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HomeMy WebLinkAboutGoodnewsWindFeasREFApp09192014AVEC C ALASKA VILLAGE ELECTRIC COOPERATIVE, INC. September 22, 2014 Alaska Energy Authority 813 West Northern Lights Boulevard Anchorage, Alaska 99503-2495 Attn: Grant Manager: Shawn Calfa Re: Renewable Energy Fund Grant Program Round 8 Goodnews Bay Wind Energy Feasibility and Conceptual Design Project Dear Mr. Calfa and Review Panel: The Alaska Village Electric Cooperative, Inc. (AVEC) respectfully submits the enclosed application for grant funds available through the Renewable Energy Fund Grant Program. Our application requests $123,500 for a wind energy feasibility and conceptual design project for the community of Goodnews Bay. AVEC proposes to use wind data collected by AEA and complete geotechnical work to determine the feasibility of installing wind turbines in Goodnews Bay, which is rated as a class 5 wind regime by AEA Alaska high-resolution wind resource map. The appropriate total rating would be determined by this feasibility study. With funding obtained through AEA's program and an AVEC cash match of $6,500, AVEC proposes to complete a conceptual design report (CDR) for a wind project in Goodnews Bay, which will move the project towards the overall goal of establishing a renewable energy resource in this low income community. Please do not hesitate to contact me or Steve Gilbert, AVEC's Projects Development and Key Accounts Department Manager, if you have questions. S incerely, "Vo~ L4 LV Meera Kohler President and CEO cc: Steve Gilbert, AVEC Enclosures 4831 Eagle Street • Anchorage , Alaska 99503-7497 • (907)561-1818 • in State (800) 478 -1818 • Fax (907)561-2388 • In State (866)561 -2388 Grant Application Goodnews Bay Wind Energy Feasibility and Conceptual Design Project Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 1 of 31 7/2/14 SECTION 1 – APPLICANT INFORMATION Name (Name of utility, IPP, or government entity submitting proposal) Alaska Village Electric Cooperative, Inc. Type of Entity: Fiscal Year End: Not-for-profit corporation December 31 Tax ID # 92-0035763 Tax Status: ☐ For-profit ☒ Non-profit ☐ Government (check one) Date of last financial statement audit: April 7, 2014 Mailing Address: Physical Address: 4831 Eagle Street 4831 Eagle Street Anchorage, AK 99503 Anchorage, AK 99503 Telephone: Fax: Email: 800.478.1818 800.478.4086 sgilbert@avec.org 1.1 APPLICANT POINT OF CONTACT / GRANTS MANAGER Name: Steve Gilbert Title: Manager, Projects Development and Key Accounts Department Mailing Address: 4831 Eagle Street Anchorage, AK 99503 Telephone: Fax: Email: 907.565.5357 907.561.2388 sgilbert@avec.org 1.1.1 APPLICANT ALTERNATE POINTS OF CONTACT Name Telephone: Fax: Email: Meera Kohler 800.478.1818 800.478.4086 mkohler@avec.org Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 2 of 31 7/2/14 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) ☒ 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. ☒ 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) ☒ 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) ☒ 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) ☒ 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 VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 3 of 31 7/2/14 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. Goodnews Bay Wind Energy Feasibility and Conceptual Design Project 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. Goodnews Bay (population 268) is located on the north shore of Goodnews Bay at the mouth of Goodnews River. It is 116 air miles south of Bethel, 110 miles northwest of Dillingham, and 400 miles west of Anchorage. It lies at approximately 59.12 North Latitude and -161.59 West Longitude (Sec. 21, T012S, R073W, Seward Meridian). 2.2.2 Community benefiting – Name(s) of the community or communities that will be the beneficiaries of the project. This project will benefit the community of Goodnews Bay, Alaska. 2.3 PROJECT TYPE Put X in boxes 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 2.4 PROJECT DESCRIPTION Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 4 of 31 7/2/14 Provide a brief one paragraph description of the proposed project. AVEC proposes to use wind data to be collected by AEA and to complete geotechnical work to determine the feasibility of installing wind turbines in Goodnews Bay. The work will involve obtaining a letter of non-objection from the landowner for the geotechnical fieldwork and conducting a geotechnical investigation to determine the soil conditions and needed engineering at the site. A conceptual design will be created based upon the wind data and geotechnical investigation. 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.) The primary financial benefit from this project would be to prepare a conceptual design of a wind facility. A more refined project cost would be determined, and the project would be ready for final design and permitting. Assuming installation of a 150 kilowatt (kW) capacity, it could produce 367,920 kilowatt hours (kWh) annually. The possible displacement of diesel fuel used for village power generation in Goodnews Bay could be 27,213 gallons per year. Using ISER’s model this project could save about $104,805 during the first year of operation, projected to be in 2017. Based on those values, estimated savings over the lifetime of the project is $2,273,000. Goodnews Bay is a traditional Yup'ik Eskimo village with a subsistence lifestyle. The majority of residents rely upon fishing, hunting, gathering and trapping for their survival. Jobs are limited to positions with the city, school, and few local businesses. Forty four percent of the Goodnews Bay population is below the poverty line and the median household income is $23,000. Reducing the reliance on diesel fuel power generation would provide long -term socio-economic benefits to village households. This project would help augment the existing thermal heat recovery from the diesel engines at the power plant to the washeteria. A renewable power resource would decrease the washeteria’s operating costs, giving the community and residents of Goodnews Bay more economic stability. In addition, the following important benefits will be realized:  Stabilized electric costs in the future through decreased fuel use.  Reduced electric costs for non-PCE community institutions, which may allow for increased or improved community or social services.  Reduced electric costs to other non-PCE commercial energy customers, such as the store, which will stabilize living costs for residents.  Increased opportunity for local economic development.  Increased revenue for local businesses during the construction phase. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 5 of 31 7/2/14  New jobs for local residents during project construction.  Increased longevity of the PCE fund through a reduction in PCE payments for residents and PCE-eligible community facilities.  Reduced fossil fuel emissions, which results in improved local air quality and decreased contribution to global climate change.  Reduced fuel consumption, which reduces the volume of fuel transported and the potential for fuel spills and environmental impacts. 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. The total project cost for this phase of the project is $130,000 of which $123,500 is requested in grant funds from AEA. The remaining $6,500 (5%) would be matched in cash by AVEC. 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 $123,500 2.7.2 Cash match to be provided $6,500 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) $130,000 Other items for consideration 2.7.6 Other grant applications not yet approved $ Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 6 of 31 7/2/14 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. $1,634,500 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. $104,805 (first year, 2017) $2,274,000 (project lifetime) 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. $ to be determined 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. AVEC would provide overall project management and oversight. AVEC is the electric utility serving Goodnews Bay. To further support the AVEC team in project delivery engineering and environmental consultants would be selected. Steve Gilbert, Manager, Projects Development and Key Accounts Department Steve Gilbert is manager of Projects Development and Key Accounts for AVEC where he leads a team focused on lowering the cost of energy in rural Alaskan villages through improved power plant efficiency, wind and other renewable power generation and interties between villages. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 7 of 31 7/2/14 Previously, Mr. Gilbert worked at Chugach Electric for 17 years managing three power plants and served as lead electrical engineer for a 1 MW fuel cell and micro-turbine projects and wind energy project development Mr. Gilbert is recognized as an industry leader on wind energy and has been active on a national level in operation and maintenance of wind power plants. He was Alaska’s Electrical Engineer of the Year in 2000 and for the 12 western states in 2001. He has been a regular lecturer at schools and universities on renewables, especially wind. He also worked with BP Wind in London assessing European wind prospects. To better evaluate investment opportunities for his employer, Mr. Gilbert recently completed his MBA. Meera Kohler, the President and CEO of AVEC. Meera Kohler has more than 30 years of experience in the Alaska electric utility industry. She was appointed Manager of Administration and Finance at Cordova Electric Cooperative in 1983, General Manager of Naknek Electric Association in 1990, and General Manager of Municipal Light & Power in Anchorage in 1997. Since May 2000, Ms. Kohler has been the President and CEO of AVEC and in this position has the ultimate grant and project responsibilities. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 8 of 31 7/2/14 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. The key tasks and their completion dates are: Grant Award/Authorization to Proceed: July 1, 2015 Preliminary Geotech Report: December 2015 Conceptual Design and Cost Estimate: November 2016 Final Report: December 2016 The schedule organized by AEA milestones is as follows: Milestones Tasks Start Date End Date Project scoping and contractor solicitation AVEC would select contractor(s) for the geotechnical analysis, conceptual design, and permitting immediately following AEA’s authorization to proceed. Jul 1, 2015 Aug 15, 2015 Detailed resource assessment The wind resource report will be completed by AEA. N/A N/A Identification of land and regulatory issues AVEC would initiate negotiations of permanent site control to place turbines, if the project appears feasible. Jan 1, 2016 Jun 1, 2016 Permitting and environmental analysis Permitting for the met tower was completed by AEA. AVEC would summarize needed permits and environmental approvals for the wind project. Jan 1, 2016 Nov 15, 2016 Detailed analysis of current cost of energy and future market AVEC would analyze the existing and future energy costs and markets in Goodnews Bay. The information would be based on AVEC records and community plans. A community meeting would be held to determine future energy markets. Information regarding energy markets would be incorporated into the CDR. Feb 1, 2016 Mar 30, 2016 Assessment of alternatives AVEC would review turbine and turbine locations to determine the most feasible project for the conditions and community. Nov 1, 2015 Feb 1, 2016 Conceptual design and costs estimate Various wind turbines would be examined to determine which would be best suited to fit the lower energy demand and single phase electric system in Goodnews Bay. A reconnaissance level geotechnical study would be completed. A conceptual design and cost Feb 1, 2016 Nov 1, 2016 Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 9 of 31 7/2/14 estimate would be prepared using information gathered from the wind study and geotechnical fieldwork. Detailed economic and financial analyses An economic and financial analysis, which examines potential final design and construction costs, operating and maintenance costs, user rates, and other funding mechanisms, would be developed and included in the CDR. Feb 1, 2016 Aug 30, 2016 Conceptual business and operations plan N/A N/A N/A Final report and recommendations All of the memoranda and reports written for the project would be combined in a final report and submitted to AEA. The Final CDR would include the following information:  Site Control  Existing and Future Energy Costs and Markets  Economic and Financial Analysis  Preliminary Geotechnical Report  Conceptual Design Analysis and Cost Estimate, including a turbines analysis  Environmental Permits Dec 31, 2016 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. AVEC will use a project management approach that has been used to successfully study, design and construct wind turbines throughout rural Alaska . The strategy includes a team of AVEC staff and external consultants. AVEC staff and their role on this project includes:  Meera Kohler, President and Chief Executive Officer, would act as Project Executive and will maintain ultimate authority programmatically and financially.  Steve Gilbert, Projects Development and Key Accounts Department Manager, would lead the project management team consisting of AVEC staff, consultants, and contractors. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 10 of 31 7/2/14  Debbie Bullock, Manager of Administrative Services, will provide support in accounting, payables, financial reporting, and capitalization of assets in accordance with AEA guidelines.  Bill Stamm, Manager of Engineering, leads AVEC’s Engineering Department which is responsible for in-house design of power plants, distribution lines, controls and other AVEC facilities. Mr. Stamm has worked at AVEC since 1994. Mr. Stamm was the AVEC line superintendent before he was appointed to Manager of Engineering in 2012. Mr. Stamm’s unit will provide engineering design and supervision.  Mark Bryan, Manager of Operations, is a Certified Journeyman Electrician and supervises AVEC’s line operations, generation operations and all field construction programs. He has worked at AVEC since 1980, was appointed Manager of Construction in May 1998 and was promoted to Manager of Operations in June 2003. Mr. Bryan’s unit will oversee operation of this project as part of the AVEC utility system, once constructed.  Anna Sattler, Community Liaison, would communicate directly with Goodnews Bay residents and key entities to ensure that the community is informed. An AVEC project manager would lead this project. It is likely that one or more contractors already under contract to AVEC would complete the work. The project manager would be responsible for:  Selecting, coordinating, and managing the geotechnical, engineering, and permitting consultants and ensuring that their deliverables are on time and within budget  Working with AVEC’s Community Liaison to develop the Existing and Future Energy Costs and Markets Memorandum  Working to develop the Economic and Financial Analysis Contractors for this project would include:  Wind Resource Consultant. AVEC currently has an on-call contract with V3 Energy, LLC for wind resource consulting. V3 would help to analyze wind data gathered by AEA and develop turbine layout  Geotechnical Consultant. AVEC would select and employ an experienced geotechnical consultant who would conduct a reconnaissance level geotechnical and natural hazards field study and report of the project area  Engineering Consultant. AVEC would select and employ an engineering consultant who would provide conceptual design and engineering specifications for the wind turbines Resumes are included under Tab A. Selection Process for Contractors: The geotechnical and 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, conformance with OMB circulars, and DCAA principles. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 11 of 31 7/2/14 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. AVEC has systems in place to accomplish reporting requirements successfully. In 2013, AVEC successfully met reporting requirements for 21 state and 26 federal grants. An independent auditor’s report on compliance with aspects of contractual agreements and regulatory requirements, independent auditor’s report on internal control over financial reporting and on compliance and other matters, and an independent auditor’s report on compliance for each major federal program and report on internal control over compliance required by OMB Circular A-133 for AVEC for 2013 did not identify any deficiencies in internal control over compliance that they considered to be a material weakness. In addition, the independent auditor’s report on compliance with aspects of contractual agreements and regulatory requirements stated that nothing indicated AVEC failed to comply with the terms, covenants, provisions, or conditions of loan, grants, and security instruments as specified in 7 CFR part 1773. The project will be managed out of AVEC’s Projects Development and Key Accounts Department. For financial reporting, the Projects Development and Key Accounts 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 computerized systems in place for accounting, payables, financial reporting, and capitalization of assets in accordance with AEA guidelines. AVEC will require that monthly written progress reports be provided with each invoice submitted from 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. Quarterly face-to-face 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. 3.5 Project Risk Discuss potential problems and how you would address them. Weather. Weather could delay geotechnical fieldwork; however, experienced consultants and contractors, familiar with Alaskan weather conditions, would be selected. It is unlikely that a delay in the total project schedule would occur if the fieldwork is delayed . Future Funding. By having the project designed and permitted, AVEC would be prepared to capitalize on many funding opportunities. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 12 of 31 7/2/14 Turbine Selection. Since Goodnews Bay has a single phase system, AVEC will have to identify a suitable turbine that has never been employed in an AVEC village. This will involve AVEC managers, consultants, and AEA working together to determine the best choice for the community’s system. 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. Debbie Bullock, Manager of Administrative Services, will provide support in accounting, payables, financial reporting, and capitalization of assets in accordance with AEA guidelines. 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. 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), inventory, payroll, 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 (including task orders) for acquisition of contractual services (consultants, construction, etc.). Virtually all AVEC employees are users of the accounting system, at least to a minimal extent. Primary users include the Accounting Department; all managers due to their involvement in controlling and ensuring the propriety of costs; and the Projects Development and Key Accounts Department, particularly its Project Manager, its Office Administrator and its Senior Accountant; these three employees are primarily responsible for all grant reporting. 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. 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, Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 13 of 31 7/2/14 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) for their department and expense reports 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. The Senior Accountant is very experienced with REF grant reporting and grant agreements and understands what costs would be accepted by AEA. 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 thus can be easily included for reimbursement). Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 14 of 31 7/2/14 SECTION 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 According to the AEA Alaska high-resolution wind resource map developed in coordination with the National Renewable Energy Laboratory and True Wind Solutions, Goodnews Bay is rated as a class 5 wind regime. The appropriate total rating would be determined by this feasibility study. 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 existing power generations system in Goodnews Bay consists of 3 diesel generators: a 175 kW Allis Chalmers 685I, a 250 kW Cummins LTA10, and a 236 kW Detroit Diesel S60K4, which were installed in 1985, 1988, and 2004 respectively. Individual generator efficiency is not tracked, but the aggregate diesel generator efficiency in 2013 was 13.52 kWh/gallon. 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. Existing energy infrastructure in Goodnews Bay is primarily diesel fuel for electrical power generation, heating oil for boiler (thermal) and home heating, heating oil and thermal heat recovery from the diesel engines at the power plant to the washeteria, and diesel and gasoline fuel for transportation needs. The addition of the wind turbines to the electric generation system will reduce the amount of diesel fuel used for power generation and will reduce the cost to produce power in Goodnews Bay. The diesel generator use would be decreased, thereby decreasing generator operations and maintenance costs and enabling generators to last longer and need fewer overhauls. 4.2.3 Existing Energy Market Discuss existing energy use and its market. Discuss impacts your project may have on energy customers. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 15 of 31 7/2/14 Goodnews Bay has an independent electric power system with no intertie or connection beyond the village itself. The load is highest during the winter months, with the bulk of electricity consumed by residences and the school. If this study finds that winds are suitable, the addition of a wind turbine to the electric generation system could reduce the amount of diesel fuel used for power generation. 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 Renewable Energy Technology: AVEC plans to review the wind energy data gathered by AEA and gather geotechnical information to assess the possibility of using wind power in Goodnews Bay. AVEC would then develop a conceptual design for the project. If the wind resource proves suitable and funding is obtained, wind turbines would be installed to serve the community . Currently, AVEC anticipates a 150kW capacity system could be installed; however, this study will assist in determining the best wind energy generation alternative. Optimum installed capacity/Anticipated capacity factor/Anticipated annual generation. 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 a number of turbine types to determine the best option for the community. Anticipated barriers. The potential barriers to success of this project include weather, future funding, and turbine selection. Weather is a minor barrier and does not pose a threat to the completion of this project. Future funding would be easier to obtain with this work completed. Turbine selection will be developed together with AEA. Basic integration concept/Delivery methods. The wind turbines would need to interconnect with the existing diesel power plant. Secondary load control would dispatch boilers as required to use excess wind energy while allowing the diesel generators to continue running at efficient levels. Conceptual design, to be completed as a part of this project, would detail how power from a wind turbine would be integrated and delivered into the existing system in Goodnews Bay. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 16 of 31 7/2/14 The delivery method would be examined, since Goodnews Bay has a single phase system and since some turbines are not suited for this type of system. 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. Landowner approval has been obtained for AEA to install a met tower. Further investigation to determine the best location for possible future turbines would be completed prior to grant award. Site control for a future wind project will be sought after this study is completed. Since the major landholders support the project (See Section 8 and Tab B), site control is not expected to be an obstacle to conducting geotechnical fieldwork. 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 FAA Air Navigation Hazard Permitting. After the turbine location and type have been selected, AVEC would seek a no-hazard determination from FAA for the potential turbines. AVEC would do this early in the process to ensure that adequate time and resources are allocated to this effort. It is expected to take about 3 months to obtain the FAA determination for the turbines. Endangered Species Act/Migratory Bird Treaty Act Consultation: Consultation with the U.S. Fish and Wildlife Service (USFWS) in compliance with the Endangered Species Act and Migratory Bird Treaty Act would be required for the potential turbines. A finding letter stating that the project would not be expected to impact threatened or endangered species or birds would be drafted and submitted to the USFWS once AVEC is assured this project is funded. It is expected that AVEC would receive concurrence from the Service within one month. Clean Water Act (Section 401) Permit: Because of the limited footprint of the geotechnical work, a “Nationwide Permit” would be sought. The application/preconstruction notice would be submitted to the Corps once funding is assured. 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 Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 17 of 31 7/2/14  Land development constraints  Telecommunications interference  Aviation considerations  Visual, aesthetics impacts  Identify and discuss other potential barriers AEA has obtained necessary environmental approvals for the installation of the met tower. During the final design and permitting phases, once the wind project is better scoped, AVEC would work with agencies to address the following environmental issues: Threatened or endangered species. The U.S. Fish and Wildlife Service would be consulted to ensure that installation of the wind project would have no effect on threatened or endangered species, particularly Steller’s eiders. If clearing is required for the installation of the turbines, it would be timed to avoid impacts to migratory birds in compliance with the Migratory Bird Treaty Act. Habitat issues. During permitting, the project team would work with agencies to ensure that the project would not impact any State refuges, sanctuaries or critical habitat areas, federal refuges or wilderness areas, or national parks. Wetlands and other protected areas. If the wind 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 construction of the wind turbines. Land Development Constraints. No land development constraints are currently identified; however, if any should arise, AVEC will work with the appropriate agencies to ensure the project is in compliance. Telecommunications Interference. The wind project would be located so as not to interfere with current telecommunication services. Aviation Considerations. The wind 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 the met tower location has been finalized. Visual Impacts. If final data supports placement of wind turbines, AVEC will conduct community meetings to discuss visual impacts and how they could be mitigated. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 18 of 31 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 cost, and cost for this phase/requested grant funding/matching funds. AVEC plans to conduct a Feasibility Analysis and Conceptual Design to assess the possibility of using wind power in Goodnews Bay. This work would cost $130,000. AVEC requests $123,500 from AEA. AVEC would provide $6,500 as a matching cash contribution. Identification of other funding sources. Once the turbine type is 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 what type, size, and number of turbines would be needed, AVEC expects that final design and construction would cost over $1.6 million. It is possible that the funding for this work could come from AEA’s Renewable Energy Fund program, USDA Rural Utility Service program, or another grant program. Projected capital cost of proposed renewable energy system/projected development cost of proposed renewable energy system. The final phase of this project would be Design and Construction and Commissioning (Phase IV). AVEC estimates that this phase could cost $1,634,500. AVEC would provide a 10% cash match for the construction project. 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.) Once the turbines are installed, AVEC estimates the cost of operating and maintaining to be around $18,435 annually. This estimate is based on AEA’s default cost of wind energy of $0.050/kWh (ISER 2014). AVEC will provide the funds to maintain consistent operation of the turbines. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 19 of 31 7/2/14 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 AVEC, the existing electric utility serving Goodnews Bay, 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. Identification of potential power buyer(s)/customer(s). Energy produced from the completed wind project would be sold to AVEC’s existing customer base in the community of Goodnews Bay. Potential power purchase/sales price/Proposed rate of return from grant-funded project. The sales price for the wind-generated electricity would be determined by the Regulatory Commission of Alaska as is done in all AVEC villages. The delivered cost of energy would be reduced as much as possible for customers within Goodnews Bay under current regulations. Currently, AVEC villages with wind power systems experience the lowest electricity cost within the utility (56 villages). Similar energy cost reductions are expected upon project completion, as proposed in this application. The project has an expected payback of 13.7 years. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 20 of 31 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. Class 5 wind (assumed based on AWS Truepower) Existing Energy Generation and Usage a) Basic configuration (if system is part of the Railbelt1 grid, leave this section blank) i. Number of generators/boilers/other 3 ii. Rated capacity of generators/boilers/other AC=175kW; CMS=250kW; DD=236kW Total=661kW iii. Generator/boilers/other type Diesel generators iv. Age of generators/boilers/other 29 years; 26 years; 10 years v. Efficiency of generators/boilers/other b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank) i. Annual O&M cost for labor $140,000/year (labor and non-labor combined-AVEC estimate) ii. Annual O&M cost for non-labor 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] 788,752 kWh (2013 PCE Report) ii. Fuel usage Diesel [gal] 58,335 gal (2013 PCE Report) Other iii. Peak Load 182 kW iv. Average Load 90 kW v. Minimum Load vi. Efficiency 13.52 kWh/gal (2013 PCE Report) 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 Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 21 of 31 7/2/14 vii. Future trends d) Annual heating fuel usage (fill in as applicable) i. Diesel [gal or MMBtu] ii. Electricity [kWh] iii. Propane [gal or MMBtu] iv. Coal [tons or MMBtu] v. Wood [cords, green tons, dry tons] vi. Other 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] 150 kW wind capacity b) Proposed annual electricity or heat production (fill in as applicable) i. Electricity [kWh] 367,920 ii. Heat [MMBtu] c) Proposed annual fuel usage (fill in as applicable) i. Propane [gal or MMBtu] ii. Coal [tons or MMBtu] iii. Wood or pellets [cords, green tons, dry tons] iv. Other Project Cost a) Total capital cost of new system $1,634,500 b) Development cost c) Annual O&M cost of new system $18,435 (based on $0.050/kWh for wind energy) d) Annual fuel cost Project Benefits a) Amount of fuel displaced for i. Electricity 27,213 gal/year (wind output/diesel plant efficiency) ii. Heat iii. Transportation Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 22 of 31 7/2/14 b) Current price of displaced fuel $4.04/gal (2013 PCE Report) c) Other economic benefits d) Alaska public benefits Power Purchase/Sales Price a) Price for power purchase/sale Project Analysis a) Basic Economic Analysis Project benefit/cost ratio 1.10 Payback (years) 13.7 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. Since this is a feasibility and conceptual design project, there will be no impact on rates upon completion of this phase; however, upon completion of the Goodnews Bay Wind Energy Project (post-construction) there will be a reduction of electrical rates from the reduced use of generator fuel. Goodnews Bay power sales that are eligible for PCE will see 5% of the benefit of reduced electric costs in their electric rates, with the other 95% accruing to the state of Alaska through reduced PCE credits to end users. Goodnews Bay electric customers not eligible for PCE will receive the entire benefit of reduced power costs through their electric rates. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 23 of 31 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 Potential annual fuel displacement: The project could decrease diesel use by 27,213 gal/yr (based on preliminary numbers and 80% turbine availability) and 544,260 gallons over the anticipated 20- year lifetime of the installation. Based on ISER’s model, this project could save approximately $104,805 during its first full year of operation, planned to be 2017. Anticipated annual revenue/Potential additional annual incentives/Potential additional annual revenue streams. 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. Additional economic benefits Goodnews Bay is a traditional Yup’ik Eskimo village with most residents supported by subsistence activities. Long-term positions are limited to positions with the city, school, and few local businesses. According to the American Community Survey, in 2013, 44% of the population was unemployed, with 44% living below the poverty level. The median household income was $23,000, compared to the median household income for all Alaska of $67,712. Reducing the reliance on diesel fuel power generation will provide long-term socio-economic benefits to village households. The high cost of energy is an extreme hardship for the low income families of Goodnews Bay, even considering Power Cost Equalization credits. It is likely that energy costs for PCE customers will be reduced. As stated in Section 4.4.5, power sales that are eligible for PCE will see 5% of the benefit of reduced electric costs in their electric rates, with the other 95% accruing to the state of Alaska through reduced PCE credits to end users. It is likely that energy costs for non-PCE community institutions will be reduced allowing for better community services. Once the wind project is constructed and wind-to-heat systems are in place, costs to operate important community facilities (e.g. school, health clinic, tribal office, etc.) will be decreased (see Section 4.4.5), enabling managing entities (e.g., city governments, tribe, school district) to operate more economically. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 24 of 31 7/2/14 In addition, the stabilized energy costs would also allow community entities to plan and budget for important community infrastructure listed in the 2005 Goodnews Bay Development Plan, including a new health clinic (2005 priority #1), renovation of the Multi-Purpose Facility (also 2005 priority #1), and upgraded water and sewer systems. It is likely that energy costs for non-PCE commercial energy customers will be reduced and savings will be passed along to residents. Commercial enterprises in the communities are excluded from the PCE program. Once this project is constructed, these entities will see a savings in the cost of electricity. Local businesses, especially the store, may pass this savings along to customers. The development and growth of local businesses are crippled by the high cost of energy. Decreases in electricity costs make small businesses more viable in rural Alaskan communities like Goodnews Bay which in turn makes economic development and the addition of local jobs more likely. Reduced commercial energy costs will benefit the entire community by increasing opportunities for local economic development. Lower costs of energy may allow local businesses to start and flourish. The anticipated benefits of installation of the wind turbine s will be reducing the negative impact of the cost of energy by providing a renewable energy alternative. This project could help stabilize energy costs and provide long-term socio-economic benefits to village households. Locally produced, affordable energy will empower community residents and could help avert rural- to-urban migration. Project construction will benefit local businesses and residents. During future construction the local economy could benefit through the project’s purchase of local services (workers’ housing, for example) and goods (food, for example) and construction materials (sand or gravel, for example). In most AVEC construction projects some local hire takes place and this project would not be an exception. The State of Alaska will pay less in PCE subsidies. The State could see 95% of the benefit of reduced PCE-eligible electric rates once this project is constructed. Non-economic public benefits. Goodnews Bay residents’ health and safety would benefit from the environmental benefits resulting from a reduction of hydrocarbon use, including:  Reduced potential for fuel spills or contamination during transport, storage, o r use (thus protecting vital water and subsistence food sources)  Improved local air quality  Decreased contribution to global climate change from fossil fuel use This project would help with the understanding of the wind resource in southwest Alaska. Data acquired from this study will assist nearby communities at the mouth of the Kuskokwim River to understand their wind resource. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 25 of 31 7/2/14 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. This project would not provide power to any large private sector businesses. By reducing the cost of power production, small businesses in Goodnews Bay will see a cost savings which may be passed along to residents in the form of lower product or services prices. Renewable energy resource availability (kWh per month) n/a Estimated sales (kWh) n/a Revenue for displacing diesel generation for use at private sector businesses ($) n/a Estimated sales (kWh) n/a Revenue for displacing diesel generation for use by the Alaskan public ($) n/a Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 26 of 31 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 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. It has, with financial assistance from the State of Alaska, the Rural Utilities Service and the Denali Co mmission, installed 34 turbines in eleven communities with interties to three other communities. In 2013, AVEC’s wind turbines generated 4,662,665 kWh (net) and displaced an estimated 355,593 gallons of diesel fund, saving about $1,387,973 in diesel generating costs. Business Plan Structures and Concepts which may be considered: The wind turbine(s) would be incorporated into AVEC’s power plant operation. Local plant operators provide daily servicing. AVEC technicians provide periodic preventative or corrective maintenance and are supported by AVEC headquarters staff, purchasing, and warehousing. How O&M will be financed for the life of the project: The costs of operations and maintenance would be funded through ongoing energy sales to member villages. Operational issues which could arise: Operational issues of the proposed turbines would be determined during this phase. Operating costs: Different turbines have different operating costs; however using AEA’s default cost of wind energy, estimated O&M would cost $18,435 (based on $0.050/kWh for wind energy). Commitment to reporting the savings and benefits: AVEC is fully committed to sharing the savings and benefits information accrued from this project with its member owners and with AEA. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 27 of 31 7/2/14 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. Once funding is known to be secured, AVEC would seek contractors to complete the engineering and geotechnical work. Geotechnical work would occur before winter. Work that can be completed before the AEA wind study is completed would occur over the winter, including analysis of current cost of energy and future market, and the economic and financial analyses. Once the AEA-led wind study is completed, conceptual design would occur. No other grants have been secured for this work in the past. 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 The community is very committed to moving this project forward and fully supports this project. Letters of support for this project have been received from the City of Goodnews Bay, the Native Village of Goodnews Bay, and Kuitsarak, Incorporated. (See Tab B.) Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 28 of 31 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 AVEC plans to conduct a feasibility analysis and conceptual design to assess the possibility of using wind power in Goodnews Bay. This work is estimated to cost $130,000. AVEC requests $123,500 from AEA. AVEC will provide $6,500 as a cash contribution. A detail of the grant budget follows on the next page. To date, no funds have been obtained for this project. If the wind resource proves to be suitable, AVEC would seek funding to construct turbines in Goodnews Bay. AVEC would provide a 10% cash match to any obtained funding. 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. Because this project involves project feasibility only, no meter would be installed. AVEC installs meters on all wind turbines in their fleet. When this project is constructed, it is likely that the meter would be an Elster 16s (part number ZD3300K0082). This meter costs about $400. Renewable Energy Fund Round VIII Grant Application - Standard Form Goodnews Bay Wind Energy Feasibility and Conceptual Design Project AEA 15003 Page 29 of 31 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 Project scoping and contractor solicitation Aug 2015 $1,900 $100 Cash $2,000 Detailed energy resource analysis N/A completed by AEA Identification of land and regulatory issues Jun 2016 $4,750 $250 Cash $5,000 Permitting and environmental analysis Nov 2016 $6,650 $350 Cash $7,000 Detailed analysis of existing and future energy costs and markets Mar 2016 $4,750 $250 Cash $5,000 Assessment of alternatives Feb 2016 $4,750 $250 Cash $5,000 Concept Design and Costs Estimate Nov 2016 Geotech $23,750 $1,250 Cash $25,000 Concept Design $62,700 $3,300 $66,000 Detailed economic and financial analysis Aug 2016 $9,500 $500 Cash $10,000 Conceptual business and operations plans N/A Final report and recommendations Dec 2016 $4,750 $250 Cash $5,000 TOTALS $123,500 $6,500 $130,000 Budget Categories: Direct Labor & Benefits $9,500 $500 Cash $10,000 Travel & Per Diem $9,500 $500 Cash $10,000 Equipment $0 $0 $0 Materials & Supplies $0 $0 $0 Contractual Services 104,500 $5,500 Cash $110,000 Construction Services $0 $0 $0 Other $0 $0 $0 TOTALS $123,500 $6,500 $130,000 Renewable Energy Fund Round VIII j4mw_;~ALASKA Grant Application - Standard Form ENERGY AUTHORITY Goodn's Bay Wind gy sibty p! Conceptual Design Project SECTION 10— AUTHORIZED SIGNERS FORM I Community/Grantee Name: Alaska Village Electrical Cooperative, Inc. Regular Election is held: Date: Annually Each March Authorized Grant Signer(s): Printed Name Title Term Signature Meera Kohler President and CEO Unlimited 1bi'CLJ I authorize the above person(s) to sign Grant Documents: (Hiahest rankina oraanization/communitv/municinal officiah Printed Name Title Term Signature Meera Kohler President and CEO Unlimited Grantee Contact Information: Mailing Address: 4831 Eagle Street Anchorage, AK 99503 Phone Number: 800.478.1818 Fax Number: 800.478.4086 E-mail Address: sgilbert@avec.org Federal Tax ID #: 92-0035763 Please submit an updated form whenever there is a change to the above information. AEA 15003 Page 30 of 31 7/2/14 Tab B Letters of Support NATIVE VILTAGE QF G.OODNEWS BAY TRADITIONAL VILIA,GE CO UNEtt P_O. ROX 138 GOODNEWS BAY, ALASKA 99589 phone no. 907-967-8929 fax 967-8330 email address: goodnews90T@hotmail.com September L5,2OL4 Meera Kohler. President & CEO Alaska Village Electric Cooperative. lnc. (AVEC) 483L Eagle Street Anchorage, Alaska 99503 RE: Goodnews Bay Wind Power Feasibility Project Dera Ms. Kohler. The Goodnews Bay Traditional Village Council understands that AVEC is preparing a grant application to study the feasibility of wind power in Goondews Bay. The study will involve conducting a geotechnical study to determine ground conditions and preparing a conceptual design report (CDR). The study will use wind data that the Alaska Energy Authority is planning on gathering starting in Septemb er 2OL4. lf the study shows that a wind farm is feasible, AVEC will seek funding to prepare final design and obtain permits for wind turbines. We fully support this study and seeking funding from the State's Renewable Energy Fund grant program, as it well help determine if wind power is a solution to high and unstable power cost in our community. The Native Village of Goodnews Bay, Traditional Village Council is willingto work with AVEC on the project. AVEC is welcome to include this letter in the grant application package. istrator Sincerely, CC: files Tab C Heat Project Information No information provided in this section. Not applicable to this project. Tab D Authority Tab E Certification Renewable Energy Fund Round VIII T 4SK. Grant Application - Standard Form — ENERGY AUTHORITY u000news bay Wind Energy Feasibility and Conceptual Design Project SECTION 11 -ADDITIONAL DOCUMENTATION AND CERTIFICATION SUBMIT THE FOLLOWING DOCUMENTS WITH YOUR APPLICATION: A.Contact information and resumes of Applicant's Project Manager, Project Accountant(s), key staff, partners, consultants, and suppliers per application form Section 3.1, 3.4 and 3.6. Applicants are asked to provide resumes submitted with applications in separate electronic documents if the individuals do not want their resumes posted to the project web site. B.Letters or resolutions demonstrating local support per application form Section 8. C.For projects involving heat: Most recent invoice demonstrating the cost of heating fuel for the building(s) impacted by the project. D.Governing Body Resolution or other formal action taken by the applicant's governing body or management per RFA Section 1.4 that: - Commits the organization to provide the matching resources for project at the match amounts indicated in the application. - Authorizes the individual who signs the application has the authority to commit the organization to the obligations under the grant. - Provides as point of contact to represent the applicant for purposes of this application. - Certifies the applicant is in compliance with applicable federal, state, and local, laws including existing credit and federal tax obligations. E.An electronic version of the entire application on CD or other electronic media, per RFA Section 1.7. F.CERTIFICATION The undersigned certifies that this application for a renewable energy grant is truthful and correct, and that the applicant is in compliance with, and will continue to comply with, all federal and state laws including existing credit and federal tax obligations and that they can indeed commit the entity to these obligations. Print Name Meera Kohler Signature Title President and CEO Date AEA 15003 Page 31 of 31 7/2/14 Tab F Additional Materials Renewable Energy Fund Economic Benefit-Cost Analysis Model Updated July 2014 (Alejandra Villalobos Meléndez, ISER Research Associate) Project Description Comments: (Please assign comment ID and hyperlink next to applicable column/row) Community ID Nearest Fuel Community 1 Region RE Technology Project ID Applicant Name Project Title Results NPV Benefits $1,595,467.51 NPV Capital Costs $1,452,280 Payback period B/C Ratio 1.10 13.74 NPV Net Benefit $143,188 Performance Unit Value Displaced Electricity kWh per year 367,920 Displaced Electricity total lifetime kWh 7,358,400 Displaced Petroleum Fuel gallons per year 27,213 Displaced Petroleum Fuel total lifetime gallons 544,260 Displaced Natural Gas mmBtu per year - Displaced Natural Gas total lifetime mmBtu - Avoided CO2 tonnes per year 276 Avoided CO2 total lifetime tonnes 5,524 Proposed System Unit Value Capital Costs $1,634,554$ Project Start year 2017 Project Life years 20 Displaced Electric kWh per year 367,920 Displaced Heat gallons displaced per year Displaced Transportation gallons displaced per year Renewable Generation O&M $ per kWh 0.050 Electric Capacity kW 150 Electric Capacity Factor %28 Heating Capacity Btu/hr Heating Capacity Factor % Total Public Benefit 2013$ (Total over the life of the project) Base System Unit Value Diesel Generator O&M $ per kWh 0.020$ Applicant's Diesel Generator Efficiency kWh per gallon Diesel Generation Efficiency kWh per gallon 13.52 Parameters Unit Value Heating Fuel Premium $ per gallon -$ Transportation Fuel Premium $ per gallon -$ Discount Rate % per year 3% Crude Oil $ per barrel EIA Mid Natural Gas $ per mmBtu Goodnews Bay Goodnews Bay Rural Before using this new feature, please read the accompanying notes: Wind Description PUBLIC BENEFITS. Two options are now available to include public benefit estimates in the B/C ratio calculations. Presumed year of construction Assumptions AVEC assumption From Assumptions worksheet; assume Class 5 wind 2013 PCE Report Public Benefits 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Annual Cost Savings Units 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 PV Entered Value Project Capital Cost $ per year -$ -$ -$ 1,634,554$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $1,452,280 Electric Cost Savings $ per year -$ -$ -$ 104,805$ 104,157$ 104,676$ 106,274$ 108,045$ 110,060$ 112,111$ 114,297$ 116,329$ 118,201$ 119,751$ 121,747$ 123,359$ 125,077$ 126,524$ 128,434$ 130,596$ 132,723$ 134,752$ 136,788$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $1,595,468 Heating Cost Savings $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Transportation Cost Savings $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Entered Value Other Public Benefits $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Total Cost Savings $ per year -$ -$ -$ 104,805$ 104,157$ 104,676$ 106,274$ 108,045$ 110,060$ 112,111$ 114,297$ 116,329$ 118,201$ 119,751$ 121,747$ 123,359$ 125,077$ 126,524$ 128,434$ 130,596$ 132,723$ 134,752$ 136,788$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $1,595,468 Net Benefit $ per year $0 $0 $0 ($1,529,748)$104,157 $104,676 $106,274 $108,045 $110,060 $112,111 $114,297 $116,329 $118,201 $119,751 $121,747 $123,359 $125,077 $126,524 $128,434 $130,596 $132,723 $134,752 $136,788 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $143,188 Electric Units 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 PV Renewable Generation kWh per year - - - 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Entered Value Renewable Scheduled Repairs $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Renewable O&M $ per year -$ -$ -$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $250,987 Entered Value Renewable Fuel Use Quantity (Biomass)green tons - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Entered Value Renewable Fuel Cost $ per unit -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total Renewable Fuel Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Proposed Generation Cost $ per year -$ -$ -$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ 18,435$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $250,987 Fossil Fuel Generation kWh per year - - - 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 367,920 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Fuel Price $ per gallon 4.66$ 4.47$ 4.36$ 4.26$ 4.23$ 4.25$ 4.31$ 4.38$ 4.45$ 4.53$ 4.61$ 4.68$ 4.75$ 4.81$ 4.88$ 4.94$ 5.00$ 5.06$ 5.13$ 5.21$ 5.28$ 5.36$ 5.43$ 5.50$ 5.59$ 5.66$ 5.76$ 5.87$ 5.92$ 5.98$ 6.03$ 6.09$ 6.15$ 6.21$ 6.27$ 6.33$ 6.39$ 6.45$ 6.51$ 6.58$ 6.65$ 6.72$ 6.78$ 6.86$ 6.93$ 7.00$ 7.08$ 7.16$ 7.23$ 7.31$ 7.40$ 7.48$ 7.57$ 7.66$ 7.74$ 7.84$ 7.93$ 8.03$ 8.12$ 8.22$ 8.33$ 8.43$ Entered Value Scheduled Repairs $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 O&M $ per year -$ -$ -$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ 7,358$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $100,185 Fuel Use gallons per year - - - 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 27,213 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Fuel Cost $ per year -$ -$ -$ 115,881$ 115,233$ 115,752$ 117,350$ 119,121$ 121,136$ 123,187$ 125,373$ 127,405$ 129,278$ 130,827$ 132,823$ 134,436$ 136,153$ 137,601$ 139,510$ 141,673$ 143,800$ 145,828$ 147,864$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $1,746,270 Base Generation Cost $ per year -$ -$ -$ 123,240$ 122,591$ 123,110$ 124,708$ 126,479$ 128,495$ 130,546$ 132,731$ 134,763$ 136,636$ 138,185$ 140,182$ 141,794$ 143,511$ 144,959$ 146,868$ 149,031$ 151,158$ 153,187$ 155,223$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $1,846,455 Heating Units 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 PV Renewable Heat gallons displaced per year - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Entered Value Renewable Heat Scheduled Repairs $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Entered Value Renewable Heat O&M $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Entered Value Renewable Fuel Use Quantity (Biomass)green tons - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Entered Value Renewable Fuel Cost $ per unit -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total Renewable Fuel Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Proposed Heat Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Fuel Use gallons per year - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Fuel Cost $ per gallon 4.66$ 4.47$ 4.36$ 4.26$ 4.23$ 4.25$ 4.31$ 4.38$ 4.45$ 4.53$ 4.61$ 4.68$ 4.75$ 4.81$ 4.88$ 4.94$ 5.00$ 5.06$ 5.13$ 5.21$ 5.28$ 5.36$ 5.43$ 5.50$ 5.59$ 5.66$ 5.76$ 5.87$ 5.92$ 5.98$ 6.03$ 6.09$ 6.15$ 6.21$ 6.27$ 6.33$ 6.39$ 6.45$ 6.51$ 6.58$ 6.65$ 6.72$ 6.78$ 6.86$ 6.93$ 7.00$ 7.08$ 7.16$ 7.23$ 7.31$ 7.40$ 7.48$ 7.57$ 7.66$ 7.74$ 7.84$ 7.93$ 8.03$ 8.12$ 8.22$ 8.33$ 8.43$ Entered Value Scheduled Repairs $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Entered Value O&M $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Annual Fuel Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Base Heating Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Transportation Units 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049 2050 2051 2052 2053 2054 2055 2056 2057 2058 2059 2060 2061 2062 2063 2064 2065 2066 2067 2068 2069 2070 2071 2072 2073 2074 2075 PV Renewable Transportation Use gallons displaced per year - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Entered Value Scheduled Repairs ($)$ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Entered Value O&M $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Proposed Transportation Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Transportation Fuel Use gallons per year - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Transportation Fuel Cost $ per gallon 4.66$ 4.47$ 4.36$ 4.26$ 4.23$ 4.25$ 4.31$ 4.38$ 4.45$ 4.53$ 4.61$ 4.68$ 4.75$ 4.81$ 4.88$ 4.94$ 5.00$ 5.06$ 5.13$ 5.21$ 5.28$ 5.36$ 5.43$ 5.50$ 5.59$ 5.66$ 5.76$ 5.87$ 5.92$ 5.98$ 6.03$ 6.09$ 6.15$ 6.21$ 6.27$ 6.33$ 6.39$ 6.45$ 6.51$ 6.58$ 6.65$ 6.72$ 6.78$ 6.86$ 6.93$ 7.00$ 7.08$ 7.16$ 7.23$ 7.31$ 7.40$ 7.48$ 7.57$ 7.66$ 7.74$ 7.84$ 7.93$ 8.03$ 8.12$ 8.22$ 8.33$ 8.43$ Entered Value Scheduled Repairs ($)$ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Entered Value O&M $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Annual Fuel Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Base Transportation Cost $ per year -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $0 Base Proposed Base Proposed Base Proposed