HomeMy WebLinkAboutRound_IV_CostworksheetRenewable Energy Fund Round 4
Project Cost/Benefit Worksheet
1. Renewable Energy Source
The Applicant should demonstrate that the renewable energy resource is available on a
sustainable basis.
Annual average resource availability.Ground Source Heat Pump: Unlimited
Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel)
2. 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 One (building has no existing heating system;
ii.Rated capacity of generators/boilers/other
figures are for conventional oil system)
iii.Generator/boilers/other type
iv.Age of generators/boilers/other
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 Estimated $300 for conventional system
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]
ii.Fuel usage
Diesel [gal]Estimated 2700 gallons/year for conventional oil heat
Other
iii.Peak Load
iv.Average Load
v.Minimum Load
vi.Efficiency
vii.Future trends
d)Annual heating fuel usage (fill in as applicable)
i.Diesel [gal or MMBtu]Estimated 2700 gallons/year
ii.Electricity [kWh]Estimated 200 kWh/yr to run circulating pumps
iii.Propane [gal or MMBtu]
iv.Coal [tons or MMBtu]
v.Wood [cords, green tons, dry tons]
vi.Other
3. Proposed System Design Capacity and Fuel Usage
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.
RFA AEA11-005 Application Cost Worksheet Page 1 7-21-10
Renewable Energy Fund Round 4
Project Cost/Benefit Worksheet
(Include any projections for continued use of non-renewable fuels)
a)Proposed renewable capacity
(Wind, Hydro, Biomass, other)
[kW or MMBtu/hr]
Will be designed to suit heating needs of building
b)Proposed annual electricity or heat production (fill in as applicable)
i.Electricity [kWh]
ii.Heat [MMBtu]Approximately 250 MMBtu
c)Proposed annual fuel usage (fill in as applicable)
i.Propane [gal or MMBtu]
ii.Coal [tons or MMBtu]
iii.Wood [cords, green tons, dry tons]
iv.Other Approximately 34,000 kWh/yr electricity
4. Project Cost
a)Total capital cost of new system $100,000
b)Development cost Design and permitting - $50,000
c)Annual O&M cost of new system Estimated $200/yr
d)Annual fuel cost Approximately $3200 (electricity)
5. Project Benefits
a)Amount of fuel displaced for
i.Electricity
ii.Heat Estimated 2700 gallons/year
iii.Transportation
b)Current price of displaced fuel $8100
c)Other economic benefits
d)Alaska public benefits
6. Power Purchase/Sales Price
a)Price for power purchase/sale N/A
7. Project Analysis
a)Basic Economic Analysis
Project benefit/cost ratio .9
Payback (years)18
RFA AEA11-005 Application Cost Worksheet Page 2 7-21-10