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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. 7.039 m/s wind - historic record for site
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 6 each
ii. Rated capacity of
generators/boilers/other
3,470 kW
iii. Generator/boilers/other type Cat 3406,3412, & 3512 Diesel Generators
iv. Age of generators/boilers/other 15 to 20 years old
v. Efficiency of generators/boilers/other 35 to 38% + waste heat usage
b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank)
i. Annual O&M cost for labor $180,740
ii. Annual O&M cost for non-
labor
$127,680
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] 6,156,549
ii. Fuel usage
Diesel 454,069 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
[gal]
Other
iii. Peak Load 850 kW
iv. Average Load 700 kW
v. Minimum Load 440 kW
vi. Efficiency 36%
vii. Future trends Stable
d) Annual heating fuel usage (fill in as applicable)
i. Diesel [gal or MMBtu]
ii. Electricity [kWh]
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry
tons]
vi. Other
3. Proposed System Design
a) Installed capacity 3,770 kW
b) Annual renewable electricity generatio n
i. Diesel [gal or MMBtu]
ii. Electricity [kWh] 1,107,430 kWh
iii. Propane [gal or MMBtu]
iv. Coal [tons or MMBtu]
v. Wood [cords, green tons, dry
tons]
vi. Other
4. Project Cost
a) Total capital cost of new system $953,955
Renewable Energy Fund
RFA AEA 09-004 Application Cost Worksheet revised 9/26/08 Page 3
b) Development cost $505,085
c) Annual O&M cost of new system $30,000
d) Annual fuel cost $0
5. Project Benefits
a) Amount of fuel displaced for
i. Electricity 76,115 gallons
ii. Heat
iii. Transportation
b) Price of displaced fuel $3.00
c) Other economic benefits
d) Amount of Alaska public
benefits
$228,345
6. Power Purchase/Sales Price
a) Price for power purchase/sale Electric Utility
7. Project Analysis
a) Basic Economic Analysis
Project benefit/cost ratio 1/7.71
Payback 7.7 years