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RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 1
Application Cost Worksheet
Please note that some fields might not be applicable for all technologies or all project
phases. Level of information detail varies according to phase requirements.
1. Renewable Energy Source
The Applicant should demonstrate that the renewable energy resource is available on a
sustainable basis.
Annual average resource availability. See Graph
Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel)
2. Existing Energy Generation
a) Basic configuration (if system is part of the Railbelt1 grid, leave this section blank)
i. Number of generators/boilers/other 3 gens, 1 boiler, 2 wood stoves
ii. Rated capacity of generators/boilers/other 75 kw, 50 kw, 45 kw gens
iii. Generator/boilers/other type Onan & John Deere
iv. Age of generators/boilers/other 75 kWh generator -over 17 years, 50 kWh
generator 12 years, 45 kWh – 10 years
v. Efficiency of generators/boilers/other 5.3 kWh/gal ($0.75/kWh at $4/gal)
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor $200 x 12 = 2400 (labor costs)
ii. Annual O&M cost for non-labor $200 x 12 = 2400 (generator maintenance/upgrades)
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] 5.3 kWh/gal
ii. Fuel usage
Diesel [gal] 17,384.60 gallons (annually)
Other 634.20 propane (annually)
iii. Peak Load 18.0 kWh
iv. Average Load 6.8 kWh
v. Minimum Load 5.1 kWh
vi. Efficiency 5.3 kWh/gal ($0.75/kWh at $4/gal)
vii. Future trends Remain the same
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu] 17,384.60 gallons
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
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 2
ii. Electricity [kWh] 0.0
iii. Propane [gal or MMBtu] 634.20
iv. Coal [tons or MMBtu] 0.0
v. Wood [cords, green tons, dry tons] 4 cords
vi. Other
3. Proposed System Design
a) Installed capacity 50kw
b) Annual renewable electricity generation
i. Diesel [gal or MMBtu] None
ii. Electricity [kWh] 14 to 50 kWh 600,000.0 kWh (annually)
iii. Propane [gal or MMBtu] None
iv. Coal [tons or MMBtu] None
v. Wood [cords, green tons, dry tons] None
vi. Other
4. Project Cost
a) Total capital cost of new system 1,500,000
b) Development cost $650,000 development $750,000 MEA power line
c) Annual O&M cost of new system $1,200
d) Annual fuel cost 0.00
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 17,385 gallons
ii. Heat Included with electricity fuel displacement
iii. Transportation 384 gallons annually - $1,536 annually
b) Price of displaced fuel $71,076.00 annually
c) Other economic benefits $25,000.00 (new generator costs) ($51,490 power line
sales annually) $600.00 (cords of wood annually)
d) Amount of Alaska public benefits $375,000.00 (with a 3-phase MEA power line)
6. Power Purchase/Sales Price
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
a) Price for power purchase/sale $0.15 kWh ($51,490 annually)
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio Displacement savings/cost of grant
Payback Cost of grant over 20/30 years