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HomeMy WebLinkAboutEmmonak Cover LetterNovember 10, 2008 - AWKA VHJ AGE ELECTRIC COOPERATIVE, INC. Alaska Energy Authority 813 West Northern Lights Boulevard Anchorage, Alaska 99503-2495 Attn: Renewable Energy Fund Grant Program: Emonnak Wind Construction Project Dear Review Panel: The Alaska Village Electric Cooperative (AVEC) respectfully submits the enclosed application for grant funds available through the Renewable Energy Fund Grant Program. Avec is seeking funding for the final design, permitting, and construction of an electrical distribution tie line between the villages of Emmonak and Alakanuk and the final design, permitting, construction, erection, startup, and commissioning of eight wind turbines to supplement a new power generation system for the communities of Emmonak and Alakanuk. The primary financial benefit from this project will be offset fuel costs for power generation in Emmonak and Alakanuk. A secondary financial benefit will be from the retirement of the existing power plant at Alakanuk. At AVEC's 2008 actual average price of fuel at both communities of $4.4259/gallon, savings will approach $430,000 per year. AVEC is seeking $9,670,361 from AEA under this proposal. AVEC will provide $1,052,318 as a cash contribution and $10,500 as an in -kind contribution toward the proj ect. Please do not hesitate to contact Mr. Petrie of my staff if you have questions. Sincerely, Meera Kohler President and CEO cc: Brent Petrie, AVEC enclosures 4831 Eagle Street . Anchorage, Alaska 99503-7497 • Phone (907) 561-1818 • In State (800) 478-1818 • Fax (907) 561-2388