HomeMy WebLinkAboutREF Walker Lake Hydro Introductory LettertUnqu & haiaa Pegonal dcapical authoRity
P.O. Box 210149 • Auke Bay, Alaska 99821 • (907) 789-3196
September 19, 2012
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: Walker Lake Hydro
Application Review Committee:
Tlingit-Haida Regional Electrical Authority (THREA) 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. THREA is a non-profit political subdivision of the State of Alaska under
Title 18, Chapter 57, and authorized by the Executive Council of the Central Council Tlingit and Haida
Indian Tribes of Alaska.
The attached Application documents and describes the request for feasibility funding for the proposed
hydroelectric project. The total estimated cost is $690,000 (2012). The estimated rate savings as a result
of this project is estimated at $59,842/year. THREA commits to this project a Cash Match of $50,000.
THREA and IPEC (the certificated utility for the Chilkat Valley and Klukwan), share the same belief 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. Together, we can maximize the public
benefits of the Walker Lake hydro project through extensive grant funding, and low margin cooperative
principals. THREA and IPEC have had long term plans to develop Walker Lake, in fact this project is
listed in IPEC's 2009 Energy Plan. Both companies share the same board members, and have identical
goals with respect to this project.
THREA welcomes the Alaska Energy Authority to implement this essential renewable energy project,
and requests the Review Committee carefully consider the merits of this application.
THREA filed for a preliminary FERC permit application on June 11, 2012 for Walker Lake. We look
forward to working with you on this project. Please feel free to contact me at (907) 789-3196, ext 24 with
questions.
Sincerely,
odi Mitchel
CEO/General Manager