html. • If you need technical assistance filling out this application, please contact Shawn Calfa, the Alaska Energy Authority Grants Administrator at (907) 771-3031 or at scalfa@aidea.org. • If you are applying for grants for more than one project, provide separate application forms for each project. • Multiple phases for the same project may be submitted as one application. • If you are applying for grant funding for more than one phase of a project, provide milestones and grant budget for each phase of the project. • In order to ensure that grants provide sufficient benefit to the public, AEA may limit recommendations for grants to preliminary development phases in accordance with 3 ACC 107.605(1). • If some work has already been completed on your project and you are requesting funding for an advanced phase, submit information sufficient to demonstrate that the preceding phases are completed and funding for an advanced phase is warranted. • If you have additional information or reports you would like the Authority to consider in reviewing your application, either provide an electronic version of the document with your submission or reference a web link where it can be downloaded or reviewed. • In the sections below, please enter responses in the spaces provided, often under the section heading. You may add additional rows or space to the form to provide sufficient space for the information, or attach additional sheets if needed. REMINDER: • Alaska Energy Authority is subject to the Public Records Act AS 40.25, and materials submitted to the Authority may be subject to disclosure requirements under the act if no statutory exemptions apply. • All applications received will be posted on the Authority web site after final recommendations are made to the legislature. • In accordance with 333 (b) Applicants may request trade secrets or proprietary company data be kept confidential subject to review and approval by the Authority. If you want information is to be kept confidential the applicant must: o Request the information be kept confidential. o Clearly identify the information that is the trade secret or proprietary in their application. o Receive concurrence from the Authority that the information will be kept confidential. If the Authority determines it is not confidential it will be treated as a public record in accordance with AS 40.25 or returned to the applicant upon request. SECTION 1 – APPLICANT INFORMATION Name (Name of utility, IPP, or government entity submitting proposal) TDX Power, Inc Type of Entity: Fiscal Year End: Corporation September 30 Tax ID # 92-0167220 Tax Status: x For-profit ☐ Non-profit ☐ Government (check one) Date of last financial statement audit: September 30, 2013 Mailing Address: Physical Address: 615 E 82nd Avenue, Suite 200, 615 E 82nd Avenue, Suite 200, Anchorage AK 99518 Anchorage AK 99518 Telephone: Fax: Email: 907 762 8450 907 562 0387 1.1 APPLICANT POINT OF CONTACT / GRANTS MANAGER Name: Title: Kord Christianson President, TDX Power Mailing Address: 615 E 82nd Avenue, Suite 200, Anchorage AK 99518 Telephone: Fax: Email: 907 762 8450 907 562 0387 kord@tdxpower.com 1.1.1 APPLICANT ALTERNATE POINTS OF CONTACT Name Telephone: Fax: Email: 1.2 APPLICANT MINIMUM REQUIREMENTS Please check as appropriate. If you do not to meet the minimum applicant requirements, your application will be rejected. 1.2.1 As an Applicant, we are: (put an X in the appropriate box) X An electric utility holding a certificate of public convenience and necessity under AS 42.05, or ☐ An independent power producer in accordance with 3 AAC 107.695 (a) (1), or ☐ A local government, or ☐ A governmental entity (which includes tribal councils and housing authorities) 1.2 APPLICANT MINIMUM REQUIREMENTS (continued) Please check as appropriate. X 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 by checking the box) X 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 by checking the box) X 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 http://www.akenergyauthority.org/REFund8.html. (Any exceptions should be clearly noted and submitted with the application.) (Indicate by checking the box) X 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) SECTION 2 – PROJECT SUMMARY This section is intended to be no more than a 2-3 page overview of your project. 2.1 Project Title – (Provide a 4 to 7 word title for your project). Type in space below. Adak Hydroelectric Feasibility Study – Phase II 2.2 Project Location – Include the physical location of your project and name(s) of the community or communities that will benefit from your project in the subsections below. 2.2.1 Location of Project – Latitude and longitude, 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 at 907-771-3031. Adak is the southern-most community in Alaska, on the latitude of Vancouver Island in Canada. The former Navy Air Facility Adak is located off the Alaskan mainland near the center of the Aleutian chain, approximately 1,200 miles west-southwest of Anchorage, Alaska. Flight time to Anchorage is three hours. Adak Island’s coordinates are latitude 51°53‟0" N, at longitude 176° 38‟46" W. The Bering Sea surrounds the island to the north and the Pacific Ocean to the south. Adak is located in the Aleutian Islands Recording District. The area encompasses 122.4 sq. miles of land and 4.9 sq. miles of water. 2.2.2 Community benefiting – Name(s) of the community or communities that will be the beneficiaries of the project. Adak, Alaska 2.3 PROJECT TYPE Put X in boxes as appropriate 2.3.1 Renewable Resource Type ☐ Wind ☐ Biomass or Biofuels (excluding heat-only) X 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 X Feasibility and Conceptual Design ☐ Construction 2.4 PROJECT DESCRIPTION Provide a brief one paragraph description of the proposed project. The project builds on existing reconnaissance level engineering work recently completed for a hydroelectric power plant in Adak, and makes use of Adak’s existing infrastructure such as dams, access roads, and possibly an existing penstock. The reconnaissance studies show that a series of alpine lakes in the immediate vicinity of the city have the potential to displace the diesel power plant as the primary energy source for Adak. Resource availability, engineering considerations, land ownership and permitting issues were all considered. The diesel power plant would still be required for backup, and would be available to parallel with the hydroelectric facility during high load conditions. TDX‟s engineering feasibility studies will focus on two areas; • Quantifying the hydroelectric potential. Work will include a detailed mapping and hydrology studies, a permitting evaluation including onsite studies and agency consultations, assessment of alternatives, a detailed cost analysis for the selected project and development timeline; and, • Interconnection requirements for integration with the utility, including analysis and selection of optimum generator and hydro-turbine size, type, and configuration; identification of requirements for paralleling switchgear and controls, and all other major power system components 2.5 PROJECT BENEFIT Briefly discuss the financial and public benefits that will result from this project, (such as reduced fuel costs, lower energy costs, local jobs created, etc.) TDX and its subsidiary TAG are at a crossroads, considering various options for renewal or replacement of the existing power plant. Concurrent development of a hydroelectric plant could impact the size of diesel gensets, selection of switchgear and other controls equipment, and urgency of the project. Now is the time to advance design of a hybrid power system in Adak in order to maximize operating efficiency in the years to come. A hydroelectric-diesel hybrid power system would stabilize the cost of power for all of TAG‟s ratepayers. Further, by replacing the grossly oversized diesel power plant, the hydroelectric facility would provide a safer, more reliable power source for the community. The project has the potential to help revitalize the community of Adak by eliminating one of the major hurdles to commercial investment in the region – high, volatile energy prices. Adak’s electricity rates are among the highest in the state, currently $1.394/kWh, including the COPA. The commercial demand rate is $130.38/kw of demand. A back pressure hydroelectric power project could reduce the 217,500 gallons of diesel used in 2013 by TAG by up to 30%. These drastic fuel savings would result in substantial savings to TAG ratepayers and to the State of Alaska through reduced PCE payments. In 2013, the State contributed $330,916.00 to TAG‟s ratepayers through the PCE program. 2.6 PROJECT BUDGET OVERVIEW Briefly discuss the amount of funds needed, the anticipated sources of funds, and the nature and source of other contributions to the project. $ 85,000.00 is required to complete a next step in the feasibility study pre CDR of a hydroelectric- diesel hybrid power system. This alternative utilizes the city water source to develop a powerhouse at pressure reducing valve #1 (PRV-1) and is requesting the funding from the Alaska Energy Authority (the Authority) with a TDX Power match. Other contributions to the investment in Adak‟s hydroelectric potential includes the following: • Aleut Corporation conducted hydrology surveys • City of Adak has invested in dam safety and maintenance • Navy invested heavily installing dams, roads and power distribution infrastructure TDX Power and the Alaska Energy Authority have invested in a reconnaissance study 2.7 COST AND BENEFIT SUMMARY Include a summary of grant request and your project’s total costs and benefits below. Costs for the Current Phase Covered by this Grant (Summary of funds requested) 2.7.1 Grant Funds Requested in this application $ 85,000.00 2.7.2 Cash match to be provided 2.7.3 In-kind match to be provided $ 2.7.4 Other grant funds to be provided $ 2.7.5 Total Costs for Requested Phase of Project (sum of 2.7.1 through 2.7.4) $ 85,000.00 Other items for consideration 2.7.6 Other grant applications not yet approved $ Project Costs & Benefits (Summary of total project costs including work to date and future cost estimates to get to a fully operational project) 2.7.7 Total Project Cost Summary from Cost Worksheet, Section 4.4.4, including estimates through construction. $ 1.2-1.4m 2.7.8 Additional Performance Monitoring Equipment not covered by the project but required for the Grant Only applicable to construction phase projects $ 2.7.9 Estimated Direct Financial Benefit (Savings) The economic model used by AEA is available at www.akenergyauthority.org/REFund8.html. This economic model may be used by applicants but is not required. Other economic models developed by the applicant may be used, however the final benefit/cost ratio used will be derived from the AEA model to ensure a level playing field for all applicants. $ 715,000/year ( Fuel Savings) 2.7.10 Other Public Benefit If you can calculate the benefit in terms of dollars please provide that number here and explain how you calculated that number in Section 5 below. $ N/A SECTION 3 – PROJECT MANAGEMENT PLAN Describe who will be responsible for managing the project and provide a plan for successfully completing the project within the scope, schedule and budget proposed in the application. 3.1 Project Manager Tell us who will be managing the project for the Grantee and include contact information, a resume and references for the manager(s). In the electronic submittal, please submit resumes as separate PDFs if the applicant would like those excluded from the web posting of this application. 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. John Lyons will be the Project Manager. Mr. Lyons resume is attached to this application 3.2 Project Schedule and Milestones Please fill out the schedule below. Be sure to identify key tasks and decision points in 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 of your proposed project. Please fill out form provided below. You may add additional rows as needed. Milestones Tasks Start Date End Date Project scoping, solicit consultants, gather resources July 2015 August 2015 Confirm the previously identified land and regulatory issues, collect hydrology and electrical load data. Sept 2015 Nov 2015 Pre-feasibility study, including the items listed above as well as detailed energy resource analysis, detailed analysis of existing and future energy costs and markets, and an assessment of the alternatives. Dec 2015 Delivera ble Permitting site visit and findings. Review concept based on environmental findings. Perform design analysis and detailed cost estimate for the proposed alternative. Develop detailed economic and financial analysis, conceptual business and operations plan. Jan 2016 March 2016 Final Feasibility Study, including all items mentioned above as well as recommendations April 2106 Delivera ble 3.3 Project Resources Describe the personnel, contractors, personnel or firms, equipment, and services you will use to accomplish the project. Include any partnerships or commitments with other entities you have or anticipate will be needed to complete your project. Describe any existing contracts and the selection process you may use for major equipment purchases or contracts. Include brief resumes and references for known, key personnel, contractors, and suppliers as an attachment to your application. TDX Power will use internal personnel to manage the project and perform electrical and mechanical engineering tasks. The TDX team will conduct the following: • analyze and define appropriate interconnection requirements; and, • evaluate and specify size, type of generation, switching, communications and system controls equipment required for an integrated hydro-diesel hybrid power system. TDX is committed to working with the local stakeholders, including the Aleut Corporation, and the City of Adak. Resumes of key personnel are attached. 3.4 Project Communications Discuss how you plan to monitor the project and keep the Authority informed of the status. Please provide an alternative contact person and their contact information. TDX Power‟s Project Manager will provide direct oversight of all aspects of the project and will provide monthly or quarterly status reports by email (or other method allowed by the Authority, if email is not available) to the Authority’s Project Manager. The report will update the Authority on the Project’s progress, regulatory and compliance issues, possible delays, and grant expenditures during the quarter. The Progress Reports will summarize, in one or two pages, the progress made on grant tasks during the previous period and identify any difficulties in completing tasks or meeting goals or deadlines. TDX will also include with the report copies of any work products due to the Authority during this period. 3.5 Project Risk Discuss potential problems and how you would address them. The project is low-risk, in terms of budget, timeline, and product. Typically, maritime weather and the remote location are primary project risks in Adak and surrounding areas. However, since the project is only planned through the feasibility phase, minimal equipment or logistical challenges are expected. Local stakeholders, the Aleut Corporation and the City of Adak support renewable energy development and will endeavor to create an atmosphere of success. If any unidentified conflicts arise the TDX Project Manager will immediately address all concerns and communicate possible resolutions with all stakeholders and the Authority. 3.6 Project Accountant(s) Tell us who will be performing the accounting of this Project for the Grantee and include contact information, a resume and references for the project accountant(s). In the electronic submittal, please submit resumes as separate PDFs if the applicant would like those excluded from the web posting of this application. If the applicant does not have a project accountant indicate how you intend to solicit project management support. Laura Bain, Controller - See attached resume Kristin, Canaday, Accountant – See attached resume 3.7 Financial Accounting System Discuss the accounting system that will be used to account for project costs and whom will be the primary user of the accounting system. The Accounting System: Viewpoint software which specializes in project cost accounting. Primary Users: Laura Bain & Kristin Canaday 3.8 Financial Management Controls Discuss 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 Renewable Energy Fund Grant Program. TDX Power Finance performs GAAP accounting. All staff is very experienced in financial controls. TDX Power has had a number of other successful grants. Because of experience with government contracts TDX Power accounting staff has knowledge of FARS. This includes having an understanding of what are allowable and unallowable costs. Staff will become very familiar with and committed to the grant terms in order to adhere to the proper controls. ECTION 4 – PROJECT DESCRIPTION AND TASKS The level of information will vary according to phase(s) of the project you propose to undertake with grant funds. If some work has already been completed on your project and you are requesting funding for an advanced phase, submit information sufficient to demonstrate that the preceding phases are satisfied and funding for an advanced phase is warranted. 4.1 Proposed Energy Resource Describe the potential extent/amount of the energy resource that is available. Discuss 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. 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. Based on the results of the Adak Diesel Hybrid Reconnaissance Report hydroelectric power has the best potential to compete with diesel generation in Adak. A series of elevated lakes near Adak were dammed by the Navy, and Lake Bonnie Rose (surface elevation 739 feet) has an existing penstock to town that serves as the city’s drinking water source. The topography, hydrology, and existing infrastructure all add up to a good hydroelectric potential. Hydroelectric technologies are commercially mature and could likely be used effectively in Adak. Based on the existing infrastructure and the presence of lakes for storage, hydroelectric power using the back pressure hydro replacing the PRV-1 valve has the potential to displace 30% of Adak’s diesel fuel use. To transport the power back to the city, a new three phase transmission line will be required from the powerhouse to the south side of town adjacent to the small boat harbor. This transmission line is designed to be approximately 1 .6 miles long. Currently, there is a steel pipeline that follows this exact routing of the city's water supply pipeline. This water supply pipeline is estimated to have been installed during World War II, with minimal upgrades since and is reaching the end of its useful life. One of the key benefits of this Alternative feasibility will be to determine life expectancy of the existing line and a replacement cost of a new pipeline with a new penstock serving both the city water supply and power production. The new hydro electric plant will be located adjacent to the existing PRV-1 station. The hydro plant would be connected to the existing 10 inch raw City water line that supplies water to the community and citizens of Adak. The new hydro facility would consist of one back pressure hydro similar to the Canyon Industries 75 kw capacity generating unit. The project takes advantage of Lake Bonnie Rose water shed with an elevation of 739ft with storage and water shed of nearly 2 square miles to provide water to the reservoir and lake. In order to integrate the new hydro electric plant, the diesel plant and the TDX utility electrical network, a new transmission line will need to be installed from the PRV-1 new hydro plant, along the road, to the south side of town near the small boat harbor. If it is assumed the powerhouse will have an operation time of 80%, the system will be capable of generating approximately 700 MWh annually. If Adak is expecting to attract economic growth, the hydro electric plant will save nearly 30% of the cost to generate power on a per kWh basis as compared to Beyond potential new businesses, current base businesses such as the fish processing plant, which is currently dosed, are likely to come on line and use power under these costs. The fish processing plant in the past, under a prior owner, used over a MW of power during peak periods seasonally, but generated off line. Renewable energy is more cost efficient than the existing diesel generating system. The price of hydrocarbons is likely to increase in the future, which would impact the cost of operating a diesel- based power system. 4.2 Existing Energy System 4.2.1 Basic configuration of Existing Energy System Briefly discuss the basic configuration of the existing energy system. Include information about the number, size, age, efficiency, and type of generation. The diesel generator based power plant is located on the south side of the airport opposite the major loads. The power system was built in phases, beginning in the 1950s, to accommodate a growing military operation. The oldest switchgear section, the “2400 Volt Bus,” contains three (3) Caterpillar 3516 engines (Generators 3, 4, and 5), each rated at 800kW, 2400 volts. These are the primary generators. Each genset has in excess of 30,000 hours runtime and all are due for complete overhaul. Based on FY2010 the diesel generator sets average 9.28 kWh/gallon efficiency. The manually controlled generator switchgear includes Woodward governors and loadshare modules. Fuel injection is mechanical. The governors and load-share modules, circa 1982, could potentially by reused in a new switchgear lineup, but more likely all new equipment would be installed. A new diesel generator set Caterpillar engine 3456 rated at 450kwe was installed in 2013. This is the utilities primary generator set and is being operated out the old previously Navy owned power plant ID #3. The utility is currently exploring options to move out of the old military occupied power plant because of the ineffeicies, the high levels of environmental contaminations – oil, asbestos, lead paint, leaking roofs etc. The intent is to right size the new plant and equipment to meet the current conditions while providing room for future expansion. Distribution wiring is mainly copper. Routing is largely buried, but significant sections of the city utilize overhead distribution. The effects of Adak’s harsh weather can be seen in the condition of transformers, power poles, and junction boxes, many of which do, or will soon, require replacement. As can be expected with such an old system, changes over time have not been properly documented on the as-built drawings. Also, large sections of the distribution system have been disconnected and abandoned in place due to a lack of use. 4.2.2 Existing Energy Resources Used Briefly discuss your understanding of the existing energy resources. Include a brief discussion of any impact the project may have on existing energy infrastructure and resources. Adak is well situated to make use of local renewable energy sources. Located on the border between the Bering Sea and the North Pacific Ocean, Adak is home to strong, consistent winds. Located on a volcanic island, near-surface geothermal resources may be located nearby. Located on a mountainous hillside near several natural lakes, the potential clearly exists to develop hydroelectric power. Based on previous study hydroelectric potential is the most promising local energy resource. The community of Adak supports the development of renewable energy as a way of stabilizing and possibly reducing the cost of energy in their community. TDX has been working with the City of Adak and the Aleut Corporation to develop plans that address local views and concerns. The integration of renewable power systems with the existing infrastructure will need to be addressed in order to properly and efficiently size and control all generating assets. The utility‟s renewal and replacement strategy should consider integration with generating facilities outside the diesel power plant. An emphasis on uncomplicated systems will help improve operating efficiency over the long term. Maintenance personnel in Adak do not have the breadth of technical or material resources that urban developers are accustomed to. The plant and integration design should consider local expertise and maintenance operations as critical components of a long-term project. As a long-time operator of rural Alaskan utilities and other power generation facilities TDX Power understands the difficulties of operating under these conditions. 4.2.3 Existing Energy Market Discuss existing energy use and its market. Discuss impacts your project may have on energy customers. The existing electrical infrastructure was build to support the US Navy operations in Adak, which had a peak population of nearly 6,000 people. With closure of the NAF-Adak, ownership of the electric utility was transferred to the local government and was later purchased by TDX Power. There are 120 utility customers in Adak, of which 105 are residential. The electricity market in Adak is regulated by the State of Alaska through the Regulatory Commission of Alaska. TDX Adak Generating, LLC, a wholly owned subsidiary of TDX Power, owns and operates the utility under certificate number CPCN 684. TDX Adak Generating reports that the current electrical load averages roughly 200 –250kW, with recent annual sales of approximately 1.5 – 2.5 million kWh. The price of electricity is currently averaging $1.50/kWh for residential customers. TDX Adak Generating ratepayers do qualify for the State’s power cost equalization program (PCE), which subsidizes residential customers and some community facilities. The utility is in distress after years of inadequate maintenance. The existing electrical infrastructure is in various stages of disrepair. There is a major and urgent need for renewal and/or replacement both at the powerhouse and at the distribution level. TDX Adak Generating is evaluating options for renewal or replacement of the existing power plant to better serve customers. This upcoming utility work would significantly affect any renewable energy project in Adak. Continued coordination with the utility will be a key factor for successful development of any renewable energy project. 4.3 Proposed System Describe the system you are intending to develop and address potential system design, land ownership, permits, and environmental issues. 4.3.1 System Design Provide the following information for the proposed renewable energy system: • A description of renewable energy technology specific to project location • Optimum installed capacity • Anticipated capacity factor • Anticipated annual generation • Anticipated barriers • Basic integration concept • Delivery methods • A description of renewable energy technology specific to project location Initial analysis found about 13 individual hydroelectric project configurations near Adak. A simple approach to comparing these individual options was adopted to identify the options with the best potential for development. Current loads appear to have dropped enough from historic levels such that a single back pressure hydroelectric development project could meet up to 30% of the demand. Any project would be paralleled with a new diesel plant. The results show that two developments rank the highest: • Utilizing the existing water system pipeline and installing a power recovery turbine in place of the PRV • Constructing a storage project utilizing Lake Bonnie Rose for the intake and locating a powerhouse on Mitt Lake The first option, appears at this stage of analysis to be the most feasible option for meeting a percentage of energy generation needs economically. This option is using an existing storage project with an intake on Lake Bonnie Rose, and existing City owned water line and a powerhouse located at PRV-1.. The estimated useable storage for the lake is the surface area times a depth of 5 feet. Alsoincluded is a requirement to supply 0.5 cfs of water for potable supply. This project is also the least expensive to construct of the two identified options. The results indicate that Lake Bonnie Rose has daily and some seasonal storage value. The approximate analysis of the performance using the hourly demand data and storage is an approximation that does not include varying efficiency, headloss, minimum diesel loading and run time, or ice and snow effects on storage. For this level of study, the results are generally adequate to test the viability of the concept and determine if feasibility efforts should be considered. The results of the hourly energy analysis show that, for most of the year, the hydroelectric project could displace approx 30% diesel generation. • Optimum installed capacity Projects were identified and sized based on resource availability. The initial analysis presented above does not include storage or useable energy (demand constrained) considerations. The feasibility study will identify the most cost effective project capacity which will be dictated by system load, hydrology, and system storage capability. • Anticipated barriers Primary issues impacting development potential for the project options include cost, energy, and environmental concerns. A comparative formula was developed for assessing and ranking the project cost and energy produced. The environmental factors assigned based on estimated impacts to aquatic issues and, to a lesser extent, physical footprint of the project. No “show- stopper” issues were identified in the ealier reconnaissance phase of this project. • Anticipated capacity factor; Anticipated annual generation; Basic integration concept The table below illustrates the anticipated capacity factor; anticipated annual generation; and basic integration concept Parameter Available Energy from Hydro 730,000kWh Hydro Capacity Factor 80% Annual Energy Demand 3,200,000kWh Fraction of Demand Met by Hydro 730,000kWh Fraction of Demand Met by Diesel 2,470,000kWh Estimated Diesel Efficiency 14kWh/gal Current Diesel Fuel Use 217,506gal Diesel Fuel Use with Hydro 167,312gal Annual Fuel Savings with Hydro 50,194gal • Delivery methods Power generation is anticipated to be delivered through the existing distribution system from a tie-in point on the medium voltage system nearest the powerhouse. The extensive distribution system has adequate tie-in points in various locations. Specific recommendations will be developed as part of this study. 4.3.2 Land Ownership 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. All of the land and infrastructure required for the project are privately owned by either the Aleut Corporation or the City of Adak. Both entities support renewable energy development in Adak, and have expressed willingness to work with TDX to develop a hydroelectric power system. 4.3.3 Permits Provide the following information as it may relate to permitting and how you intend to address outstanding permit issues. • List of applicable permits • Anticipated permitting timeline • Identify and discuss potential barriers Due to significant environmental and legal requirements associated with project development on refuge lands, USFWS Alaska Maritime National Wildlife Refuge lands on the south side of Adak Island are not being considered for development. In accordance with the permitting memo prepared under the Reconnaissance Report, the following permits will be required for construction of a hydroelectric project. A detailed evaluation of the following permits will be performed under this project, including consultation with relevant agencies, and on-site investigation of fish habitat, wetlands, and known cultural sites. • Wetlands Permit / Water Quality Certification (USACE / AK DEC) • SHPO Permit (AK DNR) • Endangered Species Act Clearance (USFWS, NMFS) • Essential Fish Habitat Consultation (NOAA Fisheries) • Coastal Zone Management Program (currently unenforceable) • Fish Habitat – Title 16 permit (ADF&G) • Water Rights (AK DNR) • Contamination review (US Navy, EPA, AK DEC) 4.3.4 Environmental Address whether the following environmental and land use issues apply, and if so how they will be addressed: • Threatened or endangered species • Habitat issues • Wetlands and other protected areas • Archaeological and historical resources • Land development constraints • Telecommunications interference • Aviation considerations • Visual, aesthetics impacts • Identify and discuss other potential barriers • Threatened or Endangered species and Habitat Issues The following ESA-listed species may be found in the project area: Aleutian shield fern, an endangered species managed by the USFWS; the northern sea otter and Steller‟s eider, threatened species managed by the USFWS; and the Steller sea lion, fin whale, humpback whale, sperm whale, blue whale and north Pacific right whale, endangered species managed by the National Marine Fisheries Service (NMFS). Critical habitat for Aleutian shield fern has not been established, but it is possible that the ferns are located within project option areas. Critical habitat for Steller sea lion surrounds Adak Island, but no haul out or rookery sites are in the vicinity of the project options. Critical habitat for northern sea lions in the area is from mean high tide seaward. Critical habitat for the whale species is also off shore. (Sea otters, Steller sea lions, and whale species are also regulated under the MMPA, which has separate consultation requirements that could occur concurrently with this process.) The marine waters surrounding Adak provide Essential Fish Habitat (EFH) for the following species: walleye pollock, squid, skate, sculpin, rock sole, and northern rockfish. No Habitat Areas of Particular Concern are found at the project location. Anadromous streams are also considered EFH for salmon species. Based on Alaska Department of Fish and Game‟s (ADF&G) Catalog ofWaters Important for the Spawning, Rearing or Migration of Anadromous Fishes, there are about 12 anadromous streams around the community of Adak. The extent of project work is projected to be outside anadromous habitat, which will minimize impacts and permitting requirements. However, further evaluation and definition of anadromous habitat is required and is included in this project. • Wetlands and other protected areas It is likely that a wetland permit would be required for all proposed renewable energy projects; however, it is recommended that prior to submitting an application, a preliminary wetlands jurisdictional determination is completed to determine the extent of wetlands in the project area. A USACE wetland permit would be required if the project requires dredging or the placement of fill in wetlands. Also, a wetlands permit would be required if any project components were placed below ordinary high water of any navigable stream. If the project is constructed in undisturbed areas, it is likely that a wetlands survey and the submittal of a preliminary jurisdictional determination and a wetland permit application would be required. Potential impacts to wetlands could be reduced by constructing the project within previously disturbed areas and by incorporating existing infrastructure. • Archeological and historical resources Since there is the potential that there are cultural or historic resources in alternative energy project option areas, to make the permitting process more efficient, consultation with the SHPO should occur during the permitting process. The project could wait for the federal permitting agencies to complete this consultation as a part of their process; however, completing the NHPA consultation with the SHPO is expected to help move the permitting process forward. If the project is constructed in undisturbed areas, it is likely that a cultural resources survey would be required and the SHPO would require the submittal of a finding of effects letter. If the project would result in impacts to buildings more than 50 years old, it is likely that SHPO would require the submittal of a finding of effects letter. Potential impacts to cultural resources could be reduced by constructing the project within previously disturbed areas and by incorporating existing infrastructure, such as road right-of-ways. • Land development constraints The land is owned by the City of Adak and/or the Aleut Corporation and no constraints exist at this time. • Telecommunications interference There are no telecommunications interferences anticipated on this project. • Aviation considerations There would likely be no FAA permitting requirements associated with a hydroelectric project. • Visual, aesthetics and other potential barriers A re-evaluation of environmental issues such as fish habitat, wetlands, archeological, and visual and/or aesthetic impacts will be conducted in detail as part of the feasibility study. Section 4.3.3 of this application outlines the permits we expect to pursue. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 19 of 33 7/2/14 4.4 Proposed New System Costs and Projected Revenues (Total Estimated Costs and Projected Revenues) The level of cost information provided will vary according to the phase of funding requested and any previous work the applicant may have done on the project. Applicants must reference the source of their cost data. For example: Applicants records or analysis, industry standards, consultant or manufacturer’s estimates. 4.4.1 Project Development Cost Provide detailed project cost information based on your current knowledge and understanding of the project. Cost information should include the following: • Total anticipated project cost, and cost for this phase • Requested grant funding • Applicant matching funds – loans, capital contributions, in-kind • Identification of other funding sources • Projected capital cost of proposed renewable energy system • Projected development cost of proposed renewable energy system Total anticipated project costs are $1.2 million - $1. 6 million, including approximately $200,000 in development cost (reconnaissance, feasibility, design and permitting), and for the preferred 75kW facility. Capital cost assumptions are based on industry standards adjusted for the remote location ($3,500 – 5,000 per kW capacity). Cost for the Feasibility Study is $85,000. TDX Power is requesting funding for the expanded scope of feasibility study with matching funds or other funding streams are available at this time. 4.4.2 Project Operating and Maintenance Costs Include anticipated O&M costs for new facilities constructed and how these would be funded by the applicant. (Note: Operational costs are not eligible for grant funds however grantees are required to meet ongoing reporting requirements for the purpose of reporting impacts of projects on the communities they serve.) This proposal is for engineering studies only. There are no operating and maintenance costs associated with the project. 4.4.3 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 • Proposed rate of return from grant-funded project The customers are the ratepayers of Adak. TDX Adak Generating (TAG), a wholly-owned subsidiary of TDX Power, owns and operates the utility in Adak. It is anticipated that TAG will own the hydroelectric power plant. The City of Adak currently owns the dams and will retain ownership of that portion of the project. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 20 of 33 7/2/14 If a small hydroelectric project is developed, the sales price would need to be below the avoided cost of power, which fluctuates with the price of diesel fuel. If a larger hydroelectric project designed to operate without the diesel power plant is developed, the rate cap may be significantly higher since it would eliminate the need to operate the diesel power plant for much of the year. There is no “rate of return” associated with this engineering study. If TDX Power develops a project, we would expect that a rate of return consistent with the RCA‟s regulations and procedures would be allowed. There is no rate of return on the grant-funded portion of any project. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 21 of 33 7/2/14 4.4.4 Project Cost Worksheet Complete the cost worksheet form which provides summary information that will be considered in evaluating the project. Please fill out the form provided below. Renewable Energy Source The Applicant should demonstrate that the renewable energy resource is available on a sustainable basis. Annual average resource availability. 440kW or greater (multiple projects are feasible) Unit depends on project type (e.g. windspeed, hydropower output, biomass fuel) Existing Energy Generation and Usage a) Basic configuration (if system is part of the Railbelt 1 grid, leave this section blank) i. Number of generators/boilers/other 4 diesels generators ii. Rated capacity of generators/boilers/other 3 x 800kW, 1 x 1100kW iii. Generator/boilers/other type Diesel iv. Age of generators/boilers/other 18 + years v. Efficiency of generators/boilers/other 9.28 kWh/gallon of fuel b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank) i. Annual O&M cost for labor $311,334 ii. Annual O&M cost for non-labor $1,444,430 (including $830,699 in fuel expenses) c) Annual electricity production and fuel usage (fill in as applicable) (if system is part of the Railbelt grid, leave this section blank) i. Electricity [kWh] 750,000 ii. Fuel usage Diesel [gal] 237,762 Other N/A iii. Peak Load 580kW iv. Average Load 252kW v. Minimum Load 200kW vi. Efficiency 9.28kW/gallon vii. Future trends Upwards due to recent fish plant connection d) Annual heating fuel usage (fill in as applicable) i. Diesel [gal or MMBtu] N/A ii. Electricity [kWh] N/A iii. Propane [gal or MMBtu] N/A 1 The Railbelt grid connects all customers of Chugach Electric Association, Homer Electric Association, Golden Valley Electric Association, the City of Seward Electric Department, Matanuska Electric Association and Anchorage Municipal Light and Power. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 22 of 33 7/2/14 iv. Coal [tons or MMBtu] N/A v. Wood [cords, green tons, dry tons] N/A vi. Other N/A Proposed System Design Capacity and Fuel Usage (Include any projections for continued use of non-renewable fuels) a) Proposed renewable capacity (Wind, Hydro, Biomass, other) [kW or MMBtu/hr] 75 kW b) Proposed annual electricity or heat production (fill in as applicable) i. Electricity [kWh] 2,330,00 kWh ii. Heat [MMBtu] N/A c) Proposed annual fuel usage (fill in as applicable) i. Propane [gal or MMBtu] N/A ii. Coal [tons or MMBtu] N/A iii. Wood or pellets [cords, green tons, dry tons] N/A iv. Other N/A Project Cost a) Total capital cost of new system $1.2 - $1.6 Million b) Development cost Approx. $200,00, including recon + feasibility+ design + permitting c) Annual O&M cost of new system Less than $5k annual-no new dedicated employees d) Annual fuel cost 0 Project Benefits a) Amount of fuel displaced for i. Electricity 80,820 gallons ii. Heat 0 iii. Transportation 0 b) Current price of displaced fuel $4.35/gallon c) Other economic benefits N/A d) Alaska public benefits 30% reduction in PCE payout: $110,305.00 Power Purchase/Sales Price Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 23 of 33 7/2/14 a) Price for power purchase/sale Project Analysis a) Basic Economic Analysis Project benefit/cost ratio 2.0 to 3.5 (NPV of fuel savings / total capital cost) Payback (years) 3.35 years (4a + 4b)/[(current price – 6a)*3b(i)] 4.4.5 Impact on Rates Briefly explain what if any effect your project will have on electrical rates in the proposed benefit area. If the is for a PCE eligible utility please discuss what the expected impact would be for both pre and post PCE. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 24 of 33 7/2/14 SECTION 5– PROJECT BENEFIT Explain the economic and public benefits of your project. Include direct cost savings, and how the people of Alaska will benefit from the project. The benefits information should include the following: • Potential annual fuel displacement (gallons and dollars) over the lifetime of the evaluated renewable energy project • Anticipated annual revenue (based on i.e. a Proposed Power Purchase Agreement price, RCA tariff, or cost based rate) • Potential additional annual incentives (i.e. tax credits) • Potential additional annual revenue streams (i.e. green tag sales or other renewable energy subsidies or programs that might be available) • Discuss the non-economic public benefits to Alaskans over the lifetime of the project Using the current cost of diesel fuel in Adak of $4.35 per gallon, the annual savings in fuel would be about $715,000. Over a 30 year period with a discount rate of 3% this equates to a present value of about 14.3 million dollars. For comparison, it is estimated that the capital costs for similar rural hydroelectric projects should be in the range of about $7,500 per kW to $15,000 per kW. Thus, at 75 kW, the preferred option is expected to cost from 1.2 million to 1.6 million dollars. Currently, there are no additional annual incentives or additional annual revenue streams. Non-economic public benefits to Alaskans over the lifetime of the project will include the reduced exposure to NOX from the diesel generators, reduced noise pollution to the community and surrounding eco-system, reduced potential for diesel spills that impact land and water. Additionally, there is a perceived mental health benefit for people when they have reduced stress worrying about diesel shipments and costs. The positive aspect of renewable energy is a sense of ownership and pride in „green‟ technology for this small village as well as an improved climate for business investment in the community. 5.1 Public Benefit for Projects with Private Sector Sales Projects that include sales of power to private sector businesses (sawmills, cruise ships, mines, etc.), please provide a brief description of the direct and indirect public benefits derived from the project as well as the private sector benefits and complete the table below. See section 1.6 in the Request for Applications for more information. Renewable energy resource availability (kWh per month) Estimated sales (kWh) Revenue for displacing diesel generation for use at private sector businesses ($) Estimated sales (kWh) Revenue for displacing diesel generation for use by the Alaskan public ($) Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 25 of 33 7/2/14 SECTION 6– SUSTAINABILITY Discuss your plan for operating the completed project so that it will be sustainable. Include at a minimum: • Proposed business structure(s) and concepts that may be considered. • How you propose to finance the maintenance and operations for the life of the project • Identification of operational issues that could arise. • A description of operational costs including on-going support for any back-up or existing systems that may be require to continue operation • Commitment to reporting the savings and benefits The goal of this project is to make investments that could lead to stably priced, reliable energy over the long term. TDX has proven itself as a rural utility operator and hybrid system design house, focused on maintaining top quality service at a reasonable price. This engineering study fits within our existing business to develop the power generation system in Adak that provides low- cost, consistent, reliable and safe service. Operations and maintenance (O&M) for the life of the project will be supported financially by operating revenues. Operation issues due to lack of technological expertise in Adak will be addressed by operations training as well as Anchorage-based support. Costs incurred for day to day operations will include the salary for the operators and general administrative functions. Normal replacement of parts and equipment will be scheduled and budgeted into the annual budget to continue optimum operations. Savings and benefits will be reported to the stakeholders and the Authority through annual reports. Fred – plug in our 70%renewable goal SECTION 7 – READINESS & COMPLIANCE WITH OTHER GRANTS Discuss what you have done to prepare for this award and how quickly you intend to proceed with work once your grant is approved. Tell us what you may have already accomplished on the project to date and identify other grants that may have been previously awarded for this project and the degree you have been able to meet the requirements of previous grants. TDX Power purchased the Adak utility in 2008 and has focused on improving safety and reliability of the existing system. Much work is left to be done, including replacement of nearly all major equipment in the power plant. If further studies show that a hydroelectric power plant can economically compete with diesel, TDX Power is prepared to immediately pursue this option, possibly allowing the utility to downsize the projected replacement diesel plant. Under a REF grant from the Authority, TDX Power recently performed a reconnaissance report for a hybrid power system on Adak, considering wind, geothermal, and hydroelectric options. The results of that study indicate that there is a substantial hydroelectric potential. Much of the required infrastructure required for a hydroelectric project is already in place, including access Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 26 of 33 7/2/14 roads and dams. Detailed hydrology reports have been prepared for all the major lakes near Adak. This information can be leveraged to support the feasibility study. SECTION 8 – LOCAL SUPPORT AND OPPOSITION Discuss local support and opposition, known or anticipated, for the project. Include letters of support or other documentation of local support from the community that would benefit from this project. The Documentation of support must be dated within one year of the RFA date of July 2, 2014 Local support from the community, stakeholders, the Aleut Corporation and the City of Adak will help to assure continuing success with this project. TDX has conducted outreach efforts with each of these entities and they have each indicated a willingness to support TDX‟s plans for hydroelectric development in Adak. A letter of support from the Aleut Corporation is attached to this application. At this time there is no opposition to the project. Although it was not possible to gain formal approval and support for the project from the City of Adak, through our ongoing discussions we are confident that the City will support the project and make land and other assets available for development. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 27 of 33 7/2/14 SECTION 9 – GRANT BUDGET Tell us how much you are seeking in grant funds. Include any investments to date and funding sources, how much is being requested in grant funds, and additional investments you will make as an applicant. 9.1 Funding sources and Financial Commitment Provide a narrative summary regarding funding source and your financial commitment to the project $85,000 is required to complete a feasibility study of a hydroelectric-diesel hybrid power system and is requesting the total amount of funding from the Alaska Energy Authority (the Authority). Other contributions to the investment in Adak‟s power system includes the following: • Aleut Corporation conducted hydrology surveys • City of Adak has invested in dam safety and maintenance • Navy invested heavily installing dams, roads and power distribution infrastructure • TDX Power and the Authority have invested in a reconnaissance study 9.2 Cost Estimate for Metering Equipment Please provide a short narrative, and cost estimate, identifying the metering equipment, and its related use to comply with the operations reporting requirement identified in Section 3.15 of the Request for Applications. Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 28 of 33 7/2/14 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 and Commissioning). Please use the tables provided below to detail your proposed project’s budget. Be sure to use one table for each phase of your project. 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 at 907-771-3031 or by emailing the Grants Administrator, Shawn Calfa, at scalfa@aidea.org. 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 Milestone list below. ) $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTALS $ $ $ Budget Categories: Direct Labor & Benefits $ $ $ Travel & Per Diem $ $ $ Equipment $ $ $ Materials & Supplies $ $ $ Contractual Services $ $ $ Construction Services $ $ $ Other $ $ $ TOTALS $ $ $ Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 29 of 33 7/2/14 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 Milestone list below. ) $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTALS $ $ $ Budget Categories: Direct Labor & Benefits $ $ $ Travel & Per Diem $ $ $ Equipment $ $ $ Materials & Supplies $ $ $ Contractual Services $ $ $ Construction Services $ $ $ Other $ $ $ TOTALS $ $ $ Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 30 of 33 7/2/14 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 Milestone list below. ) $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTALS $ $ $ Budget Categories: Direct Labor & Benefits $ $ $ Travel & Per Diem $ $ $ Equipment $ $ $ Materials & Supplies $ $ $ Contractual Services $ $ $ Construction Services $ $ $ Other $ $ $ TOTALS $ $ $ Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 31 of 33 7/2/14 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 Milestone list below. ) $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTALS $ $ $ Budget Categories: Direct Labor & Benefits $ $ $ Travel & Per Diem $ $ $ Equipment $ $ $ Materials & Supplies $ $ $ Contractual Services $ $ $ Construction Services $ $ $ Other $ $ $ TOTALS $ $ $ Renewable Energy Fund Round VIII Grant Application - Standard Form AEA 15003 Page 32 of 33 7/2/14 SECTION 10 – AUTHORIZED SIGNERS FORM Community/Grantee Name: Regular Election is held: Date: Authorized Grant Signer(s): Printed Name Title Term Signature I authorize the above person(s) to sign Grant Documents: (Highest ranking organization/community/municipal official) Printed Name Title Term Signature Grantee Contact Information: Mailing Address: 615 E 82nd Ave. Anchorage 99518 Phone Number: Fax Number: E-mail Address: kord@tdxpower.com Federal Tax ID #: Please submit an updated form whenever there is a change to the above information. CITY OF ADAK, ALASKA 100 Mechanical Street, Suite B122 • Adak, Alaska 99546 Post Office Box 2011 • Adak, Alaska 99546 • Tel: 907.592.4500 • Fax: 907.592.4262 www.adak-ak.us City of Adak, Alaska September 22, 2014 Kord Christianson President TDX Power, Inc. 615 East 82nd Avenue, Suite 200 Anchorage, Alaska 99518 RE: Letter of Support for Adak Generating AEA Application Dear Mr. Christianson: The City of Adak, Alaska supports TDX Power’s application for financial assistance from the Alaska Energy Authority (AEA) Renewable Energy Fund Program (Round VIII) for an Energy Baseline Study project. Significant investments have been made by various entities in the recent past, including the City and TDX Power for study of renewable resources. One of the most significant struggles towards implementing renewable energy, regardless of the source, leads to a discussion of current and potential energy demand and capacity. As you are aware, Adak has significant resources and potential, along with challenges that make utility planning and renewable resource implementation difficult. Any project that can lower the cost of energy, for quality of life as a primary concern, but for potential general economic benefit must be analyzed. Lacking a true understanding of the community’s energy usage, especially from those businesses that self-generate, all of the data compiled to justify making significant investments becomes less valuable. This project has the potential to bring together all of the data necessary to give accurate information for future energy projects that will benefit the entire community. As a side benefit, proposing to gather data that can be used for the Home Weatherization program could be very useful as there are no Certified Energy Auditors on the island which makes participating in the program significantly more cost prohibitive. We have had several residents who would like to participate in the program, however the amount of capital required to participate, along with the required energy audit, creates obstacles that have prohibited participation in the programs. We look forward to working with you on this project and ask the Alaska Energy Authority Review Committee recommend the application for full funding. If you or the review committee has any questions for the City, please do not hesitate to reach out to my office. Sincerely, Layton J. Lockett City Manager