HomeMy WebLinkAboutGrant submit letter-REF VII Gunnuk Creek 9-23-13
August 10, 2023
Renewable Energy Fund, Round 6
Alaska Energy Authority
813 West Northern Lights Blvd.
Anchorage, AK 99503
Re: Inside Passage Electric Cooperative – Renewable Energy Fund Round 6
Grant Application – Letter of Commitment
Project: Gunnuk Creek Hydroelectric Feasibility Study
Application Review Committee:
Inside Passage Electric Cooperative (IPEC) is pleased to submit the attached application for a Renewable
Energy Fund Grant for a Hydroelectric Project, an eligible renewable energy project as defined under AS
42.45.045. IPEC is a non-profit 501(c)12 electric utility
The attached Application documents and describes the request for feasibility funding for the proposed
hydroelectric project. The total estimated cost is $300,000. IPEC commits to this project a Cash Match of
$25,000.
IPEC is the certificated utility for the Kake, Alaska. IPEC firmly believes that the high cost borne by
rural Alaskans for electrical power, is best served by a non-profit with a keen focus on long term planning
toward sustainable renewable energy. With the help from the Renewable Energy Fund, we can maximize
the public benefits of the Gunnuk Creek hydroelectric project through extensive grant funding, and low
margin cooperative principals. IPEC is looking for a lower cost alternative to the Kake-Petersburg
Intertie and believes this project could be the answer with further analysis.
IPEC welcomes the opportunity for the Alaska Energy Authority to implement this essential renewable
energy project, and requests the Review Committee carefully consider the merits of this application.
Please feel free to contact me at (907) 789-3196, ext 24 with questions.
Respectfully,
Jodi Mitchell
CEO/General Manager